1. Regulations
  2. title 26
  3. chapter I-i19
  4. part 301
  5. subpart 0-i5
  6. subjgrp 58
  7. § 301.6403-1

View all text of Subjgrp 58 [§ 301.6401-1 - § 301.6407-1]

§ 301.6403-1 - Overpayment of installment.

If any installment of tax is overpaid, the overpayment shall first be applied against any outstanding installments of such tax. If the overpayment exceeds the correct amount of tax due, the overpayment shall be credited or refunded as provided in section 6402 and §§ 301.6402-1 to 301.6402-4, inclusive.

AUTHORITY: Section 301.1474-1 also issued under 26 U.S.C. 1474(f).

SOURCE: 32 FR 15241, Nov. 3, 1967, unless otherwise noted.

CITE AS: 26 CFR 301.6403-1