26 U.S.C. Chapter 1 — NORMAL TAXES AND SURTAXES

• § 1— Tax imposed
• § 2— Definitions and special rules
• § 3— Tax tables for individuals
• § 5— Cross references relating to tax on individuals
• § 11— Tax imposed
• § 12— Cross references relating to tax on corporations
• § 15— Effect of changes
• § 21— Expenses for household and dependent care services necessary for gainful employment
• § 22— Credit for the elderly and the permanently and totally disabled
• § 23— Adoption expenses
• § 24— Child tax credit
• § 25— Interest on certain home mortgages
• § 25A— American Opportunity and Lifetime Learning credits
• § 25B— Elective deferrals and IRA contributions by certain individuals
• § 25C— Energy efficient home improvement credit
• § 25D— Residential clean energy credit
• § 25E— Previously-owned clean vehicles
• § 25F— Qualified elementary and secondary education scholarships
• § 26— Limitation based on tax liability; definition of tax liability
• § 27— Taxes of foreign countries and possessions of the United States
• § 30B— Alternative motor vehicle credit
• § 30C— Alternative fuel vehicle refueling property credit
• § 30D— Clean vehicle credit
• § 31— Tax withheld on wages
• § 32— Earned income
• § 33— Tax withheld at source on nonresident aliens and foreign corporations
• § 34— Certain uses of gasoline and special fuels
• § 35— Health insurance costs of eligible individuals
• § 36— First-time homebuyer credit
• § 36B— Refundable credit for coverage under a qualified health plan
• § 37— Overpayments of tax
• § 38— General business credit
• § 39— Carryback and carryforward of unused credits
• § 40— Alcohol, etc., used as fuel
• § 40A— Biodiesel and renewable diesel used as fuel
• § 40B— Sustainable aviation fuel credit
• § 41— Credit for increasing research activities
• § 42— Low-income housing credit
• § 43— Enhanced oil recovery credit
• § 44— Expenditures to provide access to disabled individuals
• § 45— Electricity produced from certain renewable resources, etc.
• § 45A— Indian employment credit
• § 45B— Credit for portion of employer social security taxes paid with respect to employee cash tips
• § 45C— Clinical testing expenses for certain drugs for rare diseases or conditions
• § 45D— New markets tax credit
• § 45E— Small employer pension plan startup costs
• § 45F— Employer-provided child care credit
• § 45G— Railroad track maintenance credit
• § 45H— Credit for production of low sulfur diesel fuel
• § 45I— Credit for producing oil and gas from marginal wells
• § 45J— Credit for production from advanced nuclear power facilities
• § 45K— Credit for producing fuel from a nonconventional source
• § 45L— New energy efficient home credit
• § 45N— Mine rescue team training credit
• § 45O— Agricultural chemicals security credit
• § 45P— Employer wage credit for employees who are active duty members of the uniformed services
• § 45Q— Credit for carbon oxide sequestration
• § 45R— Employee health insurance expenses of small employers
• § 45S— Employer credit for paid family and medical leave
• § 45T— Auto-enrollment option for retirement savings options provided by small employers
• § 45U— Zero-emission nuclear power production credit
• § 45V— Credit for production of clean hydrogen
• § 45W— Credit for qualified commercial clean vehicles
• § 45X— Advanced manufacturing production credit
• § 45Y— Clean electricity production credit
• § 45Z— Clean fuel production credit
• § 45AA— Military spouse retirement plan eligibility credit for small employers
• § 46— Amount of credit
• § 47— Rehabilitation credit
• § 48— Energy credit
• § 48A— Qualifying advanced coal project credit
• § 48B— Qualifying gasification project credit
• § 48C— Qualifying advanced energy project credit
• § 48D— Advanced manufacturing investment credit
• § 48E— Clean electricity investment credit
• § 49— At-risk rules
• § 50— Other special rules
• § 51— Amount of credit
• § 52— Special rules
• § 53— Credit for prior year minimum tax liability
• § 55— Alternative minimum tax imposed
• § 56— Adjustments in computing alternative minimum taxable income
• § 56A— Adjusted financial statement income
• § 57— Items of tax preference
• § 58— Denial of certain losses
• § 59— Other definitions and special rules
• § 59A— Tax on base erosion payments of taxpayers with substantial gross receipts
• § 61— Gross income defined
• § 62— Adjusted gross income defined
• § 63— Taxable income defined
• § 64— Ordinary income defined
• § 65— Ordinary loss defined
• § 66— Treatment of community income
• § 67— 2-percent floor on miscellaneous itemized deductions
• § 68— Overall limitation on itemized deductions
• § 72— Annuities; certain proceeds of endowment and life insurance contracts
• § 73— Services of child
• § 74— Prizes and awards
• § 75— Dealers in tax-exempt securities
• § 77— Commodity credit loans
• § 78— Gross up for deemed paid foreign tax credit
• § 79— Group-term life insurance purchased for employees
• § 80— Restoration of value of certain securities
• § 82— Reimbursement of moving expenses
• § 83— Property transferred in connection with performance of services
• § 84— Transfer of appreciated property to political organizations
• § 85— Unemployment compensation
• § 86— Social security and tier 1 railroad retirement benefits
• § 87— Alcohol and biodiesel fuels credits
• § 88— Certain amounts with respect to nuclear decommissioning costs
• § 90— Illegal Federal irrigation subsidies
• § 91— Certain foreign branch losses transferred to specified 10-percent owned foreign corporations
• § 101— Certain death benefits
• § 102— Gifts and inheritances
• § 103— Interest on State and local bonds
• § 104— Compensation for injuries or sickness
• § 105— Amounts received under accident and health plans
• § 106— Contributions by employer to accident and health plans
• § 107— Rental value of parsonages
• § 108— Income from discharge of indebtedness
• § 109— Improvements by lessee on lessor’s property
• § 110— Qualified lessee construction allowances for short-term leases
• § 111— Recovery of tax benefit items
• § 112— Certain combat zone compensation of members of the Armed Forces
• § 115— Income of States, municipalities, etc.
• § 117— Qualified scholarships
• § 118— Contributions to the capital of a corporation
• § 119— Meals or lodging furnished for the convenience of the employer
• § 121— Exclusion of gain from sale of principal residence
• § 122— Certain reduced uniformed services retirement pay
• § 123— Amounts received under insurance contracts for certain living expenses
• § 125— Cafeteria plans
• § 126— Certain cost-sharing payments
• § 127— Educational assistance programs
• § 128— Employer contributions to Trump accounts
• § 129— Dependent care assistance programs
• § 130— Certain personal injury liability assignments
• § 131— Certain foster care payments
• § 132— Certain fringe benefits
• § 134— Certain military benefits
• § 135— Income from United States savings bonds used to pay higher education tuition and fees
• § 136— Energy conservation subsidies provided by public utilities
• § 137— Adoption assistance programs
• § 138— Medicare Advantage MSA
• § 139— Disaster relief payments
• § 139A— Federal subsidies for prescription drug plans
• § 139B— Benefits provided to volunteer firefighters and emergency medical responders
• § 139C— Certain disability-related first responder retirement payments
• § 139D— Indian health care benefits
• § 139E— Indian general welfare benefits
• § 139F— Certain amounts received by wrongfully incarcerated individuals
• § 139G— Assignments to Alaska Native Settlement Trusts
• § 139H— Interest received in action to recover property seized by the Internal Revenue Service based on structuring transaction
• § 139I— Continuation coverage premium assistance
• § 139J— Certain contributions to Trump accounts
• § 139K— Scholarships for qualified elementary or secondary education expenses of eligible students
• § 139L— Interest on loans secured by rural or agricultural real property
• § 140— Cross references to other Acts
• § 141— Private activity bond; qualified bond
• § 142— Exempt facility bond
• § 143— Mortgage revenue bonds: qualified mortgage bond and qualified veterans’ mortgage bond
• § 144— Qualified small issue bond; qualified student loan bond; qualified redevelopment bond
• § 145— Qualified 501(c)(3) bond
• § 146— Volume cap
• § 147— Other requirements applicable to certain private activity bonds
• § 148— Arbitrage
• § 149— Bonds must be registered to be tax exempt; other requirements
• § 150— Definitions and special rules
• § 151— Allowance of deductions for personal exemptions
• § 152— Dependent defined
• § 153— Cross references
• § 161— Allowance of deductions
• § 162— Trade or business expenses
• § 163— Interest
• § 164— Taxes
• § 165— Losses
• § 166— Bad debts
• § 167— Depreciation
• § 168— Accelerated cost recovery system
• § 169— Amortization of pollution control facilities
• § 170— Charitable, etc., contributions and gifts
• § 171— Amortizable bond premium
• § 172— Net operating loss deduction
• § 173— Circulation expenditures
• § 174— Amortization of research and experimental expenditures
• § 174A— Domestic research or experimental expenditures
• § 175— Soil and water conservation expenditures; endangered species recovery expenditures
• § 176— Payments with respect to employees of certain foreign corporations
• § 178— Amortization of cost of acquiring a lease
• § 179— Election to expense certain depreciable business assets
• § 179B— Deduction for capital costs incurred in complying with Environmental Protection Agency sulfur regulations
• § 179C— Election to expense certain refineries
• § 179D— Energy efficient commercial buildings deduction
• § 179E— Election to expense advanced mine safety equipment
• § 180— Expenditures by farmers for fertilizer, etc.
• § 181— Treatment of certain qualified productions
• § 183— Activities not engaged in for profit
• § 186— Recoveries of damages for antitrust violations, etc.
• § 190— Expenditures to remove architectural and transportation barriers to the handicapped and elderly
• § 192— Contributions to black lung benefit trust
• § 193— Tertiary injectants
• § 194— Treatment of reforestation expenditures
• § 194A— Contributions to employer liability trusts
• § 195— Start-up expenditures
• § 196— Deduction for certain unused business credits
• § 197— Amortization of goodwill and certain other intangibles
• § 198— Expensing of environmental remediation costs
• § 199A— Qualified business income
• § 211— Allowance of deductions
• § 212— Expenses for production of income
• § 213— Medical, dental, etc., expenses
• § 216— Deduction of taxes, interest, and business depreciation by cooperative housing corporation tenant-stockholder
• § 217— Moving expenses
• § 219— Retirement savings
• § 220— Archer MSAs
• § 221— Interest on education loans
• § 223— Health savings accounts
• § 224— Qualified tips
• § 225— Qualified overtime compensation
• § 226— Cross reference
• § 241— Allowance of special deductions
• § 243— Dividends received by corporations
• § 245— Dividends received from certain foreign corporations
• § 245A— Deduction for foreign source-portion of dividends received by domestic corporations from specified 10-percent owned foreign corporations
• § 246— Rules applying to deductions for dividends received
• § 246A— Dividends received deduction reduced where portfolio stock is debt financed
• § 247— Contributions to Alaska Native Settlement Trusts
• § 248— Organizational expenditures
• § 249— Limitation on deduction of bond premium on repurchase
• § 250— Foreign-derived deduction eligible income and net CFC tested income
• § 261— General rule for disallowance of deductions
• § 262— Personal, living, and family expenses
• § 263— Capital expenditures
• § 263A— Capitalization and inclusion in inventory costs of certain expenses
• § 264— Certain amounts paid in connection with insurance contracts
• § 265— Expenses and interest relating to tax-exempt income
• § 266— Carrying charges
• § 267— Losses, expenses, and interest with respect to transactions between related taxpayers
• § 267A— Certain related party amounts paid or accrued in hybrid transactions or with hybrid entities
• § 268— Sale of land with unharvested crop
• § 269— Acquisitions made to evade or avoid income tax
• § 269A— Personal service corporations formed or availed of to avoid or evade income tax
• § 269B— Stapled entities
• § 271— Debts owed by political parties, etc.
• § 272— Disposal of coal or domestic iron ore
• § 273— Holders of life or terminable interest
• § 274— Disallowance of certain entertainment, etc., expenses
• § 275— Certain taxes
• § 276— Certain indirect contributions to political parties
• § 277— Deductions incurred by certain membership organizations in transactions with members
• § 279— Interest on indebtedness incurred by corporation to acquire stock or assets of another corporation
• § 280A— Disallowance of certain expenses in connection with business use of home, rental of vacation homes, etc.
• § 280B— Demolition of structures
• § 280C— Certain expenses for which credits are allowable
• § 280E— Expenditures in connection with the illegal sale of drugs
• § 280F— Limitation on depreciation for luxury automobiles; limitation where certain property used for personal purposes
• § 280G— Golden parachute payments
• § 280H— Limitation on certain amounts paid to employee-owners by personal service corporations electing alternative taxable years
• § 281— Terminal railroad corporations and their shareholders
• § 291— Special rules relating to corporate preference items
• § 301— Distributions of property
• § 302— Distributions in redemption of stock
• § 303— Distributions in redemption of stock to pay death taxes
• § 304— Redemption through use of related corporations
• § 305— Distributions of stock and stock rights
• § 306— Dispositions of certain stock
• § 307— Basis of stock and stock rights acquired in distributions
• § 311— Taxability of corporation on distribution
• § 312— Effect on earnings and profits
• § 316— Dividend defined
• § 317— Other definitions
• § 318— Constructive ownership of stock
• § 331— Gain or loss to shareholder in corporate liquidations
• § 332— Complete liquidations of subsidiaries
• § 334— Basis of property received in liquidations
• § 336— Gain or loss recognized on property distributed in complete liquidation
• § 337— Nonrecognition for property distributed to parent in complete liquidation of subsidiary
• § 338— Certain stock purchases treated as asset acquisitions
• § 346— Definition and special rule
• § 351— Transfer to corporation controlled by transferor
• § 354— Exchanges of stock and securities in certain reorganizations
• § 355— Distribution of stock and securities of a controlled corporation
• § 356— Receipt of additional consideration
• § 357— Assumption of liability
• § 358— Basis to distributees
• § 361— Nonrecognition of gain or loss to corporations; treatment of distributions
• § 362— Basis to corporations
• § 367— Foreign corporations
• § 368— Definitions relating to corporate reorganizations
• § 381— Carryovers in certain corporate acquisitions
• § 382— Limitation on net operating loss carryforwards and certain built-in losses following ownership change
• § 383— Special limitations on certain excess credits, etc.
