specified taxpayer
Defined in 2 places of the United States Code.
For purposes of this paragraph, the term “specified taxpayer” means any taxpayer who has been allowed a credit under section 48E(a) for any taxable year beginning after the date which is 2 years after the date of enactment of this paragraph.
Source
- 2025–present26 U.S.C. § 50Internal Revenue Code · Other special rules · under this chapter
The term “specified taxpayer” means—
(I) in the case of any taxpayer who is a natural person, a taxpayer whose adjusted gross income does not exceed $400,000 for the taxable year to which the dispute relates, and
(II) in the case of any other taxpayer, a taxpayer whose gross receipts do not exceed $5 million for the taxable year to which the dispute relates.
Source
- 2019–present26 U.S.C. § 7803Internal Revenue Code · Commissioner of Internal Revenue; other officials · in this section