Notice2024-23433
Proposed Extension of Information Collection Request Submitted for Public Comment; Comment Request on Burden Related to the Failure of Employers To Make Comparable Health Savings Account Contributions
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
October 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 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 the burden related to the failure of employers to make comparable health savings account contributions.
Full Text
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<title>Federal Register, Volume 89 Issue 197 (Thursday, October 10, 2024)</title>
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[Federal Register Volume 89, Number 197 (Thursday, October 10, 2024)]
[Notices]
[Pages 82302-82303]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-23433]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Extension of Information Collection Request Submitted
for Public Comment; Comment Request on Burden Related to the Failure of
Employers To Make Comparable Health Savings Account Contributions
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 the burden related to the failure of employers to make
comparable health savings account contributions.
DATES: Written comments should be received on or before December 9,
2024 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#a9d9dbc887cac6c4c4ccc7dddae9c0dbda87cec6df"><span class="__cf_email__" data-cfemail="730301125d101c1e1e161d0700331a01005d141c05">[email protected]</span></a>. Please
include, ``OMB Number: 1545-2146--Public Comment Request Notice'' in
the Subject line.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the form and instructions should be directed to Ronald J.
Durbala, at (202) 317-5746, 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#3361795c4056435b1d77464151525f52735a41401d545c45"><span class="__cf_email__" data-cfemail="83d1c9ecf0e6f3ebadc7f6f1e1e2efe2c3eaf1f0ade4ecf5">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION:
Title: Failure of Employer to Make Comparable Health Savings
Account Contributions.
OMB Number: 1545-2146.
Document Number: Form 8928.
Abstract: Under section 4980G, an excise tax is imposed on an
employer that fails to make comparable contributions to the HSAs of its
employees. Form 8928 is used to report payment of excise taxes by
employers and group plans under Code sections 4980B, 4980D, 4980F and
4980G.
Current Actions: There are no changes to the burden previously
approved.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations, not-
for-profit organizations, and individuals.
Estimated Number of Respondents: 68.
Estimated Time per Respondent: 23 hrs., 29 min.
Estimated Total Annual Burden Hours: 1,597.
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
[[Page 82303]]
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: October 7, 2024.
Ronald J. Durbala,
IRS Tax Analyst.
[FR Doc. 2024-23433 Filed 10-9-24; 8:45 am]
BILLING CODE 4830-01-P
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