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Income Taxes; Limitation on Deduction for Nonbusiness Interest: Personal Interest; Correction

---
identifier: "/us/fr/03-6596"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Income Taxes; Limitation on Deduction for Nonbusiness Interest: Personal Interest; Correction"
title_number: 0
title_name: "Federal Register"
section_number: "03-6596"
section_name: "Income Taxes; Limitation on Deduction for Nonbusiness Interest: Personal Interest; Correction"
positive_law: false
currency: "2003-03-19"
last_updated: "2003-03-19"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Treasury Department"
document_number: "03-6596"
document_type: "rule"
publication_date: "2003-03-19"
agencies:
  - "Treasury Department"
  - "Internal Revenue Service"
cfr_references:
  - "26 CFR Part 1"
fr_citation: "68 FR 13226"
fr_volume: 68
docket_ids:
  - "TD 8168"
effective_date: "1987-12-22"
fr_action: "Correcting amendment."
---

#  [Corrected]

**AGENCY:**

Internal Revenue Service (IRS), Treasury.

**ACTION:**

Correcting amendment.

**SUMMARY:**

This document contains a correction to Treasury Decision 8168, which was published in the *Federal Register* on Tuesday, December 22, 1987 (52 FR 48407) relating to the treatment of personal interest and the treatment and determination of qualified residence interest.

**DATES:**

This correction is effective on December 22, 1987.

**FOR FURTHER INFORMATION CONTACT:**

Patricia Zweibel at (202) 622-5020 (not a toll-free number).

**SUPPLEMENTARY INFORMATION:**

**Background**

The final regulations that are the subject of this correction are under section 163(h) of the Internal Revenue Code.

**Need for Correction**

As published, TD 8168 contains an error which may prove to be misleading and is in need of clarification.

**List of Subjects in 26 CFR Part 1**

Income taxes, Reporting and recordkeeping requirements.

**Correction of Publication**

**26 CFR Part 1**

Accordingly, 26 CFR part 1 is corrected by making the following correcting amendment:

**PART 1—INCOME TAXES**

1. The authority citation for part 1 continues to read in part as follows:

**Authority:**

26 U.S.C. 7805 * * *

**26 CFR Part 1**

§ 1.163-9T

2. Section 1.163-9T(b)(2)(i)(A) is amended by removing the reference to “§ 1.168-8T” and adding the reference “§ 1.163-8T” in its place.

Cynthia Grigsby,

Chief, Regulations Unit, Associate Chief Counsel (Procedure and Administration).