CHANGES IN REQUIREMENTS OF DECLARATION OF ESTIMATED INCOME TAX BY INDIVIDUALS.

SEC. 209. CHANGES IN REQUIREMENTS OF DECLARATION OF ESTIMATED INCOME TAX BY INDIVIDUALS. (a) General Rule—Section 6015(a) (relating to the requirement of declaration of estimated income tax by individuals) is amended to read as follows: “(a) Requirement of Declaration—Except as otherwise provided in this section, every individual shall make a declaration of his estimated tax for the taxable year if— “(1) the gross income for the taxable year can reasonably be expected to exceed— “(A) $20,000, in the case of— “(i) a single individual, including a head of a house-hold (as denned in section 2(b)) or a surviving spouse (as defined in section 2 (a)); or “(ii) a married individual entitled under subsection (b) to file a joint declaration with his spouse, but only if his spouse has not received wages (as defined in section 3401 (a)) for the taxable year; or “(B) $10,000, in the case of a married individual entitled under subsection (b) to file a joint declaration with his spouse, but only if both he and his spouse have received wages (as defined in section 3401(a)) for the taxable year; or “(C) $5,000, in the case of a married individual not entitled under subsection (b) to file a joint declaration with his spouse; or “(2) the gross income can reasonably be expected to include more than $500 from sources other than wages (as defined in section 3401(a)). Notwithstanding the provisions of this subsection, no declaration is required if the estimated tax (as defined in subsection (c)) can reasonably be expected to be less than $100.” (b) Effective Date—The amendment made by this section shall apply with respect to estimated tax for taxable years beginning after December 31, 1971.