[Federal Register Volume 76, Number 194 (Thursday, October 6, 2011)]
[Rules and Regulations]
[Page 61946]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-25773]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[TD 9549]
RIN 1545-BH28


Implementation of Form 990; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correcting amendment.

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SUMMARY: This document describes a correcting amendment to final 
regulations (TD 9549) that implement the redesigned Form 990, ``Return 
of Organization Exempt From Income Tax''. These regulations were 
published in the Federal Register on Thursday, September 8, 2011 (76 FR 
55746).

DATES: This correction is effective on October 6, 2011, and is 
applicable on September 8, 2011.

FOR FURTHER INFORMATION CONTACT: Terri Harris, (202) 622-6070 (not a 
toll-free number).

SUPPLEMENTARY INFORMATION: 

Background

    The final regulations that are the subject of this correction are 
under sections 170A, 507, 509, 6033 and 6043 of the Internal Revenue 
Code.

Need for Correction

    As published, final regulations (TD 9549) contain an error that may 
prove to be misleading and is in need of clarification.

List of Subjects in 26 CFR Part 1

    Income taxes, Reporting and recordkeeping requirements.

Correction of Publication

    Accordingly, 26 CFR part 1 is corrected by making the following 
correcting amendment:

PART 1--INCOME TAXES

0
Paragraph 1. The authority citation for part 1 continues to read in 
part as follows:

    Authority: 26 U.S.C. 7805. * * *

0
Par. 2. Section 1.509(a)-3 is amended by revising paragraph (n)(3) to 
read as follows:


Sec.  1.509(a)-3  Broadly, publicly supported organizations.

* * * * *
    (n) * * *
    (3) An organization that fails to meet a public support test for 
its first taxable year beginning on or after January 1, 2008, under the 
regulations in this section may use the prior test set forth in 
Sec. Sec.  1.509(a)-3(a)(2) and 1.509(a)-3(a)(3) or Sec.  1.170A-
9(e)(2) or Sec.  1.170A-9(e)(3) as in effect before September 9, 2008, 
(as contained in 26 CFR part 1 revised April 1, 2008) to determine 
whether the organization may be publicly supported for its 2008 taxable 
year based on its satisfaction of a public support test for taxable 
year 2007, computed over the period 2003 through 2006.
* * * * *

LaNita Van Dyke,
Chief, Publications and Regulations Branch, Legal Processing Division, 
Associate Chief Counsel (Procedure and Administration).
[FR Doc. 2011-25773 Filed 10-5-11; 8:45 am]
BILLING CODE 4830-01-P