INTERNAL REVENUE SERVICE ISSUES PROPOSED RULE: APPLICATION OF THE PERSONAL RESPONSIBILITY AND WORK OPPORTUNITY RECONCILIATION ACT OF 1996 TO THE REFUNDED PORTION OF CERTAIN FEDERAL REFUNDABLE TAX CREDITS; HEARING CANCELLATION

WASHINGTON, Oct. 9 -- Internal Revenue Service has issued a proposed rule called: Application of the Personal Responsibility and Work Opportunity Reconciliation Act of 1996 to the Refunded Portion of Certain Federal Refundable Tax Credits; Hearing Cancellation.

The proposed rule was published in the Federal Register on Oct. 9 by Oluwafunmilayo A. Taylor, Section Chief, Publications and Regulations Section, Associate Chief Counsel, (Procedure & Administration).

Summary: This document cancels a public hearing on proposed regulations (REG-119882-25) published in the Federal Registeron August 20, 2026. The proposed regulations would provide that the refunded portion of certain refundable Federal income tax credits available to individuals is ...