26 USC 6102 - Computations on returns or other documents

U.S Code last checked for updates: Oct 18, 2024

§ 6102.

Computations on returns or other documents

(a)

Amounts shown on internal revenue forms

The Secretary is authorized to provide with respect to any amount required to be shown on a form prescribed for any internal revenue return, statement, or other document, that if such amount of such item is other than a whole-dollar amount, either—

(1)

the fractional part of a dollar shall be disregarded; or

(2)

the fractional part of a dollar shall be disregarded unless it amounts to one-half dollar or more, in which case the amount (determined without regard to the fractional part of a dollar) shall be increased by $1.

(b)

Election not to use whole dollar amounts

(c)

Inapplicability to computation of amount

(Aug. 16, 1954, ch. 736, 68A Stat. 753; Pub. L. 94–455, title XIX, § 1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1834.)

cite as: 26 USC 6102