Pub. L. 87-792 Oct. 10, 1962

76 Stat. 828 · Changed 17 sections of the Code

Bill H.R. 10

§ 22 Credit for the elderly and the permanently and totally disabled

  • (c)(1) Pub. L. 87–792 inserted provisions in subpar. (A) requiring inclusion, in the case of an individual who is, or has…

§ 62 Adjusted gross income defined

  • § 62 Pub. L. 87–792 added par. (7).

§ 72 Annuities; certain proceeds of endowment and life insurance contracts

  • (d)(2) Pub. L. 87–792, § 4(a), designated existing provisions as cl. (A) and added cl. (B).
  • (m) (n) (o) Pub. L. 87–792, § 4(b), added subsecs. (m) and (n) and redesignated former subsec. (m) as (o).

§ 101 Certain death benefits

  • (b) Pub. L. 87–792, § 7(c)(1), substituted “described in section 403(a)” for “which meets the requirements of paragraphs…
  • (b) Pub. L. 87–792, § 7(c)(2), added par. (3).

§ 104 Compensation for injuries or sickness

  • (a) Pub. L. 87–792 inserted sentence requiring contributions made on behalf of an individual who is, or has been, an…

§ 105 Amounts received under accident and health plans

  • (g) Pub. L. 87–792 added subsec. (g).

§ 172 Net operating loss deduction

  • (d)(4)(D) Pub. L. 87–792 added subpar. (D).

§ 401 Qualified pension, profit-sharing, and stock bonus plans

  • (a)(5) Pub. L. 87–792, § 2(1), inserted provisions defining total compensation for purposes of par. (5) and par. (10) of this…
  • (a)(7) (a)(8) (a)(9) (a)(10) Pub. L. 87–792, § 2(2), added pars. (7) to (10).
  • (c) (d) (e) (f) (g) Pub. L. 87–792, § 2(3), added subsecs. (c) to (g). Former subsec. (c) redesignated (h).
  • (h) Pub. L. 87–792, § 2(3), redesignated former subsec. (c) as (h).

§ 402 Taxability of beneficiary of employees’ trust

  • (a) Pub. L. 87–792 inserted sentence providing that this paragraph shall not apply to distributions paid to any distributee…

§ 403 Taxation of employee annuities

  • (a)(2) Pub. L. 87–792, § 4(d)(1), (2), substituted “described in paragraph (1)” for “which meets the requirements of section…
  • (a)(3) Pub. L. 87–792, § 4(d)(3), added par. (3).

§ 404 Deduction for contributions of an employer to an employees’ trust or annuity plan and compensation under a deferred-payment plan

  • (a)(2) Pub. L. 87–792, § 3(a)(1), substituted “(5), (6), (7), and (8), and, if applicable, the requirements of section…
  • (a)(8) (a)(9) (a)(10) Pub. L. 87–792, § 3(a)(2), added pars. (8) to (10).
  • (e) (f) Pub. L. 87–792, § 3(b), added subsecs. (e) and (f).

§ 503 Requirements for exemption

  • § 503 Pub. L. 87–792 added subsec. (j).

§ 2039 Annuities

  • § 2039 Pub. L. 87–792 substituted “was a plan described in section 403(a)” for “met the requirements of section 401(a)(3)…

§ 3306 Definitions

  • (b)(5) Pub. L. 87–792 substituted “is a plan described in section 403(a)” for “meets the requirements of section 401(a)(3)…

§ 3401 Definitions

  • (a)(12)(B) (a)(12)(C) Pub. L. 87–792 substituted “is a plan described in section 403(a)” for “meets the requirements of section 401(a)(3)…

§ 6047 Information relating to certain trusts and annuity plans

§ 7207 Fraudulent returns, statements, or other documents

  • § 7207 Pub. L. 87–792 inserted sentence providing that any person required pursuant to section 6047(b) or (c) to furnish any…