Treasury Regulations · 26 CFR
§ 1.455-3. Method of allocation.
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. § 455
Cite as 26 CFR § 1.455-3
At a glance
Read from the text and its source citation. Not part of the regulation.
- Status
- In the current eCFR
- Issued
- February 27, 1962 by T.D. 6591
- Issued under
- 26 U.S.C. § 455
- Length
- 103 words · about 1 min to read
- Cross-references
- cites 1 Code section and 0 regulations; cited by 0
¶(b) For purposes of determining the period or periods over which the liability of the taxpayer extends, and for purposes of allocating prepaid subscription income to such periods, the taxpayer may aggregate similar transactions during the taxable year in any reasonable manner, provided the method of aggregation and allocation is consistently followed.
[T.D. 6591, 27 FR 1798, Feb. 27, 1962]
Cross-references
Computed from the citations in the text of 26 CFR.
Code sections it cites
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. 6591 (27 FR 1798)
Where it sits in 26 CFR
- Subchapter A Income tax
- Part 1 Income taxes
- Taxable year for which items of gross income included
Nearby sections
- § 1.453A-3 Requirements for adoption of or change to installment method by dealers in personal property.
- § 1.454-1 Obligations issued at discount.
- § 1.455-1 Treatment of prepaid subscription income.
- § 1.455-2 Scope of election under section 455.
- § 1.455-3 Method of allocation.
- § 1.455-4 Cessation of taxpayer's liability.
- § 1.455-5 Definitions and other rules.
- § 1.455-6 Time and manner of making election.
- § 1.456-1 Treatment of prepaid dues income.