; or (ii) the date which is 120 days after the date described in subparagraph (A). (4) Qualified coronavirus disaster zone The term qualified coronavirus disaster zone means any State or geographic area for which an emergency with respect to COVID–19 has been declared by a Federal, State, or local authority. (d) Other rules (1) Refundability of excess credit (A) In general If the amount of the credit under subsection (a) exceeds the tax imposed by section 3111(a) of the Internal Revenue Code of 1986 or section 3221(a) of such Code for any calendar quarter, such excess shall be treated as an overpayment that shall be refunded under sections 6402(a) and 6413(b) of such Code. (B) Treatment of payments For purposes of section 1324 of title 31, United States Code, any amounts due to an employer under this subsection shall be treated in the same manner as a refund due from a credit provision referred to in subsection (b)(2) of such section. (2) Treatment of deposits The Secretary of the Treasury (or the Secretary's delegate) shall waive any penalty under section 6656 of the Internal Revenue Code of 1986 for any failure to make a deposit of the tax imposed by section 3111(a) of such Code or section 3221(a) of such Code if the Secretary determines that such failure was due to the anticipation of the credit allowed under this section. (3) Application of other rules For purposes of this section, rules similar to the rules of sections 51(i)(1), 52, and 280C(a), of the Internal Revenue Code of 1986, shall apply. (4) Employee not taken into account more than once An employee shall not be treated as an eligible employee for purposes of this section for any period with respect to any employer if such employer is allowed a credit under section 51 of the Internal Revenue Code of 1986 with respect to such employee for such period. (e) Trust funds held harmless There are hereby appropriated (out of any money in the Treasury not otherwise appropriated) for each fiscal year to the Federal Old-Age and Survivors Insurance Trust Fund