IN! » Income Tax——·C\mtinucd 1 1ncomcs——Coniinued . Earned DUI income. definition, p. 813. § 940 (:13): p. · 1980, § 940 (a3)- . - Y _ . Inventory to determine amount. power of commissioner to `l`€t]ill1`6. p. 812, § 936; p. 1978, § 936 Individual incomes . Normal lax, p. 814, § 951: p. 1980, § 951 1 .Surtax, p. 814, § 952 (a) ; p. 1980, Q 952 (a) Inheritances exemption from tax, p. 815, §, 954 (b3) ;p. 1982, §954 (h3) ‘ . - °° , _ _ Installment inethodof payment, p. 829, ·§ 1042; p. 1997, § 1042 ' Insurance e _ I _ , _- Accident and health insurance money. exemption from 1 tax, p. 816, § 954 (b6) : p, 1982,§ 954 (b6) —` ( Life. insurance money, exemption from `tax, p. 815, (
- · § 954 (b1`);·p. 1982, § 954 (bl) ·_ l l
Premiums on,life}`insurance returned to insured, ex-! ` emption from tax, p. 815, § 954 (b1) ; p`, 1982, § 954 1 · (bl) ’ - I ° ' Insurance companies _ Q_ _ _ -· y Benevolent life associations, ..exemption` from tax, p. § 982 (10) ; p.,1990. § 982 (10) l Deductions, exemptions, and credits-allowed insurance ( acompanies, p. 826, § 1004; p. 1993, § 1004 _ · l Deductions, in computing net income, p. 824, § 986 1 (9411) ; p._1991, § 986 (9¥11) · 1 Farmers’·mutual hail,·cyclone, and tire companies, cx-Q ,empt_ion from tax, p. 823, § 983 J Gross income life insurance companies, 8%, § I 1003; p". 1993, § 1003_~ . - _ Gross income of other than life and mutual companies. p. 826, § 1006;_p. 1994: § 1006 _ 1 _Investment income, p. 826, §·`1006; p. 1994, §_1006· Life insurance companies, definition, p. 826, § 1002;Ip. _ 1993, §’1002 `- ? _ - . ·‘Mutual companies, exemption from tax, p. 823, § ‘ 982 (10) ; p. 1990, Q 982 (10) _ · · . Mutual hail, cyclone, and. are companies, exemption from tax, p. 823. S 983 t ` Net income,.p. 826, § 1004; p. 1994, _Q 1004 Net income of other than life and mutual companies, rp. 826, $,1006; p. 1994, §_1006` Taxes imposed in lieu of other taxes, p. 826. 5 1001; p. 1993, Q 1001 · 4 _ ' ·` 1 Interest A , Ileduction of interest paid or accrued in computing net 1 income of corporation, p. 823, Q 986 (2).; p. 1991, Q" 936 (2)* · . R . . . l Deductions from gross income in computing net income. p. 816, ‘§ 955; p. 1983, Q 955 . Dcilclency in tak, interest on, p. 830, Q 1053; p._ 1999, l Q1053 l M ‘ ·· — 3 Dellnquent taxes, p. 831, K ,1056:1 2000, Q 1056- ( Inventories. requirement to determine income of taxpayer, p.· 812,"§ 936; p..1978,' Q'936 Q . J udaes. salaries as part of gross income, p. 815, Q 954; p. i 1981, Q 954 1 ` — c i Labor.or7ganlza·tions exempt from tax, p. 822, Q 982 (1) ; p. 1990,§982(1)' .` ‘ -¤ _ ’· Legacies, exemption from tax. p. 815, Q 954 (b3) ; p. 1982, 1 "§·954(b3) 4 ,. _ ’, · " Lessees, returns as to rents paid, p.‘82‘7,j| 10%; p. 1995,* Q 102:; _ · ‘ ·~ _ · License of collectors offoreign payments of interests and l _ dividends. ‘p. 828, Q 1027 ; p. 1996, Q 1027 * . l `Life insurance 'companies, sec Insurance companies, supra j
