# 26 U.S.C. § 72: Annuities; certain proceeds of endowment and life insurance contracts

> Federal · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/usc_t26_s72

## Section

- **Citation:** 26 U.S.C. § 72
- **Heading:** Annuities; certain proceeds of endowment and life insurance contracts
- **Jurisdiction:** Federal
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** September 16, 2026
- **Source:** Publisher's official text
- **Location:** Title 26—INTERNAL REVENUE CODE > Subtitle A—Income Taxes > CHAPTER 1—NORMAL TAXES AND SURTAXES > Subchapter B—Computation of Taxable Income > PART II—ITEMS SPECIFICALLY INCLUDED IN GROSS INCOME

## Text

Except as otherwise provided in this chapter, gross income includes any amount received as an annuity (whether for a period certain or during one or more lives) under an annuity, endowment, or life insurance contract.

( Aug. 16, 1954, ch. 736 , 68A Stat. 20 ; Pub. L. 87–792, § 4(a) , (b), Oct. 10, 1962 , 76 Stat. 821 ; Pub. L. 87–834, § 11(b) , Oct. 16, 1962 , 76 Stat. 1005 ; Pub. L. 88–272, title II, § 232(b) , Feb. 26, 1964 , 78 Stat. 110 ; Pub. L. 89–44, title VIII, § 809(d)(2) , June 21, 1965 , 79 Stat. 167 ; Pub. L. 89–97, title I, § 106(d)(2) , July 30, 1965 , 79 Stat. 337 ; Pub. L. 89–365, § 1(b) , Mar. 8, 1966 , 80 Stat. 32 ; Pub. L. 91–172, title V, § 515(b) , Dec. 30, 1969 , 83 Stat. 644 ; Pub. L. 93–406, title II , §§ 2001(e)(5), (g)(1), (2)(A), (h)(2), (3), 2002(g)(10), 2005(c)(3), 2007(b)(2), Sept. 2, 1974 , 88 Stat. 955 , 957, 970, 991, 994; Pub. L. 94–455, title XIX , §§ 1901(a)(12), (13), 1906(b)(13)(A), 1951(b)(1)(A), Oct. 4, 1976 , 90 Stat. 1765 , 1834, 1836; Pub. L. 97–34, title III , §§ 311(b)(1), 312(d), (e)(1), Aug. 13, 1981 , 95 Stat. 278 , 284; Pub. L. 97–248, title II , §§ 236(a), (b), 237(d), 265(a), (b)(1), Sept. 3, 1982 , 96 Stat. 509–511 , 544–546; Pub. L. 97–448, title I, § 103(c)(3)(B)(i) , (6), Jan. 12, 1983 , 96 Stat. 2376 ; Pub. L. 98–76, title II, § 224(a) , Aug. 12, 1983 , 97 Stat. 421 ; Pub. L. 98–369, div. A, title II , §§ 211(b)(1), 222(a), (b), title IV, §§ 421(b)(1), 491(d)(3), (4), title V, §§ 521(d), 523(a), (b), title VII, § 713(b)(1)–(c)(1)(B), (d)(1), July 18, 1984 , 98 Stat. 754 , 774, 794, 849, 868, 871, 872, 956, 957; Pub. L. 98–397, title II, § 204(c)(2) , Aug. 23, 1984 , 98 Stat. 1448 ; Pub. L. 99–514, title XI , §§ 1101(b)(2)(B), (C), 1122(c), 1123(a), (b), (d)(1), 1134(a)–(d), 1135(a), title XVIII, §§ 1826(a), (b)(1)–(3), (c), (d), 1852(a)(2), (c)(1)–(4), 1854(b)(1), 1898(c)(1)(B), Oct. 22, 1986 , 100 Stat. 2413 , 2414, 2467, 2472, 2474, 2475, 2483, 2484, 2848–2850, 2864, 2867, 2878, 2951; Pub. L. 100–647, title I , §§ 1011A(b)(1)(A), (B), (2), (9), (c)(1)–(8), (h), (i), 1018(k), (t)(1)(A), (B), (u)(8), title V, § 