Proposed Collection; Comment Request for Form 7004
Primary source
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Issuing agencies
Abstract
The Department of the Treasury, 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 Form 7004, Application for Automatic Extension of Time To File Certain Business Income Tax, Information, and Other Returns.
Full Text
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<title>Federal Register, Volume 87 Issue 75 (Tuesday, April 19, 2022)</title>
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[Federal Register Volume 87, Number 75 (Tuesday, April 19, 2022)]
[Notices]
[Page 23322]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-08324]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 7004
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
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SUMMARY: The Department of the Treasury, 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 Form 7004,
Application for Automatic Extension of Time To File Certain Business
Income Tax, Information, and Other Returns.
DATES: Written comments should be received on or before June 21, 2022
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 <a href="/cdn-cgi/l/email-protection#a6c9cbc488d3c8cfd2e6cfd4d588c1c9d0"><span class="__cf_email__" data-cfemail="81eeece3aff4efe8f5c1e8f3f2afe6eef7">[email protected]</span></a>. Include 1545-0233 or
Application for Automatic Extension of Time To File Certain Business
Income Tax, Information, and Other Returns in the subject line of the
message.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of this collection should be directed to LaNita Van Dyke, at
202-317-6009, at Internal Revenue Service, Room 6526, 1111 Constitution
Avenue NW, Washington, DC 20224, or through the internet at
<a href="/cdn-cgi/l/email-protection#0f436e61667b6e21596e614b76646a4f667d7c21686079"><span class="__cf_email__" data-cfemail="d19db0bfb8a5b0ff87b0bf95a8bab491b8a3a2ffb6bea7">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION:
Title: Application for Automatic Extension of Time To File Certain
Business Income Tax, Information, and Other Returns.
OMB Number: 1545-0233.
Form Number: 7004.
Abstract: Form 7004 is used by corporations and certain nonprofit
institutions to request an automatic extension of time to file their
income tax returns. The information is needed by IRS to determine
whether Form 7004 was timely filed so as not to impose a late filing
penalty in error and also to ensure that the proper amount of tax was
computed and deposited.
Current Actions: There are no changes being made to this form at
this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Businesses or other for-profit organizations and
non-profit institutions.
Estimated Number of Respondents: 1,818,037.
Estimated Time Per Respondent: 6 hr., 46 min.
Estimated Total Annual Burden Hours: 12,326,291.
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 14, 2022.
Andres Garcia Leon,
Supervisory Tax Analyst.
[FR Doc. 2022-08324 Filed 4-18-22; 8:45 am]
BILLING CODE 4830-01-P
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