26 CFR 1.72-3
§ 1.72-3 Excludable amounts not income.
United States · 26 CFR — Internal Revenue · Status: effective
Cite this
- Citation
- 26 CFR 1.72-3, § 1.72-3 Excludable amounts not income, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/108945
- Permanent ID
ys:prov:108945@1- SHA-256
f58f63d5762c4588aa3a6483613abda15849845658637e9fc89e69a49798cfec
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Full text
In general, amounts received under contracts described in paragraph (a)(1) of § 1.72-2 are not to be included in the income of the recipient to the extent that such amounts are excludable from gross income as the result of the application of section 72 and the regulations thereunder.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.