Proposed Collection; Requesting Comments on Tax-Exempt Organization Forms, 103934-103935 [2024-30067]
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103934
Federal Register / Vol. 89, No. 244 / Thursday, December 19, 2024 / Notices
TABLE 1—FISCAL YEAR 2025 ESTIMATED AVERAGE TAXPAYER BURDEN FOR INDIVIDUALS FILING A 1040 BY ACTIVITY
Primary form filed or type of taxpayer
Time burden
Money burden
Average time burden
(hours)
Percentage
of returns
Total time
All Taxpayers .........................
Type of Taxpayer:
Nonbusiness * .................
Business * .......................
Recordkeeping
Tax
planning
Form
completion
and
submission
Average
cost
(dollars)
All other
Total
monetized
burden
(dollars)
100
13
5
3
4
1
$290
$560
71
29
8
24
3
11
1
5
3
6
1
2
160
620
310
1,170
Note: Detail may not add to total due to rounding. Dollars rounded to the nearest $10.
*A ‘‘business’’ filer files one or more of the following with Form 1040: Schedule C, E, F, or Form 2106. A ‘‘nonbusiness’’ filer does not file any
of these schedules or forms with Form 1040.
Source: IRS:RAAS:KDA:TBL (11–25–2024).
TABLE 2—FISCAL YEAR 2025 TAXPAYER BURDEN STATISTICS BY TOTAL POSITIVE INCOME QUINTILE
Average time
(hours)
Total positive income quintiles
Average
out-of-pocket
costs
Average total
monetized burden
All Filers
0 to 20 ................................................................................................................................
20 to 40 ..............................................................................................................................
40 to 60 ..............................................................................................................................
60 to 80 ..............................................................................................................................
80 to 100 ............................................................................................................................
7.8
10.9
11.6
13.1
22.7
$80
128
165
232
726
$146
242
327
480
1,497
6.9
9.3
9.0
9.1
10.8
71
112
139
185
322
129
212
277
384
737
11.9
18.5
21.0
22.0
33.1
125
204
258
338
1,077
225
379
507
697
2,155
Wage and Investment Filers
0 to 20 ................................................................................................................................
20 to 40 ..............................................................................................................................
40 to 60 ..............................................................................................................................
60 to 80 ..............................................................................................................................
80 to 100 ............................................................................................................................
Self Employed Filers
0 to 20 ................................................................................................................................
20 to 40 ..............................................................................................................................
40 to 60 ..............................................................................................................................
60 to 80 ..............................................................................................................................
80 to 100 ............................................................................................................................
Source IRS:RAAS:KDA:TBL (11–25–2024).
(Authority: 44 U.S.C. 3501 et seq.)
Melody Braswell,
Treasury PRA Clearance Officer.
[FR Doc. 2024–30074 Filed 12–18–24; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
lotter on DSK11XQN23PROD with NOTICES1
Proposed Collection; Requesting
Comments on Tax-Exempt
Organization Forms
Departmental Offices, U.S.
Department of the Treasury.
ACTION: Notice.
AGENCY:
The Internal Revenue Service,
as part of its continuing effort to reduce
paperwork and respondent burden,
invites the public and other federal
SUMMARY:
VerDate Sep<11>2014
18:08 Dec 18, 2024
Jkt 265001
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 21, 2025 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.
PO 00000
Frm 00171
Fmt 4703
Sfmt 4703
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:
Internal Revenue Service (IRS)
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,
E:\FR\FM\19DEN1.SGM
19DEN1
Federal Register / Vol. 89, No. 244 / Thursday, December 19, 2024 / Notices
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 regulatory guidance related
to various forms approved under this
approval package during the past year.
There have been additions and removals
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.
Estimated Number of Respondents:
1,711,300.
Estimated Time per Respondent
(Hours): 42 hours, 55 minutes.
Estimated Total Annual Time (Hours):
73,440,000.
Estimated Total Annual Monetized
Time ($): 3,887,000,000.
Estimated Total Out-of-Pocket Costs
($): 1,963,400,000.
Estimated Total Monetized Burden
($): 5,850,400,000.
Note: Total Monetized Burden = Total Outof-Pocket Costs + Total Monetized Time.
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
103935
provided in this Notice. See Appendix
B for a list.
Tax 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.
