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26 U.S.C. 2524: Extent of deductionsText contains those laws in effect through Public Law 119-120 (October 7, 2026).
From Title 26-INTERNAL REVENUE CODECHAPTER 12-GIFT TAX
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§2524. Extent of deductions

The deductions provided in sections 2522 and 2523 shall be allowed only to the extent that the gifts therein specified are included in the amount of gifts against which such deductions are applied.

( Aug. 16, 1954, ch. 736 , 68A Stat. 414 .)