H.R. 4214 - Tax Deadline Simplification Act
H.R. 4214; Tax Deadline Simplification Act
- AuthorsLesko, Rep. Debbie
- Institutional AuthorsU.S. House of Representatives
- Code Sections
- Subject Area/Tax Topics
- Jurisdictions
- Tax Analysts Document Number2021-44564
- Tax Analysts Electronic Citation2021 TNTF 228-10
117TH CONGRESS
1ST SESSION
H.R. 4214
To amend the Internal Revenue Code of 1986 to require estimated income tax installments to be paid on a quarterly basis.
IN THE HOUSE OF REPRESENTATIVES
JUNE 29, 2021
Mrs. LESKO (for herself and Mr. SCHNEIDER) introduced the following bill; which was referred to the Committee on Ways and Means
A BILL
To amend the Internal Revenue Code of 1986 to require estimated income tax installments to be paid on a quarterly basis.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the "Tax Deadline Simplification Act".
SEC. 2. QUARTERLY INSTALLMENTS FOR ESTIMATED INCOME TAX PAYMENTS BY INDIVIDUAL.
(a) IN GENERAL. — The table contained in paragraph (2) of section 6654(c) of the Internal Revenue Code of 1986 is amended —
(1) by striking "June 15" and inserting "July 15", and
(2) by striking "September 15" and inserting "October 15".
(b) EFFECTIVE DATE. — The amendments made by this section shall apply to installments due in taxable years beginning after the date of the enactment of this Act.
- AuthorsLesko, Rep. Debbie
- Institutional AuthorsU.S. House of Representatives
- Code Sections
- Subject Area/Tax Topics
- Jurisdictions
- Tax Analysts Document Number2021-44564
- Tax Analysts Electronic Citation2021 TNTF 228-10