This document contains a correction to temporary regulations (T.D. 9191, 2005-15 I.R.B. 854) that was published in the Federal Register on Friday, March 18, 2005 (70 FR 13100) relating to the time and manner of making section 163(d)(4)(B) election to treat qualified dividend income as investment income.
The final regulation (T.D. 9191) that is the subject of this correction is under section 163 of the Internal Revenue Code.
As published, T.D. 9191, contains an error that may prove to be misleading and is in need of clarification.
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Paragraph 1. The authority citation for part 1 continues to read as follows:
Authority: 26 USC 7805 * * *
Section 1.163(d)-1T is removed.
Guy R. Traynor,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.