Notice2025-05247
Proposed Extension of Information Collection Request Submitted for Public Comment; Comment Request on Burden Related to Form 1099-PATR
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
March 27, 2025
Issuing agencies
Treasury DepartmentInternal Revenue Service
Abstract
The Internal Revenue Service, as part of its continuing effort to reduce paperwork and respondent burden, invites the public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995. Currently, the IRS is soliciting comments concerning the burden related to Form 1099-PATR, "Taxable Distributions Received from Cooperatives".
Full Text
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<title>Federal Register, Volume 90 Issue 58 (Thursday, March 27, 2025)</title>
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[Federal Register Volume 90, Number 58 (Thursday, March 27, 2025)]
[Notices]
[Page 13994]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-05247]
[[Page 13994]]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Extension of Information Collection Request Submitted
for Public Comment; Comment Request on Burden Related to Form 1099-PATR
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
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SUMMARY: The Internal Revenue Service, as part of its continuing effort
to reduce paperwork and respondent burden, invites the public and other
Federal agencies to take this opportunity to comment on proposed and/or
continuing information collections, as required by the Paperwork
Reduction Act of 1995. Currently, the IRS is soliciting comments
concerning the burden related to Form 1099-PATR, ``Taxable
Distributions Received from Cooperatives''.
DATES: Written comments should be received on or before May 27, 2025 to
be assured of consideration.
ADDRESSES: Written comments and recommendations for the proposed
information collection should be sent within 60 days of publication of
this notice to <a href="/cdn-cgi/l/email-protection#8efefcefa0ede1e3e3ebe0fafdcee7fcfda0e9e1f8"><span class="__cf_email__" data-cfemail="5a2a283b74393537373f342e291a332829743d352c">[email protected]</span></a>. Please include, ``OMB Number:
1545-0118--Public Comment Request Notice'' in the Subject line.
Requests for additional information or copies of this collection can be
directed to Ronald J. Durbala, at <a href="/cdn-cgi/l/email-protection#bbe9f1d4c8decbd395ffcec9d9dad7dafbd2c9c895dcd4cd"><span class="__cf_email__" data-cfemail="99cbd3f6eafce9f1b7ddecebfbf8f5f8d9f0ebeab7fef6ef">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION:
Title: Taxable Distributions Received from Cooperatives.
OMB Number: 1545-0118.
Project Number: Form 1099-PATR.
Abstract: Form 1099-PATR is used to report patronage dividends paid
by cooperatives in accordance with Internal Revenue Code section 6044.
The information is used by IRS to verify reporting compliance on the
part of the recipient.
Current Actions: There are updates in the projections of reporting
Form 1099-PATR.
Type of Review: Revision of a currently approved collection.
Affected Public: Businesses and other for-profit organizations.
Estimated Number of Respondents: 1,615,000.
Estimated Time per Respondent: 20 min.
Estimated Total Annual Burden Hours: 549,100.
The following paragraph applies to all the collections of
information covered by this notice:
An agency may not conduct or sponsor, and a person is not required
to respond to, a collection of information unless the collection of
information displays a valid OMB control number.
Books or records relating to a collection of information must be
retained if their contents may become material in the administration of
any internal revenue law. Generally, tax returns and tax return
information are confidential, as required by 26 U.S.C. 6103.
Desired Focus of Comments: The Internal Revenue Service (IRS) is
particularly interested in comments that:
<bullet> Evaluate whether the proposed collection of information is
necessary for the proper performance of the functions of the agency,
including whether the information will have practical utility.
<bullet> Evaluate the accuracy of the agency's estimate of the
burden of the proposed collection of information, including the
validity of the methodology and assumptions used.
<bullet> Enhance the quality, utility, and clarity of the
information to be collected; and
<bullet> Minimize the burden of the collection of information on
those who are to respond, including using appropriate automated,
electronic, mechanical, or other technological collection techniques or
other forms of information technology, e.g., by permitting electronic
submissions of responses.
Comments submitted in response to this notice will be summarized
and/or included in the ICR for OMB approval of the extension of the
information collection; they will also become a matter of public
record.
Approved: March 24, 2025.
Ronald J. Durbala,
IRS Tax Analyst.
[FR Doc. 2025-05247 Filed 3-26-25; 8:45 am]
BILLING CODE 4830-01-P
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