§ 1.30-1 Definition of qualified electric vehicle and recapture of credit for qualified electric vehicle
§ 1.31-1 Credit for tax withheld on wages
§ 1.31-2 Credit for “special refunds” of employee social security tax
§ 1.32-2 Earned income credit for taxable years beginning after December 31, 1978
§ 1.32-3 Eligibility requirements after denial of the earned income credit
§ 1.34-1 Special rule for owners of certain business entities
§ 1.35-1 Partially tax-exempt interest received by individuals
§ 1.35-2 Taxpayers not entitled to credit
§ 1.36B-0 Table of contents
§ 1.36B-1 Premium tax credit definitions
§ 1.36B-2 Eligibility for premium tax credit
§ 1.36B-3 Computing the premium assistance credit amount
§ 1.36B-4 Reconciling the premium tax credit with advance credit payments
§ 1.36B-5 Information reporting by Exchanges
§ 1.36B-6 Minimum value
§ 1.37-1 General rules for the credit for the elderly
§ 1.37-2 Credit for individuals age 65 or over
§ 1.37-3 Credit for individuals under age 65 who have public retirement system income
§ 1.38-1 Investment in certain depreciable property
§ 1.40-1 Questions and answers relating to the meaning of the term “qualified mixture” in section 40(b)(1)
§ 1.41-0 Table of contents
§ 1.41-1 Credit for increasing research activities
§ 1.41-2 Qualified research expenses
§ 1.41-3 Base amount for taxable years beginning on or after January 3, 2001
§ 1.41-4 Qualified research for expenditures paid or incurred in taxable years ending on or after December 31, 2003
§ 1.41-4A Qualified research for taxable years beginning before January 1, 1986
§ 1.41-5A Basic research for taxable years beginning before January 1, 1987
§ 1.41-6 Aggregation of expenditures
§ 1.41-7 Special rules
§ 1.41-8 Alternative incremental credit applicable for taxable years beginning on or before December 31, 2008
§ 1.41-9 Alternative simplified credit
§ 1.42-0 Table of contents
§ 1.42-0T Table of contents
§ 1.42-1 Limitation on low-income housing credit allowed with respect to qualified low-income buildings receiving housing credit allocations from a State or local housing credit agency
§ 1.42-1T Limitation on low-income housing credit allowed with respect to qualified low-income buildings receiving housing credit allocations from a State or local housing credit agency (temporary)
§ 1.42-3 Treatment of buildings financed with proceeds from a loan under an Affordable Housing Program established pursuant to section 721 of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA)
§ 1.42-4 Application of not-for-profit rules of section 183 to low-income housing credit activities
§ 1.42-5 Monitoring compliance with low-income housing credit requirements
§ 1.42-6 Buildings qualifying for carryover allocations
§ 1.42-8 Election of appropriate percentage month
§ 1.42-9 For use by the general public
§ 1.42-10 Utility allowances
§ 1.42-11 Provision of services
§ 1.42-12 Effective dates and transitional rules
§ 1.42-13 Rules necessary and appropriate; housing credit agencies’ correction of administrative errors and omissions
§ 1.42-14 Allocation rules for post-2000 State housing credit ceiling amount
§ 1.42-15 Available unit rule
§ 1.42-16 Eligible basis reduced by federal grants
§ 1.42-17 Qualified allocation plan
§ 1.42-18 Qualified contracts
§ 1.42-19 Average income test
§ 1.42-19T Average income test (temporary)
§ 1.42A-1 General tax credit for taxable years ending after December 31, 1975, and before January 1, 1979
§ 1.43-0 Table of contents
§ 1.43-1 The enhanced oil recovery credit–general rules
§ 1.43-2 Qualified enhanced oil recovery project
§ 1.43-3 Certification
§ 1.43-4 Qualified enhanced oil recovery costs
§ 1.43-6 Election out of section 43
§ 1.43-7 Effective date of regulations
§ 1.44-1 Allowance of credit for purchase of new principal residence after March 12, 1975, and before January 1, 1977
§ 1.44-2 Property to which credit for purchase of new principal residence applies
§ 1.44-3 Certificate by seller
§ 1.44-4 Recapture for certain dispositions
§ 1.44-5 Definitions
§ 1.44B-1 Credit for employment of certain new employees

Terms Used In CFR > Title 26 > Chapter I > Subchapter A > Part 1 > credits allowable under sections 30 through 45D

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Baseline: Projection of the receipts, outlays, and other budget amounts that would ensue in the future without any change in existing policy. Baseline projections are used to gauge the extent to which proposed legislation, if enacted into law, would alter current spending and revenue levels.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Continuance: Putting off of a hearing ot trial until a later time.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • corporation: includes associations, joint-stock companies, and insurance companies. See 26 CFR 36.3121(l)(1)-1
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Decedent: A deceased person.
  • Dependent: A person dependent for support upon another.
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • domestic: when applied to a corporation * * * means created or organized in the United States or under the law of the United States or of any State or Territory. See 26 CFR 36.3121(l)(1)-1
  • Embezzlement: In most states, embezzlement is defined as theft/larceny of assets (money or property) by a person in a position of trust or responsibility over those assets. Embezzlement typically occurs in the employment and corporate settings. Source: OCC
  • Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Executor: A male person named in a will to carry out the decedent
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Fiduciary: A trustee, executor, or administrator.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • foreign: when applied to a corporation * * * means a corporation * * * which is not domestic. See 26 CFR 36.3121(l)(1)-1
  • Fraud: Intentional deception resulting in injury to another.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Grace period: The number of days you'll have to pay your bill for purchases in full without triggering a finance charge. Source: Federal Reserve
  • Grantor: The person who establishes a trust and places property into it.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Legacy: A gift of property made by will.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Mortgagee: The person to whom property is mortgaged and who has loaned the money.
  • Oath: A promise to tell the truth.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Personal property: All property that is not real property.
  • Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.
  • Quorum: The number of legislators that must be present to do business.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Right of survivorship: The ownership rights that result in the acquisition of title to property by reason of having survived other co-owners.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Statute: A law passed by a legislature.
  • stock: includes shares in an association, joint-stock company, or insurance company. See 26 CFR 36.3121(l)(8)-1
  • Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
  • Trustee: A person or institution holding and administering property in trust.