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Treasury Regulations · 26 CFR

§ 7.465-4. Insufficient records.

In effect eCFR current as of October 15, 2026

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. § 465

Cite as 26 CFR § 7.465-4

At a glance

Read from the text and its source citation. Not part of the regulation.

Status
In the current eCFR
Issued
August 22, 1977 by T.D. 7504
Issued under
26 U.S.C. § 465
Length
78 words · about 1 min to read
Cross-references
cites 1 Code section and 1 regulation; cited by 0

If sufficient records do not exist to accurately determine under § 7.465-2 the amount which a taxpayer is at risk on the effective date, the amount at risk shall be the taxpayer's basis in the activity reduced (but not below zero) by the taxpayer's share of amounts described in section 465(b) (3) or (4) with respect to the activity on the day before the effective date.

[T.D. 7504, 42 FR 42198, Aug. 22, 1977]

Other regulations under § 465

Cross-references

Computed from the citations in the text of 26 CFR.

Code sections it cites

Regulations 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.

  1. Issued by T.D. 7504 (42 FR 42198)

Where it sits in 26 CFR

  1. Subchapter A Income tax
  2. Part 7 Temporary income tax regulations under the tax reform act of 1976

Nearby sections