Increase in Threshold for Requiring Information Reporting With Respect to Certain Payees; Extension and Modification of Limitation on Wagering Losses; Hearing

What it does

This document provides a notice of public hearing on the notice of proposed rulemaking (REG-113229-25) published in the Federal Register on April 17, 2026. The proposed regulations contain proposed amendments relating to the dollar thresholds in regulations governing information reporting for payments made in the course of a trade or business and the corresponding backup withholding regulations. The proposed regulations also contain proposed amendments to the regulations governing wagering losses.

The Internal Revenue Service's summary, as published in the Federal Register.

What it would change

2 parts of Title 26 of the Code of Federal Regulations:

26 CFR 1, 26 CFR 31

Before this

1 earlier Federal Register document under regulation identifier 1545-BR73 since Jan. 1, 2025.

• April 17, 2026 Notice of proposed rulemaking. Increase in Threshold for Requiring Information Reporting With Respect to Certain Payees; Extension and Modification of Limitation on Wagering Losses

What happens next and when

The hearing is scheduled to be held on July 17, 2026, at 10:00 a.m. Eastern Time (ET). The IRS must receive speakers' outlines of the topics to be discussed by July 7, 2026. If no outlines are received by July 7, 2026, the hearing will be cancelled.

The agency's dates, word for word.

Check it yourself

• The document in the Federal Register
• Docket IRS-2026-0463 on Regulations.gov
• Title 26 on eCFR

The record as published

Source: the Federal Register (public domain). The document in the Federal Register