ESTATE TAX

T.D. 9501, page 651. Final regulations under section 6109 of the Code provide guidance to tax return preparers on furnishing an identifying number on tax returns and claims for refund of tax.

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Rev. Proc. 2010–40, page 663. Cost-of-living adjustments for 2011. This procedure sets forth the cost-of-living adjustments to certain items for 2011 due to inflation as required under various provisions of the Code and Service guidance. This procedure does not include the following items: the tax rate tables under section 1, the child tax credit under section 24, the Hope Scholarship and Lifetime Learning Credits under section 25A, the earned income credit under section 32, the standard deduction under section 63, the overall limitation on itemized deductions under section 68, the qualified transportation fringe under section 132, the personal exemption under section 151, and the interest on education loans under section 221. Those items will be addressed in future guidance.