# Election Out of Subchapter K for Producers of Natural Gas; Correction
> **IRS** · Rule · Published 1995-03-01 · Effective 1995-01-01 · 60 FR 11028
## Document
- **Document number:** 95-4902
- **Category:** other
- **Sub-agency:** IRS
- **Federal Register citation:** 60 FR 11028
- **CFR reference:** 26 CFR 1
- **Publication date:** 1995-03-01
- **Effective date:** 1995-01-01
- **Treasury docket:** TD 8578
## Abstract

This document contains a correction to final regulations [TD 8578] which was published in the Federal Register for Friday, December 23, 1994 (59 FR 66181). The final regulations provide that the co- producers under a joint operating agreement must use one of two permissible methods described in the regulations in reporting income from gas sales and certain related deductions and credits.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/1995/03/01/95-4902/election-out-of-subchapter-k-for-producers-of-natural-gas-correction)
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