Notice2024-20407
Proposed Collection; Comment Request for Trust and Estate Income Tax Returns and Related Forms
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 10, 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 Trust and Estate Income Tax Returns and Related Forms.
Full Text
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<title>Federal Register, Volume 89 Issue 175 (Tuesday, September 10, 2024)</title>
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[Federal Register Volume 89, Number 175 (Tuesday, September 10, 2024)]
[Notices]
[Pages 73501-73507]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-20407]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Trust and Estate Income
Tax Returns and Related Forms
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 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 Trust and Estate Income Tax Returns and Related Forms.
DATES: Written comments should be received on or before November 12,
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#700002115e131f1d1d151e0403301902035e171f06"><span class="__cf_email__" data-cfemail="1d6d6f7c337e7270707873696e5d746f6e337a726b">[email protected]</span></a>. Include 1545-0092 or Trust and
Estate Income Tax Returns and Related Forms in the subject line.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the form and instructions should be directed to Jason
Schoonmaker at (801) 620-2128, Internal Revenue Service, Room 6526,
1111 Constitution Avenue NW, Washington, DC 20224, or through the
internet, at <a href="/cdn-cgi/l/email-protection#630902100c0d4d0e4d10000b0c0c0d0e02080611230a11104d040c15"><span class="__cf_email__" data-cfemail="1b717a687475357635687873747475767a707e695b726968357c746d">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION:
Change in PRA Approval of Forms Used by Trusts and Estates
Under the PRA, OMB assigns a control number to each ``collection of
information'' that it reviews and approves for use by an agency. A
single information collection may consist of one or more forms,
recordkeeping requirements, and/or third-party disclosure requirements.
Under the PRA and OMB regulations, agencies have the discretion to seek
separate OMB approvals for forms, recordkeeping requirements, and
third-party reporting requirements or to combine any number of forms,
recordkeeping requirements, and/or third-party disclosure requirements
(usually related in subject matter) under one OMB Control Number.
Agency decisions on whether to group individual requirements under a
single OMB Control Number or to disaggregate them and request separate
OMB Control Numbers are based largely on considerations of
administrative practicality.
The PRA also requires agencies to estimate the burden for each
collection of information. Accordingly, each OMB Control Number has an
associated burden estimate. The burden estimates for each control
number are displayed in (1) the PRA notices that accompany collections
of information, (2) Federal Register notices such as this one, and (3)
in OMB's database of approved information collections. If more than one
form, recordkeeping requirement, and/or third-party disclosure
requirement is approved under a single control number, then the burden
estimate for that control number reflects the burden associated with
all of the approved forms, recordkeeping requirements, and/or third-
party disclosure requirements.
As described below under the heading ``Updated Burden Estimate
Methodology,'' the IRS's currently accepted burden estimate
methodology, referred to as the IRS Taxpayer Burden Model, is based on
taxpayers' tax reporting experience taking into account, among other
things, the forms and schedules used by those taxpayers and the
recordkeeping and other activities needed to complete those forms. The
transition of the trust and estate income tax reporting burden
represents the IRS's continued effort to improve the ability of IRS to
measure the burden imposed on various groups of taxpayers by the
federal tax system. While the improved methodology provides a more
accurate and comprehensive description of the trust and estate income
tax reporting burden, it will not provide burden estimates on a form-
by-form basis, as has been done under the previous methodology. When
the prior model, known as the legacy Arthur D. Little (ADL) model was
developed in the mid-1980s, almost all tax returns were prepared
manually, either by the taxpayer or a paid provider. In this context,
it was determined that estimating burden on a form-by-form, line-by-
line basis was an appropriate methodology. Trust and estate income tax
returns are increasingly being prepared using software or with preparer
assistance. In this current reporting environment, in which many
taxpayers' activities are no longer as directly associated with
particular forms, estimating burden on a form-by-form basis is not an
appropriate method of estimating taxpayer burden. The IRS Taxpayer
Burden Model, which takes into account broader and more comprehensive
taxpayer characteristics and activities, provides a much more accurate
and useful estimate of taxpayer burden.
Currently, there are 152 forms and 27 regulations used by trust and
estates pertaining to their income tax reporting
[[Page 73502]]
requirements. These include Forms 1041, 1041 A, 1041 ES, 1041 ES (OCR),
1041 N, 1041 QFT, 1041 SCH D, 1041 SCH I, 1041 SCH J, 1041 SCH K-1,
1041 T, 1041 V, 172, 461, 926, 965 A, 982, 1040 SCH C, 1040 SCH E, 1040
SCH F, 1040 SCH H, 1045, 1065 SCH D, 1065 SCH K-2, 1116, 1116 SCH B,
1116 SCH C, 2210, 2210 F, 2439, 3115, 3468, 3800, 4136, 4255, 4562,
4684, 4797, 4952, 4970, 4972, 5227, 5329, 5471, 5471 SCH E, 5471 SCH
G1, 5471 SCH H, 5471 SCH I1, 5471 SCH J, 5471 SCH M, 5471 SCH O, 5471
SCH P, 5471 SCH Q, 5471 SCH R, 5713, 5713 SCH B, 5713 SCH C, 5884, 5884
A, 6198, 6252, 6478, 6765, 6781, 7205, 7207, 7210, 7211, 7213, 7217,
7218, 8082, 8275, 8275 R, 8453 FE, 8582, 8582 CR, 8586, 8594, 8609 A,
8611, 8621, 8697, 8801, 8820, 8824, 8825, 8826, 8829, 8830, 8833, 8835,
8844, 8845, 8846, 8855, 8858, 8858 SCH M, 8864, 8865, 8865 SCH G, 8865
SCH H, 8865 SCH K-1, 8865 SCH K-2, 8865 SCH K-3, 8865 SCH O, 8865 SCH
P, 8866, 8873, 8879 F, 8881, 8882, 8886, 8896, 8903, 8904, 8908, 8910,
8911, 8911 SCH A, 8912, 8918, 8932, 8933, 8933 SCH A, 8933 SCH B, 8933
SCH C, 8933 SCH D, 8933 SCH E, 8933 SCH F, 8936, 8938, 8941, 8949,
8960, 8978, 8978 SCH A, 8990, 8992, 8992 SCH A, 8994, 8995, 8995 A,
8995 A SCH A, 8995 A SCH B, 8995 A SCH C, 8995 A SCH D, 8997, 8582-CR,
8609-A, T, and their schedules (see the Appendix to this notice). For
most of these forms, IRS has in the past obtained separate OMB
approvals under unique OMB Control Numbers and separate burden
estimates.
The IRS Taxpayer Burden Model methodology estimates the aggregate
burden imposed on trusts and estates, based upon their reporting-
related characteristics and activities. IRS therefore will seek OMB
approval of all 152 trust and estate income tax forms as a single
``collection of information.'' The aggregate burden of these tax forms
will be accounted for under OMB Control Number 1545-0092, which is
currently assigned to Form 1041. OMB Control Number 1545-0092 will be
displayed on all trust and estate income tax forms and related
information collections. As a result of this change, burden estimates
for trust and estate income taxes will now be displayed differently in
PRA Notices on tax forms and other information collections, and in
Federal Register notices. This new way of displaying burden is
presented below under the heading ``Proposed PRA Submission to OMB.''
Updated Burden Estimate Methodology
The IRS Taxpayer Burden Model methodology revises the estimates of
the levels of burden experienced by trusts and estates when complying
with their federal reporting requirements pertaining to income taxes.
It replaces the legacy ADL model methodology developed in the mid-
1980s. Since that time, improved technology and modeling sophistication
have enabled the IRS to improve the burden estimates. The IRS Taxpayer
Burden Model methodology provides taxpayers and the IRS with a more
comprehensive understanding of the current levels of taxpayer burden.
It reflects major changes over the past two decades in the way
taxpayers prepare and file their returns. The IRS Taxpayer Burden Model
methodology also represents a substantial step forward in the IRS's
ability to assess likely impacts of administrative and legislative
changes on trusts and estates.
The IRS Taxpayer Burden Model methodology focuses on the
characteristics and activities of trusts and estates rather than solely
focusing on the forms they file. Key determinants of taxpayer burden in
the model are the type of trust or estate, the number of beneficiaries,
level of the trust or estate's income, and the complexity of the trust
or estate's income generated from assets and investments. Indicators of
tax law and administrative complexity, as reflected in the tax forms
and instructions, are incorporated into the model. 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. The legacy ADL model methodology
primarily focused on the number of line items of each tax form. The
changes between the old and new burden estimates are due to the
improved ability of the IRS Taxpayer Burden Model methodology to
measure burden and the expanded scope of what is measured. These
changes create a one-time shift in the estimate of imposed burden. It
is important to note that the difference between the legacy ADL
estimate and the IRS Taxpayer Burden Model estimate do not reflect any
change in the actual burden imposed by taxpayers.
Methodology
Burden is defined as the time and out-of-pocket costs incurred by
taxpayers to comply with their federal tax reporting responsibilities.
