Internal Revenue Bulletin 2001-20 (PDF rendition): IRS Announcements

Preserve advance releases and the authoritative Internal Revenue Bulletin rendition; directory timestamps are file-publication metadata, not legal effective dates. HTML bulletins begin June 2003; earlier available issues require full PDF parsing. Whole bulletin rendition: numbered items are identified below; other legal material and publisher context remain included. This is not a new standalone advance release.

INCOME TAX
Rev. Rul. 2001–23, page 1169.
LIFO; price indexes; department stores.The March
2001 Bureau of Labor Statistics price indexes are accepted
for use by department stores employing the retail inventory
and last-in, first-out inventory methods for valuing inventories
for tax years ended on, or with reference to, March 31,
2001.
EXEMPT ORGANIZATIONS
Announcement 2001–57, page 1187.
A list is given of organizations now classified as private foun-
dations.
ADMINISTRATIVE
Rev. Proc. 2001–31, page 1170.
Electronic and magnetic media filing specifications.
Specifications are set forth for the magnetic or electronic fil-
ing of Form 8851, Summary of Archer MSAs, with the IRS.
Rev. Proc. 97–25 superseded.
Announcement 2001–49, page 1183.
An advance notice of proposed rulemaking invites comments
from the public on issues that the IRS may address in regu-
lations relating to the new markets tax credit under section
45D of the Code. Taxpayers (for example, individuals, cor-
porations, partnerships, and investment funds) that make a
qualified equity investment in a qualified community develop-
ment entity that has received a new markets tax credit allo-
cation may claim a five-percent tax credit on the investment
amount for each of the first three years and a six-percent tax
credit for each of the next four years.
Announcement 2001–50, page 1184.
This document contains corrections to proposed regulations
(REG–126100–00, 2001–11 I.R.B. 862) providing guidance
on the reporting requirements for interest on deposits main-
tained at the U.S. office of certain financial institutions and
paid to nonresident alien individuals.
Announcement 2001–51, page 1185.
This document contains corrections to proposed regulations
(REG–116050–99, 2000–48 I.R.B. 520) relating to the car-
ryover of certain tax attributes, such as earnings and profits
and foreign income tax accounts, when two corporations
combine in a section 367(b) transaction.
Announcement 2001–52, page 1186.
This document contains corrections to proposed regulations
(REG–105235–99, 2000–44 I.R.B. 447) relating to the
exclusion of gain from the sale or exchange of a taxpayer’s
principal residence.
Announcement 2001–53, page 1186.
This document contains corrections to final regulations (T.D.
8940, 2001–15 I.R.B. 1016) relating to deemed and actual
asset acquisitions under sections 338 and 1060 of the Code.
Internal Revenue
bbuulllleettiinn
Bulletin No. 2001–20
May 14, 2001
HIGHLIGHTS
OF THIS ISSUE
These synopses are intended only as aids to the reader in
identifying the subject matter covered. They may not be
relied upon as authoritative interpretations.
Department of the Treasury
Internal Revenue Service
Finding Lists begin on page ii.

May 14, 20012001–20 I.R.B.
The Internal Revenue Bulletin is the authoritative instrument
of the Commissioner of Internal Revenue for announcing offi-
cial rulings and procedures of the Internal Revenue Service
and for publishing Treasury Decisions, Executive Orders, Tax
Conventions, legislation, court decisions, and other items of
general interest. It is published weekly and may be obtained
from the Superintendent of Documents on a subscription
basis. Bulletin contents are consolidated semiannually into
Cumulative Bulletins, which are sold on a single-copy basis.
It is the policy of the Service to publish in the Bulletin all sub-
stantive rulings necessary to promote a uniform application
of the tax laws, including all rulings that supersede, revoke,
modify, or amend any of those previously published in the
Bulletin. All published rulings apply retroactively unless other-
wise indicated. Procedures relating solely to matters of in-
ternal management are not published; however, statements
of internal practices and procedures that affect the rights
and duties of taxpayers are published.
Revenue rulings represent the conclusions of the Service on
the application of the law to the pivotal facts stated in the
revenue ruling. In those based on positions taken in rulings
to taxpayers or technical advice to Service field offices,
identifying details and information of a confidential nature
are deleted to prevent unwarranted invasions of privacy and
to comply with statutory requirements.
Rulings and procedures reported in the Bulletin do not have
the force and effect of Treasury Department Regulations,
but they may be used as precedents. Unpublished rulings
will not be relied on, used, or cited as precedents by Service
personnel in the disposition of other cases. In applying pub-
lished rulings and procedures, the effect of subsequent leg-
islation, regulations, court decisions, rulings, and proce-
dures must be considered, and Service personnel and oth-
ers concerned are cautioned against reaching the same con-
clusions in other cases unless the facts and circumstances
are substantially the same.
The Bulletin is divided into four parts as follows:
Part I.—1986 Code.
This part includes rulings and decisions based on provisions
of the Internal Revenue Code of 1986.
Part 1100.—Treaties and Tax Legislation.
This part is divided into two subparts as follows: Subpart A,
Tax Conventions, and Subpart B, Legislation and Related
Committee Reports.
Part III.—Administrative, Procedural, and Miscellaneous.
To the extent practicable, pertinent cross references to
these subjects are contained in the other Parts and Sub-
parts. Also included in this part are Bank Secrecy Act Admin-
istrative Rulings. Bank Secrecy Act Administrative Rulings
are issued by the Department of the Treasury’s Office of the
Assistant Secretary (Enforcement).
Part IV.—Items of General Interest.
This part includes notices of proposed rulemakings, disbar-
ment and suspension lists, and announcements.
The first Bulletin for each month includes a cumulative index
for the matters published during the preceding months.
These monthly indexes are cumulated on a semiannual basis,
and are published in the first Bulletin of the succeeding semi-
annual period, respectively.
The IRS Mission
Provide America’s taxpayers top quality service by help-
ing them understand and meet their tax responsibilities
and by applying the tax law with integrity and fairness to
all.
Introduction
The contents of this publication are not copyrighted and may be reprinted freely. A citation of the Internal Revenue Bulletin as the source would be appropriate.
For sale by the Superintendent of Documents, U.S. Government Printing Office, Washington, DC 20402.

Section 472.—Last-in, First-out
Inventories
26 CFR 1.472–1: Last-in, first-out inventories.
LIFO; price indexes; department
stores. The March 2001 Bureau of Labor
Statistics price indexes are accepted for
use by department stores employing the
retail inventory and last-in, first-out in-
ventory methods for valuing inventories
for tax years ended on, or with reference
to, March 31, 2001.
Rev. Rul. 2001–23
The following Department Store Inven-
tory Price Indexes for March 2001 were
issued by the Bureau of Labor Statistics.
The indexes are accepted by the Internal
Revenue Service, under § 1.472–1(k) of
the Income Tax Regulations and Rev.
Proc. 86–46, 1986–2 C.B. 739, for appro-
priate application to inventories of depart-
ment stores employing the retail inven-
tory and last-in, first-out inventory
methods for tax years ended on, or with
reference to, March 31, 2001.
The Department Store Inventory Price
Indexes are prepared on a national basis
and include (a) 23 major groups of depart-
ments, (b) three special combinations of
the major groups - soft goods, durable
goods, and miscellaneous goods, and (c) a
store total, which covers all departments,
including some not listed separately, ex-
cept for the following: candy, food,
liquor, tobacco, and contract departments.
2001–20 I.R.B.1169May 14, 2001
Part I. Rulings and Decisions Under the Internal Revenue Code of 1986
BUREAU OF LABOR STATISTICS, DEPARTMENT STORE
INVENTORY PRICE INDEXES BY DEPARTMENT GROUPS
(January 1941 = 100, unless otherwise noted)
Percent Change
GroupsMar.Mar.from Mar. 2000
20002001to Mar. 2001
1
1. Piece Goods . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .511.5492.1-3.8
2. Domestics and Draperies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .614.4597.8-2.7
3. Women’s and Children’s Shoes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .638.9667.24.4
4. Men’s Shoes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .902.4887.5-1.7
5. Infants’ Wear . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .649.8632.5-2.7
6. Women’s Underwear . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .582.7563.5-3.3
7. Women’s Hosiery . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .337.5347.0 2.8
8. Women’s and Girls’ Accessories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .548.1560.32.2
9. Women’s Outerwear and Girls’ Wear . . . . . . . . . . . . . . . . . . . . . . . . . . .409.5419.52.4
10. Men’s Clothing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .626.2589.2-5.9
11. Men’s Furnishings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .623.2619.4-0.6
12. Boys’ Clothing and Furnishings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .498.1484.9 -2.7
13. Jewelry . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .965.3939.5-2.7
14. Notions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .746.6782.84.8
15. Toilet Articles and Drugs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .968.0989.42.2
16. Furniture and Bedding . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .693.1646.4-6.7
17. Floor Coverings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .606.8630.73.9
18. Housewares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .787.4771.7-2.0
19. Major Appliances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .235.7225.2-4.5
20. Radio and Television . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .61.055.5-9.0
21. Recreation and Education
2
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .94.890.3-4.7
22. Home Improvements
2
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .128.0128.20.2
23. Auto Accessories
2
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .107.6109.21.5
Groups 1 - 15: Soft Goods . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .606.3604.7-0.3
Groups 16 - 20: Durable Goods . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .444.3426.0-4.1
Groups 21 - 23: Misc. Goods
2
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .101.799.0-2.7
Store Total
3
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .545.5538.3-1.3
1 Absence of a minus sign before the percentage change in this column signifies a price increase.
2 Indexes on a January 1986=100 base.
3 The store total index covers all departments, including some not listed separately, except for the following: candy, food, liquor, tobacco, and contract departments.
DRAFTING INFORMATION
The principal author of this revenue rul-
ing is Alan J. Tomsic of the Office of Asso-
ciate Chief Counsel (Income Tax and Ac-
counting). For further information regard-
ing this revenue ruling, contact Mr. Tomsic
at (202) 622-4970 (not a toll-free call).

May 14, 200111702001–20 I.R.B.
26 CFR 601.602: Tax forms and instructions.
Rev. Proc. 2001–31
NOTE:This revenue procedure may
be used to prepare Form 8851, Summary
of ArcherMSAs, for submission to Inter-
nal Revenue Service (IRS) using any of
the following:
Magnetic Tape
Tape Cartridge
8mm, 4mm, and Quarter
Inch Cartridges (QIC)
3 1/2-inch Diskette
Electronic Filing – FIRE System
Contents
Part A. General
Section 1. Purpose
Section 2. Where to File and How to
Contact the IRS Martinsburg Computing
Center
Section 3. Filing Requirements
Section 4. Filing of Form(s) 8851
Magnetically/Electronically
Section 5. Preparation Instructions for
Media Label
Section 6. Due Dates
Section 7. Processing of Information
Returns Magnetically/Electronic-
ally
Section 8. Effect on Paper Documents
Section 9. Definition of Terms
Part B. Magnetic Media
Specifications
Section 1. General
Section 2. Tape Specifications
Section 3. Tape Cartridge Specifica-
tions
Section 4. 8mm, 4mm, and Quarter
Inch Cartridge Specifications
Section 5. 3 1/2 -Inch Diskette Speci-
fications
Section 6. Data Sequence Specifi-
cations
Section 7. The Trustee ‘A’ Record -
General Field Descriptions and
Record Layout
Section 8. The Account Holder ‘B’
Record - General Field Descriptions
and Record Layout
Section 9. The Control Total ‘C’ Re-
cord - General Field Descriptions
and Record Layout
Part C. Electronic Filing
Specifications
Section 1. Background
Section 2. Advantages of Filing Elec-
tronically
Section 3. General
Section 4. Electronic Filing Approval
Procedure
Section 5. Electronic Submissions
Section 6. Electronic Filing Specifica-
tions
Section 7. Dial-up Network/Browser
Specifications (Web Interface)
Section 8. Communications Software
Specifications (Text Interface)
Section 9. Modem Configuration
Part A. General
.01 Numerous editorial changes were
made to this revenue procedure. Major
changes are emphasized by the use of ital-
ics. Filers are urged to read the revenue
procedure in its entirety.
.02 Part C, Electronic Filing Specifi-
cations, is completely revised. Because
of the extensive revision italics have not
been extensively used.
.03 Part B, Sec. 01, Trustee ‘A’
Record, has the only programming
change. This change affects the report pe-
riod.
Sec. 1. Purpose
.01The purpose of this revenue proce-
dure is to provide the specifications under
which trustees may file Form 8851, Sum-
mary of ArcherMSAs, magnetically or
electronically.
.02Comments concerning this revenue
procedure, or suggestions for making it
more helpful and user friendly, can be ad-
dressed to:
IRS-Martinsburg Computing Center
Information Reporting Program
Attn: 8851 Coordinator
240 Murall Drive
Kearneysville, WV 25430
.03It is unlawful to intentionally trans-
mit a computer virus to the Internal Rev-
enue Service. Violators may be subject to
a fine and/or imprisonment.
Sec. 2. Where To File and How
To Contact the IRS Martinsburg
Computing Center
.01All Forms 8851 filed magnetically
or electronically are processed at
IRS/MCC. Send magnetic media files
and any correspondence to MCC at the
following address:
IRS-Martinsburg Computing Center
Information Reporting Program
Attn: 8851 Coordinator
240 Murall Drive
Kearneysville, WV 25430
.02Paper forms and publications should
be requested by calling the “Forms Only
Number” listed in your local telephone di-
rectory or by calling the IRS toll-free num-
ber 1-800-TAX-FORM (1-800-829-3676).
Forms and publications can also be ob-
tained by using the IRS Web site
www
.irs.gov.
.03The Information Reporting Program
(IRP) Call Site, located at the Martinsburg
Computing Center, provides service to the
payer/employer community (financial in-
stitutions, employers, and other transmit-
ters of information returns). The IRP Call
Site answers questions concerning tax law
and magnetic/electronic filing of Forms
8851 and other information returns (Forms
1096, 1098, 1099, 5498, W-2G, 1042–S,
8027 and Questionable Forms W-4), in-
quiries dealing with backup withholding
due to missing and incorrect taxpayer iden-
tification numbers and questions concern-
ing paper filing of Forms W-2 and W-3.
The Call Site can also be reached via their
email address mccirp@irs.gov
.Recipients
of information returns (payees) should
continue to contact 1-800-829-1040 or
other numbers specified in the tax return
instructions with any questions on how to
report tax returns.
The Call Site accepts calls from all areas
of the country. The number to call is 304-
263-8700or Telecommunications Device
for the Deaf (TDD) 304-267-3367.These
are toll calls. Hours of operation for the
Call Site are Monday through Friday, 8:30
a.m. to 4:30 p.m. Eastern Time. The Call
Site is in operation throughout the year to
handle the questions of payers, transmit-
ters, and employers. Due to the high de-
mand for assistance at the end of January
Part III. Administrative, Procedural, and Miscellanous

