Notice2024-19400
Proposed Collection; Comment Request for U.S. Employment Tax Returns and Related Forms; CT-1, CT-1X, CT-2, SS-8, SS-8 (PR), W-2, W-2 AS, W-2 C, W-2 GU, W-2 VI, W-3, W-3 (PR), W-3 C, W-3 C (PR), W-3 SS, 940, 940 (PR), 940 SCH A, 940 SCH A (PR), 940 SCH R, 941, 941 (PR), 941 SCH B, 941 SCH B (PR), 941 SCH D, 941 SCH R, 941 SS, 941 X, 941 X (PR), 943, 943 (PR), 943 A, 943 A (PR), 943 SCH R, 943 X, 943 X (PR), 944, 944 X, 945, 945 A, 945 X, 2032, 2678, 8027, 8027 T, 8453 EMP, 8850, 8879 EMP, 8922, 8952, and 8974
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 29, 2024
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 proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995 (PRA). The IRS is soliciting comments on U.S. Employment Tax Returns and related Forms.
Full Text
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<title>Federal Register, Volume 89 Issue 168 (Thursday, August 29, 2024)</title>
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[Federal Register Volume 89, Number 168 (Thursday, August 29, 2024)]
[Notices]
[Pages 70253-70255]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-19400]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for U.S. Employment Tax
Returns and Related Forms; CT-1, CT-1X, CT-2, SS-8, SS-8 (PR), W-2, W-2
AS, W-2 C, W-2 GU, W-2 VI, W-3, W-3 (PR), W-3 C, W-3 C (PR), W-3 SS,
940, 940 (PR), 940 SCH A, 940 SCH A (PR), 940 SCH R, 941, 941 (PR), 941
SCH B, 941 SCH B (PR), 941 SCH D, 941 SCH R, 941 SS, 941 X, 941 X (PR),
943, 943 (PR), 943 A, 943 A (PR), 943 SCH R, 943 X, 943 X (PR), 944,
944 X, 945, 945 A, 945 X, 2032, 2678, 8027, 8027 T, 8453 EMP, 8850,
8879 EMP, 8922, 8952, and 8974
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
proposed and/or continuing information collections, as required by the
Paperwork Reduction Act of 1995 (PRA). The IRS is soliciting comments
on U.S. Employment Tax Returns and related Forms.
DATES: Written comments should be received on or before October 28,
2024 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 <a href="/cdn-cgi/l/email-protection#e2929083cc818d8f8f878c9691a28b9091cc858d94"><span class="__cf_email__" data-cfemail="651517044b060a0808000b1116250c17164b020a13">[email protected]</span></a>. Include 1545-0029 or U.S.
Employment Tax Returns and Related Forms.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the forms and instructions should be directed to Kerry
Dennis, at (202) 317-5751, Internal Revenue Service, Room 6526, 1111
Constitution Avenue NW, Washington, DC 20224, or through the internet,
at <a href="/cdn-cgi/l/email-protection#1b507e696962355f7e757572685b726968357c746d"><span class="__cf_email__" data-cfemail="c388a6b1b1baed87a6adadaab083aab1b0eda4acb5">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION:
Tax Compliance Burden
Tax compliance burden is defined as the time and money taxpayers
spend to comply with their tax filing responsibilities. Time-related
activities include recordkeeping, tax planning, gathering tax
materials, learning about the law and what you need to do, and
completing and submitting the return. Out-of-pocket costs include
expenses such as purchasing tax software, paying a third-party
preparer, and printing and postage. Tax compliance burden does not
include a taxpayer's tax liability, economic inefficiencies caused by
sub-optimal choices related to tax deductions or credits, or
psychological costs.
Proposed PRA Submission to OMB
Title: U.S. Employment Tax Returns and related Forms.
OMB Number: 1545-0029.
Form Numbers: CT-1, CT-1X, CT-2, SS-8, SS-8 (PR), W-2, W-2 AS, W-2
C, W-2 GU, W-2 VI, W-3, W-3 (PR), W-3 C, W-3 C (PR), W-3 SS, 940, 940
(PR), 940 SCH A, 940 SCH A (PR), 940 SCH R, 941, 941 (PR), 941 SCH B,
941 SCH B (PR), 941 SCH D, 941 SCH R, 941 SS, 941 X, 941 X (PR), 943,
943 (PR), 943 A, 943 A (PR), 943 SCH R, 943 X, 943 X (PR), 944, 944 X,
945, 945 A, 945 X, 2032, 2678, 8027, 8027 T, 8453 EMP, 8850, 8879 EMP,
8922, 8952, and 8974.
