taxable year for which deductions taken
§ 1.468B Designated settlement funds.
26 C.F.R. Part 1 — Income Taxes · 2026 edition · updated 2026-10-04 · United States
A designated settlement fund, as defined in section 468B(d)(2), is taxed in the manner described in § 1.468B-2. The rules for transferors to a qualified settlement fund described in § 1.468B-3 apply to transferors to a designated settlement fund. Similarly, the rules for claimants of a qualified settlement fund described in § 1.468B-4 apply to claimants of a designated settlement fund. A fund, account, or trust that does not qualify as a designated settlement fund is, however, a qualified settlement fund if it meets the requirements of a qualified settlement fund described in § 1.468B-1.
[T.D. 8459, 57 FR 60988, Dec. 23, 1992]
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