Comment on FR Doc # 2011-27575

Document ID: IRS-2011-0033-0002
Document Type: Public Submission
Agency: Internal Revenue Service
Received Date: December 08 2011, at 12:00 AM Eastern Standard Time
Date Posted: December 9 2011, at 12:00 AM Eastern Standard Time
Comment Start Date: October 25 2011, at 12:00 AM Eastern Standard Time
Comment Due Date: January 23 2012, at 11:59 PM Eastern Standard Time
Tracking Number: 80f7dca8
View Document:  View as format xml

This is comment on Proposed Rule

Partner's Distributive Share

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I agree that the de minimis partner rule should be released. It should be removed in order to prevent any unforeseen tax consequences. The intents and the outcomes did not result in agreement. It is fair to say that these consequences were not intended and that rule should be changed. Those who do not benefit from this change should not receive any reprimands. Those who do benefit from this change should carry any related burdens, financial or otherwise. This will elicit a better and well-thought out proposal in the future.

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Comment on FR Doc # 2011-27575
Public Submission    Posted: 12/09/2011     ID: IRS-2011-0033-0002

Jan 23,2012 11:59 PM ET