• § 384— Limitation on use of preacquisition losses to offset built-in gains
• § 385— Treatment of certain interests in corporations as stock or indebtedness
• § 401— Qualified pension, profit-sharing, and stock bonus plans
• § 402— Taxability of beneficiary of employees’ trust
• § 402A— Optional treatment of elective deferrals as Roth contributions
• § 403— Taxation of employee annuities
• § 404— Deduction for contributions of an employer to an employees’ trust or annuity plan and compensation under a deferred-payment plan
• § 404A— Deduction for certain foreign deferred compensation plans
• § 406— Employees of foreign affiliates covered by section 3121(l) agreements
• § 407— Certain employees of domestic subsidiaries engaged in business outside the United States
• § 408— Individual retirement accounts
• § 408A— Roth IRAs
• § 409— Qualifications for tax credit employee stock ownership plans
• § 409A— Inclusion in gross income of deferred compensation under nonqualified deferred compensation plans
• § 410— Minimum participation standards
• § 411— Minimum vesting standards
• § 412— Minimum funding standards
• § 413— Collectively bargained plans, etc.
• § 414— Definitions and special rules
• § 414A— Requirements related to automatic enrollment
• § 415— Limitations on benefits and contribution under qualified plans
• § 416— Special rules for top-heavy plans
• § 417— Definitions and special rules for purposes of minimum survivor annuity requirements
• § 418E— Insolvent plans
• § 419— Treatment of funded welfare benefit plans
• § 419A— Qualified asset account; limitation on additions to account
• § 420— Transfers of excess pension assets to retiree health accounts
• § 421— General rules
• § 422— Incentive stock options
• § 423— Employee stock purchase plans
• § 424— Definitions and special rules
• § 430— Minimum funding standards for single-employer defined benefit pension plans
• § 431— Minimum funding standards for multiemployer plans
• § 432— Additional funding rules for multiemployer plans in endangered status or critical status
• § 433— Minimum funding standards for CSEC plans
• § 436— Funding-based limits on benefits and benefit accruals under single-employer plans
• § 441— Period for computation of taxable income
• § 442— Change of annual accounting period
• § 443— Returns for a period of less than 12 months
• § 444— Election of taxable year other than required taxable year
• § 446— General rule for methods of accounting
• § 447— Method of accounting for corporations engaged in farming
• § 448— Limitation on use of cash method of accounting
• § 451— General rule for taxable year of inclusion
• § 453— Installment method
• § 453A— Special rules for nondealers
• § 453B— Gain or loss on disposition of installment obligations
• § 454— Obligations issued at discount
• § 455— Prepaid subscription income
• § 456— Prepaid dues income of certain membership organizations
• § 457— Deferred compensation plans of State and local governments and tax-exempt organizations
• § 457A— Nonqualified deferred compensation from certain tax indifferent parties
• § 458— Magazines, paperbacks, and records returned after the close of the taxable year
• § 460— Special rules for long-term contracts
• § 461— General rule for taxable year of deduction
• § 464— Limitations on deductions for certain farming expenses
• § 465— Deductions limited to amount at risk
• § 467— Certain payments for the use of property or services
• § 468— Special rules for mining and solid waste reclamation and closing costs
• § 468A— Special rules for nuclear decommissioning costs
• § 468B— Special rules for designated settlement funds
• § 469— Passive activity losses and credits limited
• § 470— Limitation on deductions allocable to property used by governments or other tax-exempt entities
• § 471— General rule for inventories
• § 472— Last-in, first-out inventories
• § 473— Qualified liquidations of LIFO inventories
• § 474— Simplified dollar-value LIFO method for certain small businesses
• § 475— Mark to market accounting method for dealers in securities
• § 481— Adjustments required by changes in method of accounting
• § 482— Allocation of income and deductions among taxpayers
• § 483— Interest on certain deferred payments
• § 501— Exemption from tax on corporations, certain trusts, etc.
