Source: https://irc.bloombergtax.com/public/uscode/doc/irc/section_6511
Timestamp: 2020-06-03 06:19:10
Document Index: 540553210

Matched Legal Cases: ['§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511', '§ 6511']

Internal Revenue Code, § 6511. Limitations On Credit Or Refund
§ 6511
I.R.C. § 6511(a) Period Of Limitation On Filing Claim —
I.R.C. § 6511(b) Limitation On Allowance Of Credits And Refunds
I.R.C. § 6511(b)(1) Filing Of Claim Within Prescribed Period —
I.R.C. § 6511(b)(2) Limit On Amount Of Credit Or Refund
I.R.C. § 6511(b)(2)(A) Limit Where Claim Filed Within 3-Year Period —
I.R.C. § 6511(b)(2)(B) Limit Where Claim Not Filed Within 3-Year Period —
I.R.C. § 6511(b)(2)(C) Limit If No Claim Filed —
I.R.C. § 6511(c) Special Rules Applicable In Case Of Extension Of Time By Agreement —
If an agreement under the provisions of section 6501(c)(4) extending the period for assessment of a tax imposed by this title is made within the period prescribed in subsection (a) for the filing of a claim for credit or refund—
I.R.C. § 6511(c)(1) Time For Filing Claim —
I.R.C. § 6511(c)(2) Limit On Amount —
I.R.C. § 6511(c)(3) Claims Not Subject To Special Rule —
This subsection shall not apply in the case of a claim filed, or credit or refund allowed if no claim is filed, either—
I.R.C. § 6511(c)(3)(A) —
prior to the execution of the agreement or
I.R.C. § 6511(c)(3)(B) —
more than 6 months after the expiration of the period within which an assessment may be made pursuant to the agreement or any extension thereof.
I.R.C. § 6511(d) Special Rules Applicable To Income Taxes
I.R.C. § 6511(d)(1) Seven-Year Period Of Limitation With Respect To Bad Debts And Worthless Securities —
I.R.C. § 6511(d)(1)(A) —
The deductibility by the taxpayer, under section 166 or section 832(c), of a debt as a debt which became worthless, or, under section 165(g), of a loss from worthlessness of a security, or
I.R.C. § 6511(d)(1)(B) —
The effect that the deductibility of a debt or loss described in subparagraph (A) has on the application to the taxpayer of a carryover, in lieu of the 3-year period of limitation prescribed in subsection (a),
the period shall be 7 years from the date prescribed by law for filing the return for the year with respect to which the claim is made. If the claim for credit or refund relates to an overpayment on account of the effect that the deductibility of such a debt or loss has on the application to the taxpayer of a carryback, the period shall be either 7 years from the date prescribed by law for filing the return for the year of the net operating loss which results in such carryback or the period prescribed in paragraph (2) of this subsection, whichever expires the later. In the case of a claim described in this paragraph the amount of the credit or refund may exceed the portion of the tax paid within the period prescribed in subsection (b)(2) or (c), whichever is applicable, to the extent of the amount of the overpayment attributable to the deductibility of items described in this paragraph.
I.R.C. § 6511(d)(2) Special Period Of Limitation With Respect To Net Operating Loss Or Capital Loss Carrybacks
I.R.C. § 6511(d)(2)(A) Period Of Limitation —
I.R.C. § 6511(d)(2)(B) Applicable Rules
I.R.C. § 6511(d)(2)(B)(i) In General —
I.R.C. § 6511(d)(2)(B)(ii) Tentative Carryback Adjustments —
I.R.C. § 6511(d)(2)(B)(iii) Determinations By Courts To Be Conclusive —
In the case of any such claim for credit or refund or any such application for a tentative carryback adjustment, the determination by any court, including the Tax Court, in any proceeding in which the decision of the court has become final, shall be conclusive except with respect to—
I.R.C. § 6511(d)(2)(B)(iii)(I) —
the net operating loss deduction and the effect of such deduction, and
I.R.C. § 6511(d)(2)(B)(iii)(II) —
the determination of a short-term capital loss and the effect of such short-term capital loss, to the extent that such deduction or short-term capital loss is affected by a carryback which was not an issue in such proceeding.
I.R.C. § 6511(d)(3) Special Rules Relating To Foreign Tax Credit
I.R.C. § 6511(d)(3)(A) Special Period Of Limitation With Respect To Foreign Taxes Paid Or Accrued —
I.R.C. § 6511(d)(3)(B) Exception In The Case Of Foreign Taxes Paid Or Accrued —
I.R.C. § 6511(d)(4) Special Period Of Limitation With Respect To Certain Credit Carrybacks
I.R.C. § 6511(d)(4)(A) Period Of Limitation —
I.R.C. § 6511(d)(4)(B) Applicable Rules —
If the allowance of a credit or refund of an overpayment of tax attributable to a credit carryback is otherwise prevented by the operation of any law or rule of law other than section 7122, relating to compromises, such credit or refund may be allowed or made, if claim therefor is filed within the period provided in subparagraph (A) of this paragraph. In the case of any such claim for credit or refund, the determination by any court, including the Tax Court, in any proceeding in which the decision of the court has become final, shall not be conclusive with respect to any credit, and the effect of such credit, to the extent that such credit is affected by a credit carryback which was not in issue in such proceeding.
I.R.C. § 6511(d)(4)(C) Credit Carryback Defined —
For purposes of this paragraph, the term “credit carryback" means any business carryback under section 39.
