COMPUTATION OF TAX BY INTERNAL REVENUE SERVICE.

SEC. 942. COMPUTATION OF TAX BY INTERNAL REVENUE SERVICE. (a) In General.—The first sentence of section 6014(b) (relating to regulations; tax not computed by taxpayer) is amended to read as follows: “The Secretary or his delegate shall prescribe regulations for carrying out this section, and such regulations may provide for the application of the rules of this section— “(1) to cases where the gross income includes items other than those enumerated by subsection (a), “(2) to cases where the gross income from sources other than wages on which the tax has been withheld at the source is more than $100, 83 Stat. 727 “(3) to cases where the gross income is $10,000 or more, “(4) to cases where the taxpayer is entitled to the credit provided by section 37 (relating to retirement income credit), or “(5) to cases where the taxpayer does not elect the standard deduction.” (b) Effective Date.—The amendment made by subsection (a) shall apply to taxable years beginning after December 31, 1969.