Which of the following refers to an income tax regulation?

Question

Quizplus · Accepted Answer

Regulations relating to income tax are generally found in Title 26 of the Code of Federal Regulations. The regulation cited in choice A, Reg. §1.162-5, relates to the deduction of ordinary and necessary business expenses under section 162 of the Internal Revenue Code. Choices B, C, and D relate to estate and gift tax regulations under sections 2032, 2503, and 3301 of the Internal Revenue Code, respectively.

Which of the Following Refers to an Income Tax Regulation