Treasury Regulations · 26 CFR
§ 1.662(b)-1. Character of amounts; when no charitable contributions are made.
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. § 662(b)
Cite as 26 CFR § 1.662(b)-1
At a glance
Read from the text and its source citation. Not part of the regulation.
- Status
- In the current eCFR
- Source
- T.D. 6500, 25 FR 11402, Nov. 26, 1960; 25 FR 14021, Dec. 21, 1960; T.D. 9989, 89 FR 17606, Mar. 11, 2024, unless otherwise noted.
- Issued under
- 26 U.S.C. § 662(b)
- Length
- 129 words · about 1 min to read
- Cross-references
- cites 1 Code section and 2 regulations; cited by 4
In determining the amount includible in the gross income of a beneficiary, the amounts which are determined under section 662(a) and §§ 1.662(a)-1 through 1.662(a)-4 shall have the same character in the hands of the beneficiary as in the hands of the estate or trust. The amounts are treated as consisting of the same proportion of each class of items entering into the computation of distributable net income as the total of each class bears to the total distributable net income of the estate or trust unless the terms of the governing instrument specifically allocate different classes of income to different beneficiaries, or unless local law requires such an allocation. For this purpose, the principles contained in § 1.652(b)-1 shall apply.
Cross-references
Computed from the citations in the text of 26 CFR.
Code sections it cites
Regulations it cites
- § 1.662(a)-1 Inclusion of amounts in gross income of beneficiaries of estates and complex trusts; general.
- § 1.652(b)-1 Character of amounts.
Cited by 4 other regulations
Where it sits in 26 CFR
- Subchapter A Income tax
- Part 1 Income taxes
- Estates and trusts which may accumulate income or which distribute corpus
Nearby sections
- § 1.662(a)-1 Inclusion of amounts in gross income of beneficiaries of estates and complex trusts; general.
- § 1.662(a)-2 Currently distributable income.
- § 1.662(a)-3 Other amounts distributed.
- § 1.662(a)-4 Amounts used in discharge of a legal obligation.
- § 1.662(b)-1 Character of amounts; when no charitable contributions are made.
- § 1.662(b)-2 Character of amounts; when charitable contributions are made.
- § 1.662(c)-1 Different taxable years.
- § 1.662(c)-2 Death of individual beneficiary.
- § 1.662(c)-3 Termination of existence of other beneficiaries.