26 CFR 1.642(a)(3)-1
§ 1.642(a)(3)-1 Dividends received by an estate or trust.
United States · 26 CFR — Internal Revenue · Status: effective
Cite this
- Citation
- 26 CFR 1.642(a)(3)-1, § 1.642(a)(3)-1 Dividends received by an estate or trust, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/110568
- Permanent ID
ys:prov:110568@1- SHA-256
184cd1612e61232e1bda25a12bf8809093a1612cbad774f386464a39a9fd856b
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
An estate or trust is allowed a credit against the tax for dividends received on or before December 31, 1964 (see section 34), only for so much of the dividends as are not properly allocable to any beneficiary under section 652 or 662. Section 642(a)(3), and this section do not apply to amounts received as dividends after December 31, 1964. For treatment of the credit in the hands of the beneficiary see § 1.652(b)-1.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.