I.R.C. § 6511(d)(5) Special Period Of Limitation With Respect To Self-Employment Tax In Certain Cases —
If the claim for credit or refund relates to an overpayment of the tax imposed by chapter 2 (relating to the tax on self-employment income) attributable to an agreement, or modification of an agreement, made pursuant to section 218 of the Social Security Act (relating to coverage of State and local employees), and if the allowance of a credit or refund of such overpayment is otherwise prevented by the operation of any law or rule of law other than section 7122 (relating to compromises), such credit or refund may be allowed or made if claim therefor is filed on or before the last day of the second year after the calendar year in which such agreement (or modification) is agreed to by the State and the Commissioner of Social Security.
I.R.C. § 6511(d)(6) Special Period Of Limitation With Respect To Amounts Included In Income Subsequently Recaptured Under Qualified Plan Termination —
If the claim for credit or refund relates to an overpayment of tax imposed by subtitle A on account of the recapture, under section 4045 of the Employee Retirement Income Security Act of 1974, of amounts included in income for a prior taxable year, the 3-year period of limitation prescribed in subsection (a) shall be extended, for purposes of permitting a credit or refund of the amount of the recapture, until the date which occurs one year after the date on which such recaptured amount is paid by the taxpayer.
I.R.C. § 6511(d)(7) Special Period Of Limitation With Respect To Self-Employment Tax In Certain Cases —
I.R.C. § 6511(d)(7)(A) —
the claim for credit or refund relates to an overpayment of the tax imposed by chapter 2 (relating to the tax on self-employment income) attributable to Tax Court determination in a proceeding under section 7436, and
I.R.C. § 6511(d)(7)(B) —
the allowance of a credit or refund of such overpayment is otherwise prevented by the operation of any law or rule of law other than section 7122 (relating to compromises),
such credit or refund may be allowed or made if claim therefor is filed on or before the last day of the second year after the calendar year in which such determination becomes final.
I.R.C. § 6511(d)(8) Special Rules When Uniformed Services Retired Pay Is Reduced As A Result Of Award Of Disability Compensation
I.R.C. § 6511(d)(8)(A) Period Of Limitation On Filing Claim —
I.R.C. § 6511(d)(8)(A)(i) —
I.R.C. § 6511(d)(8)(A)(ii) —
I.R.C. § 6511(d)(B) Limitation To 5 Taxable Years —
I.R.C. § 6511(e) Special Rules In The Case Of Manufactured Sugar —
[Repealed--1990 Rev. Recon. Act, sec. 11801(c)(22)(C)]
I.R.C. § 6511(f) Special Rule For Chapter 42 And Similar Taxes —
For purposes of any tax imposed by section 4912, chapter 42, or section 4975, the return referred to in subsection (a) shall be the return specified in section 6501(l)(1).
I.R.C. § 6511(g) Special Rule For Claims With Respect To Partnership Items —
Editor's Note: Pub. L. 114-74, Sec. 1101(f)(6), struck subsec. (g), effective for returns filed for partnership taxable years beginning after December 31, 2017; however, Act Sec. 1101(g)(4) provides that partnerships may elect the amendments made by Act Sec. 1101 (other than the election under Code Sec. 6221(b)) to apply to any return of the partnership filed for partnership taxable years beginning after Nov. 2, 2015, and before Jan. 1, 2018.
In the case of any tax imposed by subtitle A with respect to any person which is attributable to any partnership item (as defined in section 6231(a)(3)), the provisions of section 6227 and subsections (c) and (d) of section 6230 shall apply in lieu of the provisions of this subchapter.
I.R.C. § 6511(h) Running Of Periods Of Limitation Suspended While Taxpayer Is Unable To Manage Financial Affairs Due To Disability
I.R.C. § 6511(h)(1) In General —
In the case of an individual, the running of the periods specified in subsections (a), (b), and (c) shall be suspended during any period of such individual's life that such individual is financially disabled.
I.R.C. § 6511(h)(2) Financially Disabled
I.R.C. § 6511(h)(2)(A) In General —
I.R.C. § 6511(h)(2)(B) Exception Where Individual Has Guardian, Etc. —
I.R.C. § 6511(i) Cross References
I.R.C. § 6511(i)(1) —
For time return deemed filed and tax considered paid, see section 6513.
I.R.C. § 6511(i)(2) —
For limitations with respect to certain credits against estate tax, see sections 2014(b) and 2015.
I.R.C. § 6511(i)(3) —
For limitations in case of floor stocks refunds, see section 6412.
I.R.C. § 6511(i)(4) —
For a period of limitations for credit or refund in the case of joint income returns after separate returns have been filed, see section 6013(b)(3).
I.R.C. § 6511(i)(5) —
For limitations in case of payments under section 6420 (relating to gasoline used on farms), see section 6420(b).
I.R.C. § 6511(i)(6) —
For limitations in case of payments under section 6421 (relating to gasoline used for certain nonhighway purposes or by local transit systems), see section 6421(d).
I.R.C. § 6511(i)(7) —
For a period of limitations for refund of an overpayment of penalties imposed under section 6694 or 6695, see section 6696(d)(2).
