elected farm income
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 1301 — in this section (2 versions over time)
The term “elected farm income” means so much of the taxable income for the taxable year—
(i) which is attributable to any farming business or fishing business; and
(ii) which is specified in the election under subsection (a).