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Trade and business deductions

The deductions allowed by this chapter (other than by part VII of this subchapter) which are attributable to a trade or business carried on by the taxpayer, if such trade or business does not consist of the performance of services by the taxpayer as an employee.

in view

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▸rulespec code

Shown source

statutes/26/62.yaml

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Rules

adjusted_gross_income

Derived

source: 26 USC 62(a)

- name: adjusted_gross_income
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 62(a)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/26/62
            excerpt: adjusted gross income means ... gross income minus the following deductions
  versions:
    - effective_from: '1990-01-01'
      formula: max(0, gross_income - deductions_described_in_subsection_a)

qualified_performing_artist_minimum_employer_count

Parameter

source: 26 USC 62(b)(1)(A)

- name: qualified_performing_artist_minimum_employer_count
  kind: parameter
  dtype: Count
  source: 26 USC 62(b)(1)(A)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/26/62
            excerpt: for at least 2 employers
  versions:
    - effective_from: '1990-01-01'
      formula: '2'

qualified_performing_artist_expense_gross_income_rate

Parameter

source: 26 USC 62(b)(1)(B)

- name: qualified_performing_artist_expense_gross_income_rate
  kind: parameter
  dtype: Rate
  source: 26 USC 62(b)(1)(B)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/26/62
            excerpt: exceeds 10 percent of such individual’s gross income
  versions:
    - effective_from: '1990-01-01'
      formula: '0.10'

qualified_performing_artist_agi_limit

Parameter

source: 26 USC 62(b)(1)(C)

- name: qualified_performing_artist_agi_limit
  kind: parameter
  dtype: Money
  unit: USD
  source: 26 USC 62(b)(1)(C)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us/statute/26/62
            excerpt: does not exceed $16,000
  versions:
    - effective_from: '1990-01-01'
      formula: '16000'

qualified_performing_artist_nominal_employer_receipts_floor

Parameter

source: 26 USC 62(b)(2)

- name: qualified_performing_artist_nominal_employer_receipts_floor
  kind: parameter
  dtype: Money
  unit: USD
  source: 26 USC 62(b)(2)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us/statute/26/62
            excerpt: from such employer ... equals or exceeds $200
  versions:
    - effective_from: '1990-01-01'
      formula: '200'

eligible_educator_minimum_school_hours

Parameter

source: 26 USC 62(d)(1)(A)

- name: eligible_educator_minimum_school_hours
  kind: parameter
  dtype: Count
  source: 26 USC 62(d)(1)(A)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/26/62
            excerpt: for at least 900 hours during a school year
  versions:
    - effective_from: '1990-01-01'
      formula: '900'

eligible_educator_expense_base_cap

Parameter

source: 26 USC 62(a)(2)(D), 26 USC 62(d)(3)

- name: eligible_educator_expense_base_cap
  kind: parameter
  dtype: Money
  unit: USD
  source: 26 USC 62(a)(2)(D), 26 USC 62(d)(3)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us/statute/26/62
            excerpt: expenses, not in excess of $250
  versions:
    - effective_from: '1990-01-01'
      formula: '250'

eligible_educator_expense_cap_rounding_multiple

Parameter

source: 26 USC 62(d)(3)

- name: eligible_educator_expense_cap_rounding_multiple
  kind: parameter
  dtype: Money
  unit: USD
  source: 26 USC 62(d)(3)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us/statute/26/62
            excerpt: rounded to the nearest multiple of $50
  versions:
    - effective_from: '1990-01-01'
      formula: '50'

eligible_educator

Derived

source: 26 USC 62(d)

- name: eligible_educator
  kind: derived
  entity: Person
  dtype: Judgment
  period: Year
  source: 26 USC 62(d)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: definition
          source:
            corpus_citation_path: us/statute/26/62
            excerpt: >-
              eligible educator means ... a kindergarten through grade 12 teacher, instructor,
              counselor, principal, or aide in a school for at least 900 hours
        - path: versions[0].formula
          kind: import
          import:
            target: us:statutes/26/62#eligible_educator_minimum_school_hours
            output: eligible_educator_minimum_school_hours
            hash: sha256:local
  versions:
    - effective_from: '1990-01-01'
      formula: |-
        individual_is_kindergarten_through_grade_12_teacher_instructor_counselor_principal_or_aide
        and individual_serves_in_school
        and hours_in_school_during_school_year >= eligible_educator_minimum_school_hours

eligible_educator_expense_cap_after_inflation_adjustment

Derived

source: 26 USC 62(d)(3)

