[Federal Register Volume 68, Number 53 (Wednesday, March 19, 2003)]
[Rules and Regulations]
[Page 13226]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-6596]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[TD 8168]


Income Taxes; Limitation on Deduction for Nonbusiness Interest: 
Personal Interest; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correcting amendment.

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SUMMARY: This document contains a correction to Treasury Decision 8168, 
which was published in the Federal Register on Tuesday, December 22, 
1987 (52 FR 48407) relating to the treatment of personal interest and 
the treatment and determination of qualified residence interest.

DATES: This correction is effective on December 22, 1987.

FOR FURTHER INFORMATION CONTACT: Patricia Zweibel at (202) 622-5020 
(not a toll-free number).

SUPPLEMENTARY INFORMATION: 

Background

    The final regulations that are the subject of this correction are 
under section 163(h) of the Internal Revenue Code.

Need for Correction

    As published, TD 8168 contains an error which may prove to be 
misleading and is in need of clarification.

List of Subjects in 26 CFR Part 1

    Income taxes, Reporting and recordkeeping requirements.

Correction of Publication

    Accordingly, 26 CFR part 1 is corrected by making the following 
correcting amendment:

PART 1--INCOME TAXES

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

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


Sec.  1.163-9T  [Corrected]

    2. Section 1.163-9T(b)(2)(i)(A) is amended by removing the 
reference to ``Sec.  1.168-8T'' and adding the reference ``Sec.  1.163-
8T'' in its place.

Cynthia Grigsby,
Chief, Regulations Unit, Associate Chief Counsel (Procedure and 
Administration).
[FR Doc. 03-6596 Filed 3-18-03; 8:45 am]
BILLING CODE 4830-01-P