# Treas. Reg. § 1.34-1: Special rule for owners of certain business entities.

Source: eCFR as of 2026-10-19 <https://www.ecfr.gov/current/title-26/section-1.34-1>. Interprets 26 U.S.C. § 34.

Amounts payable under sections 6420, 6421, and 6427 to a business entity that is treated as separate from its owner under § 1.1361-4(a)(8) (relating to certain qualified subchapter S subsidiaries) or § 301.7701-2(c)(2)(v) of this chapter (relating to certain wholly-owned entities) are, for purposes of section 34, treated as payable to the owner of that entity. 

[T.D. 9356, 72 FR 45893, Aug. 16, 2007]