# Section 1374 Effective Dates; Correction
> **IRS** · Correcting amendment. · Published 2005-05-05 · Effective 2004-12-22 · 70 FR 23790
## Document
- **Document number:** 05-8912
- **Category:** other
- **Sub-agency:** IRS
- **Federal Register citation:** 70 FR 23790
- **CFR reference:** 26 CFR 1
- **Publication date:** 2005-05-05
- **Effective date:** 2004-12-22
- **Treasury docket:** TD 9170
## Abstract

This document corrects temporary regulations (TD 9170) that were published in the Federal Register on Wednesday, December 22, 2004 (69 FR 76612). The document contains temporary regulations providing guidance concerning the applicability of section 1374 to S corporations that acquire assets in carryover basis transactions from C corporations on or after December 27, 1994, and to certain corporations that terminate S corporation status and later elect again to become S corporations.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2005/05/05/05-8912/section-1374-effective-dates-correction)
---
*AI Analytics · CC0 1.0*