26 U.S.C. § 6096 — Designation by individuals
submitted 60 years ago by Pub. L. 89-809 to r/title-26-INTERNAL-REVENUE-CODE · 275 words · no verdicts yet
An individual with at least $3 of income-tax liability may designate $3 for the Presidential Election Campaign Fund. The section sets the reduced-tax calculation and explains when and how to make the designation.
(a) In general. Each individual other than a nonresident alien whose income-tax liability for the taxable year* is at least $3 may designate $3 to be paid to the Presidential Election Campaign Fund* under section 9006(a). On a joint return* with income-tax liability of at least $6, each spouse may designate $3.
(b) Income-tax liability. For subsection (a), an individual’s liability is the chapter 1 tax shown on the return, minus the credits shown on the return that are allowed under part IV of subchapter A of chapter 1, other than subpart C.
(c) Manner and time. A designation may be made for a taxable year (1) when filing the chapter 1 tax return for that year, or (2) at another time after filing, if the Secretary’s regulations specify it. The designation must be made in the manner set by regulation. If made when filing, it must be on the first page or the page bearing the taxpayer’s signature.
Every individual (other than a nonresident alien) whose income tax liability for the taxable year* is $3 or more may designate that $3 shall be paid over to the Presidential Election Campaign Fund* in accordance with the provisions of section 9006(a). In the case of a joint return* of husband and wife having an income tax liability of $6 or more, each spouse may designate that $3 shall be paid to the fund.
For purposes of subsection (a), the income tax liability of an individual for any taxable year is the amount of the tax imposed by chapter 1 on such individual for such taxable year (as shown on his return), reduced by the sum of the credits (as shown in his return) allowable under part IV of subchapter A of chapter 1 (other than subpart C thereof).
A designation under subsection (a) may be made with respect to any taxable year—
at the time of filing the return of the tax imposed by chapter 1 for such taxable year, or
at any other time (after the time of filing the return of the tax imposed by chapter 1 for such taxable year) specified in regulations prescribed by the Secretary*.
Such designation shall be made in such manner as the Secretary prescribes by regulations except that, if such designation is made at the time of filing the return of the tax imposed by chapter 1 for such taxable year, such designation shall be made either on the first page of the return or on the page bearing the taxpayer’s signature.
Source credit: (Added Pub. L. 89–809, title III, § 302(a), Nov. 13, 1966, 80 Stat. 1587; amended Pub. L. 92–178, title VIII, § 802(a), Dec. 10, 1971, 85 Stat. 573; Pub. L. 93–53, § 6(a), July 1, 1973, 87 Stat. 138; Pub. L. 94–12, title II, §§ 203(b)(4), 208(d)(4), Mar. 29, 1975, 89 Stat. 30, 35; Pub. L. 94–455, title IV, § 401(a)(2)(C), title V, § 504(c)(2), title XIX, § 1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1555, 1565, 1834; Pub. L. 95–30, title II, § 202(d)(6), May 23, 1977, 91 Stat. 151; Pub. L. 95–618, title I, § 101(b)(4), Nov. 9, 1978, 92 Stat. 3180; Pub. L. 96–223, title II, §§ 231(b)(2), 232(b)(3)(C), Apr. 2, 1980, 94 Stat. 272, 276; Pub. L. 97–34, title II, § 221(c)(1), title III, § 331(e)(1), Aug. 13, 1981, 95 Stat. 247, 295; Pub. L. 97–414, § 4(c)(2), Jan. 4, 1983, 96 Stat. 2056; Pub. L. 98–369, div. A, title IV, § 474(r)(31), July 18, 1984, 98 Stat. 845; Pub. L. 103–66, title XIII, § 13441(a), Aug. 10, 1993, 107 Stat. 567.)
- 1966Enacted · Pub. L. 89-809 · 80 Stat. 1587
- 1971Amended · Pub. L. 92-178 · 85 Stat. 573
- 1973Amended · Pub. L. 93-53 · 87 Stat. 138
- 1975Amended · Pub. L. 94-12 · 89 Stat. 30, 35
- 1976Amended · Pub. L. 94-455 · 90 Stat. 1555, 1565, 1834
- 1977Amended · Pub. L. 95-30 · 91 Stat. 151
- 1978Amended · Pub. L. 95-618 · 92 Stat. 3180
- 1980Amended · Pub. L. 96-223 · 94 Stat. 272, 276
- 1981Amended · Pub. L. 97-34 · 95 Stat. 247, 295
- 1983Amended · Pub. L. 97-414 · 96 Stat. 2056
- 1984Amended · Pub. L. 98-369 · 98 Stat. 845
- 1993Amended · Pub. L. 103-66 · 107 Stat. 567
A history note hasn’t been published yet. The record shows enactment by Pub. L. 89-809 on 1966-11-13.
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