(Aug. 16, 1954, ch. 736, 68A Stat. 808 ; Apr. 2, 1956, ch. 160, Sec. 4(e), 70 Stat. 91; June 29, 1956, ch. 462, title II, Sec. 208(e)(6), 70 Stat. 397; Sept. 2, 1958, Pub. L. 85-866, title I, Sec. 82, 72 Stat. 1663; Sept. 16, 1959, Pub. L. 86-280, Sec. 1(a), 73 Stat. 563; Oct. 11, 1962, Pub. L. 87-794, title III, Sec. 317(d), 76 Stat. 891; Oct. 16, 1962, Pub. L. 87-834, Sec. 2(e)(2), 76 Stat. 971; Feb. 26, 1964, Pub. L. 88-272, title II, Sec. 232(d), 239, 78 Stat. 111, 128; Sept. 2, 1964, Pub. L. 88-571, Sec. 3(c), 78 Stat. 858; Nov. 8, 1965, Pub. L. 89-331, Sec. 9(c), 79 Stat. 1278; Dec. 27, 1967, Pub. L. 90-225, Sec. 2(d), 81 Stat. 731; Dec. 30, 1969, Pub. L. 91-172, title I, Sec. 101(h), title III, Sec. 311(d)(3), title V, Sec. 512(e)(2), 83 Stat. 525, 588, 640; Dec. 10, 1971, Pub. L. 92-178, title VI, Sec. 601(d)(2), 85 Stat. 558; Sept. 2, 1974, Pub. L. 93-406, title IV, Sec. 4401(b), formerly Sec. 4081(b), 88 Stat. 1034, as renumbered Sept. 26, 1980, Pub. L. 96-364, title I, Sec. 108(a), 94 Stat. 1267; Oct. 4, 1976, Pub. L. 94-455, title XII, Sec. 1203(h)(3), title XIX, Sec. 1906(a)(33), title XXI, Sec. 2107(g)(2)(B), 90 Stat. 1694, 1829, 1904; May 23, 1977, Pub. L. 95-30, title II, Sec. 202(d)(4)(B), 91 Stat. 149; Nov. 6, 1978, Pub. L. 95-600, title II, Sec. 212(b)(1), title VII, Sec. 703(p)(3), 92 Stat. 2819, 2944; Nov. 10, 1978, Pub. L. 95-628, Sec. 8(a), (b), 92 Stat. 3630, 3631; Apr. 1, 1980, Pub. L. 96-222, title I, Sec. 102(a)(2)(B), 108(b)(1)(B), 94 Stat. 208, 226; Apr. 2, 1980, Pub. L. 96-223, title I, Sec. 101(g)(2), 94 Stat. 254; Dec. 24, 1980, Pub. L. 96-598, Sec. 1(c), 94 Stat. 3486; Aug. 13, 1981, Pub. L. 97-34, title II, Sec. 221(b)(2)(A), title III, Sec. 331(d)(2)(A), 95 Stat. 247, 295; Sept. 3, 1982, Pub. L. 97-248, title IV, Sec. 402(c)(7), 96 Stat. 667; July 18, 1984, Pub. L. 98-369, div. A, title I, Sec. 163(b)(2), title II, Sec. 211(b)(25), title IV, Sec. 474(r)(40), title VII, Sec. 714(p)(2)(G), 735(c)(14), div. B, title VI, Sec. 2663(j)(5)(F), 98 Stat. 698, 757, 847, 965, 984, 1171; Oct. 22, 1986, Pub. L. 99-514, title I, Sec. 141(b)(3), title II, Sec. 231(d)(3)(I), title XVIII, Sec. 1847(b)(15), 100 Stat. 2117, 2180, 2857; Aug. 23, 1988, Pub. L. 100-418, title I, Sec. 1941(b)(2)(I), 102 Stat. 1323; Nov. 10, 1988, Pub. L. 100-647, title I, Sec. 1017(c)(11), 1018(u)(21), (51), 102 Stat. 3577, 3591, 3593; Nov. 5, 1990, Pub. L. 101-508, title XI, Sec. 11801(c)(17)(B), (22)(C), 104 Stat. 1388-527, 1388-528; Aug. 15, 1994, Pub. L. 103-296, title I, Sec. 108(h)(8); Pub. L. 105-34, title X, XIV, Sec. 1056(a), 1454(b)(1), Aug. 5, 1997, 111 Stat 788; Pub. L. 105-206, title III, Sec. 3202(a), July 22, 1998, 112 Stat 685; Pub. L. 107-16, title V, Sec. 532(c)(11), June 7, 2001, 115 Stat. 38; Pub. L. 110-245, Sec. 106(a), June 17, 2008, 122 Stat. 1624; Pub. L. 114-74, title XI, Sec. 1101(f)(6), Nov. 2, 2015.)
2015 - Subsec. (g). Pub. L. 114-74, Sec. 1101(f)(6), struck subsec. (g). Before being struck, it read as follows:
“(g) Special Rule For Claims With Respect To Partnership Items.—In the case of any tax imposed by subtitle A with respect to any person which is attributable to any partnership item (as defined in section 6231(a)(3)), the provisions of section 6227 and subsections (c) and (d) of section 6230 shall apply in lieu of the provisions of this subchapter.”
2008 - Subsec. (d)(8). Pub. L. 110-245, Sec. 106(a), amended subsec. (d) by adding par. (8).
2001 - Subsec. (i)(2). Pub. L. 107-16, Sec. 532(i)(2), amended par. (2) by substituting “2014(b)” for “2011(c), 2014(b),”.
1998 - Subsec.(h), (i). Pub. L. 105-206, Sec. 3202(a), redesignated subsec. (h) as subsec. (i) and inserted new subsec. (h).
1997 - Subsec. (d)(7). Pub. L. 105-34, Sec. 1454(b)(1), added par. (7).
Subsec. (d)(3)(A). Pub. L. 105-34, Sec. 1056(a), struck out “for the year with respect to which the claim is made" inserted “for the year in which such taxes were actually paid or accrued”.
1994 - Subsec. (d)(5). Pub. L. 103-296, Sec. 108(h)(8), struck out ‘Secretary of Health and Human Services’ and substituted ‘Commissioner of Social Security’.
