# Guidance Regarding Deduction and Capitalization of Expenditures Related to Tangible Property
> **IRS** · Correcting amendments. · Published 2012-12-19 · Effective 2012-12-19 · 77 FR 75016
## Document
- **Document number:** 2012-30490
- **Category:** other
- **Sub-agency:** IRS
- **Federal Register citation:** 77 FR 75016
- **CFR reference:** 26 CFR 1
- **Publication date:** 2012-12-19
- **Effective date:** 2012-12-19
- **Treasury docket:** TD 9564
## Abstract

This document contains correcting amendments to the temporary regulations (TD 9564), which were published in the Federal Register on Tuesday, December 27, 2011, relating to guidance regarding deduction and capitalization of expenditures related to tangible property. These amendments revise the general asset account regulations to provide the time and manner of making a general asset account election. The amendatory instructions of TD 9564 inadvertently redesignated paragraphs (m)(2) and (m)(3) for the general asset account regulations as in effect before TD 9564 as paragraphs (l)(2) and (l)(3) for the general asset account regulations as amended by TD 9564. These correcting amendments will affect all taxpayers that make a general asset account election.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2012/12/19/2012-30490/guidance-regarding-deduction-and-capitalization-of-expenditures-related-to-tangible-property)
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