Treasury Regulations · 26 CFR
§ 1.6655(e)-1. Time and manner for making election under the Omnibus Budget Reconciliation Act of 1993.
Regulation text, no changes From the eCFR, current as of October 15, 2026. The eCFR is an authoritative but unofficial editorial compilation of the Code of Federal Regulations; the official text is the annual CFR on govinfo. Compare it with this section on ecfr.gov (external site) or the official annual CFR on govinfo (external site).
Regulation under 26 U.S.C. § 6655(e)
Cite as 26 CFR § 1.6655(e)-1
At a glance
Read from the text and its source citation. Not part of the regulation.
- Status
- In the current eCFR
- Issued
- December 12, 1996 by T.D. 8688
- Issued under
- 26 U.S.C. § 6655(e)
- Length
- 193 words · about 1 min to read
- Cross-references
- cites 1 Code section and 0 regulations; cited by 0
¶(a) Description. Section 6655(e)(2)(C), as added by section 13225 of the Omnibus Budget Reconciliation Act of 1993 (Pub. L. 103-66, 107 Stat. 486), allows a corporate taxpayer to make an annual election to use a different annualization period to determine annualized income for purposes of paying any required installment of estimated income tax for a taxable year beginning after December 31, 1993.
¶(b) Time and manner for making the election. An election under section 6655(e)(2)(C) must be made on or before the date required for the payment of the first required installment for the taxable year. For a calendar or fiscal year corporation, Form 8842, Election to Use Different Annualization Periods for Corporate Estimated Tax, must be filed by the 15th day of the 4th month of the taxable year for which the election is to apply. Form 8842 must be filed with the Internal Revenue Service Center where the corporation files its income tax return.
¶(c) Revocability of election. The election described in this section is irrevocable.
¶(d) Effective date. The rules set forth in this section are effective December 12, 1996.
[T.D. 8688, 61 FR 65322, Dec. 12, 1996]
Cross-references
Computed from the citations in the text of 26 CFR.
Code sections it cites
Amendment history
From the source citation at the end of the section, newest first. T.D. is a Treasury decision; FR is the Federal Register.
- Issued by T.D. 8688 (61 FR 65322)
Where it sits in 26 CFR
- Subchapter A Income tax
- Part 1 Income taxes
- Additions to the tax, additional amounts, and assessable penalties
Nearby sections
- § 1.6655-4 Large corporations.
- § 1.6655-5 Short taxable year.
- § 1.6655-6 Methods of accounting.
- § 1.6655-7 Addition to tax on account of excessive adjustment under section 6425.
- § 1.6655(e)-1 Time and manner for making election under the Omnibus Budget Reconciliation Act of 1993.
- § 1.6662-0 Table of contents.
- § 1.6662-1 Overview of the accuracy-related penalty.
- § 1.6662-2 Accuracy-related penalty.
- § 1.6662-3 Negligence or disregard of rules or regulations.