[Federal Register: April 12, 2006 (Volume 71, Number 70)] [Rules and Regulations] [Page 18623] From the Federal Register Online via GPO Access [wais.access.gpo.gov] [DOCID:fr12ap06-4] ======================================================================= ----------------------------------------------------------------------- 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: Removal of temporary regulations. ----------------------------------------------------------------------- SUMMARY: This document contains a correction to a temporary regulation (TD 9191) that was published in the Federal Register on Friday, March 18, 2005 (70 FR 13100), relating to the time and manner of making section 163(d)94)(B) election to treat qualified dividend income as investment income. 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 regulation (TD 9191) that is the subject of this correction is under section 163 of the Internal Revenue Code. Need for Correction As published, TD 9191, contains an error that 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 0 Accordingly, 26 CFR part 1 is corrected by making the following correcting amendment: PART 1--INCOME TAXES 0 Paragraph 1. The authority citation for part 1 continues to read as follows: Authority: 26 U.S.C. 7805 * * * Sec. 1.163(d)-1T [Removed] Section 1.163(d)-1T is removed. Guy R. Traynor, Chief, Publications & Regulations Branch, Legal Processing Division, Associate Chief Counsel, (Procedures & Administration). [FR Doc. 06-3473 Filed 4-11-06; 8:45 am] BILLING CODE 4830-01-P