26 CFR 1.561-1
§ 1.561-1 Deduction for dividends paid.
United States · 26 CFR — Internal Revenue · Status: effective
Cite this
- Citation
- 26 CFR 1.561-1, § 1.561-1 Deduction for dividends paid, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/110448
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Full text
(a) The deduction for dividends paid is applicable in determining accumulated taxable income under section 535, undistributed personal holding company income under section 545, undistributed foreign personal holding company income under section 556, investment company taxable income under section 852, and real estate investment trust taxable income under section 857. The deduction for dividends paid includes:
(1) The dividends paid during the taxable year;
(2) The consent dividends for the taxable year, determined as provided in section 565; and
(3) In the case of a personal holding company, the dividend carryover computed as provided in section 564.
(b) For dividends for which the dividends paid deduction is allowable, see section 562 and § 1.562-1. As to when dividends are considered paid, see § 1.561-2.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.