Internal Revenue Code Section 1

Internal Revenue Code Section 1

Section 1 of the Internal Revenue Code (26 U.S.C. § 1 or simply IRC §1), titled "Tax Imposed" is the law that imposes a federal income tax on taxable income, and sets forth the amount of the tax to be paid. A similar tax on corporations is set forth in IRC §11.

Within the layout of the IRC, this section appears as follows:

  • Subtitle A - Income Taxes (§§ 1-1563)
    • Chapter 1 - Normal Taxes and Surtaxes (§§ 1-1400T)
      • Subchapter A - Determination of Tax Liability (§§ 1-59A)
        • Part I - Tax on Individuals (§§ 1-5)
          • Section 1 - Tax imposed

Read more about Internal Revenue Code Section 1:  Basic Provisions of Section 1, Example of Tax Rate Schedule For Year 1993 For "head of Household", Example of Tax Rate Schedule For Year 2006 For "head of Household", Income Taxation of Estates and Trusts

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