IRS Seeks Comments on Tax Paperwork for Prepaid Telephone Cards
Published Date: 10/27/2026
Notice
Summary
The IRS wants your thoughts on how they collect info about the Communications Excise Tax on prepaid phone cards. This affects phone companies who sell these cards and helps the IRS make sure the tax rules are clear and fair. You’ve got until December 28, 2026, to share your ideas—no cost changes yet, just a chance to improve the process!
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
Recordkeeping for Prepaid Card Sales
If you are a carrier that sells prepaid telephone cards to other carriers, you must keep certain information documenting those sales so you are not responsible for collecting the communications excise tax. The rule and documentation requirement are part of Regulation Project Number TD 8855 (OMB Control No. 1545-1628).
Paperwork Burden Estimates Provided
The IRS estimates this information-collection affects businesses with 96 total responses annually, about 20 minutes per response, and an estimated total annual burden of 34 hours. The IRS is requesting comments on this collection through December 28, 2026.
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Key Dates
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