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26 CFR §1.1312-2 — -2 Double allowance of a deduction or credit.

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
  1. (a)Paragraph (2) of section 1312 applies if the determination allows the taxpayer a deduction or credit which was erroneously allowed the same taxpayer for another taxable year or a related taxpayer for the same or another taxable year.
  2. (b)The application of paragraph (a) of this section may be illustrated by the following examples: