Pub. L. 107-16: Jun. 7, 2001

Bill H.R. 1836 · Conference report H. Rept. 107-84 · Bluebook JCT general explanation (2003)

§ 1 Tax imposed

(f) Pub. L. 107–16, § 302(b)(2), substituted “Phaseout of marriage penalty in 15-percent bracket; adjustments” for…
(f)(2)(A) Pub. L. 107–16, § 302(b)(1), inserted “except as provided in paragraph (8),” before “by increasing”.
(f)(6)(B) Pub. L. 107–16, § 301(c)(1), substituted “(other than with respect to sections 63(c)(4) and 151(d)(4)(A)) shall be…
(f)(8) Pub. L. 107–16, § 302(a), added par. (8).
(g)(7)(B)(ii)(II) Pub. L. 107–16, § 101(c)(1), substituted “10 percent.” for “15 percent”.
(h)(1)(A)(ii)(I) (h)(1)(A)(ii) Pub. L. 107–16, § 101(c)(2)(A), substituted “25 percent” for “28 percent”.
(h) Pub. L. 107–16, § 101(c)(2)(B), struck out par. (13), which set out special rules for determination of 28-percent rate…
(i) Pub. L. 107–16, § 101(a), added subsec. (i).

§ 15 Effect of changes

(f) Pub. L. 107–16, § 101(c)(3), added subsec. (f).

§ 21 Expenses for household and dependent care services necessary for gainful employment

(a)(2) Pub. L. 107–16, § 204(b), substituted “35 percent” for “30 percent” and “$15,000” for “$10,000”.
(c)(1) Pub. L. 107–16, § 204(a)(1), substituted “$3,000” for “$2,400”.
(c)(2) Pub. L. 107–16, § 204(a)(2), substituted “$6,000” for “$4,800”.

§ 23 Adoption expenses

(a)(1) Pub. L. 107–16, § 202(a)(1), amended heading and text of par. (1) generally. Prior to amendment, text read as follows…
(a)(2) Pub. L. 107–16, § 202(c), inserted concluding provisions.
(b)(1) Pub. L. 107–16, § 202(b)(1)(A), substituted “subsection (a)(1)(A)” for “subsection (a)” and “$10,000” for “$5,000” and…
(b)(2)(A)(i) Pub. L. 107–16, § 202(b)(2)(A), substituted “$150,000” for “$75,000”.
(b) Pub. L. 107–16, § 202(f)(1), added par. (4).
(c) Pub. L. 107–16, § 202(f)(2)(A), substituted “subsection (b)(4)” for “section 26(a)” and struck out “reduced by the sum…
(c) Pub. L. 107–16, § 201(b)(2)(E), substituted “and sections 24 and 1400C” for “and section 1400C”.
(d)(2) Pub. L. 107–16, § 202(d)(1), amended heading and text of par. (2) generally. Prior to amendment, text read as follows…
(h) (i) Pub. L. 107–16, § 202(e)(1), added subsec. (h) and redesignated former subsec. (h) as (i).

§ 24 Child tax credit

(a) Pub. L. 107–16, § 201(a), amended heading and text of subsec. (a) generally. Prior to amendment, text read as follows…
(b) Pub. L. 107–16, § 201(b)(2)(A), amended heading generally, substituting “Limitations” for “Limitation based on adjusted…
(b)(1) Pub. L. 107–16, § 201(b)(2)(B), amended heading generally, substituting “Limitation based on adjusted gross income” for…
(b) Pub. L. 107–16, § 201(b)(1), added par. (3).
(b) Pub. L. 107–16, § 618(b)(2)(A), as amended by Pub. L. 107–147, § 417(23)(A), substituted “sections 23 and 25B” for…
(b) Pub. L. 107–16, § 202(f)(2)(B), substituted “this section and section 23” for “this section”.
(d) Pub. L. 107–16, § 201(c)(1), amended subsec. heading and heading and text of par. (1) generally. Prior to amendment…
(d)(1) Pub. L. 107–16, § 201(b)(2)(C)(i), substituted “subsection (b)(3)” for “section 26(a)” wherever appearing in subsec.…
(d)(1)(B) Pub. L. 107–16, § 201(b)(2)(C)(ii), substituted “amount of credit allowed by this section” for “aggregate amount of…
(d)(2) Pub. L. 107–16, § 201(d), redesignated par. (3) as (2) and struck out heading and text of former par. (2). Text read as…
(d)(3) Pub. L. 107–16, § 201(d)(2), redesignated par. (4) as (3). Former par. (3) redesignated (2).
(d) Pub. L. 107–16, § 201(c)(2), added par. (4). Former par. (4) redesignated (3).

§ 25 Interest on certain home mortgages

(e)(1)(C) Pub. L. 107–16, § 618(b)(2)(B), inserted “25B,” after “24,”.
(e)(1)(C) Pub. L. 107–16, § 201(b)(2)(F), inserted “, 24,” after “sections 23”.

§ 25A American Opportunity and Lifetime Learning credits

(e) Pub. L. 107–16, § 401(g)(2)(A), amended heading and text of subsec. (e) generally. Prior to amendment, text read as…

§ 25B Elective deferrals and IRA contributions by certain individuals

Enacted § 25B
§ 25B Pub. L. 107–16, § 618(b)(1), added subsec. (g) relating to limitation based on amount of tax.

§ 26 Limitation based on tax liability; definition of tax liability

(a)(1) Pub. L. 107–16, § 618(b)(2)(C), as amended by Pub. L. 107–147, § 417(23)(B), substituted “, 24, and 25B” for “and 24”…
(a)(1) Pub. L. 107–16, § 202(f)(2)(C), substituted “sections 23 and 24” for “section 24” in introductory provisions.
(a)(1) Pub. L. 107–16, § 201(b)(2)(D), inserted “(other than section 24)” after “this subpart” in introductory provisions.

§ 32 Earned income

(a)(2)(B) Pub. L. 107–16, § 303(d)(1), struck out “modified” before “adjusted gross income”.
(b)(2) Pub. L. 107–16, § 303(a)(1), reenacted par. heading without change, designated existing provisions as subpar. (A)…
(c)(1)(C) Pub. L. 107–16, § 303(f), amended heading and text of subpar. (C) generally. Prior to amendment, text read as follows…
(c)(2)(A)(i) Pub. L. 107–16, § 303(b), inserted “, but only if such amounts are includible in gross income for the taxable year”…
(c)(3)(A) Pub. L. 107–16, § 303(e)(2)(B), struck out “except as provided in subparagraph (B)(iii),” before “who has”.
(c)(3)(B) Pub. L. 107–16, § 303(e)(1), reenacted heading, introductory provisions, and subcl. (III) of cl. (i) without change and…
(c)(3)(B) Pub. L. 107–16, § 303(e)(2)(A), reenacted heading without change and amended text generally. Prior to amendment, text…
(c)(3) Pub. L. 107–16, § 303(h), substituted “subparagraph (A)(ii)” for “subparagraphs (A)(ii) and (B)(iii)(II)”.
(c) Pub. L. 107–16, § 303(d)(2)(A), struck out heading and text of par. (5), which defined “modified adjusted gross income”…
(f)(2)(B) Pub. L. 107–16, § 303(d)(2)(B), struck out “modified” before “adjusted gross income” in two places.
(h) Pub. L. 107–16, § 303(c), struck out heading and text of subsec. (h). Text read as follows: “The credit allowed under…
(j)(1)(B) Pub. L. 107–16, § 303(a)(2), amended subpar. (B) generally. Prior to amendment, subpar. (B) read as follows: “the…
(j)(2)(A) Pub. L. 107–16, § 303(a)(3), substituted “subsection (b)(2)(A) (after being increased under subparagraph (B) thereof)”…
(n) Pub. L. 107–16, § 201(c)(3), struck out heading and text of subsec. (n), which had increased credit allowable under…

§ 38 General business credit

(b)(12) Pub. L. 107–16, § 619(b), struck out “plus” at end.
(b)(13) Pub. L. 107–16, § 619(b), substituted “, plus” for period at end.
(b)(13) Pub. L. 107–16, § 205(b)(1), struck out “plus” at end.
(b)(14) Pub. L. 107–16, § 619(b), added par. (14).
(b)(14) Pub. L. 107–16, § 205(b)(1), substituted “, plus” for period at end.
(b)(15) Pub. L. 107–16, § 205(b)(1), added par. (15).

§ 39 Carryback and carryforward of unused credits

(d) Pub. L. 107–16, § 619(c)(1), added par. (10).

§ 45E Small employer pension plan startup costs

Enacted § 45E

§ 45F Employer-provided child care credit

Enacted § 45F

§ 55 Alternative minimum tax imposed

(d)(1)(A) Pub. L. 107–16, § 701(a)(1), substituted “$45,000 ($49,000 in the case of taxable years beginning in 2001, 2002, 2003…
(d)(1)(B) Pub. L. 107–16, § 701(b)(1), struck out “and” at end.
(d)(1)(B) Pub. L. 107–16, § 701(a)(2), substituted “$33,750 ($35,750 in the case of taxable years beginning in 2001, 2002, 2003…
(d)(1)(C) (d)(1)(D) Pub. L. 107–16, § 701(b)(1), added subpars. (C) and (D) and struck out former subpar. (C) which read as follows…
(d)(3) Pub. L. 107–16, § 701(b)(3), in concluding provisions, substituted “paragraph (1)(C)” for “paragraph (1)(C)(i)” and…
(d)(3)(C) Pub. L. 107–16, § 701(b)(2), substituted “subparagraph (C) or (D) of paragraph (1)” for “paragraph (1)(C)”.

§ 62 Adjusted gross income defined

(a)(18) Pub. L. 107–16 added par. (18).

§ 63 Taxable income defined

(c)(2)(A) Pub. L. 107–16, § 301(a)(1), substituted “the applicable percentage of the dollar amount in effect under subparagraph…
(c)(2)(B) Pub. L. 107–16, § 301(a)(2), inserted “or” at end.
(c)(2)(C) Pub. L. 107–16, § 301(a)(3), substituted “in any other case.” for “in the case of an individual who is not married and…
(c)(2) Pub. L. 107–16, § 301(a)(4), struck out subpar. (D) which read as follows: “$2,500 in the case of a married individual…
(c)(4) Pub. L. 107–16, § 301(c)(2), inserted at end “The preceding sentence shall not apply to the amount referred to in…
(c)(7) Pub. L. 107–16, § 301(b), added par. (7).

§ 68 Overall limitation on itemized deductions

§ 68 Pub. L. 107–16 added subsecs. (f) and (g).

§ 72 Annuities; certain proceeds of endowment and life insurance contracts

(e)(9) Pub. L. 107–16, § 402(a)(4)(A), (B), substituted “qualified tuition” for “qualified State tuition” in heading and text.
(f) Pub. L. 107–16, § 632(a)(3)(A), substituted “section 403(b)(2)(D)(iii), as in effect before the enactment of the…
(o)(4) Pub. L. 107–16, § 641(e)(1), substituted “403(b)(8), 408(d)(3), and 457(e)(16)” for “and 408(d)(3)”.
(t)(9) Pub. L. 107–16, § 641(a)(2)(C), added par. (9).

§ 86 Social security and tier 1 railroad retirement benefits

(b)(2)(A) Pub. L. 107–16 inserted “222,” after “221,”.

§ 117 Qualified scholarships

(c) Pub. L. 107–16 designated existing provisions as par. (1), inserted par. heading, substituted “Except as provided in…

§ 121 Exclusion of gain from sale of principal residence

(d)(9) Pub. L. 107–16, § 542(c), added par. (9). See Codification notes above and Effective Date of 2001 Amendment note below.

§ 127 Educational assistance programs

(c)(1) Pub. L. 107–16, § 411(b), struck out before period at end “, and such term also does not include any payment for, or…
(d) (e) Pub. L. 107–16, § 411(a), redesignated subsec. (e) as (d) and struck out heading and text of former subsec. (d). Text…

§ 132 Certain fringe benefits

(a)(7) Pub. L. 107–16, § 665(a), added par. (7).
(m) (n) Pub. L. 107–16, § 665(b), added subsec. (m) and redesignated former subsec. (m) as (n).

§ 135 Income from United States savings bonds used to pay higher education tuition and fees

(c)(2)(C) Pub. L. 107–16, § 402(a)(4)(A), (B), substituted “qualified tuition” for “qualified State tuition” in heading and text.
(c)(4)(A) Pub. L. 107–16, § 431(c)(1), inserted “222,” after “221,”.
(d)(1)(D) Pub. L. 107–16, § 402(a)(4)(A), substituted “qualified tuition” for “qualified State tuition”.
(d)(2)(A) Pub. L. 107–16, § 401(g)(2)(B), substituted “allowed” for “allowable”.
(d)(2)(B) Pub. L. 107–16, § 402(b)(2)(A), substituted “the exclusions under sections 529(c)(3)(B) and 530(d)(2)” for “the…

§ 137 Adoption assistance programs

(a) Pub. L. 107–16, § 202(a)(2), reenacted heading without change and amended text generally. Prior to amendment, text read…
(b)(1) Pub. L. 107–16, § 202(b)(1)(B), substituted “subsection (a)(1)” for “subsection (a)” and “$10,000” for “$5,000 ($6,000…
(b)(2)(A) Pub. L. 107–16, § 202(b)(2)(B), substituted “$150,000” for “$75,000”.
(b)(3)(A) Pub. L. 107–16, § 431(c)(1), inserted “222,” after “221,”.
(f) Pub. L. 107–16, § 202(d)(2), (e)(2), added subsec. (f) and struck out heading and text of former subsec. (f). Text read…

§ 142 Exempt facility bond

(a)(13) Pub. L. 107–16, § 422(a), added par. (13).
(k) Pub. L. 107–16, § 422(b), added subsec. (k).

§ 146 Volume cap

(g)(3) Pub. L. 107–16 substituted “(12), or (13)” for “or (12)” and “environmental enhancements of hydroelectric generating…

§ 147 Other requirements applicable to certain private activity bonds

(h) Pub. L. 107–16, § 422(e), substituted “certain bonds” for “mortgage revenue bonds, qualified student loan bonds, and…
(h)(3) Pub. L. 107–16, § 422(d), added par. (3).

§ 148 Arbitrage

(f)(4)(D)(vii) Pub. L. 107–16 substituted “the lesser of $10,000,000” for “the lesser of $5,000,000”.

