Form 1099 MISC - Miscellaneous Income

ICR 201904-1545-014

OMB: 1545-0115

Federal Form Document

Forms and Documents
Document
Name
Status
Form
Modified
Supporting Statement A
2019-05-13
IC Document Collections
IC ID
Document
Title
Status
39534 Modified
ICR Details
1545-0115 201904-1545-014
Active 201602-1545-032
TREAS/IRS
Form 1099 MISC - Miscellaneous Income
Revision of a currently approved collection   No
Regular
Approved without change 07/29/2019
Retrieve Notice of Action (NOA) 06/25/2019
OMB understands that the IRS is currently in the process of revising the methodology it uses to estimate burden and costs. OMB expects that future ICRs under this OMB control number will include dollar estimates of annual burden costs to taxpayers calculated using this revised methodology.
  Inventory as of this Action Requested Previously Approved
07/31/2022 36 Months From Approved 07/31/2019
99,447,800 0 86,796,997
30,828,818 0 26,907,070
0 0 0

Form 1099-MISC is used by payers to report payments of $600 or more of rent, prizes and awards, medical and health care payments, nonemployee compensation, and crop insurance proceeds, $10 or more of royalties, any amount of fishing boat proceeds, certain substitute payments, golden parachute payments, and an indication of direct sales of $5,000 or more.

US Code: 26 USC 6050A Name of Law: Reporting requirements of certain fishing boat operators.
   US Code: 26 USC 6041 Name of Law: Information at source.
   US Code: 26 USC 6045(d) Name of Law: Statements required in case of certain substitute payments.
  
None

Not associated with rulemaking

  84 FR 13392 04/04/2019
84 FR 29586 06/24/2019
No

1
IC Title Form No. Form Name
Miscellaneous Income 1099-MISC Miscellaneous Income

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 99,447,800 86,796,997 0 0 12,650,803 0
Annual Time Burden (Hours) 30,828,818 26,907,070 0 0 3,921,748 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
There are changes to the burden due to adjustments in respondents.

$458,322
No
    Yes
    Yes
No
No
No
Uncollected
Oksana Stowbunenko 240 613-5808

  No

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.
06/25/2019


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