taxable year
Defined in 2 dictionaries — Case Law, U.S. Code
Definitions from Case Law
From 293 U.S. 121 - Helvering v. Morgan's, Inc. · 1934Most cited · 422 citing opinions
Where the return is for a period of less than twelve months, the year of which it is a fractional part is the annual accounting period of the taxpayer, which is his taxable year.
United States Code
26 U.S.C. § 3507 — under this section
The term “taxable year” means the last taxable year of the employee under subtitle A beginning in the calendar year in which the wages are paid.
26 U.S.C. § 441 — for purposes of this subtitle (2 versions over time)
For purposes of this subtitle, the term “taxable year” means—
(1) the taxpayer's annual accounting period, if it is a calendar year or a fiscal year;
(2) the calendar year, if subsection (g) applies;
(3) the period for which the return is made, if a return is made for a period of less than 12 months; or
(4) in the case of a DISC filing a return for a period of at least 12 months, the period determined under subsection (h).
26 U.S.C. § 7701 — in this title
The term “taxable year” means the calendar year, or the fiscal year ending during such calendar year, upon the basis of which the taxable income is computed under subtitle A. “Taxable year” means, in the case of a return made for a fractional part of a year under the provisions of subtitle A or under regulations prescribed by the Secretary, the period for which such return is made.