IRS Seeks Comments on Partnership Transfer Reporting Burden
Published Date: 8/4/2026
Notice
Summary
In accordance with the Paperwork Reduction Act of 1995, the IRS is inviting comments on the information collection request outlined in this notice.
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
Certifications and Recordkeeping Required
If you transfer a partnership interest, regulations under Internal Revenue Code section 1446(f) require certifications, notifications, partnership statements, and related recordkeeping by transferors, transferees, partnerships, brokers, and other affected parties. The information is used to administer withholding and information reporting and to determine whether exceptions or adjustments to withholding apply.
Paperwork Burden Estimate
The IRS estimates 76,000 respondents will each spend about 40 minutes on the information collection, totaling 50,920 annual burden hours. The agency is inviting public comments on this collection and will accept written comments through October 5, 2026.
Personalized for You
How does this regulation affect your finances?
Personalize government policy and PRIA will tell you what this federal register document means for your household, plus every other regulation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-18219, Car Loan Interest Deduction
This document contains final regulations regarding the deduction for certain taxpayers for an amount up to $10,000 of qualified passenger vehicle loan interest. This document also contains final regulations regarding new information reporting requirements for certain persons who, in a trade or business, receive from any individual interest aggregating $600 or more for any calendar year on a specified passenger vehicle loan, including applicable penalties for failures to file information returns or furnish payee statements as required. These regulations affect taxpayers that may deduct qualified passenger vehicle loan interest, and also persons subject to these information reporting requirements.
2026-17622, Federal Independent Dispute Resolution Operations; Correction
This document corrects typographical errors and omissions in the final rule that appeared in the June 4, 2026, Federal Register titled "Federal Independent Dispute Resolution Operations" (referred to hereafter as the "IDR final rule"). The effective date of the IDR final rule was August 3, 2026.
2026-11343, Trump Accounts; Hearing
The IRS is holding a public hearing on July 16, 2026, about new rules for opening Trump accounts. People interested in speaking must submit their topics by June 15, or the hearing gets canceled. These changes could affect how certain accounts are managed and reported, so stay tuned for updates that might impact your money and taxes.
2026-11140, Federal Independent Dispute Resolution Operations
Starting soon, health plans and insurers must share clearer info when they pay or deny surprise medical bills. They’ll use special codes to explain these decisions, especially when dealing with folks they don’t have contracts with. This helps patients and providers understand bills better and speeds up fixing disputes, with no extra costs for most people.
2026-09141, Section 45Z Clean Fuel Production Credit; Hearing
The IRS is holding a telephonic-only public hearing from May 27-29, 2026, about new rules for clean fuel production credits. These rules explain who can get credits, how to measure emissions, and how to register. If you’re involved in clean fuel, this could affect your money and how you apply for credits.
2026-08344, Section 45Z Clean Fuel Production Credit; Hearing
The IRS is holding a public hearing in late May 2026 to talk about new rules for the Clean Fuel Production Credit. These rules will explain who can get the credit, how to measure emissions, and what paperwork is needed. If you make clean fuel, these changes could affect your tax credits and when you can claim them.
Previous / Next Documents
Previous: 2026-15766, Certificate of Alternate Compliance for the Landing Craft Utility Vessel 1710 Class (LCU 1710 Through LCU 1721)
The U.S. Navy hereby announces that a Certificate of Alternate Compliance has been issued for Landing Craft Utility Vessel 1710 Class (LCU 1710 through LCU 1721). Due to the special construction and purpose of each vessel of this class, the Admiralty Counsel of the Navy has determined that each vessel of this class is a vessel of the Navy which, due to its special construction and purpose, cannot comply fully with the navigation lights provisions of the International Regulations for Preventing Collisions at Sea, 1972 (72 COLREGS) without interfering with its special function as a naval ship. The intended effect of this notice is to warn mariners in waters where 72 COLREGS apply.
Next: 2026-15768, Formations of, Acquisitions by, and Mergers of Bank Holding Companies