• § 502— Feeder organizations
• § 503— Requirements for exemption
• § 504— Status after organization ceases to qualify for exemption under section 501(c)(3) because of substantial lobbying or because of political activities
• § 505— Additional requirements for organizations described in paragraph (9) or (17) of section 501(c)
• § 506— Organizations required to notify Secretary of intent to operate under 501(c)(4)
• § 507— Termination of private foundation status
• § 508— Special rules with respect to section 501(c)(3) organizations
• § 509— Private foundation defined
• § 511— Imposition of tax on unrelated business income of charitable, etc., organizations
• § 512— Unrelated business taxable income
• § 513— Unrelated trade or business
• § 514— Unrelated debt-financed income
• § 515— Taxes of foreign countries and possessions of the United States
• § 521— Exemption of farmers’ cooperatives from tax
• § 526— Shipowners’ protection and indemnity associations
• § 527— Political organizations
• § 528— Certain homeowners associations
• § 529— Qualified tuition programs
• § 529A— Qualified ABLE programs
• § 530— Coverdell education savings accounts
• § 530A— Trump accounts
• § 531— Imposition of accumulated earnings tax
• § 532— Corporations subject to accumulated earnings tax
• § 533— Evidence of purpose to avoid income tax
• § 534— Burden of proof
• § 535— Accumulated taxable income
• § 536— Income not placed on annual basis
• § 537— Reasonable needs of the business
• § 541— Imposition of personal holding company tax
• § 542— Definition of personal holding company
• § 543— Personal holding company income
• § 544— Rules for determining stock ownership
• § 545— Undistributed personal holding company income
• § 546— Income not placed on annual basis
• § 547— Deduction for deficiency dividends
• § 561— Definition of deduction for dividends paid
• § 562— Rules applicable in determining dividends eligible for dividends paid deduction
• § 563— Rules relating to dividends paid after close of taxable year
• § 564— Dividend carryover
• § 565— Consent dividends
• § 581— Definition of bank
• § 582— Bad debts, losses, and gains with respect to securities held by financial institutions
• § 584— Common trust funds
• § 585— Reserves for losses on loans of banks
• § 591— Deduction for dividends paid on deposits
• § 593— Reserves for losses on loans
• § 594— Alternative tax for mutual savings banks conducting life insurance business
• § 597— Treatment of transactions in which Federal financial assistance provided
• § 611— Allowance of deduction for depletion
• § 612— Basis for cost depletion
• § 613— Percentage depletion
• § 613A— Limitations on percentage depletion in case of oil and gas wells
• § 614— Definition of property
• § 616— Development expenditures
• § 617— Deduction and recapture of certain mining exploration expenditures
• § 631— Gain or loss in the case of timber, coal, or domestic iron ore
• § 636— Income tax treatment of mineral production payments
• § 638— Continental shelf areas
• § 641— Imposition of tax
• § 642— Special rules for credits and deductions
• § 643— Definitions applicable to subparts A, B, C, and D
• § 644— Taxable year of trusts
• § 645— Certain revocable trusts treated as part of estate
• § 646— Tax treatment of electing Alaska Native Settlement Trusts
• § 651— Deduction for trusts distributing current income only
• § 652— Inclusion of amounts in gross income of beneficiaries of trusts distributing current income only
• § 661— Deduction for estates and trusts accumulating income or distributing corpus
• § 662— Inclusion of amounts in gross income of beneficiaries of estates and trusts accumulating income or distributing corpus
• § 663— Special rules applicable to sections 661 and 662
• § 664— Charitable remainder trusts
• § 665— Definitions applicable to subpart D
• § 666— Accumulation distribution allocated to preceding years
• § 667— Treatment of amounts deemed distributed by trust in preceding years
• § 668— Interest charge on accumulation distributions from foreign trusts
• § 671— Trust income, deductions, and credits attributable to grantors and others as substantial owners
• § 672— Definitions and rules
• § 673— Reversionary interests
• § 674— Power to control beneficial enjoyment
• § 675— Administrative powers
• § 676— Power to revoke
• § 677— Income for benefit of grantor
• § 678— Person other than grantor treated as substantial owner
• § 679— Foreign trusts having one or more United States beneficiaries
• § 681— Limitation on charitable deduction
• § 683— Use of trust as an exchange fund
• § 684— Recognition of gain on certain transfers to certain foreign trusts and estates
• § 685— Treatment of funeral trusts
• § 691— Recipients of income in respect of decedents
• § 692— Income taxes of members of Armed Forces, astronauts, and victims of certain terrorist attacks on death
• § 701— Partners, not partnership, subject to tax
• § 702— Income and credits of partner
• § 703— Partnership computations
• § 704— Partner’s distributive share
• § 705— Determination of basis of partner’s interest
• § 706— Taxable years of partner and partnership
• § 707— Transactions between partner and partnership
• § 708— Continuation of partnership
• § 709— Treatment of organization and syndication fees
