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What does the OMB number mean on a tax return?

OMB Numbers are form and information collection numbers assigned by The Office of Management and Budget. The Office of Management and Budget is the largest office within the Executive Office of the President of the United States.

What does OMB stand for in taxes?

Form 1098 Mortgage Interest Statement - OMB 1545-0901.

What does OMB mean on tax form?

OMB Numbers are form and information collection numbers assigned by The Office of Management and Budget. The Office of Management and Budget is the largest office within the Executive Office of the President of the United States. The OMB generates these Control Numbers under the Paperwork Reduction Act of 1980.

What is the OMB number on 1098?

OMB 1545-0715 Form 1099-B is used by brokers and barter exchanges to report proceeds from transactions to the Internal Revenue Service. The form will be used by IRS to verify compliance with the reporting rules and to verify that the recipient has included the proper amount of income on his or her return.

What is OMB a 94?

The goal of OMB Circular A-94 is to promote efficient resource allocation through well-informed decision-making by the Federal Government. It provides general guidance for conducting benefit-cost and cost-effectiveness analyses.