1990 - Subsec. (d)(2)(A). Pub. L. 101-508, Sec. 11801(c)(17)(B), struck out before period at end of first sentence ‘; except that with respect to an overpayment attributable to the creation of, or an increase in a net operating loss carryback as a result of the elimination of excessive profits by a renegotiation (as defined in section 1481(a)(1)(A)), the period shall not expire before the expiration of the 12th month following the month in which the agreement or order for the elimination of such excessive profits becomes final’.
Subsec. (e). Pub. L. 101-508, Sec. 11801(c)(22)(C), struck out subsec. (e) which related to special rules in case of manufactured sugar either exported, used as livestock feed, or for distillation or production of alcohol.
1988 - Subsec. (d)(4)(C). Pub. L. 100-647, Sec. 1018(u)(21), made technical correction to directory language of Pub. L. 99-514, Sec. 231(d)(3)(I), see 1986 Amendment note below.
Subsec. (f). Pub. L. 100-647, Sec. 1018(u)(51), substituted ‘similar taxes’ for ‘certain chapter 43 taxes’ in heading, and ‘section 4912, chapter 42,’ for ‘chapter 42’ in text.
Subsec. (h). Pub. L. 100-418, Sec. 1941(b)(2)(I), redesignated subsec. (i) as (h) and struck out former subsec. (h) which related to special rules for windfall profit taxes.
Subsec. (i). Pub. L. 100-418, Sec. 1941(b)(2)(I), redesignated subsec. (i) as (h).
Subsec. (i)(6). Pub. L. 100-647, Sec. 1017(c)(11), substituted ‘section 6421(d)’ for ‘section 6421(c)’.
1986 - Subsec. (d)(2)(B). Pub. L. 99-514, Sec. 141(b)(3), amended subpar. (B) generally, restating cl. (i) as cls. (i), (ii), and (iii) and striking out former cl. (ii) which read as follows: ‘A claim for credit or refund for a computation year (as defined in section 1302(c)(1)) shall be determined to relate to an overpayment attributable to a net operating loss carryback or a capital loss carryback, as the case may be, when such carryback relates to any base period year (as defined in section 1302(c)(3)).’
Subsec. (d)(4)(C). Pub. L. 99-514, Sec. 231(d)(3)(I), as amended by Pub. L. 100-647, Sec. 1018(u)(21), struck out ‘and any research credit carryback under section 30(g)(2)’ after ‘under section 39’.
Subsec. (h)(1). Pub. L. 99-514, Sec. 1847(b)(15)(A), substituted ‘section 6501(m)(1)(B)’ for ‘section 6501(q)(1)(B)’.
Subsec. (h)(2). Pub. L. 99-514, Sec. 1847(b)(15)(B), substituted ‘section 6501(m)(2)(B)’ for ‘section 6501(q)(2)(B)’.
1984 - Subsec. (d)(4)(C). Pub. L. 98-369, Sec. 474(r)(40), substituted ‘business carryback under section 39 and any research credit carryback under section 30(g)(2)’ for ‘investment credit carryback, work incentive program credit carryback, new employee credit carryback, research credit carryback, and employee stock ownership credit carryback’.
Subsec. (d)(5). Pub. L. 98-369, Sec. 2663(j)(5)(F) , substituted ‘Secretary of Health and Human Services’ for ‘Secretary of Health, Education, and Welfare’.
Subsec. (d)(6), (7). Pub. L. 98-369, Sec. 211(b)(25), redesignated par. (7) as (6) and struck out former par. (6) relating to a special period of limitation with respect to reduction of policyholders surplus account of life insurance companies.
Subsec. (f). Pub. L. 98-369, Sec. 163(b)(2), substituted ‘section 6501(l)(1)’ for ‘section 6501(n)(1)’.
Subsec. (h)(3). Pub. L. 98-369, Sec. 714(p)(2)(G), amended par. (3) generally. Prior to amendment par. (3) related to partnership items of federally registered partnerships and provided that under regulations prescribed by the Secretary, rules similar to the rules of subsection (g) shall apply to the tax imposed by section 4986.
Subsecs. (i), (j). Pub. L. 98-369, Sec. 735(c)(14), redesignated subsec. (j) as (i) and struck out former subsec. (i) which related to a special rule for certain tread rubber tax credits or refunds.
1982 - Subsec. (g). Pub. L. 97-248 substituted ‘Special rule for claims with respect to partnership items’ for ‘Special rule for partnership items of federally registered partnerships’ in heading and, in text, substituted provisions that, in the case of any tax imposed by subtitle A with respect to any person which is attributable to any partnership item (as defined in section 6231(a)(3)), the provisions of section 6227 and subsecs. (c) and (d) of section 6230 shall apply in lieu of the provisions of this subchapter for provisions that (1) in the case of any tax imposed by subtitle A with respect to any person, the period for filing a claim for credit or refund of any overpayment attributable to any partnership item of a federally registered partnership would not expire before the later of (A) the date which was 4 years after the date prescribed by law (including extensions thereof) for filing the partnership return for the partnership taxable year in which the item arose, or (B) if an agreement under the provisions of section 6501(c)(4) extending the period for the assessment of any deficiency attributable to such partnership item was made before the date specified in subpar. (A), the date 6 months after the expiration of such extension, with the amount of the credit or refund allowed to exceed the portion of the tax paid within the period provided in subsec. (b)(2) or (c), whichever was applicable, and (2) for purposes of this subsec., the terms ‘partnership item’ and ‘federally registered partnership’ would have the same meanings as such terms had when used in section 6501(o).
1981 - Subsec. (d)(4)(C). Pub. L. 97-34, Sec. 331(d)(2)(A), inserted reference to employee stock ownership credit carryback.
Pub. L. 97-34, Sec. 221(b)(2)(A), inserted reference to research credit carryback.
