Technical Corrections Act

[AI summary unavailable — showing source text] Technical Correction Act - Makes technical amendments to income tax and administrative provisions in the Internal Revenue Code pertaining to: (1) retirement income credit; (2) the minimum tax; (3) sick pay; (4) net operating losses; (5) construction period interest and taxes; (6) the preservation of historic structures; (7) foreign conventions; (8) corporate liquidations; (9) investment company transactions; (10) risk provisions; (11) foreign personal holding companies; (12) condominium management associations; (13) gains on property transferred to trust at less than fair market value; (14) foreign tax credit for accumulation distributions; (15) partnership losses; (16) real estate investment trusts; (17) foreign income; (18) sales of depreciable property between related persons; (19) depreciation on player contracts; (20)pensions and annuities; (21) subchapter corporations; (22) individual retirement accounts; (23) taxpayer information and returns; and (24) income tax return preparers. Amends estate and gift tax provisions pertaining to: (1) section 306 stock; (2) coordination of deduction for estate taxes attributable to income in respect of a decedent with the capital gain deduc…