Employer's Annual Federal Tax Return and Modifications to the Deposit Rules; Correction, 3421 [E9-1097]
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Federal Register / Vol. 74, No. 12 / Wednesday, January 21, 2009 / Rules and Regulations
Correction of Publication
Accordingly, the publication of the
final and temporary regulations (TD
9435), which was the subject of FR Doc.
E8–29544, is corrected as follows:
■ 1. On page 75947, column 1, in the
preamble, under the paragraph heading
‘‘Background’’, second paragraph of the
column, third line from the bottom of
the paragraph, the language ‘‘respective
corporation is not the’’ is corrected to
read ‘‘corporation is not the’’.
■ 2. On page 75949, column 1, in the
preamble, under the paragraph heading
‘‘B. Issuances of Controlled Stock
Outside the Dunn Trust or Predecessor
Context’’, first paragraph, ninth line, the
language ‘‘442, (1978–2 CB 143)
(distributing’’ is corrected to read ‘‘442
(1978–2 CB 143) (distributing’’.
■ 3. On page 75949, column 2, in the
preamble, under the paragraph heading
‘‘C. Redemptions of Controlled Stock’’,
second paragraph of the column, twelfth
line, the language ‘‘distributing, and
generally no additional’’ is corrected to
read ‘‘distributing and generally no
additional’’.
■ 4. On page 75949, column 3, in the
preamble, under the paragraph heading
‘‘Effective/Applicability Date’’, seventh
line, the language ‘‘occurring after
December 15, 2008 that’’ is corrected to
read ‘‘occurring after December 15,
2008, that’’.
■
LaNita Van Dyke,
Chief, Publications and Regulations Branch,
Legal Processing Division, Associate Chief
Counsel (Procedure and Administration).
[FR Doc. E9–1109 Filed 1–16–09; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 31
[TD 9440]
RIN 1545–BI39
AGENCY: Internal Revenue Service (IRS),
Treasury.
ACTION: Correcting amendment.
This document contains
corrections to final and temporary
SUMMARY:
jlentini on PROD1PC65 with RULES
DATES: Effective Date: This correction is
effective January 21, 2009, and is
applicable on December 29, 2008.
FOR FURTHER INFORMATION CONTACT:
Audra Dineen, (202) 622–4910 (not a
toll-free number).
SUPPLEMENTARY INFORMATION:
Background
This document contains corrections to
final and temporary regulations (TD
9440) that were published in the
Federal Register on Monday, December
29, 2008 (73 FR 79354) relating to the
annual filing of Federal employment tax
returns and requirements for
employment tax deposits. The final and
temporary regulations that are the
subject of this document are under
sections 6011 and 6302 of the Internal
Revenue Code. These temporary
regulations generally allow certain
employers to file a Form 944,
‘‘Employer’s ANNUAL Federal Tax
Return’’, rather than Form 941,
‘‘Employer’s QUARTERLY Federal Tax
Return’’. In addition to rules related to
Form 944, the temporary regulations
provide an additional method for
employers who file Form 941 to
determine whether the amount of
accumulated employment taxes is
considered de minimis. The portions of
this document that are final regulations
provide necessary cross-references to
the temporary regulations.
Need for Correction
Employer’s Annual Federal Tax Return
and Modifications to the Deposit
Rules; Correction
VerDate Nov<24>2008
regulations (TD 9440) that were
published in the Federal Register on
Monday, December 29, 2008, relating to
the annual filing of Federal employment
tax returns and requirements for
employment tax deposits. These
temporary regulations relate to sections
6011 and 6302 of the Internal Revenue
Code concerning reporting and paying
income taxes withheld from wages and
reporting and paying taxes under the
Federal Insurance Contributions Act
(FICA) (collectively, ‘‘employment
taxes’’).
17:32 Jan 16, 2009
Jkt 217001
As published, final and temporary
regulations (TD 9440) contain errors that
may prove to be misleading and are in
need of clarification.
List of Subjects in 26 CFR Part 31
Employment taxes, Income taxes,
Penalties, Pensions, Railroad retirement,
Reporting and recordkeeping
PO 00000
Frm 00027
Fmt 4700
Sfmt 4700
3421
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
Paragraph 1. The authority citation
for part 31 continues to read, in part, as
follows:
■
Authority: 26 U.S.C. 7805 * * *
Par. 2. Section 31.6302–0T is
amended by revising the entry for
§ 31.6302–1T(d)
Example 6. to read as follows:
■
§ 31.6302–0T
(temporary).
*
*
*
Table of contents
*
*
§ 31.6302–1T Federal tax deposit rules for
withheld income taxes and taxes under the
Federal Insurance Contributions Act (FICA)
attributable to payments made after
December 31, 1992 (temporary).
