80 FR 73 pgs. 20413-20414 - Reporting for Premium; Basis Reporting by Securities Brokers and Basis Determination for Debt Instruments and Options; Correction
Type: RULEVolume: 80Number: 73Pages: 20413 - 20414
Pages: 20413, 20414Docket number: [TD 9713]
FR document: [FR Doc. 2015-08746 Filed 4-15-15; 8:45 am]
Agency: Treasury Department
Sub Agency: Internal Revenue Service
Official PDF Version: PDF Version
[top]
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[TD 9713]
RIN 1545-BL46; 1545-BM60
Reporting for Premium; Basis Reporting by Securities Brokers and Basis Determination for Debt Instruments and Options; Correction
AGENCY:
Internal Revenue Service (IRS), Treasury.
ACTION:
Final and temporary regulations; correction.
SUMMARY:
This document contains corrections to final and temporary regulations (TD 9713) that were published in the Federal Register on March 13, 2015 (80 FR 13233). The final regulations are relating to information reporting by brokers for bond premium and acquisition premium.
DATES:
This correction is effective on April 16, 2015 and applicable beginning March 13, 2015.
FOR FURTHER INFORMATION CONTACT:
Pamela Lew at (202) 317-7053 (not a toll free number).
SUPPLEMENTARY INFORMATION:
Background
The final and temporary regulations (TD 9713) that are the subject of this correction is under section 6045 of the Internal Revenue Code.
Need for Correction
As published, the final and temporary regulations (TD 9713) contains errors that may prove to be misleading and are in need of clarification.
Correction of Publication
[top] Accordingly, the final and temporary regulations (TD 9713), that are the
1. On page 13234, in the preamble, the first column, the twenty-sixth line from the top of the column, the language "customer has not make the election. The" is corrected to read "customer has not made the election. The".
2. On page 13235, in the preamble, the first column, the fifth line from the bottom of the column, the language "for income and basis. Under section" is corrected to read "for income and basis. Under § ".
Martin V. Franks,
Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedure and Administration).
[FR Doc. 2015-08746 Filed 4-15-15; 8:45 am]
BILLING CODE 4830-01-P