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26 U.S.C. § 4962

Abatement of first tier taxes in certain cases

United States · Title 26 — INTERNAL REVENUE CODE · Status: effective

Taxation
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26 U.S.C. § 4962, Abatement of first tier taxes in certain cases, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/463545
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Full text

If it is established to the satisfaction of the Secretary that— For purposes of this section, the term “qualified first tier tax” means any first tier tax imposed by subchapter A, C, D, or G of this chapter, except that such term shall not include the tax imposed by section 4941(a) (relating to initial tax on self-dealing). In the case of the tax imposed by section 4955(a), subsection (a)(1) shall be applied by substituting “not willful and flagrant” for “due to reasonable cause and not to willful neglect”.

Legislative history

The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.

  • Enacted byPub. L. 98-369(H.R. 4170)1984-07-18
    Deficit Reduction Act of 1984
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 100-203(H.R. 3545)1987-12-22
    Omnibus Budget Reconciliation Act of 1987
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 105-34(H.R. 2014)1997-08-05
    Taxpayer Relief Act of 1997
    House: 389–43Senate: 92–8
  • Amended byPub. L. 110-172(H.R. 4839)2007-12-29
    Tax Technical Corrections Act of 2007
    House: no recorded tallySenate: no recorded tally