Page:United States Statutes at Large Volume 91.djvu/168

 91 STAT. 134

PUBLIC LAW 95-30—MAY 23, 1977

26 USC 641.

(8) Subsection (a) of section 641 (relating to imposition of tax for estates and trusts) is amended by striking out "section 1(d) " and inserting in lieu thereof "section 1(e) ". (9) Subsection (k) of section 642 (relating to special rules for credits and deductions of estate or trust) is amended to read as follows: i s t«i

Ante, p. 131. 26 USC 642.

"(k)

26 USC 703. ,f

26 USC 873.

"For special rule for determining the time of receipt of dividends by a beneficiary under section 652 or 662, see section 116(c)(3)." (10) Subsection (a)(2) of section 703 (relating to partnership income and deductions) is amended— (A^ by striking out subparagraph (A), and (B) by redesignating subparagraphs (B) through (G) as subparagraph s (A) through (F),respectively. (11) Subsection (c) of section 873 (relating to deductions in the case of nonresident alien individuals) is amended to read as follows: "(c)

Repeal. 26 USC 931. 26 USC 6014.

Post, p. 135. 26 USC 6014.

26 USC 6212.

26 USC 6504. ,'

CROSS R E F E R E N C E. —

CROSS R E F E R E N C E. —

"For rule that certain foreign taxes are not to be taken into account in determining deduction or credit, see section 906(b)(1)." (12) Paragraph (3) of section 931(d) (relating to deductions jn computing income from sources within possessions of the United States) is hereby repealed. (13) Subsection (a) of section 6014 (relating to tax not computed by taxpayer} is amended— (A) by striking out "entitled to t a k e " through "section ] 1 4 1 (e)) " in the first sentence thereof and inserting in lieu thereof "who does not itemize his deductions and who does not have an unused zero bracket amount (determined under section 63(e)), ", and .. (B) by striking out " and shall constitute an election to take the standard deduction" in the second sentence thereof. (14) Paragraph (4) of section 6014(b) (relating to regulations) is amended to read as follows: " (4) to cases where the taxpayer itemizes his deductions or has an unused zero bracket amount." (15) Subparagraph (A) of section 6212(c)(2) (relating to further deficiency letters restricted) is amended to read as -t follows: I, " (A) Deficiency attributable to change of treatment with respect to itemized deductions and zero bracket amount, see section 63(g)(5). " (16) Paragraph (2) of section 6504 (relating to cross references) is amended to read as follows: "(2) Change of treatment with respect to itemized deductions and •, zero bracket amount where taxpayer and his spouse make separate returns, see section 63(g)(5)." .

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(e)

CLERICAL AMENDMENTS. —

(1) The table of sections for subpart A of part IV of subchapter A of chapter 1 (relating to credits allowable against tax) is amended by striking out the item relating to section 36. (2) The heading and table of sections for part IV of subchapter B of chapter 1 (relating to standard deduction for individuals) are amended to read as follows:

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