Abstract: These forms are used by employers to report their
employment tax-related activity. The data is used to verify that the
items reported on the forms are correct.
Current Actions: There have been changes in regulatory guidance
related to various forms approved under this approval package during
the past year. There have been additions and removals of forms included
in this approval package. It is anticipated that these changes will
have an impact on the overall burden and cost estimates requested for
this approval package, however these estimates were not finalized at
the time of release of this notice. These estimated figures are
expected to be available by the release of the 30-day comment notice
from OMB. This approval package is being submitted for renewal
purposes.
Type of Review: Revision of currently approved collection.
Affected Public: Employers.
Preliminary Estimated Number of Respondents: 7,271,800.
Preliminary Estimated Time per Respondent (Hours): 63 hours, 48
minutes.
Preliminary Estimated Total Annual Time (Hours): 464,000,000.
Preliminary Estimated Total Annual Monetized Time ($):
14,850,000,000.
Preliminary Estimated Total Out-of-Pocket Costs ($):
19,210,000,000.
Preliminary Estimated Total Monetized Burden ($): 34,060,000,000.
Note: Total Monetized Burden = Total Out-of-Pocket Costs + Total
Annual Monetized Time.
Note: Amounts below are estimates for fiscal year (FY) 2025.
Reported time and cost burdens are national averages and do not
[[Page 70254]]
necessarily reflect a ``typical case.'' Most taxpayers experience
lower than average burden, with taxpayer burden varying considerably
by taxpayer type. Detail may not add due to rounding.
ICB Estimates for Employment Tax Forms, Schedules, and Regulations
[FY2025]
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Program change due
FY23 to adjustment FY25
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Number of Respondents............................... 7,128,000 143,800 7,271,800
Burden in Hours..................................... 456,000,000 8,000,000 464,000,000
Monetized Time Burden............................... $14,630,000,000 $220,000,000 $14,850,000,000
Out-of-Pocket Costs................................. $18,910,000,000 $300,000,000 $19,210,000,000
Total Monetized Burden.............................. $33,540,000,000 $520,000,000 $34,060,000,000
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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 will
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 23, 2024.
Kerry Dennis,
Tax Analyst.
Appendix A
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Form Title/description OMB No.
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CT-1......................... Employer's Annual 1545-0001
Railroad Retirement Tax
Return.
CT-1X........................ Adjusted Employer's 1545-0001
Annual Railroad
Retirement Tax Return or
Claim for Refund.
CT-2......................... Employee Representative's 1545-0002
Quarterly Railroad Tax
Return.
SS-8......................... Determination of Worker 1545-0004
Status for Purposes of
Federal Employment Taxes
and Income Tax
Withholding.
SS-8 (PR).................... Determination of Employee 1545-0004
Work Status for Purposes
of Federal Employment
Taxes and Income Tax
(Puerto Rican Version).
W-2.......................... Wage and Tax Statement... 1545-0008
W-2 AS....................... American Samoa Wage and 1545-0008
Tax Statement.
W-2 C........................ Corrected Wage and Tax 1545-0008
Statement.
W-2 GU....................... Guam Wage and Tax 1545-0008
Statement.
W-2 VI....................... U.S. Virgin Islands Wage 1545-0008
and Tax Statement.
W-3.......................... Transmittal of Wage and 1545-0008
Tax Statements.
W-3 (PR)..................... Transmittal of 1545-0008
Withholding Statements
(Puerto Rican Version).
W-3 C........................ Transmittal of Corrected 1545-0008
Wage and Tax Statements.
W-3 C (PR)................... Transmittal of Corrected 1545-0008
Wage and Tax Statements
(Puerto Rican Version).
W-3 SS....................... Transmittal of Wage and 1545-0008
Tax Statements.
940.......................... Employer's Annual Federal 1545-0028
Unemployment (FUTA) Tax
Return.
940 (PR)..................... Employer's Annual Federal 1545-0028
Unemployment (FUTA) Tax
Return (Puerto Rican
Version).
940 SCH A.................... Multi-State Employer and 1545-0028
Credit Reduction
Information.
940 SCH A (PR)............... Multi-State Employer and 1545-0028
Credit Reduction
Information (Puerto
Rican Version).
940 SCH R.................... Allocation Schedule for 1545-0028
Aggregate Form 940
Filers.
941.......................... Employer's Quarterly * 1545-0029
Federal Tax Return.
