Document Headings
Document headings vary by document type but may contain
the following:
-
the agency or agencies that issued and signed a document
-
the number of the CFR title and the number of each part
the document amends, proposes to amend, or is directly
related to
-
the agency docket number / agency internal file number
-
the RIN which identifies each regulatory action listed in
the Unified Agenda of Federal Regulatory and Deregulatory
Actions
See the
Document Drafting Handbook
for more details.
Department of the Treasury
Internal Revenue Service
- 26 CFR Part 1
- [REG-113295-18]
- RIN 1545-BO87
AGENCY:
Internal Revenue Service (IRS), Treasury.
ACTION:
Cancellation of notice of public hearing on proposed rulemaking.
SUMMARY:
This document cancels a public hearing on proposed regulations that proposed regulations clarifying that certain deductions allowed to an estate or nongrantor trust are not miscellaneous itemized deductions and thus are not affected by the suspension of the deductibility of miscellaneous itemized deductions for taxable years beginning after December 31, 2017 and before January 1, 2026. The proposed regulations also provide guidance on
( printed page 47324)
determining the character, amount, and allocation of deductions in excess of gross income succeeded to by a beneficiary on the termination of an estate or non-grantor trust.
DATES:
The teleconference public hearing, originally scheduled for Wednesday, August 12, 2020 at 10 a.m. is cancelled.
FOR FURTHER INFORMATION CONTACT:
Regina Johnson of the Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedure and Administration) at (202) 317-5177 (not a toll-free number) or at
publichearings@irs.gov.
SUPPLEMENTARY INFORMATION:
A proposed rule;notice of public hearing that appeared in the
Federal Register
on July 17, 2020 (85 FR 43512) announced that a public hearing was scheduled for Wednesday, August 12 at 10 a.m. as a teleconference public hearing, Internal Revenue Service Building, 1111 Constitution Avenue NW, Washington, DC. The subject of the public hearing is under section 67(g) of the Internal Revenue Code.
The public comment period for these regulations expired June 25, 2020. The notice of proposed rulemaking and notice of hearing instructed those interested in testifying at the public hearing to submit an outline of the topics to be discussed. The outline of topics to be discussed was due by July 29, 2020. As of July 29, 2020, no one has requested to speak. Therefore, the public hearing scheduled for August 12, 2020 at 10:00 a.m. is cancelled.
Martin V. Franks,
Branch Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel, (Procedure and Administration).
[FR Doc. 2020-17126 Filed 8-4-20; 8:45 am]
BILLING CODE 4830-01-P