26 U.S.C. § 6315

Current through P.L. 118-47 (published on www.congress.gov on 03/23/2024)

Section 6315 - Payments of estimated income tax

Payment of the estimated income tax, or any installment thereof, shall be considered payment on account of the income taxes imposed by subtitle A for the taxable year.

26 U.S.C. § 6315

Aug. 16, 1954, ch. 736, 68A Stat. 778.

taxable year

The term "taxable year" means the calendar year, or the fiscal year ending during such calendar year, upon the basis of which the taxable income is computed under subtitle A. "Taxable year" means, in the case of a return made for a fractional part of a year under the provisions of subtitle A or under regulations prescribed by the Secretary, the period for which such return is made.