Virginia's interest rates will change for the third quarter of 2026.

Federal rates for the third quarter will be 7% for tax underpayments (assessments) and 7% for tax overpayments (refunds) by noncorporate taxpayers. Accordingly, the Virginia rates for the second quarter of 2026 will be 9% for tax underpayments (assessments) and 9% for tax overpayments (refunds). 

Details about the interest rates for the third quarter of 2026 can be found in Tax Bulletin 26-3.