Treasury Regulations (26 C.F.R.)
26 CFR § 1.468B-4
Taxability of distributions to claimants.
Whether a distribution to a claimant is includible in the claimant's gross income is generally determined by reference to the claim in respect of which the distribution is made and as if the distribution were made directly by the transferor. For example, to the extent a distribution is in satisfaction of damages on account of personal injury or sickness, the distribution may be excludable from gross income under section 104(a)(2). Similarly, to the extent a distribution is in satisfaction of a claim for foregone taxable interest, the distribution is includible in the claimant's gross income under section 61(a)(4).
[T.D. 8459, 57 FR 60994, Dec. 23, 1992]
Source: view the official text
In this part (40 sections)
- 1.467-5 · Section 467 rental agreements with variable interest.
- 1.467-6 · Section 467 rental agreements with contingent payments.…
- 1.467-7 · Section 467 recapture and other rules relating to…
- 1.467-8 · Automatic consent to change to constant rental accrual for…
- 1.467-9 · Effective/applicability dates and automatic method changes…
- 1.468A-0 · Nuclear decommissioning costs; table of contents.
- 1.468A-1 · Nuclear decommissioning costs; general rules.
- 1.468A-2 · Treatment of electing taxpayer.
- 1.468A-3 · Ruling amount.
- 1.468A-4 · Treatment of nuclear decommissioning fund.
- 1.468A-5 · Nuclear decommissioning fund—miscellaneous provisions.
- 1.468A-6 · Disposition of an interest in a nuclear power plant.
- 1.468A-7 · Manner of and time for making election.
- 1.468A-8 · Special transfers to qualified funds pursuant to section…
- 1.468A-9 · Applicability dates.
- 1.468B · Designated settlement funds.
- 1.468B-0 · Table of contents.
- 1.468B-1 · Qualified settlement funds.
- 1.468B-2 · Taxation of qualified settlement funds and related…
- 1.468B-3 · Rules applicable to the transferor.
- 1.468B-4 · Taxability of distributions to claimants.
- 1.468B-5 · Effective dates and transition rules applicable to qualified…
- 1.468B-6 · Escrow accounts, trusts, and other funds used during…
- 1.468B-7 · Pre-closing escrows.
- 1.468B-8 · Contingent-at-closing escrows. [Reserved]
- 1.468B-9 · Disputed ownership funds.
- 1.469-0 · Table of contents.
- 1.469-1 · General rules.
- 1.469-1T · General rules (temporary).
- 1.469-2 · Passive activity loss.
- 1.469-2T · Passive activity loss (temporary).
- 1.469-3 · Passive activity credit.
- 1.469-3T · Passive activity credit (temporary).
- 1.469-4 · Definition of activity.
- 1.469-4T · Definition of activity (temporary).
- 1.469-5 · Material participation.
- 1.469-5T · Material participation (temporary).
- 1.469-6 · Treatment of losses upon certain dispositions. [Reserved]
- 1.469-7 · Treatment of self-charged items of interest income and…
- 1.469-8 · Application of section 469 to trust, estates, and their…