Content reviewed October 17, 2026 · Educational reference
This log records the scope and source status of the September 13, 2026 content revision and the October 11 and October 17, 2026 updates that followed it. A review date means the material was checked against the cited sources for this edition; it is not a legal opinion or a promise of continuous monitoring.
| Topic | Status in this edition | What needs another check |
|---|---|---|
| §1062 farmland | Enacted rule and published IRS filing instructions incorporated; Notice 2026-3 description corrected October 17, 2026 (75 percent of applicable net tax liability excluded from the required annual payment). | Transaction qualification, return-year instructions, covenant and payment dates. |
| §1062 proposed regulations | REG-117095-25 (91 FR 61367, Sept. 29, 2026; IR-2026-115) incorporated October 17, 2026: year-of-sale-only scope (prop. §1.1062-2(f), Example 5), Form 1062-T transferee exception, “substantially all” and covenant rules. | Comment period closes November 30, 2026; final regulations and any change from the proposed text. |
| §1202 and Opportunity Zones | 2025 statutory changes distinguished by applicable dates. | Implementing guidance and the exact stock or investment vintage. |
| Monetized installment sales | 2023 listing proposal located; no final §1.6011-13 regulation identified as of October 17, 2026. DOJ complaint United States v. Crow (D. Idaho No. 1:25-cv-00177, filed March 27, 2025) appears closed per public docket listings; disposition not reviewed. The promoters’ APA challenge (No. 1:24-cv-00346) was dismissed per November 2025 reports. Not on the 2026 Dirty Dozen list (IR-2026-30). | Federal Register and IRS updates before relying on reporting status; the court’s orders in the Crow matters. |
| Carrier products | Public MetLife product distinctions used as a dated example; payment descriptions aligned October 17, 2026 to “contractually fixed, insurer-funded” rather than “guaranteed.” | Current quote, eligibility, jurisdiction, contract, and the insurer’s contractual terms. |
| RBC | Model-act thresholds corrected using the ACL denominator. | Applicable state enactment and current issuer filings. |
| Guaranty associations | Coverage eligibility separated from nominal limits. | Contract-specific state law; the full state data table was not recertified. |
What this revision changed
| Date | What changed |
|---|---|
| September 13, 2026 | Full Knowledgebase and FAQ revision described below. |
| October 11, 2026 | Co-Obligor terminology adopted across the Substitute-Obligor article and related pages (the assignment company assumes the buyer’s obligation as co-obligor; the buyer keeps fallback liability); the Original Issue Discount Deep Dive gained the index-linked (Reading A / Reading B) material. |
| October 17, 2026 | Knowledgebase text corrections and currency updates: §453(i) limited to §1245/§1250 recapture, §483(d)(2) and §483(e)(4) citations, §453(h) wording, and Notice 88-81 cited alone in the OID article; §1062 proposed regulations and the corrected Notice 2026-3 description in the farmland article; Crow docket status, Crow v. United States dismissal, 2026 Dirty Dozen, and Opportunity Zone guidance trail in the enforcement article; PLR 202623014 added; §453A-interest deductibility harmonized (§163(h), Temp. Reg. §1.163-9T, Carlson); §453(g)(2) and §453(e)(2)(A) exceptions added; escrow rulings (Rev. Rul. 77-294, 79-91) and the cash-security rule added; §72 scope clarified; “guaranteed” wording replaced; Burrell Groves reporter cites added; Rev. Rul. 65-29 and 76-133 rows removed. Companion change orders of the same date addressed the History, Payment Protection and Implementation articles, the guides and FAQ, the federal rate tables, the state tax engine and records, and the guaranty-association and carrier data. |
Corrected recapture terminology, §453A vintage calculations, §453B(e), buyer-release claims, RBC bands, and overly broad authority and guaranty statements. Revised the existing goodwill, covenant, and basis discussions; added seller, estate, liquidation, debt, interest, contingent-payment, state, farmland, and alternative-strategy material.
Expanded the glossary and FAQs, connected them to the long-form explanations, and aligned the content used by site search and chatbot ingestion. Historical case studies and all state-by-state tax calculations were not independently recertified as part of this Knowledgebase and FAQ revision.
Editorial maintenance
Suggested editorial review: quarterly, and sooner after tax legislation, IRS guidance, carrier product changes, or material insurance-law developments. Before publishing an update, record the date, source, effective date, affected pages, and reviewer. Refresh the chatbot’s source index after content changes.
Use Request Support to flag an outdated statement with its page link and supporting source. Current product terms must come from the provider; transaction conclusions must come from the seller’s qualified advisors.
Sources: IRC §1062 — qualified farmland tax-payment election; IRS Form 1062 instructions; IRS Notice 2026-3 — estimated-tax relief for §1062 elections; Federal Register — REG-117095-25, proposed §1062 regulations (91 FR 61367, Sept. 29, 2026); IRS IR-2026-30 — 2026 Dirty Dozen list; IRC §1202 — qualified small business stock; IRC §1400Z-2 — Opportunity Zone investments; Federal Register — proposed monetized-sale listing regulations; NAIC — Risk-Based Capital for Insurers Model Act; MetLife — current SIS product information; NOLHGA — product coverage questions.
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