2001–20 I.R.B.1171May 14, 2001
and February, it is advisable to call as soon
as possible to avoid these peak filing sea-
sons.
.04The telephone numbers for in-
quiries or electronic submissions are:
304-263-8700 - Call Site oremail
mccirp@irs.gov
304-262-2400-Electronic Filing
304-267-3367 - TDD (Telecommuni-
cation Device for the Deaf)
304-264-5602 - Fax Machine
(These are not toll-free telephone num-
bers.)
TO OBTAIN FORMS & PUBLICA-
TIONS, CALL:
1-800-TAX-FORM (1-800-829-3676)
TO OBTAIN FORMS & PUBLICA-
TIONS VIA THE INTERNET:
www.irs.gov
Sec. 3. Filing Requirements
.01If you are required to report 250 or
more ArcherMSAs, you must file mag-
netically or electronically. Even though a
trustee may not meet the required filing
threshold of 250 documents, IRS encour-
ages the filing of the Form 8851 magneti-
cally/electronically.
.02Filers who are required to submit
their Forms 8851 on magnetic media may
choose to submit their documents elec-
tronically instead. Filers who transmit
their information electronically are con-
sidered to have satisfied the magnetic
media filing requirements.
.03The filing requirement applies indi-
vidually to each reporting entity as defined
by its separate Taxpayer Identification
Number (TIN) (Social Security Number
[SSN] or Employer Identification Number
[EIN]). For example, if filing for a corpo-
ration with several branches or locations
and each uses the same name and EIN, the
filer must aggregate the total volume to be
filed for that EIN and apply the filing re-
quirement accordingly.
.04For additional information on fil-
ing requirements, please refer to the in-
structions on Form 8851.
Sec. 4. Filing of Form 8851
Magnetically/Electronically
.01Form 8851, Summary of Archer
MSAs, MUSTaccompany ALLmag-
netic media shipments. If you wish to file
electronically, complete Form 8851 above
line ‘a’ (trustee’s information only) and
send it to:
IRS-Martinsburg Computing Center
Information Reporting Program
Attn: 8851 Coordinator
240 Murall Drive
Kearneysville, WV 25430
Upon receipt, you will be contacted with
instructions on how to transmit your file
electronically. In both instances, only the
trustee information requested on Form
8851 must be completed. The form may
be computer-generated; however, all of
the trustee information requested on the
original form must be on the computer-
generated form.
.02Do not report duplicate informa-
tion. If a filer submits returns magneti-
cally/electronically, identical paper docu-
ments must not be filed.
.03A self-adhesive external media
label, created by the filer, must be af-
fixed to each piece of magnetic media
(See Sec. 5). If diskettes are used, be
certain that only MS-DOS compatible
operating systems were used to prepare
the diskettes. Non-MS-DOS diskettes
are no longeracceptable at
IRS/MCC.
.04On the outside of the shipping con-
tainer, affix or attach a label which reads
“IRB Box ___of___” reflecting the num-
ber of containers in the shipment. If there
is only one container, mark the outside as
Box 1of 1. For multiple containers, in-
clude the sequence (for example, Box 1 of
3, 2 of 3, 3 of 3).
.05When submitting files include the
following:
(a) Form 8851;
(b) External media label affixed to
the magnetic media;
(c) IRB Box _____ of ______ out-
side label.
.06IRS/MCC will not pay for or ac-
cept “Cash-on-Delivery” or “Charge to
IRS” shipments of tax information that an
individual or organization is legally re-
quired to submit.
Sec. 5. Preparation Instructions
for Media Label
Please create your own pressure sensitive
label containing the following informa-
tion:
Type of filing:Indicate whether data is
Original or Replacement.
Tax Year:Tax period for which media is
submitted as defined on the
Form 8851.
IRS TCC:(Transmitter Control Code):
MSA01
Trustee’s name:
Operating System/Hardware:Recommended label format:
For 3 1/2- inch diskette files, indicate theType of filing_________________________
type of personal computer operating system and Tax Year_____________ IRS TCC MSA01
software package used to create the media Trustee name_________________________
(for example: IBM.PC/AT-MSD/DOS)Operating System/Hardware_____________
Number of account holders______________
Trustee number for media_______________
Media sequence_________of____________

May 14, 200111722001–20 I.R.B.
Sec. 9. Definition of Terms
ElementDescription
Account HolderThe owner of the Archer MSA.
Asynchronous ProtocolsThis type of data transmission is most often used by micro-computers, PCs and some mini-
transmissions transfer data at arbitrary time intervals using the start-stop method. Each
character transmitted has its own start bit and stop bit.
b/Denotes a blank position. Enter blank(s) when this symbol is used (do not enter the letter
“b”). This appears in numerous areas throughout the record descriptions.
Blocked RecordsTwo or more records grouped together between interrecord gaps.
For tape, indicate either EBCDIC or
ASCII.
For tape cartridge, indicate operating sys-
tem, either EBCDIC or ASCII, and either
18, 36, 128 or 256 track.
Number of account holders:Indicate the
total number of Account Holder “B”
Records reported on the media.
Trustee number for media:If available,
provide the in-house number assigned by
your organization to the tapes, tape car-
tridges, or diskettes.
Media sequence:Indicate sequence num-
ber of media and total number of media in
file (for example: Media sequence 1 of 3,
2 of 3, 3 of 3).
Please affix external label to appropri-
ate area on magnetic media, so it will
not hinder the ability to process media.
Sec. 6. Due Dates
.01The due dates for filing paper re-
turns with IRS also apply to magnetic
media or electronic filing. File Form
8851, postmarked no later than August 1,
2001, to report the number of Archer
MSAs you established from January 1
through June 30, 2001.
.02When using a delivery service other
than the U.S. Postal Service, if no date of
shipment appears on the package or con-
tainer, the date of receipt will be the date
received at IRS/MCC.
Sec. 7. Processing of
Information Returns
Magnetically/Electronically
.01All data received at IRS/MCC for
processing will be given the same protec-
tion as individual income tax returns
(Form 1040). IRS/MCC will process the
data and determine if the records are for-
matted and coded according to this rev-
enue procedure.
.02 If you are filing information for
more than one trustee, each trustee must
be reported on separate media and/or
transmitted separately, if filing electroni-
cally.
.03If the data is formatted incorrectly,
IRS/MCC will request a replacement file
in writing. When IRS/MCC requests a re-
placement file, it is because we encoun-
tered errors (not limited to format) and
were unable to process the media. Filers
will receive a Media Tracking Slip (Form
9267), listing and letter detailing the rea-
son(s) their media could not be processed.
It is imperative that filers maintain
backup copies and/or recreate capabilities
for their information return files. Open
all IRS/MCC correspondence immedi-
ately. Refer to Part C, Section 5, for pro-
cedures for replacing files submitted elec-
tronically.
.04The following definition has been
provided to help identify a replacement:
• A replacementis an information return
file sent by the filer at the request of IRS/
MCCbecause of errors encountered while
processing the filers original submission.
(See Note 1).
*Note 1: Filers should never send any-
thing to IRS/MCC marked “Replace-
ment” unless IRS/MCC has requested a
replacement file in writing or via the
FIRE System.
*Note 2: IRS/MCC no longer returns
problem media in need of replacement.
Filers will receive a tracking slip, listing
and letter detailing the reason(s) their
media could not be processed. Filers will
be expected to send a replacement file
within the prescribed time frame.This
makes it imperativethat filers maintain
backup copies and/or recreate capabilities
for their information return files.
.05 Files must be corrected and re-
turned with the Media Tracking Slip
(Form 9267) to IRS/MCC within 45 days
from the date of the letter. Refer to Part
C, Section 5, for procedures for replacing
files submitted electronically.
.06IRS/MCC will not return media
after successful processing. Therefore, if
the transmitter wants proof that IRS/MCC
received a shipment, the transmitter
should select a service with tracking capa-
bilities or one that will provide proof of
delivery.
.07IRS/MCC will work with the filers
to identify and resolve processing prob-
lems. If contacted by IRS/MCC, please
respond promptly. IRS/MCC may have
information the filers need to correct their
files.
.08Do not use special shipping con-
tainers for transmitting data to IRS/MCC.
Shipping containers will not be returned.
Sec. 8. Effect on Paper
Documents
.01Magnetic or electronic reporting
eliminates the need to submit paper
Forms 8851 to IRS.
.02Even though the threshold for fil-
ing magnetically or electronically is 250
or more MSAs, IRS encourages transmit-
ters to submit all returns magnetically or
electronically.
.03The address for filing paper Forms
8851 is:
IRS – Martinsburg Computing Center
Information Reporting Program
Attn: 8851 Coordinator
240 Murall Drive
Kearneysville, WV 25430
.04 In all instances, identify which ac-
counts are for individuals that were previ-
ously uninsured or excludable account
holders, if applicable.

2001–20 I.R.B.1173May 14, 2001
ElementDescription
Employer Identification NumberA nine-digit number assigned by IRS for Federal tax reporting purposes.
(EIN)
Electronic FilingSubmission of information returns using switched telecommunications network circuits.
These transmissions use modems, dial-up phone lines, and asynchronous protocols (see
Part C of this publication for specific information on electronic filing).
FileFor the purpose of this revenue procedure, a file consists of all records submitted by a
transmitter either magnetically or electronically.
FilerPerson or organization who prepares and submits files. May be the trustee and/or transmit-
ter.
IRS/MCCInternal Revenue Service/Martinsburg Computing Center.
Magnetic MediaFor this Revenue Procedure, the term magnetic media refers to 1/2-inch magnetic tape;
IBM 3480, 3490, 3490E, 3590, 3590E or AS400 compatible tape cartridge; 8mm, 4mm,
and QIC (Quarter Inch Cartridge) cartridge or 3 1/2-inch diskette.
Multi-reel/diskette fileA group of tapes or diskettes submitted under one TCC where all media ends with an
account holder “B” Record, except for the last media of the file, which ends with a
Control Total “C” Record.
ReplacementAn information return file sent by the filer at the request of IRS/MCCbecause of errors
encountered while processing their filers original submission.
*Note 1: Filers should never submit media to IRS/MCC marked “Replacement” unless IRS/MCC has requested a
replacement file in writing or via the FIRE System. When sending “Replacement” media, be sure to include the Media
Tracking Slip (Form 9267). Media that has been incorrectly marked as Replacement may result in duplicate filing.
*Note 2: IRS/MCC is no longer returning problem media in need of replacement.
Social Security Number (SSN)A nine-digit number assigned by the Social Security Administration (SSA) to an individual
for tax and wage reporting purposes.
Special CharacterAny character that is not a numeric, an alpha, or a blank.
Taxpayer Identification May be either a Social Security Number (SSN) or an Employer Identification Number
Number (TIN)(EIN)
Transmitter Control Code (TCC)The five-digit code “MSA01” assigned to all filers prior to submitting Forms 8851 magnet-
ically/electronically. This number is inserted in the “A” Record and must be present in the
file.
TrusteePerson or organization that is the custodian of the ArcherMSA and is required to file
Form 8851.
Part B. Magnetic Media
Specifications
Sec. 1. General
.01 These specifications prescribe the
required format and content of the Trustee
‘A,’ Account Holder ‘B,’ and Control
Total ‘C’ records to be included in the
magnetic media file. Usually, IRS/MCC
will be able to process any compatible
file. Deviations cannot and will not be
permitted in any of the data fields.
.02If you are filing for more than
one trustee, each trustee must be re-
ported on a separate tape, tape car-
tridge, 8mm, 4mm, and QIC (Quarter
Inch Cartridge) cartridge, diskette, or
in a separate electronic transmission.
A separate Form 8851 is required for
each.
.03An external label must appear on each
tape, diskette, or cartridge submitted. The
following information is needed on the label:
(a)Type of filing (i.e., Original).
(b)The tax year of the data (i.e.,
2001).
(c)The trustee’s name.
(d)The five-digit Transmitter Con-
trol Code “MSA01”.
(e)Operating system software and
hardware used to create the file
(i.e., IBM.PC/AT-MSD/DOS).
(f)The total number of account
holders in the file.
(g)Trustee’s media number. The
number assigned to the media by
the trustee.
(h) The sequence of each tape or
diskette (i.e., 001 of 008, 002 of
008,..., 008 of 008).
Information provided on the label will as-
sist IRS/MCC in identifying information
that is reported and in locating a specific
file if it is necessary for IRS/MCC to re-
quest a replacement file from the trustee.
.04Regardless of the type of media
used or if returns are filed electronically,
the record length must be 150 positions.

May 14, 200111742001–20 I.R.B.
Sec. 2. Tape Specifications '
*Note: Beginning in calendar year
2003 for Tax Year 2002, 9 track mag-
netic tape will no longer be an accept-
able method for submitting Informa-
tion Returns to IRS/MCC.
.01IRS/MCC can process most mag-
netic tape files if the following specifica-
tions are followed:
(a)9 track EBCDIC (Extended Binary
Coded Decimal Interchange Code) with:
(1)Odd parity.
(2)A density of 1600 or 6250
BPI.
(3)If transmitters use UNISYS
Series 1100, they must submit
an interchange tape.
(b)9 track ASCII (American Standard
Coded Information Interchange) with:
(1)Odd parity.
(2)A density of 1600 or 6250 BPI.
Transmitters should be consistent
in the use of recording codes and
density on files.
.02All compatible tape files must have
the following characteristics: Type of
tape -1/2-inch (12.7 mm) wide, computer-
grade magnetic tape on reels of up to
2,400 feet (731.52 m) within the follow-
ing specifications:
(a)Tape thickness: 1.0 or 1.5 mils
and
(b)Reel diameter: 10 1/2-inch (26.67
cm), 8 1/2-inch (21.59 cm), 7-
inch (17.78 cm), or 6-inch.
.03The tape records defined in this
Revenue Procedure may be blocked sub-
ject to the following:
(a)A block must not exceed 30,000
tape positions.
(b)If the use of blocked records
would result in a short block, all
remaining positions of the block
must be filled with 9s; however,
the last block of the file may be
filled with 9s or truncated. Do
not pad a block with blanks.
(c)All records, except the header
and trailer labels, may be
blocked or unblocked. A record
may not contain any control
fields or block descriptor fields
which describe the length of the
block or the logical records
within the block. The number of
logical records within a block
(the blocking factor) must be
constant in every block with the
exception of the last block which
may be shorter (see item (b)
above). The block length must
be evenly divisible by 150.
(d)Records may not span blocks.
.04Labeled or unlabeled tapes may be
submitted.
.05For the purposes of this Revenue
Procedure the following must be used:
Tape Mark:
(a)Signifies the physical end of the
recording on tape.
(b)For even parity, use BCD con-
figuration 001111 (8421).
(c)May follow the header label and
precede and/or follow the trailer
label.
.06IRS/MCC can only read one data
file on a tape. A data file is a group of
records which may or may not begin with
a tapemark, but mustend with a trailer
label. Any data beyond the trailer label
cannot be read by IRS programs.
Sec. 3. Tape Cartridge
Specifications
.01 In most instances, IRS/MCC can
process tape cartridges that meet the fol-
lowing specifications:
(a)Must be IBM 3480, 3490,
3490E, 3590, 3590Eor AS400
compatible.
(b)Must meet American National
Standard Institute (ANSI) stan-
dards, and have the following
characteristics:
(1)Tape cartridges will be 1/2-
inch tape contained in plas-
tic cartridges which are
approximately 4-inches by
5-inches by 1-inch in
dimension.
(2)Magnetic tape will be
chromium dioxide particle
based 1/2-inch tape.
(3)Cartridges must be 18-track,
36-track, 128-track or 256-
trackparallel (See Note).
(4)Cartridges will contain
37,871 CPI or 75,742 CPI
(characters per inch).
(5)Mode will be full function.
(6)The data may be compressed
using EDRC (Memorex) or
IDRC (IBM) compression.
(7)Either EBCDIC (Extended
Binary Coded Decimal
Interchange Code) or ASCII
(American Standard Coded
Information Interchange)
may be used.
.02The tape cartridge records defined
in this Revenue Procedure may be
blocked subject to the following:
(a)A block must notexceed 30,000
tape positions.
(b)If the use of blocked records
would result in a short block, all
remaining positions of the block
must be filled with 9s; however,
the last block of the file may be
filled with 9s or truncated. Do
not pad a block with blanks.
(c)All records, except the header
and trailer labels, may be
blocked or unblocked. A record
may not contain any control
fields or block descriptor fields
which describe the length of the
block or the logical records
within the block. The number of
logical records within a block
(the blocking factor) must be
constant in every block with the
exception of the last block which
may be shorter (see item (b)
above). The block length must
be evenly divisible by 150.
(d)Records may not span blocks.
.03Tape cartridges may be labeled or
unlabeled.
.04For the purposes of this Revenue
Procedure, the following must be used:
Tape Mark:
(a)Signifies the physical end of the
recording on tape.
(b)For even parity, use BCD config-
uration 001111 (8421).
(c)May follow the header label and
precede and/or follow the trailer
label.
*Note: Filers should indicate on the
external media label whether the car-
tridge is 18-track, 36-track, 128-track
or 256-track.
Sec. 4. 8mm, 4mm, and
Quarter-Inch Cartridge
Specifications
.01In most instances, IRS/MCC can
process 8mm tape cartridges that meet the
following specifications:
(a)Must meet American National
Standard Institute (ANSI) stan-

