Agency Information Collection Activities; Submission for OMB Review; Comment Request; U.S. Tax-Exempt Organization Return, 87059-87060 [2023-27644]
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Federal Register / Vol. 88, No. 240 / Friday, December 15, 2023 / Notices
ddrumheller on DSK120RN23PROD with NOTICES1
SUPPLEMENTARY INFORMATION:
Title: Coronavirus Capital Projects
Fund.
OMB Control Number: 1505–0277.
Type of Review: Revision of a
currently approved collection.
Description: Section 604 of the Social
Security Act (the ‘‘Act’’), as added by
section 9901 of the American Rescue
Plan Act of 2021, Public Law 117–2
(Mar. 11, 2021) authorized the
Coronavirus Capital Projects Fund
(‘‘CPF’’). The CPF provides $10 billion
in funding for the Department of the
Treasury (‘‘Treasury’’) to provide grant
payments to States (defined to include
the District of Columbia and Puerto
Rico), seven territories and freely
associated states (including the United
States Virgin Islands, Guam, American
Samoa, the Commonwealth of the
Northern Mariana Islands, the Republic
of the Marshall Islands, the Federated
States of Micronesia, and the Republic
of Palau), and Tribal governments to
carry out critical capital projects
directly enabling work, education, and
health monitoring, including remote
options, in response to the public health
emergency with respect to the
Coronavirus Disease (‘‘COVID–19’’).
Section 604(b) of the Act prescribes
that the $10 billion be allocated to
eligible grant recipients according to a
formula provided in the statute.
Treasury has used this formula to
calculate the CPF grant fund allocations
for each eligible recipient and has
posted these allocations on its website.
In general, each State (including the
District of Columbia and Puerto Rico)
will receive between approximately
$107 million and $500 million, each of
the seven named territories and freely
associated states will receive
approximately $14 million, and each
Tribal government will receive
approximately $167,000.
Treasury has separately received
approval under OMB #1505–0274 for
information collections related to
applying for CPF grant awards
(‘‘Applications’’) and for specifying the
use of funds (‘‘Grant Plans’’).
For non-Tribal entities, the current
information collection is used to solicit
information related to quarterly project
and expenditure reports and annual
performance reports. Both information
collections are described generally in
the Compliance and Reporting Guidance
for States, Territories, and Freely
Associated Sates, which provides these
recipients information needed to fulfill
their reporting requirements and
compliance obligations.
For Tribal entities, the current
information collection will be used to
solicit information for annual reports.
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The information collection is described
generally in the Compliance and
Reporting Guidance for Tribal Entities,
which provides Tribal entities with
information needed to fulfill their
reporting requirements and compliance
obligations.
Form: None.
Affected Public: State, Territorial,
Tribal and Freely Associated States
Governments.
Estimated Number of Respondents:
609.
Frequency of Response: Quarterly,
Annually.
Estimated Total Number of Annual
Responses: 845.
Estimated Time per Response: Varies
from 20 to 80 hours per year depending
on type of respondent and report.
Estimated Total Annual Burden
Hours: 30,352.
(Authority: 44 U.S.C. 3501 et seq.)
Spencer W. Clark,
Treasury PRA Clearance Officer.
[FR Doc. 2023–27639 Filed 12–14–23; 8:45 am]
BILLING CODE 4810–AK–P
DEPARTMENT OF THE TREASURY
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request; U.S. TaxExempt Organization Return
Departmental Offices, U.S.
Department of the Treasury.
ACTION: Notice of information collection;
request for comment.
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 proposed
and/or continuing information
collections, as required by the
Paperwork Reduction Act of 1995. The
IRS is soliciting comments concerning
forms used by tax-exempt organizations.
DATES: Comments should be received on
or before January 16, 2024 to be assured
of consideration.
ADDRESSES: 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.
FOR FURTHER INFORMATION CONTACT:
Copies of the submissions may be
obtained from Melody Braswell by
SUMMARY:
PO 00000
Frm 00187
Fmt 4703
Sfmt 4703
87059
emailing PRA@treasury.gov, calling
(202) 622–1035, or viewing the entire
information collection request at
www.reginfo.gov.
SUPPLEMENTARY INFORMATION:
Internal Revenue Service (IRS)
These are forms used by tax-exempt
organizations. These include Forms 990,
990–EZ, 990–N, 990–PF, 990–T, and
related forms and schedules tax-exempt
organizations attach to their returns. In
addition, there are numerous Treasury
Decisions and guidance documents that
are covered by the burden estimate
provided in this notice.
