26 U.S.C. § 6102
Section 6102 · Computations on returns or other documents
Amended 2 times on record
Applied in 2 court decisions — leading case 475 F. Supp. 2d 1 - Smith v. United States (2006)
Most recently applied in 475 F. Supp. 2d 1 - Smith v. United States (November 2006)
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.
Any person making a return, statement, or other document shall be allowed, under regulations prescribed by the Secretary, to make such return, statement, or other document without regard to subsection (a).
The provisions of subsections (a) and (b) shall not be applicable to items which must be taken into account in making the computations necessary to determine the amount required to be shown on a form, but shall be applicable only to such final amount.
Editorial notes U.S. Code · Office of the Law Revision Counsel
Amendments
1976—Subsecs. (a), (b). Pub. L. 94–455 struck out “or his delegate” after “Secretary”.
Cross References
Fractional parts of a cent, see section 6313 of this title.
Fractional parts of a dollar, see section 7504 of this title.