Ezel / IRS Rulings / 202518007
Private Letter Ruling 202518007 Released May 2, 2025 Other outcome

IRS replaces the legend in an earlier S corporation ruling

Apply this to your situation

This page covers one taxpayer's ruling from 2025, which can't be cited as precedent. Ezel answers your situation under the current Code and IRS guidance, with citations.

Not precedent. Under 26 U.S.C. § 6110(k)(3), this written determination may not be used or cited as precedent. It resolved one taxpayer's situation on its specific facts, and identifying details were redacted by the IRS before release. The official IRS release (linked on this page as a PDF) is the authoritative source.
About this page: The plain-English summary and ruling snapshot below were written by Ezel based on the official IRS release. The full text is the IRS's own document.
View official IRS release (PDF)

Plain-English summary

The IRS issued this letter to modify an earlier private letter ruling dated September 26, 2022. The new letter replaces the earlier ruling's legend, which defines the redacted placeholders for the company, trust, state, dates, and an amount. It says that this ruling modifies and supersedes the previous letter. The document does not restate the earlier ruling's facts, analysis, or substantive conclusion. Readers therefore need the earlier letter to understand the underlying S corporation election or inadvertent-termination issue.

Ruling snapshot

  • Question: How should the redacted legend in the September 26, 2022 private letter ruling be stated?
  • Outcome: The IRS substituted a new legend and modified and superseded the earlier letter.
  • Key authorities: No substantive authority is discussed in this modification letter; its index numbers concern IRC § 1362 elections and inadvertent terminations.

Full text (IRS public release)

Internal Revenue Service Department of the Treasury
Washington, DC 20224

Number: 202518007 Third Party Communication: None
Release Date: 5/2/2025 Date of Communication: Not Applicable
Index Number: 1362.00-00, 1362.04-00
Person To Contact:
--------------------------------- ------------, ID No. -----------------
---------------------------------------------------- Telephone Number:
------------------------------------- -------------------
-------------------------------- Refer Reply To:
CC:PT&E:B03
PLR-113674-24
Date:
January 29, 2025

Dear ---------------------:

This letter modifies PLR-106456-22, dated September 26, 2022 (Previous Letter). This
ruling modifies and supersedes the Previous Letter.

The legend of the Previous Letter is modified to read as follows:

Company = ----------------------------------------------------------------------------------------------
------------------------

Trust = --------------------------------------------------------------------------------------------

State = -------------

Date 1 = ------------------

Date 2 = ----------------

Date 3 = --------------------------

Date 4 = --------------------------

$n = ---------------

PLR-113674-24 2

Pursuant to a power of attorney on file with this office, we are sending a copy of this letter to
your authorized representative.

                                               Sincerely,



                                               Richard T. Probst
                                               Senior Technician Reviewer, Branch 3
                                               Office of the Associate Chief Counsel
                                               (Passthroughs, Trusts, and Estates)

Enclosure
Copy of this letter for § 6110 purposes

cc: -----------------------------------------------------------------
---------------------------------------
---------------------------------
--------------------------------

 --------------------------------------------------------------------
 ------------------------------------------
 ------------------------------
 --------------------------

 ----------------------------------
 ---------------------------------------
 -------------------------------------------
 -------

Get today's answer for your situation

You just read what the IRS ruled for one taxpayer in 2025, and it can't be cited as precedent. Ezel checks the current Internal Revenue Code and IRS guidance and answers your specific situation, with citations.

Opens in Ezel Pro. Every answer cites the authority it relies on.