A bill to amend the Internal Revenue Code of 1954 to permit the Internal Revenue Service to waive the penalty imposed on underpayments of estimated tax where there was reasonable cause for the underpayment.

referredUnited States· United States Congress· EN

Introduced

22 September 1982

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Amends the Internal Revenue Code to authorize the Secretary of the Treasury to waive the penalty imposed on underpayments of estimated tax upon a showing by the taxpayer that the underpayment of estimated tax was due to reasonable cause and not to willful neglect.

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Votes

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Versions

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Documents

1 official file

Introduced in House
summary · EN · 22 September 1982
Open at official source

Related records

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Sources

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Official source: https://www.congress.gov/bill/97th-congress/house-bill/7164
Open data entity: https://api.congress.gov/v3/bill/97/hr/7164