[Federal Register Volume 88, Number 46 (Thursday, March 9, 2023)]
[Rules and Regulations]
[Page 14490]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-04828]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 31

[TD 9953]
RIN 1545-BQ09


Recapture of Excess Employment Tax Credits Under the American 
Relief Plan Act of 2021; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Temporary regulations; correcting amendments.

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SUMMARY: This document contains corrections to a temporary regulation 
(TD 9953) that was published in the Federal Register on September 10, 
2021. These temporary regulations authorize the assessment of any 
erroneous refund of the tax credits paid under sections 3131, 3132 
(including any increases in those credits under section 3133), and 3134 
of the Code.

DATES: These corrections are effective on March 9, 2023 and applicable 
on September 10, 2021.

FOR FURTHER INFORMATION CONTACT: Concerning the regulations, NaLee 
Park, at (202) 317-6798 (not a toll-free number).

SUPPLEMENTARY INFORMATION: 

Background

    The temporary regulations (TD 9953) that are the subject of these 
corrections are under sections 3131, 3132, and 3134 of the Internal 
Revenue Code.

List of Subjects in 26 CFR Part 31

    Employment taxes, Income taxes, Penalties, Pensions, Railroad 
retirement, Reporting and recordkeeping requirements, Social security, 
Unemployment compensation.

Correction of Publication

    Accordingly, 26 CFR part 31 is corrected by making the following 
correcting amendments:

PART 31--EMPLOYMENT TAXES AND COLLECTION OF INCOME TAX AT SOURCE

0
1. The authority citation for part 31 continues to read in part as 
follows:

    Authority:  26 U.S.C. 7805.


Sec.  Sec.  31.3131-1T(c), 31.3132-1T(c), 31.3134-1T(c)  [Amended]

0
2. Sections 31.3131-1T(c), 31.3132-1T(c), and 31.3134-1T(c) are amended 
by removing the language ``3121(a)'' and adding the language 
``3221(a)'' in its place.

Oluwafunmilayo A. Taylor,
Branch Chief, Legal Processing Division, Associate Chief Counsel, 
(Procedure and Administration).
[FR Doc. 2023-04828 Filed 3-8-23; 8:45 am]
BILLING CODE 4830-01-P