1980 - Subsec. (f). Pub. L. 96-222, Sec. 108(b)(1)(B), inserted in heading ‘and certain chapter 43’ after ‘chapter 42’, and in text ‘or section 4975’ after ‘chapter 42’.
Subsec. (g)(2). Pub. L. 96-222, Sec. 102(a)(2)(B), substituted ‘section 6501(o)’ for ‘section 6501(q)’.
Subsec. (h). Pub. L. 96-223 added subsec. (h) and redesignated former subsec. (h) as (i).
Subsec. (i). Pub. L. 96-598 added subsec. (i) and redesignated former subsec. (i) as (j).
Pub. L. 96-223 redesignated former subsec. (h) as (i).
Subsec. (j). Pub. L. 96-598 redesignated former subsec. (i) as (j).
1978 - Subsec. (d)(2)(A). Pub. L. 95-628, Sec. 8(a), substituted ‘3 years after the time prescribed by law for filing the return (including extensions thereof) for’ for ‘with the expiration of the 15th day of the 40th month (or the 39th month, in the case of a corporation) following the end of’.
Pub. L. 95-600, Sec. 703(p)(3), struck out provisions relating to the period of limitations with respect to an overpayment attributable to a net operating loss carryback to any year on account of a certification issued to the taxpayer under section 317 of the Trade Expansion Act of 1962.
Subsec. (d)(4). Pub. L. 95-628, Sec. 8(b)(1), substituted in heading ‘certain credit carrybacks’ for ‘investment credit carrybacks’, in subpar. (A), substituted ‘a credit carryback’ for ‘an investment credit carryback’, ‘period shall be that period which ends 3 years after the time prescribed by law for filing the return (including extensions thereof) for the taxable year of the unused credit which results in such carryback’ for ‘period shall be that period which ends with the expiration of the 15th day of the 40th month (or 39th month, in the case of a corporation) following the end of the taxable year of the unused investment credit which results in such carryback’, and ‘(or, with respect to any portion of a credit carryback from a taxable year attributable to a net operating loss carryback, capital loss carryback, or other credit carryback from a subsequent taxable year, the period shall be that period which ends 3 years after the time prescribed by law for filing the return, including extensions thereof, for such subsequent taxable year)’ for ‘(or, with respect to any portion of an investment credit carryback from a taxable year attributable to a net operating loss carryback or a capital loss carryback from a subsequent taxable year, the period shall be that period which ends with the expiration of the 15th day of the 40th month, or 39th month, in the case of a corporation, following the end of such subsequent taxable year),’, in subpar. (B), substituted ‘a credit carryback’ for ‘an investment credit carryback’, ‘any credit’ for ‘the investment credit’, and ‘affected by a credit carryback’ for ‘affected by a carryback’; and added subpar. (C).
Subsec. (d)(7). Pub. L. 95-628, Sec. 8(b)(2), redesignated par. (8) as (7). Former par. (7), which provided for a special period of limitation with respect to work incentive program credit carrybacks, was struck out.
Subsec. (d)(8). Pub. L. 95-628, Sec. 8(b)(2)(B), redesignated par. (8) as (7).
Subsec. (d)(9). Pub. L. 95-628, Sec. 8(b)(2)(A), struck out par. (9) which provided for a special period of limitation with respect to new employee credit carrybacks.
Subsecs. (g), (h). Pub. L. 95-600, Sec. 212(b)(1), added subsec. (g) and redesignated former subsec. (g) as (h).
1977 - Subsec. (d)(9). Pub. L. 95-30 added par. (9).
1976 - Subsec. (d)(2)(A)(ii). Pub. L. 94-455, Sec. 1906 (a)(33)(A), struck out ‘September 1, 1959, or’ after ‘shall not expire before’ and ‘, whichever is the later’ after ‘profits becomes final’.
Subsec. (d)(5). Pub. L. 94-455, Sec. 1906(a)(33)(B), struck out ‘the later of the following dates: (A)’ after ‘filed on or before’ and ‘, or (B) December 31, 1965’ after ‘Health, Education, and Welfare’.
Subsec. (d)(7). Pub. L. 94-455, Sec. 2107(g)(2)(B), inserted ‘, an investment credit carryback,’ after ‘net operating loss carryback’.
Subsec. (g)(7). Pub. L. 94-455, Sec. 1203(h)(3), added par. (7).
1974 - Subsec. (d)(8). Pub. L. 93-406 added par. (8).
1971 - Subsec. (d)(7). Pub. L. 92-178 added par. (7).
1969 - Subsec. (d)(2). Pub. L. 91-172, Sec. 512(e)(2)(A), substituted ‘loss or capital loss carrybacks’ for ‘loss carrybacks’ in heading.
Subsec. (d)(2)(A). Pub. L. 91-172, Sec. 512(e)(2)(B), (C), substituted ‘loss carryback or a capital loss carryback’ for ‘loss carryback’ and ‘operating loss or net capital loss which’ for ‘operating loss which’.
Subsec. (d)(2)(B)(i). Pub. L. 91-172, Sec. 512(e)(2)(D), (E), substituted ‘loss carryback or a capital loss carryback’ for ‘loss carryback’ and inserted reference to short-term capital loss.
Subsec. (d)(2)(B)(ii). Pub. L. 91-172, Sec. 311(d)(3), 512(e)(2)(F), substituted references to section ‘1302(c)(1)’ and ‘1302(c)(3)’ for section ‘1302(e)(1)’ and ‘1302(e)(3)’, respectively, and substituted ‘loss carryback or a capital loss carryback, as the case may be,’ for ‘loss carryback’.
