Internal Revenue Bulletin 2022-14 (PDF rendition): IRS Revenue Procedures

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Bulletin No. 2022–14
April 4, 2022
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.
ADMINISTRATIVE
Rev. Proc. 2022-20, page 945.
This revenue procedure provides guidance regarding
the public approval requirement under § 147(f) of the
Internal Revenue Code for tax-exempt qualified private
activity bonds. Specifically, this revenue procedure pro-
vides that hearings held by teleconference as described
in section 4 of this revenue procedure will be treated as
held in a location that, based on the facts and circum-
stances, is convenient for residents of the approving
governmental unit for the purpose of § 1.147(f)-1(d)(2)
of the Income Tax Regulations.
Rev. Rul. 2022-7, page 935.
This ruling updates Rev. Rul. 2004-53 in accordance
with the Taxpayer First Act by explaining that all recipi-
ents of returns or return information pursuant to section
6103(c), including government employees, are subject
to the disclosure restrictions of section 6103(a). Rev.
Rul. 2004-53 modified and superseded.
ADMINISTRATIVE; INCOME TAX
Notice 2022-13, page 940.
Notice 2022-13 provides a waiver of the addition to
tax under section 6654 for underpayment of estimat-
ed income tax by qualifying farmers and fishermen de-
scribed in the notice. Under the notice, the addition to
tax is waived for farmers and fishermen who, by April
18, 2022, or, for those taxpayers who reside in Maine
or Massachusetts, by April 19, 2022, file their 2021
federal income tax return and pay in full any tax report-
ed as due on the return.
EMPLOYEE PLANS
Notice 2022-14, page 941.
This notice sets forth updates on the corporate bond
monthly yield curve, the corresponding spot segment
rates for March 2022 used under § 417(e)(3)(D), the
24-month average segment rates applicable for March
2022, and the 30-year Treasury rates, as reflected by
the application of § 430(h)(2)(C)(iv).
EXCISE TAX
Notice 2022-11, page 939.
The notice provides an indexing factor for the qualifying
payment amount for items and services furnished in
2022 for purposes of sections 9816 and 9817 of the
Internal Revenue Code, as added by the No Surprise
Act, in the case of a group health plan or group or indi-
vidual health insurance issuer that does not have suffi-
cient information as of January 31, 2019 to calculate
the median of the contracted rates or for new items
and services.
INCOME TAX
Rev. Rul. 2022-8, page 936.
Federal rates; adjusted federal rates; adjusted federal
long-term rate, and the long-term tax exempt rate. For
purposes of sections 382, 1274, 1288, 7872 and oth-
er sections of the Code, tables set forth the rates for
April 2022.
Finding Lists begin on page ii.

The IRS Mission
Provide America’s taxpayers top-quality service by helping
them understand and meet their tax responsibilities and en-
force the law with integrity and fairness to all.
Introduction
The Internal Revenue Bulletin is the authoritative instrument
of the Commissioner of Internal Revenue for announcing of-
ficial 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.
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 inter-
nal 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 rul-
ings 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 published rulings and
procedures, the effect of subsequent legislation, regulations,
court decisions, rulings, and procedures must be considered,
and Service personnel and others concerned are cautioned
against reaching the same conclusions 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 II.—Treaties and Tax Legislation.
This part is divided into two subparts as follows: Subpart A,
Tax Conventions and Other Related Items, 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 Subparts. Also
included in this part are Bank Secrecy Act Administrative
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 last 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 last Bulletin of each semiannual period.
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.
April 4, 2022 Bulletin No. 2022–14

Part I
Section 6103.—
Confidentiality and
disclosure of returns and
return information
26 CFR 301.6103: Confidentiality of returns.
Rev. Rul. 2022-7
ISSUE
Whether Federal, State, and local gov-
ernment officers or employees (govern-
ment employees) are subject to the dis-
closure restrictions of section 6103(a) of
the Internal Revenue Code (Code) with
regard to returns or return information re-
ceived as a result of disclosure under:
• section 6103(c) with the consent
of the taxpayer (taxpayer consent
exception),
• section 6103(e) as a person having a
material interest, but not under sec-
tion 6103(e)(1)(D)(iii) relating to
disclosures to certain shareholders
(material interest exception), or
• section 6103(k)(6) for investigative
purposes (investigative disclosure
exception).
FACTS
Situation 1. A requests the assistance
of a friend, B, with respect to a Federal
tax matter. A also requests that the Inter-
nal Revenue Service (IRS) provide A’s
returns and return information to B. B
subsequently discloses to a third party re-
turn information obtained as a result of A’s
request.
Situation 2. Same as Situation 1, above,
except that B happens to be an employee
in the office of a State agency.
Situation 3. C is an attorney employed
by a law firm. The firm has a policy of tak-
ing disciplinary action against any of its
attorneys who do not properly fulfill their
tax obligations. The IRS serves a notice
of levy with respect to C’s tax liability on
the payroll department of the firm. D is a
payroll department employee of the firm.
D processes the notice of levy and informs
the firm’s managing partners of C’s tax de-
linquency to enable the firm to take appro-
priate action consistent with firm policy.
Situation 4. E is an employee of a State
agency. The agency has a policy of tak-
ing disciplinary action against employees
who do not properly fulfill their tax obli-
gations. The IRS serves a notice of levy
with respect to E’s tax liability on the pay-
roll department of the State agency. F is a
payroll department employee of the State
agency. F processes the notice of levy and
informs the appropriate office of the State
agency of E’s tax delinquency to enable
the agency to take appropriate action con-
sistent with agency policy.
Situation 5. Same as Situation 4, above,
except that E and F are employees of a
Federal agency.
Situation 6. G is the father of 5-year-old
film star H. H’s mother signs H’s return as
parent for a minor child and dies shortly
thereafter. G is the guardian of H’s estate
under applicable State law. G receives no-
tice that H’s return is under examination
by the IRS. G does not have a copy of H’s
return, so G obtains the return and return
information from the IRS. When sub-
sequently asked by a news reporter how
much income H reported on the return, G
replies “three million dollars.”
Situation 7. Same as Situation 6, above,
except that G happens to be an employee
of a Federal agency.
L AW
Generally, section 6103 provides that
returns (as defined in section 6103(b)(1))
and return information (as defined in sec-
tion 6103(b)(2)) are confidential and may
not be disclosed except as expressly autho-
rized by the Code. Specifically, “except as
authorized by this title” (that is, the Code),
section 6103(a) prohibits the disclosure
by officers or employees of the United
States, of any State, or of specified local
government agencies, or by certain other
specified persons, of returns and return
information obtained in connection with
their service as such an officer or employ-
ee or otherwise or under the provisions of
section 6103 (disclosure restrictions). See
Girard v. Bentsen, 94-2 U.S.T.C. ¶ 50,625
(N.D. Cal. 1994) (“or otherwise” modifies
“in connection with his service,” allowing
the statute to cover those who are nei-
ther “officers” nor “employees,” namely
certain other persons specified in section
6103(a)). For purposes of section 6103(a),
the term “officer or employee” includes a
former officer or employee.
There are, however, exceptions to the
general rule of confidentiality. First, the
taxpayer consent exception permits the
disclosure of returns and return informa-
tion to a designee of the taxpayer, pur-
suant to the taxpayer’s request or con-
sent. To be valid, a consent must satisfy
the requirements of section 6103(c) and
§ 301.6103(c)-1 of the Procedure and Ad-
ministration Regulations. Second, the ma-
terial interest exception permits the dis-
closure of returns and return information
to specific persons with a material interest
in the information. Third, the investiga-
tive disclosure exception, in conjunction
with § 301.6103(k)(6)-1, authorizes the
disclosure of return information (but not
returns) to the extent that disclosure is
necessary in obtaining information that is
not otherwise reasonably available with
respect to the correct determination of tax,
liability for tax, or the amount to be col-
lected, or with respect to the enforcement
of any other provision of the Code.
Rev. Rul. 2004-53, 2004-1 C.B. 1026
(June 7, 2004) clarified the scope of sec-
tion 6103(a) with respect to government
employees and held that government em-
ployees who receive returns or return in-
formation pursuant to section 6103(c), (e),
or (k)(6) are not subject to the disclosure
restrictions of section 6103(a). Although
not addressed by Rev. Rul. 2004-53, any
shareholder of a corporation permitted to
inspect or receive return information of
the corporation or its subsidiaries under
section 6103(e)(1)(D)(iii) is subject to the
disclosure restrictions imposed by section
6103(a).
Section 2202 of the Taxpayer First Act
(TFA), Public Law 116-25, 133 Stat. 981,
1012 (2019), amended section 6103(a)
(3) and (c) to limit redisclosures and uses
of return information received pursuant
to the taxpayer consent exception. Sec-
tion 6103(c), as amended by the TFA,
Bulletin No. 2022–14 935 April 4, 2022

