applicable payment
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 50 — under this chapter
For purposes of this paragraph, the term “applicable payment” means, with respect to any taxable year, a payment or payments described in section 7701(a)(51)(D)(i)(II).
26 U.S.C. § 7519 — for purposes of this section
The term “applicable payment” means amounts paid by a partnership or S corporation which are includible in gross income of a partner or shareholder.