Notice2022-18827
Proposed Extension of Information Collection Request Submitted for Public Comment; Comment Request Concerning Deduction for Energy Efficient Commercial Buildings
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
August 31, 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 deduction for energy efficient commercial buildings.
Full Text
<html>
<head>
<title>Federal Register, Volume 87 Issue 168 (Wednesday, August 31, 2022)</title>
</head>
<body><pre>
[Federal Register Volume 87, Number 168 (Wednesday, August 31, 2022)]
[Notices]
[Page 53551]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-18827]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Extension of Information Collection Request Submitted
for Public Comment; Comment Request Concerning Deduction for Energy
Efficient Commercial Buildings
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 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 deduction for energy efficient commercial buildings.
DATES: Written comments should be received on or before October 31,
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#7a0a081b54191517171f140e093a130809541d150c"><span class="__cf_email__" data-cfemail="374745561954585a5a52594344775e454419505841">[email protected]</span></a>. Include 1545-2004 or
Deduction for Energy Efficient Commercial Buildings 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#aee2cfc0c7dacf80f8cfc0ead7c5cbeec7dcdd80c9c1d8"><span class="__cf_email__" data-cfemail="3f735e51564b5e11695e517b46545a7f564d4c11585049">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION:
Title: Deduction for Energy Efficient Commercial Buildings.
OMB Number: 1545-2004.
Regulation Project Number: Notice 2006-52; Notice 2008-40.
Form Number: IRS Form 7205.
Abstract: These notices set forth a process that allows the owner
of energy efficient commercial building property to certify that the
property satisfies the requirements of section 179D(c)(1) and (d).
These notices also provide a procedure whereby the developer of
computer software may certify to the Internal Revenue Service that the
software is acceptable for use in calculating energy and power
consumption for purposes of section 179D of the Code. IRS Form 7205
will be used to claim the deduction for energy efficient commercial
buildings.
Current Actions: IRS is creating Form 7205 to standardize the
procedures for claiming the deduction for energy efficient commercial
building and renewing without changes to the Notices.
Type of Review: Revision of a currently approved collection.
Affected Public: Individuals or households, Businesses, and other
for-profit organizations.
Estimated Number of Respondents: 21,767.
Estimated Time per Respondent: 1.03 hours.
Estimated Total Annual Burden Hours: 22,421.
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.
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: August 26, 2022.
Andres Garcia Leon,
Supervisory Tax Analyst.
[FR Doc. 2022-18827 Filed 8-30-22; 8:45 am]
BILLING CODE 4830-01-P
</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>Indexed from Federal Register on August 31, 2022.
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.