IRS Discount Rates
Month Rate
March 2021 0.8%
February 2021 0.6%
January 2021 0.6%
December 2020 0.6%

When computing the deduction for a gift annuity (and many other planned gifts), one can use the IRS discount rate for the month of the gift or either of the two prior months. The rate for the upcoming month typically is announced around the 20th of the previous month.

Click here to view past IRS discount rates.