Proposed Collection; Comment Request for Form 1040 and Schedules A, B, C, C-EZ, D, D-1, E, EIC, F, H, J, R, and SE., Form 1040A, Form 1040EZ, Form 1040NR, Form 1040NR-EZ, Form 1040X, and All Attachments to These Forms, 78336-78342 [2011-32303]

Download as PDF 78336 Federal Register / Vol. 76, No. 242 / Friday, December 16, 2011 / Notices ‘‘Blocking Property of Additional Persons Undermining Democratic Processes or Institutions in Zimbabwe,’’ owns, directly or indirectly, a 50 percent or greater interest. Therefore, all property and interests in property of such entities are blocked. DATES: The identification by the Director of OFAC of the two entities named in this notice, pursuant to Executive Order 13469 of July 25, 2008, is effective December 9, 2011. FOR FURTHER INFORMATION CONTACT: Assistant Director, Sanctions Compliance and Evaluation, Office of Foreign Assets Control, Department of the Treasury, Washington, DC 20220, Tel.: (202) 622–2490. SUPPLEMENTARY INFORMATION: Entities • Marange Resources (Private) Limited (a.k.a. Marange Resources; a.k.a. Marange Resources Ltd; a.k.a. Block Wood Mining), MMCZ Building, 90 Mutare Road, Harare, Zimbabwe; P.O. Box 4101, Harare, Zimbabwe; [Zimbabwe]. • Mbada Diamonds (Private) Limited (a.k.a. Mbada Diamond Mining; a.k.a. Mbada Diamonds; a.k.a. Mbada; a.k.a. Condurango Investments Pvt Ltd; a.k.a. Condurango), New Office Park, Block C, Sam Levy’s Village, Borrowdale, Harare, Zimbabwe; P.O. Box CY1342, Causeway, Harare, Zimbabwe; [Zimbabwe]. Dated: December 9, 2011. Adam J. Szubin, Director, Office of Foreign Assets Control. [FR Doc. 2011–32321 Filed 12–15–11; 8:45 am] BILLING CODE 4810–AL–P Electronic and Facsimile Availability DEPARTMENT OF THE TREASURY This document and additional information concerning OFAC are available from OFAC’s Web site (http://www.treas.gov/ofac) or via facsimile through a 24-hour fax-ondemand service, Tel.: (202) 622–0077. Internal Revenue Service jlentini on DSK4TPTVN1PROD with NOTICES Background On July 25, 2008, the President issued Executive Order 13469 with respect to Zimbabwe pursuant to, inter alia, the International Emergency Economic Powers Act (50 U.S.C. 1701–06). In the Order, the President took additional steps with respect to the national emergency declared in Executive Order 13288 of March 6, 2003, and relied upon for additional steps taken in Executive Order 13391 of November 22, 2005, in order to address the continued political repression and the undermining of democratic processes and institutions in Zimbabwe. Section 1 of the Order blocks, with certain exceptions, all property, and interests in property, that are in, or hereafter come within, the United States or the possession or control of United States persons for persons determined by the Director of OFAC, after consultation with the Secretary of State, to satisfy any of the criteria set forth in subparagraphs (a)(i) through (a)(viii) of Section 1. On December 9, 2011, the Director of OFAC identified two entities in which the Zimbabwe Mining Development Corporation, an entity whose property and interests in property are blocked pursuant to Executive Order 13469, owns, directly or indirectly, a 50 percent or greater interest. Therefore, all property and interests in property of such entities are blocked. The list of blocked entities is as follows: VerDate Mar<15>2010 19:01 Dec 15, 2011 Jkt 226001 Proposed Collection; Comment Request for Form 1040 and Schedules A, B, C, C–EZ, D, D–1, E, EIC, F, H, J, R, and SE., Form 1040A, Form 1040EZ, Form 1040NR, Form 1040NR–EZ, Form 1040X, and All Attachments to These Forms Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. AGENCY: The Internal Revenue Service, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and continuing information collections, as required by the Paperwork Reduction Act of 1995 (PRA), Public Law 104–13 (44 U.S.C. 3506(c)(2)(A)). This notice requests comments on all forms used by individual taxpayers: Form 1040, U.S. Individual Income Tax Return, and Schedules A, B, C, C–EZ, D, D–1, E, EIC, F, H, J, R, and SE; Form 1040A; Form 1040EZ; Form 1040NR; Form 1040NR– EZ; Form 1040X; and all attachments to these forms (see the Appendix to this notice). DATES: Written comments should be received on or before February 14, 2012 to be assured of consideration. ADDRESSES: Direct all written comments to The OMB Unit, SE:W:CAR:MP:T:T:SP, Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington, DC 20224. FOR FURTHER INFORMATION CONTACT: Requests for additional information should be directed to Chief, SUMMARY: PO 00000 Frm 00112 Fmt 4703 Sfmt 4703 RAS:R:TAM, NCA 7th Floor, Internal Revenue Service, 1111 Constitution Avenue NW., Washington, DC 20224. SUPPLEMENTARY INFORMATION: PRA Approval of Forms Used by Individual Taxpayers Under the PRA, OMB assigns a control number to each ’’collection of information’’ that it reviews and approves for use by an agency. The PRA also requires agencies to estimate the burden for each collection of information. Burden estimates for each control number are displayed in (1) PRA notices that accompany collections of information, (2) Federal Register notices such as this one, and (3) OMB’s database of approved information collections. Taxpayer Burden Model The Individual Taxpayer Burden Model (ITBM) estimates burden experienced by individual taxpayers when complying with Federal tax laws and incorporates results from a survey of tax year 2007 individual taxpayers, conducted in 2008 and 2009. The approach to measuring burden focuses on the characteristics and activities undertaken by individual taxpayers in meeting their tax return filing obligations. Burden is defined as the time and outof-pocket costs incurred by taxpayers in complying with the Federal tax system and are estimated separately. Out-ofpocket costs include any expenses incurred by taxpayers to prepare and submit their tax returns. Examples include tax return preparation fees, the purchase price of tax preparation software, submission fees, photocopying costs, postage, and phone calls (if not toll-free). The methodology distinguishes among preparation method, taxpayer activities, taxpayer type, filing method, and income level. Indicators of tax law and administrative complexity, as reflected in the tax forms and instructions, are incorporated into the model. Preparation methods reflected in the model are as follows: • Self-prepared without software, • Self-prepared with software, and • Use of a paid preparer or tax professional. Types of taxpayer activities reflected in the model are as follows: • Recordkeeping, • Tax planning, • Gathering tax materials, • Use of services (IRS and other), • Form completion, and • Form submission (electronic and paper). E:\FR\FM\16DEN1.SGM 16DEN1 jlentini on DSK4TPTVN1PROD with NOTICES Federal Register / Vol. 76, No. 242 / Friday, December 16, 2011 / Notices Taxpayer Burden Estimates Summary level results using this methodology are presented in Table 1 below. The data shown are the best forward-looking estimates available for income tax returns filed for tax year 2011. Note that the estimates presented in this table differ from those published in the tax form instructions and publications. Revised estimates presented herein reflect legislation approved after the IRS Forms and Publications print deadline. Table 1 shows burden estimates based upon current statutory requirements as of October 21, 2011 for taxpayers filing a 2011 Form 1040, 1040A, or 1040EZ tax return. Time spent and out-of-pocket costs are presented separately. Time burden is broken out by taxpayer activity, with record keeping representing the largest component. Out-of-pocket costs include any expenses incurred by taxpayers to prepare and submit their tax returns. Examples include tax return preparation and submission fees, postage and photocopying costs, and tax preparation software costs. While these estimates do not include burden associated with post-filing activities, IRS operational data indicate that electronically prepared and filed returns have fewer arithmetic errors, implying lower postfiling burden. Reported time and cost burdens are national averages and do not necessarily reflect a ‘‘typical’’ case. Most taxpayers experience lower than average burden, with taxpayer burden varying considerably by taxpayer type. For instance, the estimated average time burden for all taxpayers filing a Form 1040, 1040A, or 1040EZ is 18 hours, with an average cost of $230 per return. This average includes all associated forms and schedules, across all preparation methods and taxpayer activities. The average burden for taxpayers filing Form 1040 is about 22 hours and $290; the average burden for taxpayers filing Form 1040A is about 10 hours and $120; and the average for Form 1040EZ filers is about 7 hours and $50. Within each of these estimates there is significant variation in taxpayer activity. For example, non-business taxpayers are expected to have an average burden of about 12 hours and $150, while business taxpayers are expected to have an average burden of about 32 hours and $410. Similarly, tax preparation fees and other out-of-pocket costs vary extensively depending on the tax situation of the taxpayer, the type of software or professional preparer used, and the geographic location. VerDate Mar<15>2010 16:42 Dec 15, 2011 Jkt 226001 The estimates include burden for activities up through and including filing a return but do not include burden associated with post-filing activities. However, operational IRS data indicate that electronically prepared and e-filed returns have fewer arithmetic errors, implying a lower associated post-filing burden. Proposed PRA Submission to OMB Title: U.S. Individual Income Tax Return. OMB Number: 1545–0074. Form Numbers: Form 1040 and Schedules A, B, C, C–EZ, D, D–1, E, EIC, F, H, J, R, and SE; Form 1040A; Form 1040EZ; Form 1040NR; Form 1040NR– EZ, Form 1040X; and all attachments to these forms (see the Appendix to this notice). Abstract: These forms are used by individuals to report their income tax liability. The data is used to verify that the items reported on the forms are correct, and also for general statistical use. Current Actions: The change in estimated aggregate compliance burden can be explained by three major sources—technical adjustments, statutory changes, and discretionary agency (IRS) actions. Technical Adjustments—The largest adjustments are from incorporation of new taxpayer data, updated forecasting targets, and refinements to the estimation methodology. The incorporation of new taxpayer data to better reflect the impact of the current economic environment provides the largest adjustment. Statutory Changes—The primary drivers for the statutory changes are credits provided in the American Recovery and Reinvestment Act (ARRA) of 2009 and implementation of new reporting requirements in the Emergency Economic Stabilization Act of 2008. The provisions listed below are more than offset by the impact of the expiring ARRA provision. Primary examples include: New or Changed Provisions Capital Gains and Losses: In most cases, transactions for capital gains and losses must now be entered on the new Form 8949 and the subtotal of the sales price, basis, and adjustment amounts from Form 8949 are carried to the Schedule D. Up to six separate Forms 8949 could be required depending on the holding period of the assets, whether or not basis related to the transaction was reported by the broker, and whether a reporting document was received for the transaction. These PO 00000 Frm 00113 Fmt 4703 Sfmt 4703 78337 changes were made to coincide with the new Form 1099–B basis reporting. The number of filers affected: 21,000,000. Alternative Minimum Tax: The AMT exemption amount was increased to $48,450 ($74,450 if married filing jointly or a qualified widow; $37,225 if married filing separately). Had this legislation not been enacted, at least 20 million additional taxpayers would have been required to file Form 6251, Alternative Minimum Tax. Expired Provisions The Making Work Pay Credit expired. The number of filers who claimed this provision in 2010: 100,000,000. IRS Discretionary Changes—IRS discretionary changes include expanded e-file availability, registration fees for paid preparers, and fees for a new competency exam for certain preparers. Discretionary changes also include a change for the repayment of the firsttime homebuyer credit. Repayment may now be made without attaching Form 5405. The number of filers affected: 550,000. These initiatives have a net effect of a slight decrease in time that is not shown due to rounding as well as a net effect of increasing money burden. Total—Taken together, the changes discussed above have decreased the total reported burden by 22,000,000 hours. Type of Review: Revision of currently approved collections. Affected Public: Individuals or households. Estimated Number of Respondents: 153,200,000. Total Estimated Time: 2.679 billion hours (2,679,000,000 hours). Estimated Time Per Respondent: 17.49 hours. Total Estimated Out-of-Pocket Costs: $34.131 billion ($34,131,000,000). Estimated Out-of-Pocket Cost per Respondent: $230. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless the collection of information displays a valid OMB Control Number. Books or records relating to a collection of information must be retained as long as their contents may become material in the administration of any internal revenue law. Generally, tax returns and tax return information are confidential, as required by 26 U.S.C. 6103. Request for Comments Comments submitted in response to this notice will be summarized and/or E:\FR\FM\16DEN1.SGM 16DEN1 78338 Federal Register / Vol. 76, No. 242 / Friday, December 16, 2011 / Notices included in the request for OMB approval. All comments will become a matter of public record. Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information will have practical utility; (b) the accuracy of the agency’s estimate of the burden of the collection of information; (c) ways to enhance the quality, utility, and clarity of the information to be collected; (d) ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or other forms of information technology; and (e) estimates of capital or start-up costs and costs of operation, maintenance, and purchase of services to provide information. Approved: December 12, 2011. Yvette Lawrence, IRS Supervisory Tax Analyst. TABLE 1—ESTIMATED AVERAGE TAXPAYER BURDEN FOR INDIVIDUALS BY ACTIVITY [The average time and costs required to; complete and file Form 1040, Form 1040A, Form 1040EZ, their schedules, and accompanying forms will vary depending on individual circumstances. The estimated averages are:] Average time burden (hours) Primary form filed or type of taxpayer Percentage of returns Total time * 100 68 19 13 70 30 18.0 22.0 10.0 7.0 12.0 32.0 All taxpayers Primary forms filed ....................................... 1040 ......................................... 1040A ....................................... 1040EZ ..................................... Nonbusiness *** ........................ Business *** .............................. Record keeping Tax planning 8.0 10.0 4.0 2.0 5.0 16.0 Form completion 2.0 3.0 1.0 1.0 2.0 4.0 Form submission 4.0 4.0 3.0 2.0 3.0 6.0 All other 1.0 1.0 1.0 1.0 1.0 1.0 Average cost (dollars) ** 3.0 3.0 2.0 1.0 2.0 4.0 $230 290 120 50 150 410 Detail may not add to total time due to rounding. Dollars rounded to the nearest $10. * A ‘‘business’’ filer files one or more of the following with Form 1040: Schedule C, C–EZ, E, F, Form 2106, or 2106–EZ. A ‘‘non-business’’ filer does not file any of these schedules or forms with Form 1040 or if you file Form 1040A or 1040EZ. TABLE 2—ICB ESTIMATES FOR THE 1040/A/EZ/NR/NR–EZ/X [Series of returns and supporting forms and schedules] FY 2012 Previously approved FY11 Number of Taxpayers ............................ Burden in Hours ..................................... Burden in Dollars ................................... Program change due to adjustment 146,700,000 2,701,000,000 35,193,000,000 6,500,000 16,000,000 (673,000,000) Program change due to new legislation Program change due to agency .............................. (37,000,000) (418,000,000) .............................. .............................. 29,000,000 FY12 153,200,000 2,679,000,000 34,131,000,000 APPENDIX Forms Filed by individuals and others 673 ..................................................................... ........................ jlentini on DSK4TPTVN1PROD with NOTICES 926 970 972 982 ..................................................................... ..................................................................... ..................................................................... ..................................................................... 1040 ................................................................... 1040 SCH A ....................................................... 1040 SCH B ....................................................... 1040 SCH C ...................................................... 1040 SCH C–EZ ................................................ 1040 SCH D ...................................................... 1040 SCH D–1 .................................................. 1040 SCH E ....................................................... 1040 SCH EIC ................................................... 1040 SCH F ....................................................... 1040 SCH H ...................................................... 1040 SCH J ....................................................... 1040 SCH R ...................................................... 1040 SCH SE .................................................... 1040 A ............................................................... 1040ES (NR) ..................................................... 1040ES (PR) ...................................................... VerDate Mar<15>2010 16:42 Dec 15, 2011 Jkt 226001 Title X X X X ........................ ........................ ........................ X X ........................ ........................ X ........................ X X ........................ ........................ ........................ ........................ ........................ ........................ PO 00000 Frm 00114 Statement for Claiming Exemption From Withholding on Foreign Earned Income Eligible for the Exclusions Provided by Section 911. Return by a U.S. Transferor of Property to a Foreign Corporation. Application To Use LIFO Inventory Method. Consent of Shareholder To Include Specific Amount in Gross Income. Reduction of Tax Attributes Due To Discharge of Indebtedness (and Section 1082 Basis Adjustment). U.S. Individual Income Tax Return. Itemized Deductions. Interest and Ordinary Dividends. Profit or Loss From Business. Net Profit From Business. Capital Gains and Losses. Continuation Sheet for Schedule D. Supplemental Income and Loss. Earned Income Credit. Profit or Loss From Farming. Household Employment Taxes. Income Averaging for Farmers and Fishermen. Credit for the Elderly or the Disabled. Self-Employment Tax. U.S. Individual Income Tax Return. U.S. Estimated Tax for Nonresident Alien Individuals. Estimated Federal Tax on Self Employment Income and on Household Employees (Residents of Puerto Rico). Fmt 4703 Sfmt 4703 E:\FR\FM\16DEN1.SGM 16DEN1 Federal Register / Vol. 76, No. 242 / Friday, December 16, 2011 / Notices 78339 APPENDIX—Continued Filed by individuals and others Forms Title 1040 1040 1040 1040 1040 1040 1040 1040 1045 1116 1127 1128 1310 2106 2106 2120 2210 2210 2350 2350 ES–OCR–V ............................................... ES–OTC ................................................... EZ ............................................................. NR ............................................................. NR–EZ ...................................................... V ............................................................... V–OCR–ES ............................................... X ............................................................... ................................................................... ................................................................... ................................................................... ................................................................... ................................................................... ................................................................... EZ ............................................................. ................................................................... ................................................................... F ................................................................ ................................................................... SP ............................................................. ........................ ........................ ........................ ........................ ........................ ........................ ........................ ........................ X X X X ........................ ........................ ........................ ........................ X X ........................ ........................ 2439 2441 2555 2555 2848 3115 3468 3520 ................................................................... ................................................................... ................................................................... EZ ............................................................. ................................................................... ................................................................... ................................................................... ................................................................... X ........................ ........................ ........................ X X X X 3800 ................................................................... 3903 ................................................................... 4029 ................................................................... X ........................ ........................ 4070 4136 4137 4255 4361 A ............................................................... ................................................................... ................................................................... ................................................................... ................................................................... ........................ X ........................ X ........................ 4562 4563 4684 4797 4835 4852 ................................................................... ................................................................... ................................................................... ................................................................... ................................................................... ................................................................... X ........................ X X ........................ X 4868 ................................................................... ........................ 4868 SP ............................................................. ........................ 4952 4970 4972 5074 X X X ........................ ................................................................... ................................................................... ................................................................... ................................................................... X 5329 ................................................................... jlentini on DSK4TPTVN1PROD with NOTICES 5213 ................................................................... ........................ 5405 ................................................................... 5471 ................................................................... ........................ X 5471 SCH J ....................................................... 5471 SCH M ...................................................... X X 5471 SCH O ...................................................... X 5695 ................................................................... ........................ VerDate Mar<15>2010 16:42 Dec 15, 2011 Jkt 226001 PO 00000 Frm 00115 Payment Voucher. Estimated Tax for Individuals. Income Tax Return for Single and Joint Filers With No Dependents. U.S. Nonresident Alien Income Tax Return. U.S. Income Tax Return for Certain Nonresident Aliens With No Dependents. Payment Voucher. Payment Voucher. Amended U.S. Individual Income Tax Return. Application for Tentative Refund. Foreign Tax Credit. Application For Extension of Time For Payment of Tax Application To Adopt, Change, or Retain a Tax Year. Statement of Person Claiming Refund Due a Deceased Taxpayer. Employee Business Expenses. Unreimbursed Employee Business Expenses. Multiple Support Declaration. Underpayment of Estimated Tax by Individuals, Estates, and Trusts. Underpayment of Estimated Tax by Farmers and Fishermen. Application for Extension of Time To File U.S. Income Tax Return. ´ ´ Solicitud de Prorroga para Presentar la Declaracion del Impuesto Personal sobre el Ingreso de los Estados Unidos. Notice to Shareholder of Undistributed Long-Term Capital Gains. Child and Dependent Care Expenses. Foreign Earned Income. Foreign Earned Income Exclusion. Power of Attorney and Declaration of Representative. Application for Change in Accounting Method. Investment Credit. Annual Return To Report Transactions With Foreign Trusts and Receipt of Certain Foreign Gifts General Business Credit. Moving Expenses. Application for Exemption From Social Security and Medicare Taxes and Waiver of Benefits. Employee’s Daily Record of Tips. Credit for Federal Tax Paid On Fuels. Social Security and Medicare Tax on Unreported Tip Income. Recapture of Investment Credit. Application for Exemption From Self-Employment Tax for Use by Ministers, Members of Religious Orders, and Christian Science Practitioners. Depreciation and Amortization. Exclusion of Income for Bona Fide Residents of American Samoa. Casualties and Thefts. Sales of Business Property. Farm Rental Income and Expenses. Substitute for Form W–2, Wage and Tax Statement or Form 1099–R, Distributions From Pension Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc. Application for Automatic Extension of Time To File Individual U.S. Income Tax Return. ´ ´ ´ Solicitud de Prorroga Automatica para Presentar la Declaracion del Impuesto sobre el Ingreso Personal de los Estados Unidos. Investment Interest Expense Deduction. Tax on Accumulation Distribution of Trusts. Tax on Lump-Sum Distributions. Allocation of Individual Income Tax To Guam or the Commonwealth of the Northern Mariana Islands (CNMI). Election To Postpone Determination as To Whether the Presumption Applies That an Activity Is Engaged in for Profit. Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts. First-Time Homebuyer Credit. Information Return of U.S. Persons With Respect To Certain Foreign Corporations. Accumulated Earnings and Profits (E&P) of Controlled Foreign Corporation. Transactions Between Controlled Foreign Corporation and Shareholders or Other Related Persons. Organization or Reorganization of Foreign Corporation, and Acquisitions and Dispositions of Its Stock. Residential Energy Credits. Fmt 4703 Sfmt 4703 E:\FR\FM\16DEN1.SGM 16DEN1 78340 Federal Register / Vol. 76, No. 242 / Friday, December 16, 2011 / Notices APPENDIX—Continued Filed by individuals and others Forms ................................................................... SCH A ....................................................... SCH B ....................................................... SCH C ...................................................... ................................................................... ................................................................... ................................................................... ................................................................... ................................................................... ................................................................... ................................................................... ................................................................... ................................................................... X X X X X X X ........................ X X X X X 8275 ................................................................... 8275 R ............................................................... 8283 ................................................................... 8332 ................................................................... 8379 ................................................................... 8396 ................................................................... 8453 ................................................................... 8582 ................................................................... 8582 CR ............................................................. 8586 ................................................................... 8594 ................................................................... 8606 ................................................................... 8609–A ............................................................... 8611 ................................................................... 8615 ................................................................... 8621 ................................................................... X X X ........................ ........................ ........................ ........................ X X X X ........................ X X ........................ X 8621–A ............................................................... X 8689 ................................................................... 8693 ................................................................... 8697 ................................................................... ........................ X X 8801 8812 8814 8815 ................................................................... ................................................................... ................................................................... ................................................................... X ........................ ........................ ........................ 8818 ................................................................... ........................ 8820 8821 8822 8824 8826 8828 8829 8832 8833 8834 8835 8838 ................................................................... ................................................................... ................................................................... ................................................................... ................................................................... ................................................................... ................................................................... ................................................................... ................................................................... ................................................................... ................................................................... ................................................................... X X X X X ........................ ........................ X X X X X 8839 8840 8843 8844 8845 8846 jlentini on DSK4TPTVN1PROD with NOTICES 5713 5713 5713 5713 5754 5884 6198 6251 6252 6478 6765 6781 8082 Title ................................................................... ................................................................... ................................................................... ................................................................... ................................................................... ................................................................... ........................ ........................ ........................ X X X 8847 8853 8854 8858 ................................................................... ................................................................... ................................................................... ................................................................... X ........................ ........................ X 8858 SCH M ...................................................... VerDate Mar<15>2010 16:42 Dec 15, 2011 Jkt 226001 PO 00000 X Frm 00116 International Boycott Report. International Boycott Factor (Section 999(c)(1)). Specifically Attributable Taxes and Income (Section 999(c)(2)). Tax Effect of the International Boycott Provisions. Statement by Person(s) Receiving Gambling Winnings. Work Opportunity Credit. At-Risk Limitations. Alternative Minimum Tax—Individuals. Installment Sale Income. Credit for Alcohol Used As Fuel. Credit for Increasing Research Activities. Gains and Losses From Section 1256 Contracts and Straddles. Notice of Inconsistent Treatment or Administrative Adjustment Request (AAR). Disclosure Statement. Regulation Disclosure Statement. Noncash Charitable Contributions. Release of Claim to Exemption for Child of Divorced or Separated Parents. Injured Spouse Claim and Allocation. Mortgage Interest Credit. U.S. Individual Income Tax Declaration for an IRS e-file Return. Passive Activity Loss Limitations. Passive Activity Credit Limitations. Low-Income Housing Credit. Asset Acquisition Statement. Nondeductible IRAs. Annual Statement for Low-Income Housing Credit. Recapture of Low-Income Housing Credit. Tax for Certain Children Who Have Investment Income of More Than $1,800. Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. Late Deemed Dividend or Deemed Sale Election by a Passive Foreign Investment Company. Allocation of Individual Income Tax To the Virgin Islands. Low-Income Housing Credit Disposition Bond. Interest Computation Under the Look-Back Method for Completed Long-Term Contracts. Credit for Prior Year Minimum Tax—Individuals, Estates, and Trusts. Additional Child Tax Credit. Parents’ Election To Report Child’s Interest and Dividends. Exclusion of Interest From Series EE and I U.S. Savings Bonds Issued After 1989. Optional Form To Record Redemption of Series EE and I U.S. Savings Bonds Issued After 1989. Orphan Drug Credit. Tax Information Authorization. Change of Address. Like-Kind Exchanges. Disabled Access Credit. Recapture of Federal Mortgage Subsidy. Expenses for Business Use of Your Home. Entity Classification Election. Treaty-Based Return Position Disclosure Under Section 6114 or 7701(b) Qualified Electric Vehicle Credit. Renewable Electricity and Refined Coal Production Credit. Consent To Extend the Time To Assess Tax Under Section 367—Gain Recognition Statement. Qualified Adoption Expenses. Closer Connection Exception Statement for Aliens. Statement for Exempt Individuals and Individuals With a Medical Condition. Empowerment Zone and Renewal Community Employment Credit. Indian Employment Credit. Credit for Employer Social Security and Medicare Taxes Paid on Certain Employee Tips. Credit for Contributions to Selected Community Development Corporations. Archer MSAs and Long-Term Care Insurance Contracts. Initial and Annual Expatriation Information Statement. Information Return of U.S. Persons With Respect to Foreign Disregarded Entities. Transactions Between Controlled Foreign Disregarded Entity and Filer or Other Related Entities. Fmt 4703 Sfmt 4703 E:\FR\FM\16DEN1.SGM 16DEN1 Federal Register / Vol. 76, No. 242 / Friday, December 16, 2011 / Notices 78341 APPENDIX—Continued Filed by individuals and others Forms Title ................................................................... ................................................................... ................................................................... ................................................................... ................................................................... ................................................................... ................................................................... SCH K–1 ................................................... SCH O ...................................................... SCH P ....................................................... ................................................................... ........................ X X ........................ ........................ X X X X X X 8873 8874 8878 8878 ................................................................... ................................................................... ................................................................... SP ............................................................. X X ........................ ........................ 8879 8879 8880 8881 8882 8885 8886 8888 8889 8891 ................................................................... SP ............................................................. ................................................................... ................................................................... ................................................................... ................................................................... ................................................................... ................................................................... ................................................................... ................................................................... ........................ ........................ ........................ X X ........................ X ........................ ........................ ........................ 8896 ................................................................... 8898 ................................................................... X ........................ 8900 ................................................................... 8903 ................................................................... 8906 ................................................................... 8907 ................................................................... 8908 ................................................................... 8910 ................................................................... 8911 ................................................................... 8914 ................................................................... 8915 ................................................................... 8917 ................................................................... 8919 ................................................................... 8925 ................................................................... 8931 ................................................................... 8932 ................................................................... 9465 ................................................................... 9465 SP ............................................................. Notice 2006–52 .................................................. Notice 160920–05 .............................................. Pub 972 Tables ................................................. REG–149856–03 ............................................... X X ........................ ........................ ........................ ........................ ........................ ........................ ........................ ........................ ........................ X X X ........................ ........................ ........................ ........................ ........................ ........................ SS–4 .................................................................. SS–8 .................................................................. jlentini on DSK4TPTVN1PROD with NOTICES 8859 8860 8861 8862 8863 8864 8865 8865 8865 8865 8866 X X T (Timber) .......................................................... W–4 .................................................................... W–4 P ................................................................ W–4 S ................................................................ W –4 SP ............................................................ W–4 V ................................................................ W–7 .................................................................... W–7 A ................................................................ W–7 SP .............................................................. X ........................ ........................ ........................ ........................ ........................ ........................ ........................ ........................ VerDate Mar<15>2010 19:01 Dec 15, 2011 Jkt 226001 PO 00000 Frm 00117 District of Columbia First-Time Homebuyer Credit. Qualified Zone Academy Bond Credit. Welfare-to-Work Credit. Information To Claim Earned Income Credit After Disallowance. Education Credits. Biodiesel Fuels Credit. Return of U.S. Persons With Respect to Certain Foreign Partnerships. Partner’s Share of Income, Credits, Deductions, etc. Transfer of Property to a Foreign Partnership. Acquisitions, Dispositions, and Changes of Interests in a Foreign Partnership. Interest Computation Under the Look-Back Method for Property Depreciated Under the Income Forecast Method. Extraterritorial Income Exclusion. New Markets Credit. IRS e-file Signature Authorization for Form 4868 or Form 2350. Autorizacion de firma para presentar por medio del IRS e-file para el Formulario 4868(SP) o el Formulario 2350(SP). IRS e-file Signature Authorization. Autorizacion de firma para presentar la Declaracion por medio del IRS e-file. Credit for Qualified Retirement Savings Contributions. Credit for Small Employer Pension Plan Startup Costs. Credit for Employer-Provided Childcare Facilities and Services. Health Coverage Tax Credit. Reportable Transaction Disclosure Statement. Allocation of Refund (Including Savings Bond Purchases. Health Savings Accounts (HSAs). U.S. Information Return for Beneficiaries of Certain Canadian Registered Retirement Plans. Low Sulfur Diesel Fuel Production Credit. Statement for Individuals Who Begin or End Bona Fide Residence in a U.S. Possession. Qualified Railroad Track Maintenance Credit. Domestic Production Activities Deduction. Distills Spirits Credit. Nonconventional Source Fuel Credit. Energy Efficient Home Credit. Alternative Motor Vehicle Credit. Alternative Fuel Vehicle Refueling Property Credit. Exemption Amount for Taxpayers Housing Midwestern Displaced Individuals. Qualified Hurricane Retirement Plan Distribution and Repayments. Tuition and Fees Deduction. Uncollected Social Security and Medicare Tax on Wages. Report of Employer-Owned Life Insurance Contracts. Agricultural Chemicals Security Credit. Credit for Employer Differential Wage Payments. Installment Agreement Request. Solicitud para un Plan de Pagos a Plazos. Deduction for Energy Efficient Commercial Buildings. Child Tax Credit. Notice of Proposed Rulemaking Dependent Child of Divorced or Separated Parents or Parents Who Live Apart. Application for Employer Identification Number. Determination of Worker Status for Purposes of Federal Employment Taxes and Income Tax Withholding. Forest Activities Schedules. Employee’s Withholding Allowance Certificate. Withholding Certificate for Pension or Annuity Payments. Request for Federal Income Tax Withholding From Sick Pay. Certificado de Exencion de la Retencion del Empleado. Voluntary Withholding Request. Application for IRS Individual Taxpayer Identification Number. Application for Taxpayer Identification Number for Pending U.S. Adoptions. Solicitud de Numero de Identicacion Personal del Contribuyente del Servicio de Impuestos Internos. Fmt 4703 Sfmt 4703 E:\FR\FM\16DEN1.SGM 16DEN1 78342 Federal Register / Vol. 76, No. 242 / Friday, December 16, 2011 / Notices Forms Removed From this ICR: llllllllllllllllll l llllllllllllllllll l llllllllllllllllll l Reason for Removal: llllllllllllllllll l llllllllllllllllll l llllllllllllllllll l Forms Added to This ICR: 9465–FS, 9465–FS (SP) Installment Agreement Request Justification for Addition: llllllllllllllllll l llllllllllllllllll l [FR Doc. 2011–32303 Filed 12–15–11; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Notice 2011–65 Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. AGENCY: The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 104–13 (44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning Notice 2011–65, Alabama Low-Income Housing Relief Credit. DATES: Written comments should be received on or before February 14, 2012 to be assured of consideration. ADDRESSES: Direct all written comments to Yvette Lawrence, Internal Revenue Service, room 6129, 1111 Constitution Avenue NW., Washington, DC 20224. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of notice should be directed to Allan Hopkins, at (202) 622–6665, or at Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington, DC 20224, or through the internet, at Allan.M.Hopkins@irs.gov. SUPPLEMENTARY INFORMATION: jlentini on DSK4TPTVN1PROD with NOTICES SUMMARY: VerDate Mar<15>2010 19:01 Dec 15, 2011 Jkt 226001 Title: Alabama Low-Income Housing Relief Credit. OMB Number: 1545–2216. Notice Number: Notice 2011–65. Abstract: The Internal Revenue Service is suspending certain requirements under § 42 of the Internal Revenue Code for low-income housing credit projects in the United States to provide emergency housing relief needed as a result of the devastation caused by severe storms, tornadoes, straight-line winds and flooding in Alabama beginning on April 15, 2011. Current Actions: There are no changes being made to the notice at this time. Type of Review: Extension of a currently approved collection. Affected Public: Individuals or Households. Estimated Number of Respondents: 600. Estimated Average Time per Respondent: 15 minutes. Estimated Total Annual Burden Hours: 150. The following paragraph applies to all of the collections of information covered by this notice: An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless the collection of information displays a valid OMB control number. Books or records relating to a collection of information must be retained as long as their contents may become material in the administration of any internal revenue law. Generally, tax returns and tax return information are confidential, as required by 26 U.S.C. 6103. Request for Comments: Comments submitted in response to this notice will be summarized and/or included in the request for OMB approval. All comments will become a matter of public record. Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information shall have practical utility; (b) the accuracy of the agency’s estimate of the burden of the collection of information; (c) ways to enhance the quality, utility, and clarity of the information to be collected; (d) ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or other forms of information technology; and (e) estimates of capital or start-up costs and costs of operation, PO 00000 Frm 00118 Fmt 4703 Sfmt 9990 maintenance, and purchase of services to provide information. Approved: December 13, 2011. Yvette Lawrence, IRS Reports Clearance Officer. [FR Doc. 2011–32307 Filed 12–15–11; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Open Meeting of the Taxpayer Advocacy Panel Face-to-Face Service Methods Project Committee Internal Revenue Service (IRS), Treasury. ACTION: Notice of Meeting. AGENCY: An open meeting of the Taxpayer Advocacy Panel Face-to-Face Service Methods Project Committee will be conducted. The Taxpayer Advocacy Panel is soliciting public comments, ideas, and suggestions on improving customer service at the Internal Revenue Service. DATES: The meeting will be held Tuesday, January 10, 2012. FOR FURTHER INFORMATION CONTACT: Donna Powers at 1–(888) 912–1227 or (954) 423–7977. SUPPLEMENTARY INFORMATION: Notice is hereby given pursuant to Section 10(a)(2) of the Federal Advisory Committee Act, 5 U.S.C. App. (1988) that a meeting of the Taxpayer Advocacy Panel Face-to-Face Service Methods Project Committee will be held Tuesday, January 10, 2012, at 2 p.m. Eastern Time via telephone conference. The public is invited to make oral comments or submit written statements for consideration. Due to limited conference lines, notification of intent to participate must be made with Donna Powers. For more information please contact Ms. Powers at 1–(888) 912–1227 or (954) 423–7977, or write TAP Office, 1000 South Pine Island Road, Suite 340, Plantation, FL 33324, or contact us at the web site: http://www.improveirs.org. The agenda will include various IRS Issues. SUMMARY: Dated: December 12, 2011. Linda Rivera, Acting Director, Taxpayer Advocacy Panel. [FR Doc. 2011–32311 Filed 12–15–11; 8:45 am] BILLING CODE 4830–01–P E:\FR\FM\16DEN1.SGM 16DEN1