§ 151 Allowance of deductions for personal exemptions

§ 170 Charitable, etc., contributions and gifts

(e)(1) Pub. L. 107–16, § 542(e)(2)(B), inserted at end “For purposes of this paragraph, the determination of whether property…

§ 196 Deduction for certain unused business credits

(c)(10) Pub. L. 107–16 added par. (10).

§ 219 Retirement savings

(b)(1)(A) Pub. L. 107–16, § 601(a)(1), substituted “the deductible amount” for “$2,000”.
(b)(5) Pub. L. 107–16, § 601(a)(2), added par. (5).
(d)(2) Pub. L. 107–16, § 641(e)(2), substituted “408(d)(3), or 457(e)(16)” for “or 408(d)(3)”.
(g)(3)(A)(ii) Pub. L. 107–16, § 431(c)(1), inserted “222,” after “221,”.

§ 221 Interest on education loans

(b)(2)(B)(i) (b)(2)(B)(ii) Pub. L. 107–16, § 412(b)(1), amended cls. (i) and (ii) generally. Prior to amendment, cls. (i) and (ii) read as follows:
(b)(2)(C)(i) Pub. L. 107–16, § 431(c)(2), inserted “222,” before “911”.
(d) Pub. L. 107–16, § 412(a)(1), redesignated subsec. (e) as (d), and struck out heading and text of former subsec. (d).…
(e) Pub. L. 107–16, § 412(a)(1), redesignated subsec. (f) as (e). Former subsec. (e) redesignated (d).
(e)(2) Pub. L. 107–16, § 402(b)(2)(B), inserted “529,” after “135,”.
(f) Pub. L. 107–16, § 412(a)(1), redesignated subsec. (g) as (f). Former subsec. (f) redesignated (e).
(f)(1) Pub. L. 107–16, § 412(b)(2), as amended by Pub. L. 108–311, § 408(b)(5), substituted “$50,000 and $100,000 amounts” for…
§ 221 Pub. L. 107–16, § 412(a)(1), redesignated subsec. (g) as (f).

§ 226 Cross reference

§ 226 Pub. L. 107–16 renumbered section 222 of this title as this section.

§ 401 Qualified pension, profit-sharing, and stock bonus plans

(a)(17) Pub. L. 107–16, § 611(c)(1), substituted “$200,000” for “$150,000” in two places.
(a)(17)(B) Pub. L. 107–16, § 611(c)(2), substituted “July 1, 2001” for “October 1, 1993” and substituted “$5,000” for “$10,000” in…
(a)(31) Pub. L. 107–16, § 657(a)(2)(A), substituted “Direct” for “Optional direct” in heading.
(a)(31)(B) Pub. L. 107–16, § 657(a)(1), added subpar. (B). Former subpar. (B) redesignated (C).
(a)(31)(B) Pub. L. 107–16, § 643(b), inserted at end “The preceding sentence shall not apply to such distribution if the plan to…
(a)(31)(B) Pub. L. 107–16, § 641(e)(3), substituted “, 403(a)(4), 403(b)(8), and 457(e)(16)” for “and 403(a)(4)”.
(a)(31)(C) Pub. L. 107–16, § 657(a)(2)(B), substituted “Subparagraphs (A) and (B)” for “Subparagraph (A)”.
(a)(31)(C) Pub. L. 107–16, § 657(a)(1), redesignated subpar. (B) as (C). Former subpar. (C) redesignated (D).
(a)(31)(D) (a)(31)(E) Pub. L. 107–16, § 657(a)(1), redesignated subpars. (C) and (D) as (D) and (E), respectively.
(c)(2)(A) Pub. L. 107–16, § 611(g)(1), inserted at end “For purposes of this part only (other than sections 419 and 419A), this…
(k)(2)(B)(i)(I) Pub. L. 107–16, § 646(a)(1)(A), substituted “severance from employment” for “separation from service”.
(k)(10) Pub. L. 107–16, § 646(a)(1)(C)(iii), struck out “or disposition of assets or subsidiary” after “plan” in heading.
(k)(10)(A) Pub. L. 107–16, § 646(a)(1)(B), reenacted heading without change and amended text generally, substituting present…
(k)(10)(B)(i) Pub. L. 107–16, § 646(a)(1)(C)(i), substituted “A termination” for “An event” and “the termination” for “the event”.
(k)(10) Pub. L. 107–16, § 646(a)(1)(C)(ii), struck out heading and text of subpar. (C). Text read as follows: “An event shall…
(k)(11)(B)(i)(I) Pub. L. 107–16, § 611(f)(3)(A), substituted “the amount in effect under section 408(p)(2)(A)(ii)” for “$6,000”.
(k)(11)(E) Pub. L. 107–16, § 611(f)(3)(B), struck out heading and text of subpar. (E). Text read as follows: “The Secretary shall…
(m)(9) Pub. L. 107–16, § 666(a), reenacted heading without change and amended text generally. Prior to amendment, text read as…

§ 402 Taxability of beneficiary of employees’ trust

(c)(2) Pub. L. 107–16, § 643(a), inserted at end “The preceding sentence shall not apply to such distribution to the extent—
(c)(3) Pub. L. 107–16, § 644(a), reenacted heading without change and amended text generally. Prior to amendment, text read as…
(c)(4)(C) Pub. L. 107–16, § 636(b)(1), amended subpar. (C) generally. Prior to amendment, subpar. (C) read as follows: “any…
(c)(8)(B) Pub. L. 107–16, § 617(c), inserted concluding provisions.
(c)(8)(B)(v) Pub. L. 107–16, § 641(a)(2)(A), added cl. (v).
(c)(8)(B)(vi) Pub. L. 107–16, § 641(b)(2), added cl. (vi).
(c)(9) Pub. L. 107–16, § 641(d), struck out before period at end “; except that a trust or plan described in clause (iii) or…
(c)(10) Pub. L. 107–16, § 641(a)(2)(B), added par. (10).
(f)(1) Pub. L. 107–16, § 641(e)(5), struck out “from an eligible retirement plan” after “rollover distribution” in…
(f)(1)(A) Pub. L. 107–16, § 657(b), inserted before comma at end “and that the automatic distribution by direct transfer applies…
(f)(1)(A) Pub. L. 107–16, § 641(e)(6), substituted “an eligible retirement plan” for “another eligible retirement plan”.
(f)(1)(B) Pub. L. 107–16, § 641(e)(6), substituted “an eligible retirement plan” for “another eligible retirement plan”.
(f)(1)(E) Pub. L. 107–16, § 641(c), added subpar. (E).
(f)(2)(A) Pub. L. 107–16, § 641(e)(4), substituted “, paragraph (4) of section 403(a), subparagraph (A) of section 403(b)(8), or…
(g)(1) Pub. L. 107–16, § 611(d)(1), reenacted heading without change and amended text generally. Prior to amendment, text read…
(g)(1)(A) Pub. L. 107–16, title VI, § 617(b)(1), inserted at end “The preceding sentence shall not apply the portion of such…
(g)(2)(A) Pub. L. 107–16, title VI, § 617(b)(2), inserted “(or would be included but for the last sentence thereof)” after…
(g)(4) Pub. L. 107–16, § 611(d)(3)(A), redesignated par. (5) as (4) and struck out heading and text of former par. (4). Text…
(g)(5) Pub. L. 107–16, § 611(d)(3)(A), redesignated par. (6) as (5). Former par. (5) redesignated (4).
(g)(5) Pub. L. 107–16, § 611(d)(2), reenacted heading without change and amended text generally. Prior to amendment, text read…
(g)(6) Pub. L. 107–16, § 611(d)(3)(A), redesignated par. (7) as (6). Former par. (6) redesignated (5).
(g)(7) Pub. L. 107–16, § 611(d)(3)(A), redesignated par. (8) as (7).
(g)(7)(B) Pub. L. 107–16, § 632(a)(3)(G), inserted “(as in effect before the enactment of the Economic Growth and Tax Relief…
(g)(8) (g) Pub. L. 107–16, § 611(d)(3)(A), redesignated par. (9) as (8). Former par. (8) redesignated (7).

