OMB.report

Federal forms, ICRs, and supporting documents

Information Collection Request

Payments From Qualified Education Programs (Under Sections 529 and 530)

ICR 201707-1545-018 · OMB 1545-1760 · Active

Forms and Documents
DocumentTypeStatusAvailability
Form 1099-Q Payments From Qualified Education Programs (Under Sections 529 and 530) Form Modified Repair queued
IRS Publication 6961.pdf Supplementary Document Uploaded 2014-07-23 Repair queued
2017-10-16 SS 1545-1760r.doc Supporting Statement A Uploaded 2017-10-16 Available
IC Document Collections
IC IDCollectionTypeStatusForm
19309 Payments From Qualified Education Programs (Under Sections 529 and 530) Form Modified
ICR Details
1545-1760 201707-1545-018
Active 201403-1545-011
TREAS/IRS
Payments From Qualified Education Programs (Under Sections 529 and 530)
Extension without change of a currently approved collection   No
Regular
Approved without change 04/26/2018
Retrieve Notice of Action (NOA) 11/20/2017
  Inventory as of this Action Requested Previously Approved
04/30/2021 36 Months From Approved 04/30/2018
2,409,500 0 2,409,500
530,090 0 530,090
0 0 0
Form 1099–Q, Payments From Qualified Education Programs (Under Sections 529 and 530), is used to report distributions from private and state qualified tuition programs as required under Internal Revenue Code sections 529 and 530. A Form 1099-Q is filed if you (a) are an officer or an employee, or the designee of an officer or employee, having control of a program established by a state or eligible educational institution; and (b) made a distribution from a qualified tuition program (QTP). A trustee of a Coverdell education savings account (ESA) must file Form 1099-Q to report distributions made from Coverdell ESAs. To lessen the burden for payers, Form 1099-Q was developed to report distributions from private and state qualified tuition programs. A copy of the Form 1099-Q must be furnished to the recipient.
US Code: 26 USC 530 Name of Law: Coverdell education savings accounts
   US Code: 26 USC 529 Name of Law: Qualified tuition programs
  
None
Not associated with rulemaking
  82 FR 26842 06/09/2017
82 FR 50733 11/01/2017
No
  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 2,409,500 2,409,500 0 0 0 0
Annual Time Burden (Hours) 530,090 530,090 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
$8,000
No
    No
    No
No
No
No
Uncollected
Janice Martin 202 622-3312
  No
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
11/20/2017