26 CFR 1.263(f)-1

§ 1.263(f)-1 Reasonable repair allowance.

United States · 26 CFR — Internal Revenue · Status: effective

Cite this

Citation: 26 CFR 1.263(f)-1, § 1.263(f)-1 Reasonable repair allowance, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/109463
Permanent ID: ys:prov:109463@1
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Full text

(a) For rules regarding the election of the repair allowance authorized by section 263(f), the definition of repair allowance property, and the conditions under which an election may be made, see paragraphs (d) (2) and (f) of § 1.167(a)-11. An election may be made under this section for a taxable year only if the taxpayer makes an election under § 1.167(a)-11 for such taxable year.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.