Federal

Title 26 — Internal Revenue Code

2,161 sections, each with the official text and a plain-English explanation of what it means for you.

• § 24 — Child tax credit
• § 241 — Allowance of special deductions
• § 242 — Repealed. Pub. L. 94–455, title XIX, § 1901(a)(33) , Oct. 4, 1976 , 90 Stat. 1769 ]
• § 243 — Dividends received by corporations
• § 244 — Repealed. Pub. L. 113–295, div. A, title II, § 221(a)(41)(A) , Dec. 19, 2014 , 128 Stat. 4043 ]
• § 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
• § 25 — Interest on certain home mortgages
• § 250 — Foreign-derived deduction eligible income and net CFC tested income
• § 2501 — Imposition of tax
• § 2502 — Rate of tax
• § 2503 — Taxable gifts
• § 2504 — Taxable gifts for preceding calendar periods
• § 2505 — Unified credit against gift tax
• § 2511 — Transfers in general
• § 2512 — Valuation of gifts
• § 2513 — Gift by husband or wife to third party
• § 2514 — Powers of appointment
• § 2515 — Treatment of generation-skipping transfer tax
• § 2515A — Repealed. Pub. L. 97–34, title IV, § 403(c)(3)(B) , Aug. 13, 1981 , 95 Stat. 302 ]
• § 2516 — Certain property settlements
• § 2517 — Repealed. Pub. L. 99–514, title XVIII, § 1852(e)(2)(A) , Oct. 22, 1986 , 100 Stat. 2868 ]
• § 2518 — Disclaimers
• § 2519 — Dispositions of certain life estates
• § 2521 — Repealed. Pub. L. 94–455, title XX, § 2001(b)(3) , Oct. 4, 1976 , 90 Stat. 1849 ]
• § 2522 — Charitable and similar gifts
• § 2523 — Gift to spouse
• § 2524 — Extent of deductions
• § 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
• § 2601 — Tax imposed
• § 2602 — Amount of tax
• § 2603 — Liability for tax
• § 2604 — Repealed. Pub. L. 113–295, div. A, title II, § 221(a)(95)(B)(i) , Dec. 19, 2014 , 128 Stat. 4051 ]
• § 261 — General rule for disallowance of deductions
• § 2611 — Generation-skipping transfer defined
• § 2612 — Taxable termination; taxable distribution; direct skip
• § 2613 — Skip person and non-skip person defined
• § 2614 — Omitted]
• § 262 — Personal, living, and family expenses
• § 2621 — Taxable amount in case of taxable distribution
• § 2622 — Taxable amount in case of taxable termination
• § 2623 — Taxable amount in case of direct skip
• § 2624 — Valuation
• § 263 — Capital expenditures
• § 2631 — GST exemption
• § 2632 — Special rules for allocation of GST exemption
• § 263A — Capitalization and inclusion in inventory costs of certain expenses
• § 264 — Certain amounts paid in connection with insurance contracts
• § 2641 — Applicable rate
• § 2642 — Inclusion ratio
• § 265 — Expenses and interest relating to tax-exempt income
• § 2651 — Generation assignment
• § 2652 — Other definitions
• § 2653 — Taxation of multiple skips
• § 2654 — Special rules
• § 266 — Carrying charges
• § 2661 — Administration
• § 2662 — Return requirements
• § 2663 — Regulations
• § 2664 — Repealed. Pub. L. 111–312, title III, § 301(a) , Dec. 17, 2010 , 124 Stat. 3300 ]
• § 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
• § 27 — Taxes of foreign countries and possessions of the United States
• § 270 — Repealed. Pub. L. 91–172, title II, § 213(b) , Dec. 30, 1969 , 83 Stat. 572 ]
• § 2701 — Special valuation rules in case of transfers of certain interests in corporations or partnerships
• § 2702 — Special valuation rules in case of transfers of interests in trusts
• § 2703 — Certain rights and restrictions disregarded
• § 2704 — Treatment of certain lapsing rights and restrictions
• § 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
• § 278 — Repealed. Pub. L. 99–514, title VIII, § 803(b)(6) , Oct. 22, 1986 , 100 Stat. 2356 ]
• § 279 — Interest on indebtedness incurred by corporation to acquire stock or assets of another corporation
• § 28 — Renumbered § 45C]
• § 280 — Repealed. Pub. L. 99–514, title VIII, § 803(b)(2)(A) , Oct. 22, 1986 , 100 Stat. 2355 ]
• § 2801 — Imposition of tax
• § 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
• § 280D — Repealed. Pub. L. 100–418, title I, § 1941(b)(4)(A) , Aug. 23, 1988 , 102 Stat. 1324 ]
• § 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
• § 29 — Renumbered § 45K]
• § 291 — Special rules relating to corporate preference items
• § 3 — Tax tables for individuals
• § 30 — Repealed. Pub. L. 113–295, div. A, title II, § 221(a)(2)(A) , Dec. 19, 2014 , 128 Stat. 4037 ]
