separately or combined with health and accident insurance), or noncancellable contracts of health and accident insurance, and its life insurance reserves (as defined in section 801(b) and §1.801-4), plus unearned premiums, and unpaid losses (whether or not ascertained), on noncancellable life, health, or accident policies not included in life insurance reserves, comprise more than 50 percent of its total

standard of conduct that a reasonable preparer would observe in the situation. (2) A tax return preparer is not considered to have recklessly or intentionally disregarded a rule or regulation if the position contrary to the rule or regulation has a reasonable basis as defined in §1.6694-2(d)(2) and is adequately disclosed in accordance with

limitations in §20.2053-1. (2) See §§20.2053-9 and 20.2053-10 with respect to the deduction allowed for certain state and foreign death taxes. (b) Property taxes. Property taxes are not deductible

Property of a nonresident who was not a citizen of the United States at the time of his death is considered to be situated outside the United States if it is— (a) (1) Real property located outside the United States, except to the extent excludable from the entire gross estate wherever situated under

information required to be furnished under paragraph (a) of this section, but the employer may truncate the payee's social security number to appear in the form of a TTIN on copies of Forms W-2 that are furnished to the payee (for provisions relating to the use of TTINs, see §301.6109-4 of this chapter (Procedure and Administration Regulations)). (2) The name, the

"(a) Old-Age, Survivors, and Disability, and Hospital Insurance Programs.—For purposes of title II of the Social Security Act [42 U.S.C. 401 et seq.] and chapter 21 of the Internal Revenue Code of 1986 [26 U.S.C. 3101 et seq.], the term 'wages' shall not

(a) Scope. This section provides guidance regarding international aspects of section 338. As provided in §1.338-2(c)(18), a foreign corporation, a DISC, or a corporation for which a section 936 election has been made is considered a target affiliate for all purposes of section 338. In addition, stock described in section 338(h)(6

(a) In general. For purposes of applying section 401(a)(26) with respect to either employees, former employees, or both employees and former employees, as applicable, all employees other than excludable employees described in paragraph (b) of this section, all former employees other than excludable former employees described in paragraph (c) of this section, or both, as the case may be, must be taken into account. Except as

(a) In general. This section sets forth the procedures to be followed in claiming the credit or refund authorized by section 6412 for manufacturers excise taxes paid in respect of certain articles held by dealers as floor stocks on October 1, 1988. See §48.6412-2 for definitions of the following terms when used in this section

transfer between IRAs of the same trustee. (d) A transaction that is treated as a failed conversion under §1.408A-5 A-9(a)(1) is not a conversion. Q-2. What are the modified AGI limitation and joint filing requirements for conversions? A-2. (a) An individual with modified AGI in excess of $100,000 for a

concerning an examination of that person under section 6700 (relating to the penalty for promoting abusive tax shelters) for an activity with respect to which the taxpayer claimed any tax benefit on the return directly or indirectly through the entity, plan or arrangement described in section 6700(a)(1)(A); (C) In the case of a pass-through item (as defined in §1.6662-4

§20.2010-3 as the portability election. (1) Timely filing required. An estate that elects portability will be considered, for purposes of subtitle B and subtitle F of the Internal Revenue Code (Code), to be required to file a return under section 6018(a). Accordingly, the due date of an estate tax return required to elect portability is nine

(a) Scope—(1) In general. This section and §§25.2515-2 through 25.2515-4 do not apply to the creation of a tenancy by the entirety after December 31, 1981, and do not reflect changes made to the Internal Revenue Code by sections 702(k)(1)(A) of the Revenue Act of 1978, or section 2002(c)(2

(a) In general. The amount of the deduction under section 163 for interest paid or accrued during any taxable year on a certified indebtedness amount with respect to a mortgage credit certificate which has been issued under section 25 shall be reduced by the amount of the credit allowable with respect to such interest under section 25 (determined without regard to section 26). (b)

(a) In general. The returns, statements, and other documents required to be filed under this subchapter shall reflect such identifying numbers as are required by each return, statement, or document and its related instructions. See §301.6109-1 of this chapter (Regulations on Procedure and Administration).

(a) In general. A partner who is not properly identified on the partnership return (including an indirect partner) remains an unidentified partner for purposes of section 6229(e) until identifying information is furnished as provided in §301.6223(c)-1. (b)

which is exempt from taxation under 26 U.S.C. 112 will have contributions deducted from such pay and made to his or her traditional or Roth balance in accordance with an election made under paragraph (a) or (b) of this section. [77 FR 26422, May 4, 2012]

The provisions of 26 U.S.C. 6402(d) and 31 U.S.C. 3720A authorize the Secretary of the Treasury to offset a delinquent debt owed the Federal Government from the tax refund due a taxpayer when other collection efforts have failed to recover the amount due. In addition, FHFA is authorized to collect

record of the hearing, written briefs, oral arguments or any other reasonable aids to making an equitable decision. (c) The final Agency order may be reviewed in federal court as provided by 26 U.S.C. 2603(c).

(a) A copy of each proposed form with typical entries; and (b) A statement explaining the need to use a modified form. (26 U.S.C. 5207)

individual record of tax determination. The proprietor may not remove spirits from the bonded premises until the tax has been paid. (26 U.S.C. 5061)

greater than the tax due on the excise tax return, the proprietor will apply the balance of the tax credit to one or more following tax returns until the tax credit is exhausted. (26 U.S.C. 5008, 5062)

record to each copy of the bottling and packaging record covering the product. The packages must be marked as provided in subpart S of this part. (26 U.S.C. 5201)

§19.619 and must attach it to the transfer record, unless the wine spirits are already in packages and are being withdrawn on the production or filling gauge. (26 U.S.C. 5214, 5373)

and revocation of certificates of label approval and certificates of exemption from label approval, as well as appeal procedures, see part 13 of this chapter. (26 U.S.C. 5201)

accumulated on cards, tapes, discs, or other accepted record media must be retrievable within five business days. Applicable data processing programs must be made available for examination if requested by any authorized TTB officer. (26 U.S.C. 5207)

; or (b) The serial numbers of the records of tax determination, the total tax for each record of tax determination, and the total tax. (26 U.S.C. 5207)

terminated under its own terms or in accordance with §19.684. (26 U.S.C. 5181)

proprietor may make entries in the required records not later than the close of business on the third business day following the day on which the transaction or operation occurred. (26 U.S.C. 5207)

denatured alcohol, specially denatured alcohol, specially denatured rum, or articles in violation of laws or regulations shall be required to pay the distilled spirits tax on those substances. (Sec. 201, Pub. L. 85-859, 72 Stat. 1314, as amended (26 U.S.C. 5001))