### Question
What does payee statement mean?


### Answer
**Payee statement** has the following meaning in *26 U.S.C. § 6724*:

> any statement required to be furnished under—


(A) section 6031(b) or (c), 6034A, or 6037(b) (relating to statements furnished by certain pass-thru entities),


(B) section 6039(a) (relating to information required in connection with certain options),


(C) section 6041(d) (relating to information at source),


(D) section 6041A(e) (relating to returns regarding payments of remuneration for services and direct sales),


(E) section 6042(c) (relating to returns regarding payments of dividends and corporate earnings and profits),


(F) section 6044(e) (relating to returns regarding payments of patronage dividends),


(G) section 6045(b) or (d) (relating to returns of brokers),


(H) section 6049(c) (relating to returns regarding payments of interest),


(I) section 6050A(b) (relating to reporting requirements of certain fishing boat operators),


(J) section 6050H(d) relating to returns relating to mortgage interest received in trade or business from individuals),


(K) section 6050I(e) or paragraph (4) or (5) of section 6050I(g) (relating to cash received in trade or business, etc.),


(L) section 6050J(e) (relating to returns relating to foreclosures and abandonments of security),


(M) section 6050K(b) (relating to returns relating to exchanges of certain partnership interests),


(N) section 6050L(c) (relating to returns relating to certain dispositions of donated property),


(O) section 6050N(b) (relating to returns regarding payments of royalties),


(P) section 6050P(d) (relating to returns relating to the cancellation of indebtedness by certain financial entities),


(Q) section 6051 (relating to receipts for employees),


(R) section 6052(b) (relating to returns regarding payment of wages in the form of group-term life insurance),


(S) section 6053(b) or (c) (relating to reports of tips), or


(T) section 4093(c)(4)(B) (relating to certain purchasers of diesel and aviation fuels)

#### Citation:
  - *26 U.S.C. § 6724*
  - Heading: **Subtitle F-Procedure and Administration > CHAPTER 68-ADDITIONS TO THE TAX, ADDITIONAL AMOUNTS, AND ASSESSABLE PENALTIES > Subchapter B-Assessable Penalties > PART II-FAILURE TO COMPLY WITH CERTAIN INFORMATION REPORTING REQUIREMENTS**

