26 USC 6050G - Returns relating to certain railroad retirement benefits

U.S Code last checked for updates: May 06, 2024

§ 6050G.

Returns relating to certain railroad retirement benefits

(a)

In general

The Railroad Retirement Board shall make a return, according to the forms and regulations prescribed by the Secretary, setting forth—

(1)

the aggregate amount of benefits paid under the Railroad Retirement Act of 1974 (other than tier 1 railroad retirement benefits, as defined in section 86(d)(4)) to any individual during any calendar year,

(2)

the employee contributions which are treated as having been paid for purposes of section 72(r),

(3)

the name and address of such individual, and

(4)

such other information as the Secretary may require.

(b)

Statements to be furnished to persons with respect to whom information is required

The Railroad Retirement Board shall furnish to each individual whose name is required to be set forth in the return under subsection (a) a written statement showing—

(1)

the aggregate amount of payments to such individual, and of employee contributions with respect thereto, required to be shown on the return, and

(2)

such other information as the Secretary may require.

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.

(Added Pub. L. 98–76, title II, § 224(b)(1), Aug. 12, 1983, 97 Stat. 422; amended Pub. L. 99–514, title XV, § 1501(c)(10), Oct. 22, 1986, 100 Stat. 2739; Pub. L. 115–141, div. U, title IV, § 401(b)(45), Mar. 23, 2018, 132 Stat. 1204.)

cite as: 26 USC 6050G