5012(a), (b)(1), (d), Nov. 10, 1988 , 102 Stat. 3472 , 3474–3476, 3482, 3583, 3587, 3590, 3661, 3662, 3664; Pub. L. 101–239, title VII , §§ 7811(m)(4), 7815(a)(3), (5), Dec. 19, 1989 , 103 Stat. 2412 , 2414; Pub. L. 101–508, title XI, § 11802(a) , Nov. 5, 1990 , 104 Stat. 1388–529 ; Pub. L. 102–318, title V, § 521(b)(3) , July 3, 1992 , 106 Stat. 310 ; Pub. L. 104–188, title I , §§ 1403(a), 1421(b)(4)(A), 1463(a), 1704( l )(1), (t)(2), (77), Aug. 20, 1996 , 110 Stat. 1790 , 1796, 1824, 1882, 1887, 1891; Pub. L. 104–191, title III, § 361(a) –(c), Aug. 21, 1996 , 110 Stat. 2071 , 2072; Pub. L. 105–34, title II, § 203(a) , (b), title III, § 303(a), (b), title X, § 1075(a), (b), Aug. 5, 1997 , 111 Stat. 809 , 829, 949; Pub. L. 105–206, title III, § 3436(a) , title VI, §§ 6004(d)(3)(B), 6005(c)(1), 6023(3), (4), July 22, 1998 , 112 Stat. 761 , 794, 800, 824; Pub. L. 107–16, title IV, § 402(a)(4)(A) , (B), title VI, §§ 632(a)(3)(A), 641(a)(2)(C), (e)(1), June 7, 2001 , 115 Stat. 60 , 61, 113, 120; Pub. L. 107–22, § 1(b)(1)(A) , (3)(A), July 26, 2001 , 115 Stat. 196 , 197; Pub. L. 107–90, title II, § 204(e)(2) , Dec. 21, 2001 , 115 Stat. 893 ; Pub. L. 108–311, title II, § 207(6) , (7), title IV, § 408(a)(4), (b)(3), Oct. 4, 2004 , 118 Stat. 1177 , 1191, 1192; Pub. L. 108–357, title VIII, § 906(a) , Oct. 22, 2004 , 118 Stat. 1653 ; Pub. L. 109–280, title VIII , §§ 827(a), 828(a), 844(a), Aug. 17, 2006 , 120 Stat. 999 , 1001, 1010; Pub. L. 110–245, title I, § 107(a) , June 17, 2008 , 122 Stat. 1631 ; Pub. L. 110–458, title I, § 108(e) , Dec. 23, 2008 , 122 Stat. 5109 ; Pub. L. 111–240, title II, § 2113(a) , Sept. 27, 2010 , 124 Stat. 2566 ; Pub. L. 112–141, div. F, title I, § 100121(c) , July 6, 2012 , 126 Stat. 914 ; Pub. L. 113–295, div. A, title II, § 221(a)(14) , Dec. 19, 2014 , 128 Stat. 4039 ; Pub. L. 114–26, § 2(a) –(c), June 29, 2015 , 129 Stat. 319 ; Pub. L. 114–113, div. Q, title III, § 308(a) , Dec. 18, 2015 , 129 Stat. 3089 ; Pub. L. 116–94, div. O, title I , §§ 108(a), 113(a), Dec. 20, 2019 , 133 Stat. 3149 , 3154; Pub. L. 117–328, div. T, title I , §§ 115(a), 127(e)(2), (3), title III, §§ 308(a), (b), 311(a), 314(a), 323(a), (b), (d), 326(a), 329(a), 330(a), 331(a)(1), (2), (b)(1), (c)(1), 332(b)(1), 333(a), 334(c), title IV, § 401(b)(1), Dec. 29, 2022 , 136 Stat. 5296 , 5329, 5345, 5347, 5349, 5356, 5357, 5359–5361, 5364, 5365, 5367, 5368, 5370, 5388.)

## Nearby sections

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- [26 U.S.C. § 62 Adjusted gross income defined](https://www.frixlaw.com/law-library/statutes/usc_t26_s62.md)
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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/usc_t26_s72. Check the current official text before relying on it. Not legal advice.