Internal Revenue Bulletin 2009-11 (PDF rendition): IRS Announcements

Preserve advance releases and the authoritative Internal Revenue Bulletin rendition; directory timestamps are file-publication metadata, not legal effective dates. HTML bulletins begin June 2003; earlier available issues require full PDF parsing. Whole bulletin rendition: numbered items are identified below; other legal material and publisher context remain included. This is not a new standalone advance release.

Bulletin No. 200
9-11
March 16, 2009
HIGHLIGHTS
OF THIS ISSUE
These synopses are intended only as aids to the reader in
identifying the subject matter covered. They may not be
relied upon as authoritative interpretations.
ADMINISTRATIVE
Rev. Proc. 2009–18, page 670.
This procedure provides issuers of qualified mortgage bonds
(QMBs) and qualified mortgage credit certificates (MCCs) with
average area purchase price safe harbors for statistical areas
in the United States and with a nationwide average purchase
price for residences in the United States for purposes of the
QMB rules under section 143 of the Code and the MCC rules
under section 25. Rev. Proc. 2008–17 obsoleted in part.
Announcement 2009–12, page 686.
This document contains corrections to temporary regulations
(T.D. 9439, 2009–5 I.R.B. 416) that relate to disclosure of
information to the Bureau of Economic Analysis. The regula-
tions inadvertently removed section 301.6103(j)(1)–1T in its
entirety. This document correctly adds the text of section
301.6103(j)(1)–1T into the Code of Federal Regulations.
Announcement 2009–13, page 686.
This document contains corrections to final regulations (T.D.
9442, 2009–6 I.R.B. 434) providing guidance regarding the
treatment of transactions involving obligations between mem-
bers of a consolidated group.
Announcement 2009–14, page 687.
This document contains a correction to proposed regulations
(REG–148326–05, 2008–51 I.R.B.1325) providing guidance
on the calculation of amounts includible in income under section
409A(a) of the Code and the additional taxes imposed by such
section with respect to service providers participating in certain
nonqualified deferred compensation plans.
Announcement 2009–15, page 687.
This document contains corrections to final regulations (T.D.
9436, 2009–3 I.R.B. 268) under sections 6694 and 6695 and
related sections of the Code implementing amendments to the
tax return preparer penalties made by the Small Business and
Work Opportunity Tax Act of 2007 and the Tax Extenders and
Alternative Minimum Tax Relief Act of 2008.
Announcements of Disbarments and Suspensions begin on page 691.
Finding Lists begin on page ii.

The IRS Mission
Provide Americ
a’s taxpayers top quality service by helping them
understand an
d meet their tax responsibilities and by applying
the tax law with
integrity and fairness to all.
Introduction
The Internal Revenue Bulletin is the authoritative instrument of
the Commissioner of Internal Revenue for announcing official
rulings and procedures of the Internal Revenue Service and for
publishing Treasury Decisions, Executive Orders, Tax Conven-
tions, legislation, court decisions, and other items of general
interest. It is published weekly and may be obtained from the
Superintendent of Documents on a subscription basis. Bulletin
contents are compiled semiannually into Cumulative Bulletins,
which are sold on a single-copy basis.
It is the policy of the Service to publish in the Bulletin all sub-
stantive rulings necessary to promote a uniform application of
the tax laws, including all rulings that supersede, revoke, mod-
ify, or amend any of those previously published in the Bulletin.
All published rulings apply retroactively unless otherwise indi-
cated. Procedures relating solely to matters of internal man-
agement are not published; however, statements of internal
practices and procedures that affect the rights and duties of
taxpayers are published.
Revenue rulings represent the conclusions of the Service on the
application of the law to the pivotal facts stated in the revenue
ruling. In those based on positions taken in rulings to taxpayers
or technical advice to Service field offices, identifying details
and information of a confidential nature are deleted to prevent
unwarranted invasions of privacy and to comply with statutory
requirements.
Rulings and procedures reported in the Bulletin do not have the
force and effect of Treasury Department Regulations, but they
may be used as precedents. Unpublished rulings will not be
relied on, used, or cited as precedents by Service personnel in
the disposition of other cases. In applying published rulings and
procedures, the effect of subsequent legislation, regulations,
court decisions, rulings, and procedures must be considered,
and Service personnel and others concerned are cautioned
against reaching the same conclusions in other cases unless
the facts and circumstances are substantially the same.
The Bulletin is divided into four parts as follows:
Part I.—19
86 Code.
This part i
ncludes rulings and decisions based on provisions of
the Intern
al Revenue Code of 1986.
Part II.—Treaties and Tax Legislation.
This part is divided into two subparts as follows: Subpart A,
Tax Conventions and Other Related Items, and Subpart B, Leg-
islation and Related Committee Reports.
Part III.—Administrative, Procedural, and Miscellaneous.
To the extent practicable, pertinent cross references to these
subjects are contained in the other Parts and Subparts. Also
included in this part are Bank Secrecy Act Administrative Rul-
ings. Bank Secrecy Act Administrative Rulings are issued by
the Department of the Treasury’s Office of the Assistant Secre-
tary (Enforcement).
Part IV
.—Items of General Interest.
This par
t includes notices of proposed rulemakings, disbar-
ment an
d suspension lists, and announcements.
The last Bulletin for each month includes a cumulative index
for the matters published during the preceding months. These
monthly indexes are cumulated on a semiannual basis, and are
published in the last Bulletin of each semiannual period.
The c
ontents of this publication are not copyrighted and may be reprinted freely. A citation of the Internal Revenue Bulletin as the source would be appropriate.
For sale by the Superintendent of Documents, U.S.Government Printing Office, Washington, DC 20402.
March 16, 20092009–11 I.R.B.

Part III. Administrative, Procedural, and Miscellaneous
26 CFR 601.201: Rulings and determination letters.
(Also: Part I, §§ 25, 103, 143.)
Rev. Proc. 2009–18
SECTION 1. PURPOSE
This revenue procedure provides is-
suers of qualified mortgage bonds, as
defined in section 143(a) of the Internal
Revenue Code, and issuers of mortgage
credit certificates, as defined in section
25(c), with (1) the nationwide average
purchase price for residences located in
the United States, and (2) average area
purchase price safe harbors for residences
located in statistical areas in each state,
the District of Columbia, Puerto Rico,
the Northern Mariana Islands, American
Samoa, the Virgin Islands, and Guam.
SECTION 2. BACKGROUND
.01 Section 103(a) provides that, except
as provided in section 103(b), gross in-
come does not include interest on any state
or local bond. Section 103(b)(1) provides
that section 103(a) shall not apply to any
private activity bond that is not a “qualified
bond” within the meaning of section 141.
Section 141(e) provides, in part, that the
term “qualified bond” means any private
activity bond if such bond (1) is a quali-
fied mortgage bond under section 143, (2)
meets the volume cap requirements under
section 146, and (3) meets the applicable
requirements under section 147.
.02 Section 143(a)(1) provides that the
term “qualified mortgage bond” means a
bond that is issued as part of a qualified
mortgage issue. Section 143(a)(2)(A) pro-
vides that the term “qualified mortgage is-
sue” means an issue of one or more bonds
by a state or political subdivision thereof,
but only if: (i) all proceeds of the issue (ex-
clusive of issuance costs and a reasonably
required reserve) are to be used to finance
owner-occupied residences; (ii) the issue
meets the requirements of subsections (c),
(d), (e), (f), (g), (h), (i), and (m)(7) of sec-
tion 143; (iii) the issue does not meet the
private business tests of paragraphs (1) and
(2) of section 141(b); and (iv) with respect
to amounts received more than 10 years
after the date of issuance, repayments of
$250,000 or more of principal on mortgage
financing provided by the issue are used by
the close of the first semiannual period be-
ginning after the date the prepayment (or
complete repayment) is received to redeem
bonds that are part of the issue.
Average Area Purchase Price
.03 Section 143(e)(1) provides that an
issue of bonds meets the purchase price
requirements of section 143(e) if the ac-
quisition cost of each residence financed
by the issue does not exceed 90 percent of
the average area purchase price applicable
to such residence. Section 143(e)(5) pro-
vides that, in the case of a targeted area res-
idence (as defined in section 143(j)), sec-
tion 143(e)(1) shall be applied by substi-
tuting 110 percent for 90 percent.
.04 Section 143(e)(2) provides that the
term “average area purchase price” means,
with respect to any residence, the average
purchase price of single-family residences
(in the statistical area in which the resi-
dence is located) that were purchased dur-
ing the most recent 12-month period for
which sufficient statistical information is
available. Under sections 143(e)(3) and
(4), respectively, separate determinations
are to be made for new and existing resi-
dences, and for two-, three-, and four-fam-
ily residences.
.05 Section 143(e)(2) provides that the
determination of the average area purchase
price for a statistical area shall be made as
of the date on which the commitment to
provide the financing is made or, if earlier,
the date of the purchase of the residence.
.06 Section 143(k)(2)(A) provides that
the term “statistical area” means (i) a
metropolitan statistical area (MSA), and
(ii) any county (or the portion thereof)
that is not within an MSA. Section
143(k)(2)(C) further provides that if suf-
ficient recent statistical information with
respect to a county (or portion thereof)
is unavailable, the Secretary may sub-
stitute another area for which there is
sufficient recent statistical information for
such county (or portion thereof). In the
case of any portion of a State which is
not within a county, section 143(k)(2)(D)
provides that the Secretary may designate
as a county any area that is the equivalent
of a county. Section 6a.103A–1(b)(4)(i)
of the Temporary Income Tax Regulations
(issued under section 103A of the Internal
Revenue Code of 1954, the predecessor of
section 143) provides that the term “State”
includes a possession of the United States
and the District of Columbia.
.07 Section 6a.103A–2(f)(5)(i) pro-
vides that an issuer may rely upon the aver-
age area purchase price safe harbors pub-
lished by the Department of the Treasury
for the statistical area in which a residence
is located. Section 6a.103A–2(f)(5)(i)
further provides that an issuer may use
an average area purchase price limitation
different from the published safe harbor if
the issuer has more accurate and compre-
hensive data for the statistical area.
Qualified Mortgage Credit Certificate
Program
.08 Section 25(c) permits a state or
political subdivision to establish a quali-
fied mortgage credit certificate program.
In general, a qualified mortgage credit
certificate program is a program under
which the issuing authority elects not to
issue an amount of private activity bonds
that it may otherwise issue during the
calendar year under section 146, and in
their place, issues mortgage credit certifi-
cates to taxpayers in connection with the
acquisition of their principal residences.
Section 25(a)(1) provides, in general, that
the holder of a mortgage credit certificate
may claim a federal income tax credit
equal to the product of the credit rate
specified in the certificate and the interest
paid or accrued during the tax year on the
remaining principal of the indebtedness
incurred to acquire the residence. Section
25(c)(2)(A)(iii)(III) generally provides
that residences acquired in connection
with the issuance of mortgage credit cer-
tificates must meet the purchase price
requirements of section 143(e).
Income Limitations for Qualified
Mortgage Bonds and Mortgage Credit
Certificates
.09 Section 143(f) imposes limitations
on the income of mortgagors for whom
financing may be provided by qualified
mortgage bonds. In addition, section
25(c)(2)(A)(iii)(IV) provides that holders
of mortgage credit certificates must meet
2009–11 I.R.B.670March 16, 2009

