Proposed Collection; Comment Request for Forms 1040-PR and 1040-SS, 10432-10433 [2021-03376]

Download as PDF 10432 Federal Register / Vol. 86, No. 32 / Friday, February 19, 2021 / Notices tkelley on DSKBCP9HB2PROD with NOTICES TABLE 20—CONTACT INFORMATION Type of question Preferred method Telephone number (not toll free) NACA Program .............................. CCME ............................................ AMIS—IT Help Desk ...................... Service Request via AMIS ........... Service Request via AMIS ........... Service Request via AMIS ........... 202–653–0421, option 1 ............... 202–653–0423 .............................. 202–653–0422 .............................. B. Information Technology Support: For IT assistance, the preferred method of contact is to submit a Service Request within AMIS. For the Service Request, select ‘‘Technical Issues’’ from the Program dropdown menu of the Service Request. People who have visual or mobility impairments that prevent them from using the CDFI Fund’s website should call (202) 653–0422 for assistance (this is not a toll free number). C. Communication with the CDFI Fund: The CDFI Fund will use the contact information in AMIS to communicate with Applicants and Recipients. It is imperative, therefore, that Applicants, Recipients, Subsidiaries, Affiliates, and signatories maintain accurate contact information in their accounts. This includes information such as contact names (especially for the Authorized Representative), email addresses, fax and phone numbers, and office locations. D. Civil Rights and Diversity: Any person who is eligible to receive benefits or services from the CDFI Fund or Recipients under any of its programs is entitled to those benefits or services without being subject to prohibited discrimination. The Department of the Treasury’s Office of Civil Rights and Diversity enforces various Federal statutes and regulations that prohibit discrimination in financially assisted and conducted programs and activities of the CDFI Fund. If a person believes that s/he has been subjected to discrimination and/or reprisal because of membership in a protected group, s/ he may file a complaint with: Associate Chief Human Capital Officer, Office of Civil Rights, and Diversity, 1500 Pennsylvania Ave NW, Washington, DC 20220 or (202) 622–1160 (not a toll-free number). E. Statutory and National Policy Requirements: The CDFI Fund will manage and administer the Federal award in a manner so as to ensure that Federal funding is expended and associated programs are implemented in full accordance with the U.S. Constitution, Federal Law, statutory, and public policy requirements: Including but not limited to, those protecting free speech, religious liberty, VerDate Sep<11>2014 21:07 Feb 18, 2021 Jkt 253001 public welfare, the environment, and prohibiting discrimination. VIII. Other Information A. Paperwork Reduction Act: Under the Paperwork Reduction Act (44 U.S.C. chapter 35), an agency may not conduct or sponsor a collection of information, and an individual is not required to respond to a collection of information, unless it displays a valid OMB control number. If applicable, the CDFI Fund may inform Applicants that they do not need to provide certain Application information otherwise required. Pursuant to the Paperwork Reduction Act, the CDFI Program, and NACA Program Application has been assigned the following control number: 1559– 0021 inclusive of PPC–FA, DF–FA, and HFFI–FA. B. Application Information Sessions: The CDFI Fund may conduct webinars or host information sessions for organizations that are considering applying to, or are interested in learning about, the CDFI Fund’s programs. For further information, visit the CDFI Fund’s website at http:// www.cdfifund.gov. Authority: 12 U.S.C. 4701, et seq.; 12 CFR parts 1805 and 1815; 2 CFR part 200. Jodie L. Harris, Director, Community Development Financial Institutions Fund. [FR Doc. 2021–03354 Filed 2–18–21; 8:45 am] BILLING CODE 4810–70–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Forms 1040–PR and 1040– SS Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. AGENCY: The Internal Revenue Service (IRS), 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 SUMMARY: PO 00000 Frm 00200 Fmt 4703 Sfmt 4703 Email addresses cdfihelp@cdfi.treas.gov ccme@cdfi.treas.gov AMIS@cdfi.treas.gov Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning Planilla para la Declaracio´n de la Contribucio´n Federal sobre el Trabajo por Cuenta Propia (Incluyendo el Cre´dito Tributario Adicional por Hijos para Residentes Bona Fide de Puerto Rico) and U.S. Self-Employment