• § 721— Nonrecognition of gain or loss on contribution
• § 722— Basis of contributing partner’s interest
• § 723— Basis of property contributed to partnership
• § 724— Character of gain or loss on contributed unrealized receivables, inventory items, and capital loss property
• § 731— Extent of recognition of gain or loss on distribution
• § 732— Basis of distributed property other than money
• § 733— Basis of distributee partner’s interest
• § 734— Adjustment to basis of undistributed partnership property where section 754 election or substantial basis reduction
• § 735— Character of gain or loss on disposition of distributed property
• § 736— Payments to a retiring partner or a deceased partner’s successor in interest
• § 737— Recognition of precontribution gain in case of certain distributions to contributing partner
• § 741— Recognition and character of gain or loss on sale or exchange
• § 742— Basis of transferee partner’s interest
• § 743— Special rules where section 754 election or substantial built-in loss
• § 751— Unrealized receivables and inventory items
• § 752— Treatment of certain liabilities
• § 753— Partner receiving income in respect of decedent
• § 754— Manner of electing optional adjustment to basis of partnership property
• § 755— Rules for allocation of basis
• § 761— Terms defined
• § 801— Tax imposed
• § 803— Life insurance gross income
• § 804— Life insurance deductions
• § 805— General deductions
• § 807— Rules for certain reserves
• § 808— Policyholder dividends deduction
• § 811— Accounting provisions
• § 812— Definition of company’s share and policyholder’s share
• § 814— Contiguous country branches of domestic life insurance companies
• § 816— Life insurance company defined
• § 817— Treatment of variable contracts
• § 817A— Special rules for modified guaranteed contracts
• § 818— Other definitions and special rules
• § 831— Tax on insurance companies other than life insurance companies
• § 832— Insurance company taxable income
• § 833— Treatment of Blue Cross and Blue Shield organizations, etc.
• § 834— Determination of taxable investment income
• § 835— Election by reciprocal
• § 841— Credit for foreign taxes
• § 842— Foreign companies carrying on insurance business
• § 843— Annual accounting period
• § 845— Certain reinsurance agreements
• § 846— Discounted unpaid losses defined
• § 848— Capitalization of certain policy acquisition expenses
• § 851— Definition of regulated investment company
• § 852— Taxation of regulated investment companies and their shareholders
• § 853— Foreign tax credit allowed to shareholders
• § 853A— Credits from tax credit bonds allowed to shareholders
• § 854— Limitations applicable to dividends received from regulated investment company
• § 855— Dividends paid by regulated investment company after close of taxable year
• § 856— Definition of real estate investment trust
• § 857— Taxation of real estate investment trusts and their beneficiaries
• § 858— Dividends paid by real estate investment trust after close of taxable year
• § 859— Adoption of annual accounting period
• § 860— Deduction for deficiency dividends
• § 860A— Taxation of REMIC’s
• § 860B— Taxation of holders of regular interests
• § 860C— Taxation of residual interests
• § 860D— REMIC defined
• § 860E— Treatment of income in excess of daily accruals on residual interests
• § 860F— Other rules
• § 860G— Other definitions and special rules
• § 861— Income from sources within the United States
• § 862— Income from sources without the United States
• § 863— Special rules for determining source
• § 864— Definitions and special rules
• § 865— Source rules for personal property sales
• § 871— Tax on nonresident alien individuals
• § 872— Gross income
• § 873— Deductions
• § 874— Allowance of deductions and credits
• § 875— Partnerships; beneficiaries of estates and trusts
• § 876— Alien residents of Puerto Rico, Guam, American Samoa, or the Northern Mariana Islands
• § 877— Expatriation to avoid tax
• § 877A— Tax responsibilities of expatriation
• § 878— Foreign educational, charitable, and certain other exempt organizations
• § 879— Tax treatment of certain community income in the case of nonresident alien individuals
• § 881— Tax on income of foreign corporations not connected with United States business
• § 882— Tax on income of foreign corporations connected with United States business
• § 883— Exclusions from gross income
• § 884— Branch profits tax
• § 885— Cross references
• § 887— Imposition of tax on gross transportation income of nonresident aliens and foreign corporations
• § 891— Doubling of rates of tax on citizens and corporations of certain foreign countries
• § 892— Income of foreign governments and of international organizations
• § 893— Compensation of employees of foreign governments or international organizations
• § 894— Income affected by treaty
• § 895— Income derived by a foreign central bank of issue from obligations of the United States or from bank deposits
• § 896— Adjustment of tax on nationals, residents, and corporations of certain foreign countries
• § 897— Disposition of investment in United States real property
• § 898— Taxable year of certain foreign corporations
• § 901— Taxes of foreign countries and of possessions of United States
