26 U.S.C. 6654: Failure by individual to pay estimated income tax

2018

• Pub. L. 115–141, §401(a)(301), substituted "chapter 1, the tax" for "chapter 1 the tax" in introductory provisions. Law text · (a)
• Pub. L. 115–141, §401(b)(48), substituted "by substituting '110 percent' for '100 percent'." for "by substituting the applicable percentage for '100 percent'. For purposes of the preceding sentence, the applicable percentage shall be determined in accordance with the following… Law text · (d)
• Pub. L. 115–141, §401(b)(49), struck out subpar. (D) which set out a special rule for taxable years beginning in 2009. Law text · (d)
• Pub. L. 115–141, §401(d)(1)(D)(xix)(II), struck out "and section 936" before "income" in heading. Law text · (d)
• Pub. L. 115–141, §401(d)(1)(D)(xix)(I), struck out "936(h) or" before "951(a)". Law text · (d)
• Pub. L. 115–141, §401(a)(302), substituted "tax" for "taxes". Law text · (f)

2010

• Pub. L. 111–152, §1402(a)(2)(A), substituted "the tax under chapter 2, and the tax under chapter 2A" for "and the tax under chapter 2" in introductory provisions. (Health Care and Education Reconciliation Act of 2010) Law text · (a)
• Pub. L. 111–152, §1402(a)(2)(B)(i), substituted "plus" for "minus". (Health Care and Education Reconciliation Act of 2010) Law text · (f)
• Pub. L. 111–152, §1402(a)(2)(B)(ii), added par. (3) and redesignated former par. (3) as (4). (Health Care and Education Reconciliation Act of 2010) Law text · (f), (4)
• Pub. L. 111–152, §1402(b)(2), added subsec. (m) and redesignated former subsec. (m) as (n). (Health Care and Education Reconciliation Act of 2010) Law text · (m), (n)

2009

• Pub. L. 111–5 added subpar. (D). (American Recovery and Reinvestment Act of 2009) Law text · (d)

1999

• Pub. L. 106–170 in table substituted items assigning applicable percentages of 108.6 for 1999 and 110 for 2000 for item assigning applicable percentage of 106 for 1999 or 2000. (Ticket to Work and Work Incentives Improvement Act of 1999) Law text · (d)

1998

• Pub. L. 105–277 in table substituted items assigning applicable percentages of 105 for 1998 and 106 for 1999 or 2000 for item assigning applicable percentage of 105 for 1998, 1999, or 2000. (Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act, 1999) Law text · (d)

1997

• Pub. L. 105–34, §1091(a), reenacted heading without change and amended text generally. Prior to amendment, text read as follows: "If the adjusted gross income shown on the return of the individual for the preceding taxable year exceeds $150,000, clause (ii) of subparagraph (B)… (Taxpayer Relief Act of 1997) Law text · (d)
• Pub. L. 105–34, §1202(a), substituted "$1,000" for "$500". (Taxpayer Relief Act of 1997) Law text · (e)

1994

• Pub. L. 103–465 added subpar. (D). · (d)

1993

• Pub. L. 103–66, §13214(a), added subpar. (C) and struck out former subpars. (C) to (F) which related to limitation on use of preceding year's tax, modified adjusted gross income for current year, qualified pass-thru item, and other definitions and special rules, respective… · (d)
• Pub. L. 103–66, §13214(b)(1), struck out before period at end "and subsection (d)(1)(C)(iii) shall not apply". · (j)
• Pub. L. 103–66, §13214(b)(2), substituted "subsection (d)(2)(B)(i)" for "paragraphs (1)(C)(iv) and (2)(B)(i) of subsection (d)". · (l)

1991

• Pub. L. 102–164, §403(a), added subpars. (C) to (F). · (d)
• Pub. L. 102–164, §403(b)(1), amended subpar. (C) generally. Prior to amendment, subpar. (C) read as follows: "the amount of such installment shall be equal to the required annual payment (determined under subsection (d)(1)(B) by substituting '662/3 percent' for '90 percent', and". · (i)
• Pub. L. 102–164, §403(b)(2), inserted before period at end "and subsection (d)(1)(C)(iii) shall not apply". · (j)
• Pub. L. 102–164, §403(b)(3), substituted "paragraphs (l)(C)(iv) and (2)(B)(i) of subsection (d)" for "subsection (d)(2)(B)(i)". · (l)

1989

• Pub. L. 101–239, §7811(j)(5), substituted "this section shall" for "this subsection shall". · (l)
• Pub. L. 101–239, §7811(j)(6), inserted before period at end "(or, if no will is admitted to probate, which is the trust primarily responsible for paying debts, taxes, and expenses of administration)". · (l)

