HR 3856
114th Congress
House
Taxation
Tax administration and collection, taxpayers
Information Reporting Simplification Act of 2015
Introduced: October 28, 2015
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 28, 2015
Referred to the House Committee on Ways and Means.
Oct 28, 2015
Introduced in House
Plain-English summary
Information Reporting Simplification Act of 2015
This bill amends the Internal Revenue Code, with respect to penalties for filing erroneous tax returns, to set forth a safe harbor rule for errors on tax information returns and payee statements. If any such return or statement has one or more incorrect dollar amounts, but no single amount in error differs from the correct amount by more than $100, and no single amount reported for tax withheld on any information return differs from the correct amount by more than $25, then no correction shall be required and such return or statement shall be treated as having been filed with all of the correct required information.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1