View Rule
View EO 12866 Meetings | Printer-Friendly Version Download RIN Data in XML |
TREAS/IRS | RIN: 1545-BK78 | Publication ID: Fall 2016 |
Title: Section 280(A) Deduction Limitation Regulations | |
Abstract:
Rules for the limitation under section 280(A)(c)(5) are updated on deductions incurred by reason of the business or rental use of a taxpayer's dwelling unit. Specifically, the regulation will outline the ordering rules for taking into account categories of current and carryover deductions under section 280(A)(c)(5). Additionally, the regulations will outline treatment of gains and losses from the sale of assets that are derived from the business or rental use of the taxpayer's dwelling unit. |
|
Agency: Department of the Treasury(TREAS) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: No | Unfunded Mandates: Undetermined |
CFR Citation: Not Yet Determined (To search for a specific CFR, visit the Code of Federal Regulations.) | |
Legal Authority: 26 U.S.C. 280(A) 26 U.S.C. 7805 |
Legal Deadline:
None |
||||||
Timetable:
|
Additional Information: REG-126430-11 (NPRM) Drafting attorney: Megan Kirmil (202) 317-7007 Reviewing attorney: W. Thomas McElroy, Jr. (202) 317-7007 Treasury attorney: Christopher Call (202) 622-6865 CC:ITA | |
Regulatory Flexibility Analysis Required: Undetermined | Government Levels Affected: Undetermined |
Small Entities Affected: Businesses | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Megan McLaughlin Attorney Department of the Treasury Internal Revenue Service 1111 Constitution Avenue NW., Washington, DC 20224 Phone:202 317-7007 Fax:855 576-2340 Email: meghan.m.mclaughlin@irscounsel.treasury.gov |