As has been done for individual taxpayer burden since 2005, business
entity burden since 2014, tax-exempt organization burden since 2018,
and employer taxpayer burden since 2023, both the time expended and the
out-of-pocket costs for trusts and estates are estimated. The IRS
Taxpayer Burden Model methodology relies on surveys that gather data
about time and out-of-pocket costs that trusts and estates spend on
pre-filing and filing activities. The methodology establishes
econometric relationships between tax return characteristics and
reported compliance costs. The methodology controls for the
substitution of time and money by monetizing time and reporting total
compliance costs in dollars. This methodology better reflects taxpayer
compliance burden, because in a world of electronic tax preparation,
time and out-of-pocket costs are governed by the information required
rather than the form on which it is ultimately reported. Importantly,
even where various trusts and estates complete the same tax form lines,
the new methodology differentiates the cost incurred to complete those
forms based on characteristics of those trusts and estates. Key
characteristics that serve as coefficients in the trust and estates
reporting burden model are:
<bullet> Type of trust or estate
<bullet> Level of income
<bullet> Complexity of income and deductions
<bullet> Number of beneficiaries
The IRS Taxpayer Burden Model methodology is based on survey data
collected using the following stratification for trusts and estates:
Form 1041 Strata
------------------------------------------------------------------------
Fiduciary code Income level
------------------------------------------------------------------------
1 = Estate............................................ <$5
5-999
1,000-4,999
5,000-24,999
25,000-74,999
75,000-149,999
>=150,000
2 = Simple Trust...................................... <5
5-999
1,000-4,999
5,000-24,999
25,000-74,999
75,000-149,999
>=150,000
3 = Complex Trust..................................... <5
5-999
1,000-4,999
5,000-24,999
25,000-74,999
75,000-149,999
>=150,000
4 = Nontaxable Grantor Trust.......................... Any
5 = Bankruptcy Trust Ch. 7............................ Any
6 = Bankruptcy Trust Ch. 11........................... Any
8 = Qualified Dividend Trust.......................... <5
>=5
9 = Pooled Investment Funds........................... <5
>=5
------------------------------------------------------------------------
Source: IRS:RAAS:KDA (08-23-2024).
Proposed PRA Submission to OMB
Title: Trust and Estate Income Tax Returns and related Forms.
OMB Number: 1545-0092.
Form Numbers: 1041, 1041 A, 1041 ES, 1041 ES (OCR), 1041 N, 1041
QFT,
[[Page 73503]]
1041 SCH D, 1041 SCH I, 1041 SCH J, 1041 SCH K-1, 1041 T, 1041 V, 172,
461, 926, 965 A, 982, 1040 SCH C, 1040 SCH E, 1040 SCH F, 1040 SCH H,
1045, 1065 SCH D, 1065 SCH K-2, 1116, 1116 SCH B, 1116 SCH C, 2210,
2210 F, 2439, 3115, 3468, 3800, 4136, 4255, 4562, 4684, 4797, 4952,
4970, 4972, 5227, 5329, 5471, 5471 SCH E, 5471 SCH G1, 5471 SCH H, 5471
SCH I1, 5471 SCH J, 5471 SCH M, 5471 SCH O, 5471 SCH P, 5471 SCH Q,
5471 SCH R, 5713, 5713 SCH B, 5713 SCH C, 5884, 5884 A, 6198, 6252,
6478, 6765, 6781, 7205, 7207, 7210, 7211, 7213, 7217, 7218, 8082, 8275,
8275 R, 8453 FE, 8582, 8582 CR, 8586, 8594, 8609 A, 8611, 8621, 8697,
8801, 8820, 8824, 8825, 8826, 8829, 8830, 8833, 8835, 8844, 8845, 8846,
8855, 8858, 8858 SCH M, 8864, 8865, 8865 SCH G, 8865 SCH H, 8865 SCH K-
1, 8865 SCH K-2, 8865 SCH K-3, 8865 SCH O, 8865 SCH P, 8866, 8873, 8879
F, 8881, 8882, 8886, 8896, 8903, 8904, 8908, 8910, 8911, 8911 SCH A,
8912, 8918, 8932, 8933, 8933 SCH A, 8933 SCH B, 8933 SCH C, 8933 SCH D,
8933 SCH E, 8933 SCH F, 8936, 8938, 8941, 8949, 8960, 8978, 8978 SCH A,
8990, 8992, 8992 SCH A, 8994, 8995, 8995 A, 8995 A SCH A, 8995 A SCH B,
8995 A SCH C, 8995 A SCH D, 8997, 8582-CR, 8609-A, T, and associated
schedules.
Abstract: These forms are used by trusts and estates to comply with
their income tax reporting requirement. The data is used to verify that
the items reported on the forms are correct.
