Proposed Collection; Comment Request for Proposed Extension of Information Collection Request Submitted for Public Comment; Information Reporting by Applicable Large Employers on Health Insurance Coverage Offered Under Employer-Sponsored Plans, 20610 [2021-08021]

Agencies

• Internal Revenue Service
• DEPARTMENT OF THE TREASURY

[Federal Register Volume 86, Number 74 (Tuesday, April 20, 2021)]
[Notices]
[Page 20610]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-08021]



[[Page 20610]]

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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Proposed Extension of 
Information Collection Request Submitted for Public Comment; 
Information Reporting by Applicable Large Employers on Health Insurance 
Coverage Offered Under Employer-Sponsored Plans

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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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 requirements 
relating to the information reporting by applicable large employers on 
health insurance coverage offered under employer-sponsored plans.

DATES: Written comments should be received on or before June 21, 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: Form 1094-C, Transmittal of Employer-Provided Health 
Insurance Offer and Coverage Information Returns, Form 1095-C, 
Employer-Provided Health Insurance Offer and Coverage, and Form 4423, 
Application for Filing Affordable Care Act (ACA) Information Returns.

    OMB Number: 1545-2251.
    Form Numbers: Forms 1094-C, 1095-C, and 4423.
    Abstract: This program contains regulations providing guidance to 
employers that are subject to the information reporting requirements 
under section 6056 of the Internal Revenue Code, enacted by the Patient 
Protection and Affordable Care Act (Pub. L. 111-148 (124 Stat.119 
(2010))). Section 6056 requires those employers to report to the IRS 
information about their compliance with the employer shared 
responsibility provisions of section 4980H of the Code and about the 
health care coverage, if any, they have offered employees. Section 6056 
also requires those employers to furnish related statements to 
employees in order that employees may use the statements to help 
determine whether, for each month of the calendar year, they can claim 
on their tax returns a premium tax credit under section 36B of the Code 
(premium tax credit).

    Title: Form 1094-C.
    Current Actions: There is no change to this existing collection at 
this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Individuals or households, Business or other for-
profit, and not-for-profit entities.
    Estimated Number of Respondents: 400,000.
    Estimated Time per Respondent: 4 hours.
    Estimated Total Annual Burden Hours: 1,600,000.

    Title: Form 1095-C.
    Current Actions: There is no change to this existing collection at 
this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Individuals or households, Business or other for-
profit, and not-for-profit entities.
    Estimated Number of Respondents: 105,000,000.
    Estimated Time per Respondent: 12 minutes.
    Estimated Total Annual Burden Hours: 21,000,000.

    Title: Form 4423.
    Current Actions: There is no change to this existing collection at 
this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Individuals or households, Business or other for-
profit, and not-for-profit entities.
    Estimated Number of Respondents: 6.
    Estimated Time per Respondent: 20 minutes.
    Estimated Total Annual Burden Hours: 2 hours.

    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: April 8, 2021.
Martha R. Brinson,
Tax Analyst.
[FR Doc. 2021-08021 Filed 4-19-21; 8:45 am]
BILLING CODE 4830-01-P