Federal rates; adjusted federal rates; adjusted federal long-term rate and the long-term exempt rate. For purposes of sections 382, 642, 1274, 1288, and other sections of the Code, tables set forth the rates for February 2009.

Final regulations under section 1502 of the Code provide guidance regarding the treatment of transactions involving debt obligations and securities between members of a consolidated group.

Allocation of homebuyer credit between unmarried co-purchasers of a principal residence. This notice explains how to allocate the first-time homebuyer credit under section 36 of the Code between unmarried co-purchasers of a principal residence.

This notice provides interim guidance regarding section 7216 of the Code and regulations section 301.7216-2(o), relating to the ability of a tax return preparer to disclose and use statistical compilations of anonymous tax return information in support of the preparer's tax return preparation business without the consent of the preparer's taxpayer clients. The notice expands, during 2009 only, the ability of tax return preparers to disclose statistical compilations, subject to specific requirements to ensure anonymity and other restrictions.

This notice sets forth the manner in which the Treasury Department and the Service will determine and announce the credit rates for certain tax credit bonds for purposes of sections 54, 54A, 1400N(l) of the Code, and similar provisions. Notice 99-35 obsoleted. Notice 2007-26 modified.

Section 168(k)(4) guidance. This procedure provides additional guidance with respect to new section 168(k)(4) of the Code, which was added by section 3081(a) of the Housing and Economic Recovery Act of 2008 (the “Housing Act”). This procedure provides guidance regarding the time and manner for making the section 168(k)(4) election, the allocation of the credit limitation increases allowed by this election among members of a controlled group, the effect of the election on partnerships with corporate partners that make the section 168(k)(4) election, the application of section 168(k)(4) to S corporations, and the election under section 3081(b) of the Housing Act by certain automotive partnerships. Rev. Proc. 2008-65 amplified and supplemented.

The IRS has revoked its determination that the Hoodland Community Childrens Center of Welches, OR, qualifies as an organization described in sections 501(c)(3) and 170(c)(2) of the Code.