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Treasury Regulations · 26 CFR Part 1

Itemized Deductions for Individuals and Corporations (§§ 1.161-1 to 1.169-4)

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 Title 26 on ecfr.gov (external site) or the official annual CFR on govinfo (external site).

  1. § 1.161-1 Allowance of deductions.
  2. § 1.162-1 Business expenses.
  3. § 1.162-2 Traveling expenses.
  4. § 1.162-3 Materials and supplies.
  5. § 1.162-4 Repairs.
  6. § 1.162-5 Expenses for education.
  7. § 1.162-7 Compensation for personal services.
  8. § 1.162-8 Treatment of excessive compensation.
  9. § 1.162-9 Bonuses to employees.
  10. § 1.162-10 Certain employee benefits.
  11. § 1.162-10T Questions and answers relating to the deduction of employee benefits under the Tax Reform Act of 1984; certain limits on amounts deductible (temporary).
  12. § 1.162-11 Rentals.
  13. § 1.162-12 Expenses of farmers.
  14. § 1.162-13 Depositors' guaranty fund.
  15. § 1.162-14 Expenditures for advertising or promotion of good will.
  16. § 1.162-15 Contributions, dues, etc.
  17. § 1.162-16 Cross reference.
  18. § 1.162-17 Reporting and substantiation of certain business expenses of employees.
  19. § 1.162-18 Illegal bribes and kickbacks.
  20. § 1.162-19 Capital contributions to Federal National Mortgage Association.
  21. § 1.162-20 Expenditures attributable to lobbying, political campaigns, attempts to influence legislation, etc., and certain advertising.
  22. § 1.162-21 Denial of deduction for certain fines, penalties, and other amounts.
  23. § 1.162-22 Treble damage payments under the antitrust laws.
  24. § 1.162-24 Travel expenses of state legislators.
  25. § 1.162-25 Deductions with respect to noncash fringe benefits.
  26. § 1.162-25T Deductions with respect to noncash fringe benefits (temporary).
  27. § 1.162-27 Certain employee remuneration in excess of $1,000,000 not deductible for taxable years beginning on or after January 1, 1994, and for taxable years beginning prior to January 1, 2018.
  28. § 1.162-28 Allocation of costs to lobbying activities.
  29. § 1.162-29 Influencing legislation.
  30. § 1.162-31 The $500,000 deduction limitation for remuneration provided by certain health insurance providers.
  31. § 1.162-32 Expenses paid or incurred for lodging when not traveling away from home.
  32. § 1.162-33 Certain employee remuneration in excess of $1,000,000 not deductible for taxable years beginning after December 31, 2017.
  33. § 1.162(k)-1 Disallowance of deduction for reacquisition payments.
  34. § 1.162(l)-0 Table of Contents.
  35. § 1.162(l)-1 Deduction for health insurance costs of self-employed individuals.
  36. § 1.163-1 Interest deduction in general.
  37. § 1.163-2 Installment purchases where interest charge is not separately stated.
  38. § 1.163-3 Deduction for discount on bond issued on or before May 27, 1969.
  39. § 1.163-4 Deduction for original issue discount on certain obligations issued after May 27, 1969.
  40. § 1.163-5 Denial of interest deduction on certain obligations issued after December 31, 1982, unless issued in registered form.
  41. § 1.163-5T Denial of interest deduction on certain obligations issued after December 31, 1982, unless issued in registered form (temporary).
  42. § 1.163-6T Reduction of deduction where section 25 credit taken (temporary).
  43. § 1.163-7 Deduction for OID on certain debt instruments.
  44. § 1.163-8T Allocation of interest expense among expenditures (temporary).
  45. § 1.163-9T Personal interest (temporary).
  46. § 1.163-10T Qualified residence interest (temporary).
  47. § 1.163-11 Allocation of certain prepaid qualified mortgage insurance premiums.
  48. § 1.163-12 Deduction of original issue discount on instrument held by related foreign person.
