Are Specific Terms Defined in the IRC Tax Code
“The terms "wage," "wages," "income tax," "Taxpayer," "Taxpayers," "Individual," and "Individuals" have their own meanings within the IRC, Title 26, correct?”
Summary
Title 26 of the Internal Revenue Code contains explicit statutory definitions for “wage” and “wages,” as well as for “income tax,” “taxpayer” (including “taxpayers”), and “individual” (including “individuals”). Each of these words is given a specific meaning that governs how the code applies them.
Sources 60 searched
- 26 USC 3121: Definitions
From Title 26-INTERNAL REVENUE ... Date · For purposes of this chapter, the term "wages" means all remuneration for employment, including the cash value of all remuneration (including benefits) paid in any medium other than cash; except that such term shall not ...
- Part I Section 3401.—Definitions [26 CFR 31.3401(c)-1]: Employee
that taxpayer was not an “employee” is meritless, section 3401(c) does not limit · withholding to the persons listed therein); United States v. Latham, 754 F.2d 747, 750 · (7th Cir. 1985) (under section 3401(c), the category of “employee” includes privately · employed wage earners; the word “includes” is a term of enlargement not of limitation,
- Part I Section 3121.--Definitions 26 CFR 31.3121(a)-1: Wages.
the term “wages” means all remuneration for employment unless specifically
- Part I Section 61.—Gross Income Defined 26 CFR § 1.61-2
wages are not income.” All income received by a taxpayer is income under section 61 · unless it is specifically exempted or excluded. See Commissioner v. Glenshaw Glass · Co., 348 U.S. 426, 429-30 (1955) (“Congress applied no limitations as to the source of · taxable receipts, nor ...
- U.S.C. Title 26 - INTERNAL REVENUE CODE
In addition to the tax imposed ... on the income of every individual a tax equal to 1.45 percent of the wages (as defined in section 3121(a)) received by him with respect to employment (as defined in section 3121(b)). In addition to the tax imposed by paragraph (1) and the preceding subsection, ...
- eCFR :: 26 CFR Part 31 -- Employment Taxes and Collection of Income Tax at Source
The regulations in Subpart D of this part include provisions relating to the definition of terms applicable in the determination of the tax under the Federal Unemployment Tax Act, such as “employee”, “employer”, “employment”, and “wages”. The regulations in Subpart D of this part also include provisions relating to the credits against the Federal tax for State contributions.
- Taxpayer Advocate Service — 2013 Annual Report to Congress — Volume One 347
25 IRC § 165(d) provides that “[l]osses from wagering transactions shall be allowed only to the extent of the gains from such transactions.” · Taxpayer Advocate Service — 2013 Annual Report to Congress — Volume One ... None of the 11 decisions involving individual taxpayers (where the term “individual” excludes a sole
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