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United States · Bill · HR

H.R. 4716 (96th)

A bill to amend the Internal Revenue Code of 1954 to allow the Internal Revenue Service to waive certain penalties.

referredUnited States· United States Congress· EN

Introduced

10 July 1979

Last action

Status

Referred to House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

7 February 2024

Summary

Amends the Internal Revenue Code to permit the Secretary of the Treasury to waive all or any part of a tax penalty imposed upon a taxpayer who underpays an estimated tax or makes an excess contribution to a tax qualified pension plan or individual retirement account, if such taxpayer shows to the satisfaction of the Secretary that such underpayment or excess contribution was due to reasonable cause.

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Versions

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Documents

1 official file

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Sources

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