How it works

See how a cited answer comes together.

Five steps, shown with a real IRS private letter ruling: ask, read a cited answer, open the page, compare, and highlight. Then what happens when the sources say nothing.

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Step 1

Ask in plain words

Type a question the way you would ask a colleague, or look up a document number or a Code section. Narrow the results by date when you need to.

Did the IRS give more time for the missed QSub elections?

Virtus searches the library first. The answer is built only from passages it finds.

Your questionPlain words, a document number, or a Code section all work.

Step 2

Read an answer that cites the page

Each answer quotes the passages it relies on and numbers them. The document type stays beside every quote, and a ruling’s precedential status stays with it.

Select a citation to open the original PDF at the cited page with the quoted words marked. When the original PDF is not available, the verified source text opens instead, with the quote marked the same way.

The IRS concluded that the taxpayer met the requirements for more time under §§ 301.9100-1 and 301.9100-3 to make QSub elections it had missed for six subsidiaries.

A cited answerHover, focus, or tap the citation to preview the passage it quotes.

IRS Private Letter Ruling 202627005 · Released July 2, 2026Page 4

Sections 301.9100-1 through 301.9100-3 provide the standards the Commissioner will use to determine whether to grant an extension of time to make an election.

Section 301.9100-3 provides the standards the Commissioner will use to determine whether to grant an extension of time for regulatory elections that do not meet the requirements of § 301.9100-2. …

Based solely on the facts submitted and representations made, we conclude that X has satisfied the requirements of §§ 301.9100-1 and 301.9100-3 with respect to the QSub elections for Sub 1, Sub 2, Sub 3, Sub 4, Sub 5, and Sub 9.

The cited page, markedThe citation opens page 4 of the original with the quoted words highlighted. Issued to one taxpayer; not precedent (IRC § 6110(k)(3)).

Step 3

Compare two documents side by side

Put documents next to each other and see the changed wording marked in place: struck through when only the left document has it, underlined when only the right one does.

Compare shows differences in the text. It does not draw legal conclusions.

IRS Private Letter Ruling 202627005 · Released July 2, 2026

Page 4 · Sections 301.9100-1 through 301.9100-3: Sections 301.9100-1 through 301.9100-3 provide the standards the Commissioner will use to determine whether to grant an extension of time to make an election.
Page 4 · Section 301.9100-3: Section 301.9100-3 provides the standards the Commissioner will use to determine whether to grant an extension of time for regulatory elections that do not meet the requirements of § 301.9100-2.

Two passages, comparedChanges shows wording only in one document; Shared shows the wording both use.

Step 4

Highlight the original and download it

Select text on an original PDF to highlight it in one of four colors or add a note. Your highlights are kept on this device for that exact document.

Download with highlights gives you a copy with your marks as standard PDF highlights. It is your working copy; the original file is unchanged.

IRS Private Letter Ruling 202627005 · Released July 2, 2026 · Page 3

Section 1361(a)(1) provides that the term “S corporation” means, with respect to any taxable year, a small business corporation for which an election under § 1362(a) is in effect for the taxable year.

Four highlight colorsPick a color to highlight the sentence, as you would on the original PDF.

Step 5

When sources say nothing, Virtus says so

Virtus answers only from passages it can quote. If nothing in the library supports an answer, it shows “No cited answer” and explains why, instead of filling the gap.

A document that merely matches your words is not treated as authority.

What is the sales tax rate in Ohio?

No cited answer

No documents matched this question, so no cited answer is shown. Try a document number, a Code section, or a different phrase.

An abstentionThe reply is the wording Virtus shows when nothing in the library supports an answer. State tax law is not in the library, so there is nothing to cite.

Try it with your own questions.

Create an account to try it with your own questions, or book a demo and we will walk you through it.

Create account Book a demo Or email support@virtusprofessionalservices.com