Proposed Collection; Comment Request for Salary Reduction Simplified Employee Pension-Individual Retirement Accounts Contribution Agreement, 10002 [2021-03140]
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10002
Federal Register / Vol. 86, No. 30 / Wednesday, February 17, 2021 / Notices
Number
respondents
Form
Form
Form
Form
Form
Total annual
burden hours
W–8BEN .............................................................................................................................
W–8BEN–E ........................................................................................................................
W–8ECI ..............................................................................................................................
W–8EXP .............................................................................................................................
W–8IMY ..............................................................................................................................
2,970,000
170,000
180,000
240
70,400
7.18
26.45
9.13
20.53
25.88
21,324,600
4,496,500
1,643,400
4,928
1,821,952
Total ......................................................................................................................................
3,390,640
........................
29,291,380
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. Comments
will be 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 has 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 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: January 29, 2021.
Martha R. Brinson,
Tax Analyst.
[FR Doc. 2021–03133 Filed 2–16–21; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
jbell on DSKJLSW7X2PROD with NOTICES
Time per
respondent
(hrs.)
Proposed Collection; Comment
Request for Salary Reduction
Simplified Employee PensionIndividual Retirement Accounts
Contribution Agreement
Internal Revenue Service (IRS),
Treasury.
AGENCY:
VerDate Sep<11>2014
20:43 Feb 16, 2021
Jkt 253001
Notice and request for
comments.
ACTION:
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 salary reduction simplified
employee pension-individual retirement
accounts contribution agreement.
DATES: Written comments should be
received on or before April 19, 2021 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: Salary Reduction Simplified
Employee Pension-Individual
Retirement Accounts Contribution
Agreement.
OMB Number: 1545–1012.
Form Project Number: 5305A–SEP.
Abstract: Form 5305A–SEP is used by
an employer to make an agreement to
provide benefits to all employees under
a Simplified Employee Pension (SEP)
described in Internal Revenue Code
section 408(k). This form is not to be
filed with the IRS, but is to be retained
in the employer’s records as proof of
establishing a SEP and justifying a
deduction for contributions made to the
SEP.
Current Actions: There is no change to
the form or the paperwork burden
previously approved by OMB.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations and individuals.
SUMMARY:
PO 00000
Frm 00098
Fmt 4703
Sfmt 9990
Estimated Number of Respondents:
100,000.
Estimated Time per Response: 9
hours, 43 minutes.
Estimated Total Annual Burden
Hours: 972,000.
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: February 2, 2021.
Chakinna B. Clemons,
Supervisory Tax Analyst.
[FR Doc. 2021–03140 Filed 2–16–21; 8:45 am]
BILLING CODE 4830–01–P
E:\FR\FM\17FEN1.SGM
17FEN1
]]>Agencies
[Federal Register Volume 86, Number 30 (Wednesday, February 17, 2021)]
[Notices]
[Page 10002]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-03140]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Salary Reduction
Simplified Employee Pension-Individual Retirement Accounts Contribution
Agreement
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 salary
reduction simplified employee pension-individual retirement accounts
contribution agreement.
DATES: Written comments should be received on or before April 19, 2021
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: Salary Reduction Simplified Employee Pension-Individual
Retirement Accounts Contribution Agreement.
OMB Number: 1545-1012.
Form Project Number: 5305A-SEP.
Abstract: Form 5305A-SEP is used by an employer to make an
agreement to provide benefits to all employees under a Simplified
Employee Pension (SEP) described in Internal Revenue Code section
408(k). This form is not to be filed with the IRS, but is to be
retained in the employer's records as proof of establishing a SEP and
justifying a deduction for contributions made to the SEP.
Current Actions: There is no change to the form or the paperwork
burden previously approved by OMB.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations and
individuals.
Estimated Number of Respondents: 100,000.
Estimated Time per Response: 9 hours, 43 minutes.
Estimated Total Annual Burden Hours: 972,000.
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: February 2, 2021.
Chakinna B. Clemons,
Supervisory Tax Analyst.
[FR Doc. 2021-03140 Filed 2-16-21; 8:45 am]
BILLING CODE 4830-01-P
