FORM 1099-MISC, AS AMENDED BY REGULATIONS FOR FURNISHING STATEMENTS REQUIRED WITH RESPECT TO CERTAIN SUBSTITUTE PAYMENT LR 115-84 (TEMP. REG.) & LR 133-84 (NPRM)
ICR 198410-1545-005
OMB: 1545-0115
Federal Form Document
⚠️ Notice: This information collection may be outdated. More recent filings for OMB 1545-0115 can be found here:
FORM 1099-MISC, AS AMENDED BY
REGULATIONS FOR FURNISHING STATEMENTS REQUIRED WITH RESPECT TO
CERTAIN SUBSTITUTE PAYMENT LR 115-84 (TEMP. REG.) & LR 133-84
(NPRM)
THE REGULATIONS REQUIRE THAT BROKERS
MUST FURNISH A STATEMENT TO THEIR CUSTOMERS IDENTIFYING SUBSTITUTE
PAYMENTS RECEIVED ON THEIR BEHALF AND ALSO REPORT SUCH INFORMATION
TO THE SERVICE. THE SERVICE NEEDS THIS INFORMATION IN ORDER TO
GUARANTEE THAT TAXPAYERS PROPERLY REPORT SUCH SUBSTITUTE
PAYMENTS.
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.