2001–20 I.R.B.1175May 14, 2001
(4)Mode will be full function.
(5)Compressed data is not
acceptable.
(6)Either EBCDIC (Extended
Binary Coded Decimal Inter-
change Code) or ASCII
(American Standard Coded
Information Interchange)
may be used. However,
IRS/MCC encourages the
use of EBCDIC. This infor-
mation must appear on the
external media label affixed
to the cartridge.
(7) A file may consist of more
than one cartridge; however,
no more than 250,000 docu-
ments may be transmitted per
file or per cartridge.
The filename, for example,
8851MSA, will contain a
three digit extension. The
extension will indicate the
sequence of the cartridge
within the file (e.g., 1 of 3, 2 of
3, and 3 of 3 will appear
in the header label as
8851MSA.001,8851MSA.
002, and 8851MSA.003
on each cartridge of the file).
.02The 8mm (.315-inch) tape cartridge
records defined in this Revenue Procedure
may be blocked subject to the following:
(a) A block must notexceed 30,000
tape positions.
(b) If the use of blocked records
would result in a short block, all
remaining positions of the block
must be filled with 9s; however,
the last block of the file may be
filled with 9s or truncated. Do
not pad a block with blanks.
(c) All records, except the header
and trailer labels, may be
blocked or unblocked. A record
may not contain any control
fields or block descriptor fields
which describe the length of the
block or the logical records
within the block. The number of
logical records within a block
(the blocking factor) must be
constant in every block with the
exception of the last block which
may be shorter (see item (b)
above). The block length must
be evenly divisible by 150.
(d) Various COPY commands have
been successful; however, the
SAVE OBJECT COMMAND
is not acceptable.
(e)Extraneous data following the “C”
Record will result in IRS/MCC re-
questing a replacement file.
(f)Records may not span blocks.
(g) No more than 250,000 docu-
ments per cartridge and per file.
*Note: Advanced Metal Evaporated
(AME) cartridges are not acceptable.
.03For faster processing, IRS/MCC
encourages transmitters to use header la-
beled cartridges. IRSTAX may be used as
a suggested filename.
.04For the purposes of this Revenue
Procedure, the following must be used:
Tape Mark:
(a)Signifies the physical end of the
recording on tape.
(b)For even parity, use BCD con-
figuration 001111 (8421).
(c)May follow the header label and
precede and/or follow the trailer
label.
.05If extraneous data follows the “C”
Record, IRS/MCC will request a replace-
ment file. Therefore, IRS/MCC encour-
ages transmitters to use blank tape car-
tridges, rather than cartridges previously
used, in the preparation of data when sub-
mitting information returns.
.06IRS/MCC can only read one data
file on a tape. A data file is a group of
records which may or may not begin with
a tapemark, but must end with a trailer
label. Any data beyond the trailer label
cannot be read by IRS programs.
.074mm (.157-inch) cassettes are now
acceptable with the following specifica-
tions:
(a)4mm cassettes will be 2 1/4-inch
by 3-inch.
(b)The tracks are 1 (one).
(c)The density is 19 (61000 BPI).
(d)The typical capacity is DDS
(DAT data storage) at 1.3 Gb (60
meter) or 2 Gb (90 meter), or
DDS-2 at 4Gb (120 meter).
(e)The general specifications for
8mm cartridges also apply to the
4mm cassettes.
*Note: 4mm cassettes with a capacity
of DDS-3 (125 meter) are not accept-
able.
.08Various Quarter-Inch Cartridges
(QIC) (1/4-inch) are also acceptable.
(a)QIC cartridges will be 4 inch
by 6 inch.
(b)QIC cartridges must meet the
following specifications:
TracksDensityCapacity
120 (43245 BPI)2.3 Gb
121 (45434 BPI)5 Gb
SizeTracksDensityCapacity
QIC-248/95 (8000 BPI)45Mb or 60Mb
QIC-1201515 (10000 BPI) 120Mb or 200Mb
QIC-1501816 (10000 BPI) 150Mb or 250Mb
QIC-5252617 (16000 BPI) 525Mb
QIC-10003021 (36000 BPI)1Gb
QIC-2Gb4234 (40640 BPI) 2Gb
dards, and have the following
characteristics:
(1)Created from an AS400
operating system only.
(2)8mm (.315-inch) tape car-
tridges will be 2 1/2-inch by
3 3/4-inch.
(3)The 8mm tape cartridges
must meet the following
specifications:

May 14, 200111762001–20 I.R.B.
(c)The general specifications that apply
to 8mm cartridges also apply to QIC car-
tridges.
Sec. 5. 3 1/2-Inch Diskette
Specifications 0
IRS/MCC has discontinued processing
5 1/4-inch diskettes.
.01To be compatible, a diskette file
must meet the following specifications:
(a) 3 1/2-inches in diameter.
(b) Data must be recorded in stan-
dard ASCII code.
(c) Records must be a fixed length
of 150 bytes per record.
(d) Delimiter character commas (,)
must not be used.
(e)Positions 149 and 150 of each
record have been reserved for
use as carriage return/line
feed (cr/lf) characters, if ap-
plicable.
(f) Filename of 8851MSA must
be used. Do not enter any
other data in this field. If a file
will consist of more than one
diskette, the file name
8851MSA will contain a 3-
digit extension. This exten-
sion will indicate the sequence
of the diskettes within the file.
For example, the first diskette
will be named 8851MSA.001,
the second diskette will be
8851MSA.002, etc.
(g)A diskette will not contain
multiple files as defined in Part
A, Section 09. A diskette file
may consist of multiple disk-
ettes as long as the file naming
conventions are followed.
(h) Failure to comply with instruc-
tions will result in IRS/MCC re-
questing a replacement file.
(i) Diskettes must meet one of the
following specifications:
CapacityTracksSides/DensitySector Size
1.44 mb96tpihd512
1.44 mb135tpihd512
1.2 mb96tpihd512
.02IRS/MCC encourages trustees to
use blank or currently formatted
diskettes when preparing files. If extra-
neous data follows the “C” Record,
IRS/MCC will request a replacement
file.
.03IRS/MCC will onlyaccept 3 1/2-
inch diskettes created using MS-DOS.
.04 3 1/2-inch diskettes created on a
System 36 or AS400 are notacceptable.
.05 Transmitters should check media
for viruses before submitting it to
IRS/MCC.
Sec. 6. Data Sequence
Specifications
.01In order to be acceptable, records
within the file must be in the following
sequence:
(a)A Trustee “A” Record
(b)Account Holder “B” Records
(c)Control Total “C” Record
.02If you are filing for more than one
trustee, each trustee must be reported on a
separate tape, tape cartridge, 8mm, 4mm,
and QIC (Quarter Inch Cartridge) car-
tridge or diskette.
Sec. 7. The Trustee “A” Record-
General Field Descriptions and
Record Layout
.01This record identifies the entity
preparing and transmitting the file. The
first record of a file MUST be a Trustee
“A” Record, (preceded only by header la-
bels, if any), and must appear on each
tape and cartridge. Otherwise, the file
will be returned for replacement. The
“A” Record is a fixed length of 150 posi-
tions.
Record Name: Trustee “A” Record
PositionsField TitleLengthDescription and Remarks
1Record Type1Required. Enter “A”
2–10Trustee TIN9Enter the Taxpayer Identification Number (TIN), either the Employer
Identification Number (EIN) or the Social Security Number (SSN) of
the Trustee.
11–50Trustee40Required. Enter the trustee’s name. Abbreviate if necessary to fit 40-
Namecharacter limit. Omit punctuation if possible. Left-justify and blank
fill.
51–90Trustee 40 Required. Enter mailing address of the trustee. Street address
Addressshould include number, street, apartment or suite number (or P.O. Box
if mail is not delivered to street address). Abbreviate as needed to fit 40-
character limit. Omit punctuation if possible. Left-justify and blank
fill.
91–119Trustee City29Required. Enter the city or town of trustee. If applicable, enter APO
or FPO only. Left-justify and blank fill.
120-121Trustee State 2Required. Enter two-letter Post Office Code as shown in the list below
ONLY. Do NOT spell out the state name.

2001–20 I.R.B.1177May 14, 2001
StateCodeStateCode StateCode
AlabamaALKentucky KYOhioOH
AlaskaAK LouisianaLAOklahomaOK
American Samoa AS Maine MEOregonOR
ArizonaAZMarshall Islands MH PennsylvaniaPA
ArkansasARMarylandMDPuerto RicoPR
CaliforniaCAMassachusettsMARhode IslandRI
ColoradoCOMichiganMI South Carolina SC
Connecticut CTMinnesota MN South Dakota SD
Delaware DE Mississippi MS TennesseeTN
District of Columbia DC Missouri MO Texas TX
Federated States Montana MTUtah UT
of Micronesia FM Nebraska NE VermontVT
Florida FLNevada NVVirginia VA
Georgia GANew Hampshire NH U.S.Virgin Islands VI
Guam GU New Jersey NJ Washington WA
Hawaii HI New Mexico NM West Virginia WV
Idaho ID New York NYWisconsinWI
Illinois ILNorth CarolinaNC Wyoming WY
Indiana IN North Dakota ND
Iowa IANorthern
Kansas KS Mariana Islands MP
NOTE: When reporting APO/FPO addresses use the following format:
Example:
NamePVT Willard J. Doe
Street AddressCompany F, PSC Box 100
CityAPO (or FPO)
*StateAE, AA, or AP
ZIP Code098010100
*AE is the designation for ZIPs beginning with 090–098, AA for ZIP 340, and AP for ZIPs 962–966
Record Name: Trustee “A” Record (continued)
PositionsField TitleLengthDescription and Remarks
122–130Trustee ZIP9Required. Enter the ZIP code of the trustee for all U.S. addresses,
CodeU.S. territories or possessions, APO/FPO addresses. For trustees using
a five-digit ZIP code, enter the ZIP code in the left-most five positions
and zero fill the remaining four positions. For trustees outside the U.S.,
enter nine zeros only. Do NOT blank fill.
131–135Transmitter5Required. Enter your five-digit Transmitter (TCC) Control Code,
Control Code“MSA01.” This is the TCC assigned to all filers who report Form(s)
8851 magnetically/electronically.
136Report Period1Required.Enter the last digit of the year for which the Form 8851 is
being filed. For example, if reporting for tax year 2001, enter a ‘1’
(one), enter a ‘2’, if reporting for 2002, etc.
Note: Currently, the filing requirement is for tax year 2001 only. If filing is required in the future, an announcement will
be issued in an I.R. Bulletin.
137–148Blanks12Enter Blanks.
149–150Blanks or2Enter blanks or
Carriage Return/Carriage Return/Line
Line Feed (cr/lf)Feed(cr/lf).

May 14, 200111782001–20 I.R.B.
Trustee “A” Record Layout
Record Type “A”Trustee TINTrustee NameTrustee AddressTrustee City
12–10 11–5051–9091–119
TrusteeTrusteeTransmitterReportBlanksBlanks or
StateZIP CodeControl CodePeriodCarriage
(TCC)Return / Line
“MSA01”Feed
120–121 122–130131–135136137–148 149–150
Sec. 8. The Account Holder “B” Record - General Field Descriptions and Record Layout
.01The “B” record contains the account holder information. The format of the “B” record will remain constant and is a fixed
length of 150 positions.
Record Name: Account Holder “B” Record
PositionsField TitleLengthDescription and Remarks
1Record Type 1Required.Enter “B.”
2–10Account Holder’s9Required. Enter the nine-digit Taxpayer Identification Number (TIN)
Identification(EIN or SSN) of the Account Holder. Do NOT enter blanks, hyphens,
Number (TIN)or alpha characters. A TIN consisting of all the same digit (e.g.,
111111111) is not acceptable.
11–50Account Holder40Required.Enter the name of the account holder. Abbreviate as need-
Nameed Left justify and blank fill.
51Previously1Required.Enter a code from the list below to indicate whether or not
Uninsuredthe account holder was previously uninsured. For a definition of
Indicator“Previously Uninsured”, please see Form 8851.
ConditionCode
Previously uninsured1
Previously insured 0
52Excludable1Required. Enter a code from the list below to indicate whether the
Indicatoraccount holder is excludable. For a definition see Form 8851.
ConditionCode
Excludable 1
Not excludable 0
53–148Blanks96Enter blanks.
149–150Blank or Carriage2Enter blanks or carriage return/line feed (CR/LF).
Return/Line Feed
Account Holder “B” Record Layout
Record Type “B”Account Holder TINAccount Holder Name Previously Uninsured Indicator
12–1011–5051
Excludable IndicatorBlanksBlanks or Carriage Return/ Line Feed
5253–148149–150
Sec. 9. The Control Total “C” Record-General Field Descriptions and Record Layout
.01Enter a “C” Record after the last “B” Record submitted for a particular Trustee “A” Record. The “C” Record serves as a sum-
mary of the preceding “B” Records’ data, and enables IRS to cross check the correctness of information received.
.02A “C” Record may only be followed by “B” Records reported for a trustee, or by a tape mark and/or trailer label when more
reels follow this reel. The “C” Record can be the last record on the file.
.03Each “C” Record has a fixed length of 150 positions.
.04If the field is not applicable, allow for the field by entering blanks or zeros as instructed.

