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Title 26 Part 1 → §1.469-3

Title 26 → Chapter I → Subchapter A → Part 1 → §1.469-3

Electronic Code of Federal Regulations e-CFR

Title 26 Part 1 → §1.469-3

e-CFR data is current as of June 17, 2019

Title 26Chapter ISubchapter APart 1 → §1.469-3


Title 26: Internal Revenue
PART 1—INCOME TAXES (CONTINUED)


§1.469-3   Passive activity credit.

(a)-(d) [Reserved]

(e) Coordination with section 38(b). Any credit described in section 38(b) (1) through (5) is taken into account in computing the current year business credit for the first taxable year in which the credit is subject to section 469 and is not disallowed by section 469 and the regulations thereunder.

(f) Coordination with section 50. In the case of any cessation described in section 50(a) (1) or (2), the credits allocable to the taxpayer's activities under §1.469-1(f)(4) shall be adjusted by reason of the cessation.

(g) [Reserved]

[T.D. 8417, 57 FR 20758, May 15, 1992]