26 CFR §1.668(a)-2
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
The portion of the total amount includible in gross income under § 1.668 (a)-1 which is includible in the gross income of a particular beneficiary is based upon the ratio determined under the second sentence of section 662(a)(2) for the taxable year (and not for the preceding taxable year). This section may be illustrated by the following example: