# 26 U.S.C. § 6659: Improper claim for Trump account contribution pilot program credit

Source: OLRC release point 119-134 <https://uscode.house.gov/us/usc/119-134/t26/s6659>. Cite pinpoints as 26 U.S.C. § 6659(a)(1).

## § 6659(a) In general

In the case of any individual who makes an election under section 6434 with respect to an individual who is not an eligible child of the taxpayer—

**§ 6659(a)(1)** if such election was made due to negligence or disregard of the rules or regulations, there shall be imposed a penalty of $500, or

**§ 6659(a)(2)** if such election was made due to fraud, there shall be imposed a penalty of $1,000.

## § 6659(b) Definitions

**§ 6659(b)(1) Eligible child.** The term “eligible child” has the meaning given such term under section 6434.

**§ 6659(b)(2) Negligence; disregard.** The terms “negligence” and “disregard” have the same meaning as when such terms are used in section 6662.

## Regulations

- [Treas. Reg. § 301.6659-1](/26/reg/301.6659-1.md): Applicable rules. (interprets § 6659)

## Connections

Cites: § 6434 Trump accounts contribution pilot program; § 6662 Imposition of accuracy-related penalty on underpayments

Cited by: none

## Prior provisions

- A prior section 6659, added Pub. L. 97–34, title VII, § 722(a)(1), Aug. 13, 1981, 95 Stat. 341; amended Pub. L. 97–448, title I, § 107(a)(1), (2), Jan. 12, 1983, 96 Stat. 2391; Pub. L. 98–369, div. A, title I, § 155(c)(1), title VII, § 721(x)(4), July 18, 1984, 98 Stat. 693, 971, related to additions to tax in case of valuation overstatements for purposes of the income tax, prior to repeal by Pub. L. 101–239, title VII, § 7721(c)(2), Dec. 19, 1989, 103 Stat. 2399.
- Another prior section 6659 was renumbered section 6662 of this title.

## Amendments

- 2025-07-04: [Pub. L. 119-21](/26/act/119-21.md), 139 Stat. 188