Sec. 9624. MODIFICATION OF DISQUALIFIED INVESTMENT INCOME TEST
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## SEC. 9624 MODIFICATION OF DISQUALIFIED INVESTMENT INCOME TEST ###
(a)In General **[**[26 U.S.C. 32](/us/usc/t26/s32)**]** Section 32(i) of the Internal Revenue Code of 1986 is amended by striking “$2,200” and inserting “$10,000”. ###
(b)Inflation Adjustment Section 32(j)(1) of such Code is amended— ####
(1)in the matter preceding subparagraph (A), by inserting “(2021 in the case of the dollar amount in subsection (i)(1))” after “2015”, ####
(2)in subparagraph (B)(i)— #####
(A)by striking “subsections (b)(2)(A) and (i)(1)” and inserting “subsection (b)(2)(A)”, and #####
(B)by striking “and” at the end, ####
(3)by striking the period at the end of subparagraph (B)(ii) and inserting “, and”, and ####
(4)by inserting after subparagraph (B)(ii) the following new clause: > > ###### “(iii) > > in the case of the $10,000 amount in subsection (i)(1), ‘calendar year 2020’ for ‘calendar year 2016’.” > . ###
(c)Effective Date **[**[26 U.S.C. 32 note](/us/usc/t26/s32)**]** The amendments made by this section shall apply to taxable years beginning after December 31, 2020.
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Sec. 9624
MODIFICATION OF DISQUALIFIED INVESTMENT INCOME TEST
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