Implements § 469Open in workspace
Reg. § 1.469-3 Passive activity credit.
26 CFR § 1.469-3eCFR, current through 2026-07-14
(a)-(d) [Reserved]
(e) Coordination with section 38(b) Any credit described in section
(1) through (5) is taken into account in computing the current year business credit for the first taxable year in which the credit is subject to section and is not disallowed by section and the regulations thereunder.
(f) Coordination with section 50 In the case of any cessation described in section (1) or (2), the credits allocable to the taxpayer's activities under shall be adjusted by reason of the cessation.
(g) [Reserved]
[T.D. 8417, 57 FR 20758, May 15, 1992]