excess credit amount
Defined in 1 place of the United States Code.
For purposes of subparagraph (A)(ii), the term “excess credit amount” means the excess of—
(I) the credit amount for any mortgage credit certificate program, over
(II) the amount which would have been the credit amount for such program had such program met the requirements of paragraph (2) of subsection (d).
Source
- 1994–present26 U.S.C. § 25Internal Revenue Code · Interest on certain home mortgages · for purposes of this section