Collapse to view only § 6011. General requirement of return, statement, or list
§ 6011. General requirement of return, statement, or list
(a) General rule
(b) Identification of taxpayer
(c) Returns, etc., of DISCS and former DISCS and former FSC’s
(1) Records and information
A DISC, former DISC, or former FSC (as defined in section 922 as in effect before its repeal by the FSC Repeal and Extraterritorial Income Exclusion Act of 2000) shall for the taxable year—
(A) furnish such information to persons who were shareholders at any time during such taxable year, and to the Secretary, and
(B) keep such records, as may be required by regulations prescribed by the Secretary.
(2) Returns
(d) Authority to require information concerning section 912 allowances
(e) Regulations requiring returns on magnetic media, etc.
(1) In general
(2) Requirements of regulations
In prescribing regulations under paragraph (1), the Secretary—
(A) shall not require any person to file returns on magnetic media unless such person is required to file at least the applicable number of returns during the calendar year, and
(B) shall take into account (among other relevant factors) the ability of the taxpayer to comply at reasonable cost with the requirements of such regulations.
(3) Special rule for tax return preparers
(A) In general
The Secretary shall require that any individual income tax return prepared by a tax return preparer be filed on magnetic media if—
(i) such return is filed by such tax return preparer, and
(ii) such tax return preparer is a specified tax return preparer for the calendar year during which such return is filed.
(B) Specified tax return preparer
(C) Individual income tax return
(D) Exception for certain preparers located in areas without internet access
(4) Special rule for returns filed by financial institutions with respect to withholding on foreign transfers
(5) Applicable number
(A) In general
For purposes of paragraph (2)(A), the applicable number shall be—
(i) except as provided in subparagraph (B), in the case of calendar years before 2021, 250,
(ii) in the case of calendar year 2021, 100, and
(iii) in the case of calendar years after 2021, 10.
(B) Special rule for partnerships for 2018, 2019, 2020, and 2021
In the case of a partnership, for any calendar year before 2022, the applicable number shall be—
(i) in the case of calendar year 2018, 200,
(ii) in the case of calendar year 2019, 150,
(iii) in the case of calendar year 2020, 100, and
(iv) in the case of calendar year 2021, 50.
(6)1
1 So in original. There are two pars. designated (6).
Partnerships required to file on magnetic media(6)1 Application of numerical limitation to returns relating to deferred compensation plans
(f) Promotion of electronic filing
(1) In general
(2) Incentives
(g) Disclosure of reportable transaction to tax-exempt entity
(h) Mandatory e-filing of unrelated business income tax return
(i) Income, estate, and gift taxes
(Aug. 16, 1954, ch. 736, 68A Stat. 732; Pub. L. 85–859, title I, § 161, Sept. 2, 1958, 72 Stat. 1305; Pub. L. 88–563, § 3(a), Sept. 2, 1964, 78 Stat. 843; Pub. L. 89–44, title I, § 101(b)(6), June 21, 1965, 79 Stat. 136; Pub. L. 90–59, § 4(b), July 31, 1967, 81 Stat. 154; Pub. L. 91–128, § 4 (f), (g), Nov. 26, 1969, 83 Stat. 267; Pub. L. 92–178, title V, § 504(a), Dec. 10, 1971, 85 Stat. 550; Pub. L. 94–455, title XIX, §§ 1904(b)(10)(A)(ii), 1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1817, 1834; Pub. L. 95–615, § 207(c), Nov. 8, 1978, 92 Stat. 3108; Pub. L. 97–248, title III, § 319, Sept. 3, 1982, 96 Stat. 610; Pub. L. 98–67, title I, § 109(a), Aug. 5, 1983, 97 Stat. 383; Pub. L. 98–369, div. A, title VIII, § 801(d)(12), July 18, 1984, 98 Stat. 997; Pub. L. 99–514, title XVIII, § 1899A(52), Oct. 22, 1986, 100 Stat. 2961; Pub. L. 100–647, title I, § 1015(q)(1), Nov. 10, 1988, 102 Stat. 3572; Pub. L. 101–239, title VII, § 7713(a), Dec. 19, 1989, 103 Stat. 2394; Pub. L. 105–34, title XII, § 1224, Aug. 5, 1997, 111 Stat. 1019; Pub. L. 105–206, title II, § 2001(c), July 22, 1998, 112 Stat. 723; Pub. L. 109–222, title V, § 516(b)(2), May 17, 2006, 120 Stat. 371; Pub. L. 110–172, § 11(g)(19), Dec. 29, 2007, 121 Stat. 2491; Pub. L. 111–92, § 17(a), (b), Nov. 6, 2009, 123 Stat. 2996; Pub. L. 111–147, title V, § 522(a), Mar. 18, 2010, 124 Stat. 112; Pub. L. 113–295, div. A, title II, § 220(t), Dec. 19, 2014, 128 Stat. 4036; Pub. L. 115–141, div. U, title III, § 301(a), Mar. 23, 2018, 132 Stat. 1183; Pub. L. 116–25, title II, § 2301(a)–(c), title III, § 3101(b)(2), July 1, 2019, 133 Stat. 1012, 1013, 1015; Pub. L. 116–94, div. O, title II, § 202(d)(1), Dec. 20, 2019, 133 Stat. 3163.)