---
type: "LegalText"
title: "26 U.S.C. § 7504"
description: "Fractional parts of a dollar"
jurisdiction: "us"
corpus: "united_states_code"
kind: "code_section"
title_number: 26
title_name: "INTERNAL REVENUE CODE"
chapter_number: "77"
chapter_name: "MISCELLANEOUS PROVISIONS"
section: "7504"
citation: "26 U.S.C. § 7504"
status: "current"
release_point: "119-100"
release_date: "2026-06-26"
source: "official"
source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc26@119-100.zip"
source_identifier: "/us/usc/t26/s7504"
source_file: "data/legal/raw/us/code/title-26/usc26.xml"
source_hash: "5584f96e87cfc832b0fc11a323680e4e932bea52912bc66d804921aaaa6af8fd"
raw_snapshot_hash: "a261f094809116f42a96648a3d5eee80fa010379d67412551c21dd5c900b27f4"
text_hash: "8eeb092fbd64cfc5e5e2f96764510c2e3b93066d9e55ea2839c5cdeceb6fe903"
retrieved_at: "2026-07-04"
confidence: "official"
tags: ["legal", "us-code"]
---

# 26 U.S.C. § 7504 - Fractional parts of a dollar

## Text

The Secretary may by regulations provide that in the allowance of any amount as a credit or refund, or in the collection of any amount as a deficiency or underpayment, of any tax imposed by this title, a fractional part of a dollar shall be disregarded, unless it amounts to 50 cents or more, in which case it shall be increased to 1 dollar.

(Aug. 16, 1954, ch. 736, 68A Stat. 896; Pub. L. 94–455, title XIX, § 1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1834.)

## Notes

Editorial Notes

Amendments1976—Pub. L. 94–455 struck out “or his delegate” after “Secretary”.