US Lawyer Database

Section 206.813 – Election to Pay Flow-Through Entity Tax; Irrevocable; Timing.

206.813 Election to pay flow-through entity tax; irrevocable; timing. Sec. 813. For tax years beginning on and after January 1, 2021, a flow-through entity may, in a form and manner as prescribed by the department, elect to file a return and pay the tax imposed by this part. Except as otherwise provided under this section, […]

Section 206.831 – Estimated Payments and Quarterly Returns.

206.831 Estimated payments and quarterly returns. Sec. 831. (1) Except as otherwise provided under this section, a taxpayer that reasonably expects liability for the tax year to exceed $800.00 shall file an estimated return and pay an estimated tax for each quarter of the taxpayer’s tax year in the same manner as provided in section […]

Section 206.837 – Added Interest; Exception for 2021 Refunds.

206.837 Added interest; exception for 2021 refunds. Sec. 837. For tax years ending in 2021 only, if a taxpayer elects to pay the tax under section 813 for the tax year ending in 2021 and the annual return filed under this part for that tax year results in a refund, that refund is not subject […]

Section 206.723 – Partnership Level Audits; Administrative Adjustment Requests; Reporting Requirements; State Partnership Representative; Irrevocable Election to Pay Tax; Reporting to Partners; Alternative Reporting and Payment Methods; Credit or Refund of Overpayment; Rules.

206.723 Partnership level audits; administrative adjustment requests; reporting requirements; state partnership representative; irrevocable election to pay tax; reporting to partners; alternative reporting and payment methods; credit or refund of overpayment; rules. Sec. 723. (1) Except for adjustments required to be reported for federal purposes by taking those adjustments into account in the partnership return for […]