Proposed Collection; Comment Request Concerning Forms Project, 42489-42490 [2020-15106]

Download as PDF 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 42490 Federal Register / Vol. 85, No. 135 / Tuesday, July 14, 2020 / Notices for the quarter on the Form 941. The new Form 7200, Advance Payment of Employer Credits Due to COVID–19, is used to request an advance payment of the tax credits for qualified sick and qualified family leave wages, and the employee retention credit. Current Actions: There has been an increase in burden with the addition of new Form 7200, Advance of Employer Credit for Qualified Sick and Family Leave Wages and changes to the Form 941 and schedules, due to the implementation of Division G of Public Law 116–127, the Families First Coronavirus Response Act (the ‘‘Act’’) addressing the economic disruption stemming from the Novel (new) Coronavirus (‘‘2019–nCoV’’) global pandemic . Type of Review: Revision of a currently approved collection. Affected Public: Business or other forprofit organizations and individuals, individuals or households, not-for-profit institutions, Federal government, and state, local or tribal governments. Estimated Number of Respondents: 40,361,546. Estimated Time per Respondent: 14 hours, 19 minutes. Estimated Total Annual Burden Hours: 578,219,960. The following paragraph applies to all 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 if 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 VerDate Sep<11>2014 17:58 Jul 13, 2020 Jkt 250001 or start-up costs and costs of operation, maintenance, and purchase of services to provide information. Approved: July 8, 2020. Chakinna B. Clemons, Supervisory Tax Analyst. [FR Doc. 2020–15106 Filed 7–13–20; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY United States Mint Pricing for the 2020 Basketball Hall of Fame Colorized Coins United States Mint, Department of the Treasury. ACTION: Notice. AGENCY: The United States Mint is announcing pricing for the 2020 Basketball Hall of Fame Commemorative Coin Program as follows: SUMMARY: cost and burden; it includes the actual data collection instrument. Written comments and recommendations for the proposed information collection should be sent within 30 days of publication of this notice to www.reginfo.gov/public/do/ PRAMain. Find this particular information collection by selecting ‘‘Currently under 30-day Review—Open for Public Comments’’ or by using the search function. Refer to ‘‘OMB Control No. 2900–0379. DATES: FOR FURTHER INFORMATION CONTACT: Danny S. Green, (202) 421–1354 or email Danny.Green2@va.gov. Please refer to ‘‘OMB Control No. 2900–0379’’ in any correspondence. SUPPLEMENTARY INFORMATION: Authority: Title 38 United States Code § 3485, and Title 38 Code of Federal Regulations § 21.272 and § 21.4145. Title: Time Record (Work-Study Program). Coin Regular price OMB Control Number: 2900–0379. Colorized Silver Dollar .......... $95.00 Type of Review: Revision of a Colorized Clad Half Dollar .... 55.00 currently approved collection. Abstract: VA uses the information FOR FURTHER INFORMATION CONTACT: Rosa collected on these forms to ensure that Williams, Program Manager for Sales the amount of benefits payable to the and Marketing; United States Mint; 801 student who is pursuing work study is 9th Street NW; Washington, DC 20220; correct. Without this information, VA or call 202–354–7500. would not have a basis upon which to Authority: Public Law 115–343. make payment. Eric Anderson, An agency may not conduct or Executive Secretary, United States Mint. sponsor, and a person is not required to [FR Doc. 2020–15171 Filed 7–13–20; 8:45 am] respond to a collection of information BILLING CODE P unless it displays a currently valid OMB control number. The Federal Register Notice with a 60-day comment period DEPARTMENT OF VETERANS soliciting comments on this collection AFFAIRS of information was published on May 05, 2020, at page 26783. [OMB Control No. 2900–0379] Affected Public: State, Local or Tribal Agency Information Collection Activity Governments. Under OMB Review: Time Record Estimated Annual Burden: 11,856 (Work-Study Program) hours. AGENCY: Veterans Benefits Estimated Average Burden per Administration, Department of Veterans Respondent: 5 minutes. Affairs. Frequency of Response: Annual. ACTION: Notice. Actual Number of Respondents: SUMMARY: In compliance with the 142,272. Paperwork Reduction Act (PRA) of 1995 By direction of the Secretary. this notice announces that the Veterans Danny S. Green, Benefits Administration (VBA), Department of Veterans Affairs, will VA PRA Clearance Officer, Office of Quality, submit the collection of information Performance and Risk, Department of abstracted below to the Office of Veterans Affairs. Management and Budget (OMB) for [FR Doc. 2020–15177 Filed 7–13–20; 8:45 am] review and comment. The PRA BILLING CODE 8320–01–P submission describes the nature of the information collection and its expected PO 00000 Frm 00145 Fmt 4703 Sfmt 9990 E:\FR\FM\14JYN1.SGM 14JYN1

Agencies

[Federal Register Volume 85, Number 135 (Tuesday, July 14, 2020)]
[Notices]
[Pages 42489-42490]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-15106]


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

DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request Concerning Forms Project

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 
continuing information collections, as required by 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 
[email protected].

SUPPLEMENTARY INFORMATION:
    Title: (Employer's Quarterly Federal Tax Return), 941-PR (Planilla 
Para La Declaracion Trimestral Del Patrono-LaContribucion 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

[[Page 42490]]

for the quarter on the Form 941. The new Form 7200, Advance Payment of 
Employer Credits Due to COVID-19, is used to request an advance payment 
of the tax credits for qualified sick and qualified family leave wages, 
and the employee retention credit.
    Current Actions: There has been an increase in burden with the 
addition of new Form 7200, Advance of Employer Credit for Qualified 
Sick and Family Leave Wages and changes to the Form 941 and schedules, 
due to the implementation of Division G of Public Law 116-127, the 
Families First Coronavirus Response Act (the ``Act'') addressing the 
economic disruption stemming from the Novel (new) Coronavirus (``2019-
nCoV'') global pandemic .
    Type of Review: Revision of a currently approved collection.
    Affected Public: Business or other for-profit organizations and 
individuals, individuals or households, not-for-profit institutions, 
Federal government, and state, local or tribal governments.
    Estimated Number of Respondents: 40,361,546.
    Estimated Time per Respondent: 14 hours, 19 minutes.
    Estimated Total Annual Burden Hours: 578,219,960.
    The following paragraph applies to all 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 if 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: July 8, 2020.
Chakinna B. Clemons,
Supervisory Tax Analyst.
[FR Doc. 2020-15106 Filed 7-13-20; 8:45 am]
BILLING CODE 4830-01-P


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