the income requirement of section 143(f).
Generally, under sections 143(f)(1) and
25(c)(2)(A)(iii)(IV), the income require-
ment is met only if all owner-financing
under a qualified mortgage bond and all
mortgage credit certificates issued under a
qualified mortgage credit certificate pro-
gram are provided to mortgagors whose
family income is 115 percent or less of the
applicable median family income. Section
143(f)(5), however, generally provides
for an upward adjustment to the percent-
age limitation in high housing cost areas.
High housing cost areas are defined in
section 143(f)(5)(C) as any statistical area
for which the housing cost/income ratio is
greater than 1.2.
.10 Under section 143(f)(5)(D), the
housing cost/income ratio with respect to
any statistical area is determined by divid-
ing (a) the applicable housing price ratio
for such area by (b) the ratio that the area
median gross income for such area bears
to the median gross income for the United
States. The applicable housing price ratio
is the new housing price ratio (new hous-
ing average area purchase price divided by
the new housing average purchase price
for the United States) or the existing hous-
ing price ratio (existing housing average
area purchase price divided by the existing
housing average purchase price for the
United States), whichever results in the
housing cost/income ratio being closer to
1.
Average Area and Nationwide Purchase
Price Limitations
.11 Average area purchase price safe
harbors for each state, the District of
Columbia, Puerto Rico, the Northern
Mariana Islands, American Samoa, the
Virgin Islands, and Guam were last
published in Rev. Proc. 2008–17,
2008–10 I.R.B. 549.
.12 The nationwideaverage purchase
price limitation was last published in
section 4.02 of Rev. Proc. 2008–17.
Guidance with respect to the United States
and area median grossincome figures that
aretobeusedincomputingthehousing
cost/income ratio described in section
143(f)(5) was last published in Rev. Proc.
2008–19, 2008–11 I.R.B. 594.
.13 This revenue procedure uses FHA
loan limits for a given statistical area to
calculate the average area purchase price
safe harbor for that area. FHA sets lim-
its on the dollar value of loans it will in-
sure based on median home prices and
conforming loan limits established by the
Federal Home Loan Mortgage Corpora-
tion. In particular, FHA sets an area’s loan
limit at 95 percent of the median home
sales price for the area, subject to certain
floors and caps measured against conform-
ingloanlimits.
.14 To calculate the average area pur-
chase price safe harbors in this revenue
procedure, the FHA loan limits are ad-
justed to take into account the differences
between average and median purchase
prices. Because FHA loan limits do not
differentiate between new and existing
residences, this revenue procedure con-
tains a single average area purchase price
safe harbor for both new and existing
residences in a statistical area. The Trea-
sury Department and the Internal Revenue
Service have determined that FHA loan
limits provide a reasonable basis for de-
termining average area purchase price
safe harbors. If the Treasury Department
and the Internal Revenue Service become
aware of other sources of average purchase
price data, including data that differentiate
between new and existing residences, con-
sideration will be given as to whether such
data provide a more accurate method for
calculating average area purchase price
safe harbors.
.15 The average area purchase price
safeharborslistedinsection4.01ofthis
revenue procedure are based on FHA loan
limits released November 07, 2008. FHA
loan limits are available for statistical ar-
eas in each state, the District of Columbia,
Puerto Rico, the Northern Mariana Islands,
American Samoa, the Virgin Islands, and
Guam. See section 3.03 of this revenue
procedure with respect to FHA loan lim-
its revised after November 07, 2008.
.16 OMB Bulletin No. 03–04, dated
and effective June 6, 2003, revised the def-
initions of the nation’s metropolitan areas
and recognized 49 new metropolitan sta-
tistical areas. The OMB bulletin no longer
includes primary metropolitan statistical
areas.
SECTION 3. APPLICATION
Average Area Purchase Price Safe
Harbors
.01 Average area purchase price safe
harbors for statistical areas in each state,
the District of Columbia, Puerto Rico,
the Northern Mariana Islands, American
Samoa, the Virgin Islands, and Guam are
set forth in section 4.01 of this revenue
procedure. Average area purchase price
safe harbors are provided for single-family
and two to four-family residences. For
each type of residence, section 4.01 of this
revenue procedure contains a single safe
harbor that may be used for both new and
existing residences. Issuers of qualified
mortgage bonds and issuers of mortgage
credit certificates may rely on these safe
harbors to satisfy the requirements of sec-
tions 143(e) and (f). Section 4.01 of this
revenue procedure provides safe harbors
for MSAs and for certain counties and
county equivalents. If no purchase price
safe harbor is available for a statistical
area, the safe harbor for “ALL OTHER
AREAS” may be used for that statistical
area (except for Alaska, for which a sepa-
rate safe harbor is provided for statistical
areas not listed).
.02IfaresidenceisinanMSA,thesafe
harbor applicable to it is the limitation of
that MSA. If an MSA falls in more than
one state, the MSA is listed in section 4.01
of this revenue procedure under each state.
.03 If the FHA revises the FHA loan
limit for any statistical area after Novem-
ber 07, 2008, an issuer of qualified mort-
gage bonds or mortgage credit certificates
may use the revised FHA loan limit for that
statistical area to compute (as provided in
the next sentence) a revised average area
purchase price safe harbor for the statis-
tical area provided that the issuer main-
tains records evidencing the revised FHA
loan limit. The revised average area pur-
chase price safe harbor for that statisti-
cal area is computed by dividing the re-
vised FHA loan limit by .94. When new
FHA loan limits pursuant to the American
Recovery and Reinvestment Act of 2009,
P. L. 111–5, are published, those numbers
must be divided by 1.03 to compute a
revised average area purchase price safe
harbor for a statistical area.
.04 If, pursuant to section
6a.103A–2(f)(5)(i), an issuer uses more
March 16, 20096712009–11 I.R.B.

accurate and comprehensive data to
determine the average area purchase price
for a statistical area, the issuer must make
separate average area purchase price
determinations for new and existing resi-
dences. Moreover, when computing the
average area purchase price for a statistical
area that is an MSA, as defined in OMB
Bulletin No. 03–04, the issuer must make
the computation for the entire applicable
MSA. When computing the average area
purchase price for a statistical area that
is not an MSA, the issuer must make the
computation for the entire statistical area
and may not combine statistical areas.
Thus, for example, the issuer may not
combine two or more counties.
.05 If an issuer receives a ruling permit-
ting it to rely on an average area purchase
price limitation that is higher than the
applicable safe harbor in this revenue
procedure, the issuer may rely on that
higher limitation for the purpose of satis-
fying the requirements of section 143(e)
and (f) for bonds sold, and mortgage
credit certificates issued, not more than 30
months following the termination date of
the12-monthperiodusedbytheissuerto
compute the limitation.
Nationwide Average Purchase Price
.06 Section 4.02 of this revenue proce-
dure sets forth a single nationwide average
purchase price for purposes of computing
the housing cost/income ratio under sec-
tion 143(f)(5).
.07 Issuers must use the nationwide av-
erage purchase price set forth in section
4.02 of this revenue procedure when com-
puting the housing cost/income ratio un-
der section 143(f)(5) regardless of whether
they are relying on the average area pur-
chase price safe harbors contained in this
revenue procedure or using more accurate
and comprehensive data to determine av-
erage area purchase prices for new and ex-
isting residences for a statistical area that
are different from the published safe har-
bors in this revenue procedure.
.08 If, pursuant to section 6.02 of this
revenue procedure, an issuer relies on the
average area purchase price safe harbors
contained in Rev. Proc. 2008–17, the is-
suer must use the nationwide average pur-
chase price set forth in section 4.02 of Rev.
Proc. 2008–17 in computing the housing
cost/income ratio under section 143(f)(5).
Likewise, if, pursuant to section 6.05 of
this revenue procedure, an issuer relies
on the nationwide average purchase price
published in Rev. Proc. 2008–17, the is-
suer may not rely on the average area pur-
chase price safe harbors published in this
revenue procedure.
SECTION 4. AVERAGE AREA AND
NATIONWIDE AVERAGE PURCHASE
PRICES
.01 Average area purchase prices for
single-family and two to four-family res-
idences in MSAs, and for certain counties
and county equivalents are set forth below.
The safe harbor for “ALL OTHER AR-
EAS” (found at the end of the table below)
may be used for a statistical area that is not
listed below.
2009 FHA Limits for Mortgage Revenue Bonds
County NameState
One-Unit
Limit
Two-Unit
Limit
Three-Unit
Limit
Four-Unit
Limit
Yakutat City and BoroughAK
$404,878$518,293$626,511$778,632
Aleutians West Census AreaAK
$370,732$474,602$573,648$712,937
Juneau City and BoroughAK
$370,732$474,602$573,648$712,937
Sitka City and BoroughAK
$360,976$462,089$558,590$694,168
Ketchikan Gateway BoroughAK
$341,463$437,116$528,367$656,681
Kodiak Island BoroughAK
$336,585$430,859$520,838$647,296
North Slope BoroughAK
$319,512$409,014$494,433$614,422
Wrangell-Petersburg Census AreaAK
$319,512$409,014$494,433$614,422
Anchorage MunicipalityAK
$308,537$394,963$477,413$593,319
Matanuska-Susitna BoroughAK
$308,537$394,963$477,413$593,319
Coconino CountyAZ
$353,659$452,757$547,243$680,117
Alameda CountyCA
$663,309$849,178$1,026,458 $1,275,636
Contra Costa CountyCA
$663,309$849,178$1,026,458 $1,275,636
Los Angeles CountyCA
$663,309$849,178$1,026,458 $1,275,636
Marin CountyCA
$663,309$849,178$1,026,458 $1,275,636
Orange CountyCA
$663,309$849,178$1,026,458 $1,275,636
2009–11 I.R.B.672March 16, 2009

2009 FHA Limits for Mortgage Revenue Bonds
County NameState
One-Unit
Limit
Two-Unit
Limit
Three-Unit
Limit
Four-Unit
Limit
San Benito CountyCA
$663,309$849,178$1,026,458 $1,275,636
San Francisco CountyCA
$663,309$849,178$1,026,458 $1,275,636
San Mateo CountyCA
$663,309$849,178$1,026,458 $1,275,636
Santa Clara CountyCA
$663,309$849,178$1,026,458 $1,275,636
SantaCruzCountyCA
$663,309$849,178$1,026,458 $1,275,636
Santa Barbara CountyCA
$640,244$819,618$990,721$1,231,230
Ventura CountyCA
$634,146$811,824$981,283$1,219,512
Napa CountyCA
$628,049$804,030$971,845$1,207,794
San Luis Obispo CountyCA
$595,122$761,877$920,891$1,144,486
San Diego CountyCA
$579,268$741,569$896,394$1,113,998
Mono CountyCA
$560,976$718,134$868,081$1,078,791
Sonoma CountyCA
$552,439$707,211$854,878$1,062,407
Monterey CountyCA
$512,195$655,673$792,577$984,995
Nevada CountyCA
$506,098$647,879$783,139$973,277
El Dorado CountyCA
$503,659$644,751$779,374$968,558
Placer CountyCA
$503,659$644,751$779,374$968,558
Sacramento CountyCA
$503,659$644,751$779,374$968,558
Yolo CountyCA
$503,659$644,751$779,374$968,558
Alpine CountyCA
$491,463$629,162$760,498$945,122
Solano CountyCA
$424,390$543,266$656,734$816,119
Calaveras CountyCA
$396,341$507,370$613,309$762,195
Mendocino CountyCA
$396,341$507,370$613,309$762,195
Inyo CountyCA
$391,463$501,113$605,779$752,810
Riverside CountyCA
$376,829$482,397$583,086$724,655
SanBernardinoCountyCA
$376,829$482,397$583,086$724,655
Plumas CountyCA
$357,317$457,423$552,916$687,169
Amador CountyCA
$352,439$451,166$545,387$677,784
Tuolumne CountyCA
$351,220$449,629$543,478$675,398
Humboldt CountyCA
$347,561$444,910$537,805$668,399
Mariposa CountyCA
$341,463$437,116$528,367$656,681
San Joaquin CountyCA
$323,171$413,680$500,053$621,474
Butte CountyCA
$310,976$398,091$481,177$598,038
Fresno CountyCA
$298,780$382,503$462,354$574,549
Stanislaus CountyCA
$292,683$374,655$452,916$562,831
Shasta CountyCA
$290,244$371,527$449,099$558,165
Eagle CountyCO
$663,309$849,178$1,026,458 $1,275,636
March 16, 20096732009–11 I.R.B.

2009 FHA Limits for Mortgage Revenue Bonds
County NameState
One-Unit
Limit
Two-Unit
Limit
Three-Unit
Limit
Four-Unit
Limit
Lake CountyCO
$663,309$849,178$1,026,458 $1,275,636
Pitkin CountyCO
$663,309$849,178$1,026,458 $1,275,636
Routt CountyCO
$663,309$849,178$1,026,458 $1,275,636
San Miguel CountyCO
$663,309$849,178$1,026,458 $1,275,636
Summit CountyCO
$663,309$849,178$1,026,458 $1,275,636
Hinsdale CountyCO
$448,780$574,496$694,433$863,043
Ouray CountyCO
$445,122$569,830$688,812$855,992
Garfield CountyCO
$439,024$562,036$679,374$844,274
Boulder CountyCO
$426,829$546,394$660,498$820,838
La Plata CountyCO
$402,439$515,164$622,747$773,913
Adams CountyCO
$390,244$499,576$603,871$750,477
Arapahoe CountyCO
$390,244$499,576$603,871$750,477
Broomfield CountyCO
$390,244$499,576$603,871$750,477
Clear Creek CountyCO
$390,244$499,576$603,871$750,477
Denver CountyCO
$390,244$499,576$603,871$750,477
Douglas CountyCO
$390,244$499,576$603,871$750,477
Elbert CountyCO
$390,244$499,576$603,871$750,477
Gilpin CountyCO
$390,244$499,576$603,871$750,477
Jefferson CountyCO
$390,244$499,576$603,871$750,477
Park CountyCO
$390,244$499,576$603,871$750,477
Gunnison CountyCO
$379,268$485,525$586,903$729,374
Grand CountyCO
$328,049$419,936$507,635$630,859
Archuleta CountyCO
$302,439$387,169$467,975$581,601
Chaffee CountyCO
$291,463$373,118$451,007$560,498
Fairfield CountyCT
$542,683$694,751$839,767$1,043,637
Litchfield CountyCT
$379,268$485,525$586,903$729,374
Hartford CountyCT
$340,244$435,578$526,511$654,295
Middlesex CountyCT
$340,244$435,578$526,511$654,295
Tolland CountyCT
$340,244$435,578$526,511$654,295
New Haven CountyCT
$324,390$415,270$501,962$623,807
New London CountyCT
$297,561$380,912$460,445$572,216
Windham CountyCT
$287,805$368,452$445,334$553,446
New Castle CountyDE
$402,439$515,164$622,747$773,913
Sussex CountyDE
$335,366$429,321$518,929$644,910
2009–11 I.R.B.674March 16, 2009