§ 402A Optional treatment of elective deferrals as Roth contributions

Enacted § 402A

§ 403 Taxation of employee annuities

(b)(1) Pub. L. 107–16, § 642(b)(1), substituted “section 408(d)(3)(A)(ii)” for “section 408(d)(3)(A)(iii)” in concluding…
(b)(1) Pub. L. 107–16, § 632(a)(2)(A), substituted “the applicable limit under section 415” for “the exclusion allowance for…
(b)(2) Pub. L. 107–16, § 632(a)(2)(B), struck out par. (2), which described exclusion allowance for purposes of subsec. (b)…
(b)(3) Pub. L. 107–16, § 632(a)(2)(C), inserted “or any amount received by a former employee after the fifth taxable year…
(b)(7)(A)(ii) Pub. L. 107–16, § 646(a)(2)(A), substituted “has a severance from employment” for “separates from service”.
(b)(8)(A)(ii) Pub. L. 107–16, § 641(b)(1), substituted “such distribution to an eligible retirement plan described in section…
(b)(8)(B) Pub. L. 107–16, § 641(e)(7), reenacted heading without change and amended text generally. Prior to amendment, text read…
(b)(11) Pub. L. 107–16, § 646(a)(2)(B), substituted “severance from employment” for “separation from service” in heading.
(b)(11)(A) Pub. L. 107–16, § 646(a)(2)(A), substituted “has a severance from employment” for “separates from service”.
(b)(13) Pub. L. 107–16, § 647(a), added par. (13).

§ 404 Deduction for contributions of an employer to an employees’ trust or annuity plan and compensation under a deferred-payment plan

(a)(1)(A) Pub. L. 107–16, § 616(a)(2)(B)(i), inserted “(other than a trust to which paragraph (3) applies)” after “pension trust”…
(a)(1)(D) Pub. L. 107–16, § 652(a), reenacted heading without change and amended text generally. Prior to amendment, text read as…
(a)(3)(A)(i)(I) Pub. L. 107–16, § 616(a)(1)(A), substituted “25 percent” for “15 percent”.
(a)(3)(A)(v) Pub. L. 107–16, § 616(a)(2)(A), amended cl. (v) generally, substituting present provisions for provisions which…
(a)(3)(B) Pub. L. 107–16, § 616(b)(2)(A), struck out at end “The term ‘compensation otherwise paid or accrued during the taxable…
(a)(10)(B) Pub. L. 107–16, § 632(a)(3)(B), struck out “, the exclusion allowance under section 403(b)(2),” after “deferrals under…
(a)(12) Pub. L. 107–16, § 616(b)(1), added par. (12).
(h)(1)(C) Pub. L. 107–16, § 616(a)(1)(B), substituted “25 percent” for “15 percent” in two places.
(h)(2) Pub. L. 107–16, § 616(a)(2)(B)(ii), (iii), substituted “certain trusts” for “stock bonus and profit-sharing trust” in…
(k)(2)(A)(iii) (k)(2)(A)(iv) Pub. L. 107–16, § 662(a), added cl. (iii) and redesignated former cl. (iii) as (iv).
(k)(5)(A) Pub. L. 107–16, § 662(b), inserted “avoidance or” before “evasion”.
(l) Pub. L. 107–16, § 611(c)(1), substituted “$200,000” for “$150,000” in two places.
(n) Pub. L. 107–16, § 614(a), added subsec. (n).

§ 408 Individual retirement accounts

(a)(1) Pub. L. 107–16, § 641(e)(8), substituted “403(b)(8), or 457(e)(16)” for “or 403(b)(8),”.
(a)(1) Pub. L. 107–16, § 601(b)(1), substituted “on behalf of any individual in excess of the amount in effect for such…
(b) Pub. L. 107–16, § 601(b)(3), substituted “the dollar amount in effect under section 219(b)(1)(A)” for “$2,000” in…
(b)(2)(B) Pub. L. 107–16, § 601(b)(2), substituted “the dollar amount in effect under section 219(b)(1)(A)” for “$2,000”.
(d)(3)(A) Pub. L. 107–16, § 642(a), inserted “or” at end of cl. (i), added cl. (ii) and concluding provisions, and struck out…
(d)(3)(D)(i) Pub. L. 107–16, § 642(b)(2), substituted “(i) or (ii)” for “(i), (ii), or (iii)”.
(d)(3)(G) Pub. L. 107–16, § 642(b)(3), reenacted heading without change and amended text of subpar. (G) generally. Prior to…
(d)(3)(H) Pub. L. 107–16, § 643(c), added subpar. (H).
(d)(3)(I) Pub. L. 107–16, § 644(b), added subpar. (I).
(j) Pub. L. 107–16, § 601(b)(4), struck out “$2,000” before “amounts”.
(k)(3)(C) (k)(6)(D)(ii) (k)(8) Pub. L. 107–16, § 611(c)(1), substituted “$200,000” for “$150,000”.
(p)(2)(A)(ii) Pub. L. 107–16, § 611(f)(1), substituted “the applicable dollar amount” for “$6,000”.
(p)(2)(E) Pub. L. 107–16, § 611(f)(2), amended heading and text of subpar. (E) generally. Prior to amendment, text read as…
(p)(6)(A)(ii) Pub. L. 107–16, § 611(g)(2), inserted at end “The preceding sentence shall be applied as if the term ‘trade or…
(p)(8) Pub. L. 107–16, § 601(b)(5), substituted “the dollar amount in effect under section 219(b)(1)(A)” for “$2,000”.
(q) (r) Pub. L. 107–16, § 602(a), added subsec. (q) and redesignated former subsec. (q) as (r).

§ 408A Roth IRAs

(e) Pub. L. 107–16 inserted “Such term includes a rollover contribution described in section 402A(c)(3)(A).” after first…

§ 409 Qualifications for tax credit employee stock ownership plans

(p) § 409 Pub. L. 107–16 added subsec. (p) and redesignated former subsec. (p) as (q).

§ 411 Minimum vesting standards

(a)(2) Pub. L. 107–16, § 633(a)(1), substituted “Except as provided in paragraph (12), a plan” for “A plan” in introductory…
(a)(11)(D) Pub. L. 107–16, § 648(a)(1), added subpar. (D).
(a)(12) Pub. L. 107–16, § 633(a)(2), added par. (12).
(d)(6)(B) Pub. L. 107–16, § 645(b)(1), inserted after second sentence “The Secretary shall by regulations provide that this…
(d)(6)(D) (d)(6)(E) Pub. L. 107–16, § 645(a)(1), added subpars. (D) and (E).