Current Actions: The burden estimation methodology for trust and
estate tax is being transitioned from the legacy Arthur D. Little (ADL)
methodology to the IRS Taxpayer Burden Model. The changes discussed
above result in a burden hour estimate of 69,000,000 hours, a decrease
in total estimated time burden of 327,470,339 hours. The newly reported
total out-of-pocket costs is $6,124,000,000 and total monetized burden
is $11,164,000,000. The change related to the transition of the burden
estimate from the legacy adl model methodology to the IRS Taxpayer
Burden Model, is a one-time change. In addition, changes are being made
to the forms to be current with enacted legislation.
Type of Review: Revision of currently approved collections.
Affected Public: Trusts and Estates.
Estimated Number of Respondents: 3,070,000.
Estimated Time per Respondent (Hours): 22 hours, 29 minutes.
Estimated Total Annual Time (Hours): 69,000,000 hours.
Estimated Total Annual Monetized Time ($): 5,040,000,000.
Estimated Annual Monetized Time per Respondent ($): 1,642.
Estimated Total Out-of-Pocket Costs ($): 6,124,000,000.
Estimated Out-of-Pocket Cost per Respondent ($): 1,995.
Estimated Total Monetized Burden ($): 11,164,000,000.
Estimated Monetized Burden per Respondent ($): 3,637.
Note: Total Monetized Burden = Total Out-of-Pocket Costs +
Total Annual Monetized Time.
Fiscal Year (FY) 2025 Burden Total Estimates for Trust and Estate Income Tax Forms, Schedules, and Regulations
[FY25]
----------------------------------------------------------------------------------------------------------------
Program Program
Program change due change due change
FY23 to 24 to adjustment to new due to FY 25
legislation agency
----------------------------------------------------------------------------------------------------------------
Number of Respondents......... * 19,120,534 (16,050,534) 0 0 ** 3,070,000
Burden in Hours............... 396,470,339 (327,470,339) 0 0 69,000,000
Monetized time Burden......... $0 $5,040,000,000 $0 $0 $5,040,000,000
Out-of-Pocket Costs........... $0 $6,124,000,000 $0 $0 $6,124,000,000
Total Monetized Burden ***.... $0 $11,164,000,000 $0 $0 $11,164,000,000
----------------------------------------------------------------------------------------------------------------
Source: IRS:RAAS:KDA (07-08-2024).
* FY23 responses per year is a count of all forms and schedules filed under legacy ADL Model methodology.
** FY25 responses per year is a count of all taxpayers under the IRS Taxpayer Burden Model methodology. This
approach is also used for OMB 1545-0074 (individuals), 1545-0123 (business entities), 1545-0029 (employment
tax), and 1545-0047 (tax-exempt organizations).
*** Total monetized burden = Total Out-of-Pocket Costs + Total Annual Monetized Time Note: Reported time and
cost burdens are national averages and do not 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.
The following additional breakouts of average burden are provided
for transparency in understanding the average estimated burden
experienced by taxpayers. Table 1 shows the average burden by filers of
Form 1041. Table 2 shows the average burden by total income. Table 3
shows the average burden by the number of K-1s attached to the Form
1041.
Table 1--FY2025 Average Burden Projections by Entity Type
----------------------------------------------------------------------------------------------------------------
Percent of Average
Entity type filed Form Average time Average out-of- monetized
1041 ** (hrs.) pocket costs burden
----------------------------------------------------------------------------------------------------------------
Simple Trust................................... 18 19 $1,400 $2,900
Complex Trust *................................ 55 22 2,000 3,800
Decedent Estate................................ 10 46 4,100 7,100
Grantor Trust.................................. 16 12 1,500 1,900
Qualified Disability Trust..................... 1 19 800 1,900
Pooled Income Fund............................. <1 27 2,000 2,900
----------------------------------------------------------------------------------------------------------------
Source: IRS:RAAS:KDA (07-08-2024).
* The category of Complex Trusts includes Chapter 7 and Chapter 11 Bankruptcy Estates.
