Notice2023-21529
Proposed Revision of Information Collection Request Submitted for Public Comment; Comment Request for Form 8933
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
September 29, 2023
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 Form 8933, Carbon Dioxide Sequestration Credit.
Full Text
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<title>Federal Register, Volume 88 Issue 188 (Friday, September 29, 2023)</title>
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[Federal Register Volume 88, Number 188 (Friday, September 29, 2023)]
[Notices]
[Page 67442]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-21529]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Revision of Information Collection Request Submitted for
Public Comment; Comment Request for Form 8933
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 Form 8933, Carbon Dioxide Sequestration Credit.
DATES: Written comments should be received on or before November 28,
2023 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#5c2c2e3d723f3331313932282f1c352e2f723b332a"><span class="__cf_email__" data-cfemail="423230236c212d2f2f272c3631022b30316c252d34">[email protected]</span></a>. Please
include, ``OMB Number: 1545-2132 or Form 8933'' in the Subject line.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the form and instructions should be directed to LaNita Van
Dyke, at (202) 317-3009, 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#c488a5aaadb0a5ea92a5aa80bdafa184adb6b7eaa3abb2"><span class="__cf_email__" data-cfemail="125e737c7b66733c44737c566b7977527b60613c757d64">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION:
Title: Carbon Dioxide Sequestration Credit.
OMB Number: 1545-2132.
Form Number: 8933.
Abstract: Use Form 8933 to claim the carbon oxide sequestration
credit. The credit is allowed for qualified carbon oxide that is
captured and disposed of or captured, used, and disposed of by the
taxpayer in secure geological storage. Only carbon oxide captured and
disposed of or used within the United States or a U.S. possession is
taken into account when figuring the credit.
Current Actions: Form 8933 has been updated and revised to reflect
new provisions under Public Law 117-169, section 13104.
Type of Review: Extension of a currently approved collection.
Affected Public: Businesses and other for-profit organizations,
Individuals or households, and Farms.
Estimated Number of Respondents: 250.
Estimated Time Per Respondent: 17 hours 31 min.
Estimated Total Annual Burden Hours: 4,380.
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 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: September 26, 2023.
Molly J. Stasko,
Senior Tax Analyst.
[FR Doc. 2023-21529 Filed 9-28-23; 8:45 am]
BILLING CODE 4830-01-P
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