BURDEN TOTAL ESTIMATES FOR THE FORM 990 SERIES OF RETURNS AND ASSOCIATED FORMS, SCHEDULES, AND
REGULATIONS
[Fiscal year 2025]
Fiscal year 2024
Program change
due to
technical
adjustment
Program
change
due to
legislative
adjustment
Program
change
due to
agency
adjustment
Fiscal year 2025
Number of Taxpayers ......................................
Burden in Hours ...............................................
Burden in Monetized Hours .............................
Out-of-Pocket Costs .........................................
1,698,500
75,490,000
$3,903,500,000
$1,978,500,000
12,800
(2,050,000)
($16,500,000)
($15,100,000)
........................
........................
........................
........................
........................
........................
........................
........................
1,711,300
73,440,000
$3,887,000,000
$1,963,400,000
Total Monetized Burden * .........................
$5,882,000,000
($31,600,000)
........................
........................
$5,850,400,000
Source: IRS:RAAS:KDA:BRDN (12–10–24).
Total Monetized Burden = Burden in Monetized Hours + Out-of-Pocket Costs.
Note: Reported time and cost burdens are national averages and do not necessarily reflect a ‘‘typical’’ case. Most taxpayers experience lower
than average burden, with taxpayer burden varying considerably by taxpayer type. Detail may not add due to rounding.
Authority: 44 U.S.C. 3501 et seq.
Melody Braswell,
Treasury PRA Clearance Officer.
[FR Doc. 2024–30067 Filed 12–18–24; 8:45 am]
lotter on DSK11XQN23PROD with NOTICES1
BILLING CODE 4830–01–P
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18:08 Dec 18, 2024
Jkt 265001
PO 00000
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]]>Agencies
[Federal Register Volume 89, Number 244 (Thursday, December 19, 2024)]
[Notices]
[Pages 103934-103935]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-30067]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Proposed Collection; Requesting Comments on Tax-Exempt
Organization Forms
AGENCY: Departmental Offices, U.S. Department of the Treasury.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Internal Revenue Service, as part of its continuing effort
to reduce paperwork and respondent burden, invites the 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 21, 2025 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)
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,
[[Page 103935]]
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 regulatory guidance
related to various forms approved under this approval package during
the past year. There have been additions and removals 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.
Estimated Number of Respondents: 1,711,300.
Estimated Time per Respondent (Hours): 42 hours, 55 minutes.
Estimated Total Annual Time (Hours): 73,440,000.
Estimated Total Annual Monetized Time ($): 3,887,000,000.
Estimated Total Out-of-Pocket Costs ($): 1,963,400,000.
Estimated Total Monetized Burden ($): 5,850,400,000.
Note: Total Monetized Burden = Total Out-of-Pocket Costs + Total
Monetized Time.
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. See
Appendix B for a list.
Tax 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.
Burden Total Estimates for the Form 990 Series of Returns and Associated Forms, Schedules, and Regulations
[Fiscal year 2025]
--------------------------------------------------------------------------------------------------------------------------------------------------------
Program change
Program change due to Program change
Fiscal year 2024 due to technical legislative due to agency Fiscal year 2025
adjustment adjustment adjustment
--------------------------------------------------------------------------------------------------------------------------------------------------------
Number of Taxpayers........................................... 1,698,500 12,800 .............. .............. 1,711,300
Burden in Hours............................................... 75,490,000 (2,050,000) .............. .............. 73,440,000
Burden in Monetized Hours..................................... $3,903,500,000 ($16,500,000) .............. .............. $3,887,000,000
Out-of-Pocket Costs........................................... $1,978,500,000 ($15,100,000) .............. .............. $1,963,400,000
-----------------------------------------------------------------------------------------
Total Monetized Burden *.................................. $5,882,000,000 ($31,600,000) .............. .............. $5,850,400,000
--------------------------------------------------------------------------------------------------------------------------------------------------------
Source: IRS:RAAS:KDA:BRDN (12-10-24).
Total Monetized Burden = Burden in Monetized Hours + Out-of-Pocket Costs.
Note: Reported time and cost burdens are national averages and do not necessarily reflect a ``typical'' case. Most taxpayers experience lower than
average burden, with taxpayer burden varying considerably by taxpayer type. Detail may not add due to rounding.
Authority: 44 U.S.C. 3501 et seq.
Melody Braswell,
Treasury PRA Clearance Officer.
[FR Doc. 2024-30067 Filed 12-18-24; 8:45 am]
BILLING CODE 4830-01-P
