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TREAS/IRS RIN: 1545-BK78 Publication ID: Fall 2016 
Title: Section 280(A) Deduction Limitation Regulations 

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
Action Date FR Cite
NPRM  12/00/2016 
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
Department of the Treasury
Internal Revenue Service
1111 Constitution Avenue NW.,
Washington, DC 20224
Phone:202 317-7007