REPORTING REQUIREMENTS WITH RESPECT TO CERTAIN APPORTIONED REAL ESTATE TAXES.

SEC. 1939. REPORTING REQUIREMENTS WITH RESPECT TO CERTAIN APPORTIONED REAL ESTATE TAXES. (a) General Rule.— Paragraph (4) of section 6045(e) is amended to read as follows: “(4) Additional information required.— In the case of a real estate transaction involving a residence, the real estate reporting person shall include the following information on the return under subsection (a) and on the statement under subsection (b): “(A) The portion of any real property tax which is treated as a tax imposed on the purchaser by reason of section 164(d)(1)(B). “(B) Whether or not the financing (if any) of the seller was federally-subsidized indebtedness (as defined in section 143(m)(3)).” (b) Effective Date.— The amendment made by subsection (a) shall apply to transactions after December 31, 1992.