26 CFR · Internal Revenue
§ 1.642(a)(3)-1 — Dividends received by an estate or trust.
eCFR · current through Aug 10, 2026
§ 1.642(a)(3)-1 Dividends received by an estate or trust.
An estate or trust is allowed a credit against the tax for dividends received on or before December 31, 1964 (see section 34), only for so much of the dividends as are not properly allocable to any beneficiary under section 652 or 662. Section 642(a)(3), and this section do not apply to amounts received as dividends after December 31, 1964. For treatment of the credit in the hands of the beneficiary see § 1.652(b)-1.
[T.D. 6777, 29 FR 17808, Dec. 16, 1964]
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11
§ 1.641(b)-3
Termination of estates and trusts.§ 1.641(c)-0
Table of contents.§ 1.641(c)-1
Electing small business trust.§ 1.642(a)(1)-1
Partially tax-exempt interest.§ 1.642(a)(2)-1
Foreign taxes.§ 1.642(a)(3)-1
Dividends received by an estate or trust.§ 1.642(a)(3)-2
Time of receipt of dividends by beneficiary.§ 1.642(a)(3)-3
Cross reference.§ 1.642(b)-1
Deduction for personal exemption.§ 1.642(c)-0
Effective dates.