
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 26USC6521]

 
                     TITLE 26--INTERNAL REVENUE CODE
 
                Subtitle F--Procedure and Administration
 
                         CHAPTER 66--LIMITATIONS
 
       Subchapter C--Mitigation of Effect of Period of Limitations
 
Sec. 6521. Mitigation of effect of limitation in case of related 
        taxes under different chapters
        

(a) Self-employment tax and tax on wages

    In the case of the tax imposed by chapter 2 (relating to tax on 
self-employment income) and the tax imposed by section 3101 (relating to 
tax on employees under the Federal Insurance Contributions Act)--
        (1) If an amount is erroneously treated as self-employment 
    income, or if an amount is erroneously treated as wages, and
        (2) If the correction of the error would require an assessment 
    of one such tax and the refund or credit of the other tax, and
        (3) If at any time the correction of the error is authorized as 
    to one such tax but is prevented as to the other tax by any law or 
    rule of law (other than section 7122, relating to compromises),

then, if the correction authorized is made, the amount of the 
assessment, or the amount of the credit or refund, as the case may be, 
authorized as to the one tax shall be reduced by the amount of the 
credit or refund, or the amount of the assessment, as the case may be, 
which would be required with respect to such other tax for the 
correction of the error if such credit or refund, or such assessment, of 
such other tax were not prevented by any law or rule of law (other than 
section 7122, relating to compromises).

(b) Definitions

    For purposes of subsection (a), the terms ``self-employment income'' 
and ``wages'' shall have the same meaning as when used in section 
1402(b).

(Aug. 16, 1954, ch. 736, 68A Stat. 814.)

                       References in Text

    The Federal Insurance Contributions Act, referred to in subsec. (a), 
is act Aug. 16, 1954, ch. 736, Secs. 3101, 3102, 3111, 3112, 3121 to 
3128, 68A Stat. 415, as amended, which is classified generally to 
chapter 21 (Sec. 3101 et seq.) of this title. For complete 
classification of this Act to the Code, see section 3128 of this title 
and Tables.

                  Section Referred to in Other Sections

    This section is referred to in section 3509 of this title.
