Treasury Regulations · 26 CFR
§ 1.381(c)(26)-1. Credit for employment of certain new employees.
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. § 381(c)(26)
Cite as 26 CFR § 1.381(c)(26)-1
At a glance
Read from the text and its source citation. Not part of the regulation.
- Status
- In the current eCFR
- Issued
- November 6, 1985 by T.D. 8062
- Issued under
- 26 U.S.C. § 381(c)(26)
- Length
- 141 words · about 1 min to read
- Cross-references
- cites 2 Code sections and 2 regulations; cited by 1
¶(a) Carryovers and carrybacks. For taxable years beginning before January 1, 1984, the computation of carryovers and carrybacks of unused targeted jobs credit (new jobs credit in the case of wages paid before 1979) under section 44B (as in effect prior to enactment of the Tax Reform Act of 1984) in a transaction to which section 381(a) applies shall be made under the principles of § 1.381(c)(23)-1 (relating to the computation of carryovers and carrybacks of unused investment credit), except that the provisions of paragraph (c)(4) and paragraph (e)(6), (7) and (8) of such section shall not apply.
¶(b) Other items. See § 1.51-1(h) for a rule that applies to certain transfers of a trade or business in which a member of a targeted group is employed.
[T.D. 8062, 50 FR 46003, Nov. 6, 1985]
Cross-references
Computed from the citations in the text of 26 CFR.
Code sections it cites
Regulations it cites
- § 1.381(c)(23)-1 Investment credit carryovers in certain corporate acquisitions.
- § 1.51-1 Amount of credit.
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. 8062 (50 FR 46003)
Where it sits in 26 CFR
- Subchapter A Income tax
- Part 1 Income taxes
- Carryovers
Nearby sections
- § 1.381(c)(22)-1 Successor life insurance company.
- § 1.381(c)(23)-1 Investment credit carryovers in certain corporate acquisitions.
- § 1.381(c)(24)-1 Work incentive program credit carryovers in certain corporate acquisitions.
- § 1.381(c)(25)-1 Deficiency dividend of a qualified investment entity.
- § 1.381(c)(26)-1 Credit for employment of certain new employees.
- § 1.381(d)-1 Operations loss carryovers of life insurance companies.
- § 1.382-1 Table of contents.
- § 1.382-1T Table of contents (temporary).
- § 1.382-2 General rules for ownership change.