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Treasury Regulations · 26 CFR Part 1

Small Business Corporations and Their Shareholders (§§ 1.1361-0 to 1.1378-1)

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. § 1.1361-0 Table of contents.
  2. § 1.1361-1 S corporation defined.
  3. § 1.1361-2 Definitions relating to S corporation subsidiaries.
  4. § 1.1361-3 QSub election.
  5. § 1.1361-4 Effect of QSub election.
  6. § 1.1361-5 Termination of QSub election.
  7. § 1.1361-6 Effective date.
  8. § 1.1362-0 Table of contents.
  9. § 1.1362-1 Election to be an S corporation.
  10. § 1.1362-2 Termination of election.
  11. § 1.1362-3 Treatment of S termination year.
  12. § 1.1362-4 Inadvertent terminations and inadvertently invalid elections.
  13. § 1.1362-5 Election after termination.
  14. § 1.1362-6 Elections and consents.
  15. § 1.1362-7 Effective dates.
  16. § 1.1362-8 Dividends received from affiliated subsidiaries.
  17. § 1.1363-1 Effect of election on corporation.
  18. § 1.1363-2 Recapture of LIFO benefits.
  19. § 1.1366-0 Table of contents.
  20. § 1.1366-1 Shareholder's share of items of an S corporation.
  21. § 1.1366-2 Limitations on deduction of passthrough items of an S corporation to its shareholders.
  22. § 1.1366-3 Treatment of family groups.
  23. § 1.1366-4 Special rules limiting the passthrough of certain items of an S corporation to its shareholders.
  24. § 1.1366-5 Effective/applicability date.
  25. § 1.1367-0 Table of contents.
  26. § 1.1367-1 Adjustments to basis of shareholder's stock in an S corporation.
  27. § 1.1367-2 Adjustments to basis of indebtedness to shareholder.
  28. § 1.1367-3 Effective/Applicability date.
  29. § 1.1368-0 Table of contents.
  30. § 1.1368-1 Distributions by S corporations.
  31. § 1.1368-2 Accumulated adjustments account (AAA).
  32. § 1.1368-3 Examples.
  33. § 1.1368-4 Effective date and transition rule.
  34. § 1.1371-1 Distributions of money by an eligible terminated S corporation.
  35. § 1.1371-2 Impact of Audit PTTP on ETSC Period.
  36. § 1.1374-0 Table of contents.
  37. § 1.1374-1 General rules and definitions.
  38. § 1.1374-2 Net recognized built-in gain.
  39. § 1.1374-3 Net unrealized built-in gain.
  40. § 1.1374-4 Recognized built-in gain or loss.
  41. § 1.1374-5 Loss carryforwards.
  42. § 1.1374-6 Credits and credit carryforwards.
  43. § 1.1374-7 Inventory.
  44. § 1.1374-8 Section 1374(d)(8) transactions.
  45. § 1.1374-9 Anti-stuffing rule.
  46. § 1.1374-10 Effective date and additional rules.
  47. § 1.1375-1 Tax imposed when passive investment income of corporation having subchapter C earnings and profits exceed 25 percent of gross receipts.
  48. § 1.1377-0 Table of contents.
  49. § 1.1377-1 Pro rata share.
  50. § 1.1377-2 Post-termination transition period.
  51. § 1.1377-3 Applicability dates.
  52. § 1.1378-1 Taxable year of S corporation.