Subsec. (d)(4)(A). Pub. L. 91-172, Sec. 512(e)(2)(G), substituted ‘loss carryback or a capital loss carryback’ for ‘loss carryback’.
Subsecs. (f), (g). Pub. L. 91-172, Sec. 101(h), added subsec. (f) and redesignated former subsec. (f) as (g).
1967 - Subsec. (d)(4)(A). Pub. L. 90-225 inserted ‘(or, with respect to any portion of an investment credit carryback from a taxable year attributable to a net operating loss carryback from a subsequent taxable year, the period shall be that period which ends with the expiration of the 15th day of the 40th month, or 39th month, in the case of a corporation, following the end of such subsequent taxable year)’ after ‘the unused investment credit which results in such carryback’.
1965 - Subsec. (e)(1). Pub. L. 89-331 inserted ‘or production’ after ‘distillation’ in heading.
1964 - Subsec. (d)(6). Pub. L. 88-571 added par. (6).
Pub. L. 88-272 designated existing provisions as clause (i) and added clause (ii) in par. (2)(B), and added par. (5).
1962 - Subsec. (d)(2)(A). Pub. L. 87-794 inserted provisions stating that, with respect to an overpayment attributable to a net operating loss carryback to any year on account of a certification under section 317 of the Trade Expansion Act of 1962, the period of limitations shall not expire before the expiration of the sixth month following the month in which such certification is issued to the taxpayer.
Subsec. (d)(4). Pub. L. 87-834 added par. (4).
1959 - Subsec. (d)(2)(A). Pub. L. 86-280 inserted in first sentence exception with respect to overpayment as a result of elimination of excess profits by renegotiation.
1958 - Subsec. (a). Pub. L. 85-866, Sec. 82(a), struck out from first sentence ‘required to be’ after ‘3 years from the time the return was’, and ‘(determined without regard to any extension of time)’ before ‘or 2 years’.
Subsec. (b)(2)(A). Pub. L. 85-866, Sec. 82(b), substituted ‘Limit where claim not filed within 3-year period’ for ‘Limit to amount paid within years’ in heading, and in text substituted ‘within the period,’ for ‘within the 3 years’, inserted ‘equal to 3 years plus the period of any extension of time for filing the return’ and struck out provision that if the tax was required to be paid by means of a stamp, the amount of the credit or refund shall not exceed the portion of the tax paid within the 3 years immediately preceding the filing of the claim.
Subsec. (b)(2)(B). Pub. L. 85-866, Sec. 82(c), substituted ‘Limit where claim not filed within 3-year period’ for ‘Limit to amount paid within 2 years’ in heading.
Subsec. (d)(2)(A). Pub. L. 85-866, Sec. 82(d), substituted in first sentence ‘15th day of the 40th month (or 39th month, in the case of a corporation)’ for ‘15th day of the 39th month’.
1956 - Subsec. (f)(5). Act Apr. 2, 1956, added par. (5).
Subsec. (f)(6). Act June 29, 1956, added par. (6).
Amendment by Sec. 106(a) of Pub. L. 110-245 effective for claims for credit or refund filed after the date of the enactment of this Act [Enacted: June 17, 2008]. Sec. 106(c) of Pub. L. 110-245, as amended by Pub. L. 113-295, Div. A, Sec. 213(a), provided that:
“(c) Transition Rules- In the case of a determination described in paragraph (8) of section 6511(d) of the Internal Revenue Code of 1986 (as added by this section) which is made by the Secretary of Veterans Affairs after December 31, 2000, and before the date of the enactment of this Act, such paragraph—
“(1) shall not apply with respect to any taxable year which began before January 1, 2001, and
“(2) shall be applied by substituting ‘June 17, 2008' for ‘the date of such determination’ in subparagraph (A) thereof.”
Section 532(d) of Pub. L. 107-16 provided that: “The amendments made by this section shall apply to estates of decedents dying, and generation-skipping transfers, after December 31, 2004.
Section 3202 of Pub. L. 105-206 provided that:
“The amendment made by subsection (a) shall apply to periods of disability before, on, or after the date of the enactment of this Act but shall not apply to any claim for credit or refund which (without regard to such amendment) is barred by the operation of any law or rule of law (including res judicata) as of the date of the enactment of this Act [enacted: July 22, 1998].”
Amendment by Sec. 1454(b)(1) of Pub. L. 105-34 effective on the date of the enactment of this Act [enacted: Aug. 5, 1997].
Amendment by Sec. 1056(a) of Pub. L. 105-34 applicable to taxes paid or accrued in taxable years beginning after the date of the enactment of this Act.
Amendment by section 141(b)(3) of Pub. L. 99-514 applicable to taxable years beginning after Dec. 31, 1986, see section 151(a) of Pub. L. 99-514, set out as a note under section 1 of this title.
Amendment by section 231(d)(3)(I) of Pub. L. 99-514 applicable to taxable years beginning after Dec. 31, 1985, see section 231(g) of Pub. L. 99-514, set out as a note under section 41 of this title.
Amendment by section 1847(b)(15) of Pub. L. 99-514 effective, except as otherwise provided, as if included in the provisions of the Tax Reform Act of 1984, Pub. L. 98-369, div. A, to which such amendment relates, see section 1881 of Pub. L. 99-514, set out as a note under section 48 of this title.
Amendment by section 163(b)(2) of Pub. L. 98-369 applicable to expenditures with respect to which the second taxable year described in section 118(b)(2)(B) of this title ends after Dec. 31, 1984, see section 163(c) of Pub. L. 98-369, set out as a note under section 118 of this title.
Amendment by section 211(b)(25) of Pub. L. 98-369 applicable to taxable years beginning after Dec. 31, 1983, see section 215 of Pub. L. 98-369, set out as an Effective Date note under section 801 of this title.
Amendment by section 474(r)(40) of Pub. L. 98-369 applicable to taxable years beginning after Dec. 31, 1983, and to carrybacks from such years, see section 475(a) of Pub. L. 98-369, set out as a note under section 21 of this title.
Amendment by section 714(p)(2)(G) of Pub. L. 98-369 effective as if included in the provision of the Tax Equity and Fiscal Responsibility Act of 1982, Pub. L. 97-248, to which such amendment relates, see section 715 of Pub. L. 98-369, set out as a note under section 31 of this title.
Amendment by section 735(c)(14) of Pub. L. 98-369 effective, except as otherwise provided, as if included in the provisions of the Highway Revenue Act of 1982, title V of Pub. L. 97-424, to which such amendment relates, see section 736 of Pub. L. 98-369, set out as a note under section 4051 of this title.
Amendment by section 2663(j)(5)(F) of Pub. L. 98-369 effective July 18, 1984, but not to be construed as changing or affecting any right, liability, status or interpretation which existed (under the provisions of law involved) before that date, see section 2664(b) of Pub. L. 98-369, set out as a note under section 401 of Title 42, The Public Health and Welfare.
Amendment by Pub. L. 97-248 applicable to partnership taxable years beginning after Sept. 3, 1982, with provision for applicability of amendment to any partnership taxable year ending after Sept. 3, 1982, if partnership, each partner, and each indirect partner requests such application and Secretary of the Treasury or his delegate consents to such application, see section 407(a)(1), (3) of Pub. L. 97-248, set out as an Effective Date note under section 6221 of this title.
Amendment by section 221(b)(2)(A) of Pub. L. 97-34 applicable to amounts paid or incurred after June 30, 1981, see section 221(d) of Pub. L. 97-34, as amended, set out as an Effective Date note under section 41 of this title.
Amendment by section 331(d)(2)(A) of Pub. L. 97-34 applicable to taxable years beginning after Dec. 31, 1981, see section 339 of Pub. L. 97-34, set out as a note under section 401 of this title.
Amendment by Pub. L. 96-598 effective on first day of first calendar month which begins more than 10 days after Dec. 24, 1980, see section 1(e) of Pub. L. 96-598, set out as a note under section 4071 of this title.
Amendment by section 102(a)(2)(B) of Pub. L. 96-222 effective, except as otherwise provided, as if it had been included in the provisions of the Revenue Act of 1978, Pub. L. 95-600, to which such amendment relates, see section 201 of Pub. L. 96-222, set out as a note under section 32 of this title.
Amendment by section 108(b)(1)(B) of Pub. L. 96-222 effective as if included in the provisions of the Black Lung Benefits Revenue Act of 1977, Pub. L. 95-227, see section 108(b)(4) of Pub. L. 96-222, set out as a note under section 192 of this title.
Section 8(d) of Pub. L. 95-628 provided that: ‘The amendments made by this section (amending this section and sections 6501, 6601, and 6611 of this title) shall apply to carrybacks arising in taxable years beginning after the date of the enactment of this Act (Nov. 10, 1978).’
Amendment by section 212(b)(1) of Pub. L. 95-600 applicable to partnership items arising in partnership taxable years beginning after Dec. 31, 1978, see section 212(c) of Pub. L. 95-600, set out as a note under section 6501 of this title.
Amendment by section 703(p)(3) of Pub. L. 95-600 applicable with respect to losses sustained in taxable years ending Nov. 6, 1978, see section 703(p)(4) of Pub. L. 95-600, set out as a note under section 172 of this title.
Amendment by Pub. L. 95-30 applicable to taxable years beginning after Dec. 31, 1976, and to credit carrybacks from such years, see section 202(e) of Pub. L. 95-30, set out as an Effective Date note under section 44B of this title.
Amendment by section 1203(h)(3) of Pub. L. 94-455 applicable to documents prepared after Dec. 31, 1976, see section 1203(j) of Pub. L. 94-455, set out as a note under section 7701 of this title.
Amendment by section 1906(a)(33) of Pub. L. 94-455 effective on first day of first month which begins more than 90 days after Oct. 4, 1976, see section 1906(d)(1) of Pub. L. 94-455, set out as a note under section 6013 of this title.
Amendment by section 2107(g)(2)(B) of Pub. L. 94-455 applicable to parts and accessories sold after Oct. 4, 1976, see section 2108(b) of Pub. L. 94-455, set out as a note under section 6416 of this title.
Amendment by Pub. L. 93-406 effective Sept. 2, 1974, with exceptions specified in section 1461(b), (c) of Title 29, Labor, see section 1461(a) of Title 29.
Amendment by Pub. L. 92-178 applicable to taxable years beginning after Dec. 31, 1971, see section 601(f) of Pub. L. 92-178, set out as a note under section 381 of this title.
Amendment by section 101(h) of Pub. L. 91-172 effective Jan. 1, 1970, see section 101(k)(1) of Pub. L. 91-172, set out as an Effective Date note under section 4940 of this title.
Amendment by section 311(d)(3) of Pub. L. 91-172 applicable with respect to computation years (within the meaning of section 1302(c)(1) of this title) beginning after Dec. 31, 1969, and to base period years (within the meaning of section 1302(c)(3) of this title) applicable to such computation years, see section 311(e) of Pub. L. 91-172, set out as a note under section 1301 of this title.
Amendment by section 512(e)(2) of Pub. L. 91-172 applicable with respect to net capital losses sustained in taxable years beginning after Dec. 31, 1969, see section 512(g) of Pub. L. 91-172, set out as a note under section 1212 of this title.
