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26 U.S.C. § 2613 — Skip person and non-skip person defined
Federal law — U.S. Code and appendices · legal_authorities
**(a) Skip person** For purposes of this chapter, the term “skip person” means—
(1) a natural person assigned to a generation which is 2 or more generations below the generation assignment of the transferor, or
(2) a trust—
(A) if all interests in such trust are held by skip persons, or
(B) if—
(i) there is no person holding an interest in such trust, and
(ii) at no time after such transfer may a distribution (including distributions on termination) be made from such trust to a nonskip person.
**(b) Non-skip person** For purposes of this chapter, the term “non-skip person” means any person who is not a skip person.
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Stable record: federal_law:legal_authorities:record_usc_00d74705586085305e900db6
Source file: Laws/federal/codes/united-states-code/title-26/section-2613-skip-person-and-non-skip-person-defined--9066109eb9.md
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Source location: Title 26, Chapter 13, § 2613; chapter-013-tax-on-generation-skipping-transfers.md
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**(a) Skip person** For purposes of this chapter, the term “skip person” means—
(1) a natural person assigned to a generation which is 2 or more generations below the generation assignment of the transferor, or
(2) a trust—
(A) if all interests in such trust are held by skip persons, or
(B) if—
(i) there is no person holding an interest in such trust, and
(ii) at no time after such transfer may a distribution (including distributions on termination) be made from such trust to a nonskip person.
**(b) Non-skip person** For purposes of this chapter, the term “non-skip person” means any person who is not a skip person.
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Federal law — U.S. Code and appendices · legal_authorities
The amount of the tax imposed by section 2601 is—
(1) the taxable amount (determined under subchapter C), multiplied by
(2) the applicable rate (determined under subchapter E).
Source: Supplied U.S. Code snapshot — release unconfirmed · 26 U.S.C. § 2602
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Married individuals filing joint returns and surviving spouses** There is hereby imposed on the taxable income of—
(1) every married individual (as defined in section 7703) who makes a single return jointly with his spouse under section 6013, and
(2) every surviving spouse (as defined in section 2(a)),
a tax determined in accordance with the following table: If taxable income is:The tax is: Not over $36,90015% of taxable income. Over $36,900 but not over $89,150$5,535, plus 28% of the excess over $36,900. Over $89,150 but not over $140,000$20,165, plus 31% of the excess over $89,150. Over $140,000 but not over $250,000$35,928.50, plus 36% of the excess over $140,000. Over $250,000$75,528.50, plus 39.6% of the excess over $250,000.
**(b) Heads of households** There is hereby imposed on the taxable income of every head of a household (as defined in section 2(b)) a tax determined in accordance with the following table: If taxable income is:The tax is: Not over $29,60015% of taxable income. Over $29,600 but not over $76,400$4,440, plus 28% of the excess over $29,600. Over $76,400 but not over $127,500$17,544, plus 31% of the excess over $76,400. Over $127,500 but not over $250,000$33,385, plus 36% of the excess over $127,500. Over $250,000$77,485, plus 39.6% of the excess over $250,000.
**(c) Unmarried individuals (other than surviving spouses and heads of households)** There is hereby imposed on the taxable income of every individual (other than a surviving spouse as defined in section 2(a) or the head of a household as defined in section 2(b)) who is not a married individual (as defined in section 7703) a tax determined in accordance with the following table: If taxable income is:The tax is: Not over $22,10015% of taxable income. Over $22,100 but not over $53,50
Source: Supplied U.S. Code snapshot — release unconfirmed · 26 U.S.C. § 1
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Allowance of credit**
(1) **In general** — In the case of an eligible individual, there shall be allowed as a credit against the tax imposed by this subtitle for the taxable year an amount equal to the credit percentage of so much of the taxpayer’s earned income for the taxable year as does not exceed the earned income amount.
(2) **Limitation** — The amount of the credit allowable to a taxpayer under paragraph (1) for any taxable year shall not exceed the excess (if any) of—
(A) the credit percentage of the earned income amount, over
(B) the phaseout percentage of so much of the adjusted gross income (or, if greater, the earned income) of the taxpayer for the taxable year as exceeds the phaseout amount.