explicitly prohibits designees from using
return information for any reason other
than the express purpose for which the
taxpayer grants consent and from redis-
closing return information without the
taxpayer’s express permission or request.
Section 6103(a)(3), as amended by the
TFA, imposes disclosure restrictions on
all recipients of return information under
6103(c). The TFA did not amend sec-
tion 6103(e) or (k)(6), or section 6103(a)
with respect to disclosures under section
6103(e) or (k)(6).
ANALYSIS
Under section 6103(c), as amended,
the restrictions on redisclosure of returns
or return information received pursuant to
the taxpayer consent exception apply to all
designees, including government employ-
ees. Therefore, in Situations 1 and 2, B is
prohibited from redisclosing A’s return in-
formation, because A did not authorize B
to further disclose A’s return information.
After the TFA, the analysis of the scope
of disclosures under section 6103(e) and
(k)(6) is materially unchanged from that
in Rev. Rul. 2004-53. Section 6103(e) and
(k)(6) contains no limitation or restriction
on the redisclosure of returns or return
information received pursuant to the ma-
terial interest or investigative disclosure
exceptions. Therefore, in Situations 3 and
6 there are no statutory or regulatory re-
strictions on the redisclosures of return
information made by D or G.
In Situations 4, 5, and 7, however, the
prohibition in section 6103(a) on redisclo-
sure of returns or return information by
government employees could be read to
prohibit such redisclosures by F and G be-
cause they happen to be government em-
ployees. This reading would create a dis-
parity in the application of section 6103(a)
based on who the employer of the person
receiving the disclosure of returns or re-
turn information happens to be.
By its terms, section 6103(a) does not
regulate or control the use of returns and
return information received under the ma-
terial interest or investigative disclosure
exceptions. Moreover, the requirements
for accountings and safeguards that typi-
cally apply where redisclosure of returns
or return information is limited do not ap-
ply to these exceptions.
There is no evidence that Congress
intended to limit the redisclosure of re-
turn information received by government
employees under section 6103(e) and
(k)(6) merely because they happen to
be government employees. On the con-
trary, there are compelling reasons for
those government employees to be sub-
ject to the same rules as other recipients.
For example, a private sector employer
may take disciplinary action against em-
ployees who do not properly fulfill their
tax obligations. If redisclosure of return
information is not permitted because
the employer happens to be the Feder-
al government, the Federal employees
who failed to fulfill their tax obligations
would be in a significantly better position
than their private sector counterparts.
This inappropriate result only occurs if
section 6103(a) is read to apply to indi-
viduals merely because they happen to be
government employees.
Accordingly, persons are not barred
because of their status as government
employees from redisclosing returns and
return information received pursuant to
section 6103(e) or (k)(6). Therefore, in
Situations 4, 5, and 7, there are no stat-
utory or regulatory restrictions on the re-
disclosures of return information made by
F or G.
HOLDING
Government employees who receive
returns or return information pursuant to
disclosures under section 6103(c), like
all designees who receive returns or re-
turn information pursuant to taxpayer
consent, are subject to the disclosure re-
strictions of section 6103(a). Government
employees who receive returns or return
information pursuant to disclosures un-
der section 6103(k)(6) or (e), other than
section 6103(e)(1)(D)(iii) (relating to cer-
tain shareholders), are not subject to the
disclosure restrictions of section 6103(a)
with regard to the returns or return infor-
mation received.
EFFECT ON OTHER REVENUE
RULINGS
Rev. Rul. 2004-53 is modified and
superseded.
DRAFTING INFORMATION
The principal author of this revenue
ruling is Andrew C. Keaton of the Office
of the Associate Chief Counsel (Procedure
& Administration). For further informa-
tion regarding this revenue ruling, contact
Mr. Keaton at (202) 317-5404 (not a toll-
free number).

