# Guidance Under Section 1061; Correction
> **IRS** · Final rule; correction and correcting amendments. · Published 2024-06-14 · Effective 2024-06-14 · 89 FR 50524
## Document
- **Document number:** 2024-12374
- **Category:** other
- **Sub-agency:** IRS
- **Federal Register citation:** 89 FR 50524
- **CFR reference:** 26 CFR 1
- **Publication date:** 2024-06-14
- **Effective date:** 2024-06-14
- **Treasury docket:** TD 9945
## Abstract

This document contains corrections to Treasury Decision 9945 published in the Federal Register on Tuesday, January 19, 2021. Treasury Decision 9945 issued final regulations that recharacterize certain net long-term capital gains of a partner that holds one or more applicable partnership interests as short-term capital gains.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2024/06/14/2024-12374/guidance-under-section-1061-correction)
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