IRS Seeks Renewal for Tax Form Data Collection
Published Date: 5/28/2026
Notice
Summary
The IRS is asking for approval to keep collecting info through some important tax forms, like the one for reporting dividends and the one for aliens leaving the U.S. Businesses and certain individuals will keep filling these out, helping the IRS make sure taxes are paid right. If you want to share your thoughts, you’ve got until June 29, 2026—so don’t miss out!
Analyzed Economic Effects
6 provisions identified: 1 benefits, 5 costs, 0 mixed.
Employers Continue Filing Form 5330
The IRS requests ongoing approval to collect Form 5330 for reporting and paying excise taxes related to employee benefit plans. The notice estimates 26,460 respondents, about 47 hours 26 minutes per response, totaling 1,255,149 annual burden hours.
Wagering Operators Keep Registering (Form 11‑C)
The IRS will continue collecting Form 11‑C to register persons accepting wagers and to collect the annual stamp tax. The notice estimates 3,900 respondents, about 7 hours 2 minutes per response, totaling 27,534 annual burden hours.
Employee Benefit Plans Keep Filing Form 5500
The IRS will continue to collect the Form 5500 series (including 5500‑SF and 5500‑EZ) for annual employee benefit plan reporting. The notice estimates 1,694,075 respondents, about 1 hour 34 minutes per response, totaling 4,019,260 annual burden hours.
Keep Filing Form 1099‑DIV
The IRS requests OMB approval to continue collecting Form 1099‑DIV so businesses must keep reporting dividends. The notice estimates 110,115,626 responses, about 28 minutes per response, totaling 51,754,344 annual burden hours.
Departing Aliens Must File Form 2063
The IRS seeks to continue collecting Form 2063 so departing resident or nonresident aliens can certify they satisfied U.S. income tax obligations. The agency estimates 20,540 respondents, about 50 minutes per response, totaling 17,049 annual burden hours.
Whistleblowers Can Request Reduced Withholding
The IRS will continue to accept Form 14693 so whistleblowers can apply for a reduced withholding rate on award payments to avoid IRS over‑withholding. The notice estimates 10 respondents, about 45 minutes per response, totaling 8 annual burden hours.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Related Federal Register Documents
2026-08143 — Streamlining Regulations Concerning Public Welfare Investments, Open Market Collateralized Loan Obligations, and Federal Savings Association Nondiscrimination Requirements
The Treasury’s Office of the Comptroller of the Currency wants to simplify some banking rules by removing outdated or confusing parts. This affects banks, especially federal savings associations and those dealing with certain loan investments. They’re asking for public feedback by May 27, 2026, aiming to cut red tape and make compliance easier without changing costs.
2025-21626 — Regulatory Capital Rule: Modifications to the Enhanced Supplementary Leverage Ratio Standards for U.S. Global Systemically Important Bank Holding Companies and Their Subsidiary Depository Institutions; Total Loss-Absorbing Capacity and Long-Term Debt Requirements for U.S. Global Systemically Important Bank Holding Companies
Big U.S. banks that are super important to the economy are getting new rules to keep them safer and stronger. These changes tweak how much money they must keep on hand and how they handle long-term debt, helping prevent financial trouble. The new rules kick in soon and could affect how these banks manage billions in assets and debt.
2025-18278 — Occupations That Customarily and Regularly Received Tips; Definition of Qualified Tips
If you earn tips at work, these new rules show which jobs count as tip-earning and explain what counts as 'qualified tips' for tax deductions. The changes apply to tips received up to December 31, 2024, helping workers and employers know exactly what tips can lower their taxes. Get ready to keep better track of your tips and maybe save some money when tax time rolls around!
2025-05199 — Beneficial Ownership Information Reporting Requirement Revision and Deadline Extension
FinCEN is making it easier for U.S. companies by only requiring foreign companies to report who really owns them. Domestic companies don’t have to report or update their ownership info anymore. Plus, foreign companies get more time—30 days—to file or fix their reports, and they don’t have to share info about U.S. owners, saving time and hassle.
2025-02251 — Administrative Requirements for an Election To Exclude Applicable Unincorporated Organizations From the Application of Subchapter K; Hearing Cancellation
If you run an unincorporated organization, new rules are coming to help you skip some tricky partnership tax laws. These changes explain how to make that election properly, so you don’t get caught in confusing tax stuff. No extra fees or deadlines yet, but keep an eye out for updates to stay ahead!
2026-10618 — Agency Information Collection Activities; Submission for OMB Review; Comment Request; Multiple Alcohol and Tobacco Tax and Trade Bureau Information Collection Requests
The Treasury Department’s Alcohol and Tobacco Tax and Trade Bureau (TTB) is asking for public feedback on renewing forms that help check if people or companies applying to handle alcohol or tobacco meet legal rules. This affects anyone wanting permits to work with these products and keeps the process smooth without changes. Comments are due by June 29, 2026, so don’t miss your chance to speak up!
Previous / Next Documents
Previous: 2026-10637 — Public Meetings of the Science Advisory Board Contaminant Candidate List (CCL) 6 Augmented Drinking Water Committee (DWC)
The EPA’s Science Advisory Board is holding five virtual meetings this summer to review and discuss a draft list of possible new drinking water contaminants. These meetings let experts and the public weigh in on what chemicals might need future regulation to keep our water safe. If you care about clean water, these meetings happening from June to August 2026 are your chance to get involved—no cost to join!
Next: 2026-10640 — Air Plan Approval; SC; Department Name Change
South Carolina is updating its air quality plan to reflect a big department name change. The old Department of Health and Environmental Control split into two new groups: Public Health and Environmental Services. This update affects anyone following air rules in South Carolina and needs public comments by June 29, 2026—no extra costs or delays expected!