{"identifier":"/us/usc/t26/s212","title":26,"num":"\u00a7\u202f212.","heading":"Expenses for production of income","text":"\u00a7\u202f212.\nExpenses for production of income\nIn the case of an individual, there shall be allowed as a deduction all the ordinary and necessary expenses paid or incurred during the taxable year\u2014\n(1) for the production or collection of income;\n(2) for the management, conservation, or maintenance of property held for the production of income; or\n(3) in connection with the determination, collection, or refund of any tax.","url":"https://projectusc.org/usc/t26/s212.html","content":[{"t":"sec","id":"/us/usc/t26/s212","children":[{"t":"num","text":"\u00a7\u202f212."},{"t":"heading","text":"Expenses for production of income","tail":"\n"},{"t":"chapeau","text":"In the case of an individual, there shall be allowed as a deduction all the ordinary and necessary expenses paid or incurred during the taxable year\u2014"},{"t":"para","id":"/us/usc/t26/s212/1","children":[{"t":"num","text":"(1)"},{"t":"content","text":" for the production or collection of income;","tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t26/s212/2","children":[{"t":"num","text":"(2)"},{"t":"content","text":" for the management, conservation, or maintenance of property held for the production of income; or","tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t26/s212/3","children":[{"t":"num","text":"(3)"},{"t":"content","text":" in connection with the determination, collection, or refund of any tax.","tail":"\n"}],"tail":"\n"},{"t":"text","text":"\n"},{"t":"text","text":"\n"}]}]}