[Federal Register Volume 84, Number 146 (Tuesday, July 30, 2019)]
[Notices]
[Page 37012]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-16055]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 1099-NEC

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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SUMMARY: The Internal Revenue Service, as part of its continuing effort 
to reduce paperwork and respondent burden, invites the general public 
and other Federal agencies to take this opportunity to comment on 
proposed and/or continuing information collections, as required by the 
Paperwork Reduction Act of 1995. Currently, the IRS is soliciting 
comments concerning Form 1099-NEC, Nonemployee Compensation.

DATES: Written comments should be received on or before September 30, 
2019 to be assured of consideration.

ADDRESSES: Direct all written comments to Laurie Brimmer, Internal 
Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 
20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the form and instructions should be directed to Dionne 
McLeod, at (267) 994-5217, Internal Revenue Service, Room 3256, 600 
Arch Street, Philadelphia, PA 19106, or through the internet at 
[email protected].

SUPPLEMENTARY INFORMATION:
    Title: Nonemployee Compensation.
    OMB Number: 1545-0116.
    Form Number: 1099-NEC.
    Abstract: Form 1099-NEC is used to report payments made in the 
course of a trade or business for services performed by someone who is 
not an employee, cash payments for fish and withholding of federal 
income tax under the backup withholding rules.
    Current Actions: The PATH Act accelerated the due date for filing 
of Form 1099 that include nonemployee compensation (NEC) from February 
28 to January 31, and eliminated the automatic 30-day extension for 
forms that include NEC. Continuing to include NEC on Form 1099-MISC 
will increase the submission burden on taxpayers because they will have 
to separate those forms with NEC from those without. It also requires 
analysis of Forms 1099-MISC by the IRS to be able to determine the 
proper due date and apply late filing penalties appropriately. To 
alleviate the burden and eliminate confusion regarding due dates, IRS 
reinstated Form 1099-NEC. There will be a change in the paperwork 
burden previously approved by OMB.
    Type of Review: Reinstatement of a previously approved information 
collection.
    Affected Public: Individuals, business or other for-profit 
organizations, not for-profit institutions, farms and Federal, state, 
local or tribal governments.
    Estimated Number of Respondents: 70,802,480.
    Estimated Time per Respondent: 5 minutes.
    Estimated Total Annual Burden Hours: 5,900,206.
    The following paragraph applies to all of the collections of 
information covered by this notice:
    An agency may not conduct or sponsor, and a person is not required 
to respond to, a collection of information unless the collection of 
information displays a valid OMB control number. Books or records 
relating to a collection of information must be retained as long as 
their contents may become material in the administration of any 
internal revenue law. Generally, tax returns and tax return information 
are confidential, as required by 26 U.S.C. 6103.
    Request for Comments: Comments submitted in response to this notice 
will be summarized and/or included in the request for OMB approval. All 
comments will become a matter of public record. Comments are invited 
on: (a) Whether the collection of information is necessary for the 
proper performance of the functions of the agency, including whether 
the information shall have practical utility; (b) the accuracy of the 
agency's estimate of the burden of the collection of information; (c) 
ways to enhance the quality, utility, and clarity of the information to 
be collected; (d) ways to minimize the burden of the collection of 
information on respondents, including through the use of automated 
collection techniques or other forms of information technology; and (e) 
estimates of capital or start-up costs and costs of operation, 
maintenance, and purchase of services to provide information.

    Approved: July 24, 2019.
Laurie Brimmer,
Senior Tax Analyst.
[FR Doc. 2019-16055 Filed 7-29-19; 8:45 am]
BILLING CODE 4830-01-P