Notice2024-06680
Agency Information Collection Activities; Submission for OMB Review; Comment Request; Multiple Internal Revenue Service (IRS) Information Collection Requests
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
March 29, 2024
Issuing agencies
Treasury Department
Abstract
The Department of the Treasury will submit the following information collection requests to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, on or after the date of publication of this notice. The public is invited to submit comments on these requests.
Full Text
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<title>Federal Register, Volume 89 Issue 62 (Friday, March 29, 2024)</title>
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[Federal Register Volume 89, Number 62 (Friday, March 29, 2024)]
[Notices]
[Pages 22241-22243]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-06680]
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DEPARTMENT OF THE TREASURY
Agency Information Collection Activities; Submission for OMB
Review; Comment Request; Multiple Internal Revenue Service (IRS)
Information Collection Requests
AGENCY: Departmental Offices, Department of the Treasury.
ACTION: Notice.
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SUMMARY: The Department of the Treasury will submit the following
information collection requests to the Office of Management and Budget
(OMB) for review and clearance in accordance with the Paperwork
Reduction Act of 1995, on or after the date of publication of this
notice. The public is invited to submit comments on these requests.
DATES: Comments should be received on or before April 29, 2024 to be
assured of consideration.
ADDRESSES: Written comments and recommendations for the proposed
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information collection should be sent within 30 days of publication of
this notice to <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>. Find this particular
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function.
FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be
obtained from Melody Braswell by emailing <a href="/cdn-cgi/l/email-protection#0454564544707661657771767d2a636b72"><span class="__cf_email__" data-cfemail="a5f5f7e4e5d1d7c0c4d6d0d7dc8bc2cad3">[email protected]</span></a>, calling
(202) 622-1035, or viewing the entire information collection request at
<a href="http://www.reginfo.gov">www.reginfo.gov</a>.
SUPPLEMENTARY INFORMATION:
Internal Revenue Service (IRS)
1. Title: Application for Approval of Prototype Simplified Employee
Pension (SEP) or Savings Incentive Match Plan for Employees of Small
Employers (SIMPLE IRA Plan).
OMB Number: 1545-0199.
Form Number: 5306-A.
Abstract: This form is used by banks, credit unions, insurance
companies, and trade or professional associations to apply for approval
of a simplified employee pension plan or a Savings Incentive Match Plan
to be used by more than one employer. The data collected is used to
determine if the prototype plan submitted is an approved plan.
Current Actions: There are no changes being made to the form at
this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations.
Estimated Number of Respondents: 6.
Estimated Time per Respondent: 19 hours, 37 minutes.
Estimated Total Annual Burden Hours: 116.
2. Title: U.S. Estate (and Generation-Skipping Transfer) Tax Return
Estate of Nonresident not a Citizen of the U.S.
OMB Number: 1545-0531.
Form Number: 706-NA.
Abstract: Form 706-NA is used to compute estate and generation-
skipping transfer tax liability for nonresident alien decedents in
accordance with section 6018 of the Internal Revenue Code. IRS uses the
information on the form to determine the correct amount of tax and
credits.
Current Actions: There are no changes being made to the collection
at this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals or households; and Businesses or other
for-profit organizations.
Estimated Number of Responses: 20,500.
Estimated Time per Respondent: 4 hours, 48 minutes.
Estimated Total Annual Burden Hours: 91,840.
3. Title: Annual Certification for Multiemployer Defined Benefit
Plans.
OMB Number: 1545-2111.
Form Number: 15315.
Abstract: Internal Revenue Code section 432(b)(3) requires an
actuarial certification of whether a multiemployer plan is in
endangered status, and whether a multiemployer plan is or will be in
critical status, for each plan year. This certification must be
completed by the 90th day of the plan year and must be provided to the
Secretary of the Treasury and to the plan sponsor. If the certification
is with respect to a plan year that is within the plan's funding
improvement period or rehabilitation period arising from a prior
certification of endangered or critical status, the actuary must also
certify whether the plan is making scheduled progress in meeting the
requirements of its funding improvement or rehabilitation plan.