- name: eligible_educator_expense_cap_after_inflation_adjustment
  kind: derived
  entity: Person
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 62(d)(3)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/26/62
            excerpt: >-
              $250 amount ... increased ... by the cost-of-living adjustment ... rounded to the
              nearest multiple of $50
        - path: versions[0].formula
          kind: import
          import:
            target: us:statutes/26/62#eligible_educator_expense_base_cap
            output: eligible_educator_expense_base_cap
            hash: sha256:local
        - path: versions[0].formula
          kind: import
          import:
            target: us:statutes/26/62#eligible_educator_expense_cap_rounding_multiple
            output: eligible_educator_expense_cap_rounding_multiple
            hash: sha256:local
  versions:
    - effective_from: '1990-01-01'
      formula: |-
        eligible_educator_expense_base_cap
        + (
            floor(
                (
                    (eligible_educator_expense_base_cap * cost_of_living_adjustment_for_eligible_educator_expense_cap)
                    / eligible_educator_expense_cap_rounding_multiple
                )
                + (1 / 2)
            )
            * eligible_educator_expense_cap_rounding_multiple
        )

eligible_educator_expenses_allowable_above_the_line

Derived

source: 26 USC 62(a)(2)(D), 26 USC 62(d)

- name: eligible_educator_expenses_allowable_above_the_line
  kind: derived
  entity: Person
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 62(a)(2)(D), 26 USC 62(d)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/26/62
            excerpt: >-
              A deduction shall be allowed ... only to the extent the amount of such expenses
              exceeds the amount excludable under section 135, 529(c)(1), or 530(d)(2)
        - path: versions[0].formula
          kind: import
          import:
            target: us:statutes/26/62#eligible_educator
            output: eligible_educator
            hash: sha256:local
        - path: versions[0].formula
          kind: import
          import:
            target: us:statutes/26/62#eligible_educator_expense_cap_after_inflation_adjustment
            output: eligible_educator_expense_cap_after_inflation_adjustment
            hash: sha256:local
  versions:
    - effective_from: '1990-01-01'
      formula: >-
        if eligible_educator: min( max(0, eligible_educator_expenses -
        education_exclusions_coordination_amount),
        eligible_educator_expense_cap_after_inflation_adjustment ) else: 0

unlawful_discrimination

Derived

source: 26 USC 62(e)

- name: unlawful_discrimination
  kind: derived
  entity: Claim
  dtype: Judgment
  period: Year
  source: 26 USC 62(e)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: definition
          source:
            corpus_citation_path: us/statute/26/62
            excerpt: >-
              the term “unlawful discrimination” means an act that is unlawful under any of the
              following
  versions:
    - effective_from: '1990-01-01'
      formula: |-
        act_unlawful_under_civil_rights_act_of_1991_section_302
        or act_unlawful_under_congressional_accountability_act_listed_sections
        or act_unlawful_under_national_labor_relations_act
        or act_unlawful_under_fair_labor_standards_act
        or act_unlawful_under_age_discrimination_in_employment_act_listed_sections
        or act_unlawful_under_rehabilitation_act_listed_sections
        or act_unlawful_under_erisa_section_510
        or act_unlawful_under_title_ix_of_education_amendments
        or act_unlawful_under_employee_polygraph_protection_act
        or act_unlawful_under_worker_adjustment_and_retraining_notification_act
        or act_unlawful_under_family_and_medical_leave_act_section_105
        or act_unlawful_under_title_38_chapter_43_uniformed_services_employment_rights
        or act_unlawful_under_revised_statutes_sections_1977_1979_or_1980
        or act_unlawful_under_civil_rights_act_of_1964_listed_sections
        or act_unlawful_under_fair_housing_act_listed_sections
        or act_unlawful_under_americans_with_disabilities_act_listed_sections
        or act_unlawful_under_federal_whistleblower_protection_provision
        or act_unlawful_under_federal_state_or_local_civil_rights_or_employment_law

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us/statute/26/62/a/1 — Trade and business deductions · Axiom

Trade and business deductions

Official source

in view

Whole section

▸rulespec code

Shown source

statutes/26/62.yaml

Displaying the canonical repository encoding.

