# Method of Accounting for Gains and Losses on Shares in Money Market Funds; Broker Returns With Respect to Sales of Shares in Money Market Funds; Correction
> **IRS** · Final regulations; correction. · Published 2016-09-23 · Effective 2016-09-23 · 81 FR 65541
## Document
- **Document number:** 2016-22950
- **Category:** other
- **Sub-agency:** IRS
- **Federal Register citation:** 81 FR 65541
- **CFR reference:** 26 CFR 1
- **Publication date:** 2016-09-23
- **Effective date:** 2016-09-23
- **Treasury docket:** TD 9774
## Abstract

This document contains a correction to final regulations (TD 9774) that were published in the Federal Register on July 8, 2016 (81 FR 44508). The final regulations provide a simplified method of accounting for gains and losses on shares in money market funds (MMFs). The final regulations also provide guidance regarding information reporting requirements for shares in MMFs.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2016/09/23/2016-22950/method-of-accounting-for-gains-and-losses-on-shares-in-money-market-funds-broker-returns-with)
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