Treasury Regulations (26 C.F.R.)
26 CFR § 1.163-6T
Reduction of deduction where section 25 credit taken (temporary).
Official textecfr.govlast amended
# (a) In general.
The amount of the deduction under section 163 for interest paid or accrued during any taxable year on a certified indebtedness amount with respect to a mortgage credit certificate which has been issued under section 25 shall be reduced by the amount of the credit allowable with respect to such interest under section 25 (determined without regard to section 26).
# (b) Cross reference.
See §§ 1.25-1T through 1.25-8T with respect to rules relating to mortgage credit certificates.
[T.D. 8023, 50 FR 19355, May 8, 1985]
Source: view the official text
In this part (40 sections)
- 1.162-21 · Denial of deduction for certain fines, penalties, and other…
- 1.162-22 · Treble damage payments under the antitrust laws.
- 1.162-24 · Travel expenses of state legislators.
- 1.162-25 · Deductions with respect to noncash fringe benefits.
- 1.162-25T · Deductions with respect to noncash fringe benefits…
- 1.162-27 · Certain employee remuneration in excess of $1,000,000 not…
- 1.162-28 · Allocation of costs to lobbying activities.
- 1.162-29 · Influencing legislation.
- 1.162-31 · The $500,000 deduction limitation for remuneration provided…
- 1.162-32 · Expenses paid or incurred for lodging when not traveling…
- 1.162-33 · Certain employee remuneration in excess of $1,000,000 not…
- 1.162(k)-1 · (k)-1 Disallowance of deduction for reacquisition payments.
- 1.162(l)-0 · (l)-0 Table of Contents.
- 1.162(l)-1 · (l)-1 Deduction for health insurance costs of…
- 1.163-1 · Interest deduction in general.
- 1.163-2 · Installment purchases where interest charge is not separately…
- 1.163-3 · Deduction for discount on bond issued on or before May 27,…
- 1.163-4 · Deduction for original issue discount on certain obligations…
- 1.163-5 · Denial of interest deduction on certain obligations issued…
- 1.163-5T · Denial of interest deduction on certain obligations issued…
- 1.163-6T · Reduction of deduction where section 25 credit taken…
- 1.163-7 · Deduction for OID on certain debt instruments.
- 1.163-8T · Allocation of interest expense among expenditures…
- 1.163-9T · Personal interest (temporary).
- 1.163-10T · Qualified residence interest (temporary).
- 1.163-11 · Allocation of certain prepaid qualified mortgage insurance…
- 1.163-12 · Deduction of original issue discount on instrument held by…
- 1.163-13 · Treatment of bond issuance premium.
- 1.163-15 · Debt proceeds distributed from any taxpayer account or from…
- 1.163(d)-1 · (d)-1 Time and manner for making elections under the…
- 1.163(j)-0 · (j)-0 Table of contents.
- 1.163(j)-1 · (j)-1 Definitions.
- 1.163(j)-2 · (j)-2 Deduction for business interest expense limited.
- 1.163(j)-3 · (j)-3 Relationship of the section 163(j) limitation to…
- 1.163(j)-4 · (j)-4 General rules applicable to C corporations…
- 1.163(j)-5 · (j)-5 General rules governing disallowed business interest…
- 1.163(j)-6 · (j)-6 Application of the section 163(j) limitation to…
- 1.163(j)-7 · (j)-7 Application of the section 163(j) limitation to…
- 1.163(j)-8 · (j)-8 [Reserved]
- 1.163(j)-9 · (j)-9 Elections for excepted trades or businesses; safe…