Disallowance of Deductions and Credits for Failure To File Timely Return; Correction

---
identifier: "/us/fr/02-6476"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Disallowance of Deductions and Credits for Failure To File Timely Return; Correction"
title_number: 0
title_name: "Federal Register"
section_number: "02-6476"
section_name: "Disallowance of Deductions and Credits for Failure To File Timely Return; Correction"
positive_law: false
currency: "2002-03-19"
last_updated: "2002-03-19"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Treasury Department"
document_number: "02-6476"
document_type: "rule"
publication_date: "2002-03-19"
agencies:
  - "Treasury Department"
  - "Internal Revenue Service"
cfr_references:
  - "26 CFR Part 1"
rin: "1545-BA40"
fr_citation: "67 FR 12471"
fr_volume: 67
docket_ids:
  - "TD 8981"
effective_date: "2002-01-29"
fr_action: "Correction to temporary regulations."
---


#  [Corrected]

**AGENCY:**

Internal Revenue Service (IRS), Treasury.

**ACTION:**

Correction to temporary regulations.

**SUMMARY:**

This document contains a correction to temporary regulations that were published in the *Federal Register* on Thursday, January 29, 2002 (67 FR 4173) relating to the disallowance of deductions and credits for nonresident alien individuals and foreign corporations that fail to file a timely U.S. income tax return.

**DATES:**

This correction is effective January 29, 2002.

**FOR FURTHER INFORMATION CONTACT:**

Nina E. Chowdhry, (202) 622-3880 (not a toll-free number).

**SUPPLEMENTARY INFORMATION:**

**Background**

The final and temporary regulations that are the subject of this correction is under sections 874 and 882 of the Internal Revenue Code.

**Need for Correction**

As published, the TD 8981 contains an error that may prove to be misleading and is in need of clarification.

**Correction of Publication**

Accordingly, the publication of TD 8981, that was the subject of FR Doc. 02-2044, is corrected as follows:

§ 1.874-1T

On page 4175, column 1, § 1.874-1T(b)(3), *Example 1.,* line 28, the language “paragraph § 1.874-1(a) from claiming any” is corrected to read “§ 1.874-1(a) from claiming any”.

Cynthia E. Grigsby,

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