§ 412 Minimum funding standards

(c)(7)(A) Pub. L. 107–16, § 651(a)(1), substituted “in the case of plan years beginning before January 1, 2004, the applicable…
(c)(7) Pub. L. 107–16, § 651(a)(2), reenacted heading and introductory provisions without change and amended table generally…
(c) Pub. L. 107–16, § 661(a), reenacted heading without change and amended text of par. (9) generally. Prior to amendment…

§ 414 Definitions and special rules

(p)(10) Pub. L. 107–16, § 635(b), substituted “section 409(d), and section 457(d)” for “and section 409(d)”.
(p)(11) Pub. L. 107–16, § 635(a), in heading substituted “certain other plans” for “governmental and church plans” and in text…
(p)(12) (p)(13) Pub. L. 107–16, § 635(c), added par. (12) and redesignated former par. (12) as (13).
(v) Pub. L. 107–16, § 631(a), added subsec. (v).

§ 415 Limitations on benefits and contribution under qualified plans

(a)(2) Pub. L. 107–16, § 632(a)(3)(C), struck out “, and the amount of the contribution for such portion shall reduce the…
(b)(1)(A) Pub. L. 107–16, § 611(a)(1)(A), substituted “$160,000” for “$90,000”.
(b)(2)(A) (b)(2)(B) Pub. L. 107–16, § 641(e)(9), substituted “403(b)(8), 408(d)(3), and 457(e)(16)” for “and 408(d)(3)”.
(b)(2)(C) Pub. L. 107–16, § 611(a)(1)(B), (2), in heading substituted “$160,000” for “$90,000” and “age 62” for “the social…
(b)(2)(D) Pub. L. 107–16, § 611(a)(1)(B), (3), in heading substituted “$160,000” for “$90,000” and “age 65” for “the social…
(b)(2)(F) Pub. L. 107–16, § 611(a)(5)(A), struck out subpar. (F), which related to the application of subpars. (C) and (D) in the…
(b)(7) Pub. L. 107–16, § 654(a)(2), inserted “(other than a multiemployer plan)” after “defined benefit plan” in introductory…
(b)(7) Pub. L. 107–16, § 611(a)(1)(C), substituted “one-half the amount otherwise applicable for such year under paragraph…
(b)(9) Pub. L. 107–16, § 611(a)(5)(B), amended par. (9) generally, substituting present provisions for provisions which…
(b)(10)(C)(i) Pub. L. 107–16, § 611(a)(5)(C), struck out “applied without regard to paragraph (2)(F)” before period at end.
(b)(11) Pub. L. 107–16, § 654(a)(1), amended heading and text of par. (11) generally. Prior to amendment, text read as follows…
(c)(1)(A) Pub. L. 107–16, § 611(b)(1), substituted “$40,000” for “$30,000”.
(c)(1)(B) Pub. L. 107–16, § 632(a)(1), substituted “100 percent” for “25 percent”.
(c)(2) Pub. L. 107–16, § 641(e)(10), substituted “408(d)(3), and 457(e)(16)” for “and 408(d)(3)” in concluding provisions.
(c)(3)(E) Pub. L. 107–16, § 632(a)(3)(D), added subpar. (E).
(c)(4) Pub. L. 107–16, § 632(a)(3)(E), struck out par. (4), which related to special election for section 403(b) contracts…
(c)(7) Pub. L. 107–16, § 632(a)(3)(F), amended par. (7) generally, redesignating cls. (i) and (ii) of subpar. (B) as subpars.…
(d)(1)(A) Pub. L. 107–16, § 611(a)(4)(A), substituted “$160,000” for “$90,000”.
(d)(1)(C) Pub. L. 107–16, § 611(b)(2)(A), substituted “$40,000” for “$30,000”.
(d)(3)(A) Pub. L. 107–16, § 611(a)(4)(B), in heading substituted “$160,000” for “$90,000” and in text substituted “July 1, 2001”…
(d)(3)(D) Pub. L. 107–16, § 611(b)(2)(B), in heading substituted “$40,000” for “$30,000” and in text substituted “July 1, 2001”…
(d)(4) Pub. L. 107–16, § 611(h), reenacted heading without change and amended text of par. (4) generally. Prior to amendment…
(f) Pub. L. 107–16, § 654(b)(1), added par. (3).
(g) Pub. L. 107–16, § 654(b)(2), substituted “Except as provided in subsection (f)(3), the Secretary” for “The Secretary”.
(k)(4) Pub. L. 107–16, § 632(b)(1), added par. (4).

§ 416 Special rules for top-heavy plans

(c)(1)(C)(i) Pub. L. 107–16, § 613(e)(A), substituted “clause (ii) or (iii)” for “clause (ii)”.
(c)(1)(C)(iii) Pub. L. 107–16, § 613(e)(B), added cl. (iii).
(c)(2)(A) Pub. L. 107–16, § 613(b), inserted at end “Employer matching contributions (as defined in section 401(m)(4)(A)) shall…
(g)(3) Pub. L. 107–16, § 613(c)(1), amended heading and text of par. (3) generally. Prior to amendment, text read as follows…
(g)(4)(E) Pub. L. 107–16, § 613(c)(2), in heading substituted “last year before determination date” for “last 5 years” and in…
(g)(4)(H) Pub. L. 107–16, § 613(d), added subpar. (H).
(i)(1)(A) Pub. L. 107–16, § 613(a)(1)(D), in concluding provisions, substituted “in the case of plan years beginning after…
(i)(1)(A) Pub. L. 107–16, § 613(a)(1)(A), struck out “or any of the 4 preceding plan years” after “plan year” in introductory…
(i)(1)(A)(i) Pub. L. 107–16, § 613(a)(1)(B), added cl. (i) and struck out former cl. (i) which read as follows: “an officer of the…
(i)(1)(A)(ii) Pub. L. 107–16, § 613(a)(1)(C), redesignated cls. (iii) and (iv) as (ii) and (iii), respectively, and struck out former…
(i)(1)(B)(iii) Pub. L. 107–16, § 613(a)(2), struck out “and subparagraph (A)(ii)” after “this subparagraph” in introductory provisions.

§ 457 Deferred compensation plans of State and local governments and tax-exempt organizations