Agencies

[Federal Register Volume 76, Number 242 (Friday, December 16, 2011)]
[Notices]
[Pages 78336-78342]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-32303]


-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 1040 and Schedules 
A, B, C, C-EZ, D, D-1, E, EIC, F, H, J, R, and SE., Form 1040A, Form 
1040EZ, Form 1040NR, Form 1040NR-EZ, Form 1040X, and All Attachments to 
These Forms

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

-----------------------------------------------------------------------

SUMMARY: The Internal Revenue Service, as part of its continuing effort 
to reduce paperwork and respondent burden, invites the general public 
and other Federal agencies to take this opportunity to comment on 
proposed and continuing information collections, as required by the 
Paperwork Reduction Act of 1995 (PRA), Public Law 104-13 (44 U.S.C. 
3506(c)(2)(A)). This notice requests comments on all forms used by 
individual taxpayers: Form 1040, U.S. Individual Income Tax Return, and 
Schedules A, B, C, C-EZ, D, D-1, E, EIC, F, H, J, R, and SE; Form 
1040A; Form 1040EZ; Form 1040NR; Form 1040NR-EZ; Form 1040X; and all 
attachments to these forms (see the Appendix to this notice).

DATES: Written comments should be received on or before February 14, 
2012 to be assured of consideration.

ADDRESSES: Direct all written comments to The OMB Unit, 
SE:W:CAR:MP:T:T:SP, Internal Revenue Service, Room 6129, 1111 
Constitution Avenue NW., Washington, DC 20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information 
should be directed to Chief, RAS:R:TAM, NCA 7th Floor, Internal Revenue 
Service, 1111 Constitution Avenue NW., Washington, DC 20224.

SUPPLEMENTARY INFORMATION:

PRA Approval of Forms Used by Individual Taxpayers

    Under the PRA, OMB assigns a control number to each ''collection of 
information'' that it reviews and approves for use by an agency. The 
PRA also requires agencies to estimate the burden for each collection 
of information. Burden estimates for each control number are displayed 
in (1) PRA notices that accompany collections of information, (2) 
Federal Register notices such as this one, and (3) OMB's database of 
approved information collections.

Taxpayer Burden Model

    The Individual Taxpayer Burden Model (ITBM) estimates burden 
experienced by individual taxpayers when complying with Federal tax 
laws and incorporates results from a survey of tax year 2007 individual 
taxpayers, conducted in 2008 and 2009. The approach to measuring burden 
focuses on the characteristics and activities undertaken by individual 
taxpayers in meeting their tax return filing obligations.
    Burden is defined as the time and out-of-pocket costs incurred by 
taxpayers in complying with the Federal tax system and are estimated 
separately. Out-of-pocket costs include any expenses incurred by 
taxpayers to prepare and submit their tax returns. Examples include tax 
return preparation fees, the purchase price of tax preparation 
software, submission fees, photocopying costs, postage, and phone calls 
(if not toll-free).
    The methodology distinguishes among preparation method, taxpayer 
activities, taxpayer type, filing method, and income level. Indicators 
of tax law and administrative complexity, as reflected in the tax forms 
and instructions, are incorporated into the model.
    Preparation methods reflected in the model are as follows:
     Self-prepared without software,
     Self-prepared with software, and
     Use of a paid preparer or tax professional.
    Types of taxpayer activities reflected in the model are as follows:
     Recordkeeping,
     Tax planning,
     Gathering tax materials,
     Use of services (IRS and other),
     Form completion, and
     Form submission (electronic and paper).

[[Page 78337]]

Taxpayer Burden Estimates

    Summary level results using this methodology are presented in Table 
1 below. The data shown are the best forward-looking estimates 
available for income tax returns filed for tax year 2011. Note that the 
estimates presented in this table differ from those published in the 
tax form instructions and publications. Revised estimates presented 
herein reflect legislation approved after the IRS Forms and 
Publications print deadline.
    Table 1 shows burden estimates based upon current statutory 
requirements as of October 21, 2011 for taxpayers filing a 2011 Form 
1040, 1040A, or 1040EZ tax return. Time spent and out-of-pocket costs 
are presented separately. Time burden is broken out by taxpayer 
activity, with record keeping representing the largest component. Out-
of-pocket costs include any expenses incurred by taxpayers to prepare 
and submit their tax returns. Examples include tax return preparation 
and submission fees, postage and photocopying costs, and tax 
preparation software costs. While these estimates do not include burden 
associated with post-filing activities, IRS operational data indicate 
that electronically prepared and filed returns have fewer arithmetic 
errors, implying lower post-filing burden.
    Reported time and cost burdens are national averages and do not 
necessarily reflect a ``typical'' case. Most taxpayers experience lower 
than average burden, with taxpayer burden varying considerably by 
taxpayer type. For instance, the estimated average time burden for all 
taxpayers filing a Form 1040, 1040A, or 1040EZ is 18 hours, with an 
average cost of $230 per return. This average includes all associated 
forms and schedules, across all preparation methods and taxpayer 
activities. The average burden for taxpayers filing Form 1040 is about 
22 hours and $290; the average burden for taxpayers filing Form 1040A 
is about 10 hours and $120; and the average for Form 1040EZ filers is 
about 7 hours and $50.
    Within each of these estimates there is significant variation in 
taxpayer activity. For example, non-business taxpayers are expected to 
have an average burden of about 12 hours and $150, while business 
taxpayers are expected to have an average burden of about 32 hours and 
$410. Similarly, tax preparation fees and other out-of-pocket costs 
vary extensively depending on the tax situation of the taxpayer, the 
type of software or professional preparer used, and the geographic 
location.
    The estimates include burden for activities up through and 
including filing a return but do not include burden associated with 
post-filing activities. However, operational IRS data indicate that 
electronically prepared and e-filed returns have fewer arithmetic 
errors, implying a lower associated post-filing burden.

Proposed PRA Submission to OMB

    Title: U.S. Individual Income Tax Return.
    OMB Number: 1545-0074.
    Form Numbers: Form 1040 and Schedules A, B, C, C-EZ, D, D-1, E, 
EIC, F, H, J, R, and SE; Form 1040A; Form 1040EZ; Form 1040NR; Form 
1040NR-EZ, Form 1040X; and all attachments to these forms (see the 
Appendix to this notice).
    Abstract: These forms are used by individuals to report their 
income tax liability. The data is used to verify that the items 
reported on the forms are correct, and also for general statistical 
use.
    Current Actions: The change in estimated aggregate compliance 
burden can be explained by three major sources--technical adjustments, 
statutory changes, and discretionary agency (IRS) actions.
    Technical Adjustments--The largest adjustments are from 
incorporation of new taxpayer data, updated forecasting targets, and 
refinements to the estimation methodology. The incorporation of new 
taxpayer data to better reflect the impact of the current economic 
environment provides the largest adjustment.
    Statutory Changes--The primary drivers for the statutory changes 
are credits provided in the American Recovery and Reinvestment Act 
(ARRA) of 2009 and implementation of new reporting requirements in the 
Emergency Economic Stabilization Act of 2008. The provisions listed 
below are more than offset by the impact of the expiring ARRA 
provision.
    Primary examples include:

New or Changed Provisions

    Capital Gains and Losses: In most cases, transactions for capital 
gains and losses must now be entered on the new Form 8949 and the 
subtotal of the sales price, basis, and adjustment amounts from Form 
8949 are carried to the Schedule D. Up to six separate Forms 8949 could 
be required depending on the holding period of the assets, whether or 
not basis related to the transaction was reported by the broker, and 
whether a reporting document was received for the transaction. These 
changes were made to coincide with the new Form 1099-B basis reporting.
    The number of filers affected: 21,000,000.
    Alternative Minimum Tax: The AMT exemption amount was increased to 
$48,450 ($74,450 if married filing jointly or a qualified widow; 
$37,225 if married filing separately).
    Had this legislation not been enacted, at least 20 million 
additional taxpayers would have been required to file Form 6251, 
Alternative Minimum Tax.

