<!-- TTST:[6501]: TTC:[I]: TTSC:[F]: TTT:[r]: TTS:[301.6501(j)-1]: TTCP:[Investment credit carryback; taxable years ending after December 31, 1961]: TTCI:[Reg. 301.6501(j)-1]: TTB:[1d.php?v=sr&s=301.6501(i)-1]: TTA:[1d.php?v=sr&s=301.6501(m)-1]: TTD:[7750]: -->

TREASURY REGULATIONS


Index  » Subchapter F  » Reg. 301.6501(j)-1

Reg. 301.6501(j)-1
Investment credit carryback; taxable years ending after December 31, 1961

January 15, 2021


§ 301.6501(i)-1 « Browse » § 301.6501(m)-1

See related I.R.C. 6501

Treas. Reg. § 301.6501(j)-1.  Investment credit carryback; taxable years ending after December 31, 1961

With respect to taxable years ending after December 31, 1961, a deficiency attributable to the application to the taxpayer of an investment credit carryback may be assessed at any time before the expiration of the period within which a deficiency for the taxable year of the unused investment credit which results in such carryback may be assessed, or, with respect to any portion of an investment credit carryback from a taxable year attributable to a net operating loss or capital loss carryback from a subsequent taxable year, at any time before the expiration of the period within which a deficiency for such subsequent taxable year may be assessed. For purposes of this section a deficiency shall include a deficiency which may be assessed pursuant to the provisions of section 6213(b)(2), but only those arising with respect to applications for tentative carryback adjustments filed after November 2, 1966.


[T.D. 7301, 39 FR 975, Jan. 4, 1974]
 

The preliminary Code is a preliminary release of the Internal Revenue Code of 1986 (the "Code") by the Office of the Law Revision Counsel and is subject to further revision before it is released again as a final version. The source of the preliminary Code used in TouchTax is available here: https://uscode.house.gov/download/download.shtml. The Code is a consolidation and codification by subject matter of the general and permanent laws of the U.S. prepared by the Office of the Law Revision Counsel of the U.S. House of Representatives. The Treasury Regulations are a codification of the general and permanent rules published in the Federal Register by the departments and agencies of the federal government. The version of the Treasury Regulations available within TouchTax is part of the Electronic Code of Federal Regulations which is not an official legal edition of the Code of Federal Regulations but is an editorial compilation of CFR material and Federal Register amendments produced by the National Archives and Records Administration's Office of the Federal Register (OFR) and the Government Publishing Office. The source of the CFR used in TouchTax is available here: https://www.govinfo.gov/bulkdata/ECFR/title-26 Those using TouchTax for legal research should verify their results against the printed versions of the Code and Treasury Regulations. TouchTax is copyright 2022 by Com-Lab (Mobile). Learn more at http://touchtax.edrich.de.