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IRS Discount Rate
The IRS discount rate floats monthly and is used in calculating the deduction for all planned gifts except pooled income fund gifts. When calculating the deduction earned by a planned gift, one may use the discount rate for the month of the gift or for either of the two months prior to the month of the gift. This rate is also called the Applicable Federal Rate or AFR.
More information on this topic is located in the Planned Giving Manager Help System.
> HelpClip: What is the Discount Rate, Anyway?
Adding the Current IRS Discount Rate
Most clients enter the current IRS discount rate in Planned Giving Manager or Gift Annuity Manager when it is announced each month or when prompted by the software. For instructions on how to enter the rate, open on-line Help, select the Index tab, enter IRS, and choose IRS discount rate: Edit or add or remove from PGM table.
Adding Past Date and Current IRS Discount Rates
For a variety of reasons, your software may be missing more than the current month's IRS discount rate. You can update the IRS discount rates in your Planned Giving Manager or Gift Annuity Manager software with a convenient and easy-to-use download. Select the appropriate link below:
Get the rate by e-mail free!
As a service to the planned giving community, we are pleased to publish the latest IRS discount rates, as well as a list of all historical rates. Around the 20th of each month, we post the next month's rate. (Bookmark this page for quick access to these rates!)
IRS Discount Rate Topics
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