§6049. Returns regarding payments of interest — Inbound Citations
26 U.S.C. § 6049
Cited by 21 provisions in release 119-102.
Citations to 26 U.S.C. § 6049 as a whole
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(1) If the taxpayer makes an election under this subsection—(B) market discount on any market discount bond shall be included in the gross income of the taxpayer for the taxable years to which it is attributable (as determined under the rules of subsection (b) of section 1276).
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(B) the agreement described in subsection (b) shall require such foreign financial institution to report such information with respect to each United States account maintained by such institution as such institution would be required to report under sections 6041, 6042, 6045, and 6049 if—(i) such institution were a United States person, and(ii) each holder of such account which is a specified United States person or United States owned foreign entity were a natural person and citizen of the United States.An election under this paragraph shall be made at such time, in such manner, and subject to such conditions as the Secretary may provide.
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(A) in the case of interest or any other amount of a kind reportable under section 6049, with respect to any account (whatever called) established before January 1, 1984, or with respect to any instrument acquired before January 1, 1984,
Citations to §6049(a)
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(i) section 6049(a) (relating to payments of interest),
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(a) All persons engaged in a trade or business and making payment in the course of such trade or business to another person, of rent, salaries, wages, premiums, annuities, compensations, remunerations, emoluments, or other fixed or determinable gains, profits, and income (other than payments to which section 6042(a)(1), 6044(a)(1), 6047(e), 6049(a), or 6050N(a) applies, and other than payments with respect to which a statement is required under the authority of section 6042(a)(2), 6044(a)(2), or 6045), of $2,000 or more in any calendar year, or, in the case of such payments made by the United States, the officers or employees of the United States having information as to such payments and required to make returns in regard thereto by the regulations hereinafter provided for, shall render a true and accurate return to the Secretary, under such regulations and in such form and manner and to such extent as may be prescribed by the Secretary, setting forth the amount of such gains, profits, and income (including a separate accounting of any such amounts reasonably designated as cash tips and the occupation described in section 224(d)(1) of the person receiving such tips and a separate accounting of any amount of qualified overtime compensation (as defined in section 225(c))), and the name and address of the recipient of such payment.
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(iv) section 6049(a) (relating to payments of interest),
Citations to §6049(b)(4)
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(B) except to the extent otherwise provided in regulations prescribed by the Secretary, to any person described in section 6049(b)(4).
Citations to §6049(b)(4)(A)
Citations to §6049(b)(4)(B)
Citations to §6049(b)(4)(C)
Citations to §6049(b)(4)(D)
Citations to §6049(b)(4)(E)
Citations to §6049(b)(4)(F)
Citations to §6049(c)
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(K) section 6049(c) (relating to returns regarding payments of interest),
Citations to §6049(d)(6)
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(7) To the extent provided in regulations, rules similar to the rules of paragraph (6) of section 6049(d) shall apply.