### Question
What is the definition of base amount?


### Answer
The definition of **base amount** is as follows in *26 U.S.C. § 7530*:

> the dollar amount determined under clause (i) increased by an amount equal to—


(I) such dollar amount, multiplied by—


(II) the cost-of-living adjustment determined under section 1(f)(3) for such calendar year, determined by substituting "calendar year 2020" for "calendar year 2016" in subparagraph (A)(ii) thereof

#### Citation:
  - *26 U.S.C. § 7530*
  - Heading: **Subtitle F-Procedure and Administration > CHAPTER 77-MISCELLANEOUS PROVISIONS**

