26 U.S.C. 63: Taxable income defined

2020

• Pub. L. 116–260, §212(b)(1), added par. (4). (Consolidated Appropriations Act, 2021) Law text · (b)
• Pub. L. 116–260, §212(b)(2), added par. (2) and struck out former pars. (2) and (3) which read as follows: (Consolidated Appropriations Act, 2021) Law text · (d), (3)

2018

• Pub. L. 115–141 substituted "any deduction" for "the deduction". (Consolidated Appropriations Act, 2018) Law text · (b), (d)

2017

• Pub. L. 115–97, §11011(b)(2), added par. (3). Law text · (b)
• Pub. L. 115–97, §11002(d)(1)(K), substituted "for 'calendar year 2016' in subparagraph (A)(ii)" for "for 'calendar year 1992' in subparagraph (B)" in introductory provisions. Law text · (c)
• Pub. L. 115–97, §11021(a), added par. (7). Law text · (c)
• Pub. L. 115–97, §11011(b)(3), added par. (3). Law text · (d)

2014

• Pub. L. 113–295, §221(a)(13)(A), added subpars. (A) and (B) and struck out former subpars. (A) to (E) which read as follows: Law text · (c)
• Pub. L. 113–295, §221(a)(13)(B), struck out pars. (7) to (9) which related to real property tax deduction, disaster loss deduction, and motor vehicle sales tax deduction, respectively. Law text · (c)

2009

• Pub. L. 111–5, §1008(c)(1), added subpar. (E). (American Recovery and Reinvestment Act of 2009) Law text · (c)
• Pub. L. 111–5, §1008(c)(2), added par. (9). (American Recovery and Reinvestment Act of 2009) Law text · (c)

2008

• Pub. L. 110–343, §204(a), inserted "or 2009" after "2008". (Emergency Economic Stabilization Act of 2008) Law text · (c)
• Pub. L. 110–289, §3012(a), added subpar. (C). (Housing and Economic Recovery Act of 2008) Law text · (c)
• Pub. L. 110–343, §706(b)(1), added subpar. (D). (Emergency Economic Stabilization Act of 2008) Law text · (c)
• Pub. L. 110–289, §3012(b), added par. (7). (Housing and Economic Recovery Act of 2008) Law text · (c)
• Pub. L. 110–343, §706(b)(2), added par. (8). (Emergency Economic Stabilization Act of 2008) Law text · (c)

2004

• Pub. L. 108–311, §101(b)(1), reenacted heading without change and amended text generally, substituting provisions relating to a specific percentage for provisions relating to applicable percentage in subpar. (A), redesignating subpar. (D) as (C), and deleting former subpar. (C) rela… (Working Families Tax Relief Act of 2004) Law text · (c)
• Pub. L. 108–311, §101(b)(2)(A), substituted "(2)(C)" for "(2)(D)" in introductory provisions and in subpar. (B)(i). (Working Families Tax Relief Act of 2004) Law text · (c)
• Pub. L. 108–311, §101(b)(2)(B), struck out par. (7) which related to applicable percentage for purposes of par. (2). (Working Families Tax Relief Act of 2004) Law text · (c)

2003

• Pub. L. 108–27 inserted table item relating to years 2003 and 2004. (Jobs and Growth Tax Relief Reconciliation Act of 2003) Law text · (c)

2002

• Pub. L. 107–147, §411(e)(1)(E), inserted "If any amount determined under subparagraph (A) is not a multiple of $50, such amount shall be rounded to the next lowest multiple of $50." at end. (Job Creation and Worker Assistance Act of 2002) Law text · (c)
• Pub. L. 107–147, §411(e)(1)(A), substituted "subparagraph (D)" for "subparagraph (C)". (Job Creation and Worker Assistance Act of 2002) Law text · (c)
• Pub. L. 107–147, §411(e)(1)(B), struck out "or" at end. (Job Creation and Worker Assistance Act of 2002) Law text · (c)
• Pub. L. 107–147, §411(e)(1)(C), (D), added subpar. (C) and redesignated former subpar. (C) as (D). (Job Creation and Worker Assistance Act of 2002) Law text · (c), (D)
• Pub. L. 107–147, §411(e)(2)(C), which directed amendment by striking out the flush sentence at the end added by section 301(c)(2) of Public Law 107–17, was executed by striking out "The preceding sentence shall not apply to the amount referred to in paragraph (2)(A).", which was ins… (Job Creation and Worker Assistance Act of 2002) Law text · (c)
• Pub. L. 107–147, §411(e)(2)(A), substituted "paragraph (2)(B), (2)(D), or (5)" for "paragraph (2) or (5)" in introductory provisions. (Job Creation and Worker Assistance Act of 2002) Law text · (c)
• Pub. L. 107–147, §411(e)(2)(B), substituted "paragraph (2)(B), (2)(D)," for "paragraph (2)". (Job Creation and Worker Assistance Act of 2002) Law text · (c)

2001

• Pub. L. 107–16, §301(a)(1), substituted "the applicable percentage of the dollar amount in effect under subparagraph (C) for the taxable year" for "$5,000". (Economic Growth and Tax Relief Reconciliation Act of 2001) Law text · (c)
• Pub. L. 107–16, §301(a)(2), inserted "or" at end. (Economic Growth and Tax Relief Reconciliation Act of 2001) Law text · (c)
• Pub. L. 107–16, §301(a)(3), substituted "in any other case." for "in the case of an individual who is not married and who is not a surviving spouse or head of household, or". (Economic Growth and Tax Relief Reconciliation Act of 2001) Law text · (c)
• Pub. L. 107–16, §301(a)(4), struck out subpar. (D) which read as follows: "$2,500 in the case of a married individual filing a separate return." (Economic Growth and Tax Relief Reconciliation Act of 2001) Law text · (c)
• Pub. L. 107–16, §301(c)(2), inserted at end "The preceding sentence shall not apply to the amount referred to in paragraph (2)(A)." (Economic Growth and Tax Relief Reconciliation Act of 2001) Law text · (c)
• Pub. L. 107–16, §301(b), added par. (7). (Economic Growth and Tax Relief Reconciliation Act of 2001) Law text · (c)

