[Federal Register Volume 74, Number 31 (Wednesday, February 18, 2009)]
[Proposed Rules]
[Page 7575]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E9-3323]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-148326-05]
RIN 1545-BF50


Further Guidance on the Application of Section 409A to 
Nonqualified Deferred Compensation Plans; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to notice of proposed rulemaking.

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SUMMARY: This document contains a correction to a notice of proposed 
rulemaking (REG-148326-05) that was published in the Federal Register 
on Monday, December 8, 2008 (73 FR 74380) providing guidance on the 
calculation of amounts includible in income under section 409A(a) and 
the additional taxes imposed by such section with respect to service 
providers participating in certain nonqualified deferred compensation 
plans. The regulations would affect such service providers and the 
service recipients for whom the service providers provide services.

FOR FURTHER INFORMATION CONTACT: Stephen Tackney, (202) 927-9639 (not a 
toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    The correction notice that is the subject of this document is under 
section 409A of the Internal Revenue Code.

Need for Correction

    As published, the notice of proposed rulemaking (REG-148326-05) 
contains an error that may prove to be misleading and is in need of 
clarification.

Correction of Publication

    Accordingly, the publication of the notice of proposed rulemaking 
(REG-148326-05), which was the subject of FR Doc. E8-28894, is 
corrected as follows:
    On page 74380, column 3, in the preamble, under the caption FOR 
FURTHER INFORMATION CONTACT:, lines 1 and 2 from the bottom of the 
paragraph, the language ``hearing, Funmi Taylor at (202) 622-7190 (not 
toll-free numbers).'' is corrected to read ``hearing, Funmi Taylor at 
(202) 622-3628 (not toll-free numbers)''.

LaNita Van Dyke,
Chief, Publications and Regulations Branch, Legal Processing Division, 
Associate Chief Counsel, (Procedure and Administration).
[FR Doc. E9-3323 Filed 2-17-09; 8:45 am]
BILLING CODE 4830-01-P