1988

• Pub. L. 100–647, §4005(g)(5), inserted "(other than any increase in such tax by reason of section 143(m))" after "chapter 1". · (f)
• Pub. L. 100–418 amended par. (3) generally. Prior to amendment par. (3) read as follows: "the sum of— · (f)
• Pub. L. 100–647, §1014(d)(2), substituted "Estates and trusts" for "Trusts and certain estates" in heading and amended text generally. Prior to amendment, text read as follows: "This section shall apply to— · (l)
• Pub. L. 100–647, §1014(d)(1), made clarifying amendment to directory language of Pub. L. 99–514, §1404(a), to reflect prior redesignation of subsec. (k) as (l) by section 1841 of Pub. L. 99–514, see 1986 Amendment note below. · (l)

1986

• Pub. L. 99–514, §1511(c)(14), substituted "the underpayment rate established under section 6621" for "the applicable annual rate established under section 6621". · (a)
• Pub. L. 99–514, §1541(a), substituted "90 percent" for "80 percent" in two places. · (d)
• Pub. L. 99–514, §1541(b)(1), in table of applicable percentages increased applicable percentages from "20" to "22.5", from "40" to "45", from "60" to "67.5", and from "80" to "90", respectively. · (d)
• Pub. L. 99–514, §1541(b)(2), substituted "90 percent" for "80 percent". · (i)
• Pub. L. 99–514, §1841, added subsec. (j). Former subsec. (j) redesignated (k). · (j)
• Pub. L. 99–514, §1541(b)(3), which directed the amendment of the table in subpar. (B) by substituting "45" for "40", "65.5" for "60", and "90" for "80", could not be executed because the higher figures appear in the text as enacted by section 1841 of Pub. L. 99–514. · (j)
• Pub. L. 99–514, §1841, redesignated former subsec. (j) as (k). Former subsec. (k) redesignated (l). · (k)
• Pub. L. 99–514, §1404(a), as amended by Pub. L. 100–647, §1014(d)(1), amended subsec. (l) generally. Prior to amendment, subsec. (l) read as follows: "This section shall not apply to any estate or trust." · (l)
• Pub. L. 99–514, §1841, redesignated subsec. (k) as (l). Former subsec. (l) redesignated (m). · (l)
• Pub. L. 99–514, §1841, redesignated former subsec. (l) as (m). · (m)

1984

• Pub. L. 98–369 amended subsec. (a) generally, setting out the exception provision as initial phrase, previously set out as second phrase, substituting "subsection (d)" for "this section"; and substituting "determined by applying—" and provisions designated cls. (1) to (3) for provision… · (a)
• Pub. L. 98–369 amended subsec. (b) generally, substituting provisions relating to amount and period of underpayment for provisions relating only to amount of underpayment. · (b)
• Pub. L. 98–369 amended subsec. (c) generally, substituting provisions relating to number of required installments and due dates for provisions respecting period of underpayment. See subsec. (b)(2) of this section. · (c)
• Pub. L. 98–369 amended subsec. (d) generally, substituting provisions relating to amount of required installments for provisions designated "Exception" and describing conditions for nonimposition of an addition to the tax with respect to any underpayment of any installment. · (d)
• Pub. L. 98–369 amended subsec. (e) generally, substituting provisions relating to exceptions for provisions relating to application of section in case of tax withheld on wages. See subsec. (g) of this section. · (e)
• Pub. L. 98–369 amended subsec. (f) generally, substituting provisions relating to tax computed after application of credits against tax for provisions relating to exception where tax is small amount. See subsec. (e)(1) of this section. · (f)
• Pub. L. 98–369 amended subsec. (g) generally, substituting provisions relating to application of section in case of tax withheld on wages for provisions relating to tax computed after application of credits against tax. See subsec. (f) of this section. · (g)
• Pub. L. 98–369 amended subsec. (h) generally, substituting provisions relating to special rule for returns filed on or before January 31 for provisions relating to exception for no tax liability for preceding taxable year. See subsec. (e)(2) of this section. · (h)
• Pub. L. 98–369 amended subsec. (i) generally, substituting provisions relating to special rules for farmers and fishermen for provisions relating to short taxable year. See subsec. (j)(2) of this section. · (i)
• Pub. L. 98–369, in amending section generally, added subsecs. (j) to (l). · (j), (k), (l)

1983

• Pub. L. 98–67 repealed amendments made by Pub. L. 97–248. See 1982 Amendment note below. · (e)
• Pub. L. 97–448, §107(c)(1), inserted ", reduced by the credit allowable under section 31," before "is less than". · (f)
• Pub. L. 97–448, §201(j)(3), amended subpar. (B) generally. Prior to amendment, subpar. (B) read as follows: "to the extent allowed under regulations prescribed by the Secretary, any amount which is treated under section 6429 or 6430 as an overpayment of the tax imposed by section… · (g)
• Pub. L. 97–448, §106(a)(4)(C), inserted "or 6430" after "section 6429". · (g)

