# Information Reporting for Certain Life Insurance Contract Transactions and Modifications to the Transfer for Valuable Consideration Rules; Correcting Amendment
> **IRS** · Correcting amendments. · Published 2019-12-13 · Effective 2019-12-13 · 84 FR 68042
## Document
- **Document number:** 2019-26866
- **Category:** other
- **Sub-agency:** IRS
- **Federal Register citation:** 84 FR 68042
- **CFR reference:** 26 CFR 1
- **Publication date:** 2019-12-13
- **Effective date:** 2019-12-13
- **Treasury docket:** TD 9879
## Abstract

This document contains corrections to Treasury Decision 9879, which was published in the Federal Register on Thursday, October 31, 2019. Treasury Decision 9879 contained final regulations providing guidance on new information reporting obligations under section 6050Y related to reportable policy sales of life insurance contracts and payments of reportable death benefits and guidance on the amount of death benefits excluded from gross income under section 101 following a reportable policy sale.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2019/12/13/2019-26866/information-reporting-for-certain-life-insurance-contract-transactions-and-modifications-to-the)
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