{"abstract":"This document contains final and temporary regulations concerning how liabilities are allocated for purposes of section 707 of the Internal Revenue Code (Code) and when certain obligations are recognized for purposes of determining whether a liability is a recourse partnership liability under section 752. These regulations affect partnerships and their partners. The text of these temporary regulations serves as part of the text of proposed regulations (REG- 122855-15) published in the Proposed Rules section in this issue of the Federal Register.","action":"Final and temporary regulations.","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Internal Revenue Service","name":"Internal Revenue Service","id":254,"url":"https://www.federalregister.gov/agencies/internal-revenue-service","json_url":"https://www.federalregister.gov/api/v1/agencies/254","parent_id":497,"slug":"internal-revenue-service"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2016/10/05/2016-23388.html","cfr_references":[{"chapter":null,"citation_url":null,"part":1,"title":26}],"citation":"81 FR 69282","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"Effective date: These regulations are effective on October 5, 2016.","disposition_notes":null,"docket_ids":["TD 9788"],"dockets":[],"document_number":"2016-23388","effective_on":"2016-10-05","end_page":69291,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2016/10/05/2016-23388.xml","html_url":"https://www.federalregister.gov/documents/2016/10/05/2016-23388/liabilities-recognized-as-recourse-partnership-liabilities-under-section-752","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2016-23388?publication_date=2016-10-05","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2016-10-05/2016-23388/mods.xml","not_received_for_publication":null,"page_length":10,"page_views":{"count":2190,"last_updated":"2026-10-24 02:15:05 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2016-10-05/pdf/2016-23388.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2016-23388.pdf?1475585122","publication_date":"2016-10-05","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2016/10/05/2016-23388.txt","regulation_id_number_info":{"1545-BM84":{"issue":"201610","html_url":"https://www.federalregister.gov/regulations/1545-BM84/section-752-and-recourse-liabilities-temporary-","title":"Section 752 and Recourse Liabilities (Temporary)","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=201610&RIN=1545-BM84&operation=OPERATION_EXPORT_XML","priority_category":"Substantive, Nonsignificant"}},"regulation_id_numbers":["1545-BM84"],"regulations_dot_gov_info":{"supporting_documents":[],"regulatory_plan":{"html_url":"https://www.federalregister.gov/regulations/1545-BM83/section-752-and-recourse-liabilities-","title":"Section 752 and Recourse Liabilities "},"comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=IRS-2016-0027","supporting_documents_count":0,"docket_id":"IRS-2016-0027","regulation_id_number":"1545-BM83","title":"Liabilities recognized as recourse partnership liabilities under section 752 (REG-122855-15)","checked_regulationsdotgov_at":"2016-10-25T06:00:19Z"},"regulations_dot_gov_url":null,"significant":false,"signing_date":null,"start_page":69282,"subtype":null,"title":"Liabilities Recognized as Recourse Partnership Liabilities Under Section 752","toc_doc":"Liabilities Recognized as Recourse Partnership Liabilities Under Section 752","toc_subject":null,"topics":["Income taxes","Reporting and recordkeeping requirements"],"type":"Rule","volume":81}