modified taxable income

(3) Modified taxable income defined For purposes of this subsection the term “modified taxable income” means, with respect to any period, the gross income for such period minus the deductions allowed by this chapter for such period (but, in the case of a short period, only the adjusted amount of the deductions for personal exemptions).


26 USC § 443(b)(3)

Scoping language

For purposes of this subsection
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