Itemized Deductions for Individuals and Corporations

1. CFR
2. ›
3. Title 26
4. ›
5. Chapter I
6. ›
7. Part 1
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9. Subject Group Itemized Deductions for Individuals and Corporations

Sections

• 1.161-1
  § 1.161-1 Allowance of deductions.
• 1.162-1
  § 1.162-1 Business expenses.
• 1.162-2
  § 1.162-2 Traveling expenses.
• 1.162-3
  § 1.162-3 Materials and supplies.
• 1.162-4
  § 1.162-4 Repairs.
• 1.162-5
  § 1.162-5 Expenses for education.
• 1.162-7
  § 1.162-7 Compensation for personal services.
• 1.162-8
  § 1.162-8 Treatment of excessive compensation.
• 1.162-9
  § 1.162-9 Bonuses to employees.
• 1.162-10
  § 1.162-10 Certain employee benefits.
• 1.162-10T
  § 1.162-10T Questions and answers relating to the deduction of employee benefits under the Tax Reform Act of 1984; certain limits on amounts deductible (temporary).
• 1.162-11
  § 1.162-11 Rentals.
• 1.162-12
  § 1.162-12 Expenses of farmers.
• 1.162-13
  § 1.162-13 Depositors' guaranty fund.
• 1.162-14
  § 1.162-14 Expenditures for advertising or promotion of good will.
• 1.162-15
  § 1.162-15 Contributions, dues, etc.
• 1.162-16
  § 1.162-16 Cross reference.
• 1.162-17
  § 1.162-17 Reporting and substantiation of certain business expenses of employees.
• 1.162-18
  § 1.162-18 Illegal bribes and kickbacks.
• 1.162-19
  § 1.162-19 Capital contributions to Federal National Mortgage Association.
• 1.162-20
  § 1.162-20 Expenditures attributable to lobbying, political campaigns, attempts to influence legislation, etc., and certain advertising.
• 1.162-21
  § 1.162-21 Denial of deduction for certain fines, penalties, and other amounts.
• 1.162-22
  § 1.162-22 Treble damage payments under the antitrust laws.
• 1.162-24
  § 1.162-24 Travel expenses of state legislators.
• 1.162-25
  § 1.162-25 Deductions with respect to noncash fringe benefits.
• 1.162-25T
  § 1.162-25T Deductions with respect to noncash fringe benefits (temporary).
• 1.162-27
  § 1.162-27 Certain employee remuneration in excess of $1,000,000 not deductible for taxable years beginning on or after January 1, 1994, and for taxable years beginning prior to January 1, 2018.
• 1.162-28
  § 1.162-28 Allocation of costs to lobbying activities.
• 1.162-29
  § 1.162-29 Influencing legislation.
• 1.162-31
  § 1.162-31 The $500,000 deduction limitation for remuneration provided by certain health insurance providers.
• 1.162-32
  § 1.162-32 Expenses paid or incurred for lodging when not traveling away from home.
• 1.162-33
  § 1.162-33 Certain employee remuneration in excess of $1,000,000 not deductible for taxable years beginning after December 31, 2017.
• 1.162(k)-1
  § 1.162(k)-1 Disallowance of deduction for reacquisition payments.
• 1.162(l)-0
  § 1.162(l)-0 Table of Contents.
• 1.162(l)-1
  § 1.162(l)-1 Deduction for health insurance costs of self-employed individuals.
• 1.163-1
  § 1.163-1 Interest deduction in general.
• 1.163-2
  § 1.163-2 Installment purchases where interest charge is not separately stated.
• 1.163-3
  § 1.163-3 Deduction for discount on bond issued on or before May 27, 1969.
• 1.163-4
  § 1.163-4 Deduction for original issue discount on certain obligations issued after May 27, 1969.
• 1.163-5
  § 1.163-5 Denial of interest deduction on certain obligations issued after December 31, 1982, unless issued in registered form.
• 1.163-5T
  § 1.163-5T Denial of interest deduction on certain obligations issued after December 31, 1982, unless issued in registered form (temporary).
• 1.163-6T
  § 1.163-6T Reduction of deduction where section 25 credit taken (temporary).
• 1.163-7
  § 1.163-7 Deduction for OID on certain debt instruments.
• 1.163-8T
  § 1.163-8T Allocation of interest expense among expenditures (temporary).
• 1.163-9T
  § 1.163-9T Personal interest (temporary).
• 1.163-10T
  § 1.163-10T Qualified residence interest (temporary).
• 1.163-11
  § 1.163-11 Allocation of certain prepaid qualified mortgage insurance premiums.
• 1.163-12
  § 1.163-12 Deduction of original issue discount on instrument held by related foreign person.
• 1.163-13
  § 1.163-13 Treatment of bond issuance premium.
• 1.163-15
  § 1.163-15 Debt proceeds distributed from any taxpayer account or from cash.