  49. § 1.163-13 Treatment of bond issuance premium.
  50. § 1.163-15 Debt proceeds distributed from any taxpayer account or from cash.
  51. § 1.163-16 xxx
  52. § 1.163(d)-1 Time and manner for making elections under the Omnibus Budget Reconciliation Act of 1993 and the Jobs and Growth Tax Relief Reconciliation Act of 2003.
  53. § 1.163(j)-0 Table of contents.
  54. § 1.163(j)-1 Definitions.
  55. § 1.163(j)-2 Deduction for business interest expense limited.
  56. § 1.163(j)-3 Relationship of the section 163(j) limitation to other provisions affecting interest.
  57. § 1.163(j)-4 General rules applicable to C corporations (including REITs, RICs, and members of consolidated groups) and tax-exempt corporations.
  58. § 1.163(j)-5 General rules governing disallowed business interest expense carryforwards for C corporations.
  59. § 1.163(j)-6 Application of the section 163(j) limitation to partnerships and subchapter S corporations.
  60. § 1.163(j)-7 Application of the section 163(j) limitation to foreign corporations and United States shareholders.
  61. § 1.163(j)-8 [Reserved]
  62. § 1.163(j)-9 Elections for excepted trades or businesses; safe harbor for certain REITs.
  63. § 1.163(j)-10 Allocation of interest expense, interest income, and other items of expense and gross income to an excepted trade or business.
  64. § 1.163(j)-11 Transition rules.
  65. § 1.164-1 Deduction for taxes.
  66. § 1.164-2 Deduction denied in case of certain taxes.
  67. § 1.164-3 Definitions and special rules.
  68. § 1.164-4 Taxes for local benefits.
  69. § 1.164-5 Certain retail sales taxes and gasoline taxes.
  70. § 1.164-6 Apportionment of taxes on real property between seller and purchaser.
  71. § 1.164-7 Taxes of shareholder paid by corporation.
  72. § 1.164-8 Payments for municipal services in atomic energy communities.
  73. § 1.165-1 Losses.
  74. § 1.165-2 Obsolescence of nondepreciable property.
  75. § 1.165-3 Demolition of buildings.
  76. § 1.165-4 Decline in value of stock.
  77. § 1.165-5 Worthless securities.
  78. § 1.165-6 Farming losses.
  79. § 1.165-7 Casualty losses.
  80. § 1.165-8 Theft losses.
  81. § 1.165-9 Sale of residential property.
  82. § 1.165-10 Wagering losses.
  83. § 1.165-11 Election to take disaster loss deduction for preceding year.
  84. § 1.165-12 Denial of deduction for losses on registration-required obligations not in registered form.
  85. § 1.166-1 Bad debts.
  86. § 1.166-2 Evidence of worthlessness.
  87. § 1.166-3 Partial or total worthlessness.
  88. § 1.166-4 Reserve for bad debts.
  89. § 1.166-5 Nonbusiness debts.
  90. § 1.166-6 Sale of mortgaged or pledged property.
  91. § 1.166-7 Worthless bonds issued by an individual.
  92. § 1.166-8 Losses of guarantors, endorsers, and indemnitors incurred on agreements made before January 1, 1976.
  93. § 1.166-9 Losses of guarantors, endorsers, and indemnitors incurred, on agreements made after December 31, 1975, in taxable years beginning after such date.
  94. § 1.166-10 Reserve for guaranteed debt obligations.
  95. § 1.167(a)-1 Depreciation in general.
  96. § 1.167(a)-2 Tangible property.
  97. § 1.167(a)-3 Intangibles.
  98. § 1.167(a)-4 Leased property.
  99. § 1.167(a)-5 Apportionment of basis.
  100. § 1.167(a)-5T Application of section 1060 to section 167 (temporary).
  101. § 1.167(a)-6 Depreciation in special cases.
  102. § 1.167(a)-7 Accounting for depreciable property.
