Q-1   What information is required by the Internal Revenue Service when an alimony or separate maintenance payment is claimed as a deduction by a payor? A-1   The payor spouse must include on his/her first filed return of tax (Form 1040) for the taxable year in which the payment is made the payee's social security number, which the payee is required to furnish to the payor. For penalties applicable to a payor spouse who fails to

subsection (b)(2) shall not exceed $10,000. (d) Political expenditureFor purposes of this section— (1) In generalThe term "political expenditure" means any amount paid or incurred by a section 501(c)(3) organization in any participation in, or intervention in (including the publication or distribution of

in gross income if the obligation is held by a substantial user of the financed facilities or a related person (as described in section 103(b)(7) and §1.103-11). Section 103(b)(6) only becomes applicable where the bond issue meets both the trade or business and the security interest tests so that the obligations are industrial development bonds within the meaning of section 103(b)(2). For bonds

normally employed at least 100 employees on a typical business day during the previous calendar year. For purposes of the preceding sentence— (A) all employers treated as a single employer under subsection (a) or (b) of section 52 shall be treated as a single employer, (B) all employees of the members of an affiliated service group (as

(a) Undistributed net incomeFor purposes of this subpart, the term "undistributed net income" for any taxable year means the amount by which distributable net income of the trust for such taxable year exceeds the sum of— (1) the amounts for such taxable year specified in paragraphs (1) and (2) of section

For regulations concerning interest on underpayment, nonpayment, or extensions of time for payment of tax, see §301.6601-1 of this chapter (Regulations on Procedure and Administration).

For regulations concerning interest on underpayment, nonpayment, or extensions of time for payment of tax, see §301.6601-1 of this chapter (Regulations on Procedure and Administration).

section 2701(b)(4) of the Public Health Service Act) with respect to such coverage, (ii) the months during the calendar year for which coverage under the plan was available, (iii) the monthly premium for the lowest cost option in each of the enrollment categories under the plan, and (iv) the employer share of the total allowed costs of

section 2055(f) with respect to such land, or (B) $500,000. (2) Applicable percentageFor purposes of paragraph (1), the term "applicable percentage" means 40 percent reduced (but not below zero) by 2 percentage points for each percentage point (or fraction thereof) by which the value of the qualified conservation easement is less than 30 percent of the

The tax imposed by section 4071(a) applies with respect to tires and inner tubes (other than bicycle tires and inner tubes) that are original equipment for an imported article upon which no tax is imposed under section 4061 if the article is sold on or after December 11, 1971. In such a case, the importer of the article is treated as the manufacturer and vendor of the tires and inner tubes with which the article is equipped. However, the tax imposed by section 4071

(a) In generalNotwithstanding any other provision of law, any individual to whom section 877(b) or 877A applies for any taxable year shall provide a statement for such taxable year which includes the information described in subsection (b). (b) Information to be providedInformation

partnership-partners as defined in §301.6241-1(a)(7) that have a valid election under section 6221(b) in effect for any taxable year that ends with or within the taxable year of the partnership), and any other person whose tax liability is determined in whole or in part by taking into account directly or indirectly adjustments determined under subchapter C of chapter 63 (for example, indirect partners as

(a) [Reserved]. For further guidance, see §1.367(d)-1T(a). (b) Property subject to section 367(d). Section 367(d) and the rules of this section apply to the transfer of intangible property, as defined in