Section 1274.—
Determination of Issue
Price in the Case of Certain
Debt Instruments Issued for
Property
(Also Sections 42, 280G, 382, 467, 468, 482, 483,
1288, 7520, 7872.)
Rev. Rul. 2022-8
This revenue ruling provides vari-
ous prescribed rates for federal income
tax purposes for April 2022 (the current
month). Table 1 contains the short-term,
mid-term, and long-term applicable feder-
al rates (AFR) for the current month for
purposes of section 1274(d) of the Inter-
nal Revenue Code. Table 2 contains the
short-term, mid-term, and long-term ad-
justed applicable federal rates (adjusted
AFR) for the current month for purposes
of section 1288(b). Table 3 sets forth the
adjusted federal long-term rate and the
long-term tax-exempt rate described in
section 382(f). Table 4 contains the ap-
propriate percentages for determining the
low-income housing credit described in
section 42(b)(1) for buildings placed in
service during the current month. Howev-
er, under section 42(b)(2), the applicable
percentage for non-federally subsidized
new buildings placed in service after July
30, 2008, shall not be less than 9%. Final-
ly, Table 5 contains the federal rate for de-
termining the present value of an annuity,
an interest for life or for a term of years, or
a remainder or a reversionary interest for
purposes of section 7520.
April 4, 2022 936 Bulletin No. 2022–14

Bulletin No. 2022–14 937 April 4, 2022
REV. RUL. 2022-8 TABLE 1
Applicable Federal Rates (AFR) for April 2022
Period for Compounding
AnnualSemiannualQuarterlyMonthly
Short-term
AFR1.26%1.26%1.26%1.26%
110% AFR1.39%1.39%1.39%1.39%
120% AFR1.52%1.51%1.51%1.51%
130% AFR1.65%1.64%1.64%1.63%
Mid-term
AFR1.87%1.86%1.86%1.85%
110% AFR 2.06%2.05%2.04%2.04%
120% AFR2.24%2.23%2.22%2.22%
130% AFR2.43%2.42%2.41%2.41%
150% AFR2.81%2.79%2.78%2.77%
175% AFR3.29%3.26%3.25%3.24%
Long-term
AFR2.25%2.24%2.23%2.23%
110% AFR2.48%2.46%2.45%2.45%
120% AFR2.71%2.69%2.68%2.68%
130% AFR2.93%2.91%2.90%2.89%
REV. RUL. 2022-8 TABLE 2
Adjusted AFR for April 2022
Period for Compounding
AnnualSemiannualQuarterlyMonthly
Short-term adjusted AFR0.96%0.96%0.96%0.96%
Mid-term adjusted AFR1.41%1.41%1.41%1.41%
Long-term adjusted AFR1.71%1.70%1.70%1.69%
REV. RUL. 2022-8 TABLE 3
Rates Under Section 382 for April 2022
Adjusted federal long-term rate for the current month1.71%
Long-term tax-exempt rate for ownership changes during the current month (the highest of the adjusted federal
long-term rates for the current month and the prior two months.)
1.71%
REV. RUL. 2022-8 TABLE 4
Appropriate Percentages Under Section 42(b)(1) for April 2022
Note: Under section 42(b)(2), the applicable percentage for non-federally subsidized new buildings placed in service after July
30, 2008, shall not be less than 9%.
Appropriate percentage for the 70% present value low-income housing credit7.47%
Appropriate percentage for the 30% present value low-income housing credit 3.20%

April 4, 2022 938 Bulletin No. 2022–14
REV. RUL. 2022-8 TABLE 5
Rate Under Section 7520 for April 2022
Applicable federal rate for determining the present value of an annuity, an interest for life or a term of years, or a
remainder or reversionary interest
2.2%
Section 42.—Low-Income
Housing Credit
The applicable federal short-term, mid-term,
and long-term rates are set forth for the month of
April 2022. See Rev. Rul. 2022-8, page 936.
Section 280G.—Golden
Parachute Payments
The applicable federal short-term, mid-term,
and long-term rates are set forth for the month of
April 2022. See Rev. Rul. 2022-8 page 936.
Section 382.—Limitation
on Net Operating Loss
Carryforwards and
Certain Built-In Losses
Following Ownership
Change
The adjusted applicable federal long-term rate
is set forth for the month of April 2022. See Rev.
Rul. 2022-8, page 936.
Section 467.—Certain
Payments for the Use of
Property or Services
The applicable federal short-term, mid-term,
and long-term rates are set forth for the month of
April 2022. See Rev. Rul. 2022-8, page 936.
Section 468.—Special
Rules for Mining and Solid
Waste Reclamation and
Closing Costs
The applicable federal short-term rates are set
forth for the month of April 2022. See Rev. Rul.
2022-8, page 936.
Section 482.—Allocation
of Income and Deductions
Among Taxpayers
The applicable federal short-term, mid-term,
and long-term rates are set forth for the month of
April 2022. See Rev. Rul. 2022-8, page 936.

Section 483.—Interest on
Certain Deferred Payments
The applicable federal short-term, mid-term,
and long-term rates are set forth for the month of
April 2022. See Rev. Rul. 2022-8, page 936.
Section 1288.—Treatment
of Original Issue Discount
on Tax-Exempt Obligations
The adjusted applicable federal short-term, mid-
term, and long-term rates are set forth for the month of
April 2022. See Rev. Rul. 2022-8, page 936.
Section 7520.—Valuation
Tables
The applicable federal mid-term rates are set
forth for the month of April 2022. See Rev. Rul.
2022-8, page 936.
Section 7872.—Treatment
of Loans With Below-
Market Interest Rates
The applicable federal short-term, mid-term,
and long-term rates are set forth for the month of
April 2022. See Rev. Rul. 2022-8, page 936.

Bulletin No. 2022–14 939 April 4, 2022
Part III
26 CFR 54.9816-6T Methodology for calculating
qualifying payment amount in 2022
NOTICE 2022-11
SECTION 1. PURPOSE AND SCOPE
This notice provides guidance for cal-
culating the qualifying payment amount
for items and services furnished in 2022
for purposes of sections 9816 and 9817 of
the Internal Revenue Code (Code), sec-
tions 716 and 717 of the Employee Retire-
ment Income Security Act of 1974 (ERI-
SA), and sections 2799A-1 and 2799A-2
of the Public Health Service Act (PHS
Act) in the case of a group health plan
or group or individual health insurance
issuer that does not have sufficient infor-
mation to calculate the median of the con-
tracted rates in 2019 (including for items
and services not offered in 2019). This
notice was drafted in consultation with
the Departments of Labor and Health and
Human Services.
SECTION 2. BACKGROUND
Under Treas. Reg. § 54.9816-6T(c),
29 CFR 2590.716-6(c), and 45 CFR
149.140(c),
1
for an item or service fur-
nished during 2022, a group health plan
or group or individual health insurance
issuer
2
must calculate the qualifying pay-
ment amount by increasing the median
contracted rate (as determined in accor-
dance with § 54.9816-6T(b), 29 CFR
2590.716-6(b), and 45 CFR 149.140(b))
for the same or similar item or service
under such plan or coverage, on January
31, 2019, by the combined percentage
increase as published by the Department
of the Treasury (Treasury Department)
and the Internal Revenue Service (IRS)
to reflect the percentage increase in the
consumer price index for all urban con-
sumers (U.S. city average) (CPI-U) over
2019, such percentage increase over 2020,
and such percentage increase over 2021.
Per Rev. Proc. 2022-11, 2022-3 IRB 449,
for items and services provided on or af-
ter January 1, 2022, and before January 1,
2023, the combined percentage increase
to adjust the median contracted rate is
1.0648523983.
Pursuant to § 54.9816-6T(c)(3)(i), 29
CFR 2590.716-6(c)(3)(i), and 45 CFR
149.140(c)(3)(i), for an item or service
furnished during 2022, a plan or issuer
that does not have sufficient information
to calculate the median of the contracted
rates in 2019 for the same or similar item
or service provided in a geographic region
must calculate the qualifying payment
amount by first identifying the rate that
is equal to the median of the in-network
allowed amounts for the same or similar
item or service provided in the geographic
region in 2021, determined by the plan or
issuer through use of any eligible database,
and then increasing that rate by the per-
centage increase in the CPI-U over 2021.
Similarly, in the case of a newly covered
item or service furnished during the first
coverage year, when a plan or issuer does
not have sufficient information to calcu-
late the median of the contracted rates in
the first coverage year for the item or ser-
vice, the plan or issuer must calculate the
qualifying payment amount by using an
eligible database to determine the rate that
is equal to the median of the in-network
allowed amounts for the same or similar
item or service provided in the geographic
region in the year immediately preceding
the first coverage year, and then increasing
that rate by the percentage increase in the
CPI-U over the preceding year.
3

Under § 54.9816-6T(c)(3)(ii), 29
CFR 2590.716-6(c)(3)(ii), and 45 CFR
149.140(c)(3)(ii), for an item or service
furnished in a subsequent year (before
the first sufficient information year for the
item or service with respect to the plan or
coverage), the plan or issuer must calcu-
late the qualifying payment amount by
increasing the qualifying payment amount
determined for the item or service for the
year immediately preceding the subse-
quent year, by the percentage increase in
the CPI-U over the preceding year.
SECTION 3. GUIDANCE
The percentage increase in the CPI-U
over a preceding year is calculated by
dividing the average CPI-U for the pre-
ceding year by the average CPI-U for the
year immediately prior to the preceding
year. For this purpose, the average CPI-U
for a year is the average of the monthly
CPI-Us published by the Bureau of Labor
Statistics of the Department of Labor for
the 12-month period ending on August 31
of each year. The percentage increase in
the CPI-U for items and services provid-
ed in 2022 over the preceding year is the
average CPI-U for 2021 over the average
CPI-U for 2020. Pursuant to this calcula-
tion, the percentage increase from 2021 to
2022 is 1.0299772040.
Therefore, for an item or service fur-
nished in 2022 for which a plan or issu-
er does not have sufficient information
to calculate the median of the contracted
rates in 2019, the plan or issuer must cal-
culate the qualifying payment amount by
multiplying the median of the in-network
allowed amounts for the same or similar
item or service provided in the geographic
region in 2021, drawn from any eligible
database, by the percentage increase of
1.0299772040. Similarly, in the case of a
newly covered item or service furnished
in 2022, when 2022 is the first coverage
year for the item or service with respect
to the plan or coverage, the plan or issu-
er must calculate the qualifying payment
amount by multiplying the median of the
in-network allowed amounts for the same
or similar item or service provided in the
geographic region in 2021, drawn from
any eligible database, by the percentage
increase of 1.0299772040. Pursuant to
1
These interim final rules were issued in July 2021 to implement sections 9816 and 9817 of the Code, sections 716 and 717 of ERISA, and sections 2799A-1 and 2799A-2 of the PHS Act.
86 FR 36872 (7/13/21).
2
5 CFR 890.114(b) provides that, for purposes of the No Surprises Act, “group health plan” means “a health benefits plan” offered by carriers under the Federal Employees Health Benefits
(FEHB) Act. Accordingly, the guidance provided in this notice also applies to FEHB carriers. See 5 U.S.C. 8901(p).
3
In cases in which an eligible database is used to determine the qualifying payment amount with respect to an item or service furnished during a calendar year, the plan or issuer must use the
same database for determining the qualifying payment amount for that item or service through the last day of the calendar year, and if a different database is selected for some items or services,
the basis for that selection must be one or more factors not directly related to the rate of those items or services (such as sufficiency of data for those items or services).

April 4, 2022 940 Bulletin No. 2022–14
this notice, plans and issuers may round
any resulting qualifying payment amount
to the nearest dollar.
The Treasury Department and the IRS
anticipate issuing additional guidance re-
garding the calculation of the qualifying
payment amount in these circumstances
for subsequent years.
SECTION 4. EFFECTIVE DATE
The effective date of this notice is Jan-
uary 1, 2022.
SECTION 5. DRAFTING
INFORMATION
The principal author of this notice is
Kari DiCecco of the Office of Associate
Chief Counsel (Employee Benefits, Ex-
empt Organizations, and Employment
Taxes). For further information regarding
this notice, contact Kari DiCecco at 202-
317-5500 (not a toll-free number).