2001–20 I.R.B.1179May 14, 2001
Part C. Electronic Filing
Specifications
Sec. 1. Background
.01 All electronic filing of information
returns are received at IRS/MCC via the
FIRE (Filing Information Returns Elec-
tronically) System. The FIRE System
can be accessed via analog and ISDN BRI
connections. The system is designed to
support the electronic filing of informa-
tion returns only. The telephone number
for electronic filing is (304-262-2400).
Sec. 2. Advantages of Filing
Electronically
Some of the advantages of filing electron-
ically are as follows:
(1)Results available within 10
workdays regarding the accept-
ability of the data transmitted. It
is the filer’s responsibility to dial
back in and check results.
(2) Allows more attempts than mag-
netic media filing to replace bad
files within a specific time frame.
(3) Better customer service due to
on-line availability of transmit-
ter’s files for research purposes.
Sec. 3. General
.01Electronic filing of Forms 1098,
1099, 5498, 8851, 1042–S, 8027, Ques-
tionable W-4s (QWF) and W-2G, origi-
nals, and replacements of information re-
turns is offered as an alternative to
magnetic media (tape, tape cartridge, or
diskette) or paper filing, but is not a re-
quirement. Transmitters filing electroni-
cally will fulfill the magnetic media re-
quirements for those payers who are
required to file magnetically. It may also
be used by payers who are under the filing
threshold requirement, but would prefer
to file their information returns electroni-
cally. If the original file was sent magnet-
ically, but IRS/MCC has requested a re-
placement file, the replacement may be
transmitted electronically.
.02The electronic filing of information
returns is not affiliated with the Form
1040 electronic filing program. These
two programs are totally independent, and
filers must obtain separate approval to
participate in each of them. All inquiries
concerning the electronic filing of infor-
mation returns should be directed to
IRS/MCC. IRS/MCC personnel cannot
answer questions or assist taxpayers in the
filing of Form 1040 and will direct tax-
payers, to the Customer Service toll-free
number (1-800-829-1040).
.03Files submitted to IRS/MCC elec-
tronically must be in standard ASCII
code. No magnetic media or paper forms
are to be submitted with the same infor-
mation as the electronically submitted
file.
.04The formats of the “A”, “B”, and
“C” records are the same for electroni-
cally filed records as they are for mag-
netic media, and must be in standard
ASCII code. For electronically filed doc-
uments, each transmission is considered a
separate file; therefore, each transmission
mustbegin with a Trustee “A” Record
and end with a Control Total “C” Record.
Sec. 4. Electronic Filing
Approval Procedure
.01Filers must send a Form 8851 to
IRS/MCC priorto filing the Form(s)
Record Name: Control Total “C” Record
PositionsField TitleLengthDescription and Remarks
1Record Type1 Required.Enter “C”.
2–7Number of 6 Required.Enter the total number of account holders being reported.
Account Holders Right justify and zero fill.
8–13Previously6 Enter the total number of account holders that were previously unin-
Uninsuredsured. Right justify and zero fill.
14–19Excludable6 Enter the total number of excludable account holders being reported.
Right justify and zero fill.
20–148Blanks129 Enter blanks.
149–150Blank or Carriage 2 Enter blanks or carriage return/line feed (CR/LF).
Return/Line Feed
“C” Record Layout
Record Type “C”Number of Account HoldersPreviously UninsuredExcludable
12–78–1314–19
BlanksBlanks or Carriage Return/Line Feed (CR/LF)
20-148 149–150

May 14, 200111802001–20 I.R.B.
8851 electronically. Only trustee infor-
mation should be provided on the Form
8851 when filing electronically. Please
annotate the Form 8851 with “Electronic
Filing” to indicate the method of filing.
The Form 8851 may also be faxed to
IRS/MCC in order to expedite electronic
processing. The fax number is (304) 264-
5602.
.02Electronic filers assign their own
logon name and password and do not
need prior or special approval.
.03For all passwords, it is the user’s
responsibility to remember the password
and not allow the password to be compro-
mised. Passwords are user assigned at
first logon and are up to 8 alpha/numerics,
which are case sensitive. However, if
filers forget their password, call 304-263-
8700for assistance. The FIRE System
will require users to change their pass-
words on a yearly basis.
Sec. 5. Electronic Submissions
.01Electronically filed information
may be submitted to IRS/MCC 24 hours a
day, 7 days a week. Technical assistance
will be available Monday through Friday
between 8:30 a.m. and 4:30 p.m. Eastern
time by calling 304-263-8700.
.02Files submitted electronically will
be assigned a unique filename by the FIRE
System (the users may name files any-
thing they choose from their end). The
filename assigned by the FIRE System will
consist of submission type [ORIG (origi-
nal), and REPL (replacement)], the filer’s
TCC and a four digit number sequence.
The sequence number will be incremented
for every file sent. For example, if it is
your first original file for the calendar year
and your TCC is 44444, the IRS assigned
filename would be ORIG.44444.0001.
Record the filename. This information
will be needed by MCC to identify the file,
if assistance is required.
.03 Filers are advised not to resubmit
an entire file if records were omitted
from the original transmission. This will
result in duplicate filing. A new file
should be sent consisting of the records
that had not previously been submitted.
.04The TCC in the Trustee “A”
Record must be the TCC used to transmit
the file; otherwise, the file will be consid-
ered an error.
Sec. 6. Electronic Filing
Specifications
.01The FIRE System is designed ex-
clusively for the filing of Forms 1042–S,
1098, 1099, 5498, 8027, 8851, W-2G and
Questionable W-4s.
.02A transmitter must call IRS/MCC
regarding the TCC and EIN to be used on
the FIRE System for Form 8851.
.03The results of the electronic trans-
mission of Form 8851 will be available in
the File Status area of the FIRE System
within 10 business days. It is the filer’s
responsibility to dial back to verify the ac-
ceptability of files submitted by checking
the file status area of the system. These
reports will be available on the electronic
system in 10 workdays after the transmis-
sion is received by IRS/MCC.
.04Connect to the FIRE System by
dialing 304-262-2400.This number sup-
ports analog connections from 1200bps to
56Kbps or ISDN BRI 128Kbps. The sys-
tem can be accessed via Dial-up net-
work/web browser (see Section 9)or
communications software (see Section
10). The Dial-up network/web browser
(point-to-point) will provide an Internet-
like look, however, it is not the Internet.
If you do not have this capability, a text
interface is provided that can be accessed
via communication software such as Hy-
perterminal, Procomm, PCAnywhere, etc.
Sec. 7. Dial-up
Network/Browser Specifications
(Web Interface)
.01 The following are some general in-
structions (many of these settings may al-
ready be set by default in your software):
Dial-up network settings:
(a) Set dial-up server type to PPP
(b)Set network protocol to TCP/IP
(c)Disable software compression
(d)Disable PPP-LCP extensions
Browser settings:
(a) Browser must be capable of file
uploads (i.e., Internet Explorer
4.0, Netscape 2.0 or higher)
(b) Enter the URL address of
http://10.225.224.2
, after you
have connected via dial-up (Re-
member, this is a point-to-point
connection, not the Internet.)
.02Due to the large number of commu-
nication products available, it is impossible
to provide specific information on all soft-
ware/hardware configurations. However,
since most filers use Windows 95, 98, NT,
2000, or ME software (more current ver-
sions are similar), the following instruc-
tions are geared toward those products:
UPLOADING FILES WITH DIAL-UP
NETWORKING/WEB BROWSER IN
WINDOWS 95/98/2000/ME
Tips
(1) This is a point-to-point connection –
not the Internet.
(2) Your browser must be capable of file
uploads, i.e., Internet Explorer 4.0 or
Netscape Navigator 2.0 or higher.
(3) If you currently access the Internet via
a LAN or a PROXY server, you will
need to disable those options in your
browser and enable ‘Connect to the
Internet using a modem’.
SelectPrograms
Accessories
Communications
(Windows 98)
Dial-Up Networking
First time connecting with Dial-Up Net
-
work(If you have logged on previously,
skip to Subsequent Dial-up Network Con-
nections.)
The first time you dial-in, you will
need to configure your Dial-Up
Networking.
Select ‘Make new connection’.
Type a descriptive name for the
system you are calling.
Select your modem.
Click ‘Next’.
Enter area code 304 and telephone
number262-2400.
Click ‘Next’.
When you receive a message
that you have successfully cre-
ated a new Dial-Up Networking
connection, click‘Finish’.
Click ‘Connect’ to dial. If you
are prompted for a user name
and password, complete accord-
ing to local procedures; other-
wise, click ‘OK’.
When you receive the message
that you have connected to our
system, click on your Web
Browser (remember, it is not
connecting via the Internet –
this is a point-to-point con-
nection).

2001–20 I.R.B.1181May 14, 2001
In the URL Address enter
http://10.225.224.2and press
ENTER.
Subsequent Dial-Up Network
connections
Click ‘Connect’.
If prompted for user name and
password, complete according
to local procedures; otherwise,
click ‘OK’.
When you receive ‘Connection
Complete’, click ‘OK’.
Click on your Web Browser (re-
member, you are not connect-
ing via the Internet).
In the URL Address enter
http://10.225.224.2and press
ENTER.
First time connection to the FIRE
System (If you have logged on
previously, skip to Subsequent
Connections to the FIRE System.)
Click ‘Create New Account’.
Fill out the registration form and
click ‘Create’.
Enter your logon name(most
users logon with their first and
last name).
Enter your password(the pass
word is user assigned and is case
sensitive).
Click ‘Create’.
If you receive the message ‘ac-
count created’, click ‘OK’.
Click ‘Start the FIRE
Application’
Subsequent connections to the FIRE
System
Click ‘Log On’.
Enter yourlogon name(most
users logon with their first and
last name).
Enter your password(the pass
word is user assigned and is case
sensitive).
At Menu Options:
Click ‘Information Returns’
Enter your TCC:
Enter your EIN:
Click ‘Submit’.
The system will then display the
company name, address, city, state,
ZIP code, contact and phone num-
ber. This information will be used to
contact or send any correspondence
regarding this transmission. Update
as appropriate and/or click ‘Accept’.
Click one of the following:
Original File
Replacement File(if you select
this option, select one of the fol-
lowing):
FIRE Replacement (file was
originally transmitted on this
system)
Click file to be replaced
or
Magnetic Media Replacement
File
Enter the alpha character from
Form 9267, Media Tracking
Slip, that was returned with
your correspondence request-
ing a replacement file.
Click ‘Submit’.
Enter the drive/path/filename of the
file you want to upload or click
‘Browse’to locate the file.
Click ‘Upload’.
When the upload is complete, the
screen will display the total bytes
received and the IRS assigned file
name.
If you have more files to upload for that
TCC:
Click ‘File Another’; other-
wise,
Click ‘Back to Main Menu’.
It is your responsibility to check the
acceptability of your file; therefore, be
sure to dial back into the system in 10
business days.
To check the acceptability of a previ-
ously submitted file:
At the Main Menu:
Click ‘File Stats’
Enter your TCC:
Enter your EIN:
Click on the appropriate filename
to get results.
If ‘Results’ indicate:
‘File Good’and you agree with
the ‘Count of Payees’ you are
finished with this file. (If you do
not want the file processed, you
must contact IRS/MCC with 10
days.)
‘File Bad’- Correct the errors and
resubmit the file as a ‘replace-
ment’.
‘Not Yet Processed’- File has
been received, but results are not
available. Please recheck in sev-
eral days.
Click on the desired file for a de-
tailed report of your transmis-
sion.
When finished viewing your files,
click on ‘Main Menu’.
Click ‘Log Off’.
Close your Web Browser.
IMPOR
TANT
Go back into your Dial-Up Network
and click ‘hang-up’; otherwise, you
may stay connected and incur
unnecessary phone charges.
Sec. 8. Communication
Software Specifications (Text
Interface)
.01Communications software settings
must be:
– No parity
– Eight data bits
– One stop bit
.02 Terminal Emulation must be
VT100.
.03Due to the large number of commu-
nication products available, it is impossi-
ble to provide specific information on all
software/hardware configurations. How-
ever, since filers use Windows 95, 98, NT,
2000, or ME software, the following in-
structions are most compatible with those
products (Procomm, PCAnywhere and
many other communications packages are
also acceptable and the product does not
necessarily need to be Windows based.)
Uploading Files Using Hyper
terminal
in Windows 95, 98, NT, 2000, or ME
SelectPrograms
Accessories
Communications (Windows 98)
Hyperterminal
The first time you log on, select
Hyperterminal, Hypertermor
Hyperterm.exe, whichever is avail-
able on your system. With subsequent
connections, select the saved icon.

May 14, 200111822001–20 I.R.B.
A box will appear titled ‘Connection
Description’.
Enter a name and choose an icon
for the connection:
Country Code: United States of
America
Area Code: 304
Phone Number: 262-2400
Connect Using: (default)
(If you need to modify the phone
number, select File,then Properties
to enter defaults for the area code,
phone numbers and/or special access
codes.)
Click on Dial.
A ‘Connect’ box will appear to show
the status.
Once you have connected to the
FIRE System, if you do not get a
menu within a few seconds, press the
ENTERkey one time.
First Time Logon
When you have connected to the
system, enter ‘new’ to create your
logon name and password.
Complete the registration infor-
mation and enter ‘y’ to create ac-
count.
Logon Name and Password
Logon Name: Enter a logon
name. Most users enter their first
and last name as the logon name.
Password: Enter a password of
your choosing (1-8 alpha/numer-
ics - case sensitive).
After entering the password, you
will go to the Main Menu.
Transferring Your Electronic File
Enter ‘A’for Electronic Filing.
After reading Information Notice,
pressENTER.
Enter ‘A’ for Forms 1098, 1099,
5498, W-2G, 1042–S, 8027, 8851,
and Questionable Forms
W-4.
Press the Tab key to advance to
TCC box; otherwise, enter ‘E’to
exit.
Enter your TCC:
Enter your EIN:
The system will then display the
company name, address, city,
state, ZIP code, and phone num-
ber. This information will be used
for correspondence regarding this
transmission. If you need to up-
date, enter ‘n’ to change informa-
tion; otherwise, enter ‘y’ to accept.
Select one of the following:
‘A’ for an Original file
‘B’ for a Replacement file
If you selected ‘B’ for a replacement
file, select one of the following:
‘A’ Replacement Files For This
System
This option is to replace an
original file that was submit-
ted electronically on this sys-
tem but was bad and requires
replacement.
Select the file to be replaced.
or
‘B’ Magnetic media replacement
files
Enter the alpha character
from Form 9267, Media
Tracking Slip, that was sent
with the correspondence re-
questing a replacement file.
Choose one of the following proto-
cols (Hyperterminal is normally set
to Zmodem by default):
X- Xmodem
Y- Ymodem
Z- Zmodem (Zmodem will nor-
mally give you the fastest
transfer rate.)
At this point, you must start the up-
load from your PC.
To send a file:
Go to the hyperterminal menu
bar.
Click on Transfer.
Click on Send file.
A box will appear titled ‘Send File’.
Enter the drive/path/filename or
click on Browseto locate your file.
Click on Send.
When the upload is complete, the
screen will display the total bytes
received and the IRS assigned file
name.
Press ENTERto continue.
If you have more files to send for the
same TCC/EIN, enter ‘y’; otherwise,
enter ‘n’.
It is your responsibility to check the
acceptability of your file; therefore,
be sure to dial back into the system in
10 business days.
To check the acceptability of a previous-
ly submitted file:
At the Main Menu:
Enter ‘B’ for file status.
Press the Tab key to advance to TCC
box; otherwise, enter ‘E’ to exit.
Enter your TCC:
Enter your EIN:
Choose the appropriate option.
Tab to the file you want to look at
and press ENTER.
If ‘Results’ indicate:
‘File Good’and you agree with the
‘Count of Payees’ you are finished
with this file. (If you do not want the
file processed, you must contact
IRS/MCC within 10 days.)
‘File Bad’- Correct the errors and
resubmit the file as a replacement.
‘Not Yet Processed’- File has been
received, results are not available.
Please recheck in several days.
When you are finished, enter ‘E’ from
the ‘Main Menu’ to logoff.
Enter ‘2’ to hang-up.
Sec. 9. Modem Configuration
.01Hardware features
(a)Enable hardware flow control
(b)Enable modem error control
(c)Enable modem compression

