Notice2026-03271
Agency Information Collection Activities: Comment Request on Burden Related to Capitalization of Interest
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
February 19, 2026
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 91 Issue 33 (Thursday, February 19, 2026)</title>
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[Federal Register Volume 91, Number 33 (Thursday, February 19, 2026)]
[Notices]
[Pages 8057-8058]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-03271]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Agency Information Collection Activities: Comment Request on
Burden Related to Capitalization of Interest
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice of information collection and 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 April 20, 2026
to be assured of consideration.
ADDRESSES: Direct all written comments and recommendations to
Andr[eacute]s Garcia, Internal Revenue Service, Room 6526, 1111
Constitution Avenue NW, Washington, DC 20224, or by email at
<a href="/cdn-cgi/l/email-protection#98e8eaf9b6fbf7f5f5fdf6ecebd8f1eaebb6fff7ee"><span class="__cf_email__" data-cfemail="5d2d2f3c733e3230303833292e1d342f2e733a322b">[email protected]</span></a>. Please include, ``OMB Number: 1545-1265--Public
Comment Request Notice'' in the subject line of the message.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of this collection should be directed to Ronald J. Durbala,
(202)-317-5746 or via email at <a href="/cdn-cgi/l/email-protection#7f2d35100c1a0f17513b0a0d1d1e131e3f160d0c51181009"><span class="__cf_email__" data-cfemail="9dcfd7f2eef8edf5b3d9e8effffcf1fcddf4efeeb3faf2eb">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION: The IRS, in accordance with the Paperwork
Reduction Act of 1995 (PRA) (44 U.S.C. 3506(c)(2)(A)), provides the
public and Federal agencies with an opportunity to comment on proposed,
revised, and continuing collections of information. This helps the IRS
assess its 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 be viewable on
relevant websites. For this reason, please do not include in your
comments information of a confidential nature, such as sensitive
personal information.
[[Page 8058]]
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: Capitalization of Interest.
OMB Number: 1545-1265.
Regulation Project Number(s): TD 8584.
Abstract: Internal Revenue Code section 263A(f) requires taxpayers
to estimate the length of the production period and total cost of
tangible personal property to determine if Interest capitalization is
required. This regulation requires taxpayers to maintain
contemporaneous written records of production period estimates, to file
a ruling request to segregate activities in applying the interest
capitalization rules, and to request the consent of the Commissioner to
change their methods of accounting for the capitalization of interest.
Current Actions: There are no changes being made to this collection
at this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations and
individuals or households.
Estimated Number of Respondents: 500,050.
Estimated Time per Respondent: 14 min.
Estimated Total Annual Burden Hours: 116,767.
Dated: February 17, 2026.
Ronald J. Durbala,
Tax Analyst.
[FR Doc. 2026-03271 Filed 2-18-26; 8:45 am]
BILLING CODE 4831-GV-P
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