(a) Pub. L. 107–16, § 649(b)(1), reenacted heading without change and amended text of subsec. (a) generally. Prior to…
(b)(2) Pub. L. 107–16, § 641(a)(1)(B), inserted “(other than rollover amounts)” after “taxable year” in introductory…
(b)(2)(A) Pub. L. 107–16, § 611(e)(1)(A), substituted “the applicable dollar amount” for “$7,500”.
(b)(2)(B) Pub. L. 107–16, § 632(c)(1), substituted “100 percent” for “33⅓ percent”.
(b)(3)(A) Pub. L. 107–16, § 611(e)(1)(B), substituted “twice the dollar amount in effect under subsection (b)(2)(A)” for…
(c) Pub. L. 107–16, § 615(a), amended heading and text of subsec. (c) generally, substituting present provisions for…
(c) Pub. L. 107–16, § 611(e)(1)(A), substituted “the applicable dollar amount” for “$7,500”.
(c) Pub. L. 107–16, § 611(d)(3)(B), substituted “402(g)(7)(A)(iii)” for “402(g)(8)(A)(iii)” in concluding provisions.
(d)(1) Pub. L. 107–16, § 641(a)(1)(C), added subpar. (C) and concluding provisions.
(d)(1)(A)(ii) Pub. L. 107–16, § 646(a)(3), substituted “has a severance from employment” for “is separated from service”.
(d)(2) Pub. L. 107–16, § 649(a), reenacted heading without change and amended text of par. (2) generally, substituting present…
(d)(3) Pub. L. 107–16, § 649(b)(2)(B), added par. (3).
(e)(9) Pub. L. 107–16, § 649(b)(2)(A), in heading substituted “Benefits of tax exempt organization plans not treated as made…
(e)(9)(A)(i) Pub. L. 107–16, § 648(b), substituted “the portion of such amount which is not attributable to rollover contributions…
(e)(15) Pub. L. 107–16, § 611(e)(2), amended heading and text of par. (15) generally. Prior to amendment, text read as follows…
(e)(16) Pub. L. 107–16, § 641(a)(1)(A), added par. (16).
(e)(17) Pub. L. 107–16, § 647(b), added par. (17).

§ 469 Passive activity losses and credits limited

(i)(3) Pub. L. 107–16 substituted “, 221, and 222” for “and 221”.

§ 501 Exemption from tax on corporations, certain trusts, etc.

(c)(18)(D)(iii) Pub. L. 107–16, § 611(d)(3)(C), struck out “(other than paragraph (4) thereof)” after “section 402(g)”.

§ 505 Additional requirements for organizations described in paragraph (9) or (17) of section 501(c)

(b)(7) Pub. L. 107–16 substituted “$200,000” for “$150,000” in two places.

§ 529 Qualified tuition programs

§ 529 Pub. L. 107–16, § 402(a)(4)(D), struck out “State” before “tuition” in section catchline.
(a) Pub. L. 107–16, § 402(a)(4)(A), substituted “qualified tuition” for “qualified State tuition”.
(b) Pub. L. 107–16, § 402(a)(4)(C), substituted “Qualified tuition” for “Qualified State tuition” in heading.
(b)(1) Pub. L. 107–16, § 402(a)(1), (4)(A), in introductory provisions, substituted “qualified tuition” for “qualified State…
(b)(1)(A)(ii) Pub. L. 107–16, § 402(a)(2), inserted “in the case of a program established and maintained by a State or agency or…
(b)(2) Pub. L. 107–16, § 402(a)(4)(A), substituted “qualified tuition” for “qualified State tuition”.
(b)(3) (b)(4) (b)(5) (b)(6) (b) Pub. L. 107–16, § 402(a)(3)(A), (4)(A), redesignated pars. (4) to (7) as (3) to (6), respectively, substituted…
(c)(1)(A) (c)(3)(A) Pub. L. 107–16, § 402(a)(4)(A), substituted “qualified tuition” for “qualified State tuition”.
(c)(3)(B) Pub. L. 107–16, § 402(b)(1), amended heading and text of subpar. (B) generally. Prior to amendment, text read as…
(c)(3)(B) Pub. L. 107–16, § 402(a)(4)(A), substituted “qualified tuition” for “qualified State tuition”.
(c)(3)(C) Pub. L. 107–16, § 402(c)(3), inserted “or programs” after “beneficiaries” in heading.
(c)(3)(C)(i) Pub. L. 107–16, § 402(c)(1), substituted “transferred—” for “transferred”, added subcl. (I), and designated existing…
(c)(3)(C)(i) Pub. L. 107–16, § 402(a)(4)(A), substituted “qualified tuition” for “qualified State tuition”.
(c)(3)(C)(ii) Pub. L. 107–16, § 402(a)(4)(A), substituted “qualified tuition” for “qualified State tuition”.
(c)(3)(C)(iii) Pub. L. 107–16, § 402(c)(2), added cl. (iii).
(c)(3)(D) Pub. L. 107–16, § 402(a)(4)(A), substituted “qualified tuition” for “qualified State tuition”.
(c)(3)(D) Pub. L. 107–16, § 402(g)(1), inserted “except to the extent provided by the Secretary,” before “all distributions”.
(c)(3)(D) Pub. L. 107–16, § 402(g)(2), inserted “except to the extent provided by the Secretary,” before “the value”.
(c)(6) Pub. L. 107–16, § 402(a)(3)(B), added par. (6).
(d) (e)(1)(A) (e)(1)(C) Pub. L. 107–16, § 402(a)(4)(A), substituted “qualified tuition” for “qualified State tuition”.
(e)(2)(D) Pub. L. 107–16, § 402(d), added subpar. (D).
(e)(3)(A) Pub. L. 107–16, § 402(f), reenacted heading without change and amended text of subpar. (A) generally. Prior to…
(e)(3)(B)(i) Pub. L. 107–16, § 402(a)(4)(A), substituted “qualified tuition” for “qualified State tuition”.
(e)(3)(B)(ii) Pub. L. 107–16, § 402(e), reenacted heading without change and amended text of cl. (ii) generally. Prior to amendment…
(e)(4) Pub. L. 107–16, § 402(a)(4)(A), substituted “qualified tuition” for “qualified State tuition”.

§ 530 Coverdell education savings accounts

(b)(1) Pub. L. 107–16, § 401(d), inserted concluding provisions.
(b)(1) Pub. L. 107–16, § 401(c)(3)(A), struck out “higher” before “education expenses” in introductory provisions.
(b)(1)(A)(iii) Pub. L. 107–16, § 401(a)(1), substituted “$2,000” for “$500”.
(b)(2) Pub. L. 107–16, § 401(c)(1), amended heading and text of par. (2) generally, substituting present provisions for…
(b)(2)(B) Pub. L. 107–16, § 402(a)(4)(A), (C), in heading, substituted “Qualified tuition” for “Qualified State tuition” and in…
(b)(4) Pub. L. 107–16, § 401(c)(2), added par. (4).
(b) Pub. L. 107–16, § 401(f)(1), added par. (5).
(c)(1) Pub. L. 107–16, § 401(e), substituted “In the case of a contributor who is an individual, the maximum amount the…
(c)(1)(A)(ii) Pub. L. 107–16, § 401(b)(1), substituted “$190,000” for “$150,000”.
(c)(1)(B) Pub. L. 107–16, § 401(b)(2), substituted “$30,000” for “$10,000”.
(d)(2) Pub. L. 107–16, § 401(c)(3)(B), struck out “higher” before “education” in heading.
(d)(2)(A) (d)(2)(B) Pub. L. 107–16, § 401(c)(3)(A), struck out “higher” before “education”.
(d)(2)(C) Pub. L. 107–16, § 401(g)(1), amended heading and text of subpar. (C) generally. Prior to amendment, text read as…
(d)(2)(D) Pub. L. 107–16, § 401(g)(2)(C), in heading, substituted “deduction, credit, or exclusion” for “credit or deduction” and…
(d)(4)(C) Pub. L. 107–16, § 401(f)(2)(B), substituted “certain date” for “due date of return” in heading.
(d)(4)(C)(i) Pub. L. 107–16, § 401(f)(2)(A), added cl. (i) and struck out former cl. (i) which read as follows: “such distribution…

§ 531 Imposition of accumulated earnings tax

§ 531 Pub. L. 107–16 substituted “equal to the product of the highest rate of tax under section 1(c) and the accumulated…

§ 541 Imposition of personal holding company tax

§ 541 Pub. L. 107–16 substituted “equal to the product of the highest rate of tax under section 1(c) and the undistributed…

§ 646 Tax treatment of electing Alaska Native Settlement Trusts

Enacted § 646

§ 664 Charitable remainder trusts

(g)(3)(E) Pub. L. 107–16, § 632(a)(3)(H)(i), substituted “applicable limitation under paragraph (7)” for “limitations under…
(g)(7) Pub. L. 107–16, § 632(a)(3)(H)(ii), added par. (7).

