Page:United States Statutes at Large Volume 100 Part 3.djvu/930

 100 STAT. 2738

PUBLIC LAW 99-514—OCT. 22, 1986

"(b) WRITTEN STATEMENT.—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 information relating to such person required to be contained in such return. The written statement required under the preceding sentence shall be furnished to the person on or before January 31 of the year following the calendar year for which the return under subsection (a) was required to be made." (7) Subsection (b) of section 6050B is amended to read as follows: "(b) STATEMENTS TO B E FURNISHED TO INDIVIDUALS WITH RESPECT

To WHOM INFORMATION IS REQUIRED.—Every person required to

make a return under subsection (a) shall furnish to each individual whose name is required to be set forth in such return a written statement showing— "(1) the name and address of the person required to make such return, and "(2) the aggregate amount of payments to the individual required to be shown on such return. 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) was required to be made." (8) Subsection (b) of section 6050E is amended to read as follows: "(b) STATEMENTS TO B E FURNISHED TO INDIVIDUALS WITH RESPECT

To WHOM INFORMATION Is REQUIRED.—Every person required to

make a return under subsection (a) shall furnish to each individual whose name is required to be set forth in such return a written statement showing— "(1) the name of the State or political subdivision thereof, and "(2) the information required to be shown on the return with respect to refunds, credits, and offsets to the individual. The written statement required under the preceding sentence shall be furnished to the individual during January of the calendar year following the calendar year for which the return under subsection (a) was required to be made. No statement shall be required under this subsection with respect to any individual if it is determined (in the manner provided by regulations) that such individual did not claim itemized deductions under chapter 1 for the taxable year giving rise to the refund, credit, or offset." (9) Subsection (b) of section 6050F is amended to read as follows: "(b) STATEMENTS TO B E FURNISHED TO PERSONS WITH RESPECT TO WHOM INFORMATION IS REQUIRED.—Every person required to make a

return under subsection (a) shall furnish to each individual whose name is required to be set forth in such return a written statement showing— "(1) the name of the agency making the payments, and "(2) the aggregate amount of payments, of repayments, and of reductions, with respect to the individual required to be shown on such return. 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) was required to be made."