• § 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
• § 30A — Repealed. Pub. L. 115–141, div. U, title IV, § 401(d)(1)(B) , Mar. 23, 2018 , 132 Stat. 1206 ]
• § 30B — Alternative motor vehicle credit
• § 30C — Alternative fuel vehicle refueling property credit
• § 30D — Clean vehicle credit
• § 31 — Tax withheld on wages
• § 3101 — Rate of tax
• § 3102 — Deduction of tax from wages
• § 311 — Taxability of corporation on distribution
• § 3111 — Rate of tax
• § 3112 — Instrumentalities of the United States
• § 3113 — Repealed. Pub. L. 94–455, title XIX, § 1903(a)(2) , Oct. 4, 1976 , 90 Stat. 1806 ]
• § 312 — Effect on earnings and profits
• § 3121 — Definitions
• § 3122 — Federal service
• § 3123 — Deductions as constructive payments
• § 3124 — Estimate of revenue reduction
• § 3125 — Returns in the case of governmental employees in States, Guam, American Samoa, and the District of Columbia
• § 3126 — Return and payment by governmental em­ployer
• § 3127 — Exemption for employers and their employees where both are members of religious faiths opposed to participation in Social Security Act programs
• § 3128 — Short title
• § 3131 — Credit for paid sick leave
• § 3132 — Payroll credit for paid family leave
• § 3133 — Special rule related to tax on employers
• § 3134 — Employee retention credit for employers subject to closure due to COVID–19
• § 316 — Dividend defined
• § 317 — Other definitions
• § 318 — Constructive ownership of stock
• § 32 — Earned income
• § 3201 — Rate of tax
• § 3202 — Deduction of tax from compensation
• § 3211 — Rate of tax
• § 3212 — Determination of compensation
• § 3221 — Rate of tax
• § 3231 — Definitions
• § 3232 — Court jurisdiction
• § 3233 — Short title
• § 3241 — Determination of tier 2 tax rate based on average account benefits ratio
• § 33 — Tax withheld at source on nonresident aliens and foreign corporations
• § 3301 — Rate of tax
• § 3302 — Credits against tax
• § 3303 — Conditions of additional credit allowance
• § 3304 — Approval of State laws
• § 3305 — Applicability of State law
• § 3306 — Definitions
• § 3307 — Deductions as constructive payments
• § 3308 — Instrumentalities of the United States
• § 3309 — State law coverage of services performed for nonprofit organizations or governmental entities
• § 331 — Gain or loss to shareholder in corporate liquidations
• § 3310 — Judicial review
• § 3311 — Short title
• § 332 — Complete liquidations of subsidiaries
• § 3321 — Imposition of tax
• § 3322 — Definitions
• § 3323 — Omitted]
• § 333 — Repealed. Pub. L. 99–514, title VI, § 631(e)(3) , Oct. 22, 1986 , 100 Stat. 2273 ]
• § 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
• § 34 — Certain uses of gasoline and special fuels
• § 3401 — Definitions
• § 3402 — Income tax collected at source
• § 3403 — Liability for tax
• § 3404 — Return and payment by governmental employer
• § 3405 — Special rules for pensions, annuities, and certain other deferred income
• § 3406 — Backup withholding
• § 341 — Repealed. Pub. L. 108–27, title III, § 302(e)(4)(A) , May 28, 2003 , 117 Stat. 763 ]
• § 342 — Repealed. Pub. L. 94–455, title XIX, § 1901(a)(47) , Oct. 4, 1976 , 90 Stat. 1772 ]
• § 3451 to 3456 — Repealed. Pub. L. 98–67, title I, § 102(a) , Aug. 5, 1983 , 97 Stat. 369 ]
• § 346 — Definition and special rule
• § 35 — Health insurance costs of eligible individuals
• § 3501 — Collection and payment of taxes
• § 3502 — Nondeductibility of taxes in computing taxable income
• § 3503 — Erroneous payments
• § 3504 — Acts to be performed by agents
• § 3505 — Liability of third parties paying or providing for wages
• § 3506 — Individuals providing companion sitting placement services
• § 3507 — Repealed. Pub. L. 111–226, title II, § 219(a)(1) , Aug. 10, 2010 , 124 Stat. 2403 ]
• § 3508 — Treatment of real estate agents and direct­ sellers
• § 3509 — Determination of employer’s liability for certain employment taxes
• § 351 — Transfer to corporation controlled by transferor
• § 3510 — Coordination of collection of domestic service employment taxes with collection of income taxes
• § 3511 — Certified professional employer organizations
• § 3512 — Treatment of certain persons as employers with respect to motion picture projects
• § 354 — Exchanges of stock and securities in certain reorganizations