This encoding covers the parent provision us/statute/26/62; no dedicated encoding exists for this exact provision yet.

View on GitHub

Rules

adjusted_gross_income

Derived

source: 26 USC 62(a)

- name: adjusted_gross_income
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 62(a)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/26/62
            excerpt: adjusted gross income means ... gross income minus the following deductions
  versions:
    - effective_from: '1990-01-01'
      formula: max(0, gross_income - deductions_described_in_subsection_a)

qualified_performing_artist_minimum_employer_count

Parameter

source: 26 USC 62(b)(1)(A)

- name: qualified_performing_artist_minimum_employer_count
  kind: parameter
  dtype: Count
  source: 26 USC 62(b)(1)(A)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/26/62
            excerpt: for at least 2 employers
  versions:
    - effective_from: '1990-01-01'
      formula: '2'

qualified_performing_artist_expense_gross_income_rate

Parameter

source: 26 USC 62(b)(1)(B)

- name: qualified_performing_artist_expense_gross_income_rate
  kind: parameter
  dtype: Rate
  source: 26 USC 62(b)(1)(B)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/26/62
            excerpt: exceeds 10 percent of such individual’s gross income
  versions:
    - effective_from: '1990-01-01'
      formula: '0.10'

qualified_performing_artist_agi_limit

Parameter

source: 26 USC 62(b)(1)(C)

- name: qualified_performing_artist_agi_limit
  kind: parameter
  dtype: Money
  unit: USD
  source: 26 USC 62(b)(1)(C)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us/statute/26/62
            excerpt: does not exceed $16,000
  versions:
    - effective_from: '1990-01-01'
      formula: '16000'

qualified_performing_artist_nominal_employer_receipts_floor

Parameter

source: 26 USC 62(b)(2)

- name: qualified_performing_artist_nominal_employer_receipts_floor
  kind: parameter
  dtype: Money
  unit: USD
  source: 26 USC 62(b)(2)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us/statute/26/62
            excerpt: from such employer ... equals or exceeds $200
  versions:
    - effective_from: '1990-01-01'
      formula: '200'

eligible_educator_minimum_school_hours

Parameter

source: 26 USC 62(d)(1)(A)

- name: eligible_educator_minimum_school_hours
  kind: parameter
  dtype: Count
  source: 26 USC 62(d)(1)(A)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/26/62
            excerpt: for at least 900 hours during a school year
  versions:
    - effective_from: '1990-01-01'
      formula: '900'

eligible_educator_expense_base_cap

Parameter

source: 26 USC 62(a)(2)(D), 26 USC 62(d)(3)

- name: eligible_educator_expense_base_cap
  kind: parameter
  dtype: Money
  unit: USD
  source: 26 USC 62(a)(2)(D), 26 USC 62(d)(3)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us/statute/26/62
            excerpt: expenses, not in excess of $250
  versions:
    - effective_from: '1990-01-01'
      formula: '250'

eligible_educator_expense_cap_rounding_multiple

Parameter

source: 26 USC 62(d)(3)

- name: eligible_educator_expense_cap_rounding_multiple
  kind: parameter
  dtype: Money
  unit: USD
  source: 26 USC 62(d)(3)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us/statute/26/62
            excerpt: rounded to the nearest multiple of $50
  versions:
    - effective_from: '1990-01-01'
      formula: '50'

eligible_educator

Derived

source: 26 USC 62(d)

- name: eligible_educator
  kind: derived
  entity: Person
  dtype: Judgment
  period: Year
  source: 26 USC 62(d)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: definition
          source:
            corpus_citation_path: us/statute/26/62
            excerpt: >-
              eligible educator means ... a kindergarten through grade 12 teacher, instructor,
              counselor, principal, or aide in a school for at least 900 hours
        - path: versions[0].formula
          kind: import
          import:
            target: us:statutes/26/62#eligible_educator_minimum_school_hours
            output: eligible_educator_minimum_school_hours
            hash: sha256:local
  versions:
    - effective_from: '1990-01-01'
      formula: |-
        individual_is_kindergarten_through_grade_12_teacher_instructor_counselor_principal_or_aide
        and individual_serves_in_school
        and hours_in_school_during_school_year >= eligible_educator_minimum_school_hours

eligible_educator_expense_cap_after_inflation_adjustment

Derived

source: 26 USC 62(d)(3)