** Percentages based on Tax Year 2022 filings.
[[Page 73504]]
Table 2--FY2025 Average Burden Projections by Total Income *
----------------------------------------------------------------------------------------------------------------
Average
Total Income Average time Average out-of- monetized
(hrs.) pocket costs burden
----------------------------------------------------------------------------------------------------------------
Table 2A--Simple Trusts
----------------------------------------------------------------------------------------------------------------
1. <$1......................................................... 19 $800 $1,700
2. $1 to $5,000................................................ 19 900 1,800
3. $5,001 to $10,000........................................... 18 1,100 2,300
4. $10,001 to $50,000.......................................... 17 1,400 2,900
5. >$50,000.................................................... 25 2,700 5,600
----------------------------------------------------------------------------------------------------------------
Table 2B--Complex Trusts, Qualified Disability Trusts, Pooled Income Funds, Chapter 7 and 11 Bankruptcy Estates
----------------------------------------------------------------------------------------------------------------
1. <$1......................................................... 19 900 1,700
2. $1 to $5,000................................................ 19 1,000 1,900
3. $5,001 to $10,000........................................... 18 1,300 2,500
4. $10,001 to $50,000.......................................... 18 1,800 3,400
5. >$50,000.................................................... 40 5,200 10,000
----------------------------------------------------------------------------------------------------------------
Table 2C--Decedent Estates
----------------------------------------------------------------------------------------------------------------
1. <$1......................................................... 38 2,800 4,800
2. $1 to $5,000................................................ 48 3,100 5,300
3. $5,001 to $10,000........................................... 52 3,900 6,800
4. $10,001 to $50,000.......................................... 49 5,100 8,900
5. >$50,000.................................................... 52 8,100 14,100
----------------------------------------------------------------------------------------------------------------
Source: IRS:RAAS:KDA (07-08-2024).
* Grantor trusts are not reflected in this table because income from a grantor trust is generally reported on
the grantor's tax return.
Table 3--FY2025 Average Burden Projections by Number of K-1s Attached *
----------------------------------------------------------------------------------------------------------------
Average
Number of K-1s Average time Average out-of- monetized
(hrs.) pocket costs burden
----------------------------------------------------------------------------------------------------------------
Table 3A--Simple Trusts
----------------------------------------------------------------------------------------------------------------
0.............................................................. 16 $900 $1,900
1-5............................................................ 19 1,400 2,900
6-10........................................................... 33 2,600 5,500
>10............................................................ 47 5,000 10,400
----------------------------------------------------------------------------------------------------------------
Table 3B--Complex Trusts, Qualified Disability Trusts, Pooled Income Funds, Ch. 7 and 11 Bankruptcy Estates
----------------------------------------------------------------------------------------------------------------
0.............................................................. 19 1,300 2,500
1-5............................................................ 23 2,300 4,400
6-10........................................................... 39 4,200 8,100
>10............................................................ 60 7,700 14,600
----------------------------------------------------------------------------------------------------------------
Table 3C--Decedent Estates
----------------------------------------------------------------------------------------------------------------
0.............................................................. 41 3,200 5,600
1-5............................................................ 49 4,700 8,200
6-10........................................................... 57 6,600 11,400
>10............................................................ 68 9,000 15,700
----------------------------------------------------------------------------------------------------------------
Source: IRS:RAAS:KDA (07-08-2024).
* Grantor trusts are not reflected in this table because they do not use Schedule K-1s. See Instructions to Form
1041, <a href="https://www.irs.gov/instructions/i1041">https://www.irs.gov/instructions/i1041</a>.
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: September 5, 2024.
Jason M. Schoonmaker,
Tax Analyst.
Appendix A
[[Page 73505]]
------------------------------------------------------------------------
Form Title/description OMB No.
------------------------------------------------------------------------
1041......................... U.S. Income Tax Return for 1545-0092
Estates and Trusts.
1041-A....................... U.S. Information Return 1545-0094
Trust Accumulation of
Charitable Amounts.
1041-ES...................... Estimated Tax for Estates 1545-0971
and Trusts.
1041-ES (OCR)................ Estimated Tax Vouchers 1545-0971
Package 1041ES (OCR) 2017.
1041-N....................... U.S. Income Tax Return for 1545-1776
Electing Alaska Native
Settlement.
1041-QFT..................... U.S. Income Tax Return for 1545-1593
Qualified Funeral Trusts.
1041-SCH D................... Capital Gains and Losses.... 1545-0092
1041 SCH I................... Alternative Minimum Tax- 1545-0092
Estates and Trusts.
1041 SCH J................... Accumulation Distribution 1545-0092
for Certain Complex Trusts.
1041 SCH K-1................. Beneficiary's Share of 1545-0092
Income, Deductions,
Credits, etc.
1041-T....................... Allocation of Estimated Tax 1545-1020
Payments to Beneficiaries
(Under Code section 643(g)).
1041-V....................... Payment Voucher............. 1545-0092
5227......................... Split-Interest Trust 1545-0196
Information Return.
172.......................... Net Operating Losses (NOLs) 1545-0074
for Individuals, Estates,
and Trusts.
461.......................... Limitation on Business 1545-2283
Losses.
926.......................... Return by a U.S. Transferor 1545-0026
of Property to a Foreign
Corporation.
965-A........................ Form 965-A, Individual 1545-0074
Report of Net 965 Tax
Liability.
