Treasury Regulations (26 C.F.R.)

26 CFR § 1.706-2T

Temporary regulations; question and answer under the Tax Reform Act of 1984.

Official textecfr.govlast amended

Question 1: For purposes of section 706(d), how is an otherwise deductible amount that is deferred under section 267(a)(2) treated?

Answer 1: In the year the deduction is allowed, the deduction will constitute an allocable cash basis item under section 706(d)(2)(B)(iv).

(Secs. 267(f)(2)(B), 706(d)(2)(B)(iv), 1502, and 7805, Internal Revenue Code of 1954 (98 Stat. 704, 26 U.S.C. 267; 98 Stat. 589, 26 U.S.C. 706; 68A Stat. 367, 26 U.S.C. 1502; 68A Stat. 917, 26 U.S.C. 7805))

[T.D. 7991, 49 FR 47001, Nov. 30, 1984]

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In this part (40 sections)
  1. 1.691(d)-1 · (d)-1 Amounts received by surviving annuitant under joint…
  2. 1.691(e)-1 · (e)-1 Installment obligations transmitted at death when…
  3. 1.691(f)-1 · (f)-1 Cross reference.
  4. 1.692-1 · Abatement of income taxes of certain members of the Armed…
  5. 1.701-1 · Partners, not partnership, subject to tax.
  6. 1.701-2 · Anti-abuse rule.
  7. 1.702-1 · Income and credits of partner.
  8. 1.702-2 · Net operating loss deduction of partner.
  9. 1.702-3T · 4-Year spread (temporary).
  10. 1.703-1 · Partnership computations.
  11. 1.704-1 · Partner's distributive share.
  12. 1.704-1T · Partner's distributive share (temporary).
  13. 1.704-2 · Allocations attributable to nonrecourse liabilities.
  14. 1.704-3 · Contributed property.
  15. 1.704-4 · Distribution of contributed property.
  16. 1.705-1 · Determination of basis of partner's interest.
  17. 1.705-2 · Basis adjustments coordinating sections 705 and 1032.
  18. 1.706-0 · Table of contents.
  19. 1.706-1 · Taxable years of partner and partnership.
  20. 1.706-2 · Certain allocable cash to as is items. [Reserved]
  21. 1.706-2T · Temporary regulations; question and answer under the Tax…
  22. 1.706-3 · Items attributable to interest in lower-tier partnership.
  23. 1.706-4 · Determination of distributive share when a partner's interest…
  24. 1.706-5 · Taxable year determination.
  25. 1.707-0 · Table of contents.
  26. 1.707-1 · Transactions between partner and partnership.
  27. 1.707-2 · Disguised payments for services. [Reserved]
  28. 1.707-3 · Disguised sales of property to partnership; general rules.
  29. 1.707-4 · Disguised sales of property to partnership; special rules…
  30. 1.707-5 · Disguised sales of property to partnership; special rules…
  31. 1.707-6 · Disguised sales of property by partnership to partner;…
  32. 1.707-7 · Disguised sales of partnership interests. [Reserved]
  33. 1.707-8 · Disclosure of certain information.
  34. 1.707-9 · Effective dates and transitional rules.
  35. 1.708-1 · Continuation of partnership.
  36. 1.709-1 · Treatment of organization and syndication costs.
  37. 1.709-2 · Definitions.
  38. 1.721-1 · Nonrecognition of gain or loss on contribution.
  39. 1.721(c)-1 · (c)-1 Overview, definitions, and rules of general…
  40. 1.721(c)-2 · (c)-2 Recognition of gain on certain contributions of…
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