[Federal Register Volume 76, Number 242 (Friday, December 16, 2011)]
[Proposed Rules]
[Page 78183]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-32280]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-128224-06]
RIN 1545-BF80


Section 67 Limitations on Estates or Trusts; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to a cancellation of notice of public hearing on 
proposed rulemaking.

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SUMMARY: This document contains a correction to a cancellation of 
notice of public hearing on proposed rulemaking (REG-128224-06) 
providing guidance on which costs incurred by estates or trusts other 
than grantor trusts (non-grantor trusts) are subject to the 2-percent 
floor for miscellaneous itemized deductions under section 67(a) of the 
Internal Revenue Code (Code). The document was published in the Federal 
Register on Tuesday, December 13, 2011 (76 FR 77454).

FOR FURTHER INFORMATION CONTACT: Richard A. Hurst of the Publications 
and Regulations Branch, Legal Processing Division, Associate Chief 
Counsel (Procedure and Administration), at 
[email protected].

SUPPLEMENTARY INFORMATION:

Background

    The correction notice that is the subject of this document is under 
section 67 of the Code.

Need for Correction

    As published, a cancellation of notice of public hearing on 
proposed rulemaking (REG-128224-06) contains an error that may prove to 
be misleading and is in need of clarification.

Correction of Publication

    Accordingly, the publication of cancellation of notice of public 
hearing on proposed rulemaking (REG-128224-06), which was the subject 
of FR Doc. 2011-31855, is corrected as follows:
    On page 77454, column 3, in the preamble, under the subject of the 
headings, the title ``New Markets Tax Credit Non-Real Estate 
Investments; Hearing Cancellation'' is corrected to read ``Section 67 
Limitations on Estates or Trusts; Hearing Cancellation''.

LaNita Van Dyke,
Chief, Publications and Regulations Branch, Legal Processing Division, 
Associate Chief Counsel, (Procedure and Administration).
[FR Doc. 2011-32280 Filed 12-15-11; 8:45 am]
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