Notice2021-13760

Agency Information Collection Activities; Submission for OMB Review; Comment Request; Multiple Internal Revenue Service Information Collection Requests

Primary source

Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.

Published
June 29, 2021

Issuing agencies

Treasury Department

Abstract

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.

Full Text

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<title>Federal Register, Volume 86 Issue 122 (Tuesday, June 29, 2021)</title>
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[Federal Register Volume 86, Number 122 (Tuesday, June 29, 2021)]
[Notices]
[Page 34305]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-13760]


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DEPARTMENT OF THE TREASURY


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Multiple Internal Revenue Service Information 
Collection Requests

AGENCY: Departmental Offices, U.S. Department of the Treasury.

ACTION: Notice.

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SUMMARY: 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 must be received on or before July 29, 2021.

ADDRESSES: Written comments and recommendations for the proposed 
information collection should be sent within 30 days of publication of 
this notice to <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>. 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 Molly Stasko by emailing <a href="/cdn-cgi/l/email-protection#a5f5f7e4e5d1d7c0c4d6d0d7dc8bc2cad3"><span class="__cf_email__" data-cfemail="a2f2f0e3e2d6d0c7c3d1d7d0db8cc5cdd4">[email&#160;protected]</span></a>, calling (202) 
622-8922, or viewing the entire information collection request at 
<a href="http://www.reginfo.gov">www.reginfo.gov</a>.

SUPPLEMENTARY INFORMATION:

Internal Revenue Service (IRS)

    1. Title: Health Insurance Premium Tax Credit.
    OMB Control Number: 1545-2232.
    Type of Review: Extension of a currently approved collection.
    Description: The IRS developed Form 1095-A under the authority of 
ICR section 36B(f)(3) for marketplace exchanges to give enrollment 
information to individuals for use in computing the amount of premium 
tax credit to which they are entitled under the Patient Protection and 
Affordable Care Act, Public Law 111-148, as amended, and file an 
accurate tax return. Marketplaces also must report certain information 
monthly to the IRS about individuals who receive from the Marketplace a 
certificate of exemption from the individual shared responsibility 
provision.
    Form Number: IRS Form 1095-A.
    Affected Public: Business or other for-profits.
    Estimated Number of Respondents: 15.
    Frequency of Response: Annually, Monthly.
    Estimated Total Number of Annual Responses: 3,250,000.
    Estimated Time per Respondent: 0.3 minutes.
    Estimated Total Annual Burden Hours: 16,250 hours.
    2. Title: Information Reporting by Applicable Large Employers on 
Health Insurance Coverage Offered Under Employer-Sponsored Plans.
    OMB Control Number: 1545-2251.
    Type of Review: Extension of a currently approved collection.
    Description: 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).
    Form Number: IRS Form 1094-C, IRS Form 1095-C, and IRS Form 4423.
    Affected Public: Businesses and other for-profit organizations; and 
not-for-profit institutions.
    Estimated Number of Respondents: 105,400,006.
    Frequency of Response: Annually.
    Estimated Total Number of Annual Responses: 105,400,006.
    Estimated Time per Response: 4 hours for 1094-C, 12 minutes for 
1095-C, 20 minutes for Form 4423.
    Estimated Total Annual Burden Hours: 22,600,002 hours.

(Authority: 44 U.S.C. 3501 et seq.)

    Dated: June 23, 2021.
Molly Stasko,
Treasury PRA Clearance Officer.
[FR Doc. 2021-13760 Filed 6-28-21; 8:45 am]
BILLING CODE 4830-01-P


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Indexed from Federal Register on June 29, 2021.

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.