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nondeductible limit

Defined in 1 dictionary — U.S. Code

United States Code

26 U.S.C. § 408 — for purposes of this section

The term “nondeductible limit” means the excess of—

(I) the amount allowable as a deduction under section 219 (determined without regard to section 219(g)), over

(II) the amount allowable as a deduction under section 219 (determined with regard to section 219(g)).