Data / Federal rules / 2024-12374
Guidance Under Section 1061; Correction
The Internal Revenue Service published this final rule in the Federal Register on June 14, 2024. It took effect on June 14, 2024.
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What the agency says
This document contains corrections to Treasury Decision 9945 published in the Federal Register on Tuesday, January 19, 2021. Treasury Decision 9945 issued final regulations that recharacterize certain net long-term capital gains of a partner that holds one or more applicable partnership interests as short-term capital gains.
Key facts
- Document number
- 2024-12374
- Type
- Final rule
- Action
- Final rule; correction and correcting amendments
- Agency
- Treasury Department; Internal Revenue Service
- Published
- June 14, 2024
- Takes effect
- June 14, 2024
- Dates
- These corrections are effective on June 14, 2024 and for dates of applicability, see Sec. Sec. 1.702-1(g), 1.704-3(f), 1.1061-1(b), 1.1061-2(c), 1.1061-3(f), 1.1061-4(d), 1.1061-5(g), 1.1061-6(e), and 1.1223-3(g).
- Docket
- TD 9945
- Regulation ID (RIN)
- 1545-BO81
- Code of Federal Regulations
- 26 CFR 1
- Topics
- Income taxes; Reporting and recordkeeping requirements
- Significant
- Yes, under Executive Order 12866
- Pages
- 3
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Everything from the Internal Revenue Service · Rules on income taxes · Rules on reporting and recordkeeping requirements · Published in June 2024
Read from the Federal Register API, last updated 2026-10-23. The document on federalregister.gov is the official record; dates and dockets can change through later corrections. Free to reuse with credit to SpecStream under CC BY 4.0.