• 1.163(d)-1
  § 1.163(d)-1 Time and manner for making elections under the Omnibus Budget Reconciliation Act of 1993 and the Jobs and Growth Tax Relief Reconciliation Act of 2003.
• 1.163(j)-0
  § 1.163(j)-0 Table of contents.
• 1.163(j)-1
  § 1.163(j)-1 Definitions.
• 1.163(j)-2
  § 1.163(j)-2 Deduction for business interest expense limited.
• 1.163(j)-3
  § 1.163(j)-3 Relationship of the section 163(j) limitation to other provisions affecting interest.
• 1.163(j)-4
  § 1.163(j)-4 General rules applicable to C corporations (including REITs, RICs, and members of consolidated groups) and tax-exempt corporations.
• 1.163(j)-5
  § 1.163(j)-5 General rules governing disallowed business interest expense carryforwards for C corporations.
• 1.163(j)-6
  § 1.163(j)-6 Application of the section 163(j) limitation to partnerships and subchapter S corporations.
• 1.163(j)-7
  § 1.163(j)-7 Application of the section 163(j) limitation to foreign corporations and United States shareholders.
• 1.163(j)-8
  § 1.163(j)-8 [Reserved]
• 1.163(j)-9
  § 1.163(j)-9 Elections for excepted trades or businesses; safe harbor for certain REITs.
• 1.163(j)-10
  § 1.163(j)-10 Allocation of interest expense, interest income, and other items of expense and gross income to an excepted trade or business.
• 1.163(j)-11
  § 1.163(j)-11 Transition rules.
• 1.164-1
  § 1.164-1 Deduction for taxes.
• 1.164-2
  § 1.164-2 Deduction denied in case of certain taxes.
• 1.164-3
  § 1.164-3 Definitions and special rules.
• 1.164-4
  § 1.164-4 Taxes for local benefits.
• 1.164-5
  § 1.164-5 Certain retail sales taxes and gasoline taxes.
• 1.164-6
  § 1.164-6 Apportionment of taxes on real property between seller and purchaser.
• 1.164-7
  § 1.164-7 Taxes of shareholder paid by corporation.
• 1.164-8
  § 1.164-8 Payments for municipal services in atomic energy communities.
• 1.165-1
  § 1.165-1 Losses.
• 1.165-2
  § 1.165-2 Obsolescence of nondepreciable property.
• 1.165-3
  § 1.165-3 Demolition of buildings.
• 1.165-4
  § 1.165-4 Decline in value of stock.
• 1.165-5
  § 1.165-5 Worthless securities.
• 1.165-6
  § 1.165-6 Farming losses.
• 1.165-7
  § 1.165-7 Casualty losses.
• 1.165-8
  § 1.165-8 Theft losses.
• 1.165-9
  § 1.165-9 Sale of residential property.
• 1.165-10
  § 1.165-10 Wagering losses.
• 1.165-11
  § 1.165-11 Election to take disaster loss deduction for preceding year.
• 1.165-12
  § 1.165-12 Denial of deduction for losses on registration-required obligations not in registered form.
• 1.166-1
  § 1.166-1 Bad debts.
• 1.166-2
  § 1.166-2 Evidence of worthlessness.
• 1.166-3
  § 1.166-3 Partial or total worthlessness.
• 1.166-4
  § 1.166-4 Reserve for bad debts.
• 1.166-5
  § 1.166-5 Nonbusiness debts.
• 1.166-6
  § 1.166-6 Sale of mortgaged or pledged property.
• 1.166-7
  § 1.166-7 Worthless bonds issued by an individual.
• 1.166-8
  § 1.166-8 Losses of guarantors, endorsers, and indemnitors incurred on agreements made before January 1, 1976.
• 1.166-9
  § 1.166-9 Losses of guarantors, endorsers, and indemnitors incurred, on agreements made after December 31, 1975, in taxable years beginning after such date.
• 1.166-10
  § 1.166-10 Reserve for guaranteed debt obligations.
• 1.167(a)-1
  § 1.167(a)-1 Depreciation in general.
• 1.167(a)-2
  § 1.167(a)-2 Tangible property.
• 1.167(a)-3
  § 1.167(a)-3 Intangibles.
• 1.167(a)-4
  § 1.167(a)-4 Leased property.
• 1.167(a)-5
  § 1.167(a)-5 Apportionment of basis.
• 1.167(a)-5T
  § 1.167(a)-5T Application of section 1060 to section 167 (temporary).
• 1.167(a)-6
  § 1.167(a)-6 Depreciation in special cases.
• 1.167(a)-7
  § 1.167(a)-7 Accounting for depreciable property.
• 1.167(a)-8
  § 1.167(a)-8 Retirements.
• 1.167(a)-9
  § 1.167(a)-9 Obsolescence.
• 1.167(a)-10
  § 1.167(a)-10 When depreciation deduction is allowable.
