income percentage
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 143 — for purposes of this section (6 versions over time)
The term “income percentage” means the percentage (but not greater than 100 percent) which—
(i) the excess of—
(I) the modified adjusted gross income of the taxpayer for the taxable year in which the disposition occurs, over
(II) the adjusted qualifying income for such taxable year, bears to
(ii) $5,000.