This document contains a correction to final regulations (T.D. 9448, 2009-20 I.R.B. 942) that were published in the Federal Register on Thursday, May 7, 2009 (74 FR 21438). This regulation relates to the use of actuarial tables in valuing annuities, interests for life or terms of years, and remainder or reversionary interests.
The final regulation (T.D. 9448) that is the subject of this correction is under sections 170 and 2032 of the Internal Revenue Code.
As published, T.D. 9448 contains errors that may prove to be misleading and is in need of clarification.
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Accordingly, 26 CFR parts 1 and 20 is corrected by making the following correcting amendments:
Paragraph 1. The authority citation for part 1 continues to read in part as follows:
Authority: 26 USC 7805 * * *
Par. 2. For each section listed in the table below, remove the language in the “Remove” column and add in its place the language in the “Add” column as set forth below:
Section | Remove | Add |
---|---|---|
§1.170A-12(e)(2) following the formula...... | Table 90CM in §20.2031-7.... | Table 2000CM in §20.2031-7T. |
Par. 3. The authority citation for part 20 continues to read in part as follows:
Authority: 26 USC 7805 * * *
Par. 4. Section 20.2032-1 is amended by revising paragraph (f)(1) to read as follows:
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(f) * * *
(1) [Reserved]. Further guidance, see §20.2032-1T(f)(1).
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Treena V. Garrett,The Internal Revenue Bulletin is produced and published by the Internal Revenue Service and contains IRS pronouncements affecting tax analysis under the Code and the Regulations, including but not limited to Revenue Procedures, Revenue Rulings, Notices and Announcements. Access the IRS site at https://www.irs.gov/help/irsgov-accessibility for information concerning accessibility of IRS materials. While every effort has been made to ensure that the IRB database files available through the TouchTax application are accurate, those using TouchTax for legal research should verify their results against the printed versions of the IRBs available from the IRS.