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TREAS/IRS RIN: 1545-BR73 Publication ID: 2026 
Title: ●Increase in Threshold for Requiring Information Reporting with Respect to Certain Payees 
Abstract:

Updates regulations affected by the increase codified in the One, Big, Beautiful, Bill Act to the reporting threshold in section 6041.

 
Agency: Department of the Treasury(TREAS)  Priority: Economically Significant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: Yes  Unfunded Mandates: No 
EO 14192 Designation: Deregulatory 
CFR Citation: 26 CFR 1.6041-1    26 CFR 1.6041-2    26 CFR 1.6041-7    26 CFR 1.6041-10    26 CFR 1.6041A-1    26 CFR 31.3406(b)(3)-1    ...     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: 26 USC 7805(a)    26 USC 6041(a)    26 USC 6041A(a)    26 USC 3406(i)    26 USC 7805    Pub. L. 119-21    ...   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  04/17/2026  91 FR 20599   
NPRM Comment Period End  06/16/2026 
Final Action  11/00/2026 
Additional Information: REG-113229-25 Drafting attorney: William Prater, (202) 317-6251 Reviewing attorney: Melissa Henkel, (202) 317-5146 Treasury attorney: David Bergman, (202) 705-2463 CC: PA
Regulatory Flexibility Analysis Required: Undetermined  Government Levels Affected: Federal, Local, State, Tribal 
Small Entities Affected: Businesses, Governmental Jurisdictions, Organizations  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
William Jackson Prater
Attorney
Department of the Treasury
Internal Revenue Service
1111 Constitution Avenue NW, Suite 5560A,
Washington, DC 20224
Phone:202 317-6251
Email: william.j.prater@irscounsel.treas.gov