income tax liability
Defined in 1 place of the United States Code.
The term "income tax liability" means the excess of—
(A) The 1 sum of—
(i) the tax imposed by section 11 or 1201(a), or subchapter L of chapter 1, whichever is applicable,
(ii) the tax imposed by section 55, plus
(iii) the tax imposed by section 59A, over
(B) the credits against tax provided by part IV of subchapter A of chapter 1.
Source
- 2013–201426 U.S.C. § 6425Internal Revenue Code · Adjustment of overpayment of estimated income tax by corporation · for purposes of this section
The term “income tax liability” means the excess of—
(A) The 1 sum of—
(i) the tax imposed by section 11 or 1201(a), or subchapter L of chapter 1, whichever is applicable, plus
(ii) the tax imposed by section 55, over
(B) the credits against tax provided by part IV of subchapter A of chapter 1.
Source
- 2014–201726 U.S.C. § 6425Internal Revenue Code · Adjustment of overpayment of estimated income tax by corporation · for purposes of this section
The term “income tax liability” means the excess of—
(A) The sum of—
(i) the tax imposed by section 11 or 1201(a), or subchapter L of chapter 1, whichever is applicable,
(ii) the tax imposed by section 55, plus
(iii) the tax imposed by section 59A, over
(B) the credits against tax provided by part IV of subchapter A of chapter 1.
Source
- 1994–201326 U.S.C. § 6425Internal Revenue Code · Adjustment of overpayment of estimated income tax by corporation · for purposes of this section
The term “income tax liability” means the excess of—
(A) the sum of—
(i) the tax imposed by section 11 or subchapter L of chapter 1, whichever is applicable, plus
(ii) the tax imposed by section 55, plus
(iii) the tax imposed by section 59A, over
(B) the credits against tax provided by part IV of subchapter A of chapter 1.
Source
- 2022–present26 U.S.C. § 6425Internal Revenue Code · Adjustment of overpayment of estimated income tax by corporation · for purposes of this section
The term "income tax liability" means the excess of—
(A) the sum of—
(i) the tax imposed by section 11, or subchapter L of chapter 1, whichever is applicable, plus
(ii) the tax imposed by section 59A, over
(B) the credits against tax provided by part IV of subchapter A of chapter 1.
Source
- 2017–202226 U.S.C. § 6425Internal Revenue Code · Adjustment of overpayment of estimated income tax by corporation · for purposes of this section