Notice2022-28402
Proposed Collection; Requesting Comments on Form 8936, Qualified Plug-in Electric Drive Motor Vehicle Credit and Revenue Procedure 2022-42
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
December 30, 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 general public and other Federal agencies to take this opportunity to comment on continuing information collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning qualified plug-in electric vehicle credit and Revenue Procedure 2022- 42.
Full Text
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<title>Federal Register, Volume 87 Issue 250 (Friday, December 30, 2022)</title>
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[Federal Register Volume 87, Number 250 (Friday, December 30, 2022)]
[Notices]
[Pages 80578-80579]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-28402]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Requesting Comments on Form 8936, Qualified
Plug-in Electric Drive Motor Vehicle Credit and Revenue Procedure 2022-
42
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 general public
and other Federal agencies to take this opportunity to comment on
continuing information collections, as required by the Paperwork
Reduction Act of 1995. The IRS is soliciting comments concerning
qualified plug-in electric vehicle credit and Revenue Procedure 2022-
42.
DATES: Written comments should be received on or before February 28,
2023 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#90e0e2f1bef3fffdfdf5fee4e3d0f9e2e3bef7ffe6"><span class="__cf_email__" data-cfemail="e6969487c885898b8b83889295a68f9495c8818990">[email protected]</span></a>. Include OMB Control No.
1545-2137 in the subject line of the message.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of this collection should be directed to Andres Garcia, (202)
317-4542, 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#83e2ede7f1e6f0ade4e2f1e0eae2c3eaf1f0ade4ecf5"><span class="__cf_email__" data-cfemail="4c2d22283e293f622b2d3e2f252d0c253e3f622b233a">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION:
Title: Qualified Plug-in Electric Vehicle Credit and Rev. Proc
2022-46.
OMB Number: 1545-2137.
Form Number: 8936, 8936-A and Schedule 1 (Form 8936-A).
Abstract: For tax years beginning after 2008, Form 8936 is used to
figure the credit for qualified plug-in electric drive motor vehicles
placed in service during the tax year. The credit attributable to
[[Page 80579]]
depreciable property (vehicles used for business or investment
purposes) is treated as a general business credit. Any credit not
attributable to depreciable property is treated as a personal credit.
For tax year beginning after 2022, Form 8936-A and Schedule 1 (Form
8936-A) are used to figure the Qualified Commercial Clean Vehicle
Credit. Notice 2009-54 sets forth guidance relating to the qualified
plug-in electric drive motor vehicle credit under section 30D of the
Internal Revenue Code, as in effect for vehicles acquired after
December 31, 2009. Revenue Procedure 2022-42 (Rev. Proc. 2022-42)
provides procedures for a vehicle manufacturer to certify that they are
a qualified manufacturer of such vehicles and submit reports that a
motor vehicle meets certain requirements for the clean vehicle
credit(s) available under sections 30D, 45W, and/or 25E, to report the
amount of the credit available with respect to the motor vehicle, and
for sellers to report the sales of such vehicles.
Current Actions: There are no changes being made to the collection.
IRS is seeking approval to extend the OMB expiration date.
Type of Review: Extension of a currently approved collection.
Affected Public: Individual, businesses, and other for-profit
organizations.
Form 8936:
Estimated Number of Respondents: 500.
Estimated Number of Responses: 500.
Estimated Time per Response: 7 hours.
Estimated Total Annual Burden Hours: 35,000.
Form 8936-A and Schedule 1 (Form 8936-A):
Estimated Number of Respondents: 129.
Estimated Number of Responses: 129.
Estimated Time per Response: 2.90 hours.
Estimated Total Annual Burden Hours: 374 hours.
Notice 2009-89:
Estimated Number of Respondents: 12.
Estimated Number of Responses: 12.
Estimated Time Per Response: 23.33 hours.
Estimated Total Annual Burden Hours: 280 hours.
Rev. Proc. 2022-42, annual reports:
Estimated Number of Respondents: 52,165. Estimated Number of
Responses: 52,165.
Estimated Time per Response: 15 minutes.
Estimated Total Annual Burden Hours: 13,041 hours.
Rev. Proc. 2022-42, monthly reports:
Estimated Number of Respondents: 150.
Estimated Number of Responses: 1,800.
Estimated Time per Response: 15 minutes.
Estimated Total Annual Burden Hours: 450 hours.
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: December 23, 2022.
Andres Garcia Leon,
Supervisory Tax Analyst.
[FR Doc. 2022-28402 Filed 12-29-22; 8:45 am]
BILLING CODE 4830-01-P
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