amendments made by section 334(d) of the SECURE 2.0 Act of 2022, is amended by adding at the end the following new section: 6050AA. Information with respect to applicable deferred compensation (a) In general Every person making a payment to an individual in excess of $5,000,000 of— (1) any applicable deferred compensation described in section 409B(c)(2)(A), or (2) any severance pay (as defined in section 409B(d)(3)), shall make a return, not later than January 31 of the first calendar year beginning after the close of the taxable year during which such payment is includible in gross income of the individual. (b) Information required The return required by subsection (a) shall include— (1) the name, taxpayer identification number, and address of the individual to whom the payment of applicable deferred compensation or severance pay is made, (2) the date any applicable deferred compensation was first deferred (the date of the transfer, in the case of property subject to section 83, or the date of grant of the option, in the case of property acquired pursuant to an option described in section 83(e)(3)), without regard to vesting, transferability, or risk of forfeiture, (3) the amount of such compensation includible in gross income of the individual for the taxable year, (4) the amount of such severance pay includible in gross income of the individual for the taxable year, and (5) such other information as the Secretary may require. (c) Special rules (1) Section 83 compensation With respect to transfers of property to which section 83 applies, the information required under paragraphs (2) and (3) of subsection (b) shall be reported separately for each item of property transferred, except that property for which the information required by such paragraphs is identical may be aggregated. (2) Other compensation With respect to any applicable deferred compensation not described in paragraph (1), if such compensation is paid pursuant to more than 1 plan or arrangement or involves amounts which were first deferred on more