(a) Requirement of reporting—(1) In general. Except as provided in paragraph (c) of this section, an information return shall be made by a payor, as defined in paragraph (a)(2) of this section, of amounts of interest and original issue discount paid after December 31, 1982. Such return shall contain the information described in paragraph (b) of this section. (a) [Reserved] For further guidance, see §1.6049–4(a). (a) Interest subject to reporting requirement. For purposes of §§1.6049–4, 1.6049– 6 and this section, except as provided in paragraph (b) of this section, the term ‘‘interest’’ means: (a) through (b)(5) [Reserved] For further guidance, see §1.6049–5(a) through (b)(5).