APPROVED,
HOWEVER, TREASURY MUST REVISE THE ESTIMATE OF BURDEN UPON ENACTMENT
OF TAX REFORM LEGISLATION, WHICH SHOULD SUBSTANTIALLY INCREASE THE
BURDEN DUE TO THE LOWERING OF THE REPORTING THRESHOLD IN ADDITION,
YOUR REQUESTS FOR CONTINUED USE OF PRIOR VERSIONS OF THE FORM AND
TO OMIT PRINTING THE EXPIRATION DATE ON THE FORM ARE GRANTED.
Inventory as of this Action
Requested
Previously Approved
08/31/1989
08/31/1989
11/30/1987
36,788,390
0
24,543,002
5,814,290
0
4,693,691
0
0
0
FORM 1099-MISC IS USED BY PAYERS TO
REPORT PAYMENTS OF $600 OR MORE OF RENTS, PRIZES AND AWARDS,
FISHING BOAT PROCEEDS, MEDICAL AND HEALTH CA PAYMENTS, NONEMPLOYEE
COMPENSATION, $10 OR MORE OF ROYALTIES, ANY AMOUNT OF CERTAIN
SUBSTITUTE PAYMENTS, AND GOLDEN PARACHUTE 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.