Information Collection

Reporting of Payments by Acquirer in a Reportable Policy Sale

IC 234018 under ICR 202408-1545-019 · OMB 1545-2281.

Documents and Forms

Documents and forms in this information collection
Document Name	Document Type
Form 1099-LS Reporting of Payments by Acquirer in a Reportable Policy Sale	Form
Instr for Form 1099-LS--2019-12-00.pdf	Instruction
Instr for Form 1099-LS--2019-12-00.pdf	Instruction
Instr for Form 1099-SB--2019-12-00.pdf	Instruction
Instr for Form 1099-SB--2019-12-00.pdf	Instruction
i1099gi.pdf	Other-PRA burden information
i1099gi.pdf	Other-PRA burden information
1099-LS Reportable Life Insurance Sale Form 1099-LS--2019-12-00.pdf	Form
1099-LS Reportable Life Insurance Sale Form 1099-LS--2019-12-00.pdf	Form
1099-SB Seller's Investment in Life Insurance Contract Form 1099-SB (Rev. April 2025).pdf	Form
1099-SB Seller's Investment in Life Insurance Contract Form 1099-SB (Rev. April 2025).pdf	Form
Notice 2018-41.pdf Notice 2018-41	IC Document
Notice 2018-41.pdf Notice 2018-41	IC Document
TD 9879 - 10-31-19.pdf TD 9879	IC Document
TD 9879 - 10-31-19.pdf TD 9879	IC Document

IC Title:

Agency IC Tracking Number:

Is this a Common Form? No

IC Status: Modified

Obligation to Respond: Mandatory

CFR Citation: 26 CFR 1.6050Y-2

Information Collection Instruments:

table that charts list of instruments
Document Type	Form No.	Form Name	Instrument File	Available Electronically?	Can Be Submitted Electronically?	Electronic Capability
Form	1099-LS	Reportable Life Insurance Sale	Form 1099-LS--2019-12-00.pdf	Yes	Yes	Fillable Fileable
Instruction			Instr for Form 1099-LS--2019-12-00.pdf	Yes	No	Printable Only
Form	1099-SB	Seller's Investment in Life Insurance Contract	Form 1099-SB (Rev. April 2025).pdf	Yes	Yes	Fillable Fileable
Instruction			Instr for Form 1099-SB--2019-12-00.pdf	Yes	No	Printable Only
Other-PRA burden information			i1099gi.pdf	Yes	No	Printable Only

Line of Business: General Government

Subfunction: Taxation Management

Privacy Act System of Records

Title: IRS 24.046-Customer Account Data Engine Business Master File

FR Citation: 80 FR 54063

Number of Respondents: 13,100

Number of Respondents for Small Entity: 0

Affected Public: Private Sector

Private Sector: Businesses or other for-profits

Percentage of Respondents Reporting Electronically: 98 %

table that charts list of burden
	Approved	Change Due to Adjustment in Agency Estimate	Previously Approved
Annual Number of Responses for this IC	13,100	7,100	6,000
Annual IC Time Burden (Hours)	1,572	852	720
Annual IC Cost Burden (Dollars)	0	0	0

Documents for IC

table that charts IC Documents
Title	Document	Date Uploaded
Notice 2018-41	Notice 2018-41.pdf	11/13/2018
TD 9879	TD 9879 - 10-31-19.pdf	07/19/2021

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