### Question
How is the term taxable year defined?


### Answer
The term **taxable year** is defined in *26 U.S.C. § 3507* as the following:

> the last taxable year of the employee under subtitle A beginning in the calendar year in which the wages are paid

#### Citation:
  - *26 U.S.C. § 3507*
  - Heading: **Subtitle C-Employment Taxes > CHAPTER 25-GENERAL PROVISIONS RELATING TO EMPLOYMENT TAXES**

