Taxable Years Taxable Years Taxable Years Sec. 58. Declaration of esti- be expected to be received by hus- sions of this chapter as the Commated tax by individuals. band or wife from such sources, missioner, with the approval of the reasonably be expected to exceed Secretary, may by regulations preSec. 58. (a) Requirement of $100 for the taxable year and the scribe, and shall contain or be verideclaration.-Every individual aggregate gross income of such fied by a written statement that it husband and wife can reasonably is made under the penalties of be expected to be such as will re- perjury. quire the making of a return un (other than an estate or trust and Sec. 58. (a) (1) his gross in come from wages (as defined in section 1621) der section 51 or 455; or did, when Sec. 58. (c) Joint declaration added to the gross income of such by husband and wife. In the case husband or wife from such sources of a husband and wife living tofor the preceding taxable year, ex-gether, a single declaration under ceed $100 for such preceding tax- this section may be made by them taxable year and such individual would jointly, in which case the liability have been required to make a re- with respect to the estimated tax turn under section 51 or 455 for shall be joint and several. No joint such preceding taxable year if he declaration may be made if either had been married and living with the husband or wife is a nonresihusband or wife during the whole dent alien. If a joint declaration (A) in case such individual is of such preceding taxable year; or is made but a joint return is not single or married but not living made for the taxable year, the eswith husband or wife: can reason- Sec. 58. (a) (3) in case such tax-timated tax for such year may be ably be expected to exceed $2,700 able year is the taxable year be-treated as the estimated tax of for the taxable year; or did ex-ginning in 1943, such individual either the husband or the wife, or ceed $2,700 for the preceding taxwas required to make a return may be divided between them. able year; or under section 51 for the taxable year beginning in 1942, and (B) in case such individual is married and living with husband or wife: can, when added to the gross income which can reasonably be expected to be received by such husband or wife from wages (as so defined), reasonably be expected to exceed $3,500 for the taxable year; or did when added to the gross income of such husband or wife from wages (as so defined) for the preceding taxable year, exceed $3,500 for such preceding taxable year; or Sec. 58. (a) (2) his gross income from sources other than wages (as defined in section 1621) re Sec. 58. (b) Contents of declaration.-In the declaration quired under subsection (a) the individual shall state Sec. 58. (b) (1) the amount which he estimates as the amount of tax under this chapter for the taxable year, without regard to any credits under sections 32, 35, and 466 (e); Sec. 58. (b) (2) the amount which he estimates as the credits for the taxable year under sections 32, 35, and 466 (e); and Sec. 58. (d) Time and place for declaration filing.-The required under subsection (a) shall be filed on or before the fifteenth day of the third month of the taxable year, except that if the requirements of subsection (a) are first met after such date, the declaration shall be filed on or before the fifteenth day of the last month of the quarter of the taxable year in which such requirements are first met. An individual may make amendments or revisions of a declaration filed under this subsection, under regulations prescribed by the Commissioner with the approval of the Secretary. If so made, such amendments or revisions shall be filed on or before the fifteenth day of the last month of any quarter of the taxable year subsequent to that in which the declaration was filed and in which no previous amendments (A) in case such individual is single or married but not living with husband or wife: can reasonably be expected to exceed $100 for the taxable year and his gross income to be such as will require the making of a return for the taxable or revisions have been made or year under section 51; or did exfiled. Declarations and amendments ceed $100 for the preceding taxSec. 58. (b) (3) the excess of and revisions thereof shall be filed able year and such individual either the amount estimated under para- with the Collector specified in secwas required to make a return graph (1) over the amount esti- tion 53 (b) (1). under section 51 or 455 for such mated under paragraph (2), which preceding taxable year or would excess for the purposes of this Sec. 58. (e) Extension of time. have been so required if he had chapter shall be held and consid--The Commissioner may grant a been single during the whole of ered the estimated tax for the tax-reasonable extension of time for such preceding taxable year; or able year. (B) in case such individual is married and living with husband The declaration shall also contain or wife: can, when added to the such other information for the purgross income which can reasonably poses of carrying out the provi(Continued in next column.) (Continued in next column.) filing declarations and paying the estimated tax, under such rules and regulations as he shall prescribe with the approval of the Secretary. Except in the case of taxpayers (Continued in next column.) Taxable Years Beginning in 1943 who are abroad, no such extension shall be for more than six months. Sec. 58. (f) Persons under disability.