US Code

Public Law 119-73 (01/23/2026)

26 U.S.C. § 6031

Return of partnership income

(a)

General rule

Every partnership (as defined in section 761(a)) shall make a return for each taxable year, stating specifically the items of its gross income and the deductions allowable by subtitle A, and such other information, for the purpose of carrying out the provisions of subtitle A as the Secretary may by forms and regulations prescribe, and shall include in the return the names and addresses of the individuals who would be entitled to share in the taxable income if distributed and the amount of the distributive share of each individual.

(b)

Copies to partners

Each partnership required to file a return under subsection (a) for any partnership taxable year shall (on or before the day on which the return for such taxable year was required to be filed) furnish to each person who is a partner or who holds an interest in such partnership as a nominee for another person at any time during such taxable year a copy of such information required to be shown on such return as may be required by regulations. Information required to be furnished by the partnership under this subsection may not be amended after the due date of the return under subsection (a) to which such information relates, except—
(1)
in the case of a partnership which has elected the application of section 6221(b) for the taxable year,
(2)
as provided in the procedures under section 6225(c),
(3)
with respect to statements under section 6226, or
(4)
as otherwise provided by the Secretary.
(c)

Nominee reporting

Any person who holds an interest in a partnership as a nominee for another person—
(1)
shall furnish to the partnership, in the manner prescribed by the Secretary, the name and address of such other person, and any other information for such taxable year as the Secretary may by form and regulation prescribe, and
(2)
shall furnish in the manner prescribed by the Secretary such other person the information provided by such partnership under subsection (b).
(d)

Separate statement of items of unrelated business taxable income

In the case of any partnership regularly carrying on a trade or business (within the meaning of section 512(c)(1)), the information required under subsection (b) to be furnished to its partners shall include such information as is necessary to enable each partner to compute its distributive share of partnership income or loss from such trade or business in accordance with section 512(a)(1), but without regard to the modifications described in paragraphs (8) through (15) of section 512(b).

(e)

Foreign partnerships

(1)

Exception for foreign partnership

Except as provided in paragraph (2), the preceding provisions of this section shall not apply to a foreign partnership.

(2)

Certain foreign partnerships required to file return

Except as provided in regulations prescribed by the Secretary, this section shall apply to a foreign partnership for any taxable year if for such year, such partnership has—
(A)
gross income derived from sources within the United States, or
(B)
gross income which is effectively connected with the conduct of a trade or business within the United States.
The Secretary may provide simplified filing procedures for foreign partnerships to which this section applies.
(f)

Electing investment partnerships

1

1 See References in Text note below.
In the case of any electing investment partnership (as defined in section 743(e)(6)), the information required under subsection (b) to be furnished to any partner to whom section 743(e)(2) applies shall include such information as is necessary to enable the partner to compute the amount of losses disallowed under section 743(e).

Aug. 16, 1954, ch. 73668A Stat. 741Pub. L. 94–455, title XIX, § 1906(b)(13)(A)90 Stat. 1834Pub. L. 97–248, title IV, § 40396 Stat. 669Pub. L. 99–514, title XV, § 1501(c)(16)100 Stat. 2740Pub. L. 100–647, title V, § 5074(a)102 Stat. 3682Pub. L. 105–34, title XI, § 1141(a)111 Stat. 980Pub. L. 108–357, title VIII, § 833(b)(4)(B)118 Stat. 1590Pub. L. 114–74, title XI, § 1101(e)129 Stat. 637Pub. L. 114–113, div. Q, title IV, § 411(d)129 Stat. 3122Pub. L. 115–141, div. U, title II, § 206(a)132 Stat. 1178(, ; , , ; , , ; , title XVIII, § 1811(b)(1)(A), , , 2832; , , ; , title XII, § 1223(a), , , 1019; , , ; , (f)(1), , ; , , ; , , .)

Editorial Notes

References in Text

Pub. L. 115–97, title I, § 13504(b)(2)131 Stat. 2142Section 743(e)(6), referred to in subsec. (f), was redesignated section 743(e)(5) by , , .

Amendments

Pub. L. 115–1412018—Subsec. (b). substituted “Information required to be furnished by the partnership under this subsection may not be amended after the due date of the return under subsection (a) to which such information relates, except—” for “Except as provided in the procedures under section 6225(c), with respect to statements under section 6226, or as otherwise provided by the Secretary, information required to be furnished by the partnership under this subsection may not be amended after the due date of the return under subsection (a) to which such information relates.” and added pars. (1) to (4).

Pub. L. 114–1132015—Subsec. (b). substituted “Except as provided in the procedures under section 6225(c), with respect to statements under section 6226, or as otherwise provided by the Secretary, information required to be furnished by the partnership under this subsection may not be amended after the due date of the return under subsection (a) to which such information relates.” for “In the case of an electing large partnership (as defined in section 775), such information shall be furnished on or before the first March 15 following the close of such taxable year.”

Pub. L. 114–74, § 1101(e)Pub. L. 114–113section 1101 of Pub. L. 114–74, (f)(1), which directed amendment of subsec. (b) by first inserting at end “Except as provided in the procedures under section 6225(c), with respect to statements under section 6226, or as otherwise provided by the Secretary, information required to be furnished by the partnership under this subsection may not be amended after the due date of the return under subsection (a) to which such information relates.” and then by striking the last sentence, was not executed in view of the amendment by , which made identical amendments but in the reverse order, effective as if included in . See note above.

Pub. L. 108–3572004—Subsec. (f). added subsec. (f).

Pub. L. 105–34, § 1223(a)1997—Subsec. (b). , inserted at end “In the case of an electing large partnership (as defined in section 775), such information shall be furnished on or before the first March 15 following the close of such taxable year.”

Pub. L. 105–34, § 1141(a)Subsec. (e). , added subsec. (e).

Pub. L. 100–6471988—Subsec. (d). added subsec. (d).

Pub. L. 99–514, § 1501(c)(16)1986—Subsec. (b). , substituted “was required to be filed” for “was filed” and “required to be shown on such return” for “shown on such return”.

Pub. L. 99–514, § 1811(b)(1)(A)(i), inserted “or who holds an interest in such partnership as a nominee for another person” after “who is a partner”.

Pub. L. 99–514, § 1811(b)(1)(A)(ii)Subsec. (c). , added subsec. (c).

Pub. L. 97–248, § 403(b)1982—Subsec. (a). , designated existing provisions as subsec. (a) and added subsec. heading.

Pub. L. 97–248, § 403(a)Subsec. (b). , added subsec. (b).

Pub. L. 94–4551976— struck out “or his delegate” after “Secretary”.

Statutory Notes and Related Subsidiaries

Effective Date of 2018 Amendment

Pub. L. 115–141, div. U, title II, § 207132 Stat. 1183

Pub. L. 114–74“The amendments made by this title [amending this section and sections 6201, 6211, 6221, 6222, 6225 to 6227, 6231 to 6235, 6241, 6501, 6651, 6696, 6698, 6702, 6724, and 7485 of this title] shall take effect as if included in section 1101 of the Bipartisan Budget Act of 2015 [].”
, , , provided that:

Effective Date of 2015 Amendment

Pub. L. 114–113, div. Q, title IV, § 411(e)129 Stat. 3122

Pub. L. 114–74“The amendments made by this section [amending this section and sections 6225, 6226, 6234, and 6235 of this title] shall take effect as if included in section 1101 of the Bipartisan Budget Act of 2015 [].”
, , , provided that:

Pub. L. 114–74section 1101(g) of Pub. L. 114–74section 6221 of this titleAmendment by applicable to returns filed for partnership taxable years beginning after , with certain exceptions, see , set out as an Effective Date note under .

Effective Date of 2004 Amendment

Pub. L. 108–357section 833(d)(2) of Pub. L. 108–357section 743 of this titleAmendment by applicable to transfers after , with transition rule in the case of an electing investment partnership which is in existence on , see , set out as a note under .

Effective Date of 1997 Amendment

Pub. L. 105–34, title XI, § 1141(c)111 Stat. 981

section 6231 of this title“The amendments made by this section [amending this section and ] shall apply to taxable years beginning after the date of the enactment of this Act [].”
, , , provided that:

section 1223(a) of Pub. L. 105–34section 1226 of Pub. L. 105–34section 6011 of this titleAmendment by applicable to partnership taxable years beginning after , see , as amended, set out as a note under .

Effective Date of 1988 Amendment

Pub. L. 100–647, title V, § 5074(b)102 Stat. 3682

“The amendment made by subsection (a) [amending this section] shall apply to taxable years beginning after .”
, , , provided that:

Effective Date of 1986 Amendment

section 1501(c)(16) of Pub. L. 99–514section 1501(e) of Pub. L. 99–514section 6721 of this titleAmendment by applicable to returns the due date for which (determined without regard to extensions) is after , see , set out as an Effective Date note under .

Pub. L. 99–514, title XVIII, § 1811(b)(1)(B)100 Stat. 2832

section 6050K of this title“The amendments made by this subsection [amending this section and ] shall apply to partnership taxable years beginning after the date of the enactment of this Act [].”
, , , provided that:

Effective Date of 1982 Amendment

Pub. L. 97–248Pub. L. 97–248section 702 of this titleAmendment by applicable to partnership taxable years beginning after , with provision for the applicability of the amendment to any partnership taxable year ending after , if the partnership, each partner, and each indirect partner requests such application and the Secretary of the Treasury or his delegate consents to such application, see section 407(a)(1), (3) of , set out as a note under .

Plan Amendments Not Required Until January 1, 1989

Pub. L. 99–514section 1140 of Pub. L. 99–514section 401 of this titleFor provisions directing that if any amendments made by subtitle A or subtitle C of title XI [§§ 1101–1147 and 1171–1177] or title XVIII [§§ 1800–1899A] of require an amendment to any plan, such plan amendment shall not be required to be made before the first plan year beginning on or after , see , as amended, set out as a note under .

Returns Required From All Partnerships With United States Partners

Pub. L. 97–248, title IV, § 40496 Stat. 669Pub. L. 99–514, § 2100 Stat. 2095

“Except as hereafter provided in regulations prescribed by the Secretary of the Treasury or his delegate, nothing in section 6031 of the Internal Revenue Code of 1986 [formerly I.R.C. 1954] shall be treated as excluding any partnership from the filing requirements of such section for any taxable year if the income tax liability under subtitle A of such Code of any United States person is determined in whole or in part by taking into account (directly or indirectly) partnership items of such partnership for such taxable year.”
, , , as amended by , , , provided that:

Special Rule for Certain International Satellite Partnerships

section 406 of Pub. L. 97–248section 6231 of this titleFor provision that this section is not applicable to certain international satellite partnerships, see , set out as a note under .