# 26 U.S.C. § 6163: Extension of time for payment of estate tax on value of reversionary or remainder interest in property

Source: OLRC release point 119-134 <https://uscode.house.gov/us/usc/119-134/t26/s6163>. Cite pinpoints as 26 U.S.C. § 6163(a)(1).

## § 6163(a) Extension permitted

If the value of a reversionary or remainder interest in property is included under chapter 11 in the value of the gross estate, the payment of the part of the tax under chapter 11 attributable to such interest may, at the election of the executor, be postponed until 6 months after the termination of the precedent interest or interests in the property, under such regulations as the Secretary may prescribe.

## § 6163(b) Extension for reasonable cause

At the expiration of the period of postponement provided for in subsection (a), the Secretary may, for reasonable cause, extend the time for payment for a reasonable period or periods not in excess of 3 years from the expiration of the period of postponement provided in subsection (a).

## § 6163(c) Cross reference

For authority of the Secretary to require security in the case of an extension under this section, see section 6165.

## Regulations

- [Treas. Reg. § 20.6163-1](/26/reg/20.6163-1.md): Extension of time for payment of estate tax on value of reversionary or remainder interest in property. (interprets § 6163)
- [Treas. Reg. § 301.6163-1](/26/reg/301.6163-1.md): Extension of time for payment of estate tax on value of reversionary or remainder interest in property. (interprets § 6163)

## Connections

Cites: § 6165 Bonds where time to pay tax or deficiency has been extended

Cited by: § 163 Interest; § 2015 Credit for death taxes on remainders; § 6503 Suspension of running of period of limitation

Derived from: 1939 § 925; 1939 § 926

## Amendments

- 1954-08-16: [Act Aug. 16, 1954, ch. 736](/26/act/1954-ch736.md), 68A Stat. 763
- 1958-09-02: [Pub. L. 85-866](/26/act/85-866.md), 72 Stat. 1658
- 1964-02-26: [Pub. L. 88-272](/26/act/88-272.md), 78 Stat. 129
- 1975-01-03: [Pub. L. 93-625](/26/act/93-625.md), 88 Stat. 2115
- 1976-10-04: [Pub. L. 94-455](/26/act/94-455.md), 90 Stat. 1834