How do I figure statutory interest

[lucifer]

I need to find the applicable federal tax rate for a short term loan dated Ocotber 2019

[Just-Lisa-Now-]

you mean Imputed interest? Youre looking for the AFR?
https://apps.irs.gov/app/picklist/list/federalRates.html
does this help?

This might help you with figuring the interest.
https://turbotax.intuit.com/tax-tips/tax-payments/irs-tax-rules-for-imputed-interest/L7UbulHpC

[lucifer]

Maybe I'm not reading them correctly.  So short term loan dated October 2019, promissory note states no interest, the rate I apply for imputed (yes) interest is 1.69% per year?

[lucifer]

I didn't get a reply from anyone, is the short term rate for a promissory note dated October 2019 1.69% per year?

[Just-Lisa-Now-]

Ive never had to do this, but thats what it looks like the table says is the AFR for Oct 2019.