89 FR 57 pgs. 20317-20318 - De Minimis Error Safe Harbor Exceptions to Penalties for Failure To File Correct Information Returns or Furnish Correct Payee Statements; Correction
Type: RULEVolume: 89Number: 57Pages: 20317 - 20318
Pages: 20317, 20318Docket number: [TD 9984]
FR document: [FR Doc. 2024–05639 Filed 3–21–24; 8:45 am]
Agency: Treasury Department
Sub Agency: Internal Revenue Service
Official PDF Version: PDF Version
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 301
[TD 9984]
RIN 1545-BN59
De Minimis Error Safe Harbor Exceptions to Penalties for Failure To File Correct Information Returns or Furnish Correct Payee Statements; Correction
AGENCY:
Internal Revenue Service (IRS), Treasury.
ACTION:
Final rule; correction.
SUMMARY:
This document contains a correction to the final regulations (Treasury Decision 9984) published in the Federal Register on Tuesday, December 19, 2023. Treasury Decision 9984 contains final regulations implementing statutory safe harbor rules that protect persons required to file information returns or to furnish payee statements from penalties under the Internal Revenue Code for failure to file correct information returns or furnish correct payee statements.
DATES:
This correction is effective on March 22, 2024 and applicable beginning December 19, 2023.
FOR FURTHER INFORMATION CONTACT:
Alexander Wu at (202) 317-6845 (not a toll-free number).
SUPPLEMENTARY INFORMATION:
Background
[top] The final regulations (TD 9984) subject to this correction are issued under section 6045(g), 6721, 6722, and 6724 of the Internal Revenue Code.
On January 30, 2024, the Office of the Federal Register published a rule to correct an error that appeared in the most recent annual revision of the Code of Federal Regulations (89 FR 5768). The CFR correction amended §?301.6721-1 of Title 26 of the Code of Federal Regulations, Parts 300 to 499, revised as of April 1, 2023, by reinstating paragraph (b)(6), which was mistakenly omitted.
Correction to Publication
Accordingly, in FR Doc. 2023-27283 (TD 9984) beginning on page 87696 in the Federal Register of Tuesday, December 19, 2023, the following correction is made:
§?301.6721-1 [Corrected]
1. On page 87701, in the first column, amendatory instruction Par. 5, sub-instruction 4, "Adding paragraph (b)(6);" is corrected to read "Revising paragraph (b)(6);".
Oluwafunmilayo A. Taylor,
Section Chief, Publications and Regulations Section, Associate Chief Counsel, (Procedure and Administration).
[FR Doc. 2024-05639 Filed 3-21-24; 8:45 am]
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