• § 903— Credit for taxes in lieu of income, etc., taxes
• § 904— Limitation on credit
• § 905— Applicable rules
• § 906— Nonresident alien individuals and foreign corporations
• § 907— Special rules in case of foreign oil and gas income
• § 908— Reduction of credit for participation in or cooperation with an international boycott
• § 909— Suspension of taxes and credits until related income taken into account
• § 911— Citizens or residents of the United States living abroad
• § 912— Exemption for certain allowances
• § 931— Income from sources within Guam, American Samoa, or the Northern Mariana Islands
• § 932— Coordination of United States and Virgin Islands income taxes
• § 933— Income from sources within Puerto Rico
• § 934— Limitation on reduction in income tax liability incurred to the Virgin Islands
• § 937— Residence and source rules involving possessions
• § 951— Amounts included in gross income of United States shareholders
• § 951A— Net CFC tested income included in gross income of United States shareholders
• § 951B— Amounts included in gross income of foreign controlled United States shareholders
• § 952— Subpart F income defined
• § 953— Insurance income
• § 954— Foreign base company income
• § 956— Investment of earnings in United States property
• § 957— Controlled foreign corporations; United States persons
• § 958— Rules for determining stock ownership
• § 959— Exclusion from gross income of previously taxed earnings and profits
• § 960— Deemed paid credit for subpart F inclusions
• § 961— Adjustments to basis of stock in controlled foreign corporations and of other property
• § 962— Election by individuals to be subject to tax at corporate rates
• § 964— Miscellaneous provisions
• § 965— Treatment of deferred foreign income upon transition to participation exemption system of taxation
• § 970— Reduction of subpart F income of export trade corporations
• § 971— Definitions
• § 982— Admissibility of documentation maintained in foreign countries
• § 985— Functional currency
• § 986— Determination of foreign taxes and foreign corporation’s earnings and profits
• § 987— Branch transactions
• § 988— Treatment of certain foreign currency transactions
• § 989— Other definitions and special rules
• § 991— Taxation of a domestic international sales corporation
• § 992— Requirements of a domestic international sales corporation
• § 993— Definitions and special rules
• § 994— Inter-company pricing rules
• § 995— Taxation of DISC income to shareholders
• § 996— Rules for allocation in the case of distributions and losses
• § 997— Special subchapter C rules
• § 999— Reports by taxpayers; determinations
• § 1001— Determination of amount of and recognition of gain or loss
• § 1011— Adjusted basis for determining gain or loss
• § 1012— Basis of property—cost
• § 1013— Basis of property included in inventory
• § 1014— Basis of property acquired from a decedent
• § 1015— Basis of property acquired by gifts and transfers in trust
• § 1016— Adjustments to basis
• § 1017— Discharge of indebtedness
• § 1019— Property on which lessee has made improvements
• § 1021— Sale of annuities
• § 1023— Cross references
• § 1031— Exchange of real property held for productive use or investment
• § 1032— Exchange of stock for property
• § 1033— Involuntary conversions
• § 1035— Certain exchanges of insurance policies
• § 1036— Stock for stock of same corporation
• § 1037— Certain exchanges of United States obligations
• § 1038— Certain reacquisitions of real property
• § 1040— Transfer of certain farm, etc., real property
• § 1041— Transfers of property between spouses or incident to divorce
• § 1042— Sales of stock to employee stock ownership plans or certain cooperatives
• § 1043— Sale of property to comply with conflict-of-interest requirements
• § 1045— Rollover of gain from qualified small business stock to another qualified small business stock
• § 1052— Basis established by the Revenue Act of 1932 or 1934 or by the Internal Revenue Code of 1939
• § 1053— Property acquired before March 1, 1913
• § 1054— Certain stock of Federal National Mortgage Association
• § 1055— Redeemable ground rents
• § 1058— Transfers of securities under certain agreements
• § 1059— Corporate shareholder’s basis in stock reduced by nontaxed portion of extraordinary dividends
• § 1059A— Limitation on taxpayer’s basis or inventory cost in property imported from related persons
• § 1060— Special allocation rules for certain asset acquisitions
• § 1061— Partnership interests held in connection with performance of services
• § 1062— Gain from the sale or exchange of qualified farmland property to qualified farmers
• § 1063— Cross references
• § 1091— Loss from wash sales of stock or securities
• § 1092— Straddles
• § 1202— Partial exclusion for gain from certain small business stock
• § 1211— Limitation on capital losses
• § 1212— Capital loss carrybacks and carryovers
• § 1221— Capital asset defined
• § 1222— Other terms relating to capital gains and losses
• § 1223— Holding period of property
• § 1231— Property used in the trade or business and involuntary conversions
• § 1233— Gains and losses from short sales
• § 1234— Options to buy or sell
• § 1234A— Gains or losses from certain terminations