Amendment by Pub. L. 90-225 applicable with respect to investment credit carrybacks attributable to net operating loss carrybacks from taxable years ending after July 31, 1967, see section 2(g) of Pub. L. 90-225, set out as a note under section 46 of this title.
Amendment by Pub. L. 89-331 effective Nov. 8, 1965, see section 14 of Pub. L. 89-331.
Amendment by Pub. L. 88-571 effective, with respect to amounts added to policyholders surplus accounts, for taxable years beginning after Dec. 31, 1958, see section 3(f) of Pub. L. 88-571, set out as a note under section 815 of this title.
Amendment by Pub. L. 88-272, applicable to taxable years beginning after Dec. 31, 1964, see section 232(g) of Pub. L. 88-272, set out as an Effective Date note under section 1301 of this title.
Amendment by Pub. L. 87-834 applicable with respect to taxable years ending after Dec. 31, 1961, see section 2(h) of Pub. L. 87-834, set out as an Effective Date note under section 46 of this title.
Section 1(c) of Pub. L. 86-280, as amended by Pub. L. 99-514, Sec. 2, Oct. 22, 1986, 100 Stat. 2095, provided in part that: ‘The amendment made by subsection (a) (amending this section) shall apply with respect to claims for credit or refund resulting from the elimination of excessive profits by renegotiation to which section 6511(d)(2) of the Internal Revenue Code of 1986 (formerly I.R.C. 1954 ) applies.'
Amendment by Pub. L. 85-866 effective Aug. 17, 1954, see section 1(c)(2) of Pub. L. 85-866, set out as a note under section 165 of this title.
EXTENSION OF LIMITATION ON TIME FOR CREDIT OR REFUND
Pub. L. 114-292, Sec. 3(b) provided that:
“(b) Extension of limitation on time for credit or refund.—
“(1) PERIOD FOR FILING CLAIM.—If a claim for credit or refund under section 6511(a) of the Internal Revenue Code of 1986 relates to a specified overpayment, the 3-year period of limitation prescribed by such subsection shall not expire before the date which is 1 year after the date the information return described in subsection (a)(2) is provided. The allowable amount of credit or refund of a specified overpayment shall be determined without regard to the amount of tax paid within the period provided in section 6511(b)(2).
“(2) SPECIFIED OVERPAYMENT.—For purposes of paragraph (1), the term “specified overpayment” means an overpayment attributable to a severance payment described in subsection (a)(1).”
Pub. L. 110-343, Div. B, Sec. 114 provided that:
“(A) IN GENERAL.—Notwithstanding subsections (a)(1) and (c) of section 6416 and section 6511 of the Internal Revenue Code of 1986, if—
“(ii) such coal producer filed an excise tax return on or after October 1, 1990, and on or before the date of the enactment of this Act, and
“(iii) such coal producer files a claim for refund with the Secretary not later than the close of the 30-day period beginning on the date of the enactment of this Act, then the Secretary shall pay to such coal producer an amount equal to the tax paid under section 4121 of such Code on such coal exported or shipped by the coal producer or a party related to such coal producer, or caused by the coal producer or a party related to such coal producer to be exported or shipped.
“(2) EXPORTERS.—Notwithstanding subsections (a)(1) and (c) of section 6416 and section 6511 of the Internal Revenue Code of 1986, and a judgment described in paragraph (1)(B)(iii) of this subsection, if—
“(B) such exporter filed a tax return on or after October 1, 1990, and on or before the date of the enactment of this Act, and
“(C) such exporter files a claim for refund with the Secretary not later than the close of the 30-day period beginning on the date of the enactment of this Act, then the Secretary shall pay to such exporter an amount equal to $0.825 per ton of such coal exported by the exporter or caused to be exported or shipped, or caused to be exported or shipped, by the exporter.
“(b) Limitations.—Subsection (a) shall not apply with respect to exported coal if a settlement with the Federal Government has been made with and accepted by, the coal producer, a party related to such coal producer, or the exporter, of such coal, as of the date that the claim is filed under this section with respect to such exported coal. For purposes of this subsection, the term “settlement with the Federal Government” shall not include any settlement or stipulation entered into as of the date of the enactment of this Act, the terms of which contemplate a judgment concerning which any party has reserved the right to file an appeal, or has filed an appeal.
“(1) COAL PRODUCER.—The term “coal producer” means the person in whom is vested ownership of the coal immediately after the coal is severed from the ground, without regard to the existence of any contractual arrangement for the sale or other disposition of the coal or the payment of any royalties between the producer and third parties. The term includes any person who extracts coal from coal waste refuse piles or from the silt waste product which results from the wet washing (or similar processing) of coal.
“(2) EXPORTER.—The term “exporter" means a person, other than a coal producer, who does not have a contract, fee arrangement, or any other agreement with a producer or seller of such coal to export or ship such coal to a third party on behalf of the producer or seller of such coal and—
“(A) is indicated in the shipper's export declaration or other documentation as the exporter of record, or
“(3) RELATED PARTY.—The term “a party related to such coal producer” means a person who—
“(4) SECRETARY.—The term “Secretary" means the Secretary of Treasury or the Secretary's designee.
“(h) Application of Section.—This section applies only to claims on coal exported or shipped on or after October 1, 1990, through the date of the enactment of this Act.
EXTENSION OF TIME FOR FILING CLAIMS FOR TAX REFUNDS
Section 96 of Pub. L. 85-866 authorized refunds and credits for tax overpayments for any taxable year beginning after Dec. 31, 1953, and ending after Aug. 16, 1954, based upon business, trade, or education expenses, if the proper claim were filed on or before Sept. 2, 1958, or within 60 days thereafter.