26 USC § 6050N - Returns regarding payments of royalties

---
identifier: "/us/usc/t26/s6050N"
source: "usc"
legal_status: "official_prima_facie"
title: "26 USC § 6050N - Returns regarding payments of royalties"
title_number: 26
title_name: "INTERNAL REVENUE CODE"
section_number: "6050N"
section_name: "Returns regarding payments of royalties"
chapter_number: 61
chapter_name: "INFORMATION AND RETURNS"
subchapter_number: "A"
subchapter_name: "Returns and Records"
part_number: "III"
part_name: "INFORMATION RETURNS"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
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.)"
---


# § 6050N. Returns regarding payments of royalties

**(a)** **Requirement of reporting** Every person—

shall make a return according to the forms or regulations prescribed by the Secretary, setting forth the aggregate amount of such payments and the name and address of the person to whom paid.

**(1)** who makes payments of royalties (or similar amounts) aggregating $10 or more to any other person 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 with respect to the royalties (or similar amounts) so received,

**(b)** **Statements to be furnished to persons with respect to whom information is furnished** Every person required to make a return under subsection (a) shall furnish to each person whose name is required to be set forth in such return a written statement showing—

The written statement required under the preceding sentence shall be furnished (either in person or in a statement mailing by first-class mail which includes adequate notice that the statement is enclosed) to the person on or before January 31 of the year following the calendar year for which the return under subsection (a) was made and shall be in such form as the Secretary may prescribe by regulations.

**(1)** the name, address, and phone number of the information contact of the person required to make such return, and

**(2)** the aggregate amount of payments to the person required to be shown on such return.

**(c)** **Exception for payments to certain persons** Except to the extent otherwise provided in regulations, this section shall not apply to any amount paid to a person described in subparagraph (A), (B), (C), (D), (E), or (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.)

## Editorial Notes

### Amendments

1996—Subsec. (b)(1).  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  applicable to statements required to be furnished after  (determined without regard to any extension), see , set out as a note under .

### Effective Date

> “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
> 
> .”

, , , provided that: