IRS Wants Your Take on Trust-as-Estate Tax Forms
Published Date: 3/19/2026
Notice
Summary
The IRS wants your thoughts on the paperwork needed when a special kind of trust is treated like part of an estate for taxes. This affects people handling qualified revocable trusts and aims to make the process clearer and less of a hassle. You’ve got until May 18, 2026, to share your ideas—no extra costs, just your feedback to help simplify things!
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
Form 8855 Filing Burden Continues
If you run a for-profit business that files Form 8855 to make a section 645 election for a qualified revocable trust, the IRS is continuing the current information collection with no changes. The notice estimates 15,500 respondents, an average burden of 5 hours 38 minutes per respondent, and a total annual burden of 87,420 hours; the IRS is accepting public comments through May 18, 2026.
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