2009 FHA Limits for Mortgage Revenue Bonds
County NameState
One-Unit
Limit
Two-Unit
Limit
Three-Unit
Limit
Four-Unit
Limit
Monroe CountyFL
$560,976$718,134$868,081$1,078,791
Collier CountyFL
$475,610$608,855$735,949$914,634
Broward CountyFL
$365,854$468,346$566,119$703,552
Miami-Dade CountyFL
$365,854$468,346$566,119$703,552
Palm Beach CountyFL
$365,854$468,346$566,119$703,552
Walton CountyFL
$345,122$441,782$534,040$663,680
Martin CountyFL
$335,366$429,321$518,929$644,910
St. Lucie CountyFL
$335,366$429,321$518,929$644,910
Baker CountyFL
$323,171$413,680$500,053$621,474
Clay CountyFL
$323,171$413,680$500,053$621,474
Duval CountyFL
$323,171$413,680$500,053$621,474
Nassau CountyFL
$323,171$413,680$500,053$621,474
St. Johns CountyFL
$323,171$413,680$500,053$621,474
Manatee CountyFL
$302,439$387,169$467,975$581,601
Sarasota CountyFL
$302,439$387,169$467,975$581,601
Lake CountyFL
$291,463$373,118$451,007$560,498
Orange CountyFL
$291,463$373,118$451,007$560,498
Osceola CountyFL
$291,463$373,118$451,007$560,498
Seminole CountyFL
$291,463$373,118$451,007$560,498
District of ColumbiaDC
$663,309$849,178$1,026,458 $1,275,636
Greene CountyGA
$546,341$699,417$845,440$1,050,689
Barrow CountyGA
$340,244$435,578$526,511$654,295
Bartow CountyGA
$340,244$435,578$526,511$654,295
Butts CountyGA
$340,244$435,578$526,511$654,295
Carroll CountyGA
$340,244$435,578$526,511$654,295
Cherokee CountyGA
$340,244$435,578$526,511$654,295
Clayton CountyGA
$340,244$435,578$526,511$654,295
Cobb CountyGA
$340,244$435,578$526,511$654,295
Coweta CountyGA
$340,244$435,578$526,511$654,295
Dawson CountyGA
$340,244$435,578$526,511$654,295
DeKalb CountyGA
$340,244$435,578$526,511$654,295
Douglas CountyGA
$340,244$435,578$526,511$654,295
Fayette CountyGA
$340,244$435,578$526,511$654,295
Forsyth CountyGA
$340,244$435,578$526,511$654,295
Fulton CountyGA
$340,244$435,578$526,511$654,295
March 16, 20096752009–11 I.R.B.

2009 FHA Limits for Mortgage Revenue Bonds
County NameState
One-Unit
Limit
Two-Unit
Limit
Three-Unit
Limit
Four-Unit
Limit
Gwinnett CountyGA
$340,244$435,578$526,511$654,295
Haralson CountyGA
$340,244$435,578$526,511$654,295
Heard CountyGA
$340,244$435,578$526,511$654,295
Henry CountyGA
$340,244$435,578$526,511$654,295
Jasper CountyGA
$340,244$435,578$526,511$654,295
Lamar CountyGA
$340,244$435,578$526,511$654,295
Meriwether CountyGA
$340,244$435,578$526,511$654,295
Newton CountyGA
$340,244$435,578$526,511$654,295
Paulding CountyGA
$340,244$435,578$526,511$654,295
Pickens CountyGA
$340,244$435,578$526,511$654,295
Pike CountyGA
$340,244$435,578$526,511$654,295
Rockdale CountyGA
$340,244$435,578$526,511$654,295
Spalding CountyGA
$340,244$435,578$526,511$654,295
Walton CountyGA
$340,244$435,578$526,511$654,295
Clarke CountyGA
$309,756$396,554$479,321$595,652
Madison CountyGA
$309,756$396,554$479,321$595,652
Oconee CountyGA
$309,756$396,554$479,321$595,652
Oglethorpe CountyGA
$309,756$396,554$479,321$595,652
GuamGU
$597,561$765,005$924,708$1,149,152
Honolulu CountyHI
$764,634$978,844$1,183,245 $1,470,467
Kauai CountyHI
$756,098$967,922$1,170,042 $1,454,030
Maui CountyHI
$664,634$850,848$1,028,473 $1,278,155
Kalawao CountyHI
$640,244$819,618$990,721$1,231,230
Hawaii CountyHI
$390,244$499,576$603,871$750,477
Teton CountyID
$663,309$849,178$1,026,458 $1,275,636
Blaine CountyID
$485,366$621,368$751,060$933,404
Valley CountyID
$289,024$369,989$447,243$555,832
Cook CountyIL
$387,805$496,448$600,106$745,758
DeKalb CountyIL
$387,805$496,448$600,106$745,758
DuPage CountyIL
$387,805$496,448$600,106$745,758
Grundy CountyIL
$387,805$496,448$600,106$745,758
Kane CountyIL
$387,805$496,448$600,106$745,758
Kendall CountyIL
$387,805$496,448$600,106$745,758
Lake CountyIL
$387,805$496,448$600,106$745,758
2009–11 I.R.B.676March 16, 2009

2009 FHA Limits for Mortgage Revenue Bonds
County NameState
One-Unit
Limit
Two-Unit
Limit
Three-Unit
Limit
Four-Unit
Limit
McHenry CountyIL
$387,805$496,448$600,106$745,758
Will CountyIL
$387,805$496,448$600,106$745,758
Boone CountyIL
$359,756$460,551$556,681$691,835
Winnebago CountyIL
$359,756$460,551$556,681$691,835
Jasper CountyIN
$387,805$496,448$600,106$745,758
Lake CountyIN
$387,805$496,448$600,106$745,758
Newton CountyIN
$387,805$496,448$600,106$745,758
Porter CountyIN
$387,805$496,448$600,106$745,758
Dukes CountyMA
$663,309$849,178$1,026,458 $1,275,636
Nantucket CountyMA
$663,309$849,178$1,026,458 $1,275,636
Essex CountyMA
$493,902$632,291$764,263$949,841
Middlesex CountyMA
$493,902$632,291$764,263$949,841
Norfolk CountyMA
$493,902$632,291$764,263$949,841
Plymouth CountyMA
$493,902$632,291$764,263$949,841
Suffolk CountyMA
$493,902$632,291$764,263$949,841
Bristol CountyMA
$452,439$579,215$700,106$870,095
Barnstable CountyMA
$430,488$551,113$666,172$827,837
Worcester CountyMA
$302,439$387,169$467,975$581,601
Calvert CountyMD
$663,309$849,178$1,026,458 $1,275,636
Charles CountyMD
$663,309$849,178$1,026,458 $1,275,636
Frederick CountyMD
$663,309$849,178$1,026,458 $1,275,636
Montgomery CountyMD
$663,309$849,178$1,026,458 $1,275,636
Prince George’s CountyMD
$663,309$849,178$1,026,458 $1,275,636
Anne Arundel CountyMD
$524,390$671,315$811,453$1,008,431
Baltimore CountyMD
$524,390$671,315$811,453$1,008,431
Carroll CountyMD
$524,390$671,315$811,453$1,008,431
Harford CountyMD
$524,390$671,315$811,453$1,008,431
Howard CountyMD
$524,390$671,315$811,453$1,008,431
Queen Anne’s CountyMD
$524,390$671,315$811,453$1,008,431
Baltimore cityMD
$524,390$671,315$811,453$1,008,431
Talbot CountyMD
$406,098$519,883$628,420$780,965
Cecil CountyMD
$402,439$515,164$622,747$773,913
St. Mary’s CountyMD
$368,293$471,474$569,883$708,271
Worcester CountyMD
$329,268$421,527$509,491$633,192
March 16, 20096772009–11 I.R.B.

2009 FHA Limits for Mortgage Revenue Bonds
County NameState
One-Unit
Limit
Two-Unit
Limit
Three-Unit
Limit
Four-Unit
Limit
Kent CountyMD
$308,537$394,963$477,413$593,319
Knox CountyME
$296,341$379,374$458,537$569,883
Cumberland CountyME
$289,024$369,989$447,243$555,832
Sagadahoc CountyME
$289,024$369,989$447,243$555,832
York CountyME
$289,024$369,989$447,243$555,832
Hancock CountyME
$287,805$368,452$445,334$553,446
Anoka CountyMN
$337,805$432,450$522,747$649,629
Carver CountyMN
$337,805$432,450$522,747$649,629
Chisago CountyMN
$337,805$432,450$522,747$649,629
Dakota CountyMN
$337,805$432,450$522,747$649,629
Hennepin CountyMN
$337,805$432,450$522,747$649,629
Isanti CountyMN
$337,805$432,450$522,747$649,629
Ramsey CountyMN
$337,805$432,450$522,747$649,629
Scott CountyMN
$337,805$432,450$522,747$649,629
Sherburne CountyMN
$337,805$432,450$522,747$649,629
Washington CountyMN
$337,805$432,450$522,747$649,629
Wright CountyMN
$337,805$432,450$522,747$649,629
Cook CountyMN
$300,000$384,040$464,210$576,935
Tinian MunicipalityMP
$564,634$722,853$873,754$1,085,843
Saipan MunicipalityMP
$560,976$718,134$868,081$1,078,791
Northern Islands MunicipalityMP
$556,098$711,877$860,498$1,069,406
Rota MunicipalityMP
$435,366$557,317$673,701$837,222
Gallatin CountyMT
$367,073$469,883$568,028$705,885
Flathead CountyMT
$319,512$409,014$494,433$614,422
Missoula CountyMT
$300,000$384,040$464,210$576,935
Madison CountyMT
$298,780$382,503$462,354$574,549
Sweet Grass CountyMT
$297,561$380,912$460,445$572,216
Jefferson CountyMT
$293,902$376,246$454,772$565,164
Lewis and Clark CountyMT
$293,902$376,246$454,772$565,164
Camden CountyNC
$663,309$849,178$1,026,458 $1,275,636
Pasquotank CountyNC
$663,309$849,178$1,026,458 $1,275,636
Perquimans CountyNC
$663,309$849,178$1,026,458 $1,275,636
Hyde CountyNC
$512,195$655,673$792,577$984,995
2009–11 I.R.B.678March 16, 2009

2009 FHA Limits for Mortgage Revenue Bonds
County NameState
One-Unit
Limit
Two-Unit
Limit
Three-Unit
Limit
Four-Unit
Limit
Currituck CountyNC
$486,585$622,906$752,969$935,737
Dare CountyNC
$414,634$530,806$641,622$797,349
Chatham CountyNC
$354,878$454,295$549,152$682,450
Durham CountyNC
$354,878$454,295$549,152$682,450
Orange CountyNC
$354,878$454,295$549,152$682,450
Person CountyNC
$354,878$454,295$549,152$682,450
Rockingham CountyNH
$493,902$632,291$764,263$949,841
Strafford CountyNH
$493,902$632,291$764,263$949,841
Hillsborough CountyNH
$313,415$401,220$484,995$602,704
Bergen CountyNJ
$663,309$849,178$1,026,458 $1,275,636
Essex CountyNJ
$663,309$849,178$1,026,458 $1,275,636
Hudson CountyNJ
$663,309$849,178$1,026,458 $1,275,636
Hunterdon CountyNJ
$663,309$849,178$1,026,458 $1,275,636
Middlesex CountyNJ
$663,309$849,178$1,026,458 $1,275,636
Monmouth CountyNJ
$663,309$849,178$1,026,458 $1,275,636
Morris CountyNJ
$663,309$849,178$1,026,458 $1,275,636
Ocean CountyNJ
$663,309$849,178$1,026,458 $1,275,636
Passaic CountyNJ
$663,309$849,178$1,026,458 $1,275,636
Somerset CountyNJ
$663,309$849,178$1,026,458 $1,275,636
Sussex CountyNJ
$663,309$849,178$1,026,458 $1,275,636
Union CountyNJ
$663,309$849,178$1,026,458 $1,275,636
Cape May CountyNJ
$439,024$562,036$679,374$844,274
Burlington CountyNJ
$402,439$515,164$622,747$773,913
Camden CountyNJ
$402,439$515,164$622,747$773,913
Gloucester CountyNJ
$402,439$515,164$622,747$773,913
Salem CountyNJ
$402,439$515,164$622,747$773,913
Mercer CountyNJ
$365,854$468,346$566,119$703,552
Atlantic CountyNJ
$335,366$429,321$518,929$644,910
Warren CountyNJ
$324,390$415,270$501,962$623,807
Los Alamos CountyNM
$403,659$516,755$624,602$776,246
SantaFeCountyNM
$390,244$499,576$603,871$750,477
Douglas CountyNV
$371,951$476,140$575,557$715,270
Storey CountyNV
$345,122$441,782$534,040$663,680
Washoe CountyNV
$345,122$441,782$534,040$663,680
March 16, 20096792009–11 I.R.B.

