26 CFR 1.642(e)-1

§ 1.642(e)-1 Depreciation and depletion.

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

Cite this

Citation: 26 CFR 1.642(e)-1, § 1.642(e)-1 Depreciation and depletion, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/110581
Permanent ID: ys:prov:110581@1
SHA-256: 3d2b83a0967691af42206f326292881a2e65dd9439a734931fad4e6c9cef6612

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Full text

An estate or trust is allowed the deductions for depreciation and depletion, but only to the extent the deductions are not apportioned to beneficiaries under sections 167(h) and 611(b). For purposes of sections 167(h) and 611(b), the term beneficiaries includes charitable beneficiaries. See the regulations under those sections.

Legislative history

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