26 CFR 1.641(a)-1
§ 1.641(a)-1 Imposition of tax; application of tax.
United States · 26 CFR — Internal Revenue · Status: effective
Cite this
- Citation
- 26 CFR 1.641(a)-1, § 1.641(a)-1 Imposition of tax; application of tax, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/110559
- Permanent ID
ys:prov:110559@1- SHA-256
02e6d716dd133e94c6e9872bb8105d9b1f8e3f8076d93963ede6e8b3140c1743
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
For taxable years beginning after December 31, 1970, section 641 prescribes that the taxes imposed by section 1(d), as amended by the Tax Reform Act of 1969, shall apply to the income of estates or of any kind of property held in trust. For taxable years ending before January 1, 1971, section 641 prescribes that the taxes imposed upon individuals by chapter 1 of the Code apply to the income of estates or of any kind of property held in trust. The rates of tax, the statutory provisions respecting gross income, and, with certain exceptions, the deductions and credits allowed to individuals apply also to estates and trust.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.