1982-Pub. L. 97-248, title II, § 280(c)(2)(F), Sept. 3, 1982, 96 Stat. 564, struck out "and civil aircraft" following "motor vehicles" in item 6156.

1976-Pub. L. 94-452, § 3(c)(1), Oct. 2, 1976, 90 Stat. 1514, added item 6158.

1970-Pub. L. 91-258, title II, § 206(d)(3), May 21, 1970, 84 Stat. 246, inserted "and civil aircraft" in item 6156.

1969-Pub. L. 91-53, § 2(f)(1), Aug. 7, 1969, 83 Stat. 93, substituted in item 6157 "Payment of Federal unemployment tax on quarterly or other time period basis" for "Payment of taxes under provisions of the Tariff Act."

1961-Pub. L. 87-61, title II, § 203(c)(3), June 29, 1961, 75 Stat. 126, added item 6156 and redesignated former item 6156 as 6157.

CHAPTER REFERRED TO IN OTHER SECTIONS

This chapter is referred to in section 6601 of this title.

§ 6151. Time and place for paying tax shown on returns

(a) General rule

Except as otherwise provided in this subchapter, when a return of tax is required under this title or regulations, the person required to make such return shall, without assessment or notice and demand from the Secretary, pay such tax to the internal revenue officer with whom the return is filed, and shall pay such tax at the time and place fixed for filing the return (determined without regard to any extension of time for filing the return). (b) Exceptions

(1) Income tax not computed by taxpayer

If the taxpayer elects under section 6014 not to show the tax on the return, the amount determined by the Secretary as payable shall be paid within 30 days after the mailing by the Secretary to the taxpayer of a notice stating such amount and making demand therefor.

(2) Use of government depositaries

For authority of the Secretary to require payments to Government depositaries, see section 6302(c).

(c) Date fixed for payment of tax

In any case in which a tax is required to be paid on or before a certain date, or within a certain period, any reference in this title to the

date fixed for payment of such tax shall be deemed a reference to the last day fixed for such payment (determined without regard to any extension of time for paying the tax.)

(Aug. 16, 1954, ch. 736, 68A Stat. 757. Nov. 2, 1966, Pub. L. 89-713, § 1(b), 80 Stat. 1108; Oct. 2, 1976, Pub. L. 94-452, § 3(c)(2), 90 Stat. 1514; Oct. 4, 1976, Pub. L. 94-455, title XIX, § 1906(b)(13)(A), 90 Stat. 1834.)

AMENDMENTS

1976-Pub. L. 94-455 struck out “or his delegate" following "Secretary", wherever appearing.

Subsec. (a). Pub. L. 94-452 substituted "subchapter," for "section,".

1966-Subsec. (a). Pub. L. 89-713 substituted the revenue officer with whom the return is filed for the principal internal revenue officer for the internal revenue district in which the return is required to be filed as the description of the person to whom the tax is paid.

EFFECTIVE DATE OF 1976 AmendmenT

Amendment by Pub. L. 94-452 effective Oct. 1, 1977, see section 3(e) of Pub. L. 94-452, set out as a note under section 6158 of this title.

EFFECTIVE DATE OF 1966 AMENDMENT

Amendment by Pub. L. 89-713 effective Nov. 2, 1966, see section 6 of Pub. L. 89-713, set out as a note under section 6091 of this title.

CROSS REFERENCES

Addition to tax for failure to pay tax, see section 6653 of this title.

Assessment of taxes shown on return, see section 6201 of this title.

Extension of time

Filing returns, see section 6081 of this title. Paying tax, see section 6161 et seq. of this title. Internal revenue districts, see section 7621 of this title.

Notice and demand for tax, see section 6303 of this title.

Payment on notice and demand, see section 6155 of this title.

Place for filing returns or other documents generally, see section 6091 of this title.

Time for filing returns

Estate and gift tax, see section 6075 of this title.
Income tax, see section 6072 of this title.

Time return deemed filed and tax considered paid, see section 6513 of this title.

