# ASC 740-30-60: Income Taxes — Other Considerations or Special Areas — 60 Relationships

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/740/30/#60-relationships)

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## ASC 740-30-60: 60 Relationships

[Read section](https://asc.understandingaccounting.org/asc/740/30/#60-relationships)

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#### Financial Services—Depository and Lending

##### [740-30-60-1](https://asc.understandingaccounting.org/asc/740/30/#740-30-60-1)

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For guidance on the tax consequences of bad debt reserves of savings and loans (and other qualified thrift lenders) that arose in tax years beginning before December 31, 1987, see Subtopic 942-740 on financial services—depository and lending—income taxes.