 (a) GENERAL RULE.— In the case of an individual, there shall be allowed, as a credit against the tax imposed by this. chapter for the taxable year, an amount equal to...  United States Code - Page 41by United States - 1988Full view - About this book
 | United States. Congress. Senate. Committee on Labor and Public Welfare - 1963 - 1564 pages
...39. REAL PROPERTY TAXES PAID FOR SUPPORT OF PUBLIC EDUCATION. "(a) GENERAL RULE. — There shall l>e allowed as a credit against the tax imposed by this...chapter for the taxable year an amount equal to the taxes on real property paid or accrued during the taxable year which are imposed for the support of... | |
 | United States. Internal Revenue Service - 1978 - 372 pages
..."SEC. 44C. RESIDENTIAL ENERGY CREDIT. 26 USC 44C. "(a) GENERAL RULE. — In the case of an individual, there shall be allowed as a credit against the tax...year an amount equal to the sum of — " ( 1 ) the qualified energy conservation expenditures, plus " (2) the qualified renewable energy source expenditures,... | |
 | United States. Tax Court - 1969 - 1116 pages
...the case of an Individual who has received earned Income before the beginning of the taxable year, there shall be allowed as a credit against the tax...this chapter for the taxable year an amount equal to 17 percent, In the case of a taxable year beginning In 1964, or 15 percent, In the case of a taxable... | |
 | United States. Internal Revenue Service - 1975 - 652 pages
...44. Purchase of new principal residence — (a) General rule. In the case of an individual there is allowed, as a credit against the tax imposed by this chapter for the taxable year, an amount equal to 5 percent of the purchase price of a new principal residence purchased or constructed by the taxpayer.... | |
 | United States. Tax Court - 1979 - 1352 pages
...44. PURCHASE OF NEW PRINCIPAL RESIDENCE. (a) GENERAL RULE.— In the case of an individual there is allowed, as a credit against the tax imposed by this chapter for the taxable year, an amount equal to 5 percent of the purchase price of a new principal residence purchased or constructed by the taxpayer.... | |
 | United States. Internal Revenue Service - 1976 - 624 pages
...in 1975. Sec. 42. Credit for personal exemptions — (a) General rule. In the case of an individual, there shall be allowed as a credit against the tax imposed by this chapter for the taxable year $30, multiplied by each exemption for which the taxpayer is entitled for the taxable year under subsection... | |
 | United States. Congress. Senate. Committee on Finance - 1969 - 1876 pages
...41. EXPENSE OF HIGHER EDUCATION. "(a) GENERAL RULE. — There shall be allowed to an individual, as a credit against the tax imposed by this chapter for the taxable year, an amount, determined under subsection (b), of the expenses of higher education paid by him during the taxable... | |
 | United States. Internal Revenue Service - 1978 - 668 pages
...and if the conditions of both subparagraph (A) and subparagraph (B) of paragraph (2) are satisfied, there shall be allowed as a credit against the tax imposed by this chapter an amount equal to the portion of the tax which is attributable to the sum of— "(A) the taxable income,... | |
 | United States. Internal Revenue Service - 1977
...following new section: "SEC. 44B. CREDIT FOR EMPLOYMENT OF CERTAIN NEW EMPLOYEES. "(a) GENERAL RULE.— There shall be allowed as a credit against the tax imposed by this chapter the amount determined under subpart D of this part. "(b) REGULATIONS. — The Secretary shall prescribe... | |
| |
