This is the table of contents of Internal Revenue Bulletin IRB 2017-33. 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.
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.
Nonacquiescence relating to the holding that a taxpayer’s sale and acquisition of business property qualifies as a like-kind exchange under I.R.C. § 1031 even though 17 months before the purported exchange, an accommodating party facilitating the transaction acquired title to the replacement property and the taxpayer acquired the benefits and burdens of ownership of the property.
These final regulations provide relief to victims of domestic abuse and spousal abandonment from the requirement that married taxpayers file joint returns to obtain a premium tax credit (PTC). The regulations also address the allocation of certain amounts for computing the PTC and reconciling advance payments of the PTC with the allowable PTC, and rules for self-employed taxpayers claiming both a PTC and a § 162(l) deduction for health insurance expenses.
This notice announces that the Department of the Treasury and the Internal Revenue Service intend to amend Treas. Reg. § 1.385–2 (the “Documentation Regulations”) to apply only to interests issued or deemed issued on or after January 1, 2019. This amendment has the effect of delaying the application of the Documentation Regulations by 12 months. The notice also requests comments concerning whether the proposed amendment and delay of the application of the Documentation Regulations affords adequate time for taxpayers to develop any necessary systems or processes to comply with the Documentation Regulations.
These final regulations define the term “controlled group” for purposes of the Affordable Care Act section 9008 Prescription Drug Fee.
Announcement 2017–10 amends Revenue Procedure 2017–39, 2017–26 I.R.B. 1286 to make the following corrections.
–Section 4.2.2. The correct title is Composite Substitute Statements to Recipients for Forms Specified in Sections 4.1.2 and 4.1.3.
–Section 4.2.2. The first paragraph is replaced with the following: A composite recipient statement for the forms specified in Sections 4.1.2 or 4.1.3 is permitted when one filer is reporting more than one type of payment during a calendar year to the same form recipient. A composite statement is not allowed for a combination of forms listed in Sections 4.1.2 and 4.1.3.
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