[Federal Register Volume 66, Number 61 (Thursday, March 29, 2001)]
[Proposed Rules]
[Pages 17130-17131]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-7825]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-106446-98]
RIN 1545-AW64


Relief From Joint and Several Liability; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to proposed regulations.

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SUMMARY: This document contains corrections to proposed regulations 
that were published in the Federal Register on January 17, 2001 (66 FR 
3888). The regulations provide guidance to married individuals filing 
joint returns who may seek relief from joint and several liability.

FOR FURTHER INFORMATION CONTACT: Bridget E. Finkenaur (202) 622-4940 
(not a toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    These proposed regulations that are the subject of this correction 
are under section 6015 of the Internal Revenue Code.

Need for Correction

    As published, these proposed regulations (REG-106446-98) contains 
errors that may prove to be misleading and are in need of 
clarification.

Correction of Publication

    Accordingly, the publication of the proposed regulations (REG-
106446-98), which were the subject of FR. Doc 01-8, is corrected as 
follows:


Sec. 1.6015-3  [Corrected]

    1. On page 3900, column 1, Sec. 1.6015-3, paragraph (d)(5), 
paragraph (iii) of Example 5, line 1, the language ``W's liability is 
limited $4,400 (\4/5\  x '' is

[[Page 17131]]

corrected to read ``W's liability is limited to $4,400 (\4/5\  x ''.
    2. On page 3900, column 2, Sec. 1.6015-3, paragraph (d)(5), 
paragraph (ii) of Example 6, line 9, the language ``is limited to 
$3,900 (\3/4\ of $5,200). If H also'' is corrected to read ``is limited 
to $4,160 (\4/5\ of $5,200). If H also''.
    3. On page 3900, column 2, Sec. 1.6015-3, paragraph (d)(5), 
paragraph (ii) of Example 6, line 11, the language ``election to 
allocate the $3,900 of the'' is corrected to read ``election to 
allocate the $4,160 of the''.
    4. On page 3900, column 2, Sec. 1.6015-3, paragraph (d)(5) Example 
7, line 5, the language ``as in Example 7, except that H deducts'' is 
corrected to read ``as in Example 6, except that H deducts''.

Cynthia E. Grigsby,
Chief, Regulations Unit Office of Special Counsel (Modernization and 
Strategic Planning).
[FR Doc. 01-7825 Filed 3-28-01; 8:45 am]
BILLING CODE 4830-01-P