Treasury Regulations · 26 CFR
§ 1.180-2. Time and manner of making election and revocation.
Regulation text, no changes From the eCFR, current as of October 15, 2026. The eCFR is an authoritative but unofficial editorial compilation of the Code of Federal Regulations; the official text is the annual CFR on govinfo. Compare it with this section on ecfr.gov (external site) or the official annual CFR on govinfo (external site).
Regulation under 26 U.S.C. § 180
Cite as 26 CFR § 1.180-2
At a glance
Read from the text and its source citation. Not part of the regulation.
- Status
- In the current eCFR
- Issued
- February 22, 1961 by T.D. 6548
- Issued under
- 26 U.S.C. § 180
- Length
- 205 words · about 1 min to read
- Cross-references
- cites 1 Code section and 1 regulation; cited by 1
¶(a) Election. The claiming of a deduction on the taxpayer's return for an amount to which section 180 applies for amounts (otherwise chargeable to capital account) expended for fertilizer, lime, etc., shall constitute an election under section 180 and paragraph (a) of § 1.180-1. Such election shall be effective only for the taxable year for which the deduction is claimed.
¶(b) Revocation. Once the election is made for any taxable year such election may not be revoked without the consent of the district director for the district in which the taxpayer's return is required to be filed. Such requests for consent shall be in writing and signed by the taxpayer or his authorized representative and shall set forth:
¶(1) The name and address of the taxpayer;
¶(2) The taxable year to which the revocation of the election is to apply;
¶(3) The amount of expenditures paid or incurred during the taxable year, or portions thereof (where applicable), previously taken as a deduction on the return in respect of which the revocation of the election is to be applicable; and
¶(4) The reasons for the request to revoke the election.
(74 Stat. 1001, 26 U.S.C. 180)
[T.D. 6548, 26 FR 1486, Feb. 22, 1961]
Cross-references
Computed from the citations in the text of 26 CFR.
Code sections it cites
Regulations it cites
Cited by 1 other regulation
Amendment history
From the source citation at the end of the section, newest first. T.D. is a Treasury decision; FR is the Federal Register.
- Issued by T.D. 6548 (26 FR 1486)
Where it sits in 26 CFR
- Subchapter A Income tax
- Part 1 Income taxes
- Itemized Deductions for Individuals and Corporations (Continued)
Nearby sections
- § 1.179B-1T Deduction for capital costs incurred in complying with Environmental Protection Agency sulfur regulations (temporary).
- § 1.179C-1 Election to expense certain refineries.
- § 1.179D-3 Rules relating to the increased deduction for prevailing wage and apprenticeship.
- § 1.180-1 Expenditures by farmers for fertilizer, etc.
- § 1.180-2 Time and manner of making election and revocation.
- § 1.181-0 Table of contents.
- § 1.181-1 Deduction for qualified film and television production costs.
- § 1.181-2 Election to deduct production costs.
- § 1.181-3 Qualified film or television production.