[Federal Register Volume 60, Number 61 (Thursday, March 30, 1995)]
[Rules and Regulations]
[Page 16381]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-7849]



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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[T.D. 8115]


Income Taxes; Unisex Annuity Tables; Correction

AGENCY: Internal Revenue Service, Treasury.

ACTION: Correcting amendment.

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SUMMARY: This document contains a correction to the final regulations 
(T.D. 8115), which were published Friday, December 19, 1986 (51 FR 
45690), relating to the annuity tables used to compute the portion of 
the amount received as an annuity that is includible in gross income.

EFFECTIVE DATE: March 30, 1995.

FOR FURTHER INFORMATION CONTACT: Brant Goldwyn (202) 622-6040, (not a 
toll-free call).

SUPPLEMENTARY INFORMATION:

Background

    The final regulations that are the subject of this correction adopt 
the mortality assumptions used to develop the proposed annuity tables. 
Thus, the revised tables are based, as are Tables I through IV of 
Sec. 1.72-9, on individual annuitant mortality.

Need for Correction

    As published, T.D. 8115 contains an error which 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.

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

PART 1--INCOME TAXES

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

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

    Par. 2. In Sec. 1.72-9, Table VII, years 21 through 30, is amended 
by revising the entry for age 39 to read as follows:


Sec. 1.72-9   Tables.

* * * * *

                                        Table VII--Percent Value of Refund Feature; Duration of Guaranteed Amount                                       
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                                                                                              Years----                                                 
                    Age                    -------------------------------------------------------------------------------------------------------------
                                                21         22         23         24         25         26         27         28         29         30   
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                *                   *                   *                   *                   *                   *                   *               
39........................................         2          2          2          2          3          3          3          3          4          4 
                                                                                                                                                        
                *                   *                   *                   *                   *                   *                   *               
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* * * * *
Cynthia E. Grigsby,
Chief, Regulations Unit Assistant Chief Counsel (Corporate).
[FR Doc. 95-7849 Filed 3-29-95; 8:45 am]
BILLING CODE 4830-01-P