§ 1.860-4. Claim for credit or refund.
147 words·~1 min read·
/us/cfr/t26/s§ 1.860-4·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If the allowance of a deduction for a deficiency dividend results in an overpayment of tax, the taxpayer, in order to secure credit or refund of the overpayment, must file a claim on Form 1120X in addition to the claim for the deficiency dividend deduction required under section 860(g). The credit or refund will be allowed as if on the date of the determination (as defined in section 860(e)) two years remained before the expiration of the period of limitations on the filing of claim for refund for the taxable year to which the overpayment relates.
(The reporting requirements of this section were approved by the Office of Management and Budget under control number 1545-0045) (Sec. 7805, 68A Stat. 917; 26 U.S.C. 7805; sec. 860(e) (92 Stat. 2849, 26 U.S.C. 860(e)); sec. 860(g) (92 Stat. 2850, 26 U.S.C. 860(g))) [T.D. 7936, 49 FR 2109, Jan. 18, 1984]
Connectionstraces to 2
Traces to 2 documents
3 references not yet in our index
- 92 Stat. 2849
- 92 Stat. 2850
- T.D. 7936
Citation graph
cites case law
§ 1.860-4
Claim for credit or refund.
Stat.92 Stat. 2849
Stat.92 Stat. 2850
Treas. Dec.T.D. 7936
Cites 5Cited by 0 across 0 sources