SECTION REFERRED TO IN OTHER SECTIONS This section is referred to in sections 6161, 6166, 6324A of this title.

§ 6152. Installment payments

(a) Privilege to elect to make four installment pay. ments by decedent's estate

A decedent's estate subject to the tax imposed by chapter 1 may elect to pay such tax in four equal installments.

(b) Dates prescribed for payment of four installments In any case (other than payment of estimated income tax) in which the tax may be paid in four installments, the first installment shall be paid on the date prescribed for the payment of the tax, the second installment shall be paid on or before 3 months, the third installment on or before 6 months, and the fourth installment on or before 9 months, after such date.

(c) Proration of deficiency to installments

If an election has been made to pay the tax imposed by chapter 1 in installments and a deficiency has been assessed, the deficiency shall be prorated to such installments. Except as provided in section 6861 (relating to jeopardy assessments), that part of the deficiency so prorated to any installment the date for payment of which has not arrived shall be collected at the same time as and as part of such installment. That part of the deficiency so prorated to any installment the date for payment of which has arrived shall be paid upon notice and demand from the Secretary.

(d) Acceleration of payment

If any installment (other than an installment of estimated income tax) is not paid on or before the date fixed for its payment, the whole or the unpaid tax shall be paid upon notice and demand from the Secretary.

(Aug. 16, 1954, ch. 736, 68A Stat. 757; Sept. 1, 1954, ch. 1212, § 3, 68 Stat. 1130; Oct. 4, 1976, Pub. L. 94-455, title XIX, § 1906(a)(9), (b)(13)(A), 90 Stat. 1824, 1834; Sept. 3, 1982, Pub. L. 97-248, title II, § 234(b)(1), 96 Stat. 503.)

AMENDMENTS

1982-Subsec. (a). Pub. L. 97-248 inserted "four" following "to make” in subsec. heading and added "by decedent's estate" at the end thereof, struck out former par. (1), which provided that a corporation which was subject to the taxes imposed by chapter 1 could elect to pay the unpaid amount of such taxes in two equal installments, and struck out the designation “(2)" and par. heading preceding "A decedent's estate.".

Subsec. (b). Pub. L. 97-248 substituted "four installments" for "installments" in subsec. heading, struck out the designation “(1)" and the par. heading preceding "In any case", and struck out former par. (2), which provided that in any case (other than payment of estimated income tax) in which the tax could be paid in two installments, the first installment had to be paid on the date prescribed for the payment of the tax, and the second installment had to be paid on or before 3 months after such date.

1976-Subsec. (a)(1). Pub. L. 94-455, § 1906(a)(9), among other changes, struck out provisions relating to a corporation's election to pay, for the years ending before 1954, the unpaid amount of taxes in four installments.

Subsecs. (c), (d). Pub. L. 94-455, § 1906(b)(13)(A), struck out "or his delegate" following "Secretary".

1954-Subsec. (a)(3). Act Sept. 1, 1954, repealed par. (3), which related to employees subject to unemployment tax.

EFFECTIVE Date of 1982 Amendment Amendment by Pub. L. 97-248 applicable to taxable years beginning after Dec. 31, 1982, see section 234(e) of Pub. L. 97-248, set out as a note under section 6655 of this title.

EFFECTIVE DATE OF 1976 AmendmeNT Amendment of subsec. (a)(1) by section 1906(a)(9) of Pub. L. 94-455 effective with respect to taxable years beginning after Dec. 31, 1976, see section 1906(d)(2) of Pub. L. 94-455, set out as a note under section 6013 of this title.

EFFECTIVE DATE OF 1954 AMENDMENT

Section 3 of act Sept. 1, 1954, provided in part that the repeal of subsec. (a)(3) shall be effective with respect to taxable year 1955 and succeeding taxable years.

CROSS REFERENCES

Overpayment of installment, see section 6403 of this

title.

SECTION REFERRED TO IN OTHER SECTIONS This section is referred to in sections 6815, 6601 of this title.

