prorated amounts
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 805 — for purposes of this part (2 versions over time)
For purposes of this subparagraph, the term “prorated amounts” means tax-exempt interest, the increase for the taxable year in policy cash values (within the meaning of subparagraph (F)) of life insurance policies and annuity and endowment contracts to which section 264(f) applies, and dividends other than 100 percent dividends.
26 U.S.C. § 832 — in this section (2 versions over time)
The term “prorated amounts” means tax-exempt interest and dividends with respect to which a deduction is allowable under section 243 or 245 (other than 100 percent dividends).