26 U.S.C., Title 26, Subtitle A, Chapter 1, Subchapter B | uscode.io

Subchapter B: Computation of Taxable Income

Part I: DEFINITION OF GROSS INCOME, ADJUSTED GROSS INCOME, TAXABLE INCOME, ETC.

Part II: ITEMS SPECIFICALLY INCLUDED IN GROSS INCOME

[Section 71: Repealed. Pub. L. 115–97, title I, § 11051(b)(1)(B), Dec. 22, 2017, 131 Stat. 2089]
Section 72: Annuities; certain proceeds of endowment and life insurance contracts
Section 73: Services of child
Section 74: Prizes and awards
Section 75: Dealers in tax-exempt securities
[Section 76: Repealed. Pub. L. 94–455, title XIX, § 1901(a)(14), Oct. 4, 1976, 90 Stat. 1765]
Section 77: Commodity credit loans
Section 78: Gross up for deemed paid foreign tax credit
Section 79: Group-term life insurance purchased for employees
Section 80: Restoration of value of certain securities
[Section 81: Repealed. Pub. L. 100–203, title X, § 10201(b)(1), Dec. 22, 1987, 101 Stat. 1330–387]
Section 82: Reimbursement of moving expenses
Section 83: Property transferred in connection with performance of services
Section 84: Transfer of appreciated property to political organizations
Section 85: Unemployment compensation
Section 86: Social security and tier 1 railroad retirement benefits
Section 87: Alcohol and biodiesel fuels credits
Section 88: Certain amounts with respect to nuclear decommissioning costs
[Section 89: Repealed. Pub. L. 101–140, title II, § 202(a), Nov. 8, 1989, 103 Stat. 830]
Section 90: Illegal Federal irrigation subsidies
Section 91: Certain foreign branch losses transferred to specified 10-percent owned foreign corporations

Part III: ITEMS SPECIFICALLY EXCLUDED FROM GROSS INCOME

Section 101: Certain death benefits
Section 102: Gifts and inheritances
Section 103: Interest on State and local bonds
[Section 103A: Repealed. Pub. L. 99–514, title XIII, § 1301(j)(1), Oct. 22, 1986, 100 Stat. 2657]
Section 104: Compensation for injuries or sickness
Section 105: Amounts received under accident and health plans
Section 106: Contributions by employer to accident and health plans
Section 107: Rental value of parsonages
Section 108: Income from discharge of indebtedness
Section 109: Improvements by lessee on lessor’s property
Section 110: Qualified lessee construction allowances for short-term leases
Section 111: Recovery of tax benefit items
Section 112: Certain combat zone compensation of members of the Armed Forces
[Section 113: Repealed. Pub. L. 101–508, title XI, § 11801(a)(7), Nov. 5, 1990, 104 Stat. 1388–520]
[Section 114: Repealed. Pub. L. 108–357, title I, § 101(a), Oct. 22, 2004, 118 Stat. 1423]
Section 115: Income of States, municipalities, etc.
[Section 116: Repealed. Pub. L. 99–514, title VI, § 612(a), Oct. 22, 1986, 100 Stat. 2250]
Section 117: Qualified scholarships
Section 118: Contributions to the capital of a corporation
Section 119: Meals or lodging furnished for the convenience of the employer
[Section 120: Repealed. Pub. L. 113–295, div. A, title II, § 221(a)(19)(A), Dec. 19, 2014, 128 Stat. 4039]
Section 121: Exclusion of gain from sale of principal residence
Section 122: Certain reduced uniformed services retirement pay
Section 123: Amounts received under insurance contracts for certain living expenses
[Section 124: Repealed. Pub. L. 101–508, title XI, § 11801(a)(9), Nov. 5, 1990, 104 Stat. 1388–520]
Section 125: Cafeteria plans
Section 126: Certain cost-sharing payments
Section 127: Educational assistance programs
[Section 128: Repealed. Pub. L. 101–508, title XI, § 11801(a)(10), Nov. 5, 1990, 104 Stat. 1388–520]
Section 129: Dependent care assistance programs
Section 130: Certain personal injury liability assignments
Section 131: Certain foster care payments
Section 132: Certain fringe benefits
[Section 133: Repealed. Pub. L. 104–188, title I, § 1602(a), Aug. 20, 1996, 110 Stat. 1833]
Section 134: Certain military benefits
Section 135: Income from United States savings bonds used to pay higher education tuition and fees
Section 136: Energy conservation subsidies provided by public utilities
Section 137: Adoption assistance programs
Section 138: Medicare Advantage MSA
Section 139: Disaster relief payments
Section 139A: Federal subsidies for prescription drug plans
Section 139B: Benefits provided to volunteer firefighters and emergency medical responders
[Section 139C: Repealed. Pub. L. 115–141, div. U, title IV, § 401(d)(7)(C), Mar. 23, 2018, 132 Stat. 1212]
Section 139D: Indian health care benefits
Section 139E: Indian general welfare benefits
Section 139F: Certain amounts received by wrongfully incarcerated individuals
Section 139G: Assignments to Alaska Native Settlement Trusts
Section 139H: Interest received in action to recover property seized by the Internal Revenue Service based on structuring transaction
Section 140: Cross references to other Acts