§ 6153. Installment payments of estimated income tax by individuals

(a) General rule

The amount of estimated tax (as defined in section 6015(d)) with respect to which a declaration is required under section 6015 shall be paid as follows:

(1) If the declaration is filed on or before April 15 of the taxable year, the estimated tax shall be paid in four equal installments. The first installment shall be paid at the time of the filing of the declaration, the second and third on June 15 and September 15, respectively, of the taxable year, and the fourth on January 15 of the succeeding taxable year. (2) If the declaration is filed after April 15 and not after June 15 of the taxable year, and is not required by section 6073(a) to be filed on or before April 15 of the taxable year, the estimated tax shall be paid in three equal installments. The first installment shall be paid at the time of the filing of the declaration, the second on September 15 of the taxable year, and the third on January 15 of the succeeding taxable year.

(3) If the declaration is filed after June 15 and not after September 15 of the taxable year, and is not required by section 6073(a) to be filed on or before June 15 of the taxable year, the estimated tax shall be paid in two equal installments. The first installment shall be paid at the time of the filing of the declaration, and the second on January 15 of the succeeding taxable year.

(4) If the declaration is filed after September 15 of the taxable year, and is not required by section 6073(a) to be filed on or before September 15 of the taxable year, the estimated tax shall be paid in full at the time of the filing of the declaration.

(5) If the declaration is filed after the time prescribed in section 6073(a) (including cases in which an extension of time for filing the declaration has been granted under section 6081), paragraphs (2), (3), and (4) of this subsection shall not apply, and there shall be paid at the time of such filing all installments of estimated tax which would have been payable on or before such time if the declaration had been filed within the time prescribed in section 6073(a), and the remaining installments shall be paid at the times at which, and in the amounts in which, they would have been payable if the declaration had been so filed.

(b) Farmers or fishermen

If an individual referred to in section 6073(b) (relating to income from farming or fishing) makes a declaration of estimated tax after September 15 of the taxable year and on or before January 15 of the succeeding taxable year, the

estimated tax shall be paid in full at the time of the filing of the declaration. (c) Amendments of declaration

If any amendment of a declaration is filed, the remaining installments, if any, shall be ratably increased or decreased, as the case may be, to reflect the increase or decrease, as the case may be, in the estimated tax by reason of such amendment, and if any amendment is made after September 15 of the taxable year, any increase in the estimated tax by reason thereof shall be paid at the time of making such amendment.

(d) Application to short taxable years

The application of this section to taxable years of less than 12 months shall be in accordance with regulations prescribed by the Secretary.

(e) Fiscal years

In the application of this section to the case of a taxable year beginning on any date other than January 1, there shall be substituted, for the months specified in this section, the months which correspond thereto.

(f) Installments paid in advance

At the election of the individual, any installment of the estimated tax may be paid prior to the date prescribed for its payment.

(g) Special rules for taxable years beginning after 1982

In the case of taxable years beginning after 1982

(1) this section shall be applied as if the requirements of sections 6015 and 6073 remained in effect, and

(2) the amount of the estimated tax taken into account under this section shall be determined under rules similar to the rules of subsections (b) and (d) of section 6654.

(Aug. 16, 1954, ch. 736, 68A Stat. 758; Sept. 25, 1962, Pub. L. 87-682, § 1(a)(3), (c), 76 Stat. 575; Dec. 23, 1975, Pub. L. 94-164, § 5(b), 89 Stat. 975; June 30, 1976, Pub. L. 94-331, § 3(b), 90 Stat. 782; Sept. 3, 1976, Pub. L. 94-396, § 2(a)(2), 90 Stat. 1201; Sept. 17, 1976, Pub. L. 94-414, § 3(b), 90 Stat. 1273; Oct. 4, 1976, Pub. L. 94-455, title XIX, § 1906(b)(13)(A), 90 Stat. 1834; Aug. 13, 1981, Pub. L. 97-34, title VII, § 725(c)(3), 95 Stat. 346; Sept. 3, 1982, Pub. L. 97-248, title III, § 328(b)(3), 96 Stat. 618.)

