bulletin Internal Revenue›Rev. Proc. 90-63, 1990-2 C.B. 664, is
SECTION 11. BANK RESERVES FOR
Internal Revenue Bulletin 1997-33 · 2026-10-03 edition · updated 2026-10-04 · United States
BAD DEBTS (§ 585) . . . . . . . . . . . . . 41
.01 Changing from the § 585
reserve method to the § 166 specific charge-off method . . . 41
1997–33 I.R.B. 29 August 18, 1997
(1) Description of change and scope . . . . . . . . . . . . . . . . . . . . 41 (2) Certain scope limitations inapplicable . . . . . . . . . . . . . . . 41 (3) Section 481(a) adjustment . 41 (4) Change from § 585 required when electing S corporation status . . . . . . . . . . . . . . . . . . . . 41 .02 Reserved . . . . . . . . . . . . . . . . . 42
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