Notice2025-21091
Agency Information Collection Activities; Comment Request on Vehicle Loan Interest Statement
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
November 26, 2025
Issuing agencies
Treasury DepartmentInternal Revenue Service
Abstract
In accordance with the Paperwork Reduction Act of 1995, the IRS is inviting comments on the information collection request outlined in this notice.
Full Text
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<title>Federal Register, Volume 90 Issue 226 (Wednesday, November 26, 2025)</title>
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[Federal Register Volume 90, Number 226 (Wednesday, November 26, 2025)]
[Notices]
[Pages 54460-54461]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-21091]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Agency Information Collection Activities; Comment Request on
Vehicle Loan Interest Statement
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice of information collection; request for comments.
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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, the
IRS is inviting comments on the information collection request outlined
in this notice.
DATES: Written comments should be received on or before January 26,
2026 to be assured of consideration.
ADDRESSES: Direct all written comments to Andres Garcia, Internal
Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC
20224, or by email to <a href="/cdn-cgi/l/email-protection#1d6d6f7c337e7270707873696e5d746f6e337a726b"><span class="__cf_email__" data-cfemail="2f5f5d4e014c4042424a415b5c6f465d5c01484059">[email protected]</span></a>. Include ``OMB Control No.
1545-2334'' in the subject line of the message.
FOR FURTHER INFORMATION CONTACT: View the latest drafts of the tax
forms related to the information collection listed in this notice at
<a href="https://www.irs.gov/draft-tax-forms">https://www.irs.gov/draft-tax-forms</a>. Requests for additional
information or copies of this collection should be directed to Marcus
W. McCrary (470) 769-2001.
SUPPLEMENTARY INFORMATION: The IRS, in accordance with the Paperwork
Reduction Act of 1995 (PRA) (44 U.S.C. 3506(c)(2)(A)), provides the
general public and Federal agencies with an opportunity to comment on
proposed, revised, and continuing collections of information. This
helps the IRS assess the impact and minimize the burden of its
information collection requirements. Comments submitted in response to
this notice will be summarized and/or included in the request for OMB
approval. All comments will become a matter of public record, and
viewable on relevant websites. For this reason, please do not include
in your comments information of a confidential nature, such as
sensitive personal information.
Comments are invited on: (a) Whether the collection of information
is necessary for the proper performance of the functions of the agency,
including whether the information shall have practical utility; (b) the
accuracy of the agency's estimate of the burden of the collection of
information; (c) ways to enhance the quality, utility, and clarity of
the information to be collected; (d) ways to minimize the burden of the
collection of information on respondents, including through the use of
automated collection techniques or other forms of information
technology; and (e) estimates of capital or start-up costs and costs of
operation, maintenance, and purchase of services to provide
information.
Title: Vehicle Loan Interest Statement.
OMB Control Number: 1545-2334.
Form Number: Form 1098-VLI.
Abstract: IRS Section 6050AA requires information reporting with
respect to interest received on a specified passenger vehicle loan.
Recipients of this interest are required to file an information return
to the IRS and furnish a statement to individuals who pay or accrue the
interest during a calendar year. The reporting requirements of section
6050AA allow the IRS to verify recipients' compliance with the
information reporting rules and to verify that individuals deduct the
proper amount of interest on their tax return.
[[Page 54461]]
Current Actions: Form 1098-VLI was developed for the information
collection requirements included in Notice 20257.
Type of Review: Revision of currently approved collection.
Affected Public: Business or other for-profit organizations, etc.
Estimated Number of Responses: 8,000,000.
Estimated Time per Response: 15 minutes.
Estimated Total Annual Burden Hours: 2,000,000.
Dated: November 21, 2025.
Marcus W. McCrary,
Tax Analyst.
[FR Doc. 2025-21091 Filed 11-25-25; 8:45 am]
BILLING CODE 4830-01-P
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