Tax Return (Including the Additional Child Tax Credit for Bona Fide Residents of Puerto Rico). DATES: Written comments should be received on or before April 20, 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 forms and instructions should be directed to Martha R. Brinson, at (202) 317–5753, or at Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, or through the internet at Martha.R.Brinson@irs.gov. SUPPLEMENTARY INFORMATION: Title: Planilla para la Declaracio´n de la Contribucio´n Federal sobre el Trabajo por Cuenta Propia (Incluyendo el Cre´dito Tributario Adicional por Hijos para Residentes Bona Fide de Puerto Rico). OMB Number: 1545–0090. Form Number: 1040–PR. Abstract: Form 1040–PR is used by self-employed individuals to figure and report self-employment tax under IRC chapter 2 of Subtitle A, and provide credit to the taxpayer’s social security account. Anejo H–PR is used to compute household employment taxes and the Form 1040–PR burden calculation includes this burden of 2,400 responses with 5,376 hours. 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 or households, Businesses and other forprofit organizations, Farms. Estimated Number of Respondents: 154,860. Estimated Time per Respondent: 11 hours, 34 minutes. Estimated Total Annual Burden Hours: 1,792,208. E:\FR\FM\19FEN1.SGM 19FEN1 tkelley on DSKBCP9HB2PROD with NOTICES Federal Register / Vol. 86, No. 32 / Friday, February 19, 2021 / Notices Title: U.S. Self-Employment Tax Return (Including the Additional Child Tax Credit for Bona Fide Residents of Puerto Rico). OMB Number: 1545–0090. Form Number: 1040–SS. Abstract: Form 1040–SS is used by self-employed individuals to figure and report self-employment tax under IRC chapter 2 of Subtitle A, and provide credit to the taxpayer’s social security account. Both of these forms are also used by bona-fide residents of Puerto Rico to claim the additional child tax credit. Current Actions: (1) Part I: A new line 11 was added, which will be used to enter the deferral of self-employment and household employment taxes as permitted by Section 2302 of the CARES Act (Pub. L. 116–136). (2) A new Part VII was added, which will be used by filers to figure the maximum amount of self-employment tax that can be deferred. The entire amount of self-employment tax will still be reported on Part V, line 12, and carried to Part I, line 3. The deferral figured in new Part VII will be used in the worksheet in the 2020 Instructions for Form 1040–SS to figure the total amount of self-employment and household employment taxes (from Schedule H (Form 1040)) that can be deferred for 2020. Type of Review: Revision of a currently approved collection. Affected Public: Individuals or households, Businesses and other forprofit organizations, Farms. Estimated Number of Respondents: 92,000. Estimated Time per Respondent: 11 hours, 57 minutes. Estimated Total Annual Burden Hours: 1,099,400. 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 VerDate Sep<11>2014 21:07 Feb 18, 2021 Jkt 253001 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 25, 2021. Martha R. Brinson, Tax Analyst. [FR Doc. 2021–03376 Filed 2–18–21; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 5309 Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. AGENCY: The Internal Revenue Service (IRS), 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 Application for Determination of Employee Stock Ownership Plan. DATES: Written comments should be received on or before April 20, 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 and instructions should be directed to Martha R. Brinson, at (202) 317–5753, or at Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, or through the internet at Martha.R.Brinson@irs.gov. SUPPLEMENTARY INFORMATION: Title: Application for Determination of Employee Stock Ownership Plan. OMB Number: 1545–0284. Form Number: 5309. Abstract: Internal Revenue Code section 404(a) allows employers an income tax deduction for contributions SUMMARY: PO 00000 Frm 00201 Fmt 4703 Sfmt 9990 10433 to their qualified deferred compensation plans. Form 5309 is used to request an IRS determination letter about whether the plan is qualified under Code section 409 or 4975(e)(7). 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: Businesses or other for-profit organizations. Estimated Number of Responses: 2,500. Estimated Time per Response: 10 hrs., 47 mins. Estimated Total Annual Burden Hours: 26,975. 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 25, 2021. Martha R. Brinson, Tax Analyst. [FR Doc. 2021–03375 Filed 2–18–21; 8:45 am] BILLING CODE 4830–01–P E:\FR\FM\19FEN1.SGM 19FEN1