Expired Provisions

    The Making Work Pay Credit expired.
    The number of filers who claimed this provision in 2010: 
100,000,000.
    IRS Discretionary Changes--IRS discretionary changes include 
expanded e-file availability, registration fees for paid preparers, and 
fees for a new competency exam for certain preparers.
    Discretionary changes also include a change for the repayment of 
the first-time homebuyer credit. Repayment may now be made without 
attaching Form 5405.
    The number of filers affected: 550,000.
    These initiatives have a net effect of a slight decrease in time 
that is not shown due to rounding as well as a net effect of increasing 
money burden.
    Total--Taken together, the changes discussed above have decreased 
the total reported burden by 22,000,000 hours.
    Type of Review: Revision of currently approved collections.
    Affected Public: Individuals or households.
    Estimated Number of Respondents: 153,200,000.
    Total Estimated Time: 2.679 billion hours (2,679,000,000 hours).
    Estimated Time Per Respondent: 17.49 hours.
    Total Estimated Out-of-Pocket Costs: $34.131 billion 
($34,131,000,000).
    Estimated Out-of-Pocket Cost per Respondent: $230.
    An agency may not conduct or sponsor, and a person is not required 
to respond to, a collection of information unless the collection of 
information displays a valid OMB Control Number.
    Books or records relating to a collection of information must be 
retained as long as their contents may become material in the 
administration of any internal revenue law. Generally, tax returns and 
tax return information are confidential, as required by 26 U.S.C. 6103.

Request for Comments

    Comments submitted in response to this notice will be summarized 
and/or

[[Page 78338]]

included in the request for OMB approval. All comments will become a 
matter of public record. Comments are invited on: (a) Whether the 
collection of information is necessary for the proper performance of 
the functions of the agency, including whether the information will 
have practical utility; (b) the accuracy of the agency's estimate of 
the burden of the collection of information; (c) ways to enhance the 
quality, utility, and clarity of the information to be collected; (d) 
ways to minimize the burden of the collection of information on 
respondents, including through the use of automated collection 
techniques or other forms of information technology; and (e) estimates 
of capital or start-up costs and costs of operation, maintenance, and 
purchase of services to provide information.

    Approved: December 12, 2011.
Yvette Lawrence,
IRS Supervisory Tax Analyst.

                                         Table 1--Estimated Average Taxpayer Burden for Individuals by Activity
    [The average time and costs required to; complete and file Form 1040, Form 1040A, Form 1040EZ, their schedules, and accompanying forms will vary
                                           depending on individual circumstances. The estimated averages are:]
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                Average time burden (hours)
                                                                  --------------------------------------------------------------------------------------
                                                       Percentage                                                                               Average
       Primary form filed or type of taxpayer          of returns   Total time     Record        Tax          Form         Form                   cost
                                                                        *         keeping      planning    completion   submission  All other  (dollars)
                                                                                                                                                   **
--------------------------------------------------------------------------------------------------------------------------------------------------------
All taxpayers Primary forms filed...................          100         18.0          8.0          2.0          4.0          1.0        3.0       $230
1040................................................           68         22.0         10.0          3.0          4.0          1.0        3.0        290
1040A...............................................           19         10.0          4.0          1.0          3.0          1.0        2.0        120
1040EZ..............................................           13          7.0          2.0          1.0          2.0          1.0        1.0         50
Nonbusiness ***.....................................           70         12.0          5.0          2.0          3.0          1.0        2.0        150
Business ***........................................           30         32.0         16.0          4.0          6.0          1.0        4.0        410
--------------------------------------------------------------------------------------------------------------------------------------------------------
Detail may not add to total time due to rounding. Dollars rounded to the nearest $10.
* A ``business'' filer files one or more of the following with Form 1040: Schedule C, C-EZ, E, F, Form 2106, or 2106-EZ. A ``non-business'' filer does
  not file any of these schedules or forms with Form 1040 or if you file Form 1040A or 1040EZ.


                                                   Table 2--ICB Estimates for the 1040/A/EZ/NR/NR-EZ/X
                                                 [Series of returns and supporting forms and schedules]
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                      FY 2012
                                                          ----------------------------------------------------------------------------------------------
                                                                                                   Program change
                                                               Previously       Program change       due to new       Program change          FY12
                                                             approved FY11    due to adjustment     legislation       due to agency
--------------------------------------------------------------------------------------------------------------------------------------------------------
Number of Taxpayers......................................        146,700,000          6,500,000  .................  .................        153,200,000
Burden in Hours..........................................      2,701,000,000         16,000,000       (37,000,000)  .................      2,679,000,000
Burden in Dollars........................................     35,193,000,000      (673,000,000)      (418,000,000)         29,000,000     34,131,000,000
--------------------------------------------------------------------------------------------------------------------------------------------------------


                                Appendix
------------------------------------------------------------------------
                                     Filed by
             Forms                 individuals             Title
                                    and others
------------------------------------------------------------------------
673............................  ...............  Statement for Claiming
                                                   Exemption From
                                                   Withholding on
                                                   Foreign Earned Income
                                                   Eligible for the
                                                   Exclusions Provided
                                                   by Section 911.
926............................               X   Return by a U.S.
                                                   Transferor of
                                                   Property to a Foreign
                                                   Corporation.
970............................               X   Application To Use
                                                   LIFO Inventory
                                                   Method.
972............................               X   Consent of Shareholder
                                                   To Include Specific
                                                   Amount in Gross
                                                   Income.
982............................               X   Reduction of Tax
                                                   Attributes Due To
                                                   Discharge of
                                                   Indebtedness (and
                                                   Section 1082 Basis
                                                   Adjustment).
1040...........................  ...............  U.S. Individual Income
                                                   Tax Return.
1040 SCH A.....................  ...............  Itemized Deductions.
1040 SCH B.....................  ...............  Interest and Ordinary
                                                   Dividends.
1040 SCH C.....................               X   Profit or Loss From
                                                   Business.
1040 SCH C-EZ..................               X   Net Profit From
                                                   Business.
1040 SCH D.....................  ...............  Capital Gains and
                                                   Losses.
1040 SCH D-1...................  ...............  Continuation Sheet for
                                                   Schedule D.
1040 SCH E.....................               X   Supplemental Income
                                                   and Loss.
1040 SCH EIC...................  ...............  Earned Income Credit.
1040 SCH F.....................               X   Profit or Loss From
                                                   Farming.
1040 SCH H.....................               X   Household Employment
                                                   Taxes.
1040 SCH J.....................  ...............  Income Averaging for
                                                   Farmers and
                                                   Fishermen.
1040 SCH R.....................  ...............  Credit for the Elderly
                                                   or the Disabled.
1040 SCH SE....................  ...............  Self-Employment Tax.
1040 A.........................  ...............  U.S. Individual Income
                                                   Tax Return.
1040ES (NR)....................  ...............  U.S. Estimated Tax for
                                                   Nonresident Alien
                                                   Individuals.
1040ES (PR)....................  ...............  Estimated Federal Tax
                                                   on Self Employment
                                                   Income and on
                                                   Household Employees
                                                   (Residents of Puerto
                                                   Rico).