Part IV: TAX EXEMPTION REQUIREMENTS FOR STATE AND LOCAL BONDS

Part V: DEDUCTIONS FOR PERSONAL EXEMPTIONS

Part VI: ITEMIZED DEDUCTIONS FOR INDIVIDUALS AND CORPORATIONS

Section 161: Allowance of deductions
Section 162: Trade or business expenses
Section 163: Interest
Section 164: Taxes
Section 165: Losses
Section 166: Bad debts
Section 167: Depreciation
Section 168: Accelerated cost recovery system
Section 169: Amortization of pollution control facilities
Section 170: Charitable, etc., contributions and gifts
Section 171: Amortizable bond premium
Section 172: Net operating loss deduction
Section 173: Circulation expenditures
Section 174: Research and experimental expenditures
Section 175: Soil and water conservation expenditures; endangered species recovery expenditures
Section 176: Payments with respect to employees of certain foreign corporations
[Section 177: Repealed. Pub. L. 99–514, title II, § 241(a), Oct. 22, 1986, 100 Stat. 2181]
Section 178: Amortization of cost of acquiring a lease
Section 179: Election to expense certain depreciable business assets
[Section 179A: Repealed. Pub. L. 113–295, div. A, title II, § 221(a)(34)(A), Dec. 19, 2014, 128 Stat. 4042]
Section 179B: Deduction for capital costs incurred in complying with Environmental Protection Agency sulfur regulations
Section 179C: Election to expense certain refineries
Section 179D: Energy efficient commercial buildings deduction
Section 179E: Election to expense advanced mine safety equipment
Section 180: Expenditures by farmers for fertilizer, etc.
Section 181: Treatment of certain qualified film and television and live theatrical productions
[Section 182: Repealed. Pub. L. 99–514, title IV, § 402(a), Oct. 22, 1986, 100 Stat. 2221]
Section 183: Activities not engaged in for profit
[Section 184: Repealed. Pub. L. 101–508, title XI, § 11801(a)(12), Nov. 5, 1990, 104 Stat. 1388–520]
[Section 185: Repealed. Pub. L. 99–514, title II, § 242(a), Oct. 22, 1986, 100 Stat. 2181]
Section 186: Recoveries of damages for antitrust violations, etc.
[Section 187: Repealed. Pub. L. 94–455, title XIX, § 1901(a)(31), Oct. 4, 1976, 90 Stat. 1769]
[Section 188: Repealed. Pub. L. 101–508, title XI, § 11801(a)(13), Nov. 5, 1990, 104 Stat. 1388–520]
[Section 189: Repealed. Pub. L. 99–514, title VIII, § 803(b)(1), Oct. 22, 1986, 100 Stat. 2355]
Section 190: Expenditures to remove architectural and transportation barriers to the handicapped and elderly
[Section 191: Repealed. Pub. L. 97–34, title II, § 212(d)(1), Aug. 13, 1981, 95 Stat. 239]
Section 192: Contributions to black lung benefit trust
Section 193: Tertiary injectants
Section 194: Treatment of reforestation expenditures
Section 194A: Contributions to employer liability trusts
Section 195: Start-up expenditures
Section 196: Deduction for certain unused business credits
Section 197: Amortization of goodwill and certain other intangibles
Section 198: Expensing of environmental remediation costs
[Section 198A: Repealed. Pub. L. 113–295, div. A, title II, § 221(a)(35), Dec. 19, 2014, 128 Stat. 4042]
[Section 199: Repealed. Pub. L. 115–97, title I, § 13305(a), Dec. 22, 2017, 131 Stat. 2126]
Section 199A: Qualified business income