  103. § 1.167(a)-8 Retirements.
  104. § 1.167(a)-9 Obsolescence.
  105. § 1.167(a)-10 When depreciation deduction is allowable.
  106. § 1.167(a)-11 Depreciation based on class lives and asset depreciation ranges for property placed in service after December 31, 1970.
  107. § 1.167(a)-12 Depreciation based on class lives for property first placed in service before January 1, 1971.
  108. § 1.167(a)-13T Certain elections for intangible property (temporary).
  109. § 1.167(a)-14 Treatment of certain intangible property excluded from section 197.
  110. § 1.167(b)-0 Methods of computing depreciation.
  111. § 1.167(b)-1 Straight line method.
  112. § 1.167(b)-2 Declining balance method.
  113. § 1.167(b)-3 Sum of the years-digits method.
  114. § 1.167(b)-4 Other methods.
  115. § 1.167(c)-1 Limitations on methods of computing depreciation under section 167(b) (2), (3), and (4).
  116. § 1.167(d)-1 Agreement as to useful life and rates of depreciation.
  117. § 1.167(e)-1 Change in method.
  118. § 1.167(f)-1 Reduction of salvage value taken into account for certain personal property.
  119. § 1.167(g)-1 Basis for depreciation.
  120. § 1.167(h)-1 Life tenants and beneficiaries of trusts and estates.
  121. § 1.167(i)-1 Depreciation of improvements in the case of mines, etc.
  122. § 1.167(l)-1 Limitations on reasonable allowance in case of property of certain public utilities.
  123. § 1.167(l)-2 Public utility property; election as to post-1969 property representing growth in capacity.
  124. § 1.167(l)-3 Multiple regulation, asset acquisitions, reorganizations, etc.
  125. § 1.167(l)-4 Public utility property; election to use asset depreciation range system.
  126. § 1.167(m)-1 Class lives.
  127. § 1.168-5 Special rules.
  128. § 1.168(a)-1 Modified accelerated cost recovery system.
  129. § 1.168(b)-1 Definitions.
  130. § 1.168(d)-0 Table of contents for the applicable convention rules.
  131. § 1.168(d)-1 Applicable conventions—half-year and mid-quarter conventions.
  132. § 1.168(h)-1 Like-kind exchanges involving tax-exempt use property.
  133. § 1.168(i)-0 Table of contents for the general asset account rules.
  134. § 1.168(i)-1 General asset accounts.
  135. § 1.168(i)-2 Lease term.
  136. § 1.168(i)-3 Treatment of excess deferred income tax reserve upon disposition of deregulated public utility property.
  137. § 1.168(i)-4 Changes in use.
  138. § 1.168(i)-5 Table of contents.
  139. § 1.168(i)-6 Like-kind exchanges and involuntary conversions.
  140. § 1.168(i)-7 Accounting for MACRS property.
  141. § 1.168(i)-8 Dispositions of MACRS property.
  142. § 1.168(j)-1T Questions and answers concerning tax-exempt entity leasing rules (temporary).
  143. § 1.168(k)-0 Table of contents.
  144. § 1.168(k)-1 Additional first year depreciation deduction.
  145. § 1.168(k)-2 Additional first year depreciation deduction for property acquired and placed in service after September 27, 2017.
  146. § 1.168A-1 Amortization of emergency facilities; general rule.
  147. § 1.168A-2 Election of amortization.
  148. § 1.168A-3 Election to discontinue amortization.
  149. § 1.168A-4 Definitions.
  150. § 1.168A-5 Adjusted basis of emergency facility.
  151. § 1.168A-6 Depreciation of portion of emergency facility not subject to amortization.
  152. § 1.168A-7 Payment by United States of unamortized cost of facility.
  153. § 1.169-1 Amortization of pollution control facilities.
  154. § 1.169-2 Definitions.
  155. § 1.169-3 Amortizable basis.
  156. § 1.169-4 Time and manner of making elections.