mx 2276 Income Tax-—Continued g Life insurance money not included in gross income. p. R13, § 954 (l>1);·p. 1982, 5 om (1,1) ‘ Life insurance premiums returned to insured not inclndotl in-gross income, p. 815, § 954 (b2) ; p. 1982, § 954 (hz.); _ Literary organizations, eltemption from tax, p. 822, § 982 (6) ; D. /1990, § 982__(6) Local associations of employeeé, exemption from tax. p, /822, § 982 (8) 2 D. 1990,‘§ 982 (8) 8 Losses, see Gains and losoes, supra Mines [ r - .Allowance `for depletion and depre<·iati‘on.. p. 817. § · 955 (a9)·; p; 1983, § 955 (a9) - V Deduction of depletion and `depreciation in 'compntinle °net income of corporation, p. 821, § 986 (8) ; p. 1991, § 936 (8) - . · ~ Mortgngors, returns as to interest paid, p. 827. § 1023; p, 1995, § 1023 . , '_ . Mutual benefit societies. exemption from tax. p. 822.. § ‘ _ -982 (3) : p. 1990, `§ 982 (3) — · , Mutual savingo banks,. 'cxemptioni from tax, p.- 822. § 982 (2); p. 1990, § 982*(2) ‘ . _ National farm loan _:nssociatione=, exemption from tax. p. .` 823. § 982 (13) ; .p. 1990, §_·‘982 (13) Net income of corporations l ('omputation, p. 823, °§ 98-1 - ‘Insurance.con1pan`ics other than life` and mutual. p. ‘ . 826, § 1006; p. 1994, § 1006 - A Life insurance companies, p; § 1091:_p, 199-1, § ltilrt " Ordinary net income.? p. 813, 5 939 (7); of 1979. ooo (7) _ " ‘ “ Net incoxne of individuals 9 . . ` Computation. p. 815, § 953; p. 816, § 955; p. 1981. §§ 953%. I 953a; p. 1983,—§ 955`T D. 1990. § 984 ‘ Deductions allowed, p.`816, § 955; p. 1983,·§ 955 Earned income, see Earned net income. supra " Ordinary net inconie,°’ p. 813, § 939 (7)* Partnerships, computation of — net income, p. 819, § 959 (c) Z D. 1986l § 959 (c) · Normal-tax . · _- _Credi_ts allowed, p.. 817, § 957: p._1984, 957 _ · Rate on individual incomes, p. 814, § 951; p.e1980.__§ 951 A Olgsolescence of property _ · . _ · Deduction, in computing not income of corporation. p. ,82-.1, ,§ 988 (7)-; p. 1991, § 986 (7) i h _. e Deduction in computing net income of individuals, p. 817} § 955 (`a8) ;'p. 1983, ·§ 955 (a8) _ - Oil Wells » · _ _ _ ' Allovsjance for depletion and depreciation, p. § 993 (59) 3 D» 1983. 5 %5 (H9) . , ‘ ~ A » Allowance for depletion ln computing net income of ° “E corporation, p. 824, § 986 (8) ; p. 1991, § (8) _ Operation ot revenue laws throughout United States, p. 84:;. . ,.§117’8- ,. ·, _‘v Q " Ordinary deductions,"‘ dennltion, p. 813, § 939 (4); p. · .1979, I 939 (4) . · _ " . "Ordinary·net gain," dednltion, p. 813, § 939 (7 ) : D. 1979. oesemit » . i t ` Organizations exempt from tax, p. 822, 5 ,982; p. 1990. " e 5 982 { _ e · ‘ _ 8 -"Pald or, incurred," " paid or acerued," definition, p., 800. · Q §931(d);p.1976,§931(d) ·` ~. ·’ ‘ ennnerenipa Computation of net income, pI 819, § 959 (c) ; p. 1986. I 959 (c) . ._ · . . _ ‘
“Credits allowed to partners, p. 819, 5 959 (b)‘; p. 1986;
· 5 ooo, on e ’ le