AMENDMENTS

1982-Subsec. (g). Pub. L. 97-248 added subsec. (g) and struck out former subsec. (g), which provided that in the case of a taxpayer who had as his taxable year the calendar year 1976, the amount of any installment the payment of which was required to be made after December 31, 1975, and before October 1, 1976, could be computed without regard to section 42(a)(2), 43(a)(2), 43(b)(2), 141(b)(2), or 141(c)(2).

1981-Subsec. (a). Pub. L. 97-34 substituted section "6015(d)" for "6015(c)".

1976-Subsec. (d). Pub. L. 94-455 struck out "or his delegate" following "Secretary", wherever appearing. Subsec. (g). Pub. L. 94-414 substituted "October 1, 1976" for "September 15, 1976".

Pub. L. 94-396 substituted "September 15, 1976" for "September 1, 1976".

Pub. L. 94-331 substituted "September 1, 1976" for "July 1, 1976."

1975-Subsec. (g). Pub. L. 94-164 added subsec. (g). 1962-Subsec. (b). Pub. L. 87-682 inserted "or fishing" following "from farming" in the text, and "or fishermen" in the catchline.

EFFECTIVE DATE OF 1982 Amendment

Amendment by Pub. L. 97-248, applicable to taxable years beginning after Dec. 31, 1982, see section 328(c) of Pub. L. 97-248, set out as a note under section 6015 of this title.

EFFECTIVE DATE OF 1981 AMENDMENT

Amendment by Pub. L. 97-34 applicable to estimated tax for taxable years beginning after Dec. 31, 1980, see section 725(d) of Pub. L. 97-34, set out as a note under section 6015 of this title.

EFFECTIVE DATE OF 1962 Amendment Amendment by Pub. L. 87-682 effective with respect to taxable years beginning after Dec. 31, 1962, see section 2 of Pub. L. 87-682, set out as a note under section 6015 of this title.

DECLARATIONS OF ESTIMATED TAX

Pub. L. 91-172, title IX, § 946(b), Dec. 30, 1969, 83 Stat. 729, authorized a taxpayer required to make a declaration of estimated tax, or to pay any amount of estimated tax, for a taxable year beginning before Dec. 30, 1969, by reason of the amendments made by Pub. L. 91-172, to pay any such amount ratably on or before each of the remaining installment dates in the taxable year beginning with the first installment date on or after the thirtieth day after Dec. 30, 1969.

CROSS REFERENCES

Additions to tax for failure by individual to pay estimated income tax, see section 6654 of this title. Overpayment of installment, see section 6403 of this

title.

Payment of estimated income tax, see section 6315 of this title.

SECTION REFERRED TO IN OTHER SECTIONS

This section is referred to in sections 6201, 6601, 6651, 6654 of this title.

§ 6154. Installment payments of estimated income tax by corporations

(a) Corporations required to pay estimated income

tax

Every corporation subject to taxation under section 11 or 1201(a), or subchapter L of chapter 1 (relating to insurance companies), shall make payments of estimated tax (as defined in subsection (c)) during its taxable year as provided in subsection (b) if its estimated tax for such taxable year can reasonably be expected to be $40 or more.

(b) Payment in installments

Any corporation required under subsection (a) to make payments of estimated tax (as defined in subsection (c)) shall make such payments in installments as follows:

For purposes of this title, in the case of a corporation the term "estimated tax" means the excess of

(1) the amount which the corporation estimates as the amount of the income tax imposed by section 11 or 1201(a), or subchapter L of chapter 1, whichever is applicable, over (2) the amount which the corporation estimates as the sum of

(A) any credits against tax provided by part IV of subchapter A of chapter 1, and

(B) to the extent allowed under regulations prescribed by the Secretary, any overpayment of the tax imposed by section 4986.

