Links to Official IRS Bulletin Documents listed below are in the Adobe Acrobat PDF Format, and require the appropriate Acrobat Reader to view and/or print.

INCOME TAX

Announcement 2002-13(PDF, 14K)
This announcement contains a correction to Table 6 of Rev. Rul. 2002-2 (2002-2 I.R.B. 271), the January 2002 Applicable Federal Rates. Table 6 contains the "Deemed Rate for Transfers to New Pooled Income Funds During 2002." under section 642(c)(5) of the Code.

Notice 2002-11(PDF, 13K)
Loss disallowance. This notice sets forth the Service's new position with regard to consolidated return loss disallowance rules.

T.D. 8981(PDF, 38K)
REG-107100-00(PDF, 18K)
Final, temporary and proposed regulations under sections 874 and 882 of the Code relate to the disallowance of deductions and credits for nonresident alien individuals and foreign corporations that fail to file a timely U.S. income tax return unless the Commissioner waives the filing deadlines. The temporary regulations revise the waiver standard. A public hearing on the proposed regulations is scheduled for June 3, 2002.

REG-115054-01(PDF, 45K)
Proposed regulations under section 66 of the Code relate to the treatment of community income for certain married individuals in community property states who do not file joint individual federal income tax returns. The regulations also reflect changes in the law made by the Internal Revenue Service Restructuring and Reform Act of 1998.

Rev. Proc. 2002-11(PDF, 24K)
Dealer in securities futures contracts. This procedure provides guidelines for an exchange to follow in order to obtain a letter ruling regarding whether certain persons trading on that exchange qualify as "dealers" in securities futures contracts (or options on such contracts) for purposes of section 1256(g)(9) of the Code. Also, after issuance of a specific letter ruling determining dealer status, the Service expects to publish the same conclusion in a revenue ruling.

Announcement 2002-16(PDF, 16K)
A list is provided of organizations now classified as private foundations.

T.D. 8978(PDF, 180K)
Final regulations under section 4958 of the Code relate to excise taxes on excess benefit transactions and explain the rules and definitions contained in section 4958, such as rules for when organization managers are liable for a tax and the definitions of "applicable tax-exempt organization" and "disqualified person."

EXCISE TAX

Announcement 2002-10(PDF, 14K)
The Service announces the availability of new Form 720X, Amended Quarterly Federal Excise Tax Return. This form is used to make adjustments to liability reported on Forms 720 filed for previous quarters.

T.D. 8978(PDF, 180K)
Final regulations under section 4958 of the Code relate to excise taxes on excess benefit transactions and explain the rules and definitions contained in section 4958, such as rules for when organization managers are liable for a tax and the definitions of "applicable tax-exempt organization" and "disqualified person."

Announcement 2002-9(PDF, 30K)
Deduction and capitalization of expenditures. The Service invites comments from the public on issues that the IRS expects to address in proposed regulations (REG-125638-01) relating to rules and standards that the IRS and Treasury Department expect to propose that will clarify the application of section 263(a) of the Code to expenditures incurred in acquiring, creating, or enhancing certain intangible assets or benefits.

Announcement 2002-14(PDF, 13K)
This document contains corrections to final regulations (T.D. 8973, 2002-4 I.R.B. 391) relating to the allocation of loss with respect to stock and other personal property under sections 861 and 865 of the Code.

Announcement 2002-15(PDF, 13K)
This document contains corrections to proposed regulations (REGs-142299-01 and 209135-88, 2002-4 I.R.B. 418) that apply to certain transactions or events that result in a Regulated Investment Company (RIC) or a Real Estate Investment Trust (REIT) owning property that has a basis determined by reference to a C corporation's basis in the property. February 19, 2002 2002-7 I.R.B.

Notice 2002-12(PDF, 13K)
Patriots' Day 2002 in Massachusetts and Maine. Because Patriots' Day falls on April 15, this notice provides individual taxpayers residing in Massachusetts, Michigan, New York (all counties except Nassau, Rockland, Suffolk, Westchester, and New York City), Rhode Island, and Maine an additional day to file their federal income tax returns and make their payments (until April 16, 2002). This includes the payment of the first installment of estimated tax for 2002.