---
kind: "section"
citation: "26 U.S.C. § 6050U"
title: "26"
title_heading: "Internal Revenue Code"
number: "6050U"
heading: "Charges or payments for qualified long-term care insurance contracts under combined arrangements"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/26/6050U"
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"
---

# §6050U. Charges or payments for qualified long-term care insurance contracts under combined arrangements

- (a) **Requirement of reporting—** Any [person](/usc/26/7701.md?p=a-1) who makes a charge against the cash value of an annuity [contract](/usc/26/101.md?p=f-3-A), or the cash surrender value of a [life insurance contract](/usc/26/7702.md?p=a), which is excludible from gross income under [section 72(e)(11)](/usc/26/72.md?p=e-11) shall make a return, according to the forms or regulations prescribed by the [Secretary](/usc/26/7701.md?p=a-11-B), setting forth—
  - (1) the amount of the aggregate of such charges against each such [contract](/usc/26/101.md?p=f-3-A) for the calendar year,
  - (2) the amount of the reduction in the investment in each such [contract](/usc/26/101.md?p=f-3-A) by reason of such charges, and
  - (3) the name, address, and [TIN](/usc/26/7701.md?p=a-41) of the individual who is the holder of each such [contract](/usc/26/101.md?p=f-3-A).
- (b) **Statements to be furnished to persons with respect to whom information is required—** Every [person](/usc/26/7701.md?p=a-1) required to make a return under [subsection (a)](#a) shall furnish to each individual 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) making the payments, and
  - (2) the information required to be shown on the return with respect to such individual.

  The written statement required under the preceding sentence shall be furnished to the individual on or before January 31 of the year following the calendar year for which the return under [subsection (a)](#a) was required to be made.


## Source credit

(Added Pub. L. 109–280, title VIII, § 844(d)(1), Aug. 17, 2006, 120 Stat. 1012.)

## Notes

### Statutory Notes and Related Subsidiaries

### Effective Date

Section applicable to contracts issued after Dec. 31, 1996, but only with respect to taxable years beginning after Dec. 31, 2009, and to charges made after Dec. 31, 2009, see section 844(g)(1), (3) of Pub. L. 109–280, set out as an Effective Date of 2006 Amendment note under section 72 of this title.