IRS Seeks Comments on ABLE Program Information Collection for 529A Accounts

What the IRS Notice Covers

On October 15, 2026, the Internal Revenue Service published a notice in the Federal Register inviting public comments on the information collection associated with guidance under Section 529A for qualified ABLE programs. This is not a new regulation but an extension of a previously approved collection under OMB Control Number 1545-2293.

The collection stems from the Stephen Beck, Jr., Achieving a Better Life Experience (ABLE) Act of 2014. It allows states or their agencies to establish tax-favored savings programs. Contributions to an ABLE account benefit an eligible individual with a disability by helping cover qualified disability expenses. These accounts also receive special treatment under certain means-tested federal programs.

Implications for Small Business Owners

Small-business owners may encounter ABLE programs when planning for family members with disabilities. While the programs are designed for individuals, business owners who are also caregivers or have disabled employees might consider how these accounts interact with benefits or compensation planning. The notice itself does not create new obligations for businesses but highlights ongoing reporting and recordkeeping tied to the programs.

The IRS estimates the collection affects individuals or households and states, with approximately 28,987 responses requiring an average of 22 minutes each, for a total annual burden of 10,729 hours. There are no changes to these estimates in the current extension request.

Republic Tax Relief can provide a free, no-obligation initial consultation for business owners who have separate existing IRS or state tax debt questions that fall outside the scope of ABLE program rules; readers should inquire directly about suitability, scope, fees, and availability of private tax-resolution services.

How to Submit Comments

Written comments must be received by December 14, 2026, to ensure consideration. They can be mailed to Andres Garcia at the IRS address in Washington, DC, or emailed with "OMB Control No. 1545-2293" in the subject line.

The IRS welcomes feedback on whether the collection is necessary, the accuracy of burden estimates, ways to improve the information, methods to reduce burden, and any related costs. All comments become public record.

Background on ABLE Programs

Treasury Regulation section 1.529A-2 outlines requirements for qualified ABLE programs and for individuals establishing accounts. The current action is strictly an extension with no modifications to the approved collection.

This notice is part of the Paperwork Reduction Act process, which allows the public and agencies to comment on how the IRS gathers information to minimize burden while ensuring proper administration.