Corporate Estimated Tax; Correction, 54350 [E7-18807]
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54350
Federal Register / Vol. 72, No. 185 / Tuesday, September 25, 2007 / Rules and Regulations
Final rule; correcting
amendment.
ACTION:
This document contains a
correction to the final rules that were
published in the Federal Register on
September 5, 2007 (72 FR 50871). The
final rules amended our regulations to
reflect two provisions of the Balanced
Budget Act of 1997 that affect the
payment of benefits under title XVI of
the Social Security Act (the Act). One of
the provisions extended temporary
institutionalization benefits to children
receiving SSI benefits who enter private
medical treatment facilities and who
otherwise would be ineligible for
temporary institutionalization benefits
because of private insurance coverage.
The other provision replaced obsolete
terminology in the Act that referred to
particular kinds of medical facilities and
substituted a broader, more descriptive
term.
DATES: Effective on October 5, 2007.
FOR FURTHER INFORMATION CONTACT: Lois
Berg, Social Insurance Specialist, Office
of the Commissioner, Social Security
Administration, 922 Altmeyer Building,
6401 Security Boulevard, Baltimore, MD
21235–6401, (410) 965–1713, for
information about this notice. For
information on eligibility or filing for
benefits, call our national toll-free
number, 1–800–772–1213 or TTY 1–
800–325–0778, or visit our Internet site,
Social Security Online, at https://
www.socialsecurity.gov.
SUPPLEMENTARY INFORMATION: The final
rule published on September 5, 2007
and effective October 5, 2007 included
changes in terminology in
§ 416.414(a)(1), (2) and (3). These
changes were inadvertently removed
from the final rule published on
September 5, 2007. This correction now
shows that the terminology should be
changed in those three subordinate
paragraphs.
SUMMARY:
Authority: Secs. 702(a)(5), 1611(a), (b), (c),
and (e), 1612, 1617, and 1631 of the Social
Security Act (42 U.S.C. 902(a)(5), 1382(a), (b),
(c), and (e), 1382a, 1382f, and 1383).
§ 416.414
[Amended]
2. In § 416.414(a)(1), (2) and (3),
remove the words ‘‘medical facility’’
and ‘‘medical care facility’’ wherever
they appear and add in their place the
words ‘‘medical treatment facility’’.
I
Dated: September 18, 2007.
Paul Kryglik,
Acting Social Security Regulations Officer.
[FR Doc. E7–18815 Filed 9–24–07; 8:45 am]
DEPARTMENT OF THE TREASURY
Internal Revenue Service
RIN 1545–AY22
Corporate Estimated Tax; Correction
Internal Revenue Service (IRS),
Treasury.
ACTION: Correcting amendment.
AGENCY:
yshivers on PROD1PC62 with RULES
*
*
(g) * * *
(2) * * *
*
*
Example. * * * For the first installment
period in 2008, ABC is permitted to
recognize a deduction under section 199 of
$3,000 ($50,000 × .06 = $3,000) subject to the
wage limitation of $5,000 (50 percent of
$10,000 of W–2 wages incurred during the
first installment period). * * *
*
*
*
*
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
SUMMARY: This document contains a
correction to final regulations (TD 9347)
that were published in the Federal
Register on Tuesday, August 7, 2007 (72
FR 44338) providing guidance to
corporations with respect to estimated
tax requirements.
DATES: The correction is effective
September 25, 2007.
FOR FURTHER INFORMATION CONTACT:
Timothy Sheppard at (202) 622–4910
(not a toll-free number).
SUPPLEMENTARY INFORMATION:
Internal Revenue Service
Background
SUMMARY: This document contains
corrections to final regulations (TD
9340) that were published in the
Federal Register on Thursday, July 26,
2007 (72 FR 41128) providing updated
guidance on section 403(b) contracts of
public schools and tax-exempt
organizations described in section
501(c)(3). These regulations will affect
sponsors of section 403(b) contracts,
administrators, participants, and
beneficiaries.
DATES: The correction is effective
September 25, 2007.