941 (PR)..................... Employer's Quarterly * 1545-0029
Federal Tax Return.
941 SCH B.................... Report of Tax Liability * 1545-0029
for Semiweekly Schedule
Depositors.
941 SCH B (PR)............... Supplemental Record of * 1545-0029
Federal Tax Liability
(Puerto Rican Version).
941 SCH D.................... Report of Discrepancies * 1545-0029
Caused by Acquisitions,
Statutory Mergers, or
Consolidations.
941 SCH R.................... Reconciliation for * 1545-0029
Aggregate Form 941
Filers.
941 SS....................... Employer's QUARTERLY * 1545-0029
Federal Tax Return
(American Samoa, Guam,
the Commonwealth of
Northern Mariana
Islands, and the U.S.
Virgin Islands).
941 X........................ Adjusted Employer's * 1545-0029
QUARTERLY Federal Tax
Return or Claim for
Refund.
941 X (PR)................... Adjusted Employer's * 1545-0029
QUARTERLY Federal Tax
Return or Claim for
Refund (Puerto Rico
Version).
943.......................... Employer's Annual Tax 1545-0035
Return for Agricultural
Employees.
943 (PR)..................... Employer's Annual Tax 1545-0035
Return for Agricultural
Employees (Puerto Rican
Version).
943 A........................ Agricultural Employer's 1545-0035
Record of Federal Tax
Liability.
943 A (PR)................... Agricultural Employer's 1545-0035
Record of Federal Tax
Liability (Puerto Rican
Version).
943 R........................ Allocation Schedule for 1545-0035
Aggregate Form 943
Filers.
943 X........................ Adjusted Employer's 1545-0035
Annual Federal Tax
Return for Agricultural
Employees or Claim for
Refund.
943 X (PR)................... Adjusted Employer's 1545-0035
Annual Federal Tax
Return for Agricultural
Employees or Claim for
Refund.
944.......................... Employer's ANNUAL Federal 1545-2007
Tax Return.
944 X........................ Adjusted Employer's 1545-2007
ANNUAL Federal Tax
Return or Claim for
Refund.
945.......................... Annual Return of Withheld 1545-1430
Federal Income Tax.
945 A........................ Annual Record of Federal 1545-1430
Tax Liability.
945 X........................ Adjusted ANNUAL Return of 1545-1430
Withheld Federal Income
Tax or Claim for Refund.
2032......................... Contract Coverage Under 1545-0137
Title II of the Social
Security Act.
[[Page 70255]]
2678......................... Employer/Payer 1545-0748
Appointment of Agent.
8027......................... Employer's Annual 1545-0714
Information Return of
Tip Income and Allocated
Tips.
8027 T....................... Transmittal of Employer's 1545-0714
Annual Information
Return of Tip Income and
Allocated Tips.
8453 EMP..................... Employment Tax 1545-0967
Declaration for an IRS e-
file Return.
8850......................... Pre-Screening Notice and 1545-1500
Certification Request
for the Work Opportunity
Credit.
8879 EMP..................... IRS e-file Signature 1545-0967
Authorization for Forms
940, 940-PR, 941, 941-
PR, 941-SS, 943, 943-PR,
944, and 945.
8922......................... Third-Party Sick Pay * 1545-0123
Recap.
8952......................... Application for Voluntary 1545-2215
Classification
Settlement Program
(VCSP).
8974......................... Qualified Small Business 1545-0029
Payroll Tax Credit for
Increasing Research
Activities.
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* 1545-0123 will not be discontinued. It is the Business collection and
8922 will be included in both the Business collection and the
Employment Tax collection.
* 1545-0029 will not be discontinued it will be the number assigned to
all Forms within the employment tax collection.
Appendix B
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Guidance title/description OMB No.
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26 CFR 31.6001-1 Records in general; 26 CFR 31.6001-2 1545-0798
Additional Records under FICA; 26 CFR 31.6001-3,
Additional records under Railroad Retirement Tax Act;
26 CFR 31.6001-5 Additional records....................
Tip Reporting Alternative Commitment (TRAC) Agreement 1545-1529
for Use in the Cosmetology and Barber Industry to
Employment Tax.........................................
Reg-111583-07 (TD 9405) (Final)--Employment Tax 1545-2097
Adjustments; REG-130074-11--Rules Relating to
Additional Medicare Tax................................
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[FR Doc. 2024-19400 Filed 8-28-24; 8:45 am]
BILLING CODE 4830-01-P
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