§ 684 Recognition of gain on certain transfers to certain foreign trusts and estates

§ 684 Pub. L. 107–16, § 542(e)(1)(A)–(C), amended section by inserting “and nonresident aliens” after “estates” in section…

§ 861 Income from sources within the United States

(a)(3) Pub. L. 107–16 struck out “except for purposes of sections 79 and 105 and subchapter D,” after “In addition,” in…

§ 904 Limitation on credit

(h) Pub. L. 107–16, § 618(b)(2)(D), as amended by Pub. L. 107–147, § 417(23)(B), substituted “, 24, and 25B” for “and 24”.
(h) Pub. L. 107–16, § 202(f)(2)(C), substituted “sections 23 and 24” for “section 24”.
(h) Pub. L. 107–16, § 201(b)(2)(G), inserted “(other than section 24)” after “chapter”.

§ 1014 Basis of property acquired from a decedent

(f) Pub. L. 107–16, § 541, added subsec. (f).

§ 1016 Adjustments to basis

(a)(28) Pub. L. 107–16 added par. (28).

§ 1040 Transfer of certain farm, etc., real property

§ 1040 Pub. L. 107–16, § 542(d)(1), amended section generally. Prior to amendment, text read as follows:

§ 1221 Capital asset defined

(a)(3)(C) Pub. L. 107–16, § 542(e)(2)(A), inserted “(other than by reason of section 1022)” after “is determined”.

§ 1291 Interest on tax deferral

(e) Pub. L. 107–16, § 542(e)(5)(B), struck out “(e),” after “subsections (c), (d),” and substituted period at end for “…

§ 1296 Election of mark to market for marketable stock

(i) Pub. L. 107–16, § 542(e)(5)(C), struck out subsec. (i). Text read as follows: “In the case of stock of a passive…

§ 2001 Imposition and rate of tax

(c) Pub. L. 107–16, § 511(a), substituted in table provisions that if the amount on which the tax is computed is over…
(c) Pub. L. 107–16, § 511(c), added par. (2).
(c) Pub. L. 107–16, § 511(b), struck out heading and text of par. (2). Text read as follows: “The tentative tax determined…

§ 2010 Unified credit against estate tax

(c) Pub. L. 107–16, in table, substituted provision that in the case of estates of decedents dying during the years 2002…

§ 2012 Credit for gift tax

(a) Pub. L. 107–16 struck out “the credit for State death taxes provided by section 2011 and” before “the unified credit”.

§ 2013 Credit for tax on prior transfers

(c)(1)(A) Pub. L. 107–16 struck out “2011,” after “sections 2010,”.

§ 2014 Credit for foreign death taxes

(b)(2) Pub. L. 107–16 struck out “, 2011,” after “sections 2010” in introductory provisions.

§ 2015 Credit for death taxes on remainders

§ 2015 Pub. L. 107–16 struck out “2011 or” before “2014”.

§ 2016 Recovery of taxes claimed as credit

§ 2016 Pub. L. 107–16 struck out “2011 or” before “2014 is recovered”.

§ 2031 Definition of gross estate

(c)(2) Pub. L. 107–16, § 551(b), inserted at end “The values taken into account under the preceding sentence shall be such…
(c)(8)(A)(i) Pub. L. 107–16, § 551(a), amended cl. (i) generally. Prior to amendment, cl. (i) read as follows: “which is located—

§ 2053 Expenses, indebtedness, and taxes

(d) Pub. L. 107–16 substituted “Certain foreign death taxes” for “Certain State and foreign death taxes” in heading and…

§ 2056A Qualified domestic trust

(b)(10)(A) Pub. L. 107–16 struck out “2011,” before “2014,” and inserted “2058,” after “2056,”.

§ 2058 State death taxes

Enacted § 2058

§ 2102 Credits against tax

(a) Pub. L. 107–16, § 532(c)(7)(A), reenacted heading without change and amended text of subsec. (a) generally. Prior to…
(b) Pub. L. 107–16, § 532(c)(7)(B), redesignated subsec. (c) as (b) and struck out heading and text of former subsec. (b).…
(b)(5) Pub. L. 107–16, § 532(c)(7)(C), substituted “2012 and 2013” for “2011 to 2013, inclusive,”.
§ 2102 Pub. L. 107–16, § 532(c)(7)(B), redesignated subsec. (c) as (b).

§ 2106 Taxable estate

(a)(4) Pub. L. 107–16 added par. (4).

§ 2107 Expatriation to avoid tax

(c)(3) Pub. L. 107–16 substituted “2012 and 2013” for “2011 to 2013, inclusive,”.

§ 2201 Combat zone-related deaths of members of the Armed Forces, deaths of astronauts, and deaths of victims of certain terrorist attacks

§ 2201 Pub. L. 107–16, § 532(c)(9)(B), which added concluding provisions which read as follows: “For purposes of this section…
§ 2201 Pub. L. 107–16, § 532(c)(9)(A), which struck out “as defined in section 2011(d)” after “The additional estate tax” in…

§ 2502 Rate of tax

(a) Pub. L. 107–16, § 511(d), amended subsec. (a) generally. Prior to amendment, text read as follows: “The tax imposed by…

§ 2505 Unified credit against gift tax

(a)(1) Pub. L. 107–16, § 521(b)(2), amended par. (1) generally. Prior to amendment, par. (1) read as follows: “the applicable…
(a)(1) Pub. L. 107–16, § 521(b)(1), inserted “(determined as if the applicable exclusion amount were $1,000,000)” after…

§ 2511 Transfers in general

§ 2511 Pub. L. 107–16 added subsec. (c).

§ 2631 GST exemption

(a) Pub. L. 107–16, § 521(c)(1), substituted “amount” for “of $1,000,000”.
(c) Pub. L. 107–16, § 521(c)(2), amended heading and text of subsec. (c) generally, substituting provisions relating to the…

§ 2632 Special rules for allocation of GST exemption

(b)(2) Pub. L. 107–16, § 561(b), substituted “or subsection (c)(1)” for “with respect to a prior direct skip”.
(c) (d) (e) Pub. L. 107–16, § 561(a), added subsecs. (c) and (d) and redesignated former subsec. (c) as (e).

§ 2642 Inclusion ratio

(a)(3) Pub. L. 107–16, § 562(a), added par. (3).
(b)(1) Pub. L. 107–16, § 563(a), reenacted heading without change and amended text of par. (1) generally. Prior to amendment…
(b)(2)(A) Pub. L. 107–16, § 563(b), reenacted heading without change and amended text of subpar. (A) generally. Prior to…
(g) Pub. L. 107–16, § 564(a), added subsec. (g).

