### Question
How is the term excessive amount defined?


### Answer
The term **excessive amount** is defined in *26 U.S.C. § 6676* as the following:

> in the case of any person the amount by which the amount of the claim for refund or credit for any taxable year exceeds the amount of such claim allowable under this title for such taxable year

#### Citation:
  - *26 U.S.C. § 6676*
  - Heading: **Subtitle F-Procedure and Administration > CHAPTER 68-ADDITIONS TO THE TAX, ADDITIONAL AMOUNTS, AND ASSESSABLE PENALTIES > Subchapter B-Assessable Penalties > PART I-GENERAL PROVISIONS**

