Typographical corrections to the temporary regulations (T.D. 9953 (Sept. 10, 2021)) authorizing the assessment of any erroneous refund of the tax credits paid under I.R.C. §3131, §3132 (including any increases in those credits under §3133), and §3134, the IRS released Mar. 8. In addition to another minor item corrected, Treas. Reg. §31.3131–1T(c), §31.3132–1T(c), and §31.3134–1T(c) are amended by removing the language “3121(a)” and adding the language “3221(a)” in its place. The corrections are effective on Mar. 9, 2023, and applicable on Sept. 10, 2021. [T.D. 9953, RIN 1545-BQ09 88 Fed. Reg. __ (Mar. 9, 2023)]
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