1982

• Pub. L. 97–248, §§307(a)(14), 308(a), provided that, applicable to payments of interest, dividends, and patronage dividends paid or credited after June 30, 1983, par. (1) is amended by inserting ", interest, dividends, and patronage dividends" after "tax withheld at source on wages"… · (e)
• Pub. L. 97–248, §328(a)(2), substituted "(f), and (h)" for "and (f)". · (g)
• Pub. L. 97–248, §201(d)(7), formerly §201(c)(7), substituted "section 55" for "section 55 or 56". · (g)
• Pub. L. 97–248, §§307(a)(14), 308(a), provided that, applicable to payments of interest, dividends, and patronage dividends paid or credited after June 30, 1983, subsec. (g)(3) is amended by inserting ", interest, dividends, and patronage dividends" after "tax withheld at source on … · (g)
• Pub. L. 97–248, §328(a)(1), added subsec. (h) and redesignated former subsec. (h) as (i). · (h), (i)

1981

• Pub. L. 97–34, §725(b), added subsec. (f). Former subsec. (f) redesignated (g). · (f)
• Pub. L. 97–34, §601(a)(6)(A), inserted "the sum of—" after "(3)", designated former par. (3) as subpar. (A), and added subpar. (B). · (f)
• Pub. L. 97–34, §§601(a)(6)(A), 725(b), (c)(5), redesignated former subsec. (f) as (g), inserted reference to subsec. (f) in introductory text, and "the sum of—" after "(3)", designated former par. (3) as subpar. (A), and added subpar. (B). Former subsec. (g) redesignated (h). · (g), (h)

1978

• Pub. L. 95–600 substituted "section 55 or 56" for "section 56". · (f)

1977

• Pub. L. 95–30 substituted provisions directing that the placement of taxable income on an annualized basis be accomplished under regulations prescribed by the Secretary for provisions which had spelled out in detail the formula under which taxable income would be placed on an ann… · (d)

1976

• Pub. L. 94–455, §1906(b)(13)(A), struck out "or his delegate" after "Secretary". · (g)
• Pub. L. 94–455, §1906(a)(35), struck out subsec. (h) which provided that this section shall apply to taxable years beginning after Dec. 31, 1954 and that section 294(d) of the Internal Revenue Code of 1939 shall continue in force with respect to taxable years beginning before Jan. 1, 1… · (h)

1975

• Pub. L. 93–625 substituted "an annual rate established under section 6621" for "the rate of 6 percent per annum". · (a)

1973

• Pub. L. 93–233, §5(b)(7), effective with respect to taxable years beginning after 1973, substituted "$13,200" for "$12,600". · (d)
• Pub. L. 93–233, §5(d), applicable only with respect to remuneration paid after, and taxable years beginning after, 1973 (as provided in section 5(e) of Pub. L. 93–233, set out as an Effective Date of 1973 Amendments note under section 409 of Title 42, The Public Health and Welfare), amended section… · (d)
• Pub. L. 93–66, §203(b)(7), effective with respect to taxable years beginning after 1973, substituted "$12,600" for "$12,000". · (d)
• Pub. L. 93–66, §203(d), applicable only with respect to remuneration paid after, and taxable years beginning after, 1973 (as provided in section 203(e) of Pub. L. 93–66, set out as an Effective Date of 1973 Amendments note under section 409 of Title 42, The Public Health and Welfare), amended secti… · (d)

1972

• Pub. L. 92–336, §203(b)(7)(A) substituted "$10,800" for "$9,000". · (d)
• Pub. L. 92–336, §203(b)(7)(B), effective with respect to taxable years beginning after 1973, substituted "$12,000" for "$10,800". · (d)
• Pub. L. 92–336, §203(b)(7)(C), effective with respect to taxable years beginning after 1974, substituted "(I) an amount equal to the contribution and benefit base (as determined under section 230 of the Social Security Act) which is effective for the calendar year in which the taxable year begins, … · (d)

1971

• Pub. L. 92–5 substituted "$9,000" for "$6,600". · (d)

1969

• Pub. L. 91–172 inserted "(other than by section 56)" after "chapter 1". · (f)

1966

• Pub. L. 89–368, §102(b)(1), inserted "and the tax under chapter 2" after "chapter 1". · (a)
• Pub. L. 89–368, §103(a), substituted "80 percent" for "70 percent" whenever appearing. · (b)
• Pub. L. 89–368, §§102(b)(2), 103(a), inserted requirement that, for purposes of applying the annualization exception, the tax on adjusted self-employment income be included in determining if the net earnings from self-employment for the taxable year equal or exceed $400, inserted defin… · (d)
• Pub. L. 89–368, §102(b)(3), inserted tax imposed by chapter 2 to definition of "tax". · (f)

1962

• Pub. L. 87–682 inserted "or fishing" after "from farming" wherever appearing. · (b), (d)