982.......................... Reduction of Tax Attributes 1545-0046
Due to Discharge of
Indebtedness (And Section
1082 Basis Adjustment).
1040 SCH C................... Profit or Loss from Business 1545-0074
(Sole Proprietorship).
1040 SCH E................... Supplemental Income and Loss 1545-0074
1040 SCH F................... Profit or Loss from Farming. 1545-0074
1040 SCH H................... Household Employment Taxes.. 1545-0074
1045......................... Application for Tentative 1545-0098
Refund.
1065 SCH D................... Capital Gains and Losses.... 1545-0123
1065 SCH K-2................. Partners Distributive Share 1545-0123
Items--International.
1116......................... Foreign Tax Credit.......... 1545-0121
1116 SCH B................... Foreign Tax Credit.......... 1545-0121
1116 SCH C................... Foreign Tax Credit.......... 1545-0121
2210......................... Underpayment of Estimated 1545-0140
Tax by Individuals, Estates
and Trusts.
2210-F....................... Underpayment of Estimated 1545-0140
Tax by Farmers and
Fisherman.
2439......................... Notice to Shareholder of 1545-0123
Undistributed Long-Term
Capital Gains.
3115......................... Application for Change in 1545-2070
Accounting Method.
3468......................... Investment Credit........... 1545-0074
3800......................... General Business Credit..... 1545-0895
4136......................... Credit for Federal Tax Paid 1545-0162
on Fuels.
4255......................... Recapture of Investment 1545-0166
Credit.
4562......................... Depreciation and 1545-0172
Amortization (Including
Information on Listed
Property).
4684......................... Casualties and Thefts....... 1545-0177
4797......................... Sales of Business Property.. 1545-0184
4952......................... Investment Interest Expense 1545-0191
Deduction.
4970......................... Tax on Accumulation 1545-0192
Distribution of Trusts.
4972......................... Tax on Lump-Sum 1545-0193
Distributions.
5227......................... Split-Interest Trust 1545-0196
Information Return.
5329......................... Additional Taxes on 1545-0123
Qualified Plans (Including
IRAs) and Other Tax-Favored
Accounts.
5471......................... Information Return of U.S. 1545-0123
Persons With Respect to
Certain Foreign
Corporations.
5471 SCH E................... Income, War Profits, and 1545-0123
Excess Profits Taxes Paid
or Accrued.
5471 SCH G1.................. Cost Sharing Arrangement.... 1545-0123
5471 SCH H................... Current Earnings and Profits 1545-0123
5471 SCH I1.................. Information for Global 1545-0123
Intangible Low-Taxed Income.
5471 SCH J................... Accumulated Earnings and 1545-0123
Profits (E&P) of Controlled
Foreign Corporation.
5471 SCH M................... Transactions Between 1545-0123
Controlled Foreign
Corporation and
Shareholders or Other
Related Persons.
5471 SCH O................... Organization or 1545-0123
Reorganization of Foreign
Corporation and
Acquisitions and
Dispositions of its Stock.
5471 SCH P................... Previously Taxed Earnings 1545-0123
and Profits of U.S.
Shareholder of Certain
Foreign Corporations.
5471 SCH Q................... CFC Income by CFC Income 1545-0123
Groups.
5471 SCH R................... Form 5471 Schedule R........ 1545-0123
5713......................... International Boycott Report 1545-0216
5713 SCH B................... Specifically Attributable 1545-0216
Taxes and Income (Section
999(c)(2)).
5713 SCH C................... Tax Effect of The 1545-0216
International Boycott
Provisions.
5884......................... Work Opportunity Credit..... 1545-0219
5884-A....................... Employee Retention Credit 1545-1978
for Employers Affected by
Qualified Disasters.
6198......................... At-Risk Limitations......... 1545-0712
6252......................... Installment Sale Income..... 1545-0228
6478......................... Biofuel Producer Credit..... 1545-0231
6765......................... Credit for Increasing 1545-0619
Research Activities.
6781......................... Gains and Losses from 1545-0644
Section 1256 Contracts and
Straddles.
7205......................... Energy Efficient Commercial 1545-2004
Buildings Deduction.
7207......................... Advanced Manufacturing 1545-2306
Production Credit.
7210......................... Clean Hydrogen Production 1545-2321
Credit.
7211......................... Clean Electricity Production New Form
Credit.
7213......................... Nuclear Power Production 1545-0123
Credit.
7217......................... Distributions From a New Form
Partnership of Property
With Partner Basis
Adjustments.
7218......................... Clean Fuel Production Credit New Form
8082......................... Notice of Inconsistent 1545-0074
Treatment or Administrative
Adjustment Request (AAR).
