26 USC 1397 - Other definitions and special rules

U.S Code last checked for updates: Nov 23, 2024

§ 1397.

Other definitions and special rules

(a)

Wages

For purposes of this subpart—

(1)

In general

(2)

Certain training and educational benefits

(A)

In general

The following amounts shall be treated as wages paid to an employee:

(i)

Any amount paid or incurred by an employer which is excludable from the gross income of an employee under section 127, but only to the extent paid or incurred to a person not related to the employer.

(ii)

In the case of an employee who has not attained the age of 19, any amount paid or incurred by an employer for any youth training program operated by such employer in conjunction with local education officials.

(B)

Related person

(b)

Controlled groups

For purposes of this subpart—

(1)

all employers treated as a single employer under subsection (a) or (b) of section 52 shall be treated as a single employer for purposes of this subpart, and

(2)

the credit (if any) determined under section 1396 with respect to each such employer shall be its proportionate share of the wages giving rise to such credit.

(c)

Certain other rules made applicable

(Added Pub. L. 103–66, title XIII, § 13301(a), Aug. 10, 1993, 107 Stat. 551.)

cite as: 26 USC 1397