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Internal Revenue Bulletin 1997-26 · 2026-10-03 edition · updated 2026-10-04 · United States

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.

INCOME TAX

Notice 97–36, page 6. Net operating losses; specified liability losses. Taxpayers are informed that the characterization of certain net operating losses as specified liability losses under Code section 172(f) is improper, and that the Service will closely scrutinize claims for refund and applications for tentative carryback adjustments that are attributed to specified liability losses.

EXEMPT ORGANIZATIONS

Announcement 97–63, page 8. A list is given of organizations now classified as private foundations.

Announcement 97–65, page 9. The Christian Home Endowment Foundation, Wilmington, DE, no longer qualifies as an organization to which contributions are deductible under section 170 of the Code.

Announcement 97–66, page 9. Announcement 97–54, 1997–22 I.R.B. 23, regarding the names of organizations that no longer qualify as organi

Finding Lists begin on page 14. Announcement of Disbarments and Suspensions begins on page 10.

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▸Contents — Internal Revenue Bulletin 1997-26
Internal Revenue Bulletin 1997-26

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