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Internal Revenue Code (IRC)

The main body of federal tax law in the United States, which governs how taxes are collected and what income is taxable.

Gross Income

All income from whatever source derived, before any deductions or exemptions are applied. This is the starting point for calculating taxable income.

Retired or Retainer Pay

Regular payments received by former military members who have completed a certain number of years of service and are eligible for a pension.

Taxable Year

The accounting period for which taxes are figured, typically a calendar year (January 1 to December 31) for individuals.

Uniformed Services

A broad term that includes the U.S. Armed Forces (Army, Navy, Air Force, Marine Corps, Space Force) as well as the Commissioned Corps of the Public Health Service and the National Oceanic and Atmospheric Administration (NOAA).

Conforming Amendment

A change made to one part of a law to ensure it aligns and is consistent with changes made in another part of the same law or a related law.