Addendum to Supporting Statement 0731

Addendum to the Supporting Statement for Form SSA-1694

Request for Business Entity Taxpayer Information

OMB No. 0960-0731

Revisions to the Collection Instrument

• Change #1: We are revising the language on page 1, Section 1: Point of Contact (POC) Contact Information, second paragraph:

• Current Language: Before being designated a POC and submitting this form, an individual must have already registered as a representative using form SSA-1699 Representative Registration and received a Representative ID (Rep ID).

• Revised Language: Before being designated as a POC and submitting this form, an individual must have already registered as a representative using form SSA-1699 Representative Registration and received a Representative ID (Rep ID).

Justification #1: We are revising the language to correct a typographical error.

• Change #2: We are revising the language on page 1, Section 3: Banking Information for Direct Deposit:

• Current Language: Enter the name of the bank, the routing, and the account number. For types of Financial Accounts, select he applicable box. “Checking” includes any type of business checking account. “Saving” includes any type of business savings account (e.g., money market)

• Revised Language: Enter the entity’s banking information, including the routing and account number.

Justification #2: We are revising the language to match Treasury’s ACH Transaction Codes and ensure accurate recordation and accounting of all EFT payments to entities.

• Change #3: We are revising the Type of Financial Account” options on page 3, Section 3-Entity Banking Information for Direct Deposit.

  • Current Language: Types of Financial Account:

Checking Savings Money Market other

• Revised Language: Types of Financial Account:

Checking Saving

Justification #3: We are revising the fields to reflect the instruction changes on page 1, Section 3: Banking Information for Direct Deposit, which reflect Treasury’s ACH Transaction Codes and ensure accurate recordation and accounting for all EFT payments to entities.

We will make these revisions upon OMB’s approval. These revisions will not affect the current burden on the respondents reflected in #12 of the Supporting Statement.