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Code · BILL · 113th Congress · H.R. 1 (Introduced in House) — To amend the Internal Revenue Code of 1986 to provide for comprehensive tax reform. · Sec. 6306

Sec. 6306. Treatment of refundable credits for purposes of certain penalties

124 words·~1 min read·/bill/113/hr/1/ih/section-6306

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Section 6664(a) is amended by adding at the end the following: A rule similar to the rule of section 6211(b)(4) shall apply for purposes of this subsection. . Section 6676(a) is amended by striking (other than a claim for a refund or credit relating to the earned income credit under section 32) . The amendment made by subsection
(a)shall apply to— returns filed after February 26, 2014, and returns filed on or before such date if the period specified in section 6501 of the Internal Revenue Code of 1986 for assessment of the taxes with respect to which such return relates has not expired as of such date. The amendment made by subsection
(b)shall apply to claims filed after February 26, 2014.
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