# 26 U.S.C. § 6050A: Reporting requirements of certain fishing boat operators

Source: OLRC release point 119-134 <https://uscode.house.gov/us/usc/119-134/t26/s6050A>. Cite pinpoints as 26 U.S.C. § 6050A(a)(1).

## § 6050A(a) Reports

The operator of a boat on which one or more individuals, during a calendar year, perform services described in section 3121(b)(20) shall submit to the Secretary (at such time, and in such manner and form, as the Secretary shall by regulations prescribe) information respecting—

**§ 6050A(a)(1)** the identity of each individual performing such services;

**§ 6050A(a)(2)** the percentage of each such individual’s share of the catches of fish or other forms of aquatic animal life, and the percentage of the operator’s share of such catches;

**§ 6050A(a)(3)** if such individual receives his share in kind, the type and weight of such share, together with such other information as the Secretary may prescribe by regulations reasonably necessary to determine the value of such share;

**§ 6050A(a)(4)** if such individual receives a share of the proceeds of such catches, the amount so received; and

**§ 6050A(a)(5)** any cash remuneration described in section 3121(b)(20)(A).

## § 6050A(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.

## Regulations

- [Treas. Reg. § 1.6050A-1](/26/reg/1.6050A-1.md): Reporting requirements of certain fishing boat operators. (interprets § 6050A)
- [Treas. Reg. § 301.6050A-1](/26/reg/301.6050A-1.md): Information returns regarding services performed by certain crewmen on fishing boats. (interprets § 6050A)

## Final rules

- [79 FR 41127](https://www.federalregister.gov/documents/2014/07/15/2014-16464/irs-truncated-taxpayer-identification-numbers) (2014): IRS Truncated Taxpayer Identification Numbers
- [65 FR 50405](https://www.federalregister.gov/documents/2000/08/18/00-20851/extension-of-due-date-for-electronically-filed-information-returns-limitation-of-failure-to-pay) (2000): Extension of Due Date for Electronically Filed Information Returns; Limitation of Failure To Pay Penalty for Individuals During Period of Installment Agreement
- [62 FR 53387](https://www.federalregister.gov/documents/1997/10/14/97-25998/general-revision-of-regulations-relating-to-withholding-of-tax-on-certain-us-source-income-paid-to) (1997): General Revision of Regulations Relating to Withholding of Tax on Certain U.S. Source Income Paid to Foreign Persons and Related Collection, Refunds, and Credits; Revision of Information Reporting and Backup Withholding Regulations; and Removal of Regulations Under Part 35a and of Certain Regulations Under Income Tax Treaties

## Leading cases

- [Anderson v. Commissioner, 123 T.C. 219 (2004)](https://www.courtlistener.com/opinion/4696895/anderson-v-commr/)

## Connections

Cites: § 3121 Definitions

Cited by: § 3406 Backup withholding; § 6724 Waiver; definitions and special rules

## Amendments

- 1976-10-04: [Pub. L. 94-455](/26/act/94-455.md), 90 Stat. 1707
- 1986-10-22: [Pub. L. 99-514](/26/act/99-514.md), 100 Stat. 2737
- 1996-08-20: [Pub. L. 104-188](/26/act/104-188.md), 110 Stat. 1762