2001–20 I.R.B.1183May 14, 2001
Advance Notice of Proposed
Rulemaking
New Markets Tax Credit
Announcement 2001–49
AGENCY: Internal Revenue Service
(IRS), Treasury.
ACTION: Advance notice of proposed
rulemaking.
SUMMARY: This document invites com-
ments from the public on issues that the
IRS may address in regulations relating to
the new markets tax credit under section
45D. A taxpayer that makes a qualified
equity investment in a qualified commu-
nity development entity that has received
a new markets tax credit allocation may
claim a 5-percent credit for each of the
first 3 years and a 6-percent tax credit for
each of the next 4 years. All materials
submitted will be available for public
inspection and copying.
DATES: Written and electronic com-
ments must be submitted by July 2, 2001
ADDRESSES: Send submissions to:
CC:M&SP:RU (REG-119436-01), room
5226, Internal Revenue Service, POB
7604, Ben Franklin Station, Washington,
DC 20044. Submissions may be hand
delivered Monday through Friday
between the hours of 8 a.m. and
5 p.m. to: CC:M&SP:RU (REG-119436
-01), Courier’s Desk, Internal Revenue
Service, 1111 Constitution Avenue NW,
Washington, DC. Alternatively, taxpayers
may send submissions electronically via
the Internet by selecting the “Tax Regs”
option on the IRS Home Page, or directly
to the IRS Internet site at
http://www.irs.ustreas.gov/tax_regs/regsli
st.html.
FOR FURTHER INFORMATION CON-
TACT: Concerning submissions, the
Regulations Unit, (202) 622-7180; con-
cerning the proposals, Paul Handleman
(202) 622-3040 (not toll-free numbers).
SUPPLEMENTARY INFORMATION:
Section 121(a) of the Community
Renewal Tax Relief Act of 2000 (Public
Law 106-554) (Act), amended the Internal
Revenue Code (Code) to add the new mar-
kets tax credit. Section 45D(a)(1) of the
Code provides a new markets tax credit on
a credit allowance date in an amount equal
to the applicable percentage of the taxpay-
er’s qualified equity investment in a quali-
fied community development entity (CDE).
The credit allowance date for any qualified
equity investment is the date on which the
investment is initially made and each of the
6 anniversary dates thereafter. The applica-
ble percentage is 5 percent for the first 3
credit allowance dates and 6 percent for the
remaining credit allowance dates.
In addition, section 121(f) of the Act
provides that not later than 120 days after
the date of the enactment of the Act (Dec.
21, 2000), Treasury will issue guidance
specifying how entities will apply for an
allocation under section 45D(f)(2); the
competitive procedure through which the
allocations are made; and the actions that
Treasury will take to ensure that the allo-
cations are properly made to appropriate
entities. The Secretary of the Treasury
has delegated authority for issuing this
guidance to the Under Secretary
(Domestic Finance), who in turn has dele-
gated the authority to the Director of
Treasury’s Community Development
Financial Institutions Fund (Fund).
Simultaneously with the issuance of this
advance notice of proposed rulemaking,
the Fund is issuing separate guidance on
how an entity may apply to become certi-
fied as a CDE; how a CDE may apply to
receive an allocation of new markets tax
credits; the competitive procedure
through which the allocations will be
made; and the actions that Treasury will
take to ensure that the allocations are
properly made to appropriate entities.
In developing guidance to assist tax-
payers in applying the rules of section
45D, the IRS has identified certain issues
that may be considered for guidance or
other administrative pronouncements.
The IRS invites comments from the pub-
lic on the following issues and any other
issues for which taxpayers believe guid-
ance is needed.
1. The new markets tax credit may be
claimed only with respect to qualified
equity investments in a CDE. Section
45D(b)(1)(B) requires CDEs to use sub-
stantially all of the cash from a qualified
equity investment to make qualified low-
income community investments.
(a) How should “substantially all” be
defined for purposes of section
45D(b)(1)(B)? For example, what per-
centage should constitute “substantially
all” of the cash from a qualified equity
investment?
(b) What amounts should be treated
as used to make qualified low-income
community investments? For example,
how should issuance costs (including
underwriter’s compensation) and reserves
be treated?
(c) How much time under section
45D(b)(1)(B) should a CDE have to
invest the cash from a qualified equity
investment in a qualified low-income
community investment?
(d) How should repayments of equity
or principal in respect of a qualified low-
income community investment be treated
for purposes of section 45D(b)(1)(B)? For
example, are there circumstances when a
CDE should not be required to reinvest
any such amounts in another qualified
low-income community investment during
the 7-year credit period?
(e) How should the “substantially
all” requirement under section
45D(b)(1)(B) be administered during the
7-year credit period?
2. Section 45D(b)(3) contains a safe
harbor under which the “substantially all”
requirement of section 45D(b)(1)(B) will
be treated as met if at least 85 percent of
the aggregate gross assets of the CDE are
invested in qualified low-income commu-
nity investments.
(a) How should “aggregate gross
assets” be defined under section
45D(b)(3)? For example, are there any
assets of a CDE that should not be taken
into account for these purposes?
(b) How should the aggregate gross
assets of a CDE be determined under sec-
tion 45D(b)(3)?
(c) How should compliance with the
85 percent test of section 45D(b)(3) be
determined? For example, should the
CDE be required to satisfy the test
throughout the entire 7-year credit period
following the issuance of a qualified equi-
ty investment? Should any grace periods
be provided? If so, what should those
grace periods be?
3. As indicated previously, section
45D(b)(1)(B) requires CDEs to use sub-
Part IV. Items of General Interest

May 14, 200111842001–20 I.R.B.
stantially all of the cash with respect to a
qualified equity investment to make quali-
fied low-income community investments.
Under section 45D(d)(1)(A), the term
“qualified low-income community invest-
ment” includes any capital or equity invest-
ment in, or loan to, any qualified active
low-income community business. Section
45D(d)(2)(A) provides that the term “qual-
ified active low-income community busi-
ness” means, with respect to any taxable
year, any corporation (including a non-
profit corporation) or partnership if for the
year (i) at least 50 percent of the total gross
income of the entity is derived from the
active conduct of a qualified business (as
defined in section 45D(d)(3)) within any
low-income community, (ii) a substantial
portion of the use of the tangible property
of the entity is within any low-income
community, (iii) a substantial portion of the
services performed for the entity by its
employees is performed in any low-income
community, (iv) less than 5 percent of the
average of the aggregate unadjusted bases
of the property of the entity is attributable
to collectibles (as defined in section
408(m)(2)) other than collectibles that are
held primarily for sale to customers in the
ordinary course of the business, and (v)
less than 5 percent of the average of the
aggregate unadjusted bases of the property
of the entity is attributable to nonqualified
financial property (as defined in section
1397C(e)).
(a) How should “substantial portion”
be defined for purposes of section
45D(d)(2)(A)(ii) and (iii)?
(b) When should the determination
be made regarding whether a trade or
business constitutes a “qualified active
low-income community business”? For
example, should the determination be
made at the time of the investment in the
business based on reasonable expecta-
tions? Under what circumstances, if any,
should an investment in a business lose its
status as a “qualified low-income commu-
nity investment” under section
45D(d)(1)(A) by reason of a failure of the
business to satisfy the requirements for a
qualified active low-income community
business under section 45D(d)(2)?
Should the degree of control of the CDE
over the business be relevant to this deter-
mination?
(c) Should special rules be provided
under section 45D(d)(2)(A) for determin-
ing whether a newly-formed entity meets
the requirements for a qualified active
low-income community business?
4. Section 45D(d)(1)(C) provides that
the term “qualified low-income communi-
ty investment” includes financial counsel-
ing and other services to businesses locat-
ed in, and residents of, low-income
communities. What types of services
should constitute “financial counseling
and other services” for these purposes?
5. Section 45D(d)(1)(D) provides that
the term “qualified low-income communi-
ty investment” includes any equity invest-
ment in, or loan, to a CDE.
(a) What restrictions, if any, should
apply to the use by a CDE of the proceeds
of a qualified low-income community
investment received from another CDE?
(b) Under what circumstances, if
any, should an investment by one CDE in
another CDE lose its status as a “qualified
low-income community investment”
under section 45D(d)(1)(D)? Should the
degree of control of the investing CDE
over the other CDE be relevant to this
determination?
6. Under section 45D(g)(3)(B), a
recapture event (requiring an investor to
recapture credits previously taken) may
occur with respect to an equity investment
in a CDE if the CDE ceases to use sub-
stantially all of the proceeds of the equity
investment for qualified low-income com-
munity investments.
(a) What circumstances should con-
stitute a change in use of the proceeds of
a qualified equity investment that triggers
a recapture event under section
45D(g)(3)(B)?
(b) What remedial action(s), if any,
should a CDE be permitted to take to
avoid recapture under section
45D(g)(3)(B)?
7. Section 45D(i)(1) provides that
Treasury may prescribe regulations that
limit the new markets tax credit for
investments that are directly or indirectly
subsidized by other Federal tax benefits
(including the low-income housing tax
credit under section 42 and the exclusion
from gross income under section 103).
Under what circumstances should invest-
ments be treated as directly or indirectly
subsidized by other Federal tax benefits?
8. Section 45D(i)(2) and (4) provides
that Treasury may prescribe regulations
that prevent the abuse of the purposes of
section 45D and that impose appropriate
reporting requirements.
(a) What anti-abuse rules may be
necessary for carrying out section 45D?
(b) What types of reporting require-
ments should be imposed for carrying out
section 45D?
Marlene Gross,
Deputy Associate Chief Counsel
(Passthroughs and Special Industries).
(Filed by the Office of the Federal Register on April
30, 2001, 8:45 a.m., and published in the issue of the
Federal Register for May 1, 2001, 66 F.R. 21843)
Guidance on Reporting of
Deposit Interest Paid to
Nonresident Aliens; Correction
Announcement 2001-50
AGENCY: Internal Revenue Service
(IRS), Treasury.
ACTION: Correction to notice of pro-
posed rulemaking and notice of public
hearing.
SUMMARY: This document contains
corrections to REG-126100-00 (2001-11
I.R.B. 862), which was published in the
Federal Registeron Wednesday, January
17, 2001 (66 FR 3925). These regulations
provide guidance on the reporting re-
quirements for interest on deposits main-
tained at the U.S. office of certain finan-
cial institutions and paid to nonresident
alien individuals.
FOR FURTHER INFORMATION CON-
TACT: Kate Y. Hwa (202) 622-3840 (not
a toll-free number).
SUPPLEMENTARY INFORMATION:
Background
The notice of proposed rulemaking and
notice of public hearing that is the subject
of these corrections is under section 6049
of the Internal Revenue Code.
Need for Correction
As published, REG-126100-00 con-
tains errors which may prove to be mis-
leading and are in need of clarification.
1. On page 3927, column 1, in the pre-
amble, under the paragraph heading
“Comments and Public Hearing”, second

2001–20 I.R.B.1185May 14, 2001
paragraph, line 2, the language “for
March 31, 2001, beginning at 10 a.m.” is
corrected to read “for March 21, 2001, be-
ginning at 10 a.m.”.
§1.6049-4 [Corrected]
2. On page 3927, column 3, §1.6049-
4(b)(5)(ii), lines 5 through 8, the lan-
guage “published in the Federal Register
with respect to a Form W-8 (Certificate of
Foreign Status) furnished to the payor or
middleman after that date. (For interest”
is corrected to read “published in the Fed-
eral Register. (For interest”.
Cynthia Grigsby,
Chief, Regulations Unit,
Office of Special Counsel
(Modernization & Strategic Planning).
(Filed by the Office of the Federal Register on
March 20, 2001, 8:45 a.m., and published in the
issue of the Federal Register for March 21, 2001, 66
F.R. 15820)
Stock Transfer Rules: Carryover
of Earnings and Taxes;
Correction
Announcement 2001-51
AGENCY: Internal Revenue Service
(IRS), Treasury.
ACTION: Correction to notice of pro-
posed rulemaking and notice of public
hearing.
SUMMARY: This document contains
corrections to a notice of proposed rule-
making and notice of public hearing
(REG-116050-99, 2000-48 I.R.B. 520)
that was published in the Federal Regis-
teron Wednesday, November 15, 2000
(65 FR 69138), relating to the carryover
of certain tax attributes, such as earnings
and profits and foreign income tax ac-
counts, when two corporations combine
in a section 367(b) transaction.
FOR FURTHER INFORMATION CON-
TACT: Anne O’Connell Devereaux (202)
622-3850 (not a toll-free number).
SUPPLEMENTARY INFORMATION:
Background
The notice of proposed rulemaking and
notice of public hearing (REG-116050-
99) that is the subject of these corrections
is under section 367 of the Internal Rev-
enue Code.
Need for Correction
As published the notice of proposed
rulemaking and notice of public hearing
(REG-116050-99), contains errors that
may prove to be misleading and are in
need of clarification.
Correction of Publication
Accordingly, the publication of the no-
tice of proposed rulemaking and notice of
public hearing (REG-116050-99), which
was the subject of FR Doc. 00-28950, is
corrected as follows:
1. On page 69139, column 3, in the
preamble under the paragraph heading C.
Specific Policies Related to Foreign 381
Transactions (Prop. Reg. §1.367(b)-7),
first full paragraph in the column, line 6,
the language “corporation as defined in
section 957” is corrected to read “corpo-
ration as defined in section 953 or 957”.
2. On page 69140, column 3, in the
preamble under the paragraph heading C.
Specific Policies Related to Foreign 381
Transactions (Prop. Reg. §1.367(b)-7),
the first full paragraph, the last 2 lines, the
language “opportunities to traffic in for-
eign tax credits.” is corrected to read “op-
portunities to traffic in foreign taxes”.
§1.367(b)-3 [Corrected]
3. On page 69149, column 3,
§1.367(b)-3(f), last line in the column, the
language “specifically provided (see,
e.g., 89-79” is corrected to read “specifi-
cally provided (see, e.g., Notice 89-79”.
§1.367(b)-8 [Corrected]
4. On page 69176, §1.367(b)-8(d)(6),
paragraph (ii)(D) of Example 3, the table
is corrected to read as follows:
§1.367(b)-8 Allocation of earnings and
profits and foreign income taxes in
certain foreign corporate separations.
* * * * *
(d) * * *
(6) * * *
Example 3. * * *
(ii) * * *
(D) * * *
Separate categoryE&PForeign taxes
General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .150u$30
Shipping . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .100u40
250u70
* * * * *
5. On page 69176, column 1,
§1.367(b)-8(d)(6), paragraph (ii)(E) of
Example 3, line 12, the language “stock to
$525. Because the fair market value” is
corrected to read “stock to $425. Because
the fair market value”.
6. On page 69176, column 1,
§1.367(b)-8(d)(6), paragraph (ii)(E) of
Example 3, the last line in the column pre-
ceding the second table, the language
“$75. See also paragraph (d)(2)(iii)(C) of
this” is corrected to read “$175. See also
paragraph (d)(2)(iii)(C) of this”.
7. On page 69178, column 3,
§1.367(b)-8(e)(6), paragraph (ii)(B) of
Example 2., lines 5 through 9 from the
bottom of the paragraph, the language
“shipping separate category (along with
$50 of foreign income taxes) and
166.67u (200u-(100u x (200u 4600u)))
of available earnings in the section
904(d)(1)(D) shipping separate category
(along with $80 of foreign income” is
corrected to read “shipping separate cat-
egory (along with $80 of foreign in-
come”.

