26 CFR 25.2522 - Disallowance of double deduction in the case of qualified terminable interest property.

Regulations last checked for updates: Apr 26, 2025

Title 26 - Internal Revenue last revised: Feb 28, 2025

View all text of Part 25 [§ 25.0-1 - § 25.7701-2]

§ 25.2522(c)-4 - Disallowance of double deduction in the case of qualified terminable interest property.

No deduction is allowed under section 2522 for the transfer of an interest in property if a deduction is taken from the total amount of gifts with respect to that property by reason of section 2523(f). See § 25.2523(h)-1.

[T.D. 8522, 59 FR 9658, Mar. 1, 1994]

authority: 26 U.S.C. 7805.

source: T.D. 6334, 23 FR 8904, Nov. 15, 1958; 25 FR 14021, Dec. 31, 1960, unless otherwise noted.

cite as: 26 CFR 25.2522