Treasury Regulations · 26 CFR
§ 1.706-2T. Temporary regulations; question and answer under the Tax Reform Act of 1984.
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. § 706
Cite as 26 CFR § 1.706-2T
At a glance
Read from the text and its source citation. Not part of the regulation.
- Status
- In the current eCFR
- Issued
- November 30, 1984 by T.D. 7991
- Issued under
- 26 U.S.C. § 706
- Length
- 89 words · about 1 min to read
- Cross-references
- cites 4 Code sections and 0 regulations; cited by 1
Question 1: For purposes of section 706(d), how is an otherwise deductible amount that is deferred under section 267(a)(2) treated?
Answer 1: In the year the deduction is allowed, the deduction will constitute an allocable cash basis item under section 706(d)(2)(B)(iv).
(Secs. 267(f)(2)(B), 706(d)(2)(B)(iv), 1502, and 7805, Internal Revenue Code of 1954 (98 Stat. 704, 26 U.S.C. 267; 98 Stat. 589, 26 U.S.C. 706; 68A Stat. 367, 26 U.S.C. 1502; 68A Stat. 917, 26 U.S.C. 7805))
[T.D. 7991, 49 FR 47001, Nov. 30, 1984]
Cross-references
Computed from the citations in the text of 26 CFR.
Code sections it cites
- § 706 Taxable years of partner and partnership
- § 267 Losses, expenses, and interest with respect to transactions between related taxpayers
- § 1502 Regulations
- § 7805 Rules and regulations
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. 7991 (49 FR 47001)
Where it sits in 26 CFR
- Subchapter A Income tax
- Part 1 Income taxes
- Partners and partnerships
Nearby sections
- § 1.705-1 Determination of basis of partner's interest.
- § 1.705-2 Basis adjustments coordinating sections 705 and 1032.
- § 1.706-0 Table of contents.
- § 1.706-1 Taxable years of partner and partnership.
- § 1.706-2T Temporary regulations; question and answer under the Tax Reform Act of 1984.
- § 1.706-3 Items attributable to interest in lower-tier partnership.
- § 1.706-4 Determination of distributive share when a partner's interest varies.
- § 1.706-5 Taxable year determination.
- § 1.707-0 Table of contents.