---
kind: "section"
citation: "26 U.S.C. § 6050N"
title: "26"
title_heading: "Internal Revenue Code"
number: "6050N"
heading: "Returns regarding payments of royalties"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/26/6050N"
units:
  - "Subtitle F — Procedure and Administration"
  - "Chapter 61 — Information and Returns"
  - "Subchapter A — Returns and Records"
  - "Part III — Information Returns"
  - "Subpart B — Information Concerning Transactions With Other Persons"
---

# §6050N. Returns regarding payments of royalties

- (a) **Requirement of reporting—** Every [person](/usc/26/7701.md?p=a-1)—
  - (1) who makes payments of royalties (or similar amounts) aggregating $10 or more to any other [person](/usc/26/7701.md?p=a-1) during any calendar year, or
  - (2) who receives payments of royalties (or similar amounts) as a nominee and who makes payments aggregating $10 or more during any calendar year to any other [person](/usc/26/7701.md?p=a-1) with respect to the royalties (or similar amounts) so received,

  shall make a return according to the forms or regulations prescribed by the [Secretary](/usc/26/7701.md?p=a-11-B), setting forth the aggregate amount of such payments and the name and address of the [person](/usc/26/7701.md?p=a-1) to whom paid.

- (b) **Statements to be furnished to persons with respect to whom information is furnished—** Every [person](/usc/26/7701.md?p=a-1) required to make a return under [subsection (a)](#a) shall furnish to each [person](/usc/26/7701.md?p=a-1) whose name is required to be set forth in such return a written statement showing—
  - (1) the name, address, and phone number of the information contact of the [person](/usc/26/7701.md?p=a-1) required to make such return, and
  - (2) the aggregate amount of payments to the [person](/usc/26/7701.md?p=a-1) required to be shown on such return.

  The written statement required under the preceding sentence shall be furnished (either in [person](/usc/26/7701.md?p=a-1) or in a statement mailing by first-class mail which [includes](/usc/26/7701.md?p=c) adequate notice that the statement is enclosed) to the [person](/usc/26/7701.md?p=a-1) on or before January 31 of the year following the calendar year for which the return under [subsection (a)](#a) was made and shall be in such form as the [Secretary](/usc/26/7701.md?p=a-11-B) may prescribe by regulations.

- (c) **Exception for payments to certain persons—** Except to the extent otherwise provided in regulations, this section shall not apply to any [amount paid](/usc/26/7702A.md?p=e-1-A) to a [person](/usc/26/7701.md?p=a-1) described in subparagraph [(A)](/usc/26/6049.md?p=b-4-A), [(B)](/usc/26/6049.md?p=b-4-B), [(C)](/usc/26/6049.md?p=b-4-C), [(D)](/usc/26/6049.md?p=b-4-D), [(E)](/usc/26/6049.md?p=b-4-E), or [(F)](/usc/26/6049.md?p=b-4-F) of section 6049(b)(4).

## Source credit

(Added Pub. L. 99–514, title XV, § 1523(a), Oct. 22, 1986, 100 Stat. 2747; amended Pub. L. 104–168, title XII, § 1201(a)(12), July 30, 1996, 110 Stat. 1470.)

## Notes

### Editorial Notes

### Amendments

1996—Subsec. (b)(1). Pub. L. 104–168 substituted “name, address, and phone number of the information contact” for “name and address”.

### Statutory Notes and Related Subsidiaries

### Effective Date of 1996 Amendment

Amendment by Pub. L. 104–168 applicable to statements required to be furnished after Dec. 31, 1996 (determined without regard to any extension), see section 1201(b) of Pub. L. 104–168, set out as a note under section 6041 of this title.

### Effective Date

Pub. L. 99–514, title XV, § 1523(d), Oct. 22, 1986, 100 Stat. 2749, provided that: “The amendments made by this section [enacting this section and amending sections 3406, 6041, and 6676 of this title] shall apply with respect to payments made after December 31, 1986.”