Relief from Addition to
Tax for Underpayment of
Estimated Income Tax by
Individual Farmers and
Fishermen
Notice 2022-13
SECTION 1. PURPOSE
This notice provides a waiver of the
addition to tax under section 6654 of the
Internal Revenue Code (Code) for under-
payment of estimated income tax by qual-
ifying farmers and fishermen described in
this notice.
SECTION 2. BACKGROUND
Generally, the Code requires taxpayers
to pay federal income taxes as they earn
income. To the extent these taxes are not
withheld from wages or other sources, a
taxpayer must pay estimated income tax
on a quarterly basis.
Section 6654 provides that, in the
case of an individual taxpayer, estimat-
ed income tax is required to be paid in
four installments, each of which is 25
percent of the required annual payment.
With some exceptions, section 6654(l)
(2) provides that the provisions of section
6654 generally apply to certain trusts and
estates.
An individual taxpayer who fails to
make a sufficient and timely payment
of estimated income tax generally is li-
able for an addition to tax under section
6654(a). However, special rules may ap-
ply in the case of an individual taxpayer
who is a farmer or fisherman and satisfies
the requirements of section 6654(i) for a
taxable year (qualifying farmer or fisher-
man). Under section 6654(i)(1), a qual-
ifying farmer or fisherman has only one
required installment payment instead of
four quarterly payments due on January
15 of the year following the taxable year
if at least two-thirds of the taxpayer’s total
gross income was from farming or fishing
in either the taxable year or the preceding
taxable year. For a qualifying farmer or
fisherman who does not make the required
estimated tax installment payment by Jan-
uary 15 of the year following the taxable
year, section 6654(i)(1)(D) provides that
the taxpayer is not subject to an addition
to tax for failing to pay estimated income
tax if the taxpayer files the return for the
taxable year and pays the full amount of
tax reported on the return by March 1 of
the year following the taxable year.
The Secretary of the Treasury or her
delegate is authorized under section
6654(e)(3)(A) to waive the section 6654
addition to tax for an underpayment of
estimated tax in unusual circumstances to
the extent its imposition would be against
equity and good conscience.
The Department of the Treasury (Trea-
sury Department) and the Internal Rev-
enue Service (IRS) understand that, for
the 2021 taxable year, some qualifying
farmers and fishermen have been unable
to electronically file Form 7203, S Corpo-
ration Shareholder Stock and Debt Basis
Limitations, which may be required to be
included in their federal income tax re-
turns for taxable year 2021 (2021 tax re-
turns). Due to this inability, farmers and
fishermen may have had difficulty filing
their 2021 tax returns electronically by the
March 1, 2022, due date provided by sec-
tion 6654(i)(1). Accordingly, the Treasury
Department and the IRS have determined
it is appropriate to waive certain penalties
for qualifying farmers and fishermen due
to these unusual circumstances if the re-
quirements set forth in section 3 of this
notice are satisfied.
SECTION 3. WAIVER OF
UNDERPAYMENT OF ESTIMATED
INCOME TAX
Under the authority granted by section
6654(e)(3)(A), the addition to tax under
section 6654 for failure to make an esti-
mated tax payment for the 2021 taxable
year is waived for any qualifying farmer
or fisherman who files a 2021 tax return
and pays in full any tax due on the return
by April 18, 2022, or, for those taxpayers
who live in Maine or Massachusetts, by
April 19, 2022. The waiver will apply to
any taxpayer who is a qualifying farmer
or fisherman for the 2021 taxable year and
fulfills the conditions stated in the previ-
ous sentence.
The waiver will apply automatical-
ly to any taxpayer who qualifies for the
waiver and does not report an addition to
tax under section 6654 on the 2021 tax
return. Taxpayers who otherwise satisfy
the criteria for relief under this notice,
but already filed a return and reported an
addition to tax under section 6654, may
request an abatement of the addition to
tax by filing Form 843, Claim for Refund
and Request for Abatement, in accor-
dance with the Instructions for Form 843
and as follows:
• Write “Request for Relief under
Notice 2022-13” at the top of Form
843.
• Enter “6654” on line 4.
• Check the third box on line 5a.
• On line 5b, show the dates of any
payment of tax liability and addition
to tax under section 6654 for the tax
period involved.
• On line 7, state why the taxpayer’s
circumstances satisfy the criteria for
relief under this notice. Generally,
this would include the status of the
taxpayer as a qualifying farmer or
fisherman, filing a 2021 tax return,
and paying in full any tax due on the
return by April 18, 2022, or, for those
taxpayers who live in Maine or Mas-
sachusetts, by April 19, 2022.

Bulletin No. 2022–14 941 April 4, 2022
SECTION 4. CONTACT
INFORMATION
The principal author of this notice is
Alexander Wu of the Office of the Associ-
ate Chief Counsel (Procedure and Admin-
istration). For further information, please
contact Mr. Wu at (202) 317-6845 (not a
toll-free number).

Update for Weighted
Average Interest Rates,
Yield Curves, and Segment
Rates
Notice 2022-14
This notice provides guidance on the
corporate bond monthly yield curve, the
corresponding spot segment rates used un-
der § 417(e)(3), and the 24-month average
segment rates under § 430(h)(2) of the Inter-
nal Revenue Code. In addition, this notice
provides guidance as to the interest rate on
30-year Treasury securities under § 417(e)
(3)(A)(ii)(II) as in effect for plan years
beginning before 2008 and the 30-year
Treasury weighted average rate under
§ 431(c)(6)(E)(ii)(I).
YIELD CURVE AND SEGMENT
RATES
Section 430 specifies the minimum
funding requirements that apply to sin-
gle-employer plans (except for CSEC
plans under § 414(y)) pursuant to § 412.
Section 430(h)(2) specifies the inter-
est rates that must be used to determine
a plan’s target normal cost and funding
target. Under this provision, present val-
ue is generally determined using three
24-month average interest rates (“segment
rates”), each of which applies to cash
flows during specified periods. To the ex-
tent provided under § 430(h)(2)(C)(iv),
these segment rates are adjusted by the ap-
plicable percentage of the 25-year average
segment rates for the period ending Sep-
tember 30 of the year preceding the cal-
endar year in which the plan year begins.
1