—If the taxpayer is unable to make his own declaration, the declaration shall be made by a duly authorized agent or by the guardian or other person charged with the care of the person or property of such taxpayer. Sec. 58. (g) Signature presumed correct. The fact that an individual's name is signed to a filed declaration shall be prima facie eridence for all purposes that the declaration was actually signed by him. Sec. 58. (h) Publicity of declaration. For the purposes of section 55 (relating to publicity of returns), a declaration of estimated tax shall be held and considered a return under this chapter. Sec. 58, I. R. C., supra, amended by Sec. 5 (a), Current Tax Payment Act of 1943, by striking out Sec. 58 shown in stricken through type and substituting in lieu thereof Sec. 58 immediately following thereafter. Sec. 5 (f) of said Act makes amendment effective with respect to taxable years beginning after Dec. 31, 1942, except that Sec. 294 (a) (5), I. R. Č., shall not be applicable to taxable years beginning in 1943 in the case of an individual not required to make a declaration under Sec. I. R. C., for such year. 58, See fn. 9, p. 176, for Sec. 6, Current Tax Payment Act of 1943, for relief from payments in 1943. double Taxable Years Beginning in 1943 Bec. 59. Administrative proeeedings. For administrative of a tax imposed by (b) Supplement M, relating (e) Supplement N, relating to claims against transfer and fiduciariem (d) Supplement 0, relat ing te payments, Sec. 59. Payment of estimated tax. The Sec. 59. (a) In general. estimated tax shall be paid in four equal installments except that Sec. 59. (a) (1) if the declaration is filed (otherwise than pursuant to an extension of time) after the fifteenth day of the third month of the taxable year, the estimated tax shall be paid in equal installments the number of which is equal to the number of quarters remaining in the taxable year (including the quarter in which the declaration is filed); and Sec. 59. (a) (2) if any amendment or revision of a declaration is filed, the remaining installments 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 or revision; and Sec. 59. (a) (3) at the election of the individual, any installment of the estimated tax may be paid prior to the date prescribed for its pay ment. One installment of the estimated tax shall be paid at the time of making the declaration, and an installment thereof shall be paid on the fifteenth day of the last month of each succeeding quarter of the taxable year. Payment of any installment of the estimated tax shall be considered payment on account of the tax for the taxable year. Sec. 59. (b) Assessment-The estimated tax shall be assessed only to the extent paid. Sec. 59, I. R. C., supra, amended by Sec. 5 (a), Current Tax Payment Act of 1943, by striking out Sec. 59 Taxable Years Beginning in 1942 Sec. 59. Administrative proceedings. For administrative proceedings in respect of the nonpayment or overpayment of a tax imposed by this chapter, see as follows: (a) Supplement L, relating to assessment and collection of deficiencies. (b) Supplement M, relating to interest and additions to tax. (c) Supplement N, relating to claims against transferees and fiduciaries. (d) Supplement O, relating to overpayments. Taxable Years Beginning in 1941 Sec. 59. Administrative proceedings. For administrative proceedings in respect of the nonpayment or overpayment of a tax imposed by this chapter, see as follows: (a) Supplement L, relating to assessment and collection of deficiencies. (b) Supplement M, relating to interest and additions to tax. (c) Supplement N, relating to claims against transferees and fiduciaries. (d) Supplement O, relating to overpayments. Taxable Years Beginning in 1943 shown in stricken through type and substituting in lieu thereof Sec. 59 immediately following thereafter. Sec. 5 (f) of said Act makes amendment effective with respect to taxable years beginning after Dec. 31, 1942, except that Sec. 294 (a) (5), I. R. Č., shall not be applicable to taxable year beginning in 1943 in the case of an individual not required to make a declaration under Sec. 58, I. R. C., for such year. See fn. 9, p. 176, for Sec. 6. Current Tax Payment Act of 1943, for relief from double payments in 1943. Sec. 60. (a) Farmers.-In the case of an individual whose estimated gross income from farming for the taxable year is at least 80 per centum of the total estimated gross income from all sources for the taxable year, in lieu of the time prescribed in section 58 (d), the declaration for the taxable year may be made at any time on or before the fifteenth day of the last month of the taxable year. Sec. 60. (b) Application to short taxable years.-The application of sections 58, 59, and 294 (a) (3), (4), and (5) to taxable years of less than twelve months shall be as prescribed in regulations prescribed by the Commissioner with the approval of the Secretary. Sec. 60. (c) Application to taxable years beginning in 1943.—If the taxable year is the calendar year 1943, the fifteenth day of September, 1943, shall be substituted for the fifteenth day of March for the purposes of section 58 (d). If the taxable year begins in 1943 after January 1, the date which shall be substituted for the fifteenth day of the third month of the taxable year for the purposes of section 58 (d) shall be prescribed by regulations prescribed by the Commissioner with the approval of the Secretary. In either |