FOR FURTHER INFORMATION CONTACT:
Concerning the regulations, John
Tolleris at (202) 622–6060; concerning
the regulations as applied to churchrelated entities, Robert Architect at (202)
283–9634 (not toll-free numbers).
As published, final regulations (TD
9347) contain an error that may prove to
be misleading and is in need of
clarification.
List of Subjects in 26 CFR Part 1
Correction of Publication
Accordingly, 26 CFR part 1 is
corrected by making the following
amendments:
I
Jkt 211001
*
Annualized income installment
LaNita Van Dyke,
Chief, Publications and Regulations Branch,
Legal Processing Division, Associate Chief
Counsel (Procedure and Administration).
[FR Doc. E7–18807 Filed 9–24–07; 8:45 am]
Income taxes, Reporting and
recordkeeping requirements.
15:17 Sep 24, 2007
§ 1.6655–2
method.
[TD 9347]
PART 416—SUPPLEMENTAL
SECURITY INCOME FOR THE AGED,
BLIND, AND DISABLED
VerDate Aug<31>2005
I Par. 2. Section 1.6655–2 is amended
by revising the fifth sentence of
paragraph (g)(2) Example. to read as
follows:
*
Need for Correction
1. The authority citation for subpart D
of part 416 continues to read as follows:
Authority: 26 U.S.C. 7805 * * *
26 CFR Part 1
The final regulations that are the
subject of this correction are under
sections 6425 and 6655 of the Internal
Revenue Code.
I
Paragraph 1. The authority citation
for part 1 continues to read, in part, as
follows:
BILLING CODE 4191–02–P
List of Subjects in 20 CFR Part 416
Administrative practice and
procedure, Aged, Blind, Disability
benefits, Public assistance programs,
Reporting and recordkeeping
requirements, Supplemental Security
Income (SSI).
I Accordingly, 20 CFR part 416 is
corrected by making the following
correcting amendment:
Subpart D—[Amended]
PART 1—INCOME TAXES
I
PO 00000
Frm 00010
Fmt 4700
Sfmt 4700
26 CFR Part 1
[TD 9340]
RIN 1545–BB64
Revised Regulations Concerning
Section 403(b) Tax-Sheltered Annuity
Contracts; Correction
Internal Revenue Service (IRS),
Treasury.
ACTION: Correction to final regulations.
AGENCY:
E:\FR\FM\25SER1.SGM
25SER1
]]>Agencies
[Federal Register Volume 72, Number 185 (Tuesday, September 25, 2007)]
[Rules and Regulations]
[Page 54350]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-18807]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[TD 9347]
RIN 1545-AY22
Corporate Estimated Tax; Correction
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Correcting amendment.
-----------------------------------------------------------------------
SUMMARY: This document contains a correction to final regulations (TD
9347) that were published in the Federal Register on Tuesday, August 7,
2007 (72 FR 44338) providing guidance to corporations with respect to
estimated tax requirements.
DATES: The correction is effective September 25, 2007.
FOR FURTHER INFORMATION CONTACT: Timothy Sheppard at (202) 622-4910
(not a toll-free number).
SUPPLEMENTARY INFORMATION:
Background
The final regulations that are the subject of this correction are
under sections 6425 and 6655 of the Internal Revenue Code.
Need for Correction
As published, final regulations (TD 9347) contain 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
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. Section 1.6655-2 is amended by revising the fifth sentence of
paragraph (g)(2) Example. to read as follows:
Sec. 1.6655-2 Annualized income installment method.
* * * * *
(g) * * *
(2) * * *
Example. * * * For the first installment period in 2008, ABC is
permitted to recognize a deduction under section 199 of $3,000
($50,000 x .06 = $3,000) subject to the wage limitation of $5,000
(50 percent of $10,000 of W-2 wages incurred during the first
installment period). * * *
* * * * *
LaNita Van Dyke,
Chief, Publications and Regulations Branch, Legal Processing Division,
Associate Chief Counsel (Procedure and Administration).
[FR Doc. E7-18807 Filed 9-24-07; 8:45 am]
BILLING CODE 4830-01-P
