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Partnership Transactions Involving Long-Term Contracts; Correction

---
identifier: "/us/fr/04-20166"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Partnership Transactions Involving Long-Term Contracts; Correction"
title_number: 0
title_name: "Federal Register"
section_number: "04-20166"
section_name: "Partnership Transactions Involving Long-Term Contracts; Correction"
positive_law: false
currency: "2004-09-03"
last_updated: "2004-09-03"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Treasury Department"
document_number: "04-20166"
document_type: "rule"
publication_date: "2004-09-03"
agencies:
  - "Treasury Department"
  - "Internal Revenue Service"
cfr_references:
  - "26 CFR Part 1"
rin: "1545-BA81"
fr_citation: "69 FR 53804"
fr_volume: 69
docket_ids:
  - "TD 9137"
effective_date: "2004-07-16"
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 9137) that were published in the *Federal Register* on Friday, July 16, 2004 (69 FR 42551) relating to partnership transactions involving contracts accounted for under a long-term contract method of accounting.

**DATES:**

This correction is effective July 16, 2004.

**FOR FURTHER INFORMATION CONTACT:**

Richard Probst at (202) 622-3060 (not a toll-free number).

**SUPPLEMENTARY INFORMATION:**

**Background**

The final regulations that are the subject of these corrections are under section 460 of the Internal Revenue Code.

**Need for Correction**

As published, TD 9137 contains errors that may prove to be misleading and are in need of clarification.

**Correction of Publication**

**26 CFR Part 1**

Accordingly, the publication of the final regulations (TD 9137), which was the subject of FR Doc. 04-15833, is corrected as follows:

§ 1.1362-3

1. On page 42559, column 2, § 1.1362-3, Par. 14., second line, the language, “by adding a sentence is at the end of” is corrected to read “by adding a sentence at the end of”.

Cynthia E. Grigsby,

Acting Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedures and Administration).