However, an election may be made un-
der § 430(h)(2)(D)(ii) to use the monthly
yield curve in place of the segment rates.
Notice 2007-81, 2007-44 I.R.B. 899,
provides guidelines for determining the
monthly corporate bond yield curve, and
the 24-month average corporate bond
segment rates used to compute the target
normal cost and the funding target. Con-
sistent with the methodology specified in
Notice 2007-81, the monthly corporate
bond yield curve derived from February
2022 data is in Table 2022-2 at the end
of this notice. The spot first, second, and
third segment rates for the month of Feb-
ruary 2022 are, respectively, 1.88, 3.35,
and 3.70.
The 24-month average segment rates
determined under § 430(h)(2)(C)(i)
through (iii) must be adjusted pursuant to
§ 430(h)(2)(C)(iv) to be within the appli-
cable minimum and maximum percent-
ages of the corresponding 25-year aver-
age segment rates. The 25-year average
segment rates for plan years beginning in
2021 and 2022 were published in Notice
2020-72, 2020-40 I.R.B. 789, and Notice
2021-54, 2021-41 I.R.B. 457, respectively.
24-MONTH AVERAGE CORPORATE
BOND SEGMENT RATES
The three 24-month average corporate
bond segment rates applicable for March
2022 without adjustment for the 25-year
average segment rate limits are as follows:
24-Month Average Segment Rates Without 25-Year Average Adjustment
Applicable Month First Segment Second Segment Third Segment
March 2022 0.87 2.64 3.28
25-YEAR AVERAGE SEGMENT
RATES
Section 9706(a) of the American Res-
cue Plan Act of 2021, Pub. L. No. 117-2
(the ARP), which was enacted on March
11, 2021, changes the 25-year average
segment rates and the applicable min-
imum and maximum percentages used
under § 430(h)(3)(C)(iv) of the Code to
adjust the 24-month average segment
rates.
2
Prior to this change, the applicable
minimum and maximum percentages were
85% and 115% for a plan year beginning
in 2021, and 80% and 120% for plan year
beginning in 2022, respectively. After this
change, the applicable minimum and max-
imum percentages are 95% and 105% for
a plan year beginning in 2021 or 2022. In
addition, pursuant to this change, any 25-
year average segment rate that is less than
5% is deemed to be 5%.
3
Pursuant to § 9706(c)(1) of the ARP,
these changes apply with respect to plan
years beginning on or after January 1,
2020. However, § 9706(c)(2) of the ARP
provides that a plan sponsor may elect not
to have these changes apply to any plan
year beginning before January 1, 2022.
4
The adjusted 24-month average seg-
ment rates set forth in the chart below
reflect § 430(h)(2)(C)(iv) of the Code
as amended by § 9706(a) of the ARP.
These adjusted 24-month average seg-
ment rates apply only for plan years for
which an election under § 9706(c)(2) of
1
Pursuant to § 433(h)(3)(A), the third segment rate determined under § 430(h)(2)(C) is used to determine the current liability of a CSEC plan (which is used to calculate the minimum amount
of the full funding limitation under § 433(c)(7)(C)).
2
Section 80602 of the Infrastructure Investment and Jobs Act, Pub. L. 117-58, makes further changes to the time periods for which specified applicable minimum and maximum percentages
apply.
3
Pursuant to this change, the 25-year averages of the first segment rate for 2021 and 2022 are increased to 5.00% because those 25-year averages as originally published are below 5.00%.
4
This election may be made either for all purposes for which the amendments under § 9706 of the ARP apply or solely for purposes of determining the adjusted funding target attainment
percentage under § 436 of the Code for the plan year.

April 4, 2022 942 Bulletin No. 2022–14
the ARP is not in effect. For a plan year
for which such an election does not ap-
ply, the 24-month averages applicable
for March 2022, adjusted to be within
the applicable minimum and maximum
percentages of the corresponding 25-year
average segment rates in accordance with
§ 430(h)(2)(C)(iv) of the Code, are as
follows:
Adjusted 24-Month Average Segment Rates
For Plan Years
Beginning In
Applicable
Month
First
Segment
Second
Segment
Third
Segment
2021March 20224.755.366.11
2022March 20224.755.185.92
The adjusted 24-month average seg-
ment rates set forth in the chart below do
not reflect the changes to § 430(h)(2)(C)
(iv) of the Code made by § 9706(a) of the
ARP. These adjusted 24-month average
segment rates apply only for plan years
for which an election under § 9706(c)(2)
of the ARP is in effect. For a plan year
for which such an election applies, the
24-month averages applicable for March
2022, adjusted to be within the applicable
minimum and maximum percentages of
the corresponding 25-year average seg-
ment rates in accordance with § 430(h)(2)
(C)(iv) of the Code, are as follows:
Pre-ARP Adjusted 24-Month Average Segment Rates
For Plan Years
Beginning In
Applicable
Month
First
Segment
Second
Segment
Third
Segment
2021March 20223.324.795.47
30-YEAR TREASURY SECURITIES
INTEREST RATES
Section 431 specifies the minimum
funding requirements that apply to multi-
employer plans pursuant to § 412. Section
431(c)(6)(B) specifies a minimum amount
for the full-funding limitation described
in § 431(c)(6)(A), based on the plan’s
current liability. Section 431(c)(6)(E)(ii)
(I) provides that the interest rate used to
calculate current liability for this purpose
must be no more than 5 percent above
and no more than 10 percent below the
weighted average of the rates of interest
on 30-year Treasury securities during the
four-year period ending on the last day be-
fore the beginning of the plan year. Notice
88-73, 1988-2 C.B. 383, provides guide-
lines for determining the weighted aver-
age interest rate. The rate of interest on
30-year Treasury securities for February
2022 is 2.25 percent. The Service deter-
mined this rate as the average of the dai-
ly determinations of yield on the 30-year
Treasury bond maturing in February 2052.
For plan years beginning in March 2022,
the weighted average of the rates of inter-
est on 30-year Treasury securities and the
permissible range of rates used to calcu-
late current liability are as follows:
Treasury Weighted Average Rates
For Plan Years
Beginning In
30-Year Treasury
Weighted Average
Permissible Range
90% to 105%
March 20222.091.89 to 2.20
MINIMUM PRESENT VALUE
SEGMENT RATES
In general, the applicable interest rates
under § 417(e)(3)(D) are segment rates
computed without regard to a 24-month
average. Notice 2007-81 provides guide-
lines for determining the minimum present
value segment rates. Pursuant to that no-
tice, the minimum present value segment
rates determined for February 2022 are as
follows:
Minimum Present Value Segment Rates
Month First Segment Second Segment Third Segment
February 2022 1.88 3.35 3.70

Bulletin No. 2022–14 943 April 4, 2022
DRAFTING INFORMATION
The principal author of this notice is
Tom Morgan of the Office of the Associate
Chief Counsel (Employee Benefits, Ex-
empt Organizations, and Employment
Taxes). However, other personnel from
the IRS participated in the development
of this guidance. For further information
regarding this notice, contact Mr. Morgan
at 202-317-6700 or Osmundo Bernabe at
626-927-1344 (not toll-free numbers).

