The tax law requires that you use these actuarial tables to value annuities, life estates, remainders and reversions, with certain exceptions. These actuarial tables do not apply to qualified retirement arrangements. They also do not apply to limited situations indicated in the regulations at sections 1.7520-3, 20.7520-3 and 25.7520-3. These actuarial tables are revised approximately every 10 years to account for the most recent mortality experience. Interest rate When you use these tables, the law requires that you apply an interest rate equal to: "The section 7520 rate", which is 120 percent of the applicable federal mid-term rate in effect for the month when the valuation date falls, rounded to the nearest 2 tenths of a percent. For valuations relating to certain charitable transfers: You may instead elect to use the rate in effect for either of the two months before the valuation date. Find details on interest rates. Prior and current actuarial tables Prior and current actuarial tables are linked below. For the period from May 1, 2019, to June 1, 2023, you may rely on either the prior or current tables. Prior tables are derived from mortality experience around the year 2000 (Table 2000CM). They apply to valuation dates of May 1, 2009, through May 31, 2023. Current tables are derived from mortality experience around 2010 (Table 2010CM). They are referenced in final regulations effective on June 1, 2023, and apply to valuation dates of June 1, 2023, and thereafter. They are reflected in the new version of Publications 1457, 1458 and 1459, Versions 4A, 4B, and 4C. However, with respect to each individual transaction and with respect to all transfers occurring on the same valuation date, you must be consistent in using the same mortality basis to value each interest (annuity, income, remainder, partial, etc.) in the same property. Standard annuity, income and remainder factors Find examples for valuing annuities, life estates, and remainders in Publication 1457, Actuarial Values Version 3A (1999) PDF or in Publication 1457, Actuarial Values Version 4A PDF. Valuation factor Prior tables: Actuarial Values 3A Publication 1457 (1999) Current tables: Actuarial Values 4A Publication 1457 (2023) One-life factors for annuities, life estates, remainders Table S (2000CM) XLSX Table S (2010CM) XLSX Two-life remainder factors Table R(2) (2000CM) XLSX Table R(2) (2010CM) XLSX Term certain factors for annuities, life estates, remainders Table B (2000CM) XLSX Table B (2010CM) XLSX Commutation factors Table H (2000CM) XLS Table H (2010CM) XLSX Adjustment factors for annuities paid at end of period* Table K XLSX Table K XLSX Adjustment factors for certain annuities paid at beginning of period** N/A Table J XLSX Mortality table Table 2000CM XLS Table 2010CM XLSX Find examples for valuing unitrust interests in Publication 1458, Actuarial Values Version 3B (1999) PDF or in Publication 1458, Actuarial Values Version 4B PDF. Valuation factor Prior tables: Actuarial Values 3B Publication 1458 (1999) Current tables: Actuarial Values 4B Publication 1458 (2023) One-life unitrust remainder factors Table U(1) (2000CM) XLS Table U(1) (2010CM) XLSX Two-life unitrust remainder factors Table U(2) (2000CM) XLSX Table U(2) (2010CM) XLSX Term unitrust remainder factors Table D XLS Table D XLS Unitrust payout rate adjustment factors* Table F XLS Table F XLS Unitrust commutation factors Table Z (2000CM) XLS Table Z (2010CM) XLSX Mortality table Table 2000CM XLS Table 2010CM XLSX Find examples for remainder interests in depreciable property for income tax purposes in Publication 1459, Actuarial Values Version 3C (1999) PDF or in Publication 1459, Actuarial Values Version 4C PDF. Valuation factor Prior tables: Actuarial Values 3C Publication 1459 (1999) Current tables: Actuarial Values 4C Publication 1459 (2023) Factors for remainder interests in depreciable property Table C (2000CM) XLS Table C (2010CM) XLSX Mortality table Table 2000CM XLS Table 2010CM XLSX *These valuation factors are not mortality based. Current tables apply to periods both before and after the regulatory change to update the tables based on mortality experience. **These valuation factors are not mortality based. Table J can be used in transactions subject to Actuarial Values 3A. Exceptions for the use of these actuarial tables These actuarial tables do not apply to valuations under Title 26, Chapter 1, Subchapter D (relating to qualified retirement arrangements), nor to Section 72 (relating to computations for exclusion ratios for annuities) nor for certain other limited purposes as provided by regulations at 1.7520-3, 20.7520-3 and 25.7520-3. Guidance Internal Revenue Code section 7520 – Valuation Tables PDF 26 Code of Federal Regulations Parts 1, 20, and 25 – Use of Actuarial Tables in Valuing Annuities, Interests for Life or a Term of Years, and Remainder or Reversionary Interests; final rule, 2023 26 Code of Federal Regulations Parts 1, 20, and 25 – Use of Actuarial Tables in Valuing Annuities, Interests for Life or a Term of Years, and Remainder or Reversionary Interests; final rule and proposed rule, 2009 PDF
