(b)(7)(C). 105–33, §11246(b)(2)(A), as added by Pub. 105–277, inserted “(other than the Federal Employees Retirement System provided in chapter 84 of title 5, United States Code)” after “law of the United States” in introductory provisions. Chapter 9 of the Internal Revenue Code of 1939, referred to in subsec. (j)(4)(B), was comprised of sections 1400 to 1636 of former Title 26, Internal Revenue Code. For table of comparisons of the 1939 Code to the 1986 Code, see Table I preceding section 1 of this title.
Effective Date of 1956 Amendment
98–21 set out as a note under section 406 of this title. Amendment by section 12112(b) of Pub. 99–272 effective with respect to service performed after Dec. 31, 1983, see section 12112(c) of Pub. Law Firm Accounts Receivable Management 99–272, set out as a note under section 409 of Title 42.
Calculation and Payment
Amendment by section 104(i) of Pub. 92–603 applicable only with respect to payments after 1974, see section 104(j) of Pub. 92–603, set out as a note under section 414 of Title 42, The Public Health and Welfare.
- 93–66, §203(b)(4), effective with respect to remuneration paid after 1973, substituted “$12,600” for “$12,000” wherever appearing.
- 92–336, §204(b)(3), inserted references to 1976 and 1977 and substituted “0.9” for “0.65” in par.
- 110–458 effective as if included in the provisions of Pub.
- Any forms, instructions, regulations, or guidance described in paragraph (2) shall require the customer to be responsible for the accounting of the credit and for any liability for improperly claimed credits and shall require the certified professional employer organization or other third party payor to accurately report such tax credits based on the information provided by the customer.
- Of Title 42, The Public Health and Welfare, extended to officers and employees coming under provisions of such amendments, see section 317(g) of Pub.
- 92–336, §203(b)(4)(C), effective with respect to remuneration paid after 1974, substituted “contribution and benefit base” for “$12,000”.
Part 3: Confidence Going Into Retirement
108–121, set out as a note under section 134 of this title. Amendment by section 313 of Pub. 89–97 applicable only with respect to tips received by employees after 1965, see section 313(f) of Pub.
Effective Date of 1960 Amendments
For purposes of the taxes imposed by sections 3101(b) and 3111(b), subsection (b) shall be applied without regard to paragraph (5) thereof. (B) If an overpayment cannot be adjusted under subparagraph (A), the amount thereof shall be paid by the Secretary, through the Fiscal Service of the Treasury Department, but only if a claim for such overpayment is filed with the Secretary within two years from the time such overpayment was made. “(i) Treatment of Deposits.—The Secretary of the Treasury (or the Secretary’s delegate) shall waive any penalty under federal insurance contributions act section 6656 of the Internal Revenue Code of 1986 for any failure to make a deposit of the tax imposed by section 3111(a) or 3221(a) of such Code if the Secretary determines that such failure was due to the anticipation of the credit allowed under this section.” “(2) Election not to have section apply.—This section shall not apply with respect to any employer for any calendar quarter if such employer elects (at such time and in such manner as the Secretary of the Treasury (or the Secretary’s delegate) may prescribe) not to have this section apply. “(2) Deposits.—Notwithstanding section 6302 of the Internal Revenue Code of 1986, an employer shall be treated as having timely made all deposits of applicable employment taxes that are required to be made (without regard to this section) for such taxes during the payroll tax deferral period if all such deposits are made not later than the applicable date. “(k) Treatment of Deposits.—The Secretary shall waive any penalty under section 6656 of the Internal Revenue Code of 1986 for any failure to make a deposit of any applicable employment taxes if the Secretary determines that such failure was due to the reasonable anticipation of the credit allowed under this section.
Employee Contributions
99–514, set out as a note under section 79 of this title. Amendment by sections 1001(d)(2)(C)(i), (g)(4)(B)(i), 1011(e)(8), 1011B(a)(23)(A), and 1018(u)(35) of Pub. 100–647 effective, except as otherwise provided, as if included in the provision of the Tax Reform Act of 1986, Pub. 99–514, to which such amendment relates, see section 1019(a) of Pub.
(a) to (c) as (b) to (d), respectively. Amendment by act Aug. 1, 1956, effective Jan. 1, 1956, see act Aug. 1, 1956, ch. trial balance 837, title VI, §603(a), 70 Stat. 887. 2006—Pub. 109–241 substituted “Secretary of the Department in which the Coast Guard is operating” for “Secretary of Transportation” in two places.