Computation of Taxable Income
IDefinition of Gross Income, Adjusted Gross Income, Taxable Income, Etc.IIItems Specifically Included in Gross IncomeIIIItems Specifically Excluded from Gross IncomeIVTax Exemption Requirements for State and Local BondsVDeductions for Personal ExemptionsVIItemized Deductions for Individuals and CorporationsVIIAdditional Itemized Deductions for IndividualsVIIISpecial Deductions for CorporationsIXItems Not DeductibleXTerminal Railroad Corporations and Their ShareholdersXISpecial Rules Relating to Corporate Preference Items