April 4, 2022 944 Bulletin No. 2022–14
Table 2022-2
Monthly Yield Curve for February 2022
Derived from February 2022 Data
MaturityYieldMaturityYieldMaturityYieldMaturityYieldMaturityYield
0.50.7920.53.7040.53.7060.53.7280.53.72
1.01.2221.03.6941.03.7061.03.7281.03.72
1.51.5921.53.6941.53.7161.53.7281.53.72
2.01.8622.03.6942.03.7162.03.7282.03.72
2.52.0322.53.6942.53.7162.53.7282.53.72
3.02.1423.03.6943.03.7163.03.7283.03.72
3.52.2123.53.6943.53.7163.53.7283.53.72
4.02.2724.03.6944.03.7164.03.7284.03.72
4.52.3224.53.6944.53.7164.53.7284.53.72
5.02.3925.03.6945.03.7165.03.7285.03.72
5.52.4625.53.6945.53.7165.53.7285.53.72
6.02.5426.03.6946.03.7166.03.7286.03.72
6.52.6326.53.6946.53.7166.53.7286.53.72
7.02.7327.03.6947.03.7167.03.7287.03.72
7.52.8227.53.6947.53.7167.53.7287.53.72
8.02.9128.03.6948.03.7168.03.7288.03.72
8.53.0028.53.6948.53.7168.53.7288.53.72
9.03.0929.03.6949.03.7169.03.7289.03.72
9.53.1729.53.6949.53.7169.53.7289.53.72
10.03.2430.03.6950.03.7170.03.7290.03.72
10.53.3130.53.6950.53.7170.53.7290.53.72
11.03.3731.03.6951.03.7171.03.7291.03.72
11.53.4331.53.6951.53.7171.53.7291.53.72
12.03.4832.03.7052.03.7172.03.7292.03.72
12.53.5232.53.7052.53.7172.53.7292.53.72
13.03.5533.03.7053.03.7173.03.7293.03.72
13.53.5833.53.7053.53.7173.53.7293.53.72
14.03.6134.03.7054.03.7174.03.7294.03.72
14.53.6334.53.7054.53.7174.53.7294.53.72
15.03.6535.03.7055.03.7175.03.7295.03.72
15.53.6635.53.7055.53.7175.53.7295.53.72
16.03.6736.03.7056.03.7176.03.7296.03.72
16.53.6836.53.7056.53.7176.53.7296.53.72
17.03.6837.03.7057.03.7177.03.7297.03.72
17.53.6937.53.7057.53.7177.53.7297.53.72
18.03.6938.03.7058.03.7178.03.7298.03.72
18.53.6938.53.7058.53.7178.53.7298.53.72
19.03.7039.03.7059.03.7179.03.7299.03.72
19.53.7039.53.7059.53.7279.53.7299.53.72
20.03.7040.03.7060.03.7280.03.72100.03.72

Bulletin No. 2022–14 945 April 4, 2022
26 CFR 601.601: Rules and Regulations.
(Also: §§ 147, 1.147(f)-1)
Rev. Proc. 2022-20
SECTION 1. PURPOSE
This revenue procedure provides guid-
ance regarding the public approval re-
quirement under § 147(f) of the Internal
Revenue Code for tax-exempt qualified
private activity bonds. Specifically, this
revenue procedure provides that hearings
held by teleconference as described in
section 4 of this revenue procedure will be
treated as held in a location that, based on
the facts and circumstances, is convenient
for residents of the approving governmen-
tal unit for the purpose of § 1.147(f)-1(d)
(2) of the Income Tax Regulations.
SECTION 2. BACKGROUND
.01 Pursuant to § 147(f), tax-exempt
qualified private activity bonds are subject
to a public approval requirement. Except
for refunding bonds described in § 147(f)
(2)(D), a bond issue must be approved by
the governmental unit issuing the bonds (or
on behalf of which such bonds are issued)
and by the governmental unit having juris-
diction over the area in which any facility
to be financed by the issue is located. Un-
der § 147(f)(2)(B), an issue will be treat-
ed as having been approved by any gov-
ernmental unit if the issue is approved by
the applicable elected representative of the
governmental unit after a public hearing
following reasonable public notice, or by
voter referendum of the governmental unit.
.02 Section 1.147(f)-1(d)(1) provides
that “public hearing” means a forum pro-
viding a reasonable opportunity for inter-
ested individuals to express their views,
orally or in writing, on the proposed is-
sue of bonds and the location and nature
of the proposed project to be financed.
Section 1.147(f)-1(d)(2) provides that the
public hearing must be held in a location
that, based on the facts and circumstanc-
es, is convenient for residents of the ap-
proving governmental unit. The location
is presumed convenient for residents of
the approving governmental unit if the
public hearing is located in the approv-
ing governmental unit’s capital or seat
of government. Further, if more than one
governmental unit is required to hold a
public hearing, the hearings may be com-
bined as long as the combined hearing
affords the residents of all of the partic-
ipating governmental units a reasonable
opportunity to be heard. The location of
any combined hearing is presumed con-
venient for residents of each participating
governmental unit if it is no farther than
100 miles from the seat of government of
each participating governmental unit be-
yond whose geographic jurisdiction the
hearing is conducted.
.03 In light of the Coronavirus Dis-
ease 2019 (COVID-19) pandemic, state
and local governmental units sought al-
ternatives to in-person hearings held to
meet the public approval requirement. In
response to these concerns, Rev. Proc.
2020-21, 2020-22 I.R.B. 872, provides
temporary guidance regarding the pub-
lic approval requirement under § 147(f).
Rev. Proc. 2020-21 provides that for the
period beginning May 4, 2020, and ending
on December 31, 2020 (time period lim-
itation), hearings held by teleconference
that are accessible to the residents of the
approving governmental unit by calling a
toll-free telephone number will be treat-
ed as held in a location that, based on the
facts and circumstances, is convenient for
residents of the approving governmental
unit for purposes of § 1.147(f)-1(d)(2).
Rev. Proc. 2020-49, 2020-48 I.R.B. 1121,
modified section 4.02 of Rev. Proc. 2020-
21 by extending the time period limitation
until September 30, 2021, and the time pe-
riod limitation was further extended until
March 31, 2022, by Rev. Proc. 2021-39,
2021-38 I.R.B. 426, modifying sec. 4.02
of Rev. Proc. 2020-21, and modifying and
superseding Rev. Proc. 2020-49.
.04 The Department of the Treasury
(Treasury Department) and the Internal
Revenue Service (IRS) have received re-
quests to permanently allow public hear-
ings for qualified private activity bonds
to be held telephonically. In the past, the
Treasury Department and the IRS rejected
suggestions that an effective public hear-
ing for qualified private activity bonds
may be held by teleconference or webi-
nar. See TD 9845 (83 FR 67687 (Dec. 31,
2018)). The experience using telephonic
hearings during the COVID-19 pandem-
ic has shown that telephonic access has in
fact made it easier for the public to express
its views regarding a proposed private ac-
tivity bond issue and thus furthers the pur-
pose of the public approval requirement in
§ 147(f). Accordingly, this revenue proce-
dure provides the requested guidance by
eliminating the time period limitation on
holding public hearings telephonically.
SECTION 3. SCOPE
This revenue procedure applies to hear-
ings held telephonically for the purpose of
satisfying the public approval requirement
under § 147(f).
SECTION 4. APPLICATION
A hearing that is held by teleconference
accessible to the residents of the approv-
ing governmental unit by calling a toll-
free telephone number will be treated as
held in a location that, based on the facts
and circumstances, is convenient for resi-
dents of the approving governmental unit
for the purpose of § 1.147(f)-1(d)(2). Pro-
vided the requirements of the preceding
sentence are satisfied, governmental units
are not precluded from offering additional
access to the hearing by other telephone
numbers, internet-based meeting technol-
ogy, or in-person attendance.
SECTION 5. EFFECT ON OTHER
DOCUMENTS
This revenue procedure modifies and
supersedes Rev. Proc. 2020-21 and Rev.
Proc. 2021-39.
SECTION 6. DATE OF
APPLICABILITY
This revenue procedure applies to pub-
lic hearings held on or after March 18,
2022.
SECTION 7. DRAFTING
INFORMATION
The principal authors of this revenue
procedure are Johanna Som de Cerff and
David White of the Office of Associate
Chief Counsel (Financial Institutions &
Products). For further information regard-
ing this revenue procedure, contact Ms.
Som de Cerff or Mr. White on (202) 317-
6980 (not a toll-free number).