May 14, 200111862001–20 I.R.B.
Cynthia E. Grigsby,
Chief, Regulations Unit,
Office of Special Counsel
(Modernization & Strategic Planning).
(Filed by the Office of the Federal Register on
March 9, 2001, 8:45 a.m., and published in the issue
of the Federal Register for March 12, 2001, 66 F.R.
14350)
Exclusion of Gain From Sale or
Exchange of a Principal
Residence; Correction
Announcement 2001-52
AGENCY: Internal Revenue Service
(IRS), Treasury.
ACTION: Correction to notice of pro-
posed rulemaking and notice of public
hearing.
SUMMARY: This document contains
corrections to a notice of proposed rule-
making and notice of public hearing
(REG-105235-99, 2000-44 I.R.B. 447)
that was published in the Federal Regis-
teron Tuesday, October 10, 2000 (65 FR
60136), relating to the exclusion of gain
from the sale or exchange of taxpayer’s
principal residence.
FOR FURTHER INFORMATION CON-
TACT: Sara P. Shepherd at (202) 622-
4910 (not a toll-free number).
SUPPLEMENTARY INFORMATION:
Background
The notice of proposed rulemaking and
notice of public hearing that is the subject
of these corrections is under section 121
of the Internal Revenue Code.
Need for Correction
As published, the notice of proposed
rulemaking and notice of public hearing
contains errors that may prove to be mis-
leading and are in need of clarification.
Correction of Publication
Accordingly, the publication of the no-
tice of proposed rulemaking and notice of
public hearing (REG-105235-99), that
was the subject of FR Doc. 00-25482, is
corrected as follows:
§1.121-1 [Corrected]
1. On page 60139, column 1, §1.121-1,
paragraph (f), Example 9, third line from
the bottom of the paragraph, the language
“$5,000 of which adjusted net capital
gain). J” is corrected to read “$5,000 of
which is adjusted net capital gain). J”.
§1.121-2 [Corrected]
2. On page 60139, column 2, §1.121-2,
paragraph (b)(3), Example 1, line three,
the language “sale is $256,000. A and B
meet the” is corrected to read “sale is
$256,000. H and W meet the”.
Cynthia E. Grigsby,
Chief, Regulations Unit,
Office of Special Counsel
(Modernization and Strategic Planning).
(Filed by the Office of the Federal Register on
March 12, 2001, 8:45 a.m., and published in the
issue of the Federal Register for March 13, 2001, 66
F.R. 14512)
Purchase Price Allocation in
Deemed and Actual Asset
Acquisitions; Correction
Announcement 2001-53
AGENCY: Internal Revenue Service
(IRS), Treasury.
ACTION: Correction to final regulations.
SUMMARY: This document contains
corrections to final regulations (T.D.
8940, 2001-15 I.R.B. 1016) relating to
deemed and actual asset acquisitions
under sections 338 and 1060. The final
regulations were published in the Federal
Registeron Tuesday, February 13, 2001
(66 FR 9925).
DATES: This correction is effective
March 16, 2001.
FOR FURTHER INFORMATION CON-
TACT: Richard Starke (202) 622-7790
(not a toll-free number).
SUPPLEMENTARY INFORMATION:
Background
The final regulations that are the subject
of these corrections are under sections 338
and 1060 of the Internal Revenue Code.
Need for Correction
As published, the final regulations con-
tain an error that may prove to be mis-
leading and is in need of clarification.
Correction of Publication
Accordingly, the publication of the
final regulations (T.D. 8940), that were
the subject of FR Doc. 01-981, is cor-
rected as follows:
1. On page 9929, in the table, the entry
for §1.197-2(k), Example 23is corrected
to read as follows:
Section RemoveAdd
* * * * * * * * * ** * * * *
1.197-2(k), Example 23, paragraph (iv)(as these terms are defined(as these terms are defined in
first sentence in §1.338-1(c)(13))§1.338-2(c)(17))
* * * * ** * * * ** * * * *

2001–20 I.R.B.1187May 14, 2001
§1.338-3 [Corrected]
2. On page 9935, column 3, §1.338-3,
paragraph (b)(3)(iv), paragraph (ii) of
Example 1., line 9 from the bottom of the
paragraph, the language “338(h)(3)
(A)(iii). See §1.338-2(b)(3)(ii)(C).” is
corrected to read “338(h)(3)(A)(iii). See
§1.338-3(b)(3)(ii)(C)”.
§1.338-6 [Corrected]
3. On page 9944, column 3, §1.338-6,
paragraph (d), paragraph (ix) of Example 1
line 1, the language “The liabilities of T as
of the beginning” is corrected to read “The
liabilities of T1 as of the beginning”.
Cynthia E. Grigsby,
Chief, Regulations Unit,
Office of Special Counsel
(Modernization and Strategic Planning).
(Filed by the Office of the Federal Register on
March 29, 2001, 8:45 a.m., and published in the
issue of the Federal Register for March 30, 2001, 66
F.R. 17362)
Foundations Status of Certain
Organizations
Announcement 2001–57
The following organizations have failed
to establish or have been unable to maintain
their status as public charities or as operat-
ing foundations. Accordingly, grantors and
contributors may not, after this date, rely on
previous rulings or designations in the Cu-
mulative List of Organizations (Publication
78), or on the presumption arising from the
filing of notices under section 508(b) of the
Code. This listing does notindicate that the
organizations have lost their status as orga-
nizations described in section 501(c)(3), eli-
gible to receive deductible contributions.
Former Public Charities.The following
organizations (which have been treated as
organizations that are not private founda-
tions described in section 509(a) of the
Code) are now classified as private foun-
dations:
13th and Pendleton Arts Center,
Fruitland, NM
Acon Bridging the Gap,
Laguna Niguel, CA
Adoption Resource Center,
Long Beach, CA
Aids Food Store, Inc., Long Beach, CA
Alternatives for Battered Women,
Columbus, OH
American Association of Laboratory
Animal Science-Southern Ohio
Branch, Milford, OH
American Friends of Religious Freedom
in Israel Hemdat Afrf, Inc.,
Palm Springs, CA
American Indian Movement Confederation
of Autonomous, Anaheim, CA
American Senior Theatre Company,
Mt. Vernon, OH
Anaheim Amateur Hockey Association,
Huntington Beach, CA
Andres Rojas Memorial Fund,
Chula Vista, CA
Angelus Plaza East, Inc.,
Long Beach, CA
Animal Sanctuary, Franklin, OH
An-Nasr Social Services Center, Inc.,
Jacksonville, FL
Anndorr Incorporation,
Pacific Palisades, CA
Any Body Can Youth Resorts
Foundation, San Diego, CA
Appleseed Childcare Center, Inc.,
Mansfield, OH
Artability Artists, Long Beach, CA
As He is Ministries, Redondo Beach, CA
Association to Broaden Learning
Experiences, Inc., Huber Hts., OH
Assumption Alumnae Association
Abroad of Southern California,
San Pedro, CA
Autism Coalition for Creative
Educational & Social Services,
Irvine, CA
Avondale Coalition of Churches,
Cincinnati, OH
Awakening Hand in Hand Forever,
San Diego, CA
Baptist Ministries United of San Diego,
San Diego, CA
Barberton Youth Football Association,
Barberton, OH
Basic Re-Education Against Violent
Environments, San Diego, CA
Beacon Glenn Resident Counsel,
Cincinnati, OH
Bernice Troy Home, Columbus, OH
Bethel Foster Family Agency, Covina, CA
Blue Chip Figure Skating Association,
Cincinnati, OH
Blue Waters Festival, San Diego, CA
Bombrule Association, Riverside, CA
Boyds Hot Rod & Harley Extravaganza,
La Habra Hgts., CA
Braasch Ministries, Inc., Tulsa, OK
Bridge Development Center,
Long Beach, CA
Brighter Future Maternity Home, Inc.,
Cleveland, OH
Buena Park-So Cal Judo-Wrestling Club,
Buena Park, CA
Butch Reynolds Care for Kids
Foundation, Columbus, OH
Cabbage Patch Kids Daycare Center,
Inc., Marrero, LA
California Council Physical Fitness &
Sports, Irvine, CA
California Institute for Enhanced
Learning Outcomes, Carlsbad, CA
California Neuropsychological Institute,
San Diego, CA
California Senior Drivers Association,
Inc., Orange, CA
Camden Recreation Association, Inc.,
Camden, OH
Capitol Ballet Studio, Inc.,
Washington, DC
Care for our Lords Animals,
Palm Desert, CA
Caring Resource Center, Inc.,
Springfield, OH
Carol Madden Scholarship Fund of
Seasons, Inc., Cincinnati, OH
Castine Area Food Bank, Inc.,
Arcanum, OH
Cavitenos of Southern California USA,
Cerritos, CA
Cavu Foundation, Rocky River, OH
Cbc Enterprises, Cincinnati, OH
Celebrity Corps, Lakewood, CA
Center for American Ingenuity,
Carmel, CA
Center for Historical Analysis,
Huntington Beach, CA
Center for Perinatal and Family Support,
Cleveland, OH
Century Care Foundation, Santa Ana, CA
Chapel Ridge Botanical Gardens, Inc.,
S. Bloomingville, OH
Charity Without Borders, Inc.,
Garden Grove, CA
Cherry Grove Gardens, Inc.,
Lancaster, OH
Christ Emmanuel Ministries, Inc.,
Cincinnati, OH
Christian Covenant Group, Columbus, OH
Christian Gays and Lesbians for Justice,
Inc., Newport Beach, CA
Christians United for Life, Inc.,
Cleveland, OH
Cincinnati Hockey 96, Inc., Cincinnati, OH
Citizens Committee for County
Government Reform, Cleveland, OH
Cleveland Soo Bahk Do Cultural
Association, Lakewood, OH

May 14, 200111882001–20 I.R.B.
Club Hueyapense Poblano,
Southgate, CA
Club Sober, Inc., Brewster, NY
Club Villa Hidalgo San Luis Potosi
Mexico, Lakewood, CA
Colgan Foundation, Encinitas, CA
Columbus Tennis Foundation, Inc.,
Westerville, OH
Committed Parents for Afrikan Culture &
Quality Education, Inc.,
Columbus, OH
Community Church of Palm Desert,
Rancho Mirage, CA
Community Counseling Associates,
Gardena, CA
Connecticut Re-Employment Workshops,
Inc., Avon, CT
Consumer Credit Counseling Corsortium
of California, San Diego, CA
Corona Legal Services Clinic,
Corona, CA
Countywide Outreach Program Services,
Inc., Columbus, OH
Cox-Long Community Development,
Inc., Harbor City, CA
Crown of Beauty Ministries,
Rch Cucamonga, CA
Cybertouch Foundation, Issaquah, WA
Dana Point Youth Aquatic Foundation,
Dana Point, CA
Delta Gamma Lambda Foundation, Inc.,
Cincinnati, OH
DGI Services, Inc., Riverside, CA
Divisions Ministries, Inc., Clinton, NC
Dream Works Institute, Carlsbad, CA
Drug Free Partners, Inc., Thompson, OH
Eagle Rock, Inc., Lebanon, OH
East 93rd Street Club, Inc.,
Cleveland, OH
Electric Vehicle Association of North
Carolina, Durham, NC
Emanuel 2000 Partnership, Inc.,
Swainsboro, GA
Emergency Wildlife Rehab,
Lakeside, CA
Epiphanies, Inc., Marion, OH
Executors-Strictly Business, Dayton, OH
Families Against Violence Crime,
Cathedral City, CA
Family Intervention Parenting Program,
Inc., San Diego, CA
Fangs Gang, Inc., Reisterstown, MD
Fatow Ministries, Inc., Knoxville, TN
First 50 Productions, Inc., Cincinnati, OH
First Baptist Korean Church,
Fontana, CA
Flonzie B. Wright Scholarship Fund, Inc.,
Germantown, OH
Flyers Track Club, Inc., Cleveland, OH
Forest Green, San Diego, CA
Foundation for Chinese Christian
Authors, Cincinnati, OH
Foundation for Chino Valley Education,
Chino, CA
Friends of Crest, El Cajon, CA
Friends of Lulu, Lompoc, CA
Friends of the International School of
Amsterdam, Inc., Palm Harbor, FL
Frontline Christian Center, Cypress, CA
Fulford Flag Foundation, Inc.,
Madison, FL
Gardena Valley Art Association,
Torrance, CA
GE Aircraft Engines African American
Forum, Cincinnati, OH
Gene Affective Disorders Institute,
Pittsburgh, PA
Get in the Game, Redondo Beach, CA
G.I.F.T.T. Inc., Flintstone, GA
Global Christian Education & Youth
Ministry, Fullerton, CA
Golden Endings-Golden Retriever
Rescue, Ostrander, OH
Goodhope Educational Group Home,
Inc., East Point, GA
Grand Terrace Swim Club,
Corona, CA
Granite Hills High School Girls Aquatics,
Spring Valley, CA
Greater Cincinnati Area Safety Council,
Addyston, OH
Greek Childrens Fund at Memorial
Sloan Kettering Cancer Center,
Paramus, NJ
Greenlaw Community Housing
Development Organization, Inc.,
Memphis, TN
Hamilton Appalachian Peoples Service
Organization, Hamilton, OH
Hannaford Hall Social Club Assoc.,
Hamilton, OH
Harbor Community Fund Organization,
San Pedro, CA
Hawaiian Gardens Food Bank, Inc.,
Hawaiian Gardens, CA
Hds, Inc., Palm Desert, CA
Healing Foundation, Pepper Pike, OH
Helping Hand Housing Association,
Newport Beach, CA
Helping Hand Thrift Store,
Youngstown, OH
Hemet Ballet, San Jacinto, CA
Hidden Treasures Domestic Violence
Program, London, OH
Hill Manor I, Inc., Columbus, OH
Hill Manor II, Inc., Columbus, OH
Historical Air Museum Foundation,
Irvine, CA
Home Together, Inc., San Diego, CA
Homer Pellegrinon Memorial
Scholarship Fund, Gallipolis, OH
Homeward Bound House, Whitehall, OH
Horn of Salvation Ministry, Stanton, OH
Hospice by the Sea Foundation,
Solana Beach, CA
Huntington Beach High School
Foundation, Huntington Beach, CA
I Am Somebody, Fairfield, OH
Imani Community Action Partners, Inc.,
Cleveland, OH
Immigration & Refugee Assistance
Center, El Cajon, CA
Improve Foundation, Santa Ana, CA
Indio Arts Foundation, Indio, CA
International Dolphin Project,
Incorporated, Ventura, CA
International Recovery & Development
for Ethiopia, Fullerton, CA
International Society of Urologic
Pathology, Washington, DC
Jericho Evangelistic Ministries,
Lakeside, CA
Jonathan Foundation, Anaheim, CA
Jump Start Learning is Fun,
Middletown, OH
Junior Warriors for Jesus,
National City, CA
Juvenile Firesetter Education Council of
Clermont County, Inc., Cincinnati, OH
Juventus Soccer Club, Tallmadge, OH
Kids in Difficult Situations, Inc.,
San Pedro, CA
Kids with Urea Cycle Disorders Research
Enterprise, Inc., Anaheim, CA
Kingdom Ministries, Inc., Covington, KY
Knorr Lymhedema Information and Care
Foundation, Inc., Shaker Heights, OH
Korean American Retailers Foundation,
Santa Ana, CA
Korean Community Public Library,
Garden Grove, CA
La Quinta Wildcats Softball Association,
La Quinta, CA
La Va Love Angels, Inc., Torrance, CA
Laymens Conference, Inc.,
Lyndhurst, OH
Legacy Park, San Marcos, CA
Leipsic Association for Parks and Pools,
Leipsic, OH
Lesbian Health News, Inc.,
Columbus, OH
Liberty Center Historical Society, Inc.,
Liberty Ctr., OH
Licking County Stallions, Newark, OH