(d) Recomputation of estimated tax

If, after paying any installment of estimated tax, the taxpayer makes a new estimate, the amount of each remaining installment (if any) shall be the amount which would have been payable if the new estimate had been made when the first estimate for the taxable year was made, increased or decreased (as the case may be) by the amount computed by dividing(1) the difference between

(A) the amount of estimated tax required to be paid before the date on which the new estimate is made, and

(B) the amount of estimated tax which would have been required to be paid before such date if the new estimate had been made when the first estimate was made, by (2) the number of installments remaining to be paid on or after the date on which the new estimate is made.

(e) Application to short taxable year

The application of this section to taxable years of less than 12 months shall be in accordance with regulations prescribed by the Secretary.

(f) Installments paid in advance

At the election of the corporation, any installment of the estimated tax may be paid before the date prescribed for its payment.

(g) Certain foreign corporations

For purposes of this section and section 6655, in the case of a foreign corporation subject to taxation under section 11 or 1201(a), or under subchapter L of chapter 1, the tax imposed by section 881 shall be treated as a tax imposed by section 11.

(Aug. 16, 1954, ch. 736, 68A Stat. 760; Feb. 26, 1964, Pub. L. 88-272, title I, § 122(a), 78 Stat. 25; Mar. 15, 1966, Pub. L. 89-368, title I, § 104(a), 80 Stat. 64; June 28, 1968, Pub. L. 90-364, title I, § 103(b), 82 Stat. 260; Dec. 23, 1975, Pub. L. 94-164, § 5(c), 89 Stat. 975; June 30, 1976, Pub. L. 94-331, § 3(c), 90 Stat. 782; Sept. 3, 1976, Pub. L. 94-396, § 2(a)(3), 90 Stat. 1201; Sept. 17, 1976, Pub. L. 94-414, § 3(c), 90 Stat. 1273; Oct. 4, 1976, Pub. L. 94-455, title IX, § 901(c)(3), title XIX, § 1906(a)(10), (b)(13)(A), 90 Stat. 1607, 1825, 1834; Nov. 6, 1978, Pub. L. 95-600, title III, § 301(b)(20)(A), 92 Stat. 2823; Jan. 12, 1983, Pub. L. 97-448, title II, § 201(j)(2), 96 Stat. 2396.)

AMENDMENTS

1983-Subsec. (c)(2). Pub. L. 97-448 designated existing provisions as subpar. (A) and added subpar. (B). 1978-Subsec. (c). Pub. L. 95-600 struck out provisions relating to the corporation's temporary estimated tax exemption.

1976-Subsec.

(c)(1)(B). Pub. L. 94-455,

§ 1906(a)(10)(A), among other changes, struck out in cl. (ii) "after December 31, 1967, and" following "a taxable year beginning" and cl. (iii) which relating to the amount of the corporation's transitional exemption for taxable years after 1967 and before 1972.

Subsec. (c)(2)(A)(ii). Pub. L. 94-455, § 1906(a)(10)(B), substituted "clause (ii)" for "clauses (ii) and (iii)".

Subsec. (c)(2)(B). Pub. L. 94-455, § 1906(a)(10)(C), struck out provisions relating to the percentages of 100% for 1968-1972, 80% for 1973, and 60% for 1974, for purposes of subsec. (c)(2)(A) and section 6655(e)(2) computations.

Subsec. (c)(3). Pub. L. 94-455, § 1906(a)(10)(D), struck out par. (3) which related to the transitional exemption for taxable years beginning before 1972.

Subsec. (h). Pub. L. 94-455, § 901(c)(3), struck out subsec. (h) which related to the six month application of the Revenue Adjustment Act of 1975 changes. Pub. L. 94-414 substituted "October 1, 1976" for "September 15, 1976".

Pub. L. 94-396 substituted "September 15, 1976" for "September 1, 1976".

Pub. L. 94-331 substituted "September 1, 1976" for "July 1, 1976."

1975-Subsec. (h). Pub. L. 94-164 added subsec. (h). 1968-Subsec. (a). Pub. L. 90-364 substituted provisions setting out the requirement that payments of estimated tax be made for provisions setting the amount and time for payment of each installment.

