undistributed earnings

(2) Undistributed earnings The term “undistributed earnings” means, with respect to any qualified electing fund, the excess (if any) of— (A) the amount includible in gross income by reason of section 1293(a) for the taxable year, over (B) the amount not includible in gross income by reason of section 1293(c) for such taxable year.

Source

26 USC § 1294(b)(2)


Scoping language

None identified. Default scope is assumed to be the entire title.
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