Notice 2020-74, page 887.
Internal Revenue Bulletin 2020-41 · 2026-10-03 edition · updated 2026-10-04 · United States
This notice explains the circumstances under which the fouryear replacement period under section 1033(e)(2) is extended for livestock sold on account of drought. The Appendix to this notice contains a list of counties that experienced exceptional, extreme, or severe drought conditions during the 12-month period ending August 31, 2020. Taxpayers may use this list to determine if any extension is available.
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