(a) Any person who credits or makes payments of fifty dollars ($50) or more for interest as described in § 30084 or 30085 of this title to any individual and is required under § 30279 of this title to withhold taxes on the payment of such interest, shall file a return in accordance with the forms and regulations prescribed by the Secretary, specifying the total amount of interest paid or credited, the tax deducted and withheld, and the name, address, social security number or employer identification number issued by the Internal Revenue Service, and account number, if granted, of the person to whom the payment was made, or the tax withheld. Said return shall be filed on or before February 28th of the year following the calendar year in which the interest was paid or credited.(b) Reports to recipients.—(1) In general.— Every person who files a return under subsection (a) shall furnish a written statement to every individual included in said return stating:(A) The name, address, and account number of the payer of the interest;(B) the name, account number, and address of the recipient of the interest;(C) the amount of interest paid or credited to the individual included in the

nd account number of the payer of the interest;(B) the name, account number, and address of the recipient of the interest;(C) the amount of interest paid or credited to the individual included in the return, and(D) the amount of tax deducted and withheld from such individual under § 30279 of this title.(2) Date of statement.— The written statement, required by clause (1) of this subsection shall be furnished to the individual on or before February 28 of the year following the calendar year for which the return referred to in subsection (a) was filed. A duplicate of said statement shall be filed with the Secretary. History —Jan. 31, 2011, No. 1, § 1063.03, retroactive to Jan. 1, 2011; Dec. 10, 2011, No. 232, § 76.