Proposed Collection; Comment Request for Form 1041-ES, 42489 [2020-14501]
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Federal Register / Vol. 85, No. 135 / Tuesday, July 14, 2020 / Notices
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 1041–ES
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 information
collections, as required by the
Paperwork Reduction Act of 1995. The
IRS is soliciting comments concerning
Form 1041–ES, Estimated Income Tax
for Estates and Trusts.
DATES: Written comments should be
received on or before September 14,
2020 to be assured of consideration.
ADDRESSES: Direct all written comments
to Paul Adams, Internal Revenue
Service, Room 6526, 1111 Constitution
Avenue NW, Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the form and instructions
should be directed to Sara Covington at
Internal Revenue Service, Room 6526,
1111 Constitution Avenue NW,
Washington, DC 20224, or
Sara.L.Covington@irs.gov, 202–317–
5744.
SUPPLEMENTARY INFORMATION:
Title: Estimated Income Tax for
Estates and Trusts.
OMB Number: 1545–0971.
Form Number: Form 1041–ES.
Abstract: Internal Revenue Code
section 6654(1) imposes a penalty on
trusts, and in certain circumstances, a
decedent’s estate, for underpayment of
estimated tax. Form 1041–ES is used by
the fiduciary to make the estimated tax
payments. The form provides the IRS
with information to give estates and
trusts proper credit for estimated tax
payments. For first-time filers, the form
is available in an Over The Counter
(OTC) version at IRS offices. For
previous filers, the form is sent to them
by the IRS with preprinted vouchers in
the Optical Character Resolution (OCR)
version.
Current Actions: There are no changes
being made to the form at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals and
Businesses or other for-profit
organizations.
Estimated Number of Respondents:
582,024.
SUMMARY:
VerDate Sep<11>2014
17:58 Jul 13, 2020
Jkt 250001
Estimated Time per Respondent: 3
hours, 18 minutes.
Estimated Total Annual Burden
Hours: 1,914,859.
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,
maintenance, and purchase of services
to provide information.
Approved: June 30, 2020.
Sara L Covington,
IRS Tax Analyst.
[FR Doc. 2020–14501 Filed 7–13–20; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request Concerning Forms Project
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 continuing
information collections, as required by
SUMMARY:
PO 00000
Frm 00144
Fmt 4703
Sfmt 4703
42489
the Paperwork Reduction Act of 1995.
The IRS is soliciting comments
concerning employer’s quarterly federal
tax return, adjusted employer’s
quarterly federal tax return or claim for
refund, allocation schedule for
aggregated filers and employer credit for
qualified sick and family leave wages.
DATES: Written comments should be
received on or before September 14,
2020 to be assured of consideration.
ADDRESSES: Direct all written comments
to Kinna Brewington, Internal Revenue
Service, Room 6526, 1111 Constitution
Avenue NW, Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the form should be directed to
Kerry Dennis, at (202) 317–5751 or
Internal Revenue Service, Room 6526,
1111 Constitution Avenue NW,
Washington, DC 20224, or through the
internet, at Kerry.Dennis@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: (Employer’s Quarterly Federal
Tax Return), 941–PR (Planilla Para La
Declaracion Trimestral Del PatronoLaContribucion Federal Al Seguro
Social Y Al Seguro Medicare), 941–SS
(Employer’s Quarterly Federal Tax
Return-American Samoa, Guam, the
Commonwealth of the Northern Mariana
Islands, and the U.S. Virgin Islands),
941–X, Adjusted Employer’s Quarterly
Federal Tax Return or Claim for Refund,
941–X(PR), Ajuste a la Declaracion
Federal Trimestral del Patrono o
Reclamacion de Reembolso, Schedule R,
Allocation Schedule for Aggregated
Form 941 Filers, Schedule B (Form 941)
(Employer’s Record of Federal Tax
Liability), and Schedule B (Form 941–
PR) (Registro Suplementario De La
Obligacion Contributiva Federal Del
Patrono), Form 7200 Advance of
Employer Credit for Qualified Sick and
Family Leave Wages.
OMB Number: 1545–0029.
Form Numbers: 941, 941–PR, 941–SS,
941–X, 941–X(PR), Schedule B (Form
941), Schedule B (Form 941–PR),
Schedule R (Form 941), 941–SS–V, 941–
V, 941–X, 941–X(PR), 7200.
Abstract: Form 941 is used by
employers to report payments made to
employees subject to income and social
security/Medicare taxes and the
amounts of these taxes. Form 941–PR is
used by employers in Puerto Rico to
report social security and Medicare
taxes only. Form 941–SS is used by
employers in the U.S. possessions to
report social security and Medicare
taxes only. Schedule B is used by
employers to record their employment
tax liability. The Form 8974 was
developed to determine the portion of
the elected amount that can be claimed
E:\FR\FM\14JYN1.SGM
14JYN1
]]>Agencies
[Federal Register Volume 85, Number 135 (Tuesday, July 14, 2020)]
[Notices]
[Page 42489]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-14501]
[[Page 42489]]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 1041-ES
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
information collections, as required by the Paperwork Reduction Act of
1995. The IRS is soliciting comments concerning Form 1041-ES, Estimated
Income Tax for Estates and Trusts.
DATES: Written comments should be received on or before September 14,
2020 to be assured of consideration.
ADDRESSES: Direct all written comments to Paul Adams, Internal Revenue
Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the form and instructions should be directed to Sara
Covington at Internal Revenue Service, Room 6526, 1111 Constitution
Avenue NW, Washington, DC 20224, or [email protected], 202-317-
5744.
SUPPLEMENTARY INFORMATION:
Title: Estimated Income Tax for Estates and Trusts.
OMB Number: 1545-0971.
Form Number: Form 1041-ES.
Abstract: Internal Revenue Code section 6654(1) imposes a penalty
on trusts, and in certain circumstances, a decedent's estate, for
underpayment of estimated tax. Form 1041-ES is used by the fiduciary to
make the estimated tax payments. The form provides the IRS with
information to give estates and trusts proper credit for estimated tax
payments. For first-time filers, the form is available in an Over The
Counter (OTC) version at IRS offices. For previous filers, the form is
sent to them by the IRS with preprinted vouchers in the Optical
Character Resolution (OCR) version.
Current Actions: There are no changes being made to the form at
this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals and Businesses or other for-profit
organizations.
Estimated Number of Respondents: 582,024.
Estimated Time per Respondent: 3 hours, 18 minutes.
Estimated Total Annual Burden Hours: 1,914,859.
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,
maintenance, and purchase of services to provide information.
Approved: June 30, 2020.
Sara L Covington,
IRS Tax Analyst.
[FR Doc. 2020-14501 Filed 7-13-20; 8:45 am]
BILLING CODE 4830-01-P