2009 FHA Limits for Mortgage Revenue Bonds
County NameState
One-Unit
Limit
Two-Unit
Limit
Three-Unit
Limit
Four-Unit
Limit
Clark CountyNV
$304,878$390,297$471,792$586,320
Carson CityNV
$303,659$388,706$469,883$583,934
Bronx CountyNY
$663,309$849,178$1,026,458 $1,275,636
Kings CountyNY
$663,309$849,178$1,026,458 $1,275,636
Nassau CountyNY
$663,309$849,178$1,026,458 $1,275,636
New York CountyNY
$663,309$849,178$1,026,458 $1,275,636
Putnam CountyNY
$663,309$849,178$1,026,458 $1,275,636
Queens CountyNY
$663,309$849,178$1,026,458 $1,275,636
Richmond CountyNY
$663,309$849,178$1,026,458 $1,275,636
Rockland CountyNY
$663,309$849,178$1,026,458 $1,275,636
Suffolk CountyNY
$663,309$849,178$1,026,458 $1,275,636
Westchester CountyNY
$663,309$849,178$1,026,458 $1,275,636
Dutchess CountyNY
$378,049$483,934$584,995$726,988
Orange CountyNY
$378,049$483,934$584,995$726,988
Delaware CountyOH
$329,268$421,527$509,491$633,192
Fairfield CountyOH
$329,268$421,527$509,491$633,192
Franklin CountyOH
$329,268$421,527$509,491$633,192
Licking CountyOH
$329,268$421,527$509,491$633,192
Madison CountyOH
$329,268$421,527$509,491$633,192
Morrow CountyOH
$329,268$421,527$509,491$633,192
Pickaway CountyOH
$329,268$421,527$509,491$633,192
Union CountyOH
$329,268$421,527$509,491$633,192
Hood River CountyOR
$393,902$504,242$609,544$757,529
Clackamas CountyOR
$384,146$491,782$594,433$738,759
Columbia CountyOR
$384,146$491,782$594,433$738,759
Multnomah CountyOR
$384,146$491,782$594,433$738,759
Washington CountyOR
$384,146$491,782$594,433$738,759
Yamhill CountyOR
$384,146$491,782$594,433$738,759
Curry CountyOR
$347,561$444,910$537,805$668,399
Deschutes CountyOR
$324,390$415,270$501,962$623,807
Benton CountyOR
$313,415$401,220$484,995$602,704
Tillamook CountyOR
$304,878$390,297$471,792$586,320
Clatsop CountyOR
$298,780$382,503$462,354$574,549
Jackson CountyOR
$296,341$379,374$458,537$569,883
2009–11 I.R.B.680March 16, 2009

2009 FHA Limits for Mortgage Revenue Bonds
County NameState
One-Unit
Limit
Two-Unit
Limit
Three-Unit
Limit
Four-Unit
Limit
Lincoln CountyOR
$292,683$374,655$452,916$562,831
Pike CountyPA
$663,309$849,178$1,026,458 $1,275,636
Bucks CountyPA
$402,439$515,164$622,747$773,913
Chester CountyPA
$402,439$515,164$622,747$773,913
Delaware CountyPA
$402,439$515,164$622,747$773,913
Montgomery CountyPA
$402,439$515,164$622,747$773,913
Philadelphia CountyPA
$402,439$515,164$622,747$773,913
Carbon CountyPA
$324,390$415,270$501,962$623,807
Lehigh CountyPA
$324,390$415,270$501,962$623,807
Northampton CountyPA
$324,390$415,270$501,962$623,807
Bristol CountyRI
$452,439$579,215$700,106$870,095
Kent CountyRI
$452,439$579,215$700,106$870,095
Newport CountyRI
$452,439$579,215$700,106$870,095
Providence CountyRI
$452,439$579,215$700,106$870,095
Washington CountyRI
$452,439$579,215$700,106$870,095
Georgetown CountySC
$347,561$444,910$537,805$668,399
Beaufort CountySC
$329,268$421,527$509,491$633,192
Jasper CountySC
$329,268$421,527$509,491$633,192
Berkeley CountySC
$320,732$410,604$496,288$616,808
Charleston CountySC
$320,732$410,604$496,288$616,808
Dorchester CountySC
$320,732$410,604$496,288$616,808
Cannon CountyTN
$417,073$533,934$645,387$802,068
Cheatham CountyTN
$417,073$533,934$645,387$802,068
Davidson CountyTN
$417,073$533,934$645,387$802,068
Dickson CountyTN
$417,073$533,934$645,387$802,068
Hickman CountyTN
$417,073$533,934$645,387$802,068
Macon CountyTN
$417,073$533,934$645,387$802,068
Robertson CountyTN
$417,073$533,934$645,387$802,068
Rutherford CountyTN
$417,073$533,934$645,387$802,068
Smith CountyTN
$417,073$533,934$645,387$802,068
Sumner CountyTN
$417,073$533,934$645,387$802,068
Trousdale CountyTN
$417,073$533,934$645,387$802,068
Williamson CountyTN
$417,073$533,934$645,387$802,068
Wilson CountyTN
$417,073$533,934$645,387$802,068
March 16, 20096812009–11 I.R.B.

2009 FHA Limits for Mortgage Revenue Bonds
County NameState
One-Unit
Limit
Two-Unit
Limit
Three-Unit
Limit
Four-Unit
Limit
Atascosa CountyTX
$304,878$390,297$471,792$586,320
Bandera CountyTX
$304,878$390,297$471,792$586,320
Bexar CountyTX
$304,878$390,297$471,792$586,320
Comal CountyTX
$304,878$390,297$471,792$586,320
Guadalupe CountyTX
$304,878$390,297$471,792$586,320
Kendall CountyTX
$304,878$390,297$471,792$586,320
Medina CountyTX
$304,878$390,297$471,792$586,320
Wilson CountyTX
$304,878$390,297$471,792$586,320
Salt Lake CountyUT
$636,585$814,952$985,101$1,224,231
Summit CountyUT
$636,585$814,952$985,101$1,224,231
Tooele CountyUT
$636,585$814,952$985,101$1,224,231
Davis CountyUT
$413,415$529,215$639,714$795,016
Morgan CountyUT
$413,415$529,215$639,714$795,016
Weber CountyUT
$413,415$529,215$639,714$795,016
Wasatch CountyUT
$345,122$441,782$534,040$663,680
Washington CountyUT
$295,122$377,784$456,681$567,550
Arlington CountyVA
$663,309$849,178$1,026,458 $1,275,636
Clarke CountyVA
$663,309$849,178$1,026,458 $1,275,636
Fairfax CountyVA
$663,309$849,178$1,026,458 $1,275,636
Fauquier CountyVA
$663,309$849,178$1,026,458 $1,275,636
Loudoun CountyVA
$663,309$849,178$1,026,458 $1,275,636
Prince William CountyVA
$663,309$849,178$1,026,458 $1,275,636
Spotsylvania CountyVA
$663,309$849,178$1,026,458 $1,275,636
Stafford CountyVA
$663,309$849,178$1,026,458 $1,275,636
Warren CountyVA
$663,309$849,178$1,026,458 $1,275,636
Alexandria cityVA
$663,309$849,178$1,026,458 $1,275,636
Fairfax cityVA
$663,309$849,178$1,026,458 $1,275,636
Falls Church cityVA
$663,309$849,178$1,026,458 $1,275,636
Fredericksburg cityVA
$663,309$849,178$1,026,458 $1,275,636
Manassas cityVA
$663,309$849,178$1,026,458 $1,275,636
Manassas Park cityVA
$663,309$849,178$1,026,458 $1,275,636
Amelia CountyVA
$568,293$727,519$879,374$1,092,895
Caroline CountyVA
$568,293$727,519$879,374$1,092,895
Charles City CountyVA
$568,293$727,519$879,374$1,092,895
Chesterfield CountyVA
$568,293$727,519$879,374$1,092,895
2009–11 I.R.B.682March 16, 2009

2009 FHA Limits for Mortgage Revenue Bonds
County NameState
One-Unit
Limit
Two-Unit
Limit
Three-Unit
Limit
Four-Unit
Limit
Cumberland CountyVA
$568,293$727,519$879,374$1,092,895
Dinwiddie CountyVA
$568,293$727,519$879,374$1,092,895
Goochland CountyVA
$568,293$727,519$879,374$1,092,895
Hanover CountyVA
$568,293$727,519$879,374$1,092,895
Henrico CountyVA
$568,293$727,519$879,374$1,092,895
King and Queen CountyVA
$568,293$727,519$879,374$1,092,895
King William CountyVA
$568,293$727,519$879,374$1,092,895
Louisa CountyVA
$568,293$727,519$879,374$1,092,895
New Kent CountyVA
$568,293$727,519$879,374$1,092,895
Powhatan CountyVA
$568,293$727,519$879,374$1,092,895
Prince George CountyVA
$568,293$727,519$879,374$1,092,895
Sussex CountyVA
$568,293$727,519$879,374$1,092,895
Colonial Heights cityVA
$568,293$727,519$879,374$1,092,895
Hopewell cityVA
$568,293$727,519$879,374$1,092,895
Petersburg cityVA
$568,293$727,519$879,374$1,092,895
Richmond cityVA
$568,293$727,519$879,374$1,092,895
Gloucester CountyVA
$486,585$622,906$752,969$935,737
Isle of Wight CountyVA
$486,585$622,906$752,969$935,737
James City CountyVA
$486,585$622,906$752,969$935,737
Mathews CountyVA
$486,585$622,906$752,969$935,737
Surry CountyVA
$486,585$622,906$752,969$935,737
York CountyVA
$486,585$622,906$752,969$935,737
Chesapeake cityVA
$486,585$622,906$752,969$935,737
Hampton cityVA
$486,585$622,906$752,969$935,737
Newport News cityVA
$486,585$622,906$752,969$935,737
Norfolk cityVA
$486,585$622,906$752,969$935,737
Poquoson cityVA
$486,585$622,906$752,969$935,737
Portsmouth cityVA
$486,585$622,906$752,969$935,737
Suffolk cityVA
$486,585$622,906$752,969$935,737
Virginia Beach cityVA
$486,585$622,906$752,969$935,737
Williamsburg cityVA
$486,585$622,906$752,969$935,737
Lancaster CountyVA
$469,512$601,060$726,511$902,916
Albemarle CountyVA
$463,415$593,266$717,073$891,198
Fluvanna CountyVA
$463,415$593,266$717,073$891,198
Greene CountyVA
$463,415$593,266$717,073$891,198
Nelson CountyVA
$463,415$593,266$717,073$891,198
Charlottesville cityVA
$463,415$593,266$717,073$891,198
March 16, 20096832009–11 I.R.B.

2009 FHA Limits for Mortgage Revenue Bonds
County NameState
One-Unit
Limit
Two-Unit
Limit
Three-Unit
Limit
Four-Unit
Limit
Rappahannock CountyVA
$381,707$488,653$590,668$734,040
King George CountyVA
$371,951$476,140$575,557$715,270
Northumberland CountyVA
$337,805$432,450$522,747$649,629
Culpeper CountyVA
$304,878$390,297$471,792$586,320
Rockingham CountyVA
$293,902$376,246$454,772$565,164
Harrisonburg cityVA
$293,902$376,246$454,772$565,164
St. John IslandVI
$660,976$846,182$1,022,800 $1,271,103
St. Thomas IslandVI
$473,171$605,726$732,185$909,968
St. Croix IslandVI
$347,561$444,910$537,805$668,399
Chittenden CountyVT
$304,878$390,297$471,792$586,320
Franklin CountyVT
$304,878$390,297$471,792$586,320
Grand Isle CountyVT
$304,878$390,297$471,792$586,320
Bennington CountyVT
$293,902$376,246$454,772$565,164
Lamoille CountyVT
$292,683$374,655$452,916$562,831
King CountyWA
$536,585$686,903$830,329$1,031,919
Pierce CountyWA
$536,585$686,903$830,329$1,031,919
Snohomish CountyWA
$536,585$686,903$830,329$1,031,919
San Juan CountyWA
$512,195$655,673$792,577$984,995
Clark CountyWA
$384,146$491,782$594,433$738,759
Skamania CountyWA
$384,146$491,782$594,433$738,759
Chelan CountyWA
$363,415$465,217$562,354$698,887
Douglas CountyWA
$363,415$465,217$562,354$698,887
Jefferson CountyWA
$341,463$437,116$528,367$656,681
Island CountyWA
$335,366$429,321$518,929$644,910
Kitsap CountyWA
$325,610$416,808$503,871$626,193
Whatcom CountyWA
$323,171$413,680$500,053$621,474
Clallam CountyWA
$314,634$402,757$486,850$605,037
Skagit CountyWA
$313,415$401,220$484,995$602,704
Thurston CountyWA
$310,976$398,091$481,177$598,038
Kenosha CountyWI
$387,805$496,448$600,106$745,758
Pierce CountyWI
$337,805$432,450$522,747$649,629
St. Croix CountyWI
$337,805$432,450$522,747$649,629
Milwaukee CountyWI
$298,780$382,503$462,354$574,549
Ozaukee CountyWI
$298,780$382,503$462,354$574,549
2009–11 I.R.B.684March 16, 2009

