26-U.S.C.-6521
§6521 – Mitigation of Effect of Limitation In Case of Related Taxes Under Different Chapters
Pathway
Title 26 > Subtitle F > Chapter 66 > Subchapter C > Section 6521
Details
- Reference: Section 6521
- Legend: §6521 – Mitigation of Effect of Limitation In Case of Related Taxes Under Different Chapters
- USCode Year: 2013
Provision Content
(a) Self-employment tax and tax on wages
In the case of the tax imposed by chapter 2 (relating to tax on self-employment income) and the tax imposed by section 3101 (relating to tax on employees under the Federal Insurance Contributions Act)—
(1) If an amount is erroneously treated as self-employment income, or if an amount is erroneously treated as wages, and
(2) If the correction of the error would require an assessment of one such tax and the refund or credit of the other tax, and
(3) If at any time the correction of the error is authorized as to one such tax but is prevented as to the other tax by any law or rule of law (other than section 7122, relating to compromises),
then, if the correction authorized is made, the amount of the assessment, or the amount of the credit or refund, as the case may be, authorized as to the one tax shall be reduced by the amount of the credit or refund, or the amount of the assessment, as the case may be, which would be required with respect to such other tax for the correction of the error if such credit or refund, or such assessment, of such other tax were not prevented by any law or rule of law (other than section 7122, relating to compromises).
(b) Definitions
For purposes of subsection (a), the terms self-employment income and wages shall have the same meaning as when used in section 1402(b).
(Aug. 16, 1954, ch. 736, 68A Stat. 814.)
References in Text
The Federal Insurance Contributions Act, referred to in subsec. (a), is act Aug. 16, 1954, ch. 736, §§3101, 3102, 3111, 3112, 3121 to 3128, 68A Stat. 415, as amended, which is classified generally to chapter 21 (§3101 et seq.) of this title. For complete classification of this Act to the Code, see section 3128 of this title and Tables.
U.S. Encyclopedia of Law Coverage
26-U.S.C.-6504 in the Legal Encyclopedia: Tax Administration
In this entry about 26-U.S.C.-6504, find legal reference material, bibliographies and premiere content related to tax administration in the American Encyclopedia of Law, presenting a comprehensive view of the United States tax administration-specific issues, written by authorities in the field.
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