Agency Collection Activities; Requesting Comments on Form 1094-C, Form 1095-C, and Form 4423, 32526 [2024-09021]
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32526
Federal Register / Vol. 89, No. 82 / Friday, April 26, 2024 / Notices
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Agency Collection Activities;
Requesting Comments on Form 1094–
C, Form 1095–C, and Form 4423
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 proposed and/or
continuing information collections, as
required by the Paperwork Reduction
Act of 1995. The IRS is soliciting
comments concerning 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.
DATES: Written comments should be
received on or before June 25, 2024 to
be assured of consideration.
ADDRESSES: Direct all written comments
to Andres Garcia, Internal Revenue
Service, Room 6526, 1111 Constitution
Avenue NW, Washington, DC 20224, or
by email to pra.comments@irs.gov.
Include OMB Control No. 1545–2251 in
the subject line of the message.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of this collection should be
directed to Jason Schoonmaker, (801)
620–2128, at Internal Revenue Service,
Room 6526, 1111 Constitution Avenue
NW, Washington, DC 20224, or through
the internet at jason.m.schoonmaker@
irs.gov.
SUPPLEMENTARY INFORMATION: The IRS is
currently seeking comments concerning
the following information collection
tools, reporting, and record-keeping
requirements:
Title: Information Reporting by
Applicable Large Employers on Health
Insurance Coverage Offered Under
Employer-Sponsored Plans.
OMB Number: 1545–2251.
Form Number: Forms 1099–C, 1095–
C, and 4423.
Abstract: Applicable Large Employer
Members (ALE Members) use Forms
1094–C and 1095–C to report the
information required under Internal
Revenue Code sections 6055 and 6056
regarding offers of health coverage and
enrollment in health coverage for their
full-time employees.
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SUMMARY:
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20:31 Apr 25, 2024
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Form 4423 is used when a company
is a foreign filer that does not have an
Employer Identification Number (EIN)
and cannot use the electronic
application process to apply for an
Affordable Care Act Transmitter Control
Code.
Current Actions: There is no change to
the existing collection. However, the
estimated number of responses was
updated based on current filing data.
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 Responses:
123,234,664.
Estimated Time per Respondent: 4
hours for 1094–C, 12 minutes for 1095–
C, 20 minutes for Form 4423.
Estimated Total Annual Burden
Hours: 26,890,001.
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: April 19, 2024.
Jason M. Schoonmaker,
Tax Analyst.
[FR Doc. 2024–09021 Filed 4–25–24; 8:45 am]
BILLING CODE 4830–01–P
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DEPARTMENT OF THE TREASURY
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request; Multiple
Internal Revenue Service (IRS)
Information Collection Requests
Departmental Offices, U.S.
Department of the Treasury.
ACTION: Notice.
AGENCY:
The Department of the
Treasury will submit the following
information collection requests to the
Office of Management and Budget
(OMB) for review and clearance in
accordance with the Paperwork
Reduction Act of 1995, on or after the
date of publication of this notice. The
public is invited to submit comments on
these requests.
DATES: Comments should be received on
or before May 28, 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 PRA@treasury.gov, calling
(202) 622–1035, or viewing the entire
information collection request at
www.reginfo.gov.
SUPPLEMENTARY INFORMATION:
SUMMARY:
Internal Revenue Service (IRS)
1. Title: Excise Tax on Repurchase of
Corporate Stock.
OMB Number: 1545-New.
Form Project Number: Form 7208.
Abstract: Section 4501 was added to
a new chapter 37 of the Code by the
enactment of Public Law 117–169, 136
Stat. 1818 (August 16, 2022), commonly
referred to as the Inflation Reduction
Act of 2022 (IRA). Form 7208 is used to
figure the excise tax on stock
repurchases. If more lines for any part
of the form are needed, taxpayers are to
prepare a continuation sheet using the
same format as the form. Form 7208 and
any continuation sheet is to be attached
to Form 720, Quarterly Federal Excise
Tax Return.
Current Actions: This is a request for
new OMB approval.
Type of Review: This is a new
collection.
Affected Public: Business or other forprofit organizations.
E:\FR\FM\26APN1.SGM
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]]>Agencies
[Federal Register Volume 89, Number 82 (Friday, April 26, 2024)]
[Notices]
[Page 32526]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-09021]
[[Page 32526]]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Agency Collection Activities; Requesting Comments on Form 1094-C,
Form 1095-C, and Form 4423
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
proposed and/or continuing information collections, as required by the
Paperwork Reduction Act of 1995. The IRS is soliciting comments
concerning 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.
DATES: Written comments should be received on or before June 25, 2024
to be assured of consideration.
ADDRESSES: Direct all written comments to Andres Garcia, Internal
Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC
20224, or by email to [email protected]. Include OMB Control No.
1545-2251 in the subject line of the message.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of this collection should be directed to Jason Schoonmaker,
(801) 620-2128, at Internal Revenue Service, Room 6526, 1111
Constitution Avenue NW, Washington, DC 20224, or through the internet
at [email protected].
SUPPLEMENTARY INFORMATION: The IRS is currently seeking comments
concerning the following information collection tools, reporting, and
record-keeping requirements:
Title: Information Reporting by Applicable Large Employers on
Health Insurance Coverage Offered Under Employer-Sponsored Plans.
OMB Number: 1545-2251.
Form Number: Forms 1099-C, 1095-C, and 4423.
Abstract: Applicable Large Employer Members (ALE Members) use Forms
1094-C and 1095-C to report the information required under Internal
Revenue Code sections 6055 and 6056 regarding offers of health coverage
and enrollment in health coverage for their full-time employees.
Form 4423 is used when a company is a foreign filer that does not
have an Employer Identification Number (EIN) and cannot use the
electronic application process to apply for an Affordable Care Act
Transmitter Control Code.
Current Actions: There is no change to the existing collection.
However, the estimated number of responses was updated based on current
filing data.
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 Responses: 123,234,664.
Estimated Time per Respondent: 4 hours for 1094-C, 12 minutes for
1095-C, 20 minutes for Form 4423.
Estimated Total Annual Burden Hours: 26,890,001.
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: April 19, 2024.
Jason M. Schoonmaker,
Tax Analyst.
[FR Doc. 2024-09021 Filed 4-25-24; 8:45 am]
BILLING CODE 4830-01-P