[[Page 78339]]

 
1040 ES-OCR-V..................  ...............  Payment Voucher.
1040 ES-OTC....................  ...............  Estimated Tax for
                                                   Individuals.
1040 EZ........................  ...............  Income Tax Return for
                                                   Single and Joint
                                                   Filers With No
                                                   Dependents.
1040 NR........................  ...............  U.S. Nonresident Alien
                                                   Income Tax Return.
1040 NR-EZ.....................  ...............  U.S. Income Tax Return
                                                   for Certain
                                                   Nonresident Aliens
                                                   With No Dependents.
1040 V.........................  ...............  Payment Voucher.
1040 V-OCR-ES..................  ...............  Payment Voucher.
1040 X.........................  ...............  Amended U.S.
                                                   Individual Income Tax
                                                   Return.
1045...........................               X   Application for
                                                   Tentative Refund.
1116...........................               X   Foreign Tax Credit.
1127...........................               X   Application For
                                                   Extension of Time For
                                                   Payment of Tax
1128...........................               X   Application To Adopt,
                                                   Change, or Retain a
                                                   Tax Year.
1310...........................  ...............  Statement of Person
                                                   Claiming Refund Due a
                                                   Deceased Taxpayer.
2106...........................  ...............  Employee Business
                                                   Expenses.
2106 EZ........................  ...............  Unreimbursed Employee
                                                   Business Expenses.
2120...........................  ...............  Multiple Support
                                                   Declaration.
2210...........................               X   Underpayment of
                                                   Estimated Tax by
                                                   Individuals, Estates,
                                                   and Trusts.
2210 F.........................               X   Underpayment of
                                                   Estimated Tax by
                                                   Farmers and
                                                   Fishermen.
2350...........................  ...............  Application for
                                                   Extension of Time To
                                                   File U.S. Income Tax
                                                   Return.
2350 SP........................  ...............   Solicitud de
                                                   Pr[oacute]rroga para
                                                   Presentar la
                                                   Declaraci[oacute]n
                                                   del Impuesto Personal
                                                   sobre el Ingreso de
                                                   los Estados Unidos.
2439...........................               X   Notice to Shareholder
                                                   of Undistributed Long-
                                                   Term Capital Gains.
2441...........................  ...............  Child and Dependent
                                                   Care Expenses.
2555...........................  ...............  Foreign Earned Income.
2555 EZ........................  ...............  Foreign Earned Income
                                                   Exclusion.
2848...........................               X   Power of Attorney and
                                                   Declaration of
                                                   Representative.
3115...........................               X   Application for Change
                                                   in Accounting Method.
3468...........................               X   Investment Credit.
3520...........................               X   Annual Return To
                                                   Report Transactions
                                                   With Foreign Trusts
                                                   and Receipt of
                                                   Certain Foreign Gifts
3800...........................               X   General Business
                                                   Credit.
3903...........................  ...............  Moving Expenses.
4029...........................  ...............  Application for
                                                   Exemption From Social
                                                   Security and Medicare
                                                   Taxes and Waiver of
                                                   Benefits.
4070 A.........................  ...............  Employee's Daily
                                                   Record of Tips.
4136...........................               X   Credit for Federal Tax
                                                   Paid On Fuels.
4137...........................  ...............  Social Security and
                                                   Medicare Tax on
                                                   Unreported Tip
                                                   Income.
4255...........................               X   Recapture of
                                                   Investment Credit.
4361...........................  ...............  Application for
                                                   Exemption From Self-
                                                   Employment Tax for
                                                   Use by Ministers,
                                                   Members of Religious
                                                   Orders, and Christian
                                                   Science
                                                   Practitioners.
4562...........................               X   Depreciation and
                                                   Amortization.
4563...........................  ...............  Exclusion of Income
                                                   for Bona Fide
                                                   Residents of American
                                                   Samoa.
4684...........................               X   Casualties and Thefts.
4797...........................               X   Sales of Business
                                                   Property.
4835...........................  ...............  Farm Rental Income and
                                                   Expenses.
4852...........................               X   Substitute for Form W-
                                                   2, Wage and Tax
                                                   Statement or Form
                                                   1099-R, Distributions
                                                   From Pension
                                                   Annuities, Retirement
                                                   or Profit-Sharing
                                                   Plans, IRAs,
                                                   Insurance Contracts,
                                                   etc.
4868...........................  ...............  Application for
                                                   Automatic Extension
                                                   of Time To File
                                                   Individual U.S.
                                                   Income Tax Return.
4868 SP........................  ...............   Solicitud de
                                                   Pr[oacute]rroga
                                                   Autom[aacute]tica
                                                   para Presentar la
                                                   Declaraci[oacute]n
                                                   del Impuesto sobre el
                                                   Ingreso Personal de
                                                   los Estados Unidos.
4952...........................               X   Investment Interest
                                                   Expense Deduction.
4970...........................               X   Tax on Accumulation
                                                   Distribution of
                                                   Trusts.
4972...........................               X   Tax on Lump-Sum
                                                   Distributions.
5074...........................  ...............  Allocation of
                                                   Individual Income Tax
                                                   To Guam or the
                                                   Commonwealth of the
                                                   Northern Mariana
                                                   Islands (CNMI).
5213...........................               X   Election To Postpone
                                                   Determination as To
                                                   Whether the
                                                   Presumption Applies
                                                   That an Activity Is
                                                   Engaged in for
                                                   Profit.
5329...........................  ...............  Additional Taxes on
                                                   Qualified Plans
                                                   (Including IRAs) and
                                                   Other Tax-Favored
                                                   Accounts.
5405...........................  ...............  First-Time Homebuyer
                                                   Credit.
5471...........................               X   Information Return of
                                                   U.S. Persons With
                                                   Respect To Certain
                                                   Foreign Corporations.
5471 SCH J.....................               X   Accumulated Earnings
                                                   and Profits (E&P) of
                                                   Controlled Foreign
                                                   Corporation.
5471 SCH M.....................               X   Transactions Between
                                                   Controlled Foreign
                                                   Corporation and
                                                   Shareholders or Other
                                                   Related Persons.
5471 SCH O.....................               X   Organization or
                                                   Reorganization of
                                                   Foreign Corporation,
                                                   and Acquisitions and
                                                   Dispositions of Its
                                                   Stock.
5695...........................  ...............   Residential Energy
                                                   Credits.

[[Page 78340]]

 
5713...........................               X   International Boycott
                                                   Report.
5713 SCH A.....................               X   International Boycott
                                                   Factor (Section
                                                   999(c)(1)).
5713 SCH B.....................               X   Specifically
                                                   Attributable Taxes
                                                   and Income (Section
                                                   999(c)(2)).
5713 SCH C.....................               X   Tax Effect of the
                                                   International Boycott
                                                   Provisions.
5754...........................               X   Statement by Person(s)
                                                   Receiving Gambling
                                                   Winnings.
5884...........................               X   Work Opportunity
                                                   Credit.
6198...........................               X   At-Risk Limitations.
6251...........................  ...............  Alternative Minimum
                                                   Tax--Individuals.
6252...........................               X   Installment Sale
                                                   Income.
6478...........................               X   Credit for Alcohol
                                                   Used As Fuel.
6765...........................               X   Credit for Increasing
                                                   Research Activities.
6781...........................               X   Gains and Losses From
                                                   Section 1256
                                                   Contracts and
                                                   Straddles.
8082...........................               X   Notice of Inconsistent
                                                   Treatment or
                                                   Administrative
                                                   Adjustment Request
                                                   (AAR).
8275...........................               X   Disclosure Statement.
8275 R.........................               X   Regulation Disclosure
                                                   Statement.
8283...........................               X   Noncash Charitable
                                                   Contributions.
8332...........................  ...............  Release of Claim to
                                                   Exemption for Child
                                                   of Divorced or
                                                   Separated Parents.
8379...........................  ...............  Injured Spouse Claim
                                                   and Allocation.
8396...........................  ...............  Mortgage Interest
                                                   Credit.
8453...........................  ...............  U.S. Individual Income
                                                   Tax Declaration for
                                                   an IRS e-file Return.
8582...........................               X   Passive Activity Loss
                                                   Limitations.
8582 CR........................               X   Passive Activity
                                                   Credit Limitations.
8586...........................               X   Low-Income Housing
                                                   Credit.
8594...........................               X   Asset Acquisition
                                                   Statement.
8606...........................  ...............  Nondeductible IRAs.
8609-A.........................               X   Annual Statement for
                                                   Low-Income Housing
                                                   Credit.
8611...........................               X   Recapture of Low-
                                                   Income Housing
                                                   Credit.
8615...........................  ...............  Tax for Certain
                                                   Children Who Have
                                                   Investment Income of
                                                   More Than $1,800.
8621...........................               X   Return by a
                                                   Shareholder of a
                                                   Passive Foreign
                                                   Investment Company or
                                                   Qualified Electing
                                                   Fund.
8621-A.........................               X   Late Deemed Dividend
                                                   or Deemed Sale
                                                   Election by a Passive
                                                   Foreign Investment
                                                   Company.
8689...........................  ...............  Allocation of
                                                   Individual Income Tax
                                                   To the Virgin
                                                   Islands.
8693...........................               X   Low-Income Housing
                                                   Credit Disposition
                                                   Bond.
8697...........................               X   Interest Computation
                                                   Under the Look-Back
                                                   Method for Completed
                                                   Long-Term Contracts.
8801...........................               X   Credit for Prior Year
                                                   Minimum Tax--
                                                   Individuals, Estates,
                                                   and Trusts.
8812...........................  ...............  Additional Child Tax
                                                   Credit.
8814...........................  ...............  Parents' Election To
                                                   Report Child's
                                                   Interest and
                                                   Dividends.
8815...........................  ...............  Exclusion of Interest
                                                   From Series EE and I
                                                   U.S. Savings Bonds
                                                   Issued After 1989.
8818...........................  ...............  Optional Form To
                                                   Record Redemption of
                                                   Series EE and I U.S.
                                                   Savings Bonds Issued
                                                   After 1989.
8820...........................               X   Orphan Drug Credit.
8821...........................               X   Tax Information
                                                   Authorization.
8822...........................               X   Change of Address.
8824...........................               X   Like-Kind Exchanges.
8826...........................               X   Disabled Access
                                                   Credit.
8828...........................  ...............  Recapture of Federal
                                                   Mortgage Subsidy.
8829...........................  ...............  Expenses for Business
                                                   Use of Your Home.
8832...........................               X   Entity Classification
                                                   Election.
8833...........................               X   Treaty-Based Return
                                                   Position Disclosure
                                                   Under Section 6114 or
                                                   7701(b)
8834...........................               X   Qualified Electric
                                                   Vehicle Credit.
8835...........................               X   Renewable Electricity
                                                   and Refined Coal
                                                   Production Credit.
8838...........................               X   Consent To Extend the
                                                   Time To Assess Tax
                                                   Under Section 367--
                                                   Gain Recognition
                                                   Statement.
8839...........................  ...............  Qualified Adoption
                                                   Expenses.
8840...........................  ...............  Closer Connection
                                                   Exception Statement
                                                   for Aliens.
8843...........................  ...............  Statement for Exempt
                                                   Individuals and
                                                   Individuals With a
                                                   Medical Condition.
8844...........................               X   Empowerment Zone and
                                                   Renewal Community
                                                   Employment Credit.
8845...........................               X   Indian Employment
                                                   Credit.
8846...........................               X   Credit for Employer
                                                   Social Security and
                                                   Medicare Taxes Paid
                                                   on Certain Employee
                                                   Tips.
8847...........................               X   Credit for
                                                   Contributions to
                                                   Selected Community
                                                   Development
                                                   Corporations.
8853...........................  ...............  Archer MSAs and Long-
                                                   Term Care Insurance
                                                   Contracts.
8854...........................  ...............  Initial and Annual
                                                   Expatriation
                                                   Information
                                                   Statement.
8858...........................               X   Information Return of
                                                   U.S. Persons With
                                                   Respect to Foreign
                                                   Disregarded Entities.
8858 SCH M.....................               X   Transactions Between
                                                   Controlled Foreign
                                                   Disregarded Entity
                                                   and Filer or Other
                                                   Related Entities.

