[Federal Register Volume 70, Number 68 (Monday, April 11, 2005)]
[Rules and Regulations]
[Page 18301]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-7097]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[TD 9191]
RIN 1545-BD16


Time and Manner of Making Section 163(d)(4)(B) Election To Treat 
Qualified Dividend Income as Investment Income; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to final regulations and removal of temporary 
regulations.

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SUMMARY: This document contains corrections to final regulations that 
were published in the Federal Register on March 18, 2005 (70 FR 13100) 
relating to an election that may be made by noncorporate taxpayers to 
treat qualified dividend income as investment income for purposes of 
calculating the deduction for investment interest.

DATES: This correction is effective March 18, 2005.

FOR FURTHER INFORMATION CONTACT: Amy Pfalzgraf (202) 622-4950 (not a 
toll-free number).

SUPPLEMENTARY INFORMATION:

Background

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

Need for Correction

    As published, the final regulations (TD 9191) contain an error 
which may prove to be misleading and is in need of clarification.

Correction of Publication

0
Accordingly, the publication of the final regulations (TD 9191), which 
were the subject of FR Doc. 05-5433, is corrected as follows:
    On page 13101, column 1, second signature block, the title ``Acting 
Assistant Secretary of the Treasury.'' is corrected to read ``Acting 
Deputy Assistant Secretary of the Treasury.''

Cynthia E. Grigsby,
Acting Chief, Publications and Regulations Branch, Legal Processing 
Division, Associate Chief Counsel (Procedure and Administration).
[FR Doc. 05-7097 Filed 4-8-05; 8:45 am]
BILLING CODE 4830-01-P