Subchapter B: Computation of Taxable Income

Title 26 Internal Revenue Code
Subtitle A : Income Taxes
Chapter 1 : Normal Taxes and Surtaxes
Subchapter B : Computation of taxable income

Part Subpart Section Title Section(s)
I
Taxable income defined Section 63
Ordinary Income Defined Section 64
Ordinary Loss Defined Section 65
2-percent floor on miscellaneous itemized deductions Section 67
Overall limitation on itemized deductions Section 68
III
Certain cost-sharing payments Section 126
VI
Trade or business expenses Section 162
Interest Section 163
Taxes Section 164
Losses Section 165
Bad debts Section 166
Depreciation Section 167
Accelerated cost recovery system Section 168
Charitable, etc., contributions and gifts Section 170
Net operating loss deduction Section 172
Soil and water conservation expenditures Section 175
Election to expense certain depreciable business assets Section 179
Expenditures by farmers for fertilizer, etc. Section 180
Activities not engaged in for profit Section 183
Amortization of reforestation expenditures Section 194
Income attributable to domestic production activities Section 199
VII
Allowance of deductions Section 211
Expenses for production of income Section 212
IX
Capital expenditures Section 263
Capitalization and inclusion in inventory costs of certain expenses Section 263A
Carrying charges Section 266
Losses, expenses, and interest with respect to transactions between related taxpayers Section 267
Sale of land with unharvested crop Section 268