IRS seeks comment on extension of QI, WP, WT information collection
The notice, filed as FR Doc 2026-22892, invites comments by Jan. 11, 2027 from individuals, households and for-profit entities subject to the QI, WP and WT system.
The Internal Revenue Service announced a proposed extension of the information collection for the Qualified Intermediary (QI), Withholding Foreign Partnership (WP) and Withholding Foreign Trust (WT) Application and Account Management System (QAAMS). The collection is identified by OMB Control Number 1545-1597 and Form Number 14345 and appears in Federal Register Volume 91, No. 216, pages 72630-72631.
The IRS estimates the collection will involve 1,097,991 respondents, each spending approximately 16 minutes, for a total annual burden of 301,018 hours. The affected public includes individuals or households and business or other for-profit entities.
Written comments must be received on or before January 11, 2027. Submissions should be addressed to Andrés García, IRS, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, and include "OMB Control Number 1545-1597" in the subject line. Comments may also be sent by email. For additional information or copies of the form, contact Marcus W. McCrary at (470) 769-2001.
The notice states there are no changes to the previously approved information collections; the action is solely an extension of a currently approved collection under the Paperwork Reduction Act of 1995. Comments will be summarized and become part of the request for Office of Management and Budget approval.
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