CCA 201116025
Authority to Make Credits or Refunds
ID: CCA_2011032511414442 Number: 201116025
Release Date: 4/22/2011
Office: ---
UILC: 6402.00-00
From: ---
Sent: Friday, March 25, 2011 11:41:47 AM
To: ---
Cc:
Subject: credit elect
A taxpayer is not entitled to interest on a credit elect. Pursuant to Treas. Reg.
§ 301.6402-3(a)(5), the taxpayer may elect to apply an overpayment to its estimated payment of tax for the succeeding taxable year by so indicating on its return or amended return. If the taxpayer makes this election, no interest is allowed on the portion of the overpayment that is credited.
Source: view the official PDF
Nearby sections (25 sections)
- cca-201118018 · Abatements
- cca-201118017 · Abatements
- tam-201117028 · Reversals of Regulations or Rulings With Retroactive…
- tam-201117027 · Tax On Insurance Companies Other Than Life Insurance…
- cca-201117033 · Confidentiality and Disclosure of Returns and Return…
- cca-201117032 · Limitations on Assessment and Collection (Barred v. Not…
- cca-201117031 · Authority to Release Levy
- cca-201117030 · Interest of Taxpayer
- cca-201117029 · Disclosure
- cca-201117026 · Wages
- cca-201116027 · Authority to Make Credits or Refunds
- cca-201116026 · Other Requests
- cca-201116025 · Authority to Make Credits or Refunds
- cca-201116024 · Authority to Make Credits or Refunds
- cca-201116023 · Administrative Adjustments Requests
- cca-201116022 · Tax Matters Partner
- cca-201116021 · Abatements
- cca-201116020 · Settlement Agreement
- cca-201116019 · Levy and Distraint
- cca-201116018 · Failure to File Tax Returns or Pay Tax (Addition v. No…
- cca-201116017 · Authority to Make Credits or Refunds
- cca-201115023 · Extension by Agreement
- cca-201115022 · Levy and Distraint
- cca-201115021 · Time for Filing Claim
- cca-201115020 · Time for Filing Claim