Reg. § 1.62-1 Adjusted gross income.
(a)-(b) [Reserved]
(c) Deductions allowable in computing adjusted gross income The deductions specified in section for purposes of computing adjusted gross income are—
(1) Deductions set forth in ; and
(2) Deductions allowable under part VI, subchapter B, chapter 1 of the Internal Revenue Code, (section and following) that consist of expenses paid or incurred by the taxpayer in connection with the performance of services as an employee under a reimbursement or other expense allowance arrangement (as defined in ) with his or her employer. For the rules pertaining to expenses paid or incurred in taxable years beginning before January 1, 1989, see and (as contained in 26 CFR part 1 (§§ to 1.169) revised April 1, 1992).
(d)-(h) [Reserved]
(i) Effective date of this section is effective for taxable years beginning on or after January 1, 1989.
[T.D. 8451, 57 FR 57668, Dec. 7, 1992; 57 FR 60568, Dec. 21, 1992]