# 2026-22806: IRS Asks Partnerships Whether Their Tax-Cancellation Form Makes Sense

2026-22806, Agency Information Collection Activities; Comment Request on Form 15254, is a Federal Register notice from Treasury Department, Internal Revenue Service published 2026-11-09, effective Written comments should be received on or before January 8, 2027 to be assured of consideration.; PRIA reads it as touching household money (as of 2026-11-11).

- Canonical: https://policyrisk.com/federal-register/2026-22806
- As of: 2026-11-11
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2026-22806
- Title: Agency Information Collection Activities; Comment Request on Form 15254
- Type: Notice
- Agencies: Treasury Department; Internal Revenue Service
- Citation: 91 FR 70989
- Published: 2026-11-09
- Effective: Written comments should be received on or before January 8, 2027 to be assured of consideration.
- Comments close: 2027-01-08
- Significant: no
- Touches household money: yes
- Regulation identifier numbers: none
- Last updated: 2026-11-11

## In one line

IRS Asks Partnerships Whether Their Tax-Cancellation Form Makes Sense

## Summary

The IRS wants your thoughts on Form 15254, which partnerships use to cancel a special tax rule called Section 754. If you’re part of a partnership, this affects you! They’re asking for comments by January 8, 2027, to make sure the form is clear and not too much work. No big costs are expected, just a chance to help improve the process.

## Abstract

In accordance with the Paperwork Reduction Act of 1995, the IRS is inviting comments on the information collection request outlined in this notice.

## Effects PRIA read

- Partnerships must file Form 15254: cost, low. If you are a partnership, you must use IRS Form 15254 to request a Section 754 revocation. Partnerships, partners, or their representatives need to access the form on IRS.gov and submit it along with the required documents to request the revocation.
- Estimated paperwork burden and comment window: cost, low. The IRS estimates 50 annual responses for Form 15254, with each response taking about 5 hours and 7 minutes to complete, totaling 256 annual burden hours. The IRS is requesting public comments on this information collection and will accept written comments through January 8, 2027.

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## Sources
- [2026-22806 on federalregister.gov](https://www.federalregister.gov/documents/2026/11/09/2026-22806/agency-information-collection-activities-comment-request-on-form-15254)
- [2026-22806 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2026-11-09/pdf/2026-22806.pdf)

## Related
- [Previous: 2026-22805, Red River Hydro LLC; Notice of Request for Extension of Time To Commence and Co…](https://policyrisk.com/federal-register/2026-22805)
- [Next: 2026-22808, FFP Missouri 12, LLC; Notice of Request for Extension of Time To Commence and C…](https://policyrisk.com/federal-register/2026-22808)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2026-22806 (as of 2026-11-11).