INCOME TAX—Continued — Internal Revenue Bulletin 2001-2

630 ; October 1998 (RR 62) 51, 4 , 747 Price indexes; inventory price com putation method (RP 49) 37, 9 , 320 Lien for taxes; validity and priority against

third parties; judgment creditor (Ct.D. 2063) 49, 6 , 697 Lifetime learning credit, hope credit,

information reporting (Notice 59) 49, 16 , 707 ; (Notice 46) 36, 21 , 290 Low-income housing credit:

Housing credit carryovers (RP 45) 34,

8 , 223 HUD programs (RR 49) 40, 4 , 451 Satisfactory bond; “bond factor”

amounts for the period July-September 1998 (RR 45) 38, 4 , 364 Medical Savings Account, cut-off year

corrected (ANN 88) 41, 14 , 483 Methods of accounting:

Automatic consent (RP 60) 51, 16 , 759 Notice and Consent requirements

(ANN 87) 40, 11 , 458 Optional standard mileage rates for 1999

(RP 63) 52, 25 , 818 Partnership property and interest, REG–

209682–94, C.B. 1998–1 , 994, changed (ANN 79) 34, 31 , 246 Penalties; substantial understatement (RP

52, 23 , 816 Per diem allowances for 1999 (RP 64) 52,

32 , 825 Private delivery services; timely filing or

payment (Notice 47) 37, 8 , 319 Proposed regulations:

26 CFR 1.32–3, added; EIC eligibility requirements (REG–116608–97) 29, 12 , 78 26 CFR 1.41–0, –1, –4, revised; 1.41–2, amended; 1.41–3 redesignated as 1.41–3A, added; new 1.41–3, added; 1.41–5 redesignated as 1.41–4A, amended; 1.41–6 redesignated as 1.41–5, amended; 1.41–7 redesignated as 1.41–5A, amended; 1.41–8 redesignated as 1.41–6, amended; 1.41–9 redesignated as 1.41–7; new 1.41–8, added; 1.41–0A, added; 1.218–0, removed (REG–105170– 97) 50, 10 , 729 26 CFR 1.62–2(e)(2), revised; 1.62–2T, removed; 1.274–5, added; –5T, 1.274(d)–1, amended; substantiation of business expenses, use of mileage

rates to substantiate automobile expenses (REG–122488–97) 42, 19 , 508 26 CFR 1.83–6, 1.1032–2, amended; 1.1032–3, added; treatment of a disposition by one corporation of the stock of another corporation in a taxable transaction (REG–106221–98) 41, 10 , 479 26 CFR 1.408A–0 through –9 and intermediary sections, added; Roth IRAs, questions and answers (REG–115393–98) 39, 34 , 427 26 CFR 1.529–0 through –6 and intermediary sections, added; Qualified State Tuition Programs (REG– 106177–97) 37, 33 , 344 26 CFR 1.671–4, 1.6049–7, 301.6109– 1, amended; reporting requirements for widely held fixed investment trusts (REG–209813–96) 35, 9 , 259 26 CFR 1.936–1T, added; termination of Puerto Rico and possession tax credit, new lines of business prohibited (REG–115446–97) 36, 23 , 292 26 CFR 1.985–8, 1.1001–5, added; conversion to the euro (REG– 110332–98) 33, 18 , 212 26 CFR 1.1092(c)–1, added; equity options without standard terms, special rules and definitions (REG–104641– 97) 29, 9 , 75 26 CFR 1.1366–1, –2, removed; 1.1366–0 through –5 and intermediary sections, added; 1.1367–0, –1, amended; 1.1367–3, removed; 1.1368–0, –1, –2, –3, amended; 1.1368–4, revised; pass through of items of an S corporation to its shareholders (REG–209446– 82) 36, 24 , 293 26 CFR 1.6031(a)–1(e)(1)(iv), added; 301.6011–3, added; 301.6031–1, revised; 301.6721–1, amended; partnership returns required on magnetic media (REG–102023–98) 48, 6 , 683 26 CFR 1.6038–3, added; information returns for certain foreign partnerships (REG–118966–97) 39, 29 , 422 26 CFR 1.6038B–1, amended; 1.6038B– 2, added; reporting of certain transfers to foreign corporations and foreign partnerships (REG– 118926–97) 39, 23 , 416 26 CFR 1.6046A–1, added; return re

quirement for U.S. persons owning interests in foreign partnerships (REG–209060–86) 39, 18 , 411 26 CFR 54.9811–1, added; HIPAA Newborns’ and Mothers’ Health Protection Act (REG–109708–97) 45, 29 , 614 26 CFR 301.6402–5(h), added; –6(n), revised; tax refund offset program (REG–104565–97) 39, 21 , 414 Public hearing on REG–251698–97,

(ANN 82) 35, 17 , 267 Qualified Funeral Trust, guidance (Notice

3, 52; (Notice 66) 52, 17 , 810 Qualified offer rule; award of administra tive and litigation costs (Notice 55) 46, 26 , 642 Qualified small business stock (RP 48)

38, 7 , 367 Qualified student loan interest (Notice 54)

46, 25 , 641 Qualified Zone Academy Bonds (RP) 3,

100; limitations for 1999 (RP 57) 48, 5 , 682 Regulations:

26 CFR 1.32–3T, added; EIC eligibility requirements (TD 8773) 29, 4 , 70 26 CFR 1.62–2, 1–274(d)–1, amended; 1.62–2T, 1.274(d)–1T, added; substantiation requirements (TD 8784) 42, 4 , 493 26 CFR 1.108–4, added; 1.108(c)–1, redesignated; 1.108–6, added; 1.108(a)–1, –2, –(b)–1, 1.1016–7, –8, removed; 1.1017–1, revised; 1.1017–2, removed; 301.9100–13T, removed; basis reduction due to discharge of indebtedness (TD 8787) 46, 5 , 621 26 CFR 1.367(a)–1T, –3, amended; 1.367(a)–3T, removed; 1.367(a)–8, 1.367(b)–1, –4, added; 1.367(d)–1T, amended; 1.6038B–1, added; 1.6038B–1T; 7.367(b)–1, –4, –7, amended; certain transfers of stock or securities by U.S. persons to foreign corporations (TD 8770) 27, 4 , 3 26 CFR 1.368–1(e)(6), revised; continuity of interest requirement for corporate reorganizations (TD 8783) 41, 4 , 473 26 CFR 1.411(d)–4, amended; permitted elimination of preretirement optional forms of benefit (TD 8769) 28, 4 , 50

2001–2 I.R.B. 293 January 8, 2001