Notice2024-30254
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
December 19, 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 244 (Thursday, December 19, 2024)</title>
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[Federal Register Volume 89, Number 244 (Thursday, December 19, 2024)]
[Notices]
[Pages 103930-103931]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-30254]
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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, U.S. 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 January 21, 2025 to be
assured of consideration.
ADDRESSES: Written comments and recommendations for the proposed
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#e8b8baa9a89c9a8d899b9d9a91c68f879e"><span class="__cf_email__" data-cfemail="6b3b392a2b1f190e0a181e1912450c041d">[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: Simplified Employee Pension--Individual Retirement
Accounts Contribution Agreement.
OMB Number: 1545-0499.
Document Number: 5305-SEP.
Abstract: Form 5305-SEP is used by an employer to make an agreement
to provide benefits to all employees under a Simplified Employee
Pension (SEP) described in Internal Revenue Code section 408(k). This
form is not to be filed with the IRS but is to be retained in the
employer's records as proof of establishing a SEP and justifying a
deduction for contributions to the SEP.
Current Actions: There are no changes to the burden previously
approved by OMB. This request is to extend the current approval for
another 3 years.
Type of Review: Extension of a currently approved collection.
Affected Public: Business and other for-profit organizations.
[[Page 103931]]
Estimated Number of Respondents: 100,000.
Estimated Time per Respondent: 4 hrs., 57 min.
Estimated Total Annual Burden Hours: 495,000.
2. Title: Internal Revenue Service Advisory Council Membership
Application.
OMB Number: 1545-1791.
Form Number: 12339.
Abstract: The Federal Advisory Committee Act (FACA) requires that
committee membership be balanced in terms of points of view represented
and the functions to be performed. As a result, members of specific
committees often have both the expertise and professional skills that
parallel the program responsibilities of their sponsoring agencies.
Selection of committee members is based on the FACA's requirements and
the potential member's background and qualifications. Therefore, an
application is needed to ascertain the desired skills set for
membership. The IRS will also use the information to perform Federal
income tax, background, and practitioner checks as required of all
members and applicants to the Committee or Council. Information
provided will be used to qualify or disqualify individuals to serve as
members.
Current Actions: Minor changes were made to form 12239 that
included in part 1--there are now 6 check boxes instead of 5, and Part
V--a check box has been added. Changes to the burden estimates are due
to the most current filing data.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals or households.
Estimated Number of Respondents: 100.
Estimated Time per Response: 1 hr. 30 min.
Estimated Total Annual Burden Hours: 150.
3. Title: Consumer Cooperative Exemption Application.
OMB Number: 1545-1941.
Form Number: 3491.
Abstract: A cooperative uses Form 3491 to apply for exemption from
filing Form 1099-PATR, Taxable Distributions received from
Cooperatives. Form 1099-PATR is used to report patronage distributions
of $10 or more to a recipient during the calendar year.
Current Actions: There is no change to the paperwork burden
previously approved by OMB.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit, individuals or
households, and farms.
Estimated Number of Respondents: 200.
Estimated Time per Response: 44 min.
Estimated Total Annual Burden Hours: 148 hours.
4. Title: Employee Retention Credit for Employers Affected by
Qualified Disaster.
OMB Number: 1545-1978.
Form Number: Form 5884-A.
Abstract: Form 5884-A is used to figure certain credits for
disaster area employers. These credits typically include employee
retention credits for eligible employers who conducted an active trade
or business in certain disaster areas. The credit is equal to 40
percent of qualified wages for each eligible employee (up to a maximum
of $6,000 in qualified wages per employee). The estimates in this
notice are for estates and trusts filing Form 5884-A.
Current Actions: There is no change to the burden previously
approved by OMB. However, the estimated number of responses was reduced
to eliminate duplication of burden estimates. The estimated burden for
individuals filing Form 5884-A is approved under OMB control number
1545-0074, and the estimated burden for businesses filing Form 5884-A
is approved under OMB control number 1545-0123.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations, and
farms.
Estimated Number of Respondents: 120.
Estimated Time per Respondent: 2.55 hours.
Estimated Total Annual Burden Hours: 306.
Authority: 44 U.S.C. 3501 et seq.
Melody Braswell,
Treasury PRA Clearance Officer.
[FR Doc. 2024-30254 Filed 12-18-24; 8:45 am]
BILLING CODE 4830-01-P
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