Taxpayer Compliance Burden
Tax compliance burden is defined as
the time and money taxpayers spend to
comply with their tax filing
responsibilities. Time-related activities
include recordkeeping, tax planning,
gathering tax materials, learning about
the law and what you need to do, and
completing and submitting the return.
Out-of-pocket costs include expenses
such as purchasing tax software, paying
a third-party preparer, and printing and
postage. Tax compliance burden does
not include a taxpayer’s tax liability,
economic inefficiencies caused by suboptimal choices related to tax
deductions or credits, or psychological
costs.
Proposed PRA Submission to OMB
Title: U.S. Tax-Exempt Organization
Return.
OMB Number: 1545–0047.
Form Numbers: Forms 990, 990–EZ,
990–N, 990–PF, 990–T, 1023, 1023–EZ,
1024, 1024–A, 1028, 1120–POL, 4720,
5578, 5884–C, 5884–D, 6069, 6497,
7203, 8038, 8038–B, 8038–CP, 8038–G,
8038–GC, 8038–R, 8038–T, 8038–TC,
8282, 8328, 8330, 8453–TE., 8453–X,
8718, 8868, 8870, 8871, 8872, 8879–TE,
8886–T, 8899 and all other related
forms, schedules, and attachments.
Abstract: These forms and schedules
are used to determine that tax-exempt
organizations fulfill the operating
conditions within the limitations of
their tax exemption. The data is also
used for general statistical purposes.
Current Actions: There have been
changes in IRS guidance documents and
regulations related to various forms
approved under this approval package
during the past year. There have been
additions of forms included in this
approval package. This approval
package is being submitted for renewal
purposes.
Type of Review: Revision of a
currently approved collection.
Affected Public: Tax-exempt
organizations.
E:\FR\FM\15DEN1.SGM
15DEN1
87060
Federal Register / Vol. 88, No. 240 / Friday, December 15, 2023 / Notices
Estimated Number of Responses:
1,698,500.
Estimated Average Time per
Respondent (Hours): 55.2.
Estimated Total Time (Hours):
75,500,000.
Estimated Total Monetized Time ($):
$3,903,700,000.
Estimated Total Out-of-Pocket Costs
($): $1,978,400,000.
Estimated Total Monetized Burden
($): $5,882,100,000.
Total Monetized Burden = Total Out-ofPocket Costs + Total Monetized Time.
FISCAL YEAR 2024 FORM 990 SERIES TAXPAYER COMPLIANCE COST ESTIMATES
Type of return
+
Form 990
Projections of the Number of Returns to be Filed with IRS ....................
Estimated Average Total Time (Hours) ...................................................
Estimated Average Total Out-of-Pocket Costs ........................................
Estimated Average Total Monetized Burden ...........................................
351,100
107
$2,900
$9,900
990–EZ
990–PF
251,000
69
$600
$1,700
990–T
130,100
53
$2,200
$4,600
233,200
42
$2,200
$5,700
990–N
733,100
5
$20
$100
Source: IRS:RAAS:KDA:TBL (Dec 2023)
NOTE: Detail may not add due to rounding
FY2024 TAXPAYER BURDEN FORM 990/990EZ/990PF BY TOTAL POSITIVE INCOME
Average
time
(hrs)
Total positive income
1.
2.
3.
4.
5.
< $10k ............................................................................................................................................
$10k to $50k ..................................................................................................................................
$50k to $100k ................................................................................................................................
$100k to $1mil ...............................................................................................................................
> $1mil ...........................................................................................................................................
44
72
80
89
109
Source: IRS:RAAS:KDA:TBL (Dec 2023)
Authority: 44 U.S.C. 3501 et seq.
Melody Braswell,
Treasury PRA Clearance Officer.
[FR Doc. 2023–27644 Filed 12–14–23; 8:45 am]
ddrumheller on DSK120RN23PROD with NOTICES1
BILLING CODE 4830–01–P
VerDate Sep<11>2014
17:57 Dec 14, 2023
Jkt 262001
PO 00000
Frm 00188
Fmt 4703
Sfmt 9990
E:\FR\FM\15DEN1.SGM
15DEN1
Average
out-of-pocket
costs
$359
$634
$726
$1,473
$3,885
Average
monetized
burden
$792
$1,493
$1,901
$4,148
$13,318
]]>Agencies
[Federal Register Volume 88, Number 240 (Friday, December 15, 2023)]
[Notices]
[Pages 87059-87060]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-27644]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Agency Information Collection Activities; Submission for OMB
Review; Comment Request; U.S. Tax-Exempt Organization Return
AGENCY: Departmental Offices, U.S. Department of the Treasury.
ACTION: Notice of information collection; request for comment.
