Notice2022-11002
Proposed Extension of Information Collection Request Submitted for Public Comment; Comment Request Burden Related to the Quarterly Federal Excise Tax Returns
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
May 23, 2022
Issuing agencies
Treasury DepartmentInternal Revenue Service
Abstract
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. Currently, the IRS is soliciting comments concerning the burden associated with the quarterly federal excise tax returns.
Full Text
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<title>Federal Register, Volume 87 Issue 99 (Monday, May 23, 2022)</title>
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[Federal Register Volume 87, Number 99 (Monday, May 23, 2022)]
[Notices]
[Pages 31299-31300]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-11002]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Extension of Information Collection Request Submitted
for Public Comment; Comment Request Burden Related to the Quarterly
Federal Excise Tax Returns
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
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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. Currently, the IRS is soliciting comments
concerning the burden associated with the quarterly federal excise tax
returns.
DATES: Written comments should be received on or before July 22, 2022
to be assured of consideration.
ADDRESSES: Direct all written comments to Andr[eacute]s Garcia,
Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW,
Washington, DC 20224, or by email to <a href="/cdn-cgi/l/email-protection#a5d5d7c48bc6cac8c8c0cbd1d6e5ccd7d68bc2cad3"><span class="__cf_email__" data-cfemail="82f2f0e3ace1edefefe7ecf6f1c2ebf0f1ace5edf4">[email protected]</span></a>. Please
include, ``OMB Number: 1545-0023--Public Comment Request Notice'' in
the Subject line.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the form and instructions should be directed to Ronald J.
Durbala, at (202) 317-5746, 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#b0e2fadfc3d5c0d89ef4c5c2d2d1dcd1f0d9c2c39ed7dfc6"><span class="__cf_email__" data-cfemail="db8991b4a8beabb3f59faea9b9bab7ba9bb2a9a8f5bcb4ad">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION:
Title: Quarterly Federal Excise Tax Return.
OMB Number: 1545-0023.
Project Number: Form 720, Form 720-X, and Form 6627.
Abstract: Excise taxes are taxes paid when purchases are made on a
specific good, such as gasoline. 26 U.S.C. 4081 imposes tax for
miscellaneous excise taxes, manufacturers excise taxes, automotive and
related items, petroleum products and motor and aviation fuel. Form
720, Quarterly Federal Excise Tax Return, is used to report liability
by IRS number and to pay the excise taxes listed on the form. Form 720-
X is used to make adjustments to liability reported on Form 720 filed
in previous quarters. Form 6627 is used to figure the environmental tax
on petroleum, ODCs, imported products that used ODCs as materials in
the manufacture or production of the product, and the floor stocks tax
on ODCs. Form 6627 is filed with Form 720.
Current Actions: There is no change in the paperwork burden
previously approved by OMB. These forms are being submitted for renewal
purposes only.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations,
individuals, not-for-profit institutions, farms, and Federal, state,
local or tribal governments.
Estimated Number of Respondents: 205,400.
Estimated Time per Respondent: 11 hrs., 38 min.
Estimated Total Annual Burden Hours: 2,391,400.
The following paragraph applies to all 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 if 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.
Desired Focus of Comments: The Internal Revenue Service (IRS) is
particularly interested in comments that:
<bullet> Evaluate whether the proposed collection of information is
necessary for the proper performance of the functions of the agency,
including whether the information will have practical utility.
<bullet> Evaluate the accuracy of the agency's estimate of the
burden of the proposed collection of information, including the
validity of the methodology and assumptions used.
<bullet> Enhance the quality, utility, and clarity of the
information to be collected; and
<bullet> Minimize the burden of the collection of information on
those who are to respond, including using
[[Page 31300]]
appropriate automated, electronic, mechanical, or other technological
collection techniques or other forms of information technology, e.g.,
by permitting electronic submissions of responses.
Comments submitted in response to this notice will be summarized
and/or included in the ICR for OMB approval of the extension of the
information collection; they will also become a matter of public
record.
Approved: May 18, 2022.
Ronald J. Durbala,
IRS Tax Analyst.
[FR Doc. 2022-11002 Filed 5-20-22; 8:45 am]
BILLING CODE 4830-01-P
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