30259

(a) Items stated in returns. — The Secretary is authorized to disregard, with respect to any amount required to be shown on a return and other related documents or schedules, any fractional part of a dollar when such amount consists of dollars and cents.(b) Applicability to computation and payment of the tax. — The provisions of subsection (a) shall apply to items which must be taken into account in making the computations necessary to determine the amounts required to be stated on the return and on the documents or schedules, as well as to the final resulting amounts and to the payment of the determined tax. History —Jan. 31, 2011, No. 1, § 1061.19, retroactive to Jan. 1, 2011.