Actuaries submit Form 15315 to report the actuarial certification
of a multiemployer plan's status.
Current Actions: There is no change to the existing collection.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations, Not-
for-profit institutions.
Estimated Number of Responses: 1,200.
Estimated Time per Respondent: 45 minutes.
Estimated Total Annual Burden Hours: 900.
4. Title: Grandfathered Health Plan.
OMB Number: 1545-2178.
Form Project Number: TD 9744.
Abstract: This document contains final regulations regarding
grandfathered health plans, preexisting condition exclusions, lifetime
and annual dollar limits on benefits, rescissions, coverage of
dependent children to age 26, internal claims and appeal and external
review processes, and patient protections under the Affordable Care
Act. It finalizes changes to the proposed and interim final rules based
on comments and incorporates sub regulatory guidance issued since
publication of the proposed and interim final rules.
Current Actions: Adjustments to the burden estimates result from
updated estimates on the number of grandfathered group health plans and
increases in wage and postage rates. These updated data inputs reduce
the hour burden by 1,550 hours compared with the prior submission and
reduce the cost burden by $241,267 compared with the prior submission.
Type of Review: Revision of a currently approved collection.
Affected Public: Private Sector--Businesses or other for-profits
and not for profit institutions.
Estimated Number of Responses: 8,868,468.
Estimated Time per Respondent: 2 min.
Estimated Total Annual Burden Hours: 655.
5. Title: Qualification and Transfer of Credit under Sections 30D
and 25E from Taxpayer to Eligible Entity.
OMB Number: 1545-2311.
Abstract: Under the procedures prescribed in these revenue
procedures, a dealer of a new clean vehicle or previously owned clean
vehicle that wishes to partake in the advanced payment program under
IRC sections 30D(g) and 25E(f) must register with the IRS through the
IRS Identity Registration System and through the IRS Clean Vehicle
Sales Portal. At the time of registration through the IRS Clean Vehicle
Sales Portal, the dealer must provide certain information to the IRS
and make certain certifications. After those are complete, the IRS will
perform a tax compliance check to ensure the dealer is compliant with
its tax obligations. After a taxpayer makes a transfer election under
IRC sections 30D(g) or 25E(f) to the dealer, a dealer must upload
certain information through the IRS Clean Vehicle Sales Portal, and the
IRS, upon review, and if all conditions are met, will issue a payment
to the dealer.
Qualified manufacturers who wish to have certain new clean vehicles
qualify for the IRC section 30D credit in the subsequent year must
submit certain information related to applicable critical minerals and
battery components.
The IRS created a Clean Vehicles Sale Portal for qualified
manufacturers, dealers, and sellers to register and provide the
requisite information. The likely respondents are businesses and other
for-profit entities.
Current Actions: There are changes to the existing collection. The
IRS is revising this collection to add reporting obligations for
qualified manufacturers to submit to the Department of Energy (DOE).
This creates a modified collection obligation for qualified
manufacturers related to applicable critical minerals and battery
components. This modification provides that qualified manufacturers who
wish to have certain new clean vehicles qualify for the IRC section 30D
credit in the subsequent year must submit a report to the DOE that
includes
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supporting documentation in relation to battery components and
applicable critical minerals, as well as associated constituent
materials, contained in the battery from which the electric motor of
the vehicle draws electricity; and submit attestations under penalty of
perjury.
Type of Review: Revision of a currently approved collection.
Affected Public: Business or other for-profit organizations.
Estimated Number of Responses: 1,031,150.
Estimated Average Time per Respondent: 116 hours, 30 minutes.
Estimated Total Annual Burden Hours: 301,138.
Authority: 44 U.S.C. 3501 et seq.
Melody Braswell,
Treasury PRA Clearance Officer.
[FR Doc. 2024-06680 Filed 3-28-24; 8:45 am]
BILLING CODE 4830-01-P
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