§ 3401 Definitions

(a)(12)(E) Pub. L. 107–16 added subpar. (E).

§ 3402 Income tax collected at source

(p)(1)(B) Pub. L. 107–16, § 101(c)(6), substituted “7 percent, any percentage applicable to any of the 3 lowest income brackets…
(p)(2) Pub. L. 107–16, § 101(c)(7), substituted “10 percent” for “15 percent”.
(q)(1) Pub. L. 107–16, § 101(c)(8), substituted “equal to the product of the third lowest rate of tax applicable under section…
(r)(3) Pub. L. 107–16, § 101(c)(9), substituted “the fourth lowest rate of tax applicable under section 1(c)” for “31 percent”…

§ 3405 Special rules for pensions, annuities, and certain other deferred income

(c)(3) Pub. L. 107–16, § 641(a)(1)(D)(ii), reenacted heading without change and amended text of par. (3) generally. Prior to…
(d)(2)(B)(iv) Pub. L. 107–16, § 641(a)(1)(D)(iii), added cl. (iv).

§ 3406 Backup withholding

(a)(1) Pub. L. 107–16 substituted “equal to the product of the fourth lowest rate of tax applicable under section 1(c) and…

§ 4947 Application of taxes to certain nonexempt trusts

(a)(2)(A) Pub. L. 107–16, § 542(e)(4), inserted “642(c),” after “170(f)(2)(B),”.

§ 4972 Tax on nondeductible contributions to qualified employer plans

(c)(6) Pub. L. 107–16, § 652(b)(4), substituted “Subparagraph (B)” for “Subparagraph (C)” in concluding provisions.
(c)(6) Pub. L. 107–16, § 652(b)(3), as amended by Pub. L. 108–311, § 408(b)(9), substituted “subparagraph (A)” for…
(c)(6) Pub. L. 107–16, § 652(b)(2), in concluding provisions, struck out first sentence which read as follows: “If 1 or more…
(c)(6) Pub. L. 107–16, § 637(b), in concluding provisions, inserted at end “Subparagraph (C) shall not apply to contributions…
(c)(6)(A) Pub. L. 107–16, § 652(b)(1), redesignated subpar. (B) as (A) and struck out former subpar. (A) which read as follows…
(c)(6)(A) Pub. L. 107–16, § 637(a), struck out “and” at end.
(c)(6)(B) Pub. L. 107–16, § 652(b)(1), redesignated subpar. (C) as (B). Former subpar. (B) redesignated (A).
(c)(6)(B) Pub. L. 107–16, § 637(a), substituted “, or” for period at end.
(c)(6)(B) Pub. L. 107–16, § 616(b)(2)(B), substituted “(within the meaning of section 404(a) and as adjusted under section…
(c)(6) Pub. L. 107–16, § 652(b)(1), redesignated subpar. (C) as (B).
(c)(6) Pub. L. 107–16, § 637(a), added subpar. (C).
(c)(7) Pub. L. 107–16, § 653(a), added par. (7).

§ 4973 Tax on excess contributions to certain tax-favored accounts and annuities

(b)(1)(A) Pub. L. 107–16, § 641(e)(11), substituted “408(d)(3), or 457(e)(16)” for “or 408(d)(3)”.
(e) Pub. L. 107–16, § 402(a)(4)(A), which directed the substitution of “qualified tuition” for “qualified State tuition”…
(e)(1)(A) Pub. L. 107–16, § 401(a)(2), (g)(2)(D), substituted “$2,000” for “$500” and inserted “and” at end.
(e)(1)(B) (e)(1) Pub. L. 107–16, § 401(g)(2)(D), redesignated subpar. (C) as (B) and struck out former subpar. (B) which read as…

§ 4975 Tax on prohibited transactions

(e)(7) Pub. L. 107–16, § 656(b), inserted “, section 409(p),” after “409(n)” in concluding provisions.
(f)(6)(B)(iii) Pub. L. 107–16, § 612(a), added cl. (iii).

§ 4979A Tax on certain prohibited allocations of qualified securities

(a) Pub. L. 107–16, § 656(c)(1), added pars. (3) and (4) and, in concluding provisions, substituted “there is hereby…
(c) Pub. L. 107–16, § 656(c)(2), amended heading and text of subsec. (c) generally. Prior to amendment, text read as…
(e) Pub. L. 107–16, § 656(c)(3), amended heading and text of subsec. (e) generally. Prior to amendment, text read as…

§ 4980F Failure of applicable plans reducing benefit accruals to satisfy notice requirements

Enacted § 4980F

§ 6018 Estate tax returns

§ 6018 Pub. L. 107–16, § 542(b)(1), amended section generally, substituting provisions related to tax returns for certain…

§ 6019 Gift tax returns

§ 6019 Pub. L. 107–16, § 542(b)(2), designated existing provisions as subsec. (a), inserted subsec. (a) heading “In general”…

§ 6039H Information with respect to Alaska Native Settlement Trusts and Native Corporations

Enacted § 6039H

§ 6047 Information relating to certain trusts and annuity plans

(f) (g) Pub. L. 107–16 added subsec. (f) and redesignated former subsec. (f) as (g).

§ 6050S Returns relating to higher education tuition and related expenses

(e) Pub. L. 107–16 substituted “section 221(d)(1)” for “section 221(e)(1)”.

§ 6051 Receipts for employees

(a)(8) Pub. L. 107–16 inserted “, including the amount of designated Roth contributions (as defined in section 402A)” before…

§ 6075 Time for filing estate and gift tax returns

(a) Pub. L. 107–16, § 542(b)(3)(A), amended subsec. (a) generally. Prior to amendment, text read as follows: “Returns made…
(b)(3) Pub. L. 107–16, § 542(b)(3)(B), substituted “section 6018 return” for “estate tax return” in heading and “(relating to…

§ 6166 Extension of time for payment of estate tax where estate consists largely of interest in closely held business

(b)(1)(B)(ii) Pub. L. 107–16, § 571(a), substituted “45” for “15”.
(b)(8)(B) Pub. L. 107–16, § 573(a), reenacted heading without change and amended text of subpar. (B) generally. Prior to…
(b)(9)(B)(iii)(I) Pub. L. 107–16, § 571(a), substituted “45” for “15”.
(b)(10) Pub. L. 107–16, § 572(a), added par. (10).

§ 6213 Restrictions applicable to deficiencies; petition to Tax Court

(g)(2)(M) Pub. L. 107–16 added subpar. (M).

§ 6511 Limitations on credit or refund

(i)(2) Pub. L. 107–16 substituted “2014(b)” for “2011(c), 2014(b),”.

§ 6612 Cross references

(c) Pub. L. 107–16 struck out “section 2011(c) (relating to refunds due to credit for State taxes),” after “see”.

§ 6693 Failure to provide reports on certain tax-favored accounts or annuities; penalties relating to designated nondeductible contributions

(a)(2)(C) Pub. L. 107–16 substituted “qualified tuition” for “qualified State tuition”.

§ 7508A Authority to postpone certain deadlines by reason of Federally declared disaster, significant fire, or terroristic or military actions

(a) Pub. L. 107–16 substituted “120 days” for “90 days” in introductory provisions.

§ 7701 Definitions

(a)(47) Pub. L. 107–16, § 542(e)(3), added par. (47) which defined the term “executor”.