disputable item
Defined in 1 place of the United States Code.
The term “disputable item” means any item of income, gain, loss, deduction, or credit if the taxpayer—
(i) has a reasonable basis for its treatment of such item, and
(ii) reasonably believes that the Secretary also has a reasonable basis for disallowing the taxpayer's treatment of such item.
Source
- 2005–present26 U.S.C. § 6603Internal Revenue Code · Deposits made to suspend running of interest on potential underpayments, etc. · in this section