Par. 2. Section 1.6045-0 is amended by, in the table of contents for § 1.6045-1: 1. Adding entries for paragraphs (k)(3)(i) through (iv); 2. Removing and reserving the entry for paragraph (k)(4); and 3. Adding entries for paragraphs (k)(5) through (7). The revisions and additions read as follows:
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§ 1.6045-1 Returns of information of brokers and barter exchanges.
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(k) * * *
(3) * * *
(i) In general.
(ii) Due date for furnishing consolidated reporting statements.
(iii) Electronic furnishing of consolidated reporting statements.
(iv) Examples.
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(5) Electronic furnishing of 1099-DA statements.
(i) In general.
(ii) Qualified electronic delivery method.
(A) Posted to an electronically accessible specified location.
( 1 ) In general.
( 2 ) Undeliverable address.
( 3 ) Corrected 1099-DA statement.
( 4 ) Required information for notices.
(B) Direct transmittal.
( 1 ) In general.
( 2 ) Undeliverable address.
( 3 ) Corrected 1099-DA statement.
( 4 ) Required information for emails and notices.
(C) Additional communication method.
(iii) Consent.
(A) In general.
(B) Change in hardware or software requirements.
(C) Disclosure statement.
( 1 ) Scope of consent.
( 2 ) Hardware and software requirements.
( 3 ) Qualified electronic delivery method.
( 4 ) Notification method.
( 5 ) Consequences of non-consent.
( 6 ) Withdrawal of consent.
( 7 ) Further information.
(D) Examples.
(iv) Continuing disclosures.
(A) In general.
(B) Updating information.
(C) Broker information.
(D) Additional communication methods for requested notices.
(E) Access procedures for statements posted to an electronically accessible specified location.
(v) Format.
(vi) Access period for statements posted to an electronically accessible specified location.
(vii) Example of rules for electronic furnishing of consolidated reporting statements.
(6) Applicability date.
(7) Cross-reference to penalty.
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