Subsec. (b). Pub. L. 90-364 substituted provisions for the payment of estimated tax in installments for provisions covering recomputation of estimated tax.

Subsec. (c). Pub. L. 90-364 substituted provisions defining estimated tax, including provision for the reduction in five annual stages of the $100,000 exemption granted corporations in the payment of estimated income tax and for its complete elimination in five additional stages, for provisions covering the application to a short taxable year.

Subsec. (d). Pub. L. 90-364 redesignated as subsec. (d) provisions covering recomputation of estimated tax formerly contained in subsec. (b). Former subsec. (d) redesignated (f).

Subsec. (e). Pub. L. 90-364 redesignated former subsec. (c) as (e).

Subsec. (f). Pub. L. 90-364 redesignated former subsec. (d) as (f).

Subsec. (g). Pub. L. 90-364 added subsec. (g). 1966-Subsec. (a). Pub. L. 89-368 increased the percentage of estimated income tax due in the first and in the second of the required four yearly installments from 9 to 12 percent in 1966, from 14 to 25 percent in 1967, from 19 to 25 percent in 1968, and from 22 to 25 percent in 1969, and made comparable changes for

those corporations which are required to pay estimated income tax in three, two, or one installments with the net effect that, for taxable years beginning in 1966, 74 percent of the estimated tax will be payable in installments and, for taxable years beginning after 1966, 100 percent will be payable in installments.

1964-Subsec. (a). Pub. L. 88-272 combined former subsecs. (a) and (b) into a new subsec. (a) and amended such subsection generally to provide that over the seven year period of 1964 to 70, the former system of paying two quarterly installments with respect to part of the tax liability in excess of $100,000 in the year in which the liability arises, will be changed by graduated steps into a pay-as-you-go system wherein corporations will pay all of their tax liability in excess of $100,000, by any of the four methods required by section 6074(a), in the year in which it arises, and added par. (5) relating to late filing.

Subsec. (b). Pub. L. 88-272 redesignated subsec. (c) as (b), and amended the provisions generally to conform to the provisions of subsec. (a), providing that instead of ratably increasing or decreasing payments on the 15th day of the 12th month to adjust for any amendment, the changes must be arrived at by dividing the difference between the original estimate and the amended estimate, by the number of installments remaining to be paid on or after the date the amendment is made. Former subsec. (b) was combined with former subsec. (a), and amended generally.

Subsec. (c). Pub. L. 88-272 redesignated subsec. (d) as (c). Former subsec. (c) redesignated (b). Subsec. (d). Pub. L. 88-272 redesignated subsec. (e) as (d). Former subsec. (d) redesignated (c).

EFFECTIVE DATE OF 1983 AMENDMENT Amendment by Pub. L. 97-448 effective, except as otherwise provided, as if it had been included in the provision of the Crude Oil Windfall Profit Tax Act of 1980, Pub. L. 96-223, to which such amendment relates, see section 203(a), (b) of Pub. L. 97-448, set out as a note under section 4988 of this title.

EFFECTIVE DATE OF 1978 AMENDMENT Amendment by Pub. L. 95-600 applicable to taxable years beginning after Dec. 31, 1978, see section 301(c) of Pub. L. 95-600, set out as a note under section 11 of this title.

EFFECTIVE DATE OF 1976 Amendment

Amendment of subsec. (h) by section 901(c)(3) of Pub. L. 94-455 applicable to taxable years ending after Dec. 31, 1975, see section 901(d) of Pub. L. 94-455, set out as a note under section 11 of this title.

Amendment of subsec. (c) by section 1906(a)(10) of Pub. L. 94-455 effective with respect to taxable years beginning after Dec. 31, 1976, see section 1906(d) of Pub. L. 94-455, set out as a note under section 6013 of this title.

