Professional Documents
Culture Documents
Example. (I) Facts. Employer Sponsors A Profit-: Eral Register On Friday, June 1, 2007 (72
Example. (I) Facts. Employer Sponsors A Profit-: Eral Register On Friday, June 1, 2007 (72
provided under section 213, the amount of these dis Contributions to Health
tributions constitutes payments for medical care. The Associate Chief Counsel
$5,000 payment to the hospital is excludable from Savings Accounts Under (Procedure and Administration).
Participant A’s gross income under section 104(a)(3) Section 4980G; Hearing
and is not treated as a distribution from the plan. (Filed by the Office of the Federal Register on September
Cancellation 12, 2007, 8:45 a.m., and published in the issue of the Federal
Par. 8. Section 1.402(c)–2 is amended Register for September 13, 2007, 72 F.R. 52319)
by redesignating paragraphs A–4(g) and
Announcement 2007–85
A–4(h) as paragraphs A–4(h) and A–4(i)
and adding a new paragraph A–4(g) to read AGENCY: Internal Revenue Service Deletions From Cumulative
as follows: (IRS), Treasury. List of Organizations
§1.402(c)–2 Eligible rollover Contributions to Which
ACTION: Cancellation of notice of public
contributions; questions and answers. hearing on proposed rulemaking.
are Deductible Under Section
170 of the Code
***** SUMMARY: This document cancels a
A–4: * * * public hearing on proposed regulations Announcement 2007–86
(g) Distributions of premiums for (REG–143797–06, 2007–26 I.R.B. 1495)
accident or health insurance under providing guidance on employer com The names of organizations that no
§1.402(a)–1(e). parable contributions to Health Savings longer qualify as organizations described
***** Accounts (HSAs). in section 170(c)(2) of the Internal Rev
Par. 9. Section 1.403(a)–1 is amended enue Code of 1986 are listed below.
by revising paragraph (g) to read as fol DATES: The public hearing, originally Generally, the Service will not disallow
lows: scheduled for September 28, 2007 at deductions for contributions made to a
10 a.m. is cancelled. listed organization on or before the date
§1.403(a)–1 Taxability of beneficiary of announcement in the Internal Revenue
under a qualified annuity plan. FOR FURTHER INFORMATION Bulletin that an organization no longer
CONTACT: Kelly Banks of the Publi qualifies. However, the Service is not
***** cations and Regulations Branch, Legal precluded from disallowing a deduction
(g) The rules of §1.402(a)–1(e) apply Processing Division, Associate Chief for any contributions made after an or
for purposes of determining the treatment Counsel (Procedure and Administration) ganization ceases to qualify under section
of amounts paid to provide accident and at (202) 622–0392 (not a toll-free num 170(c)(2) if the organization has not timely
health insurance benefits. ber). filed a suit for declaratory judgment under