*
*
*
(d) * * *
*
*
Example 6. Extension of time to deposit for
employers who filed Form 944 for the
preceding year satisfied.
*
*
*
*
*
■ Par. 3. Section 31.6302–1T is
amended by revising the last sentence of
paragraph (d)
Example 6. to read as follows:
§ 31.6302–1T Federal tax deposit rules for
withheld income taxes and taxes under the
Federal Insurance Contributions Act (FICA)
attributable to payments made after
December 31, 1992 (temporary).
*
*
*
(d) * * *
*
*
Example 6. * * * Pursuant to § 31.6302–
1T(c)(6), F will be deemed to have timely
deposited the employment taxes due for
January 2007, and, thus, the IRS will not
impose a failure-to-deposit penalty under
section 6656 for that month.
*
*
*
*
*
LaNita Van Dyke,
Chief, Publications and Regulations Branch
Legal Processing Division, Associate Chief
Counsel, (Procedure and Administration).
[FR Doc. E9–1097 Filed 1–16–09; 8:45 am]
BILLING CODE 4830–01–P
E:\FR\FM\21JAR1.SGM
21JAR1
]]>Agencies
[Federal Register Volume 74, Number 12 (Wednesday, January 21, 2009)]
[Rules and Regulations]
[Page 3421]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-1097]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 31
[TD 9440]
RIN 1545-BI39
Employer's Annual Federal Tax Return and Modifications to the
Deposit Rules; Correction
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Correcting amendment.
-----------------------------------------------------------------------
SUMMARY: This document contains corrections to final and temporary
regulations (TD 9440) that were published in the Federal Register on
Monday, December 29, 2008, relating to the annual filing of Federal
employment tax returns and requirements for employment tax deposits.
These temporary regulations relate to sections 6011 and 6302 of the
Internal Revenue Code concerning reporting and paying income taxes
withheld from wages and reporting and paying taxes under the Federal
Insurance Contributions Act (FICA) (collectively, ``employment
taxes'').
DATES: Effective Date: This correction is effective January 21, 2009,
and is applicable on December 29, 2008.
FOR FURTHER INFORMATION CONTACT: Audra Dineen, (202) 622-4910 (not a
toll-free number).
SUPPLEMENTARY INFORMATION:
Background
This document contains corrections to final and temporary
regulations (TD 9440) that were published in the Federal Register on
Monday, December 29, 2008 (73 FR 79354) relating to the annual filing
of Federal employment tax returns and requirements for employment tax
deposits. The final and temporary regulations that are the subject of
this document are under sections 6011 and 6302 of the Internal Revenue
Code. These temporary regulations generally allow certain employers to
file a Form 944, ``Employer's ANNUAL Federal Tax Return'', rather than
Form 941, ``Employer's QUARTERLY Federal Tax Return''. In addition to
rules related to Form 944, the temporary regulations provide an
additional method for employers who file Form 941 to determine whether
the amount of accumulated employment taxes is considered de minimis.
The portions of this document that are final regulations provide
necessary cross-references to the temporary regulations.
Need for Correction
As published, final and temporary regulations (TD 9440) contain
errors that may prove to be misleading and are in need of
clarification.
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
0
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
Paragraph 1. The authority citation for part 31 continues to read, in
part, as follows:
Authority: 26 U.S.C. 7805 * * *
0
Par. 2. Section 31.6302-0T is amended by revising the entry for Sec.
31.6302-1T(d)
Example 6. to read as follows:
Sec. 31.6302-0T Table of contents (temporary).
* * * * *
Sec. 31.6302-1T Federal tax deposit rules for withheld income taxes
and taxes under the Federal Insurance Contributions Act (FICA)
attributable to payments made after December 31, 1992 (temporary).
* * * * *
(d) * * *
Example 6. Extension of time to deposit for employers who filed
Form 944 for the preceding year satisfied.
* * * * *
0
Par. 3. Section 31.6302-1T is amended by revising the last sentence of
paragraph (d)
Example 6. to read as follows:
Sec. 31.6302-1T Federal tax deposit rules for withheld income taxes
and taxes under the Federal Insurance Contributions Act (FICA)
attributable to payments made after December 31, 1992 (temporary).
* * * * *
(d) * * *
Example 6. * * * Pursuant to Sec. 31.6302-1T(c)(6), F will be
deemed to have timely deposited the employment taxes due for January
2007, and, thus, the IRS will not impose a failure-to-deposit
penalty under section 6656 for that month.
* * * * *
LaNita Van Dyke,
Chief, Publications and Regulations Branch Legal Processing Division,
Associate Chief Counsel, (Procedure and Administration).
[FR Doc. E9-1097 Filed 1-16-09; 8:45 am]
BILLING CODE 4830-01-P