2009 FHA Limits for Mortgage Revenue Bonds
County NameState
One-Unit
Limit
Two-Unit
Limit
Three-Unit
Limit
Four-Unit
Limit
Washington CountyWI
$298,780$382,503$462,354$574,549
Waukesha CountyWI
$298,780$382,503$462,354$574,549
Jefferson CountyWV
$663,309$849,178$1,026,458 $1,275,636
Sublette CountyWY
$292,683$374,655$452,916$562,831
Teton CountyWY
$663,309$849,178$1,026,458 $1,275,636
All other areas (floor):
$287,434$367,975$444,751$552,757
.02 The nationwideaverage purchase
price (for use in the housing cost/income
ratio for new and existing residences) is
$243,100.
SECTION 5. EFFECT ON OTHER
DOCUMENTS
Rev. Proc. 2008–17 is obsolete except
as provided in section 6 of this revenue
procedure.
SECTION 6. EFFECTIVE DATES
.01 Issuers may rely on this revenue
procedure to determine average area pur-
chase price safe harbors for commitments
to provide financing or issue mortgage
credit certificates that are made, or (if
the purchase precedes the commitment)
for residences that are purchased, in the
period that begins on February 24, 2009,
and ends on the date as of which the safe
harbors contained in section 4.01 of this
revenue procedure are rendered obsolete
by a new revenue procedure.
.02 Notwithstanding section 5 of this
revenue procedure, issuers may continue
to rely on the average area purchase price
safe harbors contained in Rev. Proc.
2008–17, with respect to bonds sold, or for
mortgage credit certificates issued with re-
spect to bond authority exchanged, before
March 26, 2009, if the commitments to
provide financing or issue mortgage credit
certificates are made on or before April
25, 2009.
.03 Except as provided in section 6.04,
issuers must use the nationwide average
purchase price limitation contained in
this revenue procedure for commitments
to provide financing or issue mortgage
credit certificates that are made, or (if the
purchase precedes the commitment) for
residences that are purchased, in the pe-
riod that begins on February 24, 2009, and
ends on the date when the nationwide av-
erage purchase price limitation is rendered
obsolete by a new revenue procedure.
.04 Notwithstanding sections 5 and
6.03 of this revenue procedure, issuers
may continue to rely on the nationwide av-
erage purchase price set forth in Rev. Proc.
2008–17 with respect to bonds sold, or for
mortgage credit certificates issued with re-
spect to bond authority exchanged, before
March 26, 2009, if the commitments to
provide financing or issue mortgage credit
certificates are made on or before April
25, 2009.
SECTION 7. PAPERWORK
REDUCTION ACT
The collection of information con-
tained in this revenue procedure has been
reviewed and approved by the Office
of Management and Budget in accor-
dance with the Paperwork Reduction Act
(44 U.S.C. 3507) under control number
1545–1877.
An agency may not conduct or sponsor,
and a person is not required to respond
to, a collection of information unless the
collection of information displays a valid
OMB control number.
This revenue procedure contains a col-
lection of information requirement in sec-
tion 3.03. The purpose of the collection
of information is to verify the applica-
ble FHA loan limit that issuers of quali-
fied mortgage bonds and qualified mort-
gage certificates have used to calculate the
average area purchase price for a given
metropolitan statistical area for purposes
of section 143(e) and 25(c). The collec-
tion of information is required to obtain
the benefit of using revisions to FHA loan
limits to determine average area purchase
prices. The likely respondents are state
and local governments.
The estimated total annual reporting
and/or recordkeeping burden is: 15 hours.
The estimated annual burden per re-
spondent and/or recordkeeper: 15 minutes.
The estimated number of respondents
and/or recordkeepers: 60.
Books or records relating to a collection
of information must be retained as long
as their contents may become material in
the administration of any internal revenue
law. Generally tax returns and tax return
information are confidential, as required
by 26 U.S.C. 6103.
SECTION 8. DRAFTING
INFORMATION
The principal authors of this rev-
enue procedure are David E. White and
Timothy L. Jones of the Office of Division
Counsel/Associate Chief Counsel (Tax
Exempt & Government Entities). For
further information regarding this revenue
procedure, contact David E. White at (202)
622–3980 (not a toll-free call).
March 16, 20096852009–11 I.R.B.

Part IV. Items o
fGeneralInterest
Disclosure of
Return
Information t
otheBureauof
Economic Anal
ysis; Correction
Announcement 2009–12
AGENCY: Internal Revenue Service
(IRS), Treasury.
ACTION: Correcting amendments.
SUMMARY: This document contains cor-
rections to temporary regulations (T.D.
9439, 2009–5 I.R.B. 416) that were pub-
lished in theFederal Registeron Monday,
December 29, 2008 (73 FR 79361) relat-
ing to disclosures of corporate tax return
information to the Bureau of Economic
Analysis.
DATES: This correction is effective on
February 20, 2009, and is applicable on
December 29, 2008.
FOR FURTHER INFORMATION
CONTACT: Philip J. Lindenmuth, (202)
622–3400 (not a toll-free number).
SUPPLEMENTARY INFORMATION:
Background
The temp
orary regulations that are the
subject
of this document are under section
6103 of t
he Internal Revenue Code.
Need for Correction
The temporary regulations (T.D. 9439)
that were published in theFederal
Registeron December 29, 2008, inad-
vertently removed §301.6103(j)(1)–1T
in its entirety rather than removing
§301.6103(j)(1)–1T(c).This doc-
ument correctly adds the text of
§301.6103(j)(1)–1T into the Code of Fed-
eral Regulations.
*****
Correction of Publication
Accor
dingly, 26 CFR Part 301 is cor-
recte
dbymakingthefollowingcorrecting
amend
ments:
PART 301—PROC
EDURE AND
ADMINISTRATI
ON
Paragraph 1. T
he authority citation for
part 301 conti
nues to read in part as fol-
lows:
Authority: 26
U.S.C. 7805 * * *
Par. 2. Sectio
n 301.6103(j)(1)–1T is
added to read a
sfollows:
§301.6103(j)
(1)–1T Disclosures of return
information r
eflected on returns to officers
and employee
s of the Department of
Commerce for
certain statistical purposes
and related a
ctivities (temporary).
(a) through (
b)(3)(xxiv) [Re-
served].For
further guidance,
see§301.61
03(j)(1)–1(a)through
(b)(3)(xxi
v).
(xxv) From F
orm 6765 (when filed
with corpor
ation income tax returns)—
total quali
fied research expenses.
(c) and (d) [
Reserved]. For further
guidance, s
ee §301.6103(j)(1)–1(c) and
(d).
(e)Effecti
ve/applicability date.The
amendment
to paragraph (b)(3)(xxv) of
this secti
on is applicable to disclosures
to the Bure
au of the Census on or after
December 3
1, 2007.
(f)Expira
tion date. The applicability of
the amendm
ent to paragraph (b)(3)(xxv) of
this secti
on expires on or before December
28, 2010.
Cynthia E
. Grigsby,
Senior Fe
deral Register Liaison Officer,
Publicat
ions and Regulations Branch,
Legal Pro
cessing Division,
Associat
eChiefCounsel
(Proced
ure and Administration).
(Filed by the Office of the Federal Register on February 19,
2009, 8:45 a.m., and published in the issue of the Federal
Registe
r for February 20, 2009, 74 F.R. 7814)
Consoli
dated Returns;
Interco
mpany Obligations;
Correc
tion
Announ
cement 2009–13
AGENCY
: Internal Revenue Service
(IRS),
Treasury.
ACTION: Corre
ction to final regulations.
SUMMARY: This
document contains cor-
rections to fi
nal regulations (T.D. 9442,
2009–6 I.R.B.
434) that were published in
theFederal Re
gisteron Monday, Decem-
ber 29, 2008 (7
3 FR 79324) under section
1502 of the In
ternal Revenue Code pro-
viding guida
nce regarding the treatment
of transacti
ons involving obligations be-
tween member
s of a consolidated group.
DATES: This c
orrection is effective Feb-
ruary 11, 20
09, and is applicable on De-
cember 29, 2
008.
FOR FURTHER
INFORMATION
CONTACT: Fr
ances Kelly, (202)
622–7770 (n
ot a toll-free number).
SUPPLEMENT
ARY INFORMATION:
Background
The final re
gulations that are the subject
of this docu
ment are under section 1502 of
the Intern
al Revenue Code.
Need for Co
rrection
As publish
ed, final regulations (T.D.
9442) cont
ains errors that may prove to be
misleadin
g and are in need of clarification.
Correctio
n of Publication
According
ly, the publication of the fi-
nal regula
tions (T.D. 9442), which was the
subject of
FR Doc. E8–30718, is corrected
as follow
s:
1. On page 7
9325, column 2, in the
preamble
, under the paragraph heading
“A. Anti-
Abuse Rules”, second paragraph
of the col
umn, first to fifth lines from the
bottom of
the paragraph, the language
“from th
e deemed satisfaction and reis-
suance m
odel, these final regulations also
adopt mo
re specific rules regarding such
transfe
rs (described in part C.3.a. of this
Preambl
e).” is corrected to read “from
the dee
med satisfaction-reissuance model,
these f
inal regulations also adopt more
specif
ic rules regarding such transfers (de-
scribe
d in part C.3.a. of this preamble).”.
2. On pa
ge 79325, column 3, in the
preamb
le, under the paragraph heading
2009–11 I.R.B.686March 16, 2009

“C. Exceptions and Related Provisions”,
third paragraph of the column, first
line from the bottom of the paragraph,
the language “satisfaction-reissuance.”
is corrected to read “satisfaction and
reissuance.”.
3. On page 79327, column 1, in the
preamble, under the paragraph heading “5.
Exceptions to the Application of Section
108(e)(4)”, first paragraph of the column,
fifth line from the bottom of the paragraph,
the language “short term debt exceptions
for both” is corrected to read “short-term
debt exceptions for both”.
Guy Traynor,
Acting Chief,
Publications and Regulations Branch,
Legal Processing Division,
Associate Chief Counsel
(Procedure and Administration).
(Filed by the Office of the Federal Register on February 19,
2009, 8:45 a.m., and published in the issue of the Federal
Register for February 20, 2009, 74 F.R. 6828)
Further Guidance on the
Application of Section
409A to Nonqualified
Deferred Compensation
Plans; Correction
Announcement 2009–14
AGENCY: Internal Revenue Service
(IRS), Treasury.
ACTION: Correction to notice of pro-
posed rulemaking.
SUMMARY: This document contains a
correction to a notice of proposed rulemak-
ing (REG–148326–05, 2008–51 I.R.B.
1325 ) that was published in theFederal
Registeron 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 partic-
ipating 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 pream-
ble, 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 cor-
rected 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).
(Filed by the Office of the Federal Register on February 19,
2009, 8:45 a.m., and published in the issue of the Federal
Register for February 20, 2009, 74 F.R. 7575)
Tax Return Preparer Penalties
Under Sections 6694 and
6695; Correction
Announcement 2009–15
AGENCY: Internal Revenue Service
(IRS), Treasury.
ACTION: Correcting amendment.
SUMMARY: This document contains cor-
rections to final regulations (T.D. 9436,
2009–3 I.R.B. 268) that were published in
theFederal Registeron Monday, Decem-
ber 22, 2008 (73 FR 78430) implement-
ingamendmentstothetaxreturnpreparer
penalties under sections 6694 and 6695 of
the Internal Revenue Code and related pro-
visions under sections 6060, 6107, 6109,
6696, and 7701(a)(36) reflecting amend-
ments to the Code made by section 8246
of the Small Business and Work Opportu-
nity Tax Act of 2007 and section 506 of the
Tax Extenders and Alternative Minimum
Tax Relief Act of 2008. The final regu-
lations affect tax return preparers and pro-
vide guidance regarding the amended pro-
visions.
DATES: This correction is effective Jan-
uary 29, 2009, and is applicable on Decem-
ber 22, 2008.
FOR FURTHER INFORMATION
CONTACT: Michael E. Hara, (202)
622–4910, and Matthew S. Cooper, (202)
622–4940 (not toll-free numbers).
SUPPLEMENTARY INFORMATION:
Background
The final regulations that are the subject
of this document are under sections 6060,
6107, 6109, 6694, 6695, 6696, and 7701
of the Internal Revenue Code.
Need for Correction
As published, final regulations (T.D.
9436) contains errors that may prove to be
misleading and are in need of clarification.
*****
Correction of Publication
Accordingly, 26 CFR parts 1, 20, 25,
26, 31, 40, 41, 44, 53, 54, 55, 56, 156,
157, and 301 are corrected by making the
following correcting amendments:
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. Section 1.6107–1 is amended by
revising paragraphs (d) (1) and (2) to read
as follows:
§1.6107–1 Tax return preparer must
furnish copy of return or claim for refund
March 16, 20096872009–11 I.R.B.

