adjusted taxable income

(8) Adjusted taxable income For purposes of this subsection, the term “adjusted taxable income” means the taxable income of the taxpayer— (A) computed without regard to— (i) any item of income, gain, deduction, or loss which is not properly allocable to a trade or business, (ii) any business interest or business interest income, (iii) the amount of any net operating loss deduction under section 172, (iv) the amount of any deduction allowed under section 199A, and (v) in the case of taxable years beginning before January 1, 2022 , any deduction allowable for depreciation, amortization, or depletion, and (B) computed with such other adjustments as provided by the Secretary.


26 USC § 163(j)(8)

Scoping language

For purposes of this subsection
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