[Federal Register Volume 85, Number 52 (Tuesday, March 17, 2020)]
[Notices]
[Pages 15252-15253]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-05472]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Employer's Annual 
Federal Unemployment (FUTA) Forms

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 
employer's annual federal unemployment (FUTA) tax returns.

DATES: Written comments should be received on or before May 18, 2020 to 