to taxpayer and must retain a copy or
record.
*****
(d) * * *
(1) For the civil penalty for failure to
furnish a copy of the return or claim for
refund to the taxpayers (or nontaxable
entity) as required under paragraph (a)
of this section, see section 6695(a) and
§1.6695–1(a).
(2) For the civil penalty for failure to
retain a copy of the return or claim for re-
fund, or to retain a record as required under
paragraph (b) of this section, see section
6695(d) and §1.6695–1(d).
*****
Par. 3. Section 1.6694–1 is amended as
follows:
1. The first sentence of paragraph (b)(2)
is revised.
2. The second sentence of paragraph
(f)(4)Example 1. is revised.
3. The eighth sentence of paragraph
(f)(4)Example 2. is revised.
§1.6694–1 Section 6694 penalties
applicable to tax return preparers.
*****
(b) * * *
(2)***Ifthereisasigningtax
return preparer within the meaning of
§301.7701–15(b)(1) of this chapter within
a firm, the signing tax return preparer
generally will be considered the person
who is primarily responsible for all of the
positions on the return or claim for refund
giving rise to an understatement unless,
based upon credible information from any
source, it is concluded that the signing tax
return preparer is not primarily respon-
sible for the position(s) on the return or
claim for refund giving rise to an under-
statement. * * *
*****
(f) * * *
(4) * * *
Example 1. * * * Of this amount, $20,000 relates
to research and consultation regarding a transaction
that is later reported on a return, and $1,000 is for
the activities relating to the preparation of the return.
***
Example 2. ***Because K’s signature as the
signing tax return preparer is on the return, the IRS
advises K that K may be subject to the section 6694(a)
penalty. * * *
*****
Par. 4. Section 1.6694–2 is amended
by revising the last sentence of each para-
graph (d)(1), (d)(2), and (d)(3)(ii) to read
as follows:
§1.6694–2 Penalty for understatement due
to an unreasonable position.
*****
(d) * * *
(1) * * * For an exception to the section
6694(a) penalty for reasonable cause and
good faith, see paragraph (e) of this sec-
tion.
(2)***Forpurposesofdetermining
whether the tax return preparer has a rea-
sonable basis for a position, a tax return
preparer may rely in good faith without
verification upon information furnished by
the taxpayer and information and advice
furnished by another advisor, another tax
return preparer, or other party (including
another advisor or tax return preparer at the
taxreturnpreparer’sfirm),asprovidedin
§§1.6694–1(e) and 1.6694–2(e)(5).
(3) * * *
(ii) * * * In addition, disclosure of a
position is adequate in the case of a non-
signing tax return preparer if, with respect
to that position, the tax return preparer
complies with the provisions of para-
graph (d)(3)(ii)(A) or (B) of this section,
whichever is applicable.
*****
Par. 5. Section 1.6694–3 is amended
by revising the first two sentences of para-
graph (c)(2) to read as follows:
§1.6694–3 Penalty for understatement due
to willful, reckless, or intentional conduct.
*****
(c) * * *
(2)Ataxreturnpreparerisnot
considered to have recklessly or in-
tentionally disregarded a rule or reg-
ulation if the position contrary to the
rule or regulation has a reasonable ba-
sis as defined in §1.6694–2(d)(2) and
is adequately disclosed in accordance
with §§1.6694–2(d)(3)(i)(A) or (C) or
1.6694–2(d)(3)(ii). In the case of a
position contrary to a regulation, the
position must represent a good faith
challenge to the validity of the regula-
tion and, when disclosed in accordance
with §§1.6694–2(d)(3)(i)(A) or (C) or
1.6694–2(d)(3)(ii), the tax return preparer
must identify the regulation being chal-
lenged. ***
*****
Par. 6. Section 1.6695–1 is amended
by revising paragraph (a)(2)(ii) to read as
follows:
§1.6695–1 Other assessable penalties
with respect to the preparation of tax
returns for other persons.
(a) * * *
(2) * * *
(ii) In order faithfully to carry out their
official duties, have so arranged their af-
fairs that they have less than full knowl-
edge of the property that they hold or of the
debts for which they are responsible, if in-
formation is deleted from the copy in order
to preserve or maintain this arrangement.
*****
Par. 7. Section 1.6696–1 is amended by
revising the introductory text of paragraph
(g)(1)(i) to read as follows:
§1.6696–1 Claims for credit or refund by
tax return preparers or appraisers.
*****
(g)Time for filing claim. (1)(i) Ex-
cept as provided in section 6694(c)(1) and
§1.6694–4(a)(4)(ii) and (5), and in section
6694(d) and §1.6694–1(d):
*****
PART 20—ESTATE TAX; ESTATES
OF DECEDENTS DYING AFTER
AUGUST 16, 1954
Par. 8. The authority citation for part 20
isamendedbyrevisinganentryforSection
20.6109–1 and removing an entry for Sec-
tion 20.6695–2 in numerical order to read
as follows:
Authority: 26 U.S.C. 7805 * * *
Section 20.6109–1 also issued under
26 U.S.C. 6109(a). * * *
Par. 9. Section 20.6694–1 is amended
by revising paragraph (a) to read as fol-
lows:
§20.6694–1 Section 6694 penalties
applicable to tax return preparer.
(a)In general. For general definitions
regarding section 6694 penalties applica-
ble to preparers of estate tax returns or
claims for refund, see §1.6694–1 of this
chapter.
2009–11 I.R.B.688March 16, 2009

*****
PART 25—GIFT TAX; GIFTS MADE
AFTER DECEMBER 31, 1954
Par. 10. The authority citation for part
25 is amended by revising an entry for Sec-
tion 25.6109–1 and removing an entry for
Section 25.6695–2 in numerical order to
read as follows:
Authority: 26 U.S.C. 7805 * * *
Section 25.6109–1 also issued under
26 U.S.C. 6109(a). * * *
Par. 11. Section 25.6694–1 is amended
by revising paragraph (a) to read as fol-
lows:
§25.6694–1 Section 6694 penalties
applicable to tax return preparer.
(a)In general. For general definitions
regarding section 6694 penalties applica-
ble to preparers of gift tax returns or claims
for refund, see §1.6694–1 of this chapter.
*****
PART 26—GENERATION-SKIPPING
TRANSFER TAX REGULATIONS
UNDER THE TAX REFORM ACT OF
1986
Par. 12. The authority citation for part
26 is amended by revising an entry for Sec-
tion 26.6109–1 and removing an entry for
Section 26.6695–2 in numerical order to
read as follows:
Authority: 26 U.S.C. 7805 * * *
Section 26.6109–1 also issued under
26 U.S.C. 6109(a). * * *
Par. 13. Section 26.6694–1 is amended
by revising paragraph (a) to read as fol-
lows:
§26.6694–1 Section 6694 penalties
applicable to tax return preparer.
(a)In general. For general definitions
regarding section 6694 penalties appli-
cable to preparers of generation-skipping
transfer tax returnsor claims for refund,
see §1.6694–1 of this chapter.
*****
PART 31—EMPLOYMENT TAXES
ANDCOLLECTIONOFINCOME
TAX AT THE SOURCE
Par. 14. The authority citation for part
31 is amended by removing an entry for
Section 31.6695–2 in numerical order to
read as follows:
Authority: 26 U.S.C. 7805 * * *
Par. 15. Section 31.6694–1 is amended
by revising paragraph (a) to read as fol-
lows:
§31.6694–1 Section 6694 penalties
applicable to tax return preparer.
(a)In general. For general definitions
regarding section 6694 penalties applica-
ble to preparers of employment tax returns
or claims for refund of employment tax un-
der chapters 21 through 25 of subtitle C of
the Internal Revenue Code, see §1.6694–1
of this chapter.
*****
Par. 16. Section 31.6694–3 is amended
by revising paragraph (a) to read as fol-
lows:
§31.6694–3 Penalty for understatement
due to willful, reckless, or intentional
conduct.
(a)In general.Apersonwhoisatax
return preparer of any return or claim for
refund of employment tax under chapters
21 through 25 of subtitle C of the Inter-
nal Revenue Code (Code) shall be subject
to penalties under section 6694(b) of the
Code in the manner stated in §1.6694–3 of
this chapter.
*****
PART 40—EXCISE TAX
PROCEDURAL REGULATIONS
Par. 17. The authority citation for part
40 is amended by revising an entry for Sec-
tion 40.6109–1 and removing an entry for
Section 40.6695–2 in numerical order to
read as follows:
Authority: 26 U.S.C. 7805 * * *
Section 40.6109–1 also issued under
26 U.S.C. 6109(a). * * *
Par. 18. Section 40.6060–1 is amended
by revising paragraph (a) to read as fol-
lows:
§40.6060–1 Reporting requirements for
tax return preparers.
(a)In general. A person that employs
one or more tax return preparers to prepare
a return or claim for refund of any tax to
which this part 40 applies other than for the
person, at any time during a return period,
shall satisfy the recordkeeping and inspec-
tion requirements in the manner stated in
§1.6060–1 of this chapter.
*****
Par. 19. Section 40.6107–1 is amended
by revising paragraph (a) to read as fol-
lows:
§40.6107–1 Tax return preparer must
furnishcopyofreturntotaxpayerand
must retain a copy or record.
(a)In general. A person who is a sign-
ing tax return preparer of any return or
claim for refund of any tax to which this
part 40 applies shall furnish a completed
copy of the return or claim for refund to the
taxpayer and retain a completed copy or
record in the manner stated in §1.6107–1
of this chapter.
*****
Par. 20. Section 40.6109–1 is amended
by revising paragraph (a) to read as fol-
lows:
§40.6109–1 Tax return preparers
furnishing identifying numbers for returns
or claims for refund.
(a)In general. Each return or claim for
refund of any tax to which this part 40 ap-
plies prepared by one or more signing tax
return preparers must include the identi-
fying number of the preparer required by
§1.6695–1(b) of this chapter to sign the
return or claim for refund in the manner
stated in §1.6109–2 of this chapter.
*****
Par. 21. Section 40.6694–1 is amended
by revising paragraph (a) to read as fol-
lows:
§40.6694–1 Section 6694 penalties
applicable to tax return preparer.
(a)In general. For general definitions
regarding section 6694 penalties applica-
ble to preparers of returns or claims for re-
fund of any tax to which this part 40 ap-
plies, see §1.6694–1 of this chapter.
*****
Par. 22. Section 40.6694–2 is amended
by revising paragraph (a) to read as fol-
lows:
March 16, 20096892009–11 I.R.B.

§40.6694–2 Penalties for understatement
due to an unreasonable position.
(a)In general.Apersonwhoisatax
return preparer of any return or claim for
refund of any tax to which this part 40
applies shall be subject to penalties un-
der section 6694(a) in the manner stated in
§1.6694–2 of this chapter.
*****
Par. 23. Section 40.6694–3 is amended
by revising paragraph (a) to read as fol-
lows:
§40.6694–3 Penalties for understatement
due to willful, reckless, or intentional
conduct.
(a)In general.Apersonwhoisatax
return preparer of any return or claim for
refund of any tax to which this part 40
applies shall be subject to penalties un-
der section 6694(b) in the manner stated in
§1.6694–3 of this chapter.
*****
Par. 24. Section 40.6694–4 is amended
by revising paragraph (a) to read as fol-
lows:
§40.6694–4 Extension of period of
collection when tax return preparer pays
15 percent of a penalty for understatement
of taxpayer’s liability and certain other
procedural matters.
(a)In general. For rules relating to the
extensionofperiodofcollectionwhena
tax return preparer who prepared a return
or claim for refund of any tax to which this
part 40 applies pays 15 percent of a penalty
for understatement of taxpayer’s liability
and procedural matters relating to the in-
vestigation, assessment and collection of
the penalties under section 6694(a) and (b),
the rules under §1.6694–4 of this chapter
will apply.
*****
Par. 25. Section 40.6695–1 is amended
by revising paragraph (a) to read as fol-
lows:
§40.6695–1 Other assessable penalties
with respect to the preparation of tax
returns for other persons.
(a)In general.Apersonwhoisatax
return preparer of any return or claim for
refund of any tax to which this part 40 ap-
plies shall be subject to penalties for failure
to furnish a copy to the taxpayer under sec-
tion 6695(a) of the Internal Revenue Code
(Code), failure to sign the return under sec-
tion 6695(b) of the Code, failure to fur-
nish an identification number under sec-
tion 6695(c) of the Code, failure to retain
a copy or list under section 6695(d) of the
Code, failure to file a correct information
return under section 6695(e) of the Code,
and negotiation of a check under section
6695(f) of the Code, in the manner stated
in §6695–1 of this chapter.
*****
Par. 26. Section 40.6696–1 is amended
by revising paragraph (a) to read as fol-
lows:
§40.6696–1 Claims for credit or refund by
tax return preparers.
(a)In general. The rules under
§1.6696–1 of this chapter will apply for
claims for credit or refund by a tax return
preparer who prepared a return or claim
for refund of any tax to which this part 40
applies.
*****
PART 41—EXCISE TAX ON USE
OF CERTAIN HIGHWAY MOTOR
VEHICLES
Par. 27. The authority citation for part
41isamendedbyremovinganentryfor
Section 41.6695–2 in numerical order to
read as follows:
Authority: 26 U.S.C. 7805 * * *
Par. 28. Section 41.6695–1 is amended
by revising paragraph (a) to read as fol-
lows:
§41.6695–1 Other assessable penalties
with respect to the preparation of tax
returns for other persons.
(a)In general.Apersonwhoisatax
return preparer of any return or claim for
refund of excise tax under section 4481 of
the Internal Revenue Code (Code) shall be
subject to penalties for failure to furnish a
copy to the taxpayer under section 6695(a)
of the Code, failure to sign a return under
section 6695(b) of the Code, failure to fur-
nish an identification number under sec-
tion 6695(c) of the Code, failure to retain
a copy or list under section 6695(d) of the
Code, failure to file a correct information
return under section 6695(e) of the Code,
and negotiation of a check under section
6695(f) of the Code, in the manner stated
in §6695–1 of this chapter.
*****
PART 44—TAXES ON WAGERING;
EFFECTIVE JANUARY 1, 1955
Par. 29. The authority citation for part
44 is amended by revising an entry for Sec-
tion 44.6109–1 and removing an entry for
Section 44.6695–2 in numerical order to
read as follows:
Authority: 26 U.S.C. 7805 * * *
Section 44.6109–1 also issued under
26 U.S.C. 6109(a). * * *
Par. 30. Section 44.6695–1 is amended
by revising paragraph (a) to read as fol-
lows:
§44.6695–1 Other assessable penalties
with respect to the preparation of tax
returns for other persons.
(a)In general.Apersonwhoisatax
return preparer of any return or claim for
refund of tax on wagers under sections
4401 or 4411 of the Internal Revenue Code
(Code) shall be subject to penalties for fail-
ure to furnish a copy to the taxpayer un-
der section 6695(a) of the Code, failure to
sign the return under section 6695(b) of
the Code, failure to furnish an identifica-
tion number under section 6695(c) of the
Code, failure to retain a copy or list under
section 6695(d) of the Code, failure to file
a correct information return under section
6695(e) of the Code, and negotiation of a
check under section 6695(f) of the Code, in
the manner stated in §6695–1 of this chap-
ter.
*****
PART 53—FOUNDATION AND
SIMILAR EXCISE TAXES
Par. 31. The authority citation for part
53 is amended by revising an entry for Sec-
tion 53.6109–1 and removing an entry for
Section 53.6695–2 in numerical order to
read as follows:
Authority: 26 U.S.C. 7805 * * *
Section 53.6109–1 also issued under
26 U.S.C. 6109(a). * * *
2009–11 I.R.B.690March 16, 2009