• 1.167(a)-11
  § 1.167(a)-11 Depreciation based on class lives and asset depreciation ranges for property placed in service after December 31, 1970.
• 1.167(a)-12
  § 1.167(a)-12 Depreciation based on class lives for property first placed in service before January 1, 1971.
• 1.167(a)-13T
  § 1.167(a)-13T Certain elections for intangible property (temporary).
• 1.167(a)-14
  § 1.167(a)-14 Treatment of certain intangible property excluded from section 197.
• 1.167(b)-0
  § 1.167(b)-0 Methods of computing depreciation.
• 1.167(b)-1
  § 1.167(b)-1 Straight line method.
• 1.167(b)-2
  § 1.167(b)-2 Declining balance method.
• 1.167(b)-3
  § 1.167(b)-3 Sum of the years-digits method.
• 1.167(b)-4
  § 1.167(b)-4 Other methods.
• 1.167(c)-1
  § 1.167(c)-1 Limitations on methods of computing depreciation under section 167(b) (2), (3), and (4).
• 1.167(d)-1
  § 1.167(d)-1 Agreement as to useful life and rates of depreciation.
• 1.167(e)-1
  § 1.167(e)-1 Change in method.
• 1.167(f)-1
  § 1.167(f)-1 Reduction of salvage value taken into account for certain personal property.
• 1.167(g)-1
  § 1.167(g)-1 Basis for depreciation.
• 1.167(h)-1
  § 1.167(h)-1 Life tenants and beneficiaries of trusts and estates.
• 1.167(i)-1
  § 1.167(i)-1 Depreciation of improvements in the case of mines, etc.
• 1.167(l)-1
  § 1.167(l)-1 Limitations on reasonable allowance in case of property of certain public utilities.
• 1.167(l)-2
  § 1.167(l)-2 Public utility property; election as to post-1969 property representing growth in capacity.
• 1.167(l)-3
  § 1.167(l)-3 Multiple regulation, asset acquisitions, reorganizations, etc.
• 1.167(l)-4
  § 1.167(l)-4 Public utility property; election to use asset depreciation range system.
• 1.167(m)-1
  § 1.167(m)-1 Class lives.
• 1.168-5
  § 1.168-5 Special rules.
• 1.168(a)-1
  § 1.168(a)-1 Modified accelerated cost recovery system.
• 1.168(b)-1
  § 1.168(b)-1 Definitions.
• 1.168(d)-0
  § 1.168(d)-0 Table of contents for the applicable convention rules.
• 1.168(d)-1
  § 1.168(d)-1 Applicable conventions—half-year and mid-quarter conventions.
• 1.168(h)-1
  § 1.168(h)-1 Like-kind exchanges involving tax-exempt use property.
• 1.168(i)-0
  § 1.168(i)-0 Table of contents for the general asset account rules.
• 1.168(i)-1
  § 1.168(i)-1 General asset accounts.
• 1.168(i)-2
  § 1.168(i)-2 Lease term.
• 1.168(i)-3
  § 1.168(i)-3 Treatment of excess deferred income tax reserve upon disposition of deregulated public utility property.
• 1.168(i)-4
  § 1.168(i)-4 Changes in use.
• 1.168(i)-5
  § 1.168(i)-5 Table of contents.
• 1.168(i)-6
  § 1.168(i)-6 Like-kind exchanges and involuntary conversions.
• 1.168(i)-7
  § 1.168(i)-7 Accounting for MACRS property.
• 1.168(i)-8
  § 1.168(i)-8 Dispositions of MACRS property.
• 1.168(j)-1T
  § 1.168(j)-1T Questions and answers concerning tax-exempt entity leasing rules (temporary).
• 1.168(k)-0
  § 1.168(k)-0 Table of contents.
• 1.168(k)-1
  § 1.168(k)-1 Additional first year depreciation deduction.
• 1.168(k)-2
  § 1.168(k)-2 Additional first year depreciation deduction for property acquired and placed in service after September 27, 2017.
• 1.168A-1
  § 1.168A-1 Amortization of emergency facilities; general rule.
• 1.168A-2
  § 1.168A-2 Election of amortization.
• 1.168A-3
  § 1.168A-3 Election to discontinue amortization.
• 1.168A-4
  § 1.168A-4 Definitions.
• 1.168A-5
  § 1.168A-5 Adjusted basis of emergency facility.
• 1.168A-6
  § 1.168A-6 Depreciation of portion of emergency facility not subject to amortization.
• 1.168A-7
  § 1.168A-7 Payment by United States of unamortized cost of facility.
• 1.169-1
  § 1.169-1 Amortization of pollution control facilities.
• 1.169-2
  § 1.169-2 Definitions.
• 1.169-3
  § 1.169-3 Amortizable basis.
• 1.169-4
  § 1.169-4 Time and manner of making elections.