This is the table of contents of Internal Revenue Bulletin IRB 2022-21. 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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This revenue procedure provides two simplified procedures for bona fide residents of Puerto Rico who are not otherwise required to file taxable year 2021 Federal tax returns, and who meet certain other requirements (Puerto Rico CTC filers) to claim the child tax credit. Under section 4 of this revenue procedure, Puerto Rico CTC filers who file simplified U.S. self-employment tax returns may omit their modified adjusted gross income for the purpose of claiming the child tax credit. Under section 5 of this revenue procedure, Puerto Rico CTC filers who file simplified Federal income tax returns may omit their modified adjusted gross income for the purpose of claiming the child tax credit.
26 CFR 1.6012-1: Individuals required to make returns of income.
(Also Part I, §§ 24, 933, 7527A; 1.933-1.)
These proposed regulations provide guidance relating to the use of actuarial tables in valuing annuities, interests for life or a term of years, and remainder or reversionary interests. These regulations will affect the valuation of inter vivos and testamentary transfers of interests dependent on one or more measuring lives. These regulations are necessary because section 7520(c)(3) directs the Secretary to update the actuarial tables to reflect the most recent mortality experience available.
This notice publishes the inflation adjustment factor and reference price for calendar year 2022 for the renewable electricity production credit under section 45 of the Internal Revenue Code. The notice also provides the credit amounts for calendar year 2022 under section 45.
The notice announces that under § 613A(c)(6)(C) of the Internal Revenue Code, the applicable percentage for purposes of determining percentage depletion on marginal properties for calendar year 2022 is 15 percent. The format of the notice is identical to the format of notices previously published on this issue.
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