[[Page 78341]]

 
8859...........................  ...............  District of Columbia
                                                   First-Time Homebuyer
                                                   Credit.
8860...........................               X   Qualified Zone Academy
                                                   Bond Credit.
8861...........................               X   Welfare-to-Work
                                                   Credit.
8862...........................  ...............  Information To Claim
                                                   Earned Income Credit
                                                   After Disallowance.
8863...........................  ...............  Education Credits.
8864...........................               X   Biodiesel Fuels
                                                   Credit.
8865...........................               X   Return of U.S. Persons
                                                   With Respect to
                                                   Certain Foreign
                                                   Partnerships.
8865 SCH K-1...................               X   Partner's Share of
                                                   Income, Credits,
                                                   Deductions, etc.
8865 SCH O.....................               X   Transfer of Property
                                                   to a Foreign
                                                   Partnership.
8865 SCH P.....................               X   Acquisitions,
                                                   Dispositions, and
                                                   Changes of Interests
                                                   in a Foreign
                                                   Partnership.
8866...........................               X   Interest Computation
                                                   Under the Look-Back
                                                   Method for Property
                                                   Depreciated Under the
                                                   Income Forecast
                                                   Method.
8873...........................               X   Extraterritorial
                                                   Income Exclusion.
8874...........................               X   New Markets Credit.
8878...........................  ...............  IRS e-file Signature
                                                   Authorization for
                                                   Form 4868 or Form
                                                   2350.
8878 SP........................  ...............  Autorizacion de firma
                                                   para presentar por
                                                   medio del IRS e-file
                                                   para el Formulario
                                                   4868(SP) o el
                                                   Formulario 2350(SP).
8879...........................  ...............  IRS e-file Signature
                                                   Authorization.
8879 SP........................  ...............  Autorizacion de firma
                                                   para presentar la
                                                   Declaracion por medio
                                                   del IRS e-file.
8880...........................  ...............  Credit for Qualified
                                                   Retirement Savings
                                                   Contributions.
8881...........................               X   Credit for Small
                                                   Employer Pension Plan
                                                   Startup Costs.
8882...........................               X   Credit for Employer-
                                                   Provided Childcare
                                                   Facilities and
                                                   Services.
8885...........................  ...............  Health Coverage Tax
                                                   Credit.
8886...........................               X   Reportable Transaction
                                                   Disclosure Statement.
8888...........................  ...............  Allocation of Refund
                                                   (Including Savings
                                                   Bond Purchases.
8889...........................  ...............  Health Savings
                                                   Accounts (HSAs).
8891...........................  ...............  U.S. Information
                                                   Return for
                                                   Beneficiaries of
                                                   Certain Canadian
                                                   Registered Retirement
                                                   Plans.
8896...........................               X   Low Sulfur Diesel Fuel
                                                   Production Credit.
8898...........................  ...............  Statement for
                                                   Individuals Who Begin
                                                   or End Bona Fide
                                                   Residence in a U.S.
                                                   Possession.
8900...........................               X   Qualified Railroad
                                                   Track Maintenance
                                                   Credit.
8903...........................               X   Domestic Production
                                                   Activities Deduction.
8906...........................  ...............  Distills Spirits
                                                   Credit.
8907...........................  ...............  Nonconventional Source
                                                   Fuel Credit.
8908...........................  ...............  Energy Efficient Home
                                                   Credit.
8910...........................  ...............  Alternative Motor
                                                   Vehicle Credit.
8911...........................  ...............  Alternative Fuel
                                                   Vehicle Refueling
                                                   Property Credit.
8914...........................  ...............  Exemption Amount for
                                                   Taxpayers Housing
                                                   Midwestern Displaced
                                                   Individuals.
8915...........................  ...............  Qualified Hurricane
                                                   Retirement Plan
                                                   Distribution and
                                                   Repayments.
8917...........................  ...............  Tuition and Fees
                                                   Deduction.
8919...........................  ...............  Uncollected Social
                                                   Security and Medicare
                                                   Tax on Wages.
8925...........................               X   Report of Employer-
                                                   Owned Life Insurance
                                                   Contracts.
8931...........................               X   Agricultural Chemicals
                                                   Security Credit.
8932...........................               X   Credit for Employer
                                                   Differential Wage
                                                   Payments.
9465...........................  ...............  Installment Agreement
                                                   Request.
9465 SP........................  ...............  Solicitud para un Plan
                                                   de Pagos a Plazos.
Notice 2006-52.................  ...............  ......................
Notice 160920-05...............  ...............  Deduction for Energy
                                                   Efficient Commercial
                                                   Buildings.
Pub 972 Tables.................  ...............  Child Tax Credit.
REG-149856-03..................  ...............  Notice of Proposed
                                                   Rulemaking Dependent
                                                   Child of Divorced or
                                                   Separated Parents or
                                                   Parents Who Live
                                                   Apart.
SS-4...........................               X   Application for
                                                   Employer
                                                   Identification
                                                   Number.
SS-8...........................               X   Determination of
                                                   Worker Status for
                                                   Purposes of Federal
                                                   Employment Taxes and
                                                   Income Tax
                                                   Withholding.
T (Timber).....................               X   Forest Activities
                                                   Schedules.
W-4............................  ...............  Employee's Withholding
                                                   Allowance
                                                   Certificate.
W-4 P..........................  ...............  Withholding
                                                   Certificate for
                                                   Pension or Annuity
                                                   Payments.
W-4 S..........................  ...............  Request for Federal
                                                   Income Tax
                                                   Withholding From Sick
                                                   Pay.
W -4 SP........................  ...............  Certificado de
                                                   Exencion de la
                                                   Retencion del
                                                   Empleado.
W-4 V..........................  ...............  Voluntary Withholding
                                                   Request.
W-7............................  ...............  Application for IRS
                                                   Individual Taxpayer
                                                   Identification
                                                   Number.
W-7 A..........................  ...............  Application for
                                                   Taxpayer
                                                   Identification Number
                                                   for Pending U.S.
                                                   Adoptions.
W-7 SP.........................  ...............  Solicitud de Numero de
                                                   Identicacion Personal
                                                   del Contribuyente del
                                                   Servicio de Impuestos
                                                   Internos.
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[[Page 78342]]

    Forms Removed From this ICR:

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    Reason for Removal:

-----------------------------------------------------------------------

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-----------------------------------------------------------------------

    Forms Added to This ICR:

9465-FS, 9465-FS (SP) Installment Agreement Request
    Justification for Addition:

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[FR Doc. 2011-32303 Filed 12-15-11; 8:45 am]
BILLING CODE 4830-01-P