# [Corrected]
**AGENCY:**
Internal Revenue Service (IRS), Treasury.
**ACTION:**
Correcting amendment.
**SUMMARY:**
This document contains corrections to final regulations (TD 9750) that were published in the *Federal Register* on Thursday, February 18, 2016 (81 FR 8149). The final regulations relate to information reporting by brokers for transactions involving debt instruments and options, including the reporting of original issue discount (OID) on tax-exempt obligations, the treatment of certain holder elections for reporting a taxpayer's adjusted basis in a debt instrument, and transfer reporting for section 1256 options and debt instruments.
**DATES:**
This correction is effective April 27, 2016 and applicable February 18, 2016.
**FOR FURTHER INFORMATION CONTACT:**
Pamela Lew at (202) 317-7053 (not a toll-free number).
**SUPPLEMENTARY INFORMATION:**
**Background**
The final regulations (TD 9750) that are the subject of this correction are under section 6045, 6045A, and 6049 of the Internal Revenue Code.
**Need for Correction**
As published, the final regulations (TD 9750) contain errors that may prove to be misleading and are in need of clarification.
**List of Subjects in 26 CFR Part 1**
Income taxes, Reporting and recordkeeping requirements.
**Correction of Publication**
Accordingly, 26 CFR part 1 is corrected by making the following correcting amendments:
**26 CFR Part 1**
**PART 1—INCOME TAXES**
*Paragraph 1.* The authority citation for part 1 continues to read in part as follows:
**Authority:**
26 U.S.C. 7805 * * *
**26 CFR Part 1**
*Par. 2.* Section 1.6045-1 is amended by revising the third sentence of paragraph (n)(4) to read as follows:
§ 1.6045-1
(n) * * *
(4) * * * See paragraph (n)(11) of this section for the treatment of an election described in paragraph (n)(4)(iii) of this section (election to accrue market discount based on a constant yield) and an election described in paragraph (n)(4)(iv) of this section (election to treat all interest as OID).
**26 CFR Part 1**
§ 1.6045A-1
*Par. 3.* Section 1.6045A-1 is amended by removing “and;” at the end of paragraphs (b)(3)(ix) and (b)(4)(iii) and adding “; and” in its place.
**26 CFR Part 1**
§ 1.6049-9
*Par. 4.* Section 1.6049-9(c) is amended by revising the citation “§ 1.6049-10T” to read “§ 1.6049-10” in the last sentence.
Martin V. Franks,
Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedure and Administration).