Treasury Regulations · 26 CFR
§ 44.6419-2. Credit or refund on wagers laid off by taxpayer.
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. § 6419
Cite as 26 CFR § 44.6419-2
At a glance
Read from the text and its source citation. Not part of the regulation.
- Status
- In the current eCFR
- Source
- T.D. 6370, 24 FR 2614, Apr. 4, 1959, unless otherwise noted.
- Issued under
- 26 U.S.C. § 6419
- Length
- 608 words · about 3 min to read
- Cross-references
- cites 2 Code sections and 0 regulations; cited by 2
(In support of credit or refund with respect to laid-off wagers under section 6419(b) of the Internal Revenue Code.)
I hereby certify that I, or the __________ (Corporation, partnership, or syndicate) of which I am an officer or member, doing business at ________________________, (Address) registered with the District Director of Internal Revenue at ____________________, ____________________ under Registration No. ________ as a person accepting wagers within the meaning of section 4401 of the Internal Revenue Code, accepted laid-off wagers, in the amounts and on the dates indicated below, from __________________, (Name) ________________, (Address) during the month of ________________, 19____.
| Date | Amount of laid-off wager | Subject of laid-off wager (Identify horse and track, particular contest, or contestant, etc.) |
|---|---|---|
| (Attach supplemental sheets for additional entries, if necessary.) | ||
The undersigned further certifies that he, or the corporation, partnership, or syndicate of which he is a member will make return of and account for the tax, under section 4401 of the Internal Revenue Code, with respect to the laid-off wagers so accepted.
It is understood by the undersigned that this certificate is given for the purpose of enabling the person from whom the laid-off wagers were accepted to claim credit with respect to the tax due on such laid-off wagers or to claim credit or refund of the tax, if any, paid on such laid-off wagers.
It is further understood that the fraudulent use of this certificate will subject the undersigned and all guilty parties to a fine of not more than $10,000 or to imprisonment for not more than five years, or both, together with costs of prosecution.
(Signed)
(Date)
(Title)
(Owner, President Partner, Member, etc.)Cross-references
Computed from the citations in the text of 26 CFR.
Code sections it cites
Cited by 2 other regulations
Where it sits in 26 CFR
- Subchapter D Miscellaneous excise taxes
- Part 44 Taxes on wagering; effective january 1, 1955
- Subpart E Administrative Provisions of Special Application to the Taxes on Wagering
Nearby sections
- § 44.6107-1 Tax return preparer must furnish copy of return to taxpayer and must retain a copy or record.
- § 44.6109-1 Tax return preparers furnishing identifying numbers for returns or claims for refund.
- § 44.6151-1 Time and place for paying taxes.
- § 44.6419-1 Credit or refund generally.
- § 44.6419-2 Credit or refund on wagers laid off by taxpayer.
- § 44.6694-1 Section 6694 penalties applicable to tax return preparer.
- § 44.6694-2 Penalties for understatement due to an unreasonable position.
- § 44.6694-3 Penalty for understatement due to willful, reckless, or intentional conduct.
- § 44.6694-4 Extension of period of collection when preparer pays 15 percent of a penalty for understatement of taxpayer's liability and certain other procedural matters.