For purposes of this section, the term "earned income" means wages, salaries, or professional fees, and other amounts received as compensation for personal services actually rendered, but does not include that part of the compensation derived by the taxpayer... Statistics of Income for ... - Page 4431953Full view - About this book
| United States. Court of Claims, Audrey Bernhardt - 1952 - 936 pages
...paragraph (3) ; • • • (S) Definition of earned income. — For the purposes of this subsection, "earned income" means wages, salaries, professional...compensation for personal services actually rendered • * *, 634 8 y 1 la bos permitted him to exclude this income, but he made his returns on a cash basis,... | |
| United States. Internal Revenue Service - 1924 - 396 pages
...respective shares of earned income. See article 412. ART. 1662. Definitions and limitations. — The term " earned income " means wages, salaries, professional...compensation for personal services actually rendered. In the case of a taxpayer engaged in a trade or business in which both personal services and capital... | |
| Walter Elbert Barton, United States, Carroll Wright Browning - 1925 - 580 pages
...(c) of this section. EARNED INCOME. SEC. 209. (a) For the purposes of this section — (1) The term "earned income" means wages, salaries, professional...compensation for personal services actually rendered, but does not include that part of the compensation derived by the taxpayer for personal services rendered... | |
| United States. Congress. House. Committee on Ways and Means - 1925 - 1154 pages
...read as follows : EARNED INCOME SECTION 209 (a). For the purposes of this section — (1) The term th ?E li sbA{ but does not include that part of the compensation derived by the taxpayer for personal services rendered... | |
| Irving Bank-Columbia Trust Company - 1925 - 152 pages
...taxes on "earned income" which did not appear in previous laws. "Earned income" is defined to include wages, salaries, professional fees, and other amounts...received as compensation for personal services actually performed; it does not include payments, received as a bonus, which represent a distribution of profits... | |
| John F. Sherwood - 1925 - 206 pages
...normal tax computed in accord with Section 210 of the Law. Earned income is the income derived from wages, salaries, professional fees and other amounts received as compensation for personal services. Earned income deductions are such allowable deductions as are directly chargeable against earned income.... | |
| 1926 - 454 pages
...paragraph." That portion of section 20'^ which is pertinent to the instant case is as follows: "(1) The term 'earned income' means wages. salaries, professional...amounts received as compensation for personal services actuallv rendered * * *." The compensation for services rendered by American Diplomatic and Consular... | |
| United States. Congress. House. Committee on Ways and Means - 1927 - 1032 pages
...then writes his story or his play, it is earned income. The language in this section is, "The term ' earned income ' means wages, salaries, professional...compensation for personal services actually rendered," and in dealing with authors the Internal Revenue Commissioner has clearly said that this does not relate to... | |
| United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 414 pages
...Against Tax SEC. 31. EARNED INCOME CREDIT. (a) Definitions. — For the purposes of this section — (1) "Earned income" means wages, salaries, professional...compensation for personal services actually rendered, but does not include that part of the compensation derived by the taxpayer for personal services rendered... | |
| |