26 CFR · Internal Revenue
§ 1.642(e)-1 — Depreciation and depletion.
eCFR · current through Aug 10, 2026
§ 1.642(e)-1 Depreciation and depletion.
An estate or trust is allowed the deductions for depreciation and depletion, but only to the extent the deductions are not apportioned to beneficiaries under sections 167(h) and 611(b). For purposes of sections 167(h) and 611(b), the term beneficiaries includes charitable beneficiaries. See the regulations under those sections.
[T.D. 6712, 29 FR 3655, Mar. 24, 1964]
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Related
§ 1.642
26 C.F.R. § 1.642
Nearby Sections
11
§ 1.642(c)-4
Nonexempt private foundations.§ 1.642(c)-5
Definition of pooled income fund.§ 1.642(d)-1
Net operating loss deduction.§ 1.642(e)-1
Depreciation and depletion.§ 1.642(f)-1
Amortization deductions.§ 1.642(g)-1
Disallowance of double deductions; in general.§ 1.642(g)-2
Deductions included.