- name: eligible_educator_expense_cap_after_inflation_adjustment
  kind: derived
  entity: Person
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 62(d)(3)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/26/62
            excerpt: >-
              $250 amount ... increased ... by the cost-of-living adjustment ... rounded to the
              nearest multiple of $50
        - path: versions[0].formula
          kind: import
          import:
            target: us:statutes/26/62#eligible_educator_expense_base_cap
            output: eligible_educator_expense_base_cap
            hash: sha256:local
        - path: versions[0].formula
          kind: import
          import:
            target: us:statutes/26/62#eligible_educator_expense_cap_rounding_multiple
            output: eligible_educator_expense_cap_rounding_multiple
            hash: sha256:local
  versions:
    - effective_from: '1990-01-01'
      formula: |-
        eligible_educator_expense_base_cap
        + (
            floor(
                (
                    (eligible_educator_expense_base_cap * cost_of_living_adjustment_for_eligible_educator_expense_cap)
                    / eligible_educator_expense_cap_rounding_multiple
                )
                + (1 / 2)
            )
            * eligible_educator_expense_cap_rounding_multiple
        )

eligible_educator_expenses_allowable_above_the_line

Derived

source: 26 USC 62(a)(2)(D), 26 USC 62(d)

- name: eligible_educator_expenses_allowable_above_the_line
  kind: derived
  entity: Person
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 62(a)(2)(D), 26 USC 62(d)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/26/62
            excerpt: >-
              A deduction shall be allowed ... only to the extent the amount of such expenses
              exceeds the amount excludable under section 135, 529(c)(1), or 530(d)(2)
        - path: versions[0].formula
          kind: import
          import:
            target: us:statutes/26/62#eligible_educator
            output: eligible_educator
            hash: sha256:local
        - path: versions[0].formula
          kind: import
          import:
            target: us:statutes/26/62#eligible_educator_expense_cap_after_inflation_adjustment
            output: eligible_educator_expense_cap_after_inflation_adjustment
            hash: sha256:local
  versions:
    - effective_from: '1990-01-01'
      formula: >-
        if eligible_educator: min( max(0, eligible_educator_expenses -
        education_exclusions_coordination_amount),
        eligible_educator_expense_cap_after_inflation_adjustment ) else: 0

unlawful_discrimination

Derived

source: 26 USC 62(e)

- name: unlawful_discrimination
  kind: derived
  entity: Claim
  dtype: Judgment
  period: Year
  source: 26 USC 62(e)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: definition
          source:
            corpus_citation_path: us/statute/26/62
            excerpt: >-
              the term “unlawful discrimination” means an act that is unlawful under any of the
              following
  versions:
    - effective_from: '1990-01-01'
      formula: |-
        act_unlawful_under_civil_rights_act_of_1991_section_302
        or act_unlawful_under_congressional_accountability_act_listed_sections
        or act_unlawful_under_national_labor_relations_act
        or act_unlawful_under_fair_labor_standards_act
        or act_unlawful_under_age_discrimination_in_employment_act_listed_sections
        or act_unlawful_under_rehabilitation_act_listed_sections
        or act_unlawful_under_erisa_section_510
        or act_unlawful_under_title_ix_of_education_amendments
        or act_unlawful_under_employee_polygraph_protection_act
        or act_unlawful_under_worker_adjustment_and_retraining_notification_act
        or act_unlawful_under_family_and_medical_leave_act_section_105
        or act_unlawful_under_title_38_chapter_43_uniformed_services_employment_rights
        or act_unlawful_under_revised_statutes_sections_1977_1979_or_1980
        or act_unlawful_under_civil_rights_act_of_1964_listed_sections
        or act_unlawful_under_fair_housing_act_listed_sections
        or act_unlawful_under_americans_with_disabilities_act_listed_sections
        or act_unlawful_under_federal_whistleblower_protection_provision
        or act_unlawful_under_federal_state_or_local_civil_rights_or_employment_law