1997

• Pub. L. 105–34, §1201(a)(2), in introductory provisions, substituted "(5)" for "(5)(A)" and, in subpar. (B), substituted "by substituting for 'calendar year 1992' in subparagraph (B) thereof—" for "by substituting 'calendar year 1987' for 'calendar year 1992' in subparagraph (B) the… (Taxpayer Relief Act of 1997) Law text · (c)
• Pub. L. 105–34, §1201(a)(1), substituted "the sum of $250 and such individual's earned income" for "such individual's earned income". (Taxpayer Relief Act of 1997) Law text · (c)

1993

• Pub. L. 103–66 substituted "1992" for "1989". · (c)

1990

• Pub. L. 101–508, §11101(d)(1)(D), inserted before period at end ", by substituting 'calendar year 1987' for 'calendar year 1989' in subparagraph (B) thereof". · (c)
• Pub. L. 101–508, §11801(a)(4), struck out subsec. (h) "Transitional rule for taxable years beginning in 1987" which read as follows: "In the case of any taxable year beginning in 1987, paragraph (2) of subsection (c) shall be applied— · (h)

1988

• Pub. L. 100–647 substituted "basic standard deduction" for "standard deduction" in heading and text. · (c)

1986

• Pub. L. 99–514, §102(a), substituted "In general" for "Corporations" in heading and amended text generally. Prior to amendment, text read as follows: "For purposes of this subtitle, in the case of a corporation, the term 'taxable income' means gross income minus the deductions allowed … · (a)
• Pub. L. 99–514, §102(a), substituted "Individuals who do not itemize their deductions" for "Individuals" in heading and amended text generally. Prior to amendment, text read as follows: "For purposes of this subtitle, in the case of an individual, the term 'taxable income' means adjust… · (b)
• Pub. L. 99–514, §102(a), substituted "Standard deduction" for "Excess itemized deductions" in heading and amended text generally. Prior to amendment, text read as follows: "For purposes of this subtitle, the term 'excess itemized deductions' means the excess (if any) of— · (c)
• Pub. L. 99–514, §1272(d)(6), redesignated subpars. (D) and (E) as (C) and (D), respectively, and struck out former subpar. (C) which read as follows: "a citizen of the United States entitled to the benefits of section 931 (relating to income from sources within possessions… · (c)
• Pub. L. 99–514, §102(a), substituted "Itemized deductions" for "Zero bracket amount" in heading and amended text generally. Prior to amendment, subsec. (d) read as follows: "For purposes of this subtitle, the term 'zero bracket amount' means— · (d)
• Pub. L. 99–514, §102(a), substituted "Election to itemize" for "Unused zero bracket amount" in heading. · (e)
• Pub. L. 99–514, §102(a), substituted "In general" for "Individuals for whom computation must be made" in heading and amended text generally. Prior to amendment, text read as follows: "A computation for the taxable year shall be made under this subsection for the following individual… · (e)
• Pub. L. 99–514, §102(a), substituted "Time and manner of election" for "Computation" in heading and amended text generally. Prior to amendment, text read as follows: "For purposes of this subtitle, an individual's unused zero bracket amount for the taxable year is an amount equal to… · (e)
• Pub. L. 99–514, §102(a), in amending subsec. (e) generally, added par. (3). · (e)
• Pub. L. 99–514, §102(a), substituted "Aged or blind additional amounts" for "Itemized deductions" in heading and amended text generally. Prior to amendment, text read as follows: "For purposes of this subtitle, the term 'itemized deductions' means the deductions allowable by this chapt… · (f)
• Pub. L. 99–514, §102(a), amended subsec. (g) generally, substituting provision that marital status be determined under section 7703 for provisions relating to election to itemize. See subsec. (e). · (g)
• Pub. L. 99–514, §102(a), substituted "Transitional rule for taxable years beginning in 1987" for "Marital status" in heading and amended text generally. Prior to amendment, text read as follows: "For purposes of this section, marital status shall be determined under section 143." · (h)
• Pub. L. 99–514, §102(a), in amending section generally, struck out subsec. (i), "Direct charitable deduction", which read as follows: "For purposes of this section, the term 'direct charitable deduction' means that portion of the amount allowable under section 170(a) which is taken as … · (i)

1981

• Pub. L. 97–34, §121(b)(1), added subpar. (C). · (b)
• Pub. L. 97–34, §104(b), substituted a blanket reference to individuals to whom subsection (a), (b), (c), or (d) of section 1 applies and the maximum amount of taxable income on which no tax is imposed by the applicable subsection of section 1 for provisions specifically referring to am… · (d)
• Pub. L. 97–34, §111(b)(4), substituted "section 911(d)(2)" for "section 911(b)" in provisions following subpar. (B). · (e)
• Pub. L. 97–34, §121(c)(2), added par. (3). · (f)
• Pub. L. 97–34, §121(b)(2), added subsec. (i). · (i)

1978

• Pub. L. 95–600 substituted "$3,400" for "$3,200" in par. (1), "$2,300" for "$2,200" in par. (2), and "$1,700" for "$1,600" in par. (3).

1977

• Pub. L. 95–30 completely revised definition of taxable income from one using the concept of a standard deduction and consisting of subsecs. (a) and (b) entitled, respectively, "General rule" and "Individuals electing standard deduction" to definition using the concepts of zero bracket amounts and e…