2001–20 I.R.B.1189May 14, 2001
Light of the World Ministries, Inc.,
St. Petersburg, FL
Linn Skinner Foundation, Columbus, OH
Living Dreams of Ohio, Inc.,
Columbus, OH
Living Hope, Centerville, OH
Marriage Family Enrichment Program,
Laguna Hills, CA
Marysville Housing II, Inc.,
Marysville, OH
McComb Community Awareness, Inc.,
McComb, OH
Med-Life Foundation, Westminster, CA
Melissa Margaret Mueller Fund,
Bloomington, CA
Mercy Flight of Ohio, Columbus, OH
Mercy Health System-Western Ohio
Foundation, Springfield, OH
Metro Area Justice Interfaith Committee,
Birmingham, AL
Mexican American Neighbor
Organization, San Diego, CA
Michigan Street Community
Development Corp., Memphis, TN
Mis Foundation-U-S-A-Inc.,
San Diego, CA
Muslim Prisoner Association of America,
Akron, OH
National Math and Science Federation,
Inc., San Juan Capo, CA
Neighborhood Citizens Committee,
Long Beach, CA
New Community Center, Irvine, CA
New Covenant Urban and Disabled
Community Services, Inc.,
San Diego, CA
New Creations Ministries, Inc.,
La Jolla, CA
New Day Resources, Inc., Torrance, CA
New Morning Light Community
Development, Inc., Conley GA
Niagara Historical Society, Inc.,
Niagara, WI
North Avondale Daycare Center, Inc.,
Cincinnati, OH
North County Winterball Association,
Carlsbad, CA
North Hanna Foundation Educational
Fund, Lansing, MI
Northeastern Pennsylvania Conservancy,
Pittston, PA
Northern Ohio Branch of the American
Association for Laboratory Science,
Cleveland, OH
Northern Ohio Naiop Charities, Inc.,
Independence, OH
Northwest Ohio Youth Basketball
League, Toledo, OH
Nub Relief Rehabilitation and
Development Society,
Cincinnati, OH
Ohio Coalition for Music Education, Inc.,
Columbus, OH
Ohio Emergency Medical Services
Foundation, Wilmington, OH
Ohio Legislative Host Committee, Inc.,
Columbus, OH
Onelife International, Inc.,
Newport Beach, CA
Operation Youth, Inc., Portland, TN
Orphans Industries, Dayton, OH
Pacific Housing Foundation,
San Diego, CA
Pallas Communications, Inc.,
Cleveland, OH
Palm Springs Film Museum Group,
Palm Springs, CA
Park Foundation for Community Health
Improvement, Columbus, OH
Parma Community Service Network,
Parma, OH
Pay-Up of Georgia, Inc., Savannah, GA
People Placing Pets, Riverside, CA
People With Pride, Ontario, CA
Perrysburg Playground Project
Foundation, Perrysburg, OH
Plymouth Park Productions, Irving, TX
Positively Gay, Columbus, OH
Press Club of Toledo Scholarship
Foundation, Toledo, OH
Prisoners Renewed Ministries, Inc.,
Santa Ana, CA
Project Share, Inc., Defiance, OH
Prospect Foundation, Arlington, VA
Protégé Organization, Carson, CA
Provide-A-Home, Inc., Toledo, OH
Quad County Friends of Animals,
Akron, OH
Quality Free Care, Inc.,
National City, CA
R & J Foundation, Akron, OH
Rainbow Kids Ranch, Palm Desert, CA
Reach Back Program, Inc.,
Cleveland, OH
Re-Entry, Inc., Fullerton, CA
Regional Youth Board, San Jacinto, CA
R H F Bunker Hill II, Inc.,
Long Beach, CA
Richcreek Bailey Rehabilitation Services,
Inc., Mentor, OH
Right for Harvest Ministries, Inc.,
Columbus, OH
Riverside County Flyway Foundation,
Newport Beach, CA
San Diego Alliance for the Future,
San Diego, CA
San Diego Baseball Historical Society,
San Diego, CA
San Diego County Quality of Life
Foundation, Escondido, CA
San Diego Public Library Foundation,
San Diego, CA
San Jose Retired Veterans, San Jose, CA
Sara Foundation, Redlands, CA
Scioto Athletic Booster, Dublin, OH
Sea Explorer Ship 294, Inc.,
San Diego, CA
Sima Environmental Fund,
Dana Point, CA
Simons Kids, Inc., Cleveland, OH
Somali Global Communities, Inc.,
San Diego, CA
Southeast Civic Association, Inc.,
Hamilton, OH
Southern California Consortium for
Paralegal Education, Brea, CA
Southwest Technology Transfer Center,
Inc., San Diego, CA
Start With Art, Cincinnati, OH
Step Ahead-Preschool and Schoolagers
Program, Columbus, OH
St. Lukes Development Corporation,
Gahanna, OH
Succeeding With Computer Technology,
Carson, CA
Success Against all Odds, Inc., Camden, NJ
Support Committee for Maquiladora
Workers, San Diego, CA
Technology Access Partnership
Foundation, San Bernardino, CA
Teen Harbor, Tippencanoe, OH
Tender Hearts Family Ministries,
Orange, CA
Theatre Mirage Productions,
Palm Desert, CA
Therapeutic Health Centers of America,
Santa Ana, CA
Time for Children Foundation,
Montclair, CA
Tomorrow Foundation, Inc., Redlands, CA
Total Access, Escondido, CA
Trilby Youth Sports Foundation,
Toledo, OH
Tri-State Housing Partnership,
Cincinnati, OH
Truce International, Inc., Racine, WI
True Bread of Life Ministry,
Temecula, CA
Trumbull Homes Tenant Association,
Warren, OH
United Art Spectrum, Inc.,
St. Croix, VI
Universal Mission Society,
Lake Mary, FL

May 14, 200111902001–20 I.R.B.
U S A Tongan Community,
North Tustin, CA
Valkyrie Theatre of Dance and Drama,
Inc., Atlanta, GA
Values for a Better America,
Costa Mesa, CA
Vanlue Parent Teacher Association,
Findlay, OH
Vietnam Education and Development
Organization, Fountain Valley, CA
Vision for African Nationals, Inc.,
Dayton, OH
Vision Youth Center, Long Beach, CA
Vocalart, Inc., Columbus, OH
Voice of Faith, Inc., Flowery Branch, GA
Warner Booster Foundation, Inc.,
Warner Springs, CA
Washington School for the Blind
Foundation, Vancouver, WA
Water for Children Africa, Incorporated,
El Cajon, CA
Welcome All Park Athletic Association,
Inc., Red Oak, GA
West Africa Support Team, Inc.,
Cleveland, OH
West Jefferson July 4th Streetfest,
West Jefferson, OH
West Price Hill Community Council,
Cincinnati, OH
Womens Alternatives Center, Inc.,
Capo Beach, CA
World Aware Reality Education,
Yorba Linda, CA
World Harmony Network-San Diego
California, San Diego, CA
World Outreach Vision Ministry,
Springvalley, CA
Worldwide Harvest Ministries,
Incorporated, Germantown, OH
You Help Foundation, Inc.,
Birmingham, AL
Young Mothers Program, Coshocton, OH
Youngstown Youth Academy, Inc.,
Youngstown, OH
Youth Rehab and Construction, Inc.,
Columbus, OH
Yucaipa Valley Youth Baseball
Organization, Yucaipa, CA
Zaharias Classic Events, Inc.,
Cincinnati, OH
If an organization listed above submits
information that warrants the renewal of
its classification as a public charity or as a
private operating foundation, the Internal
Revenue Service will issue a ruling or de-
termination letter with the revised classi-
fication as to foundation status. Grantors
and contributors may thereafter rely upon
such ruling or determination letter as pro-
vided in section 1.509(a)–7 of the Income
Tax Regulations. It is not the practice of
the Service to announce such revised clas-
sification of foundation status in the Inter-
nal Revenue Bulletin.

2001–20 I.R.B.iMay 14, 2001
Revenue rulings and revenue procedures
(hereinafter referred to as “rulings”)
that have an effect on previous rulings
use the following defined terms to de-
scribe the effect:
Amplified describes a situation where
no change is being made in a prior pub-
lished position, but the prior position is
being extended to apply to a variation of
the fact situation set forth therein. Thus,
if an earlier ruling held that a principle
applied to A, and the new ruling holds
that the same principle also applies to B,
the earlier ruling is amplified. (Compare
with modified, below).
Clarified is used in those instances
where the language in a prior ruling is
being made clear because the language
has caused, or may cause, some confu-
sion. It is not used where a position in a
prior ruling is being changed.
Distinguisheddescribes a situation
where a ruling mentions a previously
published ruling and points out an essen-
tial difference between them.
Modified is used where the substance
of a previously published position is
being changed. Thus, if a prior ruling
held that a principle applied to A but not
to B, and the new ruling holds that it ap-
plies to both A and B, the prior ruling is
modified because it corrects a published
position. (Compare with amplified and
clarified, above).
Obsoleted describes a previously pub-
lished ruling that is not considered deter-
minative with respect to future transac-
tions. This term is most commonly used
in a ruling that lists previously published
rulings that are obsoleted because of
changes in law or regulations. A ruling
may also be obsoleted because the sub-
stance has been included in regulations
subsequently adopted.
Revoked describes situations where the
position in the previously published rul-
ing is not correct and the correct position
is being stated in the new ruling.
Superseded describes a situation where
the new ruling does nothing more than
restate the substance and situation of a
previously published ruling (or rulings).
Thus, the term is used to republish under
the 1986 Code and regulations the same
position published under the 1939 Code
and regulations. The term is also used
when it is desired to republish in a single
ruling a series of situations, names, etc.,
that were previously published over a pe-
riod of time in separate rulings. If the
new ruling does more than restate the
substance of a prior ruling, a combination
of terms is used. For example, modified
and superseded describes a situation
where the substance of a previously pub-
lished ruling is being changed in part and
is continued without change in part and it
is desired to restate the valid portion of
the previously published ruling in a new
ruling that is self contained. In this case
the previously published ruling is first
modified and then, as modified, is super-
seded.
Supplemented is used in situations in
which a list, such as a list of the names of
countries, is published in a ruling and
that list is expanded by adding further
names in subsequent rulings. After the
original ruling has been supplemented
several times, a new ruling may be pub-
lished that includes the list in the original
ruling and the additions, and supersedes
all prior rulings in the series.
Suspended is used in rare situations to
show that the previous published rulings
will not be applied pending some future
action such as the issuance of new or
amended regulations, the outcome of
cases in litigation, or the outcome of a
Service study.
Abbreviations
The following abbreviations in current use and for-
merly used will appear in material published in the
Bulletin.
A—Individual.
Acq.—Acquiescence.
B—Individual.
BE—Beneficiary.
BK—Bank.
B.T.A.—Board of Tax Appeals.
C—Individual.
C.B.—Cumulative Bulletin.
CFR—Code of Federal Regulations.
CI—City.
COOP—Cooperative.
Ct.D.—Court Decision.
CY—County.
D—Decedent.
DC—Dummy Corporation.
DE—Donee.
Del. Order—Delegation Order.
DISC—Domestic International Sales Corporation.
DR—Donor.
E—Estate.
EE—Employee.
E.O.—Executive Order.
ER—Employer.
ERISA—Employee Retirement Income Security
Act.
EX—Executor.
F—Fiduciary.
FC—Foreign Country.
FICA—Federal Insurance Contributions Act.
FISC—Foreign International Sales Company.
FPH—Foreign Personal Holding Company.
F.R.—Federal Register.
FUTA—Federal Unemployment Tax Act.
FX—Foreign Corporation.
G.C.M.—Chief Counsel’s Memorandum.
GE—Grantee.
GP—General Partner.
GR—Grantor.
IC—Insurance Company.
I.R.B.—Internal Revenue Bulletin.
LE—Lessee.
LP—Limited Partner.
LR—Lessor.
M—Minor.
Nonacq.—Nonacquiescence.
O—Organization.
P—Parent Corporation.
PHC—Personal Holding Company.
PO—Possession of the U.S.
PR—Partner.
PRS—Partnership.
PTE—Prohibited Transaction Exemption.
Pub. L.—Public Law.
REIT—Real Estate Investment Trust.
Rev. Proc.—Revenue Procedure.
Rev. Rul.—Revenue Ruling.
S—Subsidiary.
S.P.R.—Statements of Procedural Rules.
Stat.—Statutes at Large.
T—Target Corporation.
T.C.—Tax Court.
T.D.—Treasury Decision.
TFE—Transferee.
TFR—Transferor.
T.I.R.—Technical Information Release.
TP—Taxpayer.
TR—Trust.
TT—Trustee.
U.S.C.—United States Code.
X—Corporation.
Y—Corporation.
Z—Corporation.
Definition of Terms

May 14, 2001ii2001–20 I.R.B.
Numerical Finding List
1
Bulletins 2001–1 through 2001–19
Announcements:
2001–1, 2001–2 I.R.B. 277
2001–2, 2001–2 I.R.B. 277
2001–3, 2001–2 I.R.B. 278
2001–4, 2001–2 I.R.B. 286
2001–5, 2001–2 I.R.B. 286
2001–6, 2001–3 I.R.B. 357
2001–7, 2001–3 I.R.B. 357
2001–8, 2001–3 I.R.B. 357
2001–9, 2001–3 I.R.B. 357
2001–10, 2001–4 I.R.B. 431
2001–11, 2001–4 I.R.B. 432
2001–12, 2001–6 I.R.B. 526
2001–13, 2001–96 I.R.B. 752
2001–14, 2001–7 I.R.B. 648
2001–15, 2001–8 I.R.B. 715
2001–16, 2001–8 I.R.B. 715
2001–17, 2001–8 I.R.B. 716
2001–18, 2001–10 I.R.B. 791
2001–19, 2001–10 I.R.B. 791
2001–20, 2001–8 I.R.B. 716
2001–21, 2001–9 I.R.B. 752
2001–22, 2001–11 I.R.B. 895
2001–23, 2001–10 I.R.B. 791
2001–24, 2001–10 I.R.B. 793
2001–25, 2001–11 I.R.B. 895
2001–26, 2001–11 I.R.B. 896
2001–27, 2001–11 I.R.B. 897
2001–28, 2001–13 I.R.B. 975
2001–29, 2001–14 I.R.B. 1014
2001–30, 2001–15 I.R.B. 1065
2001–31, 2001–17 I.R.B. 1113
2001–32, 2001–17 I.R.B. 1113
2001–33, 2001–17 I.R.B. 1136
2001–34, 2001–16 I.R.B. 1087
2001–35, 2001–16 I.R.B. 1087
2001–36, 2001–16 I.R.B. 1089
2001–37, 2001–16 I.R.B. 1090
2001–38, 2001–17 I.R.B. 1137
2001–39, 2001–17 I.R.B. 1141
2001–40, 2001–17 I.R.B. 1141
2001–41, 2001–18 I.R.B. 1147
2001–42, 2001–18 I.R.B. 1147
2001–43, 2001–18 I.R.B. 1147
2001–44, 2001–18 I.R.B. 1148
2001–45, 2001–18 I.R.B. 1148
2001–46, 2001–19 I.R.B. 1165
2001–47, 2001–19 I.R.B. 1165
2001–48, 2001–19 I.R.B. 1168
Notices:
2001–1, 2001–2 I.R.B. 261
2001–2, 2001–2 I.R.B. 265
2001–3, 2001–2 I.R.B. 267
2001–4, 2001–2 I.R.B. 267
2001–5, 2001–3 I.R.B. 327
2001–6, 2001–3 I.R.B. 327
2001–7, 2001–4 I.R.B. 374
2001–8, 2001–4 I.R.B. 374
2001–9, 2001–4 I.R.B. 375
2001–10, 2001–5 I.R.B. 459
2001–11, 2001–5 I.R.B. 464
2001–12, 2001–3 I.R.B. 328
2001–13, 2001–6 I.R.B. 514
2001–14, 2001–6 I.R.B. 516
2001–15, 2001–7 I.R.B. 589
2001–16, 2001–9 I.R.B. 730
Notices—Continued:
2001–17, 2001–9 I.R.B. 730
2001–18, 2001–9 I.R.B. 731
2001–19, 2001–10 I.R.B. 784
2001–20, 2001–11 I.R.B. 818
2001–21, 2001–11 I.R.B. 818
2001–22, 2001–12 I.R.B. 911
2001–23, 2001–12 I.R.B. 911
2001–24, 2001–12 I.R.B. 912
2001–25, 2001–13 I.R.B. 941
2001–26, 2001–13 I.R.B. 942
2001–27, 2001–13 I.R.B. 942
2001–28, 2001–13 I.R.B. 944
2001–29, 2001–14 I.R.B. 989
2001–30, 2001–14 I.R.B. 989
2001–31, 2001–17 I.R.B. 1093
2001–32, 2001–18 I.R.B. 1146
2001–33, 2001–19 I.R.B. 1155
Proposed Regulations:
LR–230–76, 2001–13 I.R.B. 945
REG–209461–79, 2001–8 I.R.B. 712
REG–246256–96, 2001–8 I.R.B. 713
REG–251701–96, 2001–4 I.R.B. 396
REG–101520–97, 2001–15 I.R.B. 1057
REG–106030–98, 2001–11 I.R.B. 820
REG–106446–98, 2001–13 I.R.B. 945
REG–106542–98, 2001–5 I.R.B. 473
REG–121928–98, 2001–6 I.R.B. 520
REG–109481–99, 2001–13 I.R.B. 961
REG–111835–99, 2001–11 I.R.B. 834
REG–114998–99, 2001–14 I.R.B. 992
REG–115560–99, 2001–14 I.R.B. 993
REG–101739–00, 2001–14 I.R.B. 996
REG–103320–00, 2001–8 I.R.B. 714
REG–104683–00, 2001–4 I.R.B. 407
REG–104876–00, 2001–14 I.R.B. 998
REG–105801–00, 2001–13 I.R.B. 965
REG–105946–00, 2001–16 I.R.B. 1069
REG–106513–00, 2001–16 I.R.B. 1076
REG–106702–00, 2001–4 I.R.B. 424
REG–106791–00, 2001–6 I.R.B. 521
REG–106892–00, 2001–15 I.R.B. 1060
REG–107047–00, 2001–14 I.R.B. 1002
REG–107101–00, 2001–16 I.R.B. 1083
REG–107175–00, 2001–13 I.R.B. 971
REG–107176–00, 2001–4 I.R.B. 428
REG–107186–00, 2001–13 I.R.B. 973
REG–107566–00, 2001–3 I.R.B. 346
REG–110374–00, 2001–12 I.R.B. 915
REG–110659–00, 2001–12 I.R.B. 917
REG–114082–00, 2001–7 I.R.B. 629
REG–114083–00, 2001–7 I.R.B. 630
REG–114084–00, 2001–7 I.R.B. 633
REG–116468–00, 2001–6 I.R.B. 522
REG–119352–00, 2001–6 I.R.B. 525
REG–121109–00, 2001–15 I.R.B. 1064
REG–125237–00, 2001–12 I.R.B. 919
REG–126100–00, 2001–11 I.R.B. 862
REG–129608–00, 2001–14 I.R.B. 1011
REG–130477–00, 2001–11 I.R.B. 865
REG–130481–00, 2001–11 I.R.B. 865
Railroad Retirement Quarterly Rates:
2001–2, I.R.B. 258
2001–15, I.R.B. 1054
Revenue Procedures:
2001–1, 2001–1 I.R.B. 1
2001–2, 2001–1 I.R.B. 79
2001–3, 2001–1 I.R.B. 111
Revenue Procedures—Continued:
2001–4, 2001–1 I.R.B. 121
2001–5, 2001–1 I.R.B. 164
2001–6, 2001–1 I.R.B. 194
2001–7, 2001–1 I.R.B. 236
2001–8, 2001–1 I.R.B. 239
2001–9, 2001–3 I.R.B. 328
2001–10, 2001–2 I.R.B. 272
2001–11, 2001–2 I.R.B. 275
2001–12, 2001–3 I.R.B. 335
2001–13, 2001–3 I.R.B. 337
2001–14, 2001–3 I.R.B. 343
2001–15, 2001–5 I.R.B. 465
2001–16, 2001–4 I.R.B. 376
2001–17, 2001–7 I.R.B. 589
2001–18, 2001–8 I.R.B. 708
2001–19, 2001–9 I.R.B. 732
2001–20, 2001–9 I.R.B. 738
2001–21, 2001–9 I.R.B. 742
2001–22, 2001–9 I.R.B. 745
2001–23, 2001–10 I.R.B. 784
2001–24, 2001–10 I.R.B. 788
2001–25, 2001–12 I.R.B. 913
2001–26, 2001–17 I.R.B. 1093
2001–27, 2001–19 I.R.B. 1155
2001–28, 2001–19 I.R.B. 1156
2001–29, 2001–19 I.R.B. 1160
2001–30, 2001–19 I.R.B. 1163
Revenue Rulings:
2001–1, 2001–9 I.R.B. 726
2001–2, 2001–2 I.R.B. 255
2001–3, 2001–3 I.R.B. 319
2001–4, 2001–3 I.R.B. 295
2001–5, 2001–5 I.R.B. 451
2001–6, 2001–6 I.R.B. 491
2001–7, 2001–7 I.R.B. 541
2001–8, 2001–9 I.R.B. 726
2001–9, 2001–8 I.R.B. 652
2001–10, 2001–10 I.R.B. 755
2001–11, 2001–10 I.R.B. 780
2001–12, 2001–11 I.R.B. 811
2001–13, 2001–12 I.R.B. 898
2001–14, 2001–12 I.R.B. 898
2001–15, 2001–13 I.R.B. 922
2001–16, 2001–13 I.R.B. 936
2001–17, 2001–15 I.R.B. 1052
2001–18, 2001–17 I.R.B. 1092
2001–19, 2001–18 I.R.B. 1143
2001–20, 2001–18 I.R.B. 1143
2001–21, 2001–18 I.R.B. 1144
2001–22, 2001–19 I.R.B. 1152
Treasury Decisions:
8910, 2001–2 I.R.B. 258
8911, 2001–3 I.R.B. 321
8912, 2001–5 I.R.B. 452
8913, 2001–3 I.R.B. 300
8914, 2001–8 I.R.B. 653
8915, 2001–4 I.R.B. 359
8916, 2001–4 I.R.B. 360
8917, 2001–7 I.R.B. 538
8918, 2001–4 I.R.B. 372
8919, 2001–6 I.R.B. 505
8920, 2001–8 I.R.B. 654
8921, 2001–7 I.R.B. 532
8922, 2001–6 I.R.B. 508
8923, 2001–6 I.R.B. 485
8924, 2001–6 I.R.B. 489
8925, 2001–6 I.R.B. 496
8926, 2001–6 I.R.B. 492
8927, 2001–11 I.R.B. 807
1
A cumulative list of all revenue rulings, revenue
procedures, Treasury decisions, etc., published in
Internal Revenue Bulletins 2000–27 through
2000–52 is in Internal Revenue Bulletin 2001–1,
dated January 2, 2001.

2001–20 I.R.B.iiiMay 14, 2001
Treasury Decisions—Continued:
8928, 2001–8 I.R.B. 685
8929, 2001–10 I.R.B. 756
8930, 2001–5 I.R.B. 433
8931, 2001–7 I.R.B. 542
8932, 2001–11 I.R.B. 813
8933, 2001–11 I.R.B. 794
8934, 2001–12 I.R.B. 904
8935, 2001–8 I.R.B. 702
8937, 2001–11 I.R.B. 806
8938, 2001–13 I.R.B. 929
8939, 2001–12 I.R.B. 899
8940, 2001–15 I.R.B. 1016
8941, 2001–14 I.R.B. 977
8942, 2001–13 I.R.B. 929
8943, 2001–15 I.R.B. 1054
8944, 2001–16 I.R.B. 1067

May 14, 2001iv2001–20 I.R.B.
Finding List of Current Actions on
Previously Published Items
1
Bulletins 2001–1 through 2001–19
Announcements:
98–99
Modified by
Ann. 2001–9, 2001–3 I.R.B. 357
99–79
Superseded by
Ann. 2001–3, 2001–2 I.R.B. 278
2000–78
Obsoleted by
T.D. 8933, 2001–11 I.R.B. 794
2000–97
Corrected by
Ann. 2001–7, 2001–3 I.R.B. 357
Cumulative Bulletin:
1998–2
Corrected by
Ann. 2001–5, 2001–2 I.R.B. 286
Notices:
94–3
Modified by
T.D. 8933, 2001–11 I.R.B. 794
98–39
Modified by
Notice 2001–9, 2001–4 I.R.B. 375
98–40
Modified by
Notice 2001–9, 2001–4 I.R.B. 375
99–53
Modified and superseded by
Notice 2001–7, 2001–4 I.R.B. 374
2000–21
Superseded by
Notice 2001–1, 2001–2 I.R.B. 261
2000–22
Modified and superseded by
Notice 2001–8, 2001–4 I.R.B. 374
2000–26
Modified by
Notice 2001–22, 2001–12 I.R.B. 911
2000–43
Extended by
Notice 2001–13, 2001–6 I.R.B. 514
Proposed Regulations:
EE–130–86
Partially withdrawn by
REG–209461–79, 2001–8 I.R.B. 712
REG–106030–98
Corrected by
Ann. 2001–30, 2001–15 I.R.B. 1065
REG–106542–98
Corrected by
Ann. 2001–24, 2001–13 I.R.B. 793
REG–116733–98
Withdrawn by
Ann. 2001–11, 2001–4 I.R.B. 432
Proposed Regulations—Continued:
REG–116048–99
Withdrawn by
Ann. 2001–27, 2001–11 I.R.B. 897
REG–104683–00
Corrected by
Ann. 2001–42, 2001–18 I.R.B. 1147
REG–106702–00
Corrected by
Ann. 2001–28, 2001–13 I.R.B. 975
REG–110374–00
Corrected by
Ann. 2001–44, 2001–18 I.R.B. 1148
Revenue Procedures:
75–21
Modified and superseded by
Rev. Proc. 2001–28, 2001–19 I.R.B. 1156
75–28
Modified and superseded by
Rev. Proc. 2001–29, 2001–19 I.R.B. 1160
76–30
Modified and superseded by
Rev. Proc. 2001–28, 2001–19 I.R.B. 1156
79–48
Modified and superseded by
Rev. Proc. 2001–28, 2001–19 I.R.B. 1156
Rev. Proc. 2001–29, 2001–19 I.R.B. 1160
83–87
Superseded by
Rev. Proc. 2001–15, 2001–5 I.R.B. 465
90–18
Amplified and superseded by
Rev. Proc. 2001–18, 2001–8 I.R.B. 708
92–19
Superseded by
Rev. Proc. 2001–15, 2001–5 I.R.B. 465
96–15
Modified by
Ann. 2001–22, 2001–11 I.R.B. 895
96–17
Modified by
Rev. Proc. 2001–9, 2001–3 I.R.B. 328
99–18
Modified and superseded by
Rev. Proc. 2001–21, 2001–9 I.R.B. 742
99–47
Superseded by
Rev. Proc. 2001–16, 2001–4 I.R.B. 376
99–49
Modified and amplified by
Notice 2001–23, 2001–12 I.R.B. 911
Rev. Proc. 2001–10, 2001–2 I.R.B. 272
Rev. Proc. 2001–23, 2001–10 I.R.B. 784
Rev. Proc. 2001–24, 2001–10 I.R.B. 788
Rev. Proc. 2001–25, 2001–12 I.R.B. 913
Rev. Rul. 2001–8, 2001–9 I.R.B. 762
2000–1
Superseded by
Rev. Proc. 2001–1, 2001–1 I.R.B. 1
2000–2
Superseded by
Rev. Proc. 2001–2, 2001–1 I.R.B. 79
Revenue Procedures—Continued:
2000–3
Superseded by
Rev. Proc. 2001–3, 2001–1 I.R.B. 111
2000–4
Superseded by
Rev. Proc. 2001–4, 2001–1 I.R.B. 121
2000–5
Superseded by
Rev. Proc. 2001–5, 2001–1 I.R.B. 164
2000–6
Superseded by
Rev. Proc. 2001–6, 2001–1 I.R.B. 194
2000–7
Superseded by
Rev. Proc. 2001–7, 2001–1 I.R.B. 236
2000–8
Superseded by
Rev. Proc. 2001–8, 2001–1 I.R.B. 239
2000–14
Supplemented by
Rev. Proc. 2001–27, 2001–19 I.R.B. 1155
2000–16
Modified and superseded by
Rev. Proc. 2001–17, 2001–7 I.R.B. 589
2000–22
Modified and superseded by
Rev. Proc. 2001–10, 2001–2 I.R.B. 272
2000–23
Superseded by
Rev. Proc. 2001–26, 2001–17 I.R.B. 1093
2001–3
Corrected by
Ann. 2001–25, 2001–11 I.R.B. 895
Section 5.01 revoked by
Rev. Proc. 2001–30, 2001–19 I.R.B. 1163
2001–13
Clarified by
Notice 2001–12, 2001–3 I.R.B. 328
Revenue Rulings:
64–328
Modified by
Notice 2001–10, 2001–5 I.R.B. 459
66–110
Modified by
Notice 2001–10, 2001–5 I.R.B. 459
85–30
Clarified by
Rev. Rul. 2001–8, 2001–9 I.R.B. 762
88–95
Clarified by
Rev. Rul. 2001–8, 2001–9 I.R.B. 762
92–19
Supplemented in part by
Rev. Rul. 2001–11, 2001–10 I.R.B. 780
2000–56
Corrected by
Ann. 2001–19, 2001–10 I.R.B. 791
2001–4
Modified by
Notice 2001–23, 2001–12 I.R.B. 911
1
A cumulative list of current actions on previously
published items in Internal Revenue Bulletins
2000–27 through 2000–52 is in Internal Revenue
Bulletin 2001–1, dated January 2, 2001.

2001–20 I.R.B.vMay 14, 2001
Treasury Decisions:
7530
Removed by
T.D. 8938, 2001–13 I.R.B. 929
8757
Revised by
T.D. 8941, 2001–14 I.R.B. 977
8889
Corrected by
Ann. 2001–14, 2001–2 I.R.B. 286
8913
Corrected by
Ann. 2001–26, 2001–11 I.R.B. 896
8916
Corrected by
Ann. 2001–41, 2001–18 I.R.B. 1147
8921
Corrected by
Ann. 2001–43, 2001–18 I.R.B. 1147
8931
Technically amended by
Ann. 2001–37, 2001–16 I.R.B. 1090

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