EFFECTIVE DATE OF 1968 AmendmenT

Section 102(e) of Pub. L. 90-364 provided that: "Except as provided by section 104 [set out as notes under sections 51 and 6154 of this title], the amendments made by this section (other than subsection (c)) [enacting section 51 of this title and amending section 963 of this title], shall apply

"(1) Insofar as they relate to taxpayers other than corporations, to taxable years ending after March 31, 1968, and beginning before July 1, 1969.

"(2) Insofar as they relate to corporations, to taxable years ending after December 31, 1967, and beginning before July 1, 1969."

Section 103(f) of Pub. L. 90-364 provided that: "Except as provided by section 104 [set out as notes under sections 51 and 6154 of this title], the amendments made by this section [enacting section 6425, amending sections 243, 6020, 6154, 6651, 6655, 7203, and 7701, and repealing sections 6016 and 6074 of this title] shall apply with respect to taxable years beginning after December 31, 1967."

EFFECTIVE DATE OF 1966 AmendmenT Section 104(b) of Pub. L. 89-368 provided that: "The amendment made by subsection (a) [amending subsec. (a) of this section] shall apply with respect to taxable years beginning after December 31, 1965."

EFFECTIVE DATE OF 1964 AMENDMENT

Amendment by Pub. L. 88-272, except for purpose of section 21 of this title, effective with respect to taxable years beginning after Dec. 31, 1963, see section 131 of Pub. L. 88-272, set out as a note under section 1 of this title.

DECLARATION of Estimated TAX

With respect to taxable years beginning before Dec. 30, 1969, if a taxpayer is required to make a declaration, or to pay any amount of estimated tax by reason of amendments made by Pub. L. 91-172, such amount shall be paid ratably on each of the remaining installment dates for the taxable year beginning with the first installment date on or after Dec. 30, 1969; as to any declaration or payment of estimated tax before the first installment date, this section, and sections 6015, 6654, and 6655 of this title shall be applied without regard to amendments made by Pub. L. 91-172, see section 946(b) of Pub. L. 91-172, set out as a note under section 6153 of this title.

TAX SURCHARGE EXTENSION; DECLARATIONS OF
ESTIMATED TAX

Requirement of making a declaration or amended declaration of estimated tax or of payment of any amount or additional amount of estimated tax by reason of amendment of sections 51(a)(1)(A), (B), (2)(A) and 963(b) of this title as calling for payment of such amount or additional amount ratably on or before each of remaining installment dates for taxable year beginning with first installment date on or after the 30th day after Aug. 7, 1969; application of this section without regard to such amendment with respect to any declaration or payment of estimated tax before such first installment date; and definition of "installment date", see section 5(c) of Pub. L. 91-53, set out as an Effective Date of 1969 Amendment note under section 51 of this title.

PAYMENT OF ESTIMATED TAX FOR TAXABLE YEARS BEGINNING Before June 28, 1968

Section 104(a) of Pub. L. 90-364 provided that: "In determining whether any taxpayer is required to make a declaration or amended declaration of estimated tax, or to pay any amount or additional amount of estimated tax, by reason of the amendments made by sections 102 and 103 [enacting sections 51 and 6425 of this title, amending sections 243, 963, 3402, 6020, 6154, 6651, 6655, 7203, and 7701 of this title, and repealing sections 6016 and 6074 of this title]

"(1) such amendments shall apply (A) in the case of an individual, only if the taxable year ends on or after September 30, 1968, and (B) in the case of a corporation, only if the taxable year ends on or after June 30, 1968,

"(2) in applying sections 6015, 6073, and 6654 of the Internal Revenue Code of 1954, such amendments shall first be taken into account as of September 1, 1968, and

"(3) in applying sections 6016, 6074, 6154, and 6655 of such Code, such amendments shall first be taken into account as of May 31, 1968.

In the case of any amount or additional amount of estimated tax payable, by reason of such amendments. by a corporation on or after June 15, 1968, and before the 15th day after the date of the enactment of this Act [June 28, 1968], the time prescribed for payments of such amount or additional amount shall not expire before such date (not earlier than the 15th day after