Attorney

1545-BR83 202510 The Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions 1545 Internal Revenue Service IRS 1500 Department of the Treasury TREAS Election to pay tax in installments on the gain from the sale of qualified farmland to a qualified farmer

These proposed regulations will implement new Internal Revenue Code section 1062, which was enacted by the One Big Beautiful Bill Act, Pub. L. No. 119-21, 139 Stat. 72 (July 4, 2025).

]]> Substantive, Nonsignificant First Time Published in The Unified Agenda Proposed Rule Stage No No Not subject to, not significant 26 CFR 1.1062-1 (New) 26 U.S.C. 1062 26 U.S.C. 7805 Pub. L. 119-21 No NPRM 08/00/2026 REG-117095-25 Drafting attorney: Chi-Yun Lee, (202) 317-4896 Reviewing attorney: Christina Glendening, (240) 613-4646 Treasury attorney: Theron West Jr., (202) 622-5975 CC: ITA Undetermined None No No No No Chi-Yun Lee Attorney 1545 Internal Revenue Service IRS 202 317-7006 855 576-2339 chi-yun.lee@irscounsel.treas.gov 1111 Constitution Avenue NW, Washington DC 20224