[Federal Register Volume 91, Number 34 (Friday, February 20, 2026)]
[Notices]
[Pages 8309-8310]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2026-03376]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Agency Information Collection Activities; Comment Request on 
Distributions From Pensions, Annuities, Retirement or Profit-Sharing 
Plans, IRAs, Insurance Contracts, etc.

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice of information collection; request for comments.

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

DATES: Written comments should be received on or before April 21, 2026 
to be assured of consideration.

ADDRESSES: Direct all written comments to Andres Garcia, Internal 
Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 
20224, or by email to [email protected]. Include OMB control number 
1545-0119 in the subject line of the message.

FOR FURTHER INFORMATION CONTACT: View the latest drafts of the tax 
forms related to the information collection listed in this notice at 
https://www.irs.gov/draft-tax-forms. Requests for additional 
information or copies of the form should be directed to Marcus W. 
McCrary, 470-769-2001.

SUPPLEMENTARY INFORMATION: The IRS, in accordance with the Paperwork 
Reduction Act of 1995 (PRA) (44 U.S.C. 3506(c)(2)(A)), provides the 
general public and Federal agencies with an opportunity to comment on 
proposed, revised, and continuing collections of information. This 
helps the IRS assess the impact and minimize the burden of its 
information collection requirements. 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, and 
viewable on relevant websites. For this reason, please do not include 
in your comments information of a confidential nature, such as 
sensitive personal information. 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

[[Page 8310]]

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.
    Title: Distributions From Pensions, Annuities, Retirement or 
Profit-sharing Plans, IRAs, Insurance Contracts, etc.
    OMB Control Number: 1545-0119.
    Form Number: 1099-R.
    Abstract: Form 1099-R is used to report distributions from 
pensions, annuities, profit-sharing or retirement plans, IRAs, and the 
surrender of insurance contracts. This information is used by the IRS 
to verify that income has been properly reported by the recipient.
    Current Actions: Form 1099-R is being revised to capture 
distributions from a Trump account.
    Type of Review: Revision of a currently approved collection.
    Affected Public: Businesses or other for-profit organizations, not 
for-profit institutions, and Federal, state, local or tribal 
governments.
    Estimated Number of Respondents: 8,000.
    Estimated Number of Responses: 119,920,433.
    Estimated Time per Response: 26 minutes.
    Estimated Total Annual Burden Hours: 51,965,521 hours.

    Dated: February 18, 2026.
Marcus W. McCrary,
Tax Analyst.
[FR Doc. 2026-03376 Filed 2-19-26; 8:45 am]
BILLING CODE 4831-GV-P