8275......................... Disclosure Statement........ 1545-0889
[[Page 73506]]
8275-R....................... Regulation Disclosure 1545-0889
Statement.
8453-FE...................... U.S. Estate or Trust Income 1545-0967
Tax Declaration and
Signature for Electronic
Filing.
8582......................... Passive Activity Loss 1545-1008
Limitations.
8582-CR...................... Passive Activity Credit 1545-1034
Limitations.
8586......................... Low-Income Housing Credit... 1545-0984
8594......................... Asset Acquisition Statement. 1545-0074
8609-A....................... Annual Statement for Low- 1545-0988
Income Housing Credit.
8611......................... Recapture of Low-Income 1545-1035
Housing Credit.
8621......................... Return by a Shareholder of a 1545-1002
Passive Foreign Investment
Co. or Qualified Electing
Fund.
8697......................... Interest Computation Under 1545-1031
the Look-Back Method for
Completed Long-Term
Contracts.
8801......................... Credit For Prior Year 1545-1073
Minimum Tax--Individuals,
Estates, and Trusts.
8820......................... Orphan Drug Credit.......... 1545-1505
8824......................... Like-Kind Exchanges......... 1545-1190
8825......................... Rental Real Estate Income 1545-0123
and Expenses of a
Partnership or an S
Corporation.
8826......................... Disabled Access Credit...... 1545-1205
8829......................... Expenses for Business Use of 1545-0074
Your Home.
8830......................... Enhanced Oil Recovery Credit 1545-1292
8833......................... Treaty-Based Return Position 1545-1354
Disclosure Under Section
6114 or 7701(b).
8835......................... Renewable Electricity 1545-1362
Production Credit.
8844......................... Empowerment Zone Employment 1545-1444
Credit.
8845......................... Indian Employment Credit.... 1545-0123
8846......................... Credit for Employer Social 1545-0123
Security and Medicare Taxes
Paid on Certain Employee
Tips.
8855......................... Election To Treat a 1545-1881
Qualified Revocable Trust
as Part of an Estate.
8858......................... Information Return of U.S. 1545-1910
Persons With Respect to
Disregarded Entities (FDEs)
and Foreign Branches (FBs).
8858 SCH M................... Transactions Between Foreign 1545-1910
Disregarded Entity (FDE) or
Foreign Branch (FB) and the
Filer or Other Related
Entities.
8864......................... Biodiesel, Renewable Diesel, 1545-1924
or Sustainable Aviation
Fuels Credit.
8865......................... Return of U.S. Persons With 1545-1668
Respect to Certain Foreign
Partnerships.
8865 SCH G................... Statement of Application for 1545-1668
the Gain Deferral Method
Under Section 721(c).
8865 SCH H................... Acceleration Events and 1545-1668
Exceptions Reporting
Relating to Gain Deferral
Method Under Section 721(c).
8865 SCH K-1................. Partner's Share of Income, 1545-1668
Deductions, Credits, etc.
(Schedule K-1 (Form 8865)).
8865 SCH K-2................. Schedule K-2 (Form 8865), 1545-1668
Partners' Distributive
Share Items--International.
8865 SCH K-3................. Partner's Share of Income, 1545-1668
Deductions, Credits, etc.--
International.
8865 SCH O................... Transfer of Property to a 1545-1668
Foreign Partnership.
8865 SCH P................... Acquisitions, Dispositions, 1545-1668
and Changes of Interests in
a Foreign Partnership.
8866......................... Interest Computation Under 1545-1622
the Look-Back Method for
Property Depreciated Under
the Income Forecast Method.
8873......................... Extraterritorial Income 1545-1722
Exclusion.
8879-F....................... U.S. Estate or Trust 1545-0967
Declaration for an IRS e-
file Return.
8881......................... Credit for Small Employer 1545-1810
Pension Plan Startup Costs.
8882......................... Credit for Employer-Provided 1545-1809
Child Care Facilities and
Services.
8886......................... Reportable Transaction 1545-1800
Disclosure Statement.
8896......................... Low Sulfur Diesel Fuel 1545-1914
Production Credit.
8903......................... Domestic Production 1545-1984
Activities Deduction.
8904......................... Credit for Oil and Gas 1545-2278
Production From Marginal
Wells.
8908......................... Energy Efficient Home Credit 1545-1979
8910......................... Alternative Motor Vehicle 1545-1998
Credit.
8911......................... Alternative Fuel Vehicle 1545-0123
Refueling Property Credit.
8911 SCH A................... Alternative Fuel Vehicle New Form
Refueling Property Credit
Amount.
8912......................... Credit to Holders of Tax 1545-2025
Credit Bonds.
8918......................... Material Advisor Disclosure 1545-0865
Statement.
