Federal Register #15450108

IRS Seeks Public Comment on Information Collection for U.S. Tax Forms

This opportunity involves the Internal Revenue Service (IRS), under the Department of the Treasury, seeking public comment on its information collection practices for U.S. information returns and related forms. - Government Buyer: - Department of the Treasury, Internal Revenue Service (IRS) - Scope of Request: - Public comment on information collection for a wide range of IRS forms, including: - Forms 1098, 1099B, 1099DA, 1099DIV, 1099INT, 1099MISC, 1099NEC, 1099R, 5498, W9 - All related schedules, attachments, and published guidance - Notable Details: - IRS is transitioning from the Arthur D. Little (ADL) model to the RAAS Taxpayer Burden Model for estimating compliance burden - The goal is to improve the quality, utility, and clarity of information collection and minimize respondent burden - No OEMs, vendors, or procurement of products/services are involved, as this is a request for public input, not a solicitation or award

Description

The IRS is requesting public comments on the information collection related to U.S. information returns and associated forms, schedules, attachments, and published guidance. This collection covers the burden of preparing and issuing these information returns in compliance with federal tax laws. The notice outlines a transition to a new burden estimation methodology and includes a comprehensive list of forms covered under this collection. Comments are invited to improve the quality and minimize the burden of the information collection.

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