This Notice provides information to
payees who receive payment of interest on qualified education loans
who are unable to comply with the information reporting
requirements under section 6050S of the Internal Revenue
Code.
US Code:
26
USC 6724 Name of Law: Failure to Comply with Certain
Information Reporting Requirements
US Code: 26
USC 6722 Name of Law: Failure to Furnish Correct Payee
Statements
US Code: 26
USC 6721 Name of Law: Failure to File Correct Information
Returns
Donna Welch 202-622-4910
donna.j.welch@irscounsel.treas.gov
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.