PUBLIC LAW 97-34—AUG. 13, 1981
95 STAT. 345
has deposited in a government depositary under section 6302(c) for any period, over "(B) the aggregate amount such person has deposited in a government depositary under section 6302(c), for such period, on or before the date such return is filed. "(3) PENALTY NOT IMPOSED IN CERTAIN CASES.—The penalty under paragraph (1) shall not apply if it is shown that the excess described in paragraph (2) is due to reasonable cause and not due to willful neglect. "(4) PENALTY IN ADDITION TO OTHER PENALTIES.—The penalty under paragraph (1) shall be in addition to any other penalty provided by law." (b) CLERICAL AMENDMENTS.—
(1) The heading of section 6656 is amended by inserting "OR OVERSTATEMENT OF DEPOSITS" after "TAXES".
(2) The table of sections for subchapter A of chapter 68 is amended by striking out the item relating to section 6656 and inserting in lieu thereof the following: "Sec. 6656. Failure to make deposit of taxes or overstatement of deposits."
(3) The heading of subsection (a) of section 6656 is amended by striking out "PENALTY" and inserting in lieu thereof "UNDERPAYMENT OF DEPOSITS".
(4)(A) Section 5684 (relating to penalties relating to the pay- 26 USC 5684. ment and collection of liquor taxes) is amended by striking out subsection (b) and by redesignating subsections (c) and (d) as subsections (b) and (c), respectively. (B) Subsection (c) of section 5684, as redesignated by subparagraph (A), is amended by redesignating paragraphs (4) and (5) as paragraphs (5) and (6), respectively, and by inserting after paragraph (3) the following new paragraph: "(4) For penalty for failure to make deposits or for overstatement of deposits, see section 6656."
(5) Section 5761 (relating to civil penalties) is amended by 26 USC 5761. striking out subsections (c) and (d) and inserting in lieu thereof the following: "(c) APPLICABILITY OF SECTION 6659.—The penalty imposed by ^^te, p. 341. subsection (b) shall be assessed, collected, and paid in the same manner as taxes, as provided in section 6659(a). "(d) CROSS REFERENCES.— "For penalty for failure to make deposits or for overstatement of deposits, see section 6656."
(c) EFFECTIVE DATE.—The amendments made by this section shall 26 USC 6656 apply to returns filed after the date of the enactment of this Act. "°*® SEC. 725. DECLARATION OF ESTIMATED TAX NOT REQUIRED IN CERTAIN CASES. (a) GENERAL RULE.—Section 6015 (relating to declaration of esti- 26 USC 6015. mated tax by individuals) is amended by redesignating subsections (b) through (i) as subsections (c) through Q), respectively, and by inserting after subsection (a) the following new subsection: "(b) DECLARATION NOT REQUIRED IN CERTAIN CASES.—NO declaration shall be required under subsection (a) if the estimated tax (as defined in subsection (d)) is less than the amount determined in accordance with the following table:
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