31 C.F.R. · Money and Finance: Treasury
31 C.F.R. § 256.51

Does Fiscal Service report Judgment Fund payments to the IRS as income to the payee on IRS Form 1099?

Title 31 C.F.R. ● ACTIVE Primary Source
Regulatory Text

31 C.F.R. § 256.51 — Does Fiscal Service report Judgment Fund payments to the IRS as income to the payee on IRS Form 1099?

§ 256.51 Does Fiscal Service report Judgment Fund payments to the IRS as income to the payee on IRS Form 1099? No, Fiscal Service does not report Judgment Fund payments as potential taxable income to the IRS. Fiscal Service does not have sufficient information about the payment to determine if a Form 1099 must be issued or to prepare such a form when required. To the extent any Form 1099 needs to be issued, it is the responsibility of the agency submitting the payment request to do so.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
Root-LD Entity Data
◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-CFR31-SEC-A1FCF1
Entity Class
REGULATION / FEDERAL-CFR-SECTION
Domain Signature
boisestandard.org
Citation
31 C.F.R. § 256.51
Corpus
CFR — Code of Federal Regulations
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
d2cba424989a0ae2...
Semantic Edges
Pending — corpus passes queued
The regulatory text of 31 C.F.R. § 256.51 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
Navigate Corpus — Title 31 C.F.R.
◈ Provenance
boisestandard.org United States Law CFR Title 31 31 C.F.R. § 256.51