**(b) Percentages and amounts** For purposes of subsection (a)—
(1) **Percentages** — The credit percentage and the phaseout percentage shall be determined as follows: In the case of an eligible individual with:The credit percentage is:Thephaseoutpercentageis: 1 qualifying child3415.98 2 qualifying children4021.06 3 or more qualifying children4521.06 No qualifying children7.65 7.65
(2) **Amounts**
(A) *In general* — Subject to subparagraph (B), the earned income amount and the phaseout amount shall be determined as follows: In the case of an eligible individual with:The earned income amount is:Thephaseoutamount is: 1 qualifying child$6,330$11,610 2 or more qualifying children$8,890$11,610 No qualifying children$4,220 $5,280
(B) *Joint returns* — In the case of a joint return filed by an eligible individual and such individual’s spouse, the phaseout amount determined under subparagraph (A) shall be increased by $5,000.
**(c) Definitions and special rules** For purposes of this section—
(1) **Eligible individual**
(A) *In general* — The term “e
Source: Supplied U.S. Code snapshot — release unconfirmed · 26 U.S.C. § 32
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Federal law — U.S. Code and appendices · legal_authorities
A tax is hereby imposed on every generation-skipping transfer (within the meaning of subchapter B).
Source: Supplied U.S. Code snapshot — release unconfirmed · 26 U.S.C. § 2601
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Federal law — U.S. Code and appendices · legal_authorities
**(a) In general** For purposes of this chapter, the term “generation-skipping transfer” means—
(1) a taxable distribution,
(2) a taxable termination, and
(3) a direct skip.
**(b) Certain transfers excluded** The term “generation-skipping transfer” does not include—
(1) any transfer which, if made inter vivos by an individual, would not be treated as a taxable gift by reason of section 2503(e) (relating to exclusion of certain transfers for educational or medical expenses), and
(2) any transfer to the extent—
(A) the property transferred was subject to a prior tax imposed under this chapter,
(B) the transferee in the prior transfer was assigned to the same generation as (or a lower generation than) the generation assignment of the transferee in this transfer, and
(C) such transfers do not have the effect of avoiding tax under this chapter with respect to any transfer.
Source: Supplied U.S. Code snapshot — release unconfirmed · 26 U.S.C. § 2611
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Federal law — U.S. Code and appendices · legal_authorities
Page 2655
TITLE 26—INTERNAL REVENUE CODE
§ 2613
(Added Pub. L. 94–455, title XX, § 2006(a), Oct. 4,
1976, 90 Stat. 1883; amended Pub. L. 99–514, title
XIV, § 1431(a), Oct. 22, 1986, 100 Stat. 2719; Pub. L.
100–647, title I, § 1014(g)(5)(B), (7), (15), Nov. 10,
1988, 102 Stat. 3564–3566; Pub. L. 105–34, title V,
§ 511(b), Aug. 5, 1997, 111 Stat. 861.)
Editorial Notes
AMENDMENTS
1997—Subsec. (c)(2). Pub. L. 105–34, § 511(b)(2), sub-
stituted ‘‘section 2651(f)(2)’’ for ‘‘section 2651(e)(2)’’.
Pub. L. 105–34, § 511(b)(1), redesignated par. (3) as (2)
and struck out heading and text of former par. (2). Text
read as follows: ‘‘For purposes of determining whether
any transfer is a direct skip, if—
‘‘(A) an individual is a grandchild of the transferor
(or the transferor’s spouse or former spouse), and
‘‘(B) as of the time of the transfer, the parent of
such individual who is a lineal descendant of the
transferor (or the transferor’s spouse or former
spouse) is dead,
such individual shall be treated as if such individual
were a child of the transferor and all of that grand-
child’s children shall be treated as if they were grand-
children of the transferor. In the case of lineal descend-
ants below a grandchild, the preceding sentence may be
reapplied. If any transfer of property to a trust would
be a direct skip but for this paragraph, any generation
assignment under this paragraph shall apply also for
purposes of applying this chapter to transfers from the
portion of the trust attributable to such property.’’
Subsec. (c)(3). Pub. L. 105–34, § 511(b)(1), redesignated
par. (3) as (2).
1988—Subsec. (a)(2). Pub. L. 100–647, § 1014(g)(15),
amended par. (2) generally. Prior to amendment, par.
(2) read as follows: ‘‘If, upon the termination of an in-
terest
Source: Supplied 2024 U.S. Code historical extraction · 26 U.S.C. § 2613
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