Application for Extension of Time to Furnish Recipient Statements (Form 15397)
New collection (Request for a new OMB Control Number)
No
Regular
07/13/2023
Requested
Previously Approved
36 Months From Approved
20,000
0
14,400
0
0
0
The Secretary may grant an extension of time in which to furnish to employees/contractors the statements required by law. Currently, regulations allow the taxpayer to request an extension of time via letter, however, no official form exists for taxpayers to submit a request for the extension of time to furnish statements to recipients. This form provides taxpayers with more structure which will result in faster processing.
This new form helps bridge the gap between what taxpayers file and the information that the IRS needs to complete their request for an extension. It provides a clear and consistent method for taxpayers to submit their request. An official form will also keep requests uniform in nature which will help IRS assistors process requests more efficiently which results in better customer service for taxpayers. As no form previously existed, taxpayers spent time researching and creating their own presentation for requesting an extension.
$0
No
No
No
No
No
No
No
Matthew Senna 859 320-4582
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.
OMB Supporting Statement 15397 New collection lvd.docx
Application for Extension of Time to Furnish Recipient Statements