Notice2025-03479
Proposed Collection; Comment Request for the Coverdell ESA Contribution Information
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 4, 2025
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 continuing information collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning information collection requirements related to Coverdell ESA contribution information limitations.
Full Text
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<title>Federal Register, Volume 90 Issue 41 (Tuesday, March 4, 2025)</title>
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[Federal Register Volume 90, Number 41 (Tuesday, March 4, 2025)]
[Notices]
[Pages 11209-11210]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-03479]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for the Coverdell ESA
Contribution Information
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
continuing information collections, as required by the Paperwork
Reduction Act of 1995. The IRS is soliciting comments concerning
information collection requirements related to Coverdell ESA
contribution information limitations.
DATES: Written comments should be received on or before May 5, 2025 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 to <a href="/cdn-cgi/l/email-protection#88f8fae9a6ebe7e5e5ede6fcfbc8e1fafba6efe7fe"><span class="__cf_email__" data-cfemail="dfafadbef1bcb0b2b2bab1abac9fb6adacf1b8b0a9">[email protected]</span></a>. Include OMB control number
1545-1815 or Coverdell ESA Contribution Information, in the subject
line of the message.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the form should be directed to Kerry Dennis at (202) 317-
5751, or 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#eea58b9c9c97c0a2c0aa8b8080879dae879c9dc0898198"><span class="__cf_email__" data-cfemail="83c8e6f1f1faadcfadc7e6ededeaf0c3eaf1f0ade4ecf5">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION: Title: Coverdell ESA Contribution
Information.
OMB Number: 1545-1815.
Form Number: 5498-ESA.
Abstract: Form 5498-ESA is used by trustees or issuers of Coverdell
Education Savings accounts to report contributions and rollovers to
these accounts to beneficiaries.
Current Actions: There is no change to the form, however the burden
for Form 5498-ESA has decreased due to recent estimates based on the
number of taxpayers filing the form.
Type of Review: Extension of a currently approved collection.
[[Page 11210]]
Affected Public: Business or other for-profit organization.
Estimated Number of Respondents: 111,200.
Estimated Time per Respondent: 6 minutes.
Estimated Total Annual Burden Hours: 13,344.
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.
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 shall 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: February 19, 2025.
Kerry L. Dennis,
Tax Analyst.
[FR Doc. 2025-03479 Filed 3-3-25; 8:45 am]
BILLING CODE 4830-01-P
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