IRS Seeks Public Comments on Electronic Payee Statements Information Collection

The Internal Revenue Service (IRS) has issued a formal notice under the Paperwork Reduction Act of 1995 (PRA), inviting public comments on a specific information collection request related to electronic payee statements. This notice is a routine procedural step required by the PRA before the IRS can continue or modify an approved information collection activity. Electronic payee statements are documents such as W-2s, 1099s, and similar tax forms that employers and payers are permitted to furnish to recipients in digital format rather than on paper, provided certain consent and delivery requirements are met. The IRS periodically reviews these requirements to assess their necessity, accuracy, and burden on filers and recipients. The public comment period allows individuals, businesses, tax professionals, and advocacy groups to weigh in on whether the current information collection is necessary, whether the burden estimates are accurate, and whether there are ways to reduce compliance costs or improve the process for both issuers and recipients of electronic payee statements. This notice does not enact new law or change existing rules; it is a transparency and public participation mechanism required by federal law to ensure ongoing regulatory collections remain justified and efficient.

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