Treasury Regulations · 26 CFR
§ 1.6050P-0. Table of contents.
Regulation text, no changes From the eCFR, current as of October 15, 2026. The eCFR is an authoritative but unofficial editorial compilation of the Code of Federal Regulations; the official text is the annual CFR on govinfo. Compare it with this section on ecfr.gov (external site) or the official annual CFR on govinfo (external site).
Regulation under 26 U.S.C. § 6050P
Cite as 26 CFR § 1.6050P-0
At a glance
Read from the text and its source citation. Not part of the regulation.
- Status
- In the current eCFR
- Issued
- January 4, 1996 by T.D. 8654
- Last amended
- September 17, 2009 by T.D. 9461
- Issued under
- 26 U.S.C. § 6050P
- Length
- 390 words · about 2 min to read
- Cross-references
- cites 2 Code sections and 2 regulations; cited by 0
This section lists the major captions that appear in §§ 1.6050P-1 and 1.6050P-2.
(a) Reporting requirement.
(1) In general.
(2) No aggregation.
(3) Amounts not includible in income.
(4) Time and place for reporting.
(i) In general.
(ii) Indebtedness discharged in bankruptcy.
(b) Date of discharge.
(1) In general.
(2) Identifiable events.
(i) In general.
(ii) Statute of limitations.
(iii) Decision to discontinue collection activity; creditor's defined policy.
(iv) Expiration of non-payment testing period.
(v) Special rule for certain entities required to file in a year prior to 2008.
(3) Permitted reporting.
(c) Indebtedness.
(d) Exceptions from reporting requirement.
(1) Certain bankruptcy discharges.
(i) In general.
(ii) Business or investment debt.
(2) Interest.
(3) Non-principal amounts in lending transactions.
(4) Indebtedness of foreign persons held by foreign branches of U.S. financial institutions.
(i) Reporting requirements.
(ii) Definition.
(5) Acquisition of indebtedness by related party.
(6) Releases.
(7) Guarantors and sureties.
(e) Additional rules.
(1) Multiple debtors.
(i) In general.
(ii) Amount to be reported.
(2) Multiple creditors.
(i) In general.
(ii) Partnerships.
(iii) Pass-through securitized indebtedness arrangement.
(A) Reporting requirements.
(B) Definition.
(iv) REMICs.
(v) No double reporting.
(3) Coordination with reporting under section 6050J.
(4) Direct or indirect subsidiary.
(5) Entity formed or availed of to hold indebtedness.
(6) Use of magnetic media.
(7) TIN solicitation requirement.
(i) In general.
(ii) Manner of soliciting TIN.
(8) Recordkeeping requirements.
(9) No multiple reporting.
(f) Requirement to furnish statement.
(1) In general.
(2) Furnishing copy of Form 1099-C.
(3) Time and place for furnishing statement.
(g) Penalties.
(h) Effective/applicability date.
§ 1.6050P-2 Organization a significant trade or business of which is the lending of money.(a) In general.
(b) Safe harbors.
(1) Organizations not subject to section 6050P in the previous calendar year.
(2) Organizations that were subject to section 6050P in the previous calendar year.
(3) No test year.
(c) Seller financing.
(d) Gross income from lending of money.
(e) Acquisition of an indebtedness from a person other than the debtor included in lending money.
(f) Test year.
(g) Predecessor organization.
(h) Examples.
(i) Effective date.
[T.D. 8654, 61 FR 268, Jan. 4, 1996, as amended by T.D. 9160, 69 FR 62185, Oct. 25, 2004; T.D. 9430, 73 FR 66540, Nov. 10, 2008; T.D. 9461, 74 FR 47728, Sept. 17, 2009]
Cross-references
Computed from the citations in the text of 26 CFR.
Code sections it cites
Regulations it cites
Amendment history
From the source citation at the end of the section, newest first. T.D. is a Treasury decision; FR is the Federal Register.
- Amended by T.D. 9461 (74 FR 47728)
- Amended by T.D. 9430 (73 FR 66540)
- Amended by T.D. 9160 (69 FR 62185)
- Issued by T.D. 8654 (61 FR 268)
Where it sits in 26 CFR
- Subchapter A Income tax
- Part 1 Income taxes
- Information returns
Nearby sections
- § 1.6050L-2 Information returns by donees relating to qualified intellectual property contributions.
- § 1.6050M-1 Information returns relating to persons receiving contracts from certain Federal executive agencies.
- § 1.6050N-1 Statements to recipients of royalties paid after December 31, 1986.
- § 1.6050N-2 Coordination with reporting rules for widely held fixed investment trusts under § 1.671-5.
- § 1.6050P-0 Table of contents.
- § 1.6050P-1 Information reporting for discharges of indebtedness by certain entities.
- § 1.6050P-2 Organization a significant trade or business of which is the lending of money.
- § 1.6050S-0 Table of contents.
- § 1.6050S-1 Information reporting for qualified tuition and related expenses.