1 Jul 2025
📄IRS Form 1099-LTC Information Collection Comment Request
Agency Information Collection Activities; Comment Request on Form 1099-LTC-Long-Term Care and Accelerated Death Benefits
Summary
In accordance with the Paperwork Reduction Act of 1995, the IRS is inviting comments on the information collection request outlined in this notice.
Agencies
- Treasury Department
- Internal Revenue Service
Business Impact
$$ - Med
The notice invites comments on Form 1099-LTC, affecting businesses that report long-term care and accelerated death benefits. It highlights compliance requirements and operational burdens related to IRS information collection efforts that could impact financial reporting and administrative processes.