Part VII: ADDITIONAL ITEMIZED DEDUCTIONS FOR INDIVIDUALS

Section 211: Allowance of deductions
Section 212: Expenses for production of income
Section 213: Medical, dental, etc., expenses
[Section 214: Repealed. Pub. L. 94–455, title V, § 504(b)(1), Oct. 4, 1976, 90 Stat. 1565]
[Section 215: Repealed. Pub. L. 115–97, title I, § 11051(a), Dec. 22, 2017, 131 Stat. 2089]
Section 216: Deduction of taxes, interest, and business depreciation by cooperative housing corporation tenant-stockholder
Section 217: Moving expenses
[Section 218: Repealed. Pub. L. 95–600, title I, § 113(a)(1), Nov. 6, 1978, 92 Stat. 2778]
Section 219: Retirement savings
Section 220: Archer MSAs
Section 221: Interest on education loans
Section 222: Qualified tuition and related expenses
Section 223: Health savings accounts
Section 224: Cross reference

Part VIII: SPECIAL DEDUCTIONS FOR CORPORATIONS

Section 241: Allowance of special deductions
[Section 242: Repealed. Pub. L. 94–455, title XIX, § 1901(a)(33), Oct. 4, 1976, 90 Stat. 1769]
Section 243: Dividends received by corporations
[Section 244: Repealed. Pub. L. 113–295, div. A, title II, § 221(a)(41)(A), Dec. 19, 2014, 128 Stat. 4043]
Section 245: Dividends received from certain foreign corporations
Section 245A: Deduction for foreign source-portion of dividends received by domestic corporations from specified 10-percent owned foreign corporations
Section 246: Rules applying to deductions for dividends received
Section 246A: Dividends received deduction reduced where portfolio stock is debt financed
Section 247: Contributions to Alaska Native Settlement Trusts
Section 248: Organizational expenditures
Section 249: Limitation on deduction of bond premium on repurchase
Section 250: Foreign-derived intangible income and global intangible low-taxed income

Part IX: ITEMS NOT DEDUCTIBLE

Section 261: General rule for disallowance of deductions
Section 262: Personal, living, and family expenses
Section 263: Capital expenditures
Section 263A: Capitalization and inclusion in inventory costs of certain expenses
Section 264: Certain amounts paid in connection with insurance contracts
Section 265: Expenses and interest relating to tax-exempt income
Section 266: Carrying charges
Section 267: Losses, expenses, and interest with respect to transactions between related taxpayers
Section 267A: Certain related party amounts paid or accrued in hybrid transactions or with hybrid entities
Section 268: Sale of land with unharvested crop
Section 269: Acquisitions made to evade or avoid income tax
Section 269A: Personal service corporations formed or availed of to avoid or evade income tax
Section 269B: Stapled entities
[Section 270: Repealed. Pub. L. 91–172, title II, § 213(b), Dec. 30, 1969, 83 Stat. 572]
Section 271: Debts owed by political parties, etc.
Section 272: Disposal of coal or domestic iron ore
Section 273: Holders of life or terminable interest
Section 274: Disallowance of certain entertainment, etc., expenses
Section 275: Certain taxes
Section 276: Certain indirect contributions to political parties
Section 277: Deductions incurred by certain membership organizations in transactions with members
[Section 278: Repealed. Pub. L. 99–514, title VIII, § 803(b)(6), Oct. 22, 1986, 100 Stat. 2356]
Section 279: Interest on indebtedness incurred by corporation to acquire stock or assets of another corporation
[Section 280: Repealed. Pub. L. 99–514, title VIII, § 803(b)(2)(A), Oct. 22, 1986, 100 Stat. 2355]
Section 280A: Disallowance of certain expenses in connection with business use of home, rental of vacation homes, etc.
Section 280B: Demolition of structures
Section 280C: Certain expenses for which credits are allowable
[Section 280D: Repealed. Pub. L. 100–418, title I, § 1941(b)(4)(A), Aug. 23, 1988, 102 Stat. 1324]
Section 280E: Expenditures in connection with the illegal sale of drugs
Section 280F: Limitation on depreciation for luxury automobiles; limitation where certain property used for personal purposes
Section 280G: Golden parachute payments
Section 280H: Limitation on certain amounts paid to employee-owners by personal service corporations electing alternative taxable years

Part X: TERMINAL RAILROAD CORPORATIONS AND THEIR SHAREHOLDERS

Section 281: Terminal railroad corporations and their shareholders

Part XI: SPECIAL RULES RELATING TO CORPORATE PREFERENCE ITEMS

Section 291: Special rules relating to corporate preference items