Source: https://www.law.cornell.edu/uscode/text/26/1314
Timestamp: 2016-02-06 14:07:19
Document Index: 427075899

Matched Legal Cases: ['§ 1314', '§ 1314', '§ 1314', '§\u202f1314', '§\u202f59', '§\u202f809', '§\u202f512', '§\u202f1906', '§\u202f221', '§\u202f512', '§\u202f512']

26 U.S. Code § 1314 - Amount and method of adjustment | US Law | LII / Legal Information Institute
U.S. Code › Title 26 › Subtitle A › Chapter 1 › Subchapter Q › Part II › § 1314 26 U.S. Code § 1314 - Amount and method of adjustment
§ 1314.
(a) Ascertainment of amount of adjustmentIn computing the amount of an adjustment under this part there shall first be ascertained the tax previously determined for the taxable year with respect to which the error was made. The amount of the tax previously determined shall be the excess of—
the amount shown as the tax by the taxpayer on his return (determined as provided in section 6211(b)(1), (3), and (4), relating to the definition of deficiency), if a return was made by the taxpayer and an amount was shown as the tax by the taxpayer thereon, plus
the amounts previously assessed (or collected without assessment) as a deficiency, over—
the amount of rebates, as defined in section 6211(b)(2), made.
(Aug. 16, 1954, ch. 736, 68A Stat. 340; Pub. L. 85–866, title I, § 59(b), Sept. 2, 1958, 72 Stat. 1647; Pub. L. 89–44, title VIII, § 809(d)(5)(B), June 21, 1965, 79 Stat. 168; Pub. L. 91–172, title V, § 512(f)(7), (8), Dec. 30, 1969, 83 Stat. 641, 642; Pub. L. 94–455, title XIX, § 1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1834; Pub. L. 113–295, div. A, title II, § 221(a)(87), Dec. 19, 2014, 128 Stat. 4050.)
2014—Subsecs. (d), (e). Pub. L. 113–295 redesignated subsec. (e) as (d) and struck out former subsec. (d). Prior to amendment, text of subsec. (d) read as follows: “No adjustment shall be made under this part in respect of any taxable year beginning prior to January 1, 1932.”
1969—Subsec. (a). Pub. L. 91–172, § 512(f)(7), substituted “capital loss carryback or carryover” for “capital loss carryover”.
Subsec. (b). Pub. L. 91–172, § 512(f)(8), inserted reference to net capital loss.
1965—Subsec. (a)(1)(A). Pub. L. 89–44 struck out “(b)(1) and (3)” and inserted in lieu thereof “(b)(1), (3), and (4)”.
1958—Subsec. (c). Pub. L. 85–866 substituted in second sentence “The” for “Other than in the case of an adjustment resulting from a determination under section 1313(a)(4), the”.
We truncate results at 20000 items. After that, you're on your own. Method of Adjustment : 2009-07-02