### Question
What does includible compensation mean?


### Answer
**Includible compensation** has the following meaning in *26 U.S.C. § 457*:

> compensation for service performed for the employer which (taking into account the provisions of this section and other provisions of this chapter) is currently includible in gross income

#### Citation:
  - *26 U.S.C. § 457*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter E-Accounting Periods and Methods of Accounting > PART II-METHODS OF ACCOUNTING > Subpart B-Taxable Year for Which Items of Gross Income Included**

