[Federal Register Volume 79, Number 19 (Wednesday, January 29, 2014)]
[Rules and Regulations]
[Page 4623]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-01619]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 31

[TD 9645]
RIN 1545-BK54


Rules Relating to Additional Medicare; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correcting amendment.

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SUMMARY: This document contains corrections to final regulations (TD 
9645) that were published in the Federal Register on Friday, November 
29, 2013. The final regulations are relating to Additional Hospital 
Insurance Tax on income above threshold amounts, as added by the 
Affordable Care Act.

DATES: This correction is effective January 29, 2014 and applicable 
beginning November 29, 2013.

FOR FURTHER INFORMATION CONTACT: Andrew K. Holubeck, at (202) 317-4774 
(not a toll free number).

SUPPLEMENTARY INFORMATION:

Background

    The final regulations (TD 9645) that are the subject of this 
correction are issued in connection with the Additional Hospital 
Insurance Tax on income above threshold amounts (``Additional Medicare 
Tax''), as added by section 9015 of the Patient Protection and 
Affordable Care Act (PPACA), Public Law 111-148 (124 Stat. 119 (2010)), 
and as amended by section 10906 of the PPACA and section 1402(b) of the 
Health Care and Education Reconciliation Act of 2010, Public Law 111-
152.

Need for Correction

    As published, the final regulations (TD 9645), published November 
29, 2013 (78 FR 71468), contain errors that may prove to be misleading 
and are in need of clarification.

List of Subjects in 26 CFR Part 31

    Employment taxes, Income taxes, Penalties, Pensions, Railroad 
retirement, Reporting and recordkeeping requirements, Social Security, 
Unemployment compensation.

Correction of Publication

    Accordingly, 26 CFR Part 31 is corrected by making the following 
correcting amendments:

PART 31--EMPLOYMENT TAXERS AND COLLECTION OF INCOME TAX AT THE 
SOURCE

0
Paragraph 1. The authority citation for part 31 continues to read in 
part as follows:

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


0
Par. 2. Section 31.3101-2 is amended by revising paragraph (d) to read 
as follows:


Sec.  31.3101-2  Rates and computation of employee tax.

* * * * *
    (d) Effective/applicability date. Paragraphs (a), (b), and (c) of 
this section apply to quarters beginning on or after November 29, 2013.


0
Par. 3. Section 31.6011(a)-1 is amended by revising the first sentence 
of paragraph (g) to read as follows:


Sec.  31.6011(a)-1  Returns under Federal Insurance Contributions Act.

* * * * *
    (g) * * * An employee who is paid wages, as defined in section 
3121(a), subject to the tax under section 3101(b)(2) (Additional 
Medicare Tax), must make a return for the taxable year in respect of 
such tax. * * *
* * * * *


0
Par. 4. Section 31.6413(a)-2 is amended by revising paragraph (e) to 
read as follows:


Sec.  31.6413(a)-2  Adjustments of overpayments.

* * * * *
    (e) Effective/applicability date. Paragraphs (a) and (b) of this 
section apply to adjusted returns filed on or after November 29, 2013.

Martin V. Franks,
Chief, Publications and Regulations Branch, Legal Processing Division, 
Associate Chief Counsel (Procedure and Administration).
[FR Doc. 2014-01619 Filed 1-28-14; 8:45 am]
BILLING CODE 4830-01-P