4942x May 2026

Foundations are subject to a 30 percent excise tax on "undistributed income" that isn't paid out by the first day of the second year following the taxable year.

It imposes an excise tax on foundations that fail to distribute a minimum amount of income for charitable purposes. Foundations are subject to a 30 percent excise

In medical contexts, (often part of a set with 494XA and 494XB) is a code used for managing peritoneal shunts . Foundations are subject to a 30 percent excise