PART 54—PENSION EXCISE TAXES
Par. 32. The authority citation for part
54 is amended by revising an entry for Sec-
tion 54.6109–1 and removing an entry for
Section 54.6695–2 in numerical order to
read as follows:
Authority: 26 U.S.C. 7805 * * *
Section 54.6109–1 also issued under
26 U.S.C. 6109(a). * * *
Par. 33. In FR Doc. E8–29750 appear-
ing on page 78430 in theFederal Register
of Monday, December 22, 2008, the fol-
lowing correction is made:
Section 54.6694–3 [Corrected]
On page 78458, in the third column,
in paragraph 107, the instruction “Section
56.6694–3 is added to read as follows:”
is removed and the language “Section
54.6694–3 is added to read as follows:” is
added in its place.
PART55—EXCISETAXONREAL
ESTATE INVESTMENT TRUSTS
AND REGULATED INVESTMENT
COMPANIES
Par. 34. The authority citation for part
55 is amended by revising an entry for Sec-
tion 55.6109–1 and removing an entry for
Section 55.6695–2 in numerical order to
read as follows:
Authority: 26 U.S.C. 7805 * * *
Section 55.6109–1 also issued under
26 U.S.C. 6109(a). * * *
PART 56—PUBLIC CHARITY
EXCISE TAXES
Par. 35. The authority citation for part
56 is amended by revising an entry for Sec-
tion 56.6109–1 and removing an entry for
Section 56.6695–2 in numerical order to
read as follows:
Authority: 26 U.S.C. 7805 * * *
Section 56.6109–1 also issued under
26 U.S.C. 6109(a). * * *
PART 156—EXCISE TAX ON
GREENMAIL
Par. 36. The authority citation for part
156 is amended by revising an entry for
Section 156.6109–1 and removing an entry
for Section 156.6695–2 in numerical order
to read as follows:
Authority: 26 U.S.C. 7805 * * *
Section 156.6109–1 also issued under
26 U.S.C. 6109(a). * * *
PART 157—EXCISE TAX ON
STRUCTURED SETTLEMENT
FACTORING TRANSACTIONS
Par. 37. The authority citation for part
157 is amended by revising an entry for
Section 157.6109–1 and removing an entry
for Section 157.6695–2 in numerical order
to read as follows:
Authority: 26 U.S.C. 7805 * * *
Section 157.6109–1 also issued under
26 U.S.C. 6109(a). * * *
PART 301—PROCEDURE AND
ADMINISTRATION
Par. 38. The authority citation for part
301 continues to read in part as follows:
Authority: 26 U.S.C. 7805 * * *
Par. 39. Section 301.7701–15
is amended by revising paragraph
(f)(1)(xi)(B) to read as follows:
§301.7701–15 Tax return preparer.
*****
(f) * * *
(1) * * *
(xi)***
(B) A waiver of restriction on assess-
ment after initiation of an audit of the tax-
payer or another taxpayer if a determina-
tion in the audit of the other taxpayer af-
fects, directly or indirectly, the liability of
the taxpayer for tax.
*****
LaNita Van Dyke,
Chief, Publications and
Regulations Branch,
Legal Processing Division,
Associate Chief Counsel
(Procedure and Administration).
(Filed by the Office of the Federal Register on January 28,
2009, 8:45 a.m., and published in the issue of the Federal
Register for January 29, 2009, 74 F.R. 5103)
Announcement of Disciplinary Sanctions From the Office
of Professional Responsibility
Announcement 2009-16
TheOfficeofProfessionalResponsi-
bility (OPR) announcesrecent disciplinary
sanctions involving attorneys, certified
public accountants, enrolled agents, en-
rolled actuaries, enrolled retirement plan
agents, and appraisers. These individuals
are subject to the regulations governing
practice before the Internal Revenue Ser-
vice (IRS), which are set out in Title 31,
Code of Federal Regulations, Part 10, and
which are published in pamphlet form as
Treasury Department Circular No. 230.
The regulations prescribe the duties and
restrictions relating to such practice and
prescribe the disciplinary sanctions for
violating the regulations.
The disciplinary sanctions to be im-
posed for violation of the regulations are:
Disbarred from practice before the
IRS—An individual who is disbarred is
not eligible to represent taxpayers before
the IRS.
Suspended from practice before the
IRS—An individual who is suspended is
not eligible to represent taxpayers before
the IRS during the term of the suspension.
Censured in practice before the
IRS—Censure is a public reprimand. Un-
like disbarment or suspension, censure
does not affect an individual’s eligibility
to represent taxpayers before the IRS, but
OPR may subject the individual’s future
representations to conditions designed to
promote high standards of conduct.
Monetary penalty—A monetary
penalty may be imposed on an individual
who engages in conduct subject to sanc-
tion or on an employer, firm, or entity
if the individual was acting on its behalf
and if it knew, or reasonably should have
known, of the individual’s conduct.
March 16, 20096912009–11 I.R.B.

Disqualification of appraiser—An
appraiser who is disqualified is barred
from presenting evidence or testimony in
any administrative proceeding before the
Department of the Treasury or the IRS.
Under the regulations, attorneys, cer-
tified public accountants, enrolled agents,
enrolled actuaries, and enrolled retirement
plan agents may not assist, or accept assis-
tance from, individuals who are suspended
or disbarred with respect to matters consti-
tuting practice (i.e., representation) before
the IRS, and they may not aid or abet sus-
pended or disbarred individuals to practice
before the IRS.
Disciplinary sanctions are described in
these terms:
Disbarred by decision after hearing,
Suspended by decision after hearing,
Censured by decision after hearing,
Monetary penalty imposed after hear-
ing, and Disqualified after hearing—An
administrative law judge (ALJ) conducted
an evidentiary hearing upon OPR’s com-
plaint alleging violation of the regulations
and issued a decision imposing one of
these sanctions. After 30 days from the
issuance of the decision, in the absence of
an appeal, the ALJ’s decision became the
final agency decision.
Disbarred by default decision, Sus-
pended by default decision, Censured by
default decision, Monetary penalty im-
posed by default decision, and Disqual-
ified by default decision—An ALJ, after
findingthatnoanswertoOPR’scomplaint
had been filed, granted OPR’s motion for a
default judgment and issued a decision im-
posing one of these sanctions.
Disbarment by decision on appeal,
Suspended by decision on appeal, Cen-
sured by decision on appeal, Monetary
penalty imposed by decision on ap-
peal, and Disqualified by decision on
appeal—The decision of the ALJ was
appealed to the agency appeal authority,
acting as the delegate of the Secretary
of the Treasury, and the appeal authority
issued a decision imposing one of these
sanctions.
Disbarred by consent, Suspended by
consent, Censured by consent, Mone-
tary penalty imposed by consent, and
Disqualified by consent—In lieu of a
disciplinary proceeding being instituted
or continued, an individual offered a con-
sent to one of these sanctions and OPR
accepted the offer. Typically, an offer
of consent will provide for: suspension
for an indefinite term; conditions that the
individual must observe during the sus-
pension; and the individual’s opportunity,
after a stated number of months, to file
with OPR a petition for reinstatement af-
firming compliance with the terms of the
consent and affirming current eligibility
to practice (i.e., an active professional
license or active enrollment status). An
enrolled agent or an enrolled retirement
plan agent may also offer to resign in order
to avoid a disciplinary proceeding.
Suspended by decision in expedited
proceeding, Suspended by default de-
cision in expedited proceeding, Sus-
pended by consent in expedited pro-
ceeding—OPR instituted an expedited
proceeding for suspension (based on cer-
tain limited grounds, including loss of a
professional license and criminal convic-
tions).
OPR has authority to disclose the
grounds for disciplinary sanctions in these
situations: (1) an ALJ or the Secretary’s
delegate on appeal has issued a decision
on or after September 26, 2007, which was
theeffectivedateofamendmentstothe
regulations that permit making such deci-
sions publicly available; (2) the individual
has settled a disciplinary case by signing
OPR’s “consent to sanction” form, which
requires consenting individuals to admit to
one or more violations of the regulations
and to consent to the disclosure of the in-
dividual’s own return information related
to the admitted violations (for example,
failure to file Federal income tax returns);
or (3) OPR has issued a decision in an
expedited proceeding for suspension.
Announcements of disciplinary sanc-
tions appear in the Internal Revenue Bul-
letin at the earliest practicable date. The
sanctions announced below are alphabet-
ized first by the names of states and sec-
ond by the last names of individuals. Un-
less otherwise indicated, section numbers
(e.g., § 10.51) refer to the regulations.
City & StateNameProfessionalDisciplinary SanctionEffective Date(s)
Designation
Colorado
DenverEssling, Timothy J.AttorneySuspended by default
decision in expedited
proceeding under § 10.82
(suspension of attorney
license)
Indefinite from
February 10, 2009
Florida
MiamiMontello, Louis R.AttorneySuspended by default
decision in expedited
proceeding under
§ 10.82 (conviction
under 26 U.S.C. § 7203,
failure to file income tax
return)
Indefinite from
February 6, 2009
2009–11 I.R.B.692March 16, 2009

City & StateNameProfessionalDisciplinary SanctionEffective Date(s)
Designation
Georgia
NorcrossWare, Ulysses T.AttorneySuspended by default
decision in expedited
proceeding under
§ 10.82 (conviction
under 18 U.S.C. § 371,
conspiracy to commit
securities fraud and wire
fraud, and 15 U.S.C. § 78,
securities fraud)
Indefinite from
February 23, 2009
Oklahoma
Oklahoma CityHall, Daniel A.CPASuspended by default
decision in expedited
proceeding under § 10.82
(suspension of CPA
license)
Indefinite from
February 18, 2009
Tennessee
KingsportAdams, Jr., PaulCPASuspended by default
decision in expedited
proceeding under § 10.82
(revocation of CPA
license)
Indefinite from
February 18, 2009
Texas
CrowleyAshley, Kimberly D.AttorneySuspended by default
decision in expedited
proceeding under § 10.82
(attorney disbarment)
Indefinite from
February 18, 2009
Washington
PascoNelson, Richard L.CPASuspended by default
decision in expedited
proceeding under § 10.82
(suspension of CPA
license)
Indefinite from
February 18, 2009
Virginia
AugustaFielder, Stephen R.AttorneySuspended by default
decision in expedited
proceeding under
§ 10.82 (attorney license
annulled)
Indefinite from
February 18, 2009
Wisconsin
BrookfieldKramer, Mark R.AttorneySuspended by default
decision in expedited
proceeding under § 10.82
(suspension of attorney
license)
Indefinite from
February 18, 2009
March 16, 20096932009–11 I.R.B.

