Treasury Regulations (26 C.F.R.)
26 CFR § 1.6050H-0
Table of contents.
This section lists the major captions that appear in §§ 1.6050H-1 and 1.6050H-2.
(a) Information reporting requirement.
(1) Overview.
(2) Reporting requirement.
(3) Optional reporting.
(b) Qualified mortgage.
(1) In general.
(2) Mortgage.
(i) In general.
(ii) Transitional rule for certain obligations existing on December 31, 1984.
(iii) Transitional rule for certain obligations existing on December 31, 1987.
(3) Payor of record.
(4) Lender of record.
(c) Interest recipient.
(1) Trade or business requirement.
(2) Interest received or collected on behalf of another person.
(i) General rule.
(ii) Exception.
(3) Interest received in the form of points.
(i) In general.
(ii) If designation agreement is in effect.
(4) Governmental unit.
(5) Examples.
(d) Additional rules.
(1) Reporting by foreign person.
(2) Reporting with respect to nonresident alien individual.
(i) In general.
(ii) Nonresident alien individual status.
(3) Reporting by cooperative housing corporations.
(e) Amount of interest received on mortgage for calendar year.
(1) In general.
(2) Calendar year.
(i) In general.
(ii) De minimis rule.
(iii) Applicability to points.
(3) Certain interest not received on mortgage.
(i) Interest received from seller on payor of record's mortgage.
(ii) Interest received from governmental unit.
(4) Interest calculated under Rule of 78s method of accounting.
(f) Points treated as interest.
(1) General rule.
(2) Limitations.
(3) Special rule.
(i) Amounts paid directly by payor of record.
(ii) Examples.
(4) Construction loans.
(i) In general.
(ii) Limitation on refinancing of construction loans.
(5) Amounts paid to mortgage brokers.
(6) Effect on deduction of points.
(g) Effective date.
(1) In general.
(2) Points.
(a) Requirement to file return.
(1) Form of return.
(2) Information included on return.
(3) Reimbursements of interest on a qualified mortgage.
(4) Time and place for filing return.
(5) Use of magnetic media.
(b) Requirement to furnish statement.
(1) In general.
(2) Information included on statement.
(3) Statement furnished pursuant to Federal mortgage program.
(4) Copy of Form 1098 to payor of record.
(5) Furnishing statement with other information reports.
(6) Time and place for furnishing statement.
(c) Notice requirement for use of Rule of 78s method of accounting.
(1) In general.
(2) Time and manner.
(d) Reporting under designation agreement.
(1) In general.
(2) Qualified person.
(3) Designation agreement.
(4) Penalties.
(e) Penalty provisions.
(1) Returns and statements the due date for which (determined without regard for extensions) is after December 31, 1987, and before December 31, 1989.
(i) Failure to file return or to furnish statement.
(ii) Failure to furnish TIN.
(iii) Failure to include correct information.
(2) Returns and statements the due date for which (determined without regard for extensions) is after December 31, 1989.
(i) Failure to file return or to furnish statement.
(ii) Failure to furnish TIN.
(iii) Failure to include correct information.
(f) Requirement to request and to obtain TIN.
(1) In general.
(2) Manner of requesting TIN.
(g) Effective date.
(1) In general.
(2) Points.
[T.D. 8571, 59 FR 63250, Dec. 8, 1994]
Source: view the official text
In this part (40 sections)
- 1.6046A-1 · Return requirement for United States persons who acquire or…
- 1.6046-2 · Returns as to foreign corporations which are created or…
- 1.6046-3 · Returns as to formation or reorganization of foreign…
- 1.6047-1 · Information to be furnished with regard to employee…
- 1.6047-2 · Information relating to qualifying longevity annuity…
- 1.6049-1 · Returns of information as to interest paid in calendar years…
- 1.6049-2 · Interest and original issue discount subject to reporting in…
- 1.6049-3 · Statements to recipients of interest payments and holders of…
- 1.6049-4 · Return of information as to interest paid and original issue…
- 1.6049-5 · Interest and original issue discount subject to reporting…
- 1.6049(d)-5T · (d)-5T Reporting by brokers of interest and original…
- 1.6049-6 · Statements to recipients of interest payments and holders of…
- 1.6049-7 · Returns of information with respect to REMIC regular…
- 1.6049-8 · Interest and original issue discount paid to certain…
- 1.6049-9 · Premium subject to reporting for a debt instrument acquired…
- 1.6049-10 · Reporting of original issue discount on a tax-exempt…
- 1.6050A-1 · Reporting requirements of certain fishing boat operators.
- 1.6050B-1 · Information returns by person making unemployment…
- 1.6050D-1 · Information returns relating to energy grants and financing.
- 1.6050E-1 · Reporting of State and local income tax refunds.
- 1.6050H-0 · Table of contents.
- 1.6050H-1 · Information reporting of mortgage interest received in a…
- 1.6050H-2 · Time, form, and manner of reporting interest received on…
- 1.6050H-3 · Information reporting of mortgage insurance premiums.
- 1.6050I-0 · Table of contents.
- 1.6050I-1 · Returns relating to cash in excess of $10,000 received in a…
- 1.6050I-2 · Returns relating to cash in excess of $10,000 received as…
- 1.6050J-1T · Questions and answers concerning information returns…
- 1.6050K-1 · Returns relating to sales or exchanges of certain…
- 1.6050L-1 · Information return by donees relating to certain…
- 1.6050L-2 · Information returns by donees relating to qualified…
- 1.6050M-1 · Information returns relating to persons receiving contracts…
- 1.6050N-1 · Statements to recipients of royalties paid after December…
- 1.6050N-2 · Coordination with reporting rules for widely held fixed…
- 1.6050P-0 · Table of contents.
- 1.6050P-1 · Information reporting for discharges of indebtedness by…
- 1.6050P-2 · Organization a significant trade or business of which is…
- 1.6050S-0 · Table of contents.
- 1.6050S-1 · Information reporting for qualified tuition and related…
- 1.6050S-2 · Information reporting for payments and reimbursements or…