Bulletin No. 2022–14 i April 4, 2022
Definition of Terms
Revenue rulings and revenue procedures
(hereinafter referred to as “rulings”) that
have an effect on previous rulings use the
following defined terms to describe 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 ap-
plied 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 be-
ing made clear because the language has
caused, or may cause, some confusion. It
is not used where a position in a prior rul-
ing is being changed.
Distinguished describes a situation
where a ruling mentions a previously pub-
lished ruling and points out an essential
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 applies 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 transactions.
This term is most commonly used in a ruling
that lists previously published rulings that
are obsoleted because of changes in laws or
regulations. A ruling may also be obsoleted
because the substance has been included in
regulations subsequently adopted.
Revoked describes situations where the
position in the previously published ruling
is not correct and the correct position is
being stated in a 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
period of time in separate rulings. If the
new ruling does more than restate the sub-
stance of a prior ruling, a combination of
terms is used. For example, modified and
superseded describes a situation where the
substance of a previously published ruling
is being changed in part and is continued
without change in part and it is desired to
restate the valid portion of the previous-
ly 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 superseded.
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 published that
includes the list in the original ruling and
the additions, and supersedes all prior rul-
ings 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 cas-
es in litigation, or the outcome of a Ser-
vice study.
Abbreviations
The following abbreviations in current
use and formerly 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.—Statement 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.

April 4, 2022 ii Bulletin No. 2022–14
Numerical Finding List
1
Bulletin 2022–14
Announcements:
2022-3, 2022-8 I.R.B. 788
2022-4, 2022-9 I.R.B. 789
2022-5, 2022-11 I.R.B. 825
2022-6, 2022-13 I.R.B. 934
AOD:
2022-1, 2022-06 I.R.B. 466
2022-2, 2022-12 I.R.B. 903
Notices:
2022-1, 2022-02 I.R.B. 304
2022-2, 2022-02 I.R.B. 304
2022-3, 2022-02 I.R.B. 308
2022-4, 2022-02 I.R.B. 309
2022-5, 2022-05 I.R.B. 457
2022-6, 2022-05 I.R.B. 460
2022-7, 2022-06 I.R.B. 469
2022-8, 2022-07 I.R.B. 491
2022-9, 2022-10 I.R.B. 811
2022-10, 2022-10 I.R.B. 815
2022-12, 2022-12 I.R.B. 906
2022-11, 2022-14 I.R.B. 939
2022-13, 2022-14 I.R.B. 940
2022-14, 2022-14 I.R.B. 941
Proposed Regulations:
REG-118250-20, 2022-07 I.R.B. 753
REG-105954-20, 2022-11 I.R.B. 828
REG-114209-21, 2022-11 I.R.B. 898
Revenue Procedures:
2022-1, 2022-01 I.R.B. 1
2022-2, 2022-01 I.R.B. 120
2022-3, 2022-01 I.R.B. 144
2022-4, 2022-01 I.R.B. 161
2022-5, 2022-01 I.R.B. 256
2022-7, 2022-01 I.R.B. 297
2022-9, 2022-02 I.R.B. 310
2022-11, 2022-03 I.R.B. 449
2022-8, 2022-04 I.R.B. 451
2022-10, 2022-06 I.R.B. 473
2022-13, 2022-06 I.R.B. 477
2022-12, 2022-07 I.R.B. 494
2022-14, 2022-07 I.R.B. 502
2022-15, 2022-13 I.R.B. 908
2022-17, 2022-13 I.R.B. 930
2022-17, 2022-13 I.R.B. 933
2022-20, 2022-14 I.R.B. 945
Revenue Rulings:
2022-1, 2022-02 I.R.B. 301
Revenue Rulings:—Continued
2022-2, 2022-04 I.R.B. 451
2022-3, 2022-06 I.R.B. 467
2022-4, 2022-10 I.R.B. 790
2022-5, 2022-10 I.R.B. 792
2022-6, 2022-12 I.R.B. 904
2022-7, 2022-14 I.R.B. 935
2022-8, 2022-14 I.R.B. 936
Treasury Decisions:
9959, 2022-03 I.R.B. 328
9961, 2022-03 I.R.B. 430
9960, 2022-07 I.R.B. 481
9962, 2022-11 I.R.B. 823
1
A cumulative list of all revenue rulings, revenue procedures, Treasury decisions, etc., published in Internal Revenue Bulletins 2020–27 through 2020–52 is in Internal Revenue Bulletin
2020–52, dated December 27, 2021.

Bulletin No. 2022–14 iii April 4, 2022
Finding List of Current Actions on
Previously Published Items
1
Bulletin 2022–14
1
A cumulative list of all revenue rulings, revenue procedures, Treasury decisions, etc., published in Internal Revenue Bulletins 2020–27 through 2020–52 is in Internal Revenue Bulletin
2020–52, dated December 27, 2021.

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