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Allocation of Loss With Respect to Stock and Other Personal Property; Correction

---
identifier: "/us/fr/02-2046"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Allocation of Loss With Respect to Stock and Other Personal Property; Correction"
title_number: 0
title_name: "Federal Register"
section_number: "02-2046"
section_name: "Allocation of Loss With Respect to Stock and Other Personal Property; Correction"
positive_law: false
currency: "2002-01-28"
last_updated: "2002-01-28"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Treasury Department"
document_number: "02-2046"
document_type: "rule"
publication_date: "2002-01-28"
agencies:
  - "Treasury Department"
  - "Internal Revenue Service"
cfr_references:
  - "26 CFR Part 1"
rin: "1545-AW09"
fr_citation: "67 FR 3811"
fr_volume: 67
docket_ids:
  - "TD 8973"
effective_date: "2002-01-08"
fr_action: "Correction to final regulations."
---

#  [Corrected]

**AGENCY:**

Internal Revenue Service (IRS), Treasury.

**ACTION:**

Correction to final regulations.

**SUMMARY:**

This document contains corrections to final regulations (TD 8973) which were published in the *Federal Register* on Friday, December 28, 2001 (66 FR 67081). The final regulations relate to the allocation of loss recognized on the disposition of stock and other personal property under sections 861 and 865.

**DATES:**

This correction is effective January 8, 2002.

**FOR FURTHER INFORMATION CONTACT:**

David A. Juster (202) 622-3850 (not a toll-free number).

**SUPPLEMENTARY INFORMATION:**

**Background**

The final regulations that are subject to these corrections are under sections 861 and 865 of the Internal Revenue Code.

**Need for Correction**

As published, final regulations (TD8973) contains errors that may prove to be misleading and are in need of clarification.

**Correction of Publication**

Accordingly, the publication of final regulations (TD 8973), which was the subject of FR Doc. 01-31819, is corrected as follows:

**26 CFR Part 1**

§ 1.861-8T

1. On page 67083, column 3, § 1.861-8T, line 3 of the paragraph heading, the language “for other sources and activities (temporary).” is corrected to read “from other sources and activities (temporary).”

**26 CFR Part 1**

§ 1.865-2

2. On page 67086, column 2, § 1.865-2(a)(4)(iv), *Example 3* . (i), line 10, the language “country X for $1,000. On January 2, 2002, R” is corrected to read “Country X for $1,000. On January 2, 2002, R”.

LaNita VanDyke,

Acting Chief, Regulations Unit, Associate Chief Counsel, (Income Tax & Accounting).