Section 6050X- Reporting

Transitional Guidance Under Sections 162(f) and 6050X with Respect To Certain Fines, Penalties, and Other Amounts

⚠️ Notice: This information collection may be referencing outdated material. More recent filings for OMB 1545-2284 can be found here:

Documents and Forms

Document Name Document Type
Form 1098-F Section 6050X- Reporting Form
Instr Form 1098-F.pdf Instruction
1098-F Fines, Penalties, and Other Amounts Form 1098-F.pdf Form
Notice 2018-23.pdf Notice 2018-23 IC Document

Information Collection (IC) Details

IC Title:	Section 6050X- Reporting	Agency IC Tracking Number:

Is this a Common Form? No		IC Status: New

Obligation to Respond: Mandatory

CFR Citation: 26 CFR 1.162-21 26 CFR 1.6050X-x

Information Collection Instruments:

Document Type	Form No.	Form Name	Instrument File	URL	Available Electronically?	Can Be Submitted Electronically?	Electronic Capability
Form	1098-F	Fines, Penalties, and Other Amounts	Form 1098-F.pdf		Yes	Yes	Fillable Fileable
Instruction			Instr Form 1098-F.pdf		Yes	No	Printable Only

Line of Business: General Government

Subfunction: Taxation Management

Privacy Act System of Records
Title:	FR Citation:

Number of Respondents: 200	Number of Respondents for Small Entity: 0

Affected Public: Private Sector	Private Sector: Businesses or other for-profits

Percentage of Respondents Reporting Electronically: 0 %

	Approved	Program Change Due to New Statute
Annual Number of Responses for this IC	200	200
Annual IC Time Burden (Hours)	24	24
Annual IC Cost Burden (Dollars)	0	0

Documents for IC

Title	Document	Date Uploaded
Notice 2018-23	Notice 2018-23.pdf	11/13/2018

Blank fields in records indicate information that was not collected or not collected electronically prior to July 2006.