96-22592. Furnishing Statements Required With Respect to Certain Substitute Payments; Correction

[Federal Register Volume 61, Number 173 (Thursday, September 5, 1996)]
[Rules and Regulations]
[Pages 46719-46720]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-22592]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Parts 1 and 602

[TD 8029]


Furnishing Statements Required With Respect to Certain Substitute 
Payments; Correction

AGENCY: Internal Revenue Services (IRS), Treasury.

ACTION: Correcting amendment.

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SUMMARY: This document contains a correction to final regulations (TD 
8029), which were published in the Federal Register  on Wednesday, June 
5, 1985 (50 FR 23676) relating to statements required to be furnished 
by brokers and information returns of brokers.

EFFECTIVE DATE: June 5, 1985.

FOR FURTHER INFORMATION CONTACT: Donna Welch, [phone], (not a 
toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    The final regulations that are the subject of this correction are 
under sections 6042, 6045 and 6049 of the Internal Revenue Code.

Need for Correction

    The final regulations (TD 8029) omitted instructions to remove 
Sec. 1.6045-2T and the entry for the OMB control number. It is the 
intent of this document to make these removals as of the publication of 
the final regulations.

List of Subjects

26 CFR Part 1

    Income taxes, Reporting and recordkeeping requirements.

26 CFR Part 602

    Reporting and recordkeeping requirements.

Correcting Amendment to Regulations

    Accordingly, 26 CFR parts 1 and 602 are corrected by making the 
following correcting amendments:

PART 1--INCOME TAXES

    Paragraph 1. The authority citation for part 1 continues to read in 
part as follows:


[[Page 46720]]


    Authority: 26 U.S.C. 7805 * * *


Sec. 1.6045-2T  [Removed]

    Par. 2. Section 1.6045-2T is removed.

PART 602--OMB CONTROL NUMBERS UNDER THE PAPERWORK REDUCTION ACT

    Par. 3. The authority citation for part 602 continues to read as 
follows:

    Authority: 26 U.S.C. 7805.


Sec. 602.101  [Amended]

    Par. 4. Section 602.101(c) is amended by removing the entry for 
Sec. 1.6045-2T from the table.
Cynthia E. Grigsby,
Chief, Regulations Unit, Assistant Chief Counsel (Corporate).
[FR Doc. 96-22592 Filed 9-4-96; 8:45 a.m.]
BILLING CODE 4830-01-M