26 U.S.C. § 6659 — Improper claim for Trump account contribution pilot program credit
submitted 1 year ago by Pub. L. 119-21 to r/title-26-INTERNAL-REVENUE-CODE · 111 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
In the case of any individual who makes an election under section 6434 with respect to an individual who is not an eligible child of the taxpayer*—
if such election was made due to negligence or disregard of the rules or regulations, there shall be imposed a penalty of $500, or
if such election was made due to fraud, there shall be imposed a penalty of $1,000.
The terms “negligence” and “disregard” have the same meaning as when such terms are used in section 6662.
Source credit: (Added Pub. L. 119–21, title VII, § 70204(d)(2), July 4, 2025, 139 Stat. 188.)
- 2025Enacted · Pub. L. 119-21 · 139 Stat. 188
A history note hasn’t been published yet. The record shows enactment by Pub. L. 119-21 on 2025-07-04.
all 0 arguments · sorted by: best
no arguments yet — make the first case