Agencies

[Federal Register Volume 86, Number 32 (Friday, February 19, 2021)]
[Notices]
[Pages 10432-10433]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-03376]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Forms 1040-PR and 1040-
SS

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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

SUMMARY: The Internal Revenue Service (IRS), 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 Planilla para la 
Declaraci[oacute]n de la Contribuci[oacute]n Federal sobre el Trabajo 
por Cuenta Propia (Incluyendo el Cr[eacute]dito Tributario Adicional 
por Hijos para Residentes Bona Fide de Puerto Rico) and U.S. Self-
Employment Tax Return (Including the Additional Child Tax Credit for 
Bona Fide Residents of Puerto Rico).

DATES: Written comments should be received on or before April 20, 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 forms and instructions should be directed to Martha R. 
Brinson, at (202) 317-5753, or at Internal Revenue Service, Room 6526, 
1111 Constitution Avenue NW, Washington, DC 20224, or through the 
internet at [email protected].

SUPPLEMENTARY INFORMATION:
    Title: Planilla para la Declaraci[oacute]n de la 
Contribuci[oacute]n Federal sobre el Trabajo por Cuenta Propia 
(Incluyendo el Cr[eacute]dito Tributario Adicional por Hijos para 
Residentes Bona Fide de Puerto Rico).
    OMB Number: 1545-0090.
    Form Number: 1040-PR.
    Abstract: Form 1040-PR is used by self-employed individuals to 
figure and report self-employment tax under IRC chapter 2 of Subtitle 
A, and provide credit to the taxpayer's social security account. Anejo 
H-PR is used to compute household employment taxes and the Form 1040-PR 
burden calculation includes this burden of 2,400 responses with 5,376 
hours.
    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 or households, Businesses and other 
for-profit organizations, Farms.
    Estimated Number of Respondents: 154,860.
    Estimated Time per Respondent: 11 hours, 34 minutes.
    Estimated Total Annual Burden Hours: 1,792,208.

[[Page 10433]]

    Title: U.S. Self-Employment Tax Return (Including the Additional 
Child Tax Credit for Bona Fide Residents of Puerto Rico).
    OMB Number: 1545-0090.
    Form Number: 1040-SS.
    Abstract: Form 1040-SS is used by self-employed individuals to 
figure and report self-employment tax under IRC chapter 2 of Subtitle 
A, and provide credit to the taxpayer's social security account. Both 
of these forms are also used by bona-fide residents of Puerto Rico to 
claim the additional child tax credit.
    Current Actions:
    (1) Part I: A new line 11 was added, which will be used to enter 
the deferral of self-employment and household employment taxes as 
permitted by Section 2302 of the CARES Act (Pub. L. 116-136).
    (2) A new Part VII was added, which will be used by filers to 
figure the maximum amount of self-employment tax that can be deferred. 
The entire amount of self-employment tax will still be reported on Part 
V, line 12, and carried to Part I, line 3. The deferral figured in new 
Part VII will be used in the worksheet in the 2020 Instructions for 
Form 1040-SS to figure the total amount of self-employment and 
household employment taxes (from Schedule H (Form 1040)) that can be 
deferred for 2020.
    Type of Review: Revision of a currently approved collection.
    Affected Public: Individuals or households, Businesses and other 
for-profit organizations, Farms.
    Estimated Number of Respondents: 92,000.
    Estimated Time per Respondent: 11 hours, 57 minutes.
    Estimated Total Annual Burden Hours: 1,099,400.
    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 25, 2021.
Martha R. Brinson,
Tax Analyst.
[FR Doc. 2021-03376 Filed 2-18-21; 8:45 am]
BILLING CODE 4830-01-P