Internal Revenue Code · 26 U.S.C.
§ 804. Life insurance deductions
Official text, no changes From the Office of the Law Revision Counsel, release point 119-121 (current through Public Law 119-121 (October 9, 2026)). Compare it with the official text at uscode.house.gov (external site).
Cite as 26 U.S.C. § 804
At a glance
Read from the text, the source credit and the official notes. Not part of the law.
- Status
- In force
- Added
- July 18, 1984 by Pub. L. 98–369
- Last amended
- December 22, 2017 by Pub. L. 115–97
- Amendments
- 2 dated changes in the source credit
- Length
- 59 words · about 1 min to read
- Defines
- 1 term
- Cross-references
- cites 1; cited by 1 Code section and 21 other regulations
- Regulations
- 2 issued under this section
For purposes of this part, the term “life insurance deductions” means the general deductions provided in section 805.
(Added Pub. L. 98–369, div. A, title II, § 211(a), July 18, 1984, 98 Stat. 722; amended Pub. L. 99–514, title X, § 1011(b)(2), Oct. 22, 1986, 100 Stat. 2389; Pub. L. 115–97, title I, § 13512(b)(4), Dec. 22, 2017, 131 Stat. 2143.)
Terms defined here
Where the text says “the term … means”. Select a term to jump to its definition.
Regulations under this section
Treasury regulations (26 CFR) issued under § 804
Cross-references
Computed from the citations in the text of Title 26 and 26 CFR.
This section cites 1 other section
Cited by 1 Code section
Cited in 21 regulations not issued under it
- § 1.243-5 Effect of election.
- § 1.801-8 Contracts with reserves based on segregated asset accounts.
- § 1.802-3 Tax imposed on life insurance companies.
- § 1.809-4 Gross amount.
- § 1.809-5 Deductions.
- § 1.810-2 Rules for certain reserves.
- § 1.815-3 Shareholders surplus account.
- § 1.817-2 Treatment of capital gains and losses.
- § 1.817-4 Special rules.
- § 1.818-2 Accounting provisions.
- § 1.818-5 Short taxable years.
- § 1.818-6 Transitional rule for change in method of accounting.
- § 1.818-8 Special rules relating to consolidated returns and certain capital losses.
- § 1.822-5 Mutual insurance company taxable income.
- § 1.822-8 Determination of taxable investment income.
- § 1.861-8 Computation of taxable income from sources within the United States and from other sources and activities.
- § 1.952-2 Determination of gross income and taxable income of a foreign corporation.
- § 1.953-4 Taxable income to which section 953 applies.
- § 1.953-5 Corporations not qualifying as insurance companies.
- § 7.48-3 Election to apply the amendments made by sections 804 (a) and (b) of the Tax Reform Act of 1976 to property described in section 50(a) of the Code.
- § 301.9100-21 References to other temporary elections under various tax acts.
Amendment history
From the source credit and the official notes, newest first.
- Amended by Pub. L. 115–97
- Amended by Pub. L. 99–514
- Added by Pub. L. 98–369
Where it sits in the Code
- Subtitle A Income Taxes
- Chapter 1 NORMAL TAXES AND SURTAXES
- Subchapter L Insurance Companies
- Part I LIFE INSURANCE COMPANIES
- Subpart C Life Insurance Deductions
Nearby sections
- § 804 Life insurance deductions
- § 805 General deductions
- § 806 Repealed
- § 807 Rules for certain reserves
- § 808 Policyholder dividends deduction
Official notes
Show the Law Revision Counsel's notes (amendments, effective dates)
Editorial Notes
Prior Provisions
A prior section 804, added Pub. L. 86–69, § 2(a), June 25, 1959, 73 Stat. 115; amended Pub. L. 87–858, § 3(b)(2), Oct. 23, 1962, 76 Stat. 1137; Pub. L. 88–272, title II, § 214(b)(3), Feb. 26, 1964, 78 Stat. 55; Pub. L. 91–172, title IV, § 401(b)(2)(D), Dec. 30, 1969, 83 Stat. 602; Pub. L. 94–455, title XIX, § 1901(a)(96), (b)(1)(J)(i), (iii), (K), (M), (33)(F), Oct. 4, 1976, 90 Stat. 1780, 1791, 1801, defined the term “taxable investment income” and provided for the computation of such income, prior to the general revision of this part by Pub. L. 98–369, § 211(a).
Another prior section 804, acts Aug. 16, 1954, ch. 736, 68A Stat. 258; Mar. 13, 1956, ch. 83, § 2, 70 Stat. 41, related to reserve and other policy liability deductions, prior to the general revision of this part by Pub. L. 86–69, § 2(a).
Amendments
2017—Pub. L. 115–97 substituted “means the general deductions provided in section 805.” for “means—
“(1) the general deductions provided in section 805, and
“(2) the small life insurance company deduction (if any) determined under section 806(a).”
1986—Pars. (2), (3). Pub. L. 99–514 redesignated par. (3) as (2), substituted “section 806(a)” for “section 806(b)”, and struck out former par. (2), which read as follows: “the special life insurance company deduction determined under section 806(a), and”.
Statutory Notes and Related Subsidiaries
Effective Date of 2017 Amendment
Amendment by Pub. L. 115–97 applicable to taxable years beginning after Dec. 31, 2017, see section 13512(c) of Pub. L. 115–97, set out as a note under section 453B of this title.
Effective Date of 1986 Amendment
Amendment by Pub. L. 99–514 applicable to taxable years beginning after Dec. 31, 1986, see section 1011(c)(1) of Pub. L. 99–514, set out as a note under section 453B of this title.
Effective Date
Section applicable to taxable years beginning after Dec. 31, 1983, see section 215 of Pub. L. 98–369, set out as a note under section 801 of this title.