---
kind: "section"
citation: "26 U.S.C. § 3124"
title: "26"
title_heading: "Internal Revenue Code"
number: "3124"
heading: "Estimate of revenue reduction"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/26/3124"
units:
  - "Subtitle C — Employment Taxes"
  - "Chapter 21 — Federal Insurance Contributions Act"
  - "Subchapter C — General Provisions"
---

# §3124. Estimate of revenue reduction


The Secretary at intervals of not longer than 3 years shall estimate the reduction in the amount of taxes collected under this chapter by reason of the operation of [section 3121(b)(9)](/usc/26/3121.md?p=b-9) and shall include such estimate in his annual report.


## Source credit

(Aug. 16, 1954, ch. 736, 68A Stat. 429; Sept. 1, 1954, ch. 1206, title II, § 205(b), 68 Stat. 1091; Pub. L. 94–455, title XIX, § 1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1834.)

## Notes

### Editorial Notes

### Amendments

1976—Pub. L. 94–455 struck out “or his delegate” after “Secretary”.

1954—Act Sept. 1, 1954, substituted “section 3121(b)(9)” for “section 3121(b)(10)”.