---
kind: "section"
citation: "26 U.S.C. § 6039J"
title: "26"
title_heading: "Internal Revenue Code"
number: "6039J"
heading: "Information reporting with respect to Commodity Credit Corporation transactions"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/26/6039J"
units:
  - "Subtitle F — Procedure and Administration"
  - "Chapter 61 — Information and Returns"
  - "Subchapter A — Returns and Records"
  - "Part III — Information Returns"
  - "Subpart A — Information Concerning Persons Subject to Special Provisions"
---

# §6039J. Information reporting with respect to Commodity Credit Corporation transactions

- (a) **Requirement of reporting—** The Commodity Credit [Corporation](/usc/26/7701.md?p=a-3), through the [Secretary](/usc/26/7701.md?p=a-11-B) of Agriculture, shall make a return, according to the forms and regulations prescribed by the [Secretary of the Treasury](/usc/26/7701.md?p=a-11-A), setting forth any market gain realized by a [taxpayer](/usc/26/7701.md?p=a-14) during the [taxable year](/usc/26/7701.md?p=a-23) in relation to the repayment of a loan issued by the Commodity Credit [Corporation](/usc/26/7701.md?p=a-3), without regard to the manner in which such loan was repaid.
- (b) **Statements to be furnished to persons with respect to whom information is required—** The [Secretary](/usc/26/7701.md?p=a-11-B) of Agriculture shall furnish to each [person](/usc/26/7701.md?p=a-1) whose name is required to be set forth in a return required under [subsection (a)](#a) a written statement showing the amount of market gain reported in such return.

## Source credit

(Added Pub. L. 110–234, title XV, § 15353(a), May 22, 2008, 122 Stat. 1526, and Pub. L. 110–246, § 4(a), title XV, § 15353(a), June 18, 2008, 122 Stat. 1664, 2288.)

## Notes

### Editorial Notes

### Codification

Pub. L. 110–234 and Pub. L. 110–246 enacted identical sections. Pub. L. 110–234 was repealed by section 4(a) of Pub. L. 110–246.

### Statutory Notes and Related Subsidiaries

### Effective Date

Enactment of this section and repeal of Pub. L. 110–234 by Pub. L. 110–246 effective May 22, 2008, the date of enactment of Pub. L. 110–234, except as otherwise provided, see section 4 of Pub. L. 110–246, set out as a note under section 8701 of Title 7, Agriculture.

Pub. L. 110–234, title XV, § 15353(c), May 22, 2008, 122 Stat. 1527, and Pub. L. 110–246, § 4(a), title XV, § 15353(c), June 18, 2008, 122 Stat. 1664, 2289, provided that: “The amendments made by this section [enacting this section] shall apply to loans repaid on or after January 1, 2007.”

[Pub. L. 110–234 and Pub. L. 110–246 enacted identical provisions. Pub. L. 110–234 was repealed by section 4(a) of Pub. L. 110–246, set out as a note under section 8701 of Title 7, Agriculture.]