8932......................... Credit for Employer 1545-2126
Differential Wage Payments.
8933......................... Carbon Oxide Sequestration 1545-2132
Credit.
8933 SCH A................... Disposal or Enhanced Oil New Form
Recovery Owner
Certification.
8933 SCH B................... Disposal Operator New Form
Certification.
8933 SCH C................... Enhanced Oil Recovery New Form
Operator Certification.
8933 SCH D................... Recapture Certification..... New Form
8933 SCH E................... Election Certification...... New Form
8933 SCH F................... Utilization Certification... New Form
8936......................... Clean Vehicle Credits....... 1545-0074
8938......................... Statement of Specified 1545-2195
Foreign Financial Assets.
8941......................... Credit for Small Employer 1545-2198
Health Insurance Premiums.
8949......................... Sales and Other Dispositions 1545-0074
of Capital Assets.
8960......................... Net Investment Income Tax- 1545-2227
Individuals, Estates, and
Trusts.
8978......................... Partner's Additional 1545-0123
Reporting Year Tax.
8978 SCH A................... Partners Additional 1545-0123
Reporting Year Tax.
8990......................... Limitation on Business 1545-0123
Interest Expense Under
Section 163(j).
8992......................... U.S Shareholder Calculation 1545-0123
of Global Intangible Low-
Taxed Income (GILTI).
8992 SCH A................... Schedule A, for Global 1545-0123
Intangible Low-Taxed Income
(GILTI).
8994......................... Employer Credit for Paid 1545-2282
Family and Medical Leave.
8995......................... Qualified Business Income 1545-2294
Deduction Simplified
Computation.
8995-A....................... Qualified Business Income 1545-2294
Deduction.
8995-A SCH A................. Specified Service Trades or 1545-2294
Businesses.
8995-A SCH B................. Aggregation of Business 1545-2294
Operations.
[[Page 73507]]
8995-A SCH C................. Loss Netting and 1545-2294
Carryforward.
8995-A SCH D................. Special Rules for Patrons of 1545-2294
Agricultural or
Horticultural Cooperatives.
8997......................... Initial and Annual Statement 1545-0123
of Qualified Opportunity
Fund (QOF) Investments.
8582-CR...................... Passive Activity Credit 1545-1034
Limitations.
8609-A....................... Annual Statement for Low- 1545-0988
Income Housing Credit.
T............................ Forest Activities........... 1545-0007
------------------------------------------------------------------------
* 1545-0074 will not be discontinued it will be the number assigned to
all Forms within the individual tax collection.
* 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.
* 1545-0092 will not be discontinued it will be the number assigned to
all Forms within the trust and estate income tax collection.
Appendix B
------------------------------------------------------------------------
Guidance title/description OMB No.
------------------------------------------------------------------------
Revenue Procedure 2009-20: Safe harbor treatment for 1545-0092
taxpayers that experienced losses in certain investment
arrangements discovered to be criminally fraudulent.......
Revenue Procedure 2009-26: Examination of returns and 1545-0092
claims for refund, credit or abatement; determination of
correct tax liability.....................................
Revenue Procedure 2009-52: Examination of returns and 1545-0092
claims for refund, credit or abatement; determination of
correct tax liability.....................................
Revenue Procedure 2019-38: Trade or Business............... 1545-0092
TD 9846: Regulations Regarding the Transition Tax Under 1545-2280
Section 965 and Related Provisions........................
TD 9847: Qualified Business Income Deduction............... 1545-0092
TD 9902: Guidance Under Sections 951A and 954 Regarding 1545-0092
Income Subject to a High Rate of Foreign Tax..............
TD 9918: Effect of Section 67(g) on Trusts and Estates..... 1545-0092
TD 9922: Guidance Related to the Allocation and 1545-1056
Apportionment of Deductions and Foreign Taxes, Foreign Tax
Redeterminations, Foreign Tax Credit Disallowance Under
Section 965(g), Consolidated Groups, Hybrid Arrangements
and Certain Payments Under Section 951A...................
TD 9936: Guidance on Passive Foreign Investment Companies.. 1545-0092
TD 9945: Guidance Under Section 1061....................... 1545-0092
TD 9959: Guidance Related to the Foreign Tax Credit; 1545-2296
Clarification of Foreign-Derived Intangible Income........
TD 9998: Increased Amounts of Credit or Deduction for 1545-2315
Satisfying Certain Prevailing Wage and Registered
Apprenticeship Requirements...............................
------------------------------------------------------------------------
[FR Doc. 2024-20407 Filed 9-9-24; 8:45 am]
BILLING CODE 4830-01-P
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</html>Indexed from Federal Register on September 10, 2024.
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.