Bulletin No. 2002-39 September 30, 2002

Rev. Proc. 2002–61, page 616. Optional standard mileage rates. This procedure announces 36 cents as the optional rate for deducting or accounting for expenses for business use of an automobile, 14 cents as the optional rate for use of an automobile as a charitable contribution, and 12 cents as the optional rate for use of an automobile as a medical or moving expense for 2003. It provides rules for substantiating the deductible expenses of using an automobile for business, moving, medical, or charitable purposes. Rev. Proc. 2001–54 superseded.

Announcement 2002–85, page 624. The Service announces that Publication 555, Community Prop- erty (revised June 2002), is now available. This publication provides basic federal tax information for married taxpayers who are domiciled in a community property state.

Announcement 2002–86, page 624. The Service announces that Publication 520, Scholarships and Fellowships (revised June 2002), is now available. This publication provides basic federal tax information concerning scholarships, fellowships, and tuition reductions.

Announcement 2002–89, page 626. This document contains corrections to final regulations (T.D. 8925, 2001–1 C.B. 496) clarifying the tax consequences of partnership mergers and divisions.