• § 1234B— Gains or losses from securities futures contracts
• § 1235— Sale or exchange of patents
• § 1236— Dealers in securities
• § 1237— Real property subdivided for sale
• § 1239— Gain from sale of depreciable property between certain related taxpayers
• § 1241— Cancellation of lease or distributor’s agreement
• § 1242— Losses on small business investment company stock
• § 1243— Loss of small business investment company
• § 1244— Losses on small business stock
• § 1245— Gain from dispositions of certain depreciable property
• § 1248— Gain from certain sales or exchanges of stock in certain foreign corporations
• § 1249— Gain from certain sales or exchanges of patents, etc., to foreign corporations
• § 1250— Gain from dispositions of certain depreciable realty
• § 1252— Gain from disposition of farm land
• § 1253— Transfers of franchises, trademarks, and trade names
• § 1254— Gain from disposition of interest in oil, gas, geothermal, or other mineral properties
• § 1255— Gain from disposition of section 126 property
• § 1256— Section 1256 contracts marked to market
• § 1257— Disposition of converted wetlands or highly erodible croplands
• § 1258— Recharacterization of gain from certain financial transactions
• § 1259— Constructive sales treatment for appreciated financial positions
• § 1260— Gains from constructive ownership transactions
• § 1271— Treatment of amounts received on retirement or sale or exchange of debt instruments
• § 1272— Current inclusion in income of original issue discount
• § 1273— Determination of amount of original issue discount
• § 1274— Determination of issue price in the case of certain debt instruments issued for property
• § 1274A— Special rules for certain transactions where stated principal amount does not exceed $2,800,000
• § 1275— Other definitions and special rules
• § 1276— Disposition gain representing accrued market discount treated as ordinary income
• § 1277— Deferral of interest deduction allocable to accrued market discount
• § 1278— Definitions and special rules
• § 1281— Current inclusion in income of discount on certain short-term obligations
• § 1282— Deferral of interest deduction allocable to accrued discount
• § 1283— Definitions and special rules
• § 1286— Tax treatment of stripped bonds
• § 1287— Denial of capital gain treatment for gains on certain obligations not in registered form
• § 1288— Treatment of original issue discount on tax-exempt obligations
• § 1291— Interest on tax deferral
• § 1293— Current taxation of income from qualified electing funds
• § 1294— Election to extend time for payment of tax on undistributed earnings
• § 1295— Qualified electing fund
• § 1296— Election of mark to market for marketable stock
• § 1297— Passive foreign investment company
• § 1298— Special rules
• § 1301— Averaging of farm income
• § 1311— Correction of error
• § 1312— Circumstances of adjustment
• § 1313— Definitions
• § 1314— Amount and method of adjustment
• § 1341— Computation of tax where taxpayer restores substantial amount held under claim of right
• § 1351— Treatment of recoveries of foreign expropriation losses
• § 1352— Alternative tax on qualifying shipping activities
• § 1353— Notional shipping income
• § 1354— Alternative tax election; revocation; termination
• § 1355— Definitions and special rules
• § 1356— Qualifying shipping activities
• § 1357— Items not subject to regular tax; depreciation; interest
• § 1358— Allocation of credits, income, and deductions
• § 1359— Disposition of qualifying vessels
• § 1361— S corporation defined
• § 1362— Election; revocation; termination
• § 1363— Effect of election on corporation
• § 1366— Pass-thru of items to shareholders
• § 1367— Adjustments to basis of stock of shareholders, etc.
• § 1368— Distributions
• § 1371— Coordination with subchapter C
• § 1372— Partnership rules to apply for fringe benefit purposes
• § 1373— Foreign income
• § 1374— Tax imposed on certain built-in gains
• § 1375— Tax imposed when passive investment income of corporation having accumulated earnings and profits exceeds 25 percent of gross receipts
• § 1377— Definitions and special rule
• § 1378— Taxable year of S corporation
• § 1379— Transitional rules on enactment
• § 1381— Organizations to which part applies
• § 1382— Taxable income of cooperatives
• § 1383— Computation of tax where cooperative redeems nonqualified written notices of allocation or nonqualified per-unit retain certificates
• § 1385— Amounts includible in patron’s gross income
• § 1388— Definitions; special rules
• § 1391— Designation procedure
• § 1392— Eligibility criteria
• § 1393— Definitions and special rules
• § 1394— Tax-exempt enterprise zone facility bonds
• § 1396— Empowerment zone employment credit
• § 1397— Other definitions and special rules
• § 1397A— Increase in expensing under section 179
• § 1397B— Nonrecognition of gain on rollover of empowerment zone investments
• § 1397C— Enterprise zone business defined
• § 1397D— Qualified zone property defined
• § 1397F— Regulations
• § 1398— Rules relating to individuals’ title 11 cases
• § 1399— No separate taxable entities for partnerships, corporations, etc.
• § 1400Z–1— Designation
• § 1400Z–2— Special rules for capital gains invested in opportunity zones