[Federal Register Volume 74, Number 108 (Monday, June 8, 2009)]
[Rules and Regulations]
[Pages 27079-27080]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E9-13241]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Parts 1 and 20

[TD 9448]
RIN 1545-BH96; RIN 1545-BI56


Use of Actuarial Tables in Valuing Annuities, Interests for Life 
or Terms of Years, and Remainder or Reversionary Interests; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correcting amendment.

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SUMMARY: This document contains a correction to final regulations (TD 
9448), that were published in the Federal Register on Thursday, May 7, 
2009 (74 FR 21438). This regulation relates to the use of actuarial 
tables in valuing annuities, interests for life or terms of years, and 
remainder or reversionary interests.

DATES: This correction is effective on June 8, 2009 and is applicable 
beginning May 1, 2009.

FOR FURTHER INFORMATION CONTACT: Mayer R. Samuels, (202) 622-3090 (not 
a toll-free number).

SUPPLEMENTARY INFORMATION: 

Background

    The final regulation (TD 9448) that is the subject of this 
correction is under sections 170 and 2032 of the Internal Revenue Code.

Need for Correction

    As published, TD 9448 contains errors that may prove to be 
misleading and is in need of clarification.

List of Subjects

26 CFR Part 1

    Income taxes, Reporting and recordkeeping requirements.

26 CFR Part 20

    Estate taxes, Reporting and recordkeeping requirements.

Correction of Publication

0
Accordingly, 26 CFR parts 1 and 20 is corrected by making the following 
correcting amendments:

PART 1--INCOME TAXES

0
Paragraph 1. The authority citation for part 1 continues to read in 
part as follows:

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


0
Par. 2. For each section listed in the table below, remove the language 
in the

[[Page 27080]]

``Remove'' column and add in its place the language in the ``Add'' 
column as set forth below:

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             Section                    Remove                Add
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Sec.   1.170A-12(e)(2) following  Table 90CM in Sec.  Table 2000CM in
 the formula.                        20.2031-7.        Sec.   20.2031-
                                                       7T.
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PART 20--ESTATE TAX; ESTATES OF DECEDENTS DYING AFTER AUGUST 16, 
1954

0
Par. 3. The authority citation for part 20 continues to read in part as 
follows:

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


0
Par. 4. Section 20.2032-1 is amended by revising paragraph (f)(1) to 
read as follows:


Sec.  20.2032-1  Alternate valuation.

* * * * *
    (f) * * *
    (1) [Reserved]. Further guidance, see Sec.  20.2032-1T(f)(1).
* * * * *

Treena V. Garrett,
Federal Register Liaison, Publications and Regulations Branch, Legal 
Processing Division, Associate Chief Counsel (Procedure and 
Administration).
[FR Doc. E9-13241 Filed 6-5-09; 8:45 am]
BILLING CODE 4830-01-P