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IRB 2009-10

Table of Contents
(Dated March 9, 2009)
(back to all IRBs)


This is the table of contents of Internal Revenue Bulletin IRB 2009-10. Click on an entry to view the entry. Items shown under "Highlights of This Issue" open summaries of each IRB-referenced document only. Scroll to Parts I, II, etc. to view the full text versions of each IRB-referenced document. Use the "Keyword Search" option of TouchTax to search the full text of all Internal Revenue Bulletins, including this IRB.

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Highlights of This Issue

These synopses are intended only as aids to the reader in identifying the subject matter covered. They may not be relied upon as authoritative interpretations.

INCOME TAX

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 March 2009.

This notice provides supplements to the actuarial tables prescribed under section 7520 of the Code. Recently, the section 7520 interest rate fell below 2.2%. The notice furnishes extensions to the existing tables for interest rates below 2.2%.

ESTATE TAX

This notice provides supplements to the actuarial tables prescribed under section 7520 of the Code. Recently, the section 7520 interest rate fell below 2.2%. The notice furnishes extensions to the existing tables for interest rates below 2.2%.

GIFT TAX

This notice provides supplements to the actuarial tables prescribed under section 7520 of the Code. Recently, the section 7520 interest rate fell below 2.2%. The notice furnishes extensions to the existing tables for interest rates below 2.2%.

ADMINISTRATIVE

This notice invites public comments regarding guidance to be provided to persons who will be required to file information returns under section 6050W of the Code. Section 6050W requires information returns to be made for each calendar year by merchant acquiring entities and third party settlement organizations with respect to payments made in settlement of payment card transactions and third party payment network transactions occurring in that calendar year. This requirement to make information returns applies to returns for calendar years beginning after December 31, 2010. Interested parties are invited to submit comments by March 18, 2009.

This announcement contains updates and corrections to Publication 1220, Specifications for Filing Forms 1098, 1099, 5498, and W-2G, Electronically, including formatting information for Form 8935, Airline Payments Report.



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