Definition of Terms
Revenue rulings and revenue procedures
(hereinafter referred to as “rulings”) that
have an effect on previous rulings use the
following defined terms to describe the ef-
fect:
Amplifieddescribes a situation where
no change is being made in a prior pub-
lished position, but the prior position is be-
ingextendedtoapplytoavariationofthe
fact situation set forth therein. Thus, if
an earlier ruling held that a principle ap-
plied to A, and the new ruling holds that the
same principle also applies to B, the earlier
ruling is amplified. (Compare withmodi-
fied,below).
Clarifiedis used in those instances
where the language in a prior ruling is be-
ing made clear because the language has
caused, or may cause, some confusion.
It is not used where a position in a prior
ruling is being changed.
Distinguisheddescribes a situation
where a ruling mentions a previously pub-
lished ruling and points out an essential
difference between them.
Modifiedis used where the substance
of a previously published position is being
changed. Thus, if a prior ruling held that a
principle applied to A but not to B, and the
new ruling holds that it applies to both A
and B, the prior ruling is modified because
it corrects a published position. (Compare
withamplifiedandclarified, above).
Obsoleteddescribes a previously pub-
lished ruling that is not considered deter-
minative with respect to future transac-
tions. This term is most commonly used in
a ruling that lists previously published rul-
ings that are obsoleted because of changes
in laws or regulations. A ruling may also
be obsoleted because the substance has
been included in regulations subsequently
adopted.
Revokeddescribes situations where the
position in the previously published ruling
is not correct and the correct position is
beingstatedinanewruling.
Supersededdescribes a situation where
the new ruling does nothing more than re-
state the substance and situation of a previ-
ously published ruling (or rulings). Thus,
the term is used to republish under the
1986 Code and regulations the same po-
sition published under the 1939 Code and
regulations. The term is also used when
it is desired to republish in a single rul-
ing a series of situations, names, etc., that
were previously published over a period of
time in separate rulings. If the new rul-
ing does more than restate the substance
of a prior ruling, a combination of terms
is used. For example,modifiedandsu-
persededdescribes a situation where the
substance of a previously published ruling
is being changed in part and is continued
without change in part and it is desired to
restate the valid portion of the previously
published ruling in a new ruling that is self
contained. In this case, the previously pub-
lished ruling is first modified and then, as
modified, is superseded.
Supplementedis used in situations in
which a list, such as a list of the names of
countries, is published in a ruling and that
list is expanded by adding further names in
subsequent rulings. After the original rul-
ing has been supplemented several times, a
new ruling may be published that includes
the list in the original ruling and the ad-
ditions, and supersedes all prior rulings in
the series.
Suspendedis used in rare situations to
show that the previous published rulings
will not be applied pending some future
action such as the issuance of new or
amended regulations, the outcome of cases
in litigation, or the outcome of a Service
study.
Abbreviations
The fol
lowing abbreviations in current use
and for
merly used will appear in material
publis
hedintheBulletin.
A—Individual.
Acq.—A
cquiescence.
B—Individual.
BE—Beneficiary.
BK—Bank
.
B.T.A.—Board of Tax Appeals.
C—Individual.
C.B.—Cu
mulative Bulletin.
CFR—Code of Federal Regulations.
CI—City.
COOP—Coo
perative.
Ct.D.—Court Decision.
CY—County.
D—Decede
nt.
DC—Dummy Corporation.
DE—Donee.
Del. Order
—Delegation Order.
DISC—Domestic International Sales Corporation.
DR—Donor.
E—Estate.
EE—Employee.
E.O.—Executive Order.
ER—Emp
loyer.
ERISA—Employee Retirement Income Security Act.
EX—Executor.
F—Fiduc
iary.
FC—Foreign Country.
FICA—Federal Insurance Contributions Act.
FISC—Fo
reign International Sales Company.
FPH—Foreign Personal Holding Company.
F.R.—Federal Register.
FUTA—Fed
eral Unemployment Tax Act.
FX—Foreign corporation.
G.C.M.—Chief Counsel’s Memorandum.
GE—Grante
e.
GP—General Partner.
GR—Grantor.
IC—Insura
nce Company.
I.R.B.—Internal Revenue Bulletin.
LE—Lessee.
LP—Limited
Partner.
LR—Lessor.
M—Minor.
Nonacq.—No
nacquiescence.
O—Organization.
P—Parent Corporation.
PHC—Persona
l Holding Company.
PO—Possession of the U.S.
PR—Partner.
PRS—Pa
rtnership.
PTE—Prohibited Transaction Exemption.
Pub. L.—Public Law.
REIT—Re
al Estate Investment Trust.
Rev. Proc.—Revenue Procedure.
Rev. Rul.—Revenue Ruling.
S—Subsi
diary.
S.P.R.—Statement of Procedural Rules.
Stat.—Statutes at Large.
T—Target
Corporation.
T.C.—Tax Court.
T.D.—Treasury Decision.
TFE—Trans
feree.
TFR—Transferor.
T.I.R.—Technical Information Release.
TP—Taxpay
er.
TR—Trust.
TT—Trustee.
U.S.C.—Uni
ted States Code.
X—Corporation.
Y—Corporation.
Z—Corporat
ion.
2009–11 I.R.B.iMarch 16, 2009

Numerical Finding List
1
Bulletins 2009–1 through 2009–11
Announcements:
2009-1, 2009-1 I.R.B.242
2009-2, 2009-5 I.R.B.424
2009-3, 2009-6 I.R.B.459
2009-4, 2009-8 I.R.B.597
2009-5, 2009-8 I.R.B.569
2009-6, 2009-9 I.R.B.643
2009-7, 2009-10 I.R.B.663
2009-8, 2009-8 I.R.B.598
2009-9, 2009-9 I.R.B.643
2009-10, 2009-9 I.R.B.644
2009-11, 2009-10 I.R.B.663
2009-12, 2009-11 I.R.B.686
2009-13, 2009-11 I.R.B.686
2009-14, 2009-11 I.R.B.687
2009-15, 2009-11 I.R.B.687
2009-16, 2009-11 I.R.B.691
Notices:
2009-1, 2009-2 I.R.B.250
2009-2, 2009-4 I.R.B.344
2009-3, 2009-2 I.R.B.250
2009-4, 2009-2 I.R.B.251
2009-5, 2009-3 I.R.B.309
2009-6, 2009-3 I.R.B.311
2009-7, 2009-3 I.R.B.312
2009-8, 2009-4 I.R.B.347
2009-9, 2009-5 I.R.B.419
2009-10, 2009-5 I.R.B.419
2009-11, 2009-5 I.R.B.420
2009-12, 2009-6 I.R.B.446
2009-13, 2009-6 I.R.B.447
2009-14, 2009-7 I.R.B.516
2009-15, 2009-6 I.R.B.449
2009-16, 2009-8 I.R.B.572
2009-17, 2009-8 I.R.B.575
2009-18, 2009-10 I.R.B.648
2009-19, 2009-10 I.R.B.660
Proposed Regulations:
REG-144615-02, 2009-7 I.R.B.561
REG-148568-04, 2009-5 I.R.B.421
REG-160872-04, 2009-4 I.R.B.358
REG-158747-06, 2009-4 I.R.B.362
REG-138326-07, 2009-9 I.R.B.638
REG-143686-07, 2009-8 I.R.B.579
REG-150670-07, 2009-4 I.R.B.378
REG-113462-08, 2009-4 I.R.B.379
REG-147636-08, 2009-9 I.R.B.641
REG-150066-08, 2009-5 I.R.B.423
Revenue Procedures:
2009-1, 2009-1 I.R.B.1
2009-2, 2009-1 I.R.B.87
2009-3, 2009-1 I.R.B.107
2009-4, 2009-1 I.R.B.118
2009-5, 2009-1 I.R.B.161
2009-6, 2009-1 I.R.B.189
2009-7, 2009-1 I.R.B.226
2009-8, 2009-1 I.R.B.229
2009-9, 2009-2 I.R.B.256
2009-10, 2009-2 I.R.B.267
2009-11, 2009-3 I.R.B.313
2009-12, 2009-3 I.R.B.321
2009-13, 2009-3 I.R.B.323
2009-14, 2009-3 I.R.B.324
2009-15, 2009-4 I.R.B.356
2009-16, 2009-6 I.R.B.449
2009-17, 2009-7 I.R.B.517
2009-18, 2009-11 I.R.B.670
Revenue Rulings:
2009-1, 2009-2 I.R.B.248
2009-2, 2009-2 I.R.B.245
2009-3, 2009-5 I.R.B.382
2009-4, 2009-5 I.R.B.408
2009-5, 2009-6 I.R.B.432
2009-8, 2009-10 I.R.B.645
Tax Conventions:
2009-5, 2009-8 I.R.B.569
Treasury Decisions:
9434, 2009-4 I.R.B.339
9435, 2009-4 I.R.B.333
9436, 2009-3 I.R.B.268
9437, 2009-4 I.R.B.341
9438, 2009-5 I.R.B.387
9439, 2009-5 I.R.B.416
9440, 2009-5 I.R.B.409
9441, 2009-7 I.R.B.460
9442, 2009-6 I.R.B.434
9443, 2009-8 I.R.B.564
9444, 2009-9 I.R.B.603
9445, 2009-9 I.R.B.635
9446, 2009-9 I.R.B.607
1
A cumulative list of all revenue rulings, revenue procedures, Treasury decisions, etc., published in Internal Revenue Bulletins 2008–27 through 2008–52 is in Internal Revenue Bulletin
2008–52, dated December 29, 2008.
March 16, 2009ii2009–11 I.R.B.

Finding List of Current Actions on
Previously Published Items
1
Bulletins 2009–1 through 2009–11
Notices:
99-35
Obsoleted by
Notice 2009-15, 2009-6 I.R.B.449
2001-55
Modified by
Notice 2009-1, 2009-2 I.R.B.250
2002-27
Modified by
Notice 2009-9, 2009-5 I.R.B.419
2005-74
Obsoleted by
T.D. 9446, 2009-9 I.R.B.607
2007-26
Modified by
Notice 2009-15, 2009-6 I.R.B.449
2007-54
Obsoleted by
T.D. 9436, 2009-3 I.R.B.268
2008-11
Obsoleted by
T.D. 9436, 2009-3 I.R.B.268
2008-12
Obsoleted by
T.D. 9436, 2009-3 I.R.B.268
Rev. Proc. 2009-11, 2009-3 I.R.B.313
2008-13
Obsoleted by
T.D. 9436, 2009-3 I.R.B.268
List of forms modified and superseded by
Rev. Proc. 2009-11, 2009-3 I.R.B.313
Modified and clarified by
Notice 2009-5, 2009-3 I.R.B.309
2008-46
Obsoleted by
T.D. 9436, 2009-3 I.R.B.268
Rev. Proc. 2009-11, 2009-3 I.R.B.313
2008-100
Amplified and superseded by
Notice 2009-14, 2009-7 I.R.B.516
Proposed Regulations:
REG-149519-03
Withdrawn by
Ann. 2009-4, 2009-8 I.R.B.597
REG-148326-05
Corrected by
Ann. 2009-14, 2009-11 I.R.B.687
Revenue Procedures:
2007-17
Superseded by
Rev. Proc. 2009-14, 2009-3 I.R.B.324
2007-68
Superseded by
Rev. Proc. 2009-17, 2009-7 I.R.B.517
2007-71
Modified by
Notice 2009-3, 2009-2 I.R.B.250
2008-1
Superseded by
Rev. Proc. 2009-1, 2009-1 I.R.B.1
2008-2
Superseded by
Rev. Proc. 2009-2, 2009-1 I.R.B.87
2008-3
Superseded by
Rev. Proc. 2009-3, 2009-1 I.R.B.107
2008-4
Superseded by
Rev. Proc. 2009-4, 2009-1 I.R.B.118
2008-5
Superseded by
Rev. Proc. 2009-5, 2009-1 I.R.B.161
2008-6
Superseded by
Rev. Proc. 2009-6, 2009-1 I.R.B.189
2008-7
Superseded by
Rev. Proc. 2009-7, 2009-1 I.R.B.226
2008-8
Superseded by
Rev. Proc. 2009-8, 2009-1 I.R.B.229
2008-9
Superseded by
Rev. Proc. 2009-9, 2009-2 I.R.B.256
2008-17
Obsoleted in part by
Rev. Proc. 2009-18, 2009-11 I.R.B.670
2008-61
Superseded by
Rev. Proc. 2009-3, 2009-1 I.R.B.107
2008-65
Amplified and supplemented by
Rev. Proc. 2009-16, 2009-6 I.R.B.449
2008-68
Amplified and superseded by
Rev. Proc. 2009-15, 2009-4 I.R.B.356
Revenue Rulings:
65-286
Obsoleted by
T.D. 9435, 2009-4 I.R.B.333
76-54
Obsoleted by
T.D. 9435, 2009-4 I.R.B.333
92-19
Supplemented by
Rev. Rul. 2009-3, 2009-5 I.R.B.382
2008-19
Modified by
Rev. Rul. 2009-3, 2009-5 I.R.B.382
Treasury Decisions:
9436
Corrected by
Ann. 2009-15, 2009-11 I.R.B.687
9439
Corrected by
Ann. 2009-12, 2009-11 I.R.B.686
9442
Corrected by
Ann. 2009-13, 2009-11 I.R.B.686
1
A cumulative list of current actions on previously published items in Internal Revenue Bulletins 2008–27 through 2008–52 is in Internal Revenue Bulletin 2008–52, dated December 29,
2008.
2009–11 I.R.B.iiiMarch 16, 2009

March 16, 20092009–11 I.R.B.

INTERNAL REVENUE BULLETIN
The Introduction at the beginning of this issue describes the purpose and content of this publication. The weekly Internal Revenue
Bulletin is sold on a yearly subscription basis by the Superintendent of Documents. Current subscribers are notified by the Superin-
tendent of Documents when their subscriptions must be renewed.
CUMULATIVE BULLETINS
The contents of this weekly Bulletin are consolidated semiannually into a permanent, indexed, Cumulative Bulletin. These are
sold on a single copy basis andare notincluded as part of the subscription to the Internal Revenue Bulletin. Subscribers to the weekly
Bulletin are notified when copies of the Cumulative Bulletin are available. Certain issues of Cumulative Bulletins are out of print
and are not available. Persons desiring available Cumulative Bulletins, which are listed on the reverse, may purchase them from the
Superintendent of Documents.
ACCESS THE INTERNAL REVENUE BULLETIN ON THE INTERNET
You may view the Internal Revenue Bulletin on the Internet at www.irs.gov. Select Businesses. Under Businesses Topics, select
More Topics. Then select Internal Revenue Bulletins.
INTERNAL REVENUE BULLETINS ON CD-ROM
Internal Revenue Bulletins are available annually as part ofPublication 1796 (Tax Products CD-ROM). The CD-ROM can be
purchased from National Technical Information Service (NTIS) on the Internet at www.irs.gov/cdorders (discount for online orders)
or by calling 1-877-233-6767. The first release is available in mid-December and the final release is available in late January.
HOW TO ORDER
Check the publications and/or subscription(s) desired on the reverse, complete the order blank, enclose the proper remittance,
detach entire page, and mail to the Superintendent of Documents, P.O. Box 371954, Pittsburgh PA, 15250–7954. Please allow two to
six weeks, plus mailing time, for delivery.
WE WELCOME COMMENTS ABOUT THE INTERNAL
REVENUE BULLETIN
If you have comments concerning the format or production of the Internal Revenue Bulletin or suggestions for improving it, we
would be pleased to hear from you. You can email us your suggestions or comments through the IRS Internet Home Page (www.irs.gov)
or write to the IRS Bulletin Unit, SE:W:CAR:MP:T:T:SP, Washington, DC 20224.
Internal Revenue Service
W
ashington,DC20224
Official Business
Penalty for Private Use, $300