Page:United States Statutes at Large Volume 85.djvu/542

 512

68A Stat. 8 2 3. 26 USC 6654.

83 Stat. 6 8 2.

68A Stat. 7 3 3; 84 Stat. 2063.

69 Stat. 616; 79 Stat. 3 8 3.

83 Stat. 686.

PUBLIC LAW 92-178-DEC. 10, 1971

[85 STAT.

SEC. 207. WAIVER OF PENALTY FOR UNDERPAYMENT OF 1&71 ESTIMATED INCOME TAX. (a) WAIVER OF PENALTY.—Notwithstanding any other provision of law, section 6654(a) of the Internal Revenue Code of 1954 (relating to addition to tax for failure by individual to pay estimated income tax) shall not apply to any taxable year beginning after December 31, 1970, and ending before January 1, 1972— (1) if gross income for the taxable year does not exceed $10,000 in the case of— (A) a single individual other than a head of a household (as defined in section 2(b) of such Code) or a surviving spouse (as defined in section 2(a) of such Code); or (B) a married individual not entitled under section 6013 of such Code to file a joint return for the taxable year; or (2) if gross income for the taxable year does not exceed $20,000 in the case of— (A) a head of a household (as defined in section 2(b) of such Code); or (B) a surviving spouse (as defined in section 2(a) of such Code); or (3) in the case of a married individual entitled under section 6013 of such Code to file a joint return for the taxable year, if the aggregate gross income of such individual and his spouse lor the taxable year does not exceed $20,000. (b) LIMITATION.—Subsection (a) shall not apply if the taxpayer has income from sources other than wages (as defined in section 3401 (a) of such Code) in excess of $200 for the taxable year ($400 in the case of a husband and wife entitled to file a joint return under section 6013 of such Code for the taxable year). SEC. 208. ADJUSTMENT OF WITHHOLDING. (a) REQUIREMENT OF WITHHOLDING.—Section 3402(a)

(relating

to requirement of withholding) is amended by striking out paragraphs (1) through (5) and inserting in lieu thereof the following: 'Table 1.—If the payroll period with respect to an employee is WEEKLY " (a) Single Person—Including Head of Household: "If the amount of wages is: Not over $11 Over $11 but not over $35 Over $35 but not over $73 Over $73 but not over $202 Over.$202 but not over $231 Over $231 but not over $269 Over $269 but not over $333 Over $333

The amount of income tax to be withheld shall be: 0. 14% of excess over $11. $3.36 plus 18% of excess over $35. $10.20 plus 21% of excess over $73. $37.29 plus 23% of excess over $202. $43.96 plus 27% of excess over $231. $54.22 plus 31% of excess over $269. $74.06 plus 35% of excess over.$333.

" (b) Married Person: "If the amount of wages is: Not over $11 Over $11 but not over $39 Over $39 but not over $167 Over $167 but not over $207 Over $207 but not over $324 Over $324 but not over $409 Over $409 but not over $486 Over $486

The amount of income tax to be withheld shall be: 0. 14% of excess over $11. $3.92 plus 16% of excess over $39. $24.40 plus 20% of excess over $167. $32.40 plus 24% of excess over $207. $60.48 plus 28% of excess over $324. $84.28 plus 32% of excess over $409. $108.92 plus 36% of excess over $486.