-----------------------------------------------------------------------
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
proposed and/or continuing information collections, as required by the
Paperwork Reduction Act of 1995. The IRS is soliciting comments
concerning forms used by tax-exempt organizations.
DATES: Comments should be received on or before January 16, 2024 to be
assured of consideration.
ADDRESSES: 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.
FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be
obtained from Melody Braswell by emailing [email protected], calling
(202) 622-1035, or viewing the entire information collection request at
www.reginfo.gov.
SUPPLEMENTARY INFORMATION:
Internal Revenue Service (IRS)
These are forms used by tax-exempt organizations. These include
Forms 990, 990-EZ, 990-N, 990-PF, 990-T, and related forms and
schedules tax-exempt organizations attach to their returns. In
addition, there are numerous Treasury Decisions and guidance documents
that are covered by the burden estimate provided in this notice.
Taxpayer Compliance Burden
Tax compliance burden is defined as the time and money taxpayers
spend to comply with their tax filing responsibilities. Time-related
activities include recordkeeping, tax planning, gathering tax
materials, learning about the law and what you need to do, and
completing and submitting the return. Out-of-pocket costs include
expenses such as purchasing tax software, paying a third-party
preparer, and printing and postage. Tax compliance burden does not
include a taxpayer's tax liability, economic inefficiencies caused by
sub-optimal choices related to tax deductions or credits, or
psychological costs.
Proposed PRA Submission to OMB
Title: U.S. Tax-Exempt Organization Return.
OMB Number: 1545-0047.
Form Numbers: Forms 990, 990-EZ, 990-N, 990-PF, 990-T, 1023, 1023-
EZ, 1024, 1024-A, 1028, 1120-POL, 4720, 5578, 5884-C, 5884-D, 6069,
6497, 7203, 8038, 8038-B, 8038-CP, 8038-G, 8038-GC, 8038-R, 8038-T,
8038-TC, 8282, 8328, 8330, 8453-TE., 8453-X, 8718, 8868, 8870, 8871,
8872, 8879-TE, 8886-T, 8899 and all other related forms, schedules, and
attachments.
Abstract: These forms and schedules are used to determine that tax-
exempt organizations fulfill the operating conditions within the
limitations of their tax exemption. The data is also used for general
statistical purposes.
Current Actions: There have been changes in IRS guidance documents
and regulations related to various forms approved under this approval
package during the past year. There have been additions of forms
included in this approval package. This approval package is being
submitted for renewal purposes.
Type of Review: Revision of a currently approved collection.
Affected Public: Tax-exempt organizations.
[[Page 87060]]
Estimated Number of Responses: 1,698,500.
Estimated Average Time per Respondent (Hours): 55.2.
Estimated Total Time (Hours): 75,500,000.
Estimated Total Monetized Time ($): $3,903,700,000.
Estimated Total Out-of-Pocket Costs ($): $1,978,400,000.
Estimated Total Monetized Burden ($): $5,882,100,000.
Total Monetized Burden = Total Out-of-Pocket Costs + Total
Monetized Time.
Fiscal Year 2024 Form 990 Series Taxpayer Compliance Cost Estimates
----------------------------------------------------------------------------------------------------------------
Type of return
+ ----------------------------------------------------------------
Form 990 990-EZ 990-PF 990-T 990-N
----------------------------------------------------------------------------------------------------------------
Projections of the Number of Returns to be 351,100 251,000 130,100 233,200 733,100
Filed with IRS................................
Estimated Average Total Time (Hours)........... 107 69 53 42 5
Estimated Average Total Out-of-Pocket Costs.... $2,900 $600 $2,200 $2,200 $20
Estimated Average Total Monetized Burden....... $9,900 $1,700 $4,600 $5,700 $100
----------------------------------------------------------------------------------------------------------------
Source: IRS:RAAS:KDA:TBL (Dec 2023)
Note: Detail may not add due to rounding
FY2024 Taxpayer Burden Form 990/990EZ/990PF by Total Positive Income
------------------------------------------------------------------------
Average
Total positive income Average Average out-of- monetized
time (hrs) pocket costs burden
------------------------------------------------------------------------
1. < $10k.................... 44 $359 $792
2. $10k to $50k.............. 72 $634 $1,493
3. $50k to $100k............. 80 $726 $1,901
4. $100k to $1mil............ 89 $1,473 $4,148
5. > $1mil................... 109 $3,885 $13,318
------------------------------------------------------------------------
Source: IRS:RAAS:KDA:TBL (Dec 2023)
Authority: 44 U.S.C. 3501 et seq.
Melody Braswell,
Treasury PRA Clearance Officer.
[FR Doc. 2023-27644 Filed 12-14-23; 8:45 am]
BILLING CODE 4830-01-P
