Internal Revenue Code (Title 26 U.S.C.)

26 U.S.C. § 6032

Returns of banks with respect to common trust funds

Official textgovinfo.govlast amended

Every bank (as defined in section 581) maintaining a common trust fund shall make a return for each taxable year, stating specifically, with respect to such fund, the items of gross income and the deductions allowed by subtitle A, and shall include in the return the names and addresses of the participants who would be entitled to share in the taxable income if distributed and the amount of the proportionate share of each participant. The return shall be executed in the same manner as a return made by a corporation pursuant to the requirements of sections 6012 and 6062.

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Nearby sections (25 sections)
  1. 6012 · Persons required to make returns of income
  2. 6013 · Joint returns of income tax by husband and wife
  3. 6014 · Income tax return—tax not computed by taxpayer
  4. 6015 · Relief from joint and several liability on joint return
  5. 6016 · [§6016. Repealed. Pub. L. 90–364, title I, §103(a), June 28,…
  6. 6017 · Self-employment tax returns
  7. 6017A · [§6017A. Repealed. Pub. L. 101–239, title VII, §7711(b)(1),…
  8. 6018 · Estate tax returns
  9. 6019 · Gift tax returns
  10. 6020 · Returns prepared for or executed by Secretary
  11. 6021 · Listing by Secretary of taxable objects owned by nonresidents of…
  12. 6031 · Return of partnership income
  13. 6032 · Returns of banks with respect to common trust funds
  14. 6033 · Returns by exempt organizations
  15. 6034 · Returns by certain trusts
  16. 6034A · Information to beneficiaries of estates and trusts
  17. 6035 · Basis information to persons acquiring property from decedent
  18. 6036 · Notice of qualification as executor or receiver
  19. 6037 · Return of S corporation
  20. 6038 · Information reporting with respect to certain foreign…
  21. 6038A · Information with respect to certain foreign-owned corporations
  22. 6038B · Notice of certain transfers to foreign persons
  23. 6038C · Information with respect to foreign corporations engaged in…
  24. 6038D · Information with respect to foreign financial assets
  25. 6038E · Information with respect to assignment of lower rates or…
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