Sections I-A through III-G available online. The original issue discount tables, Sections I-A through III-G, are now only available on the IRS website at www.irs.gov/formspubs/article/0,,id=109875,00.html. The tables are posted to the website in late November or early December of each year.

Publication 1212 no longer revised annually. Pages 1 through 16 of Publication 1212 will no longer be revised annually. See the above website for Sections I-A through III-G.

Section III-B Student Loan Marketing Association. Short-term obligations reported in Section III-B have been discontinued by the Student Loan Marketing Association.

The Internal Revenue Service is a proud partner with the National Center for Missing and Exploited Children. Photographs of missing children selected by the Center may appear in this publication on pages that would otherwise be blank. You can help bring these children home by looking at the photographs and calling 1-800-THE-LOST (1-800-843-5678) if you recognize a child.

This publication has two purposes. Its primary purpose is to help brokers and other middlemen identify publicly offered original issue discount (OID) debt instruments they may hold as nominees for the true owners, so they can file Forms 1099-OID or Forms 1099-INT as required. The other purpose of the publication is to help owners of publicly offered OID debt instruments determine how much OID to report on their income tax returns.

The list of publicly offered OID debt instruments (OID list) is on the IRS website (see What's New on page 1). The information on this list comes from the issuers of the debt instruments and from financial publications and is updated annually. (However, see Debt Instruments Not on the OID List, later.)

Brokers and other middlemen can rely on this list to determine, for information reporting purposes, whether a debt instrument was issued at a discount and the OID to be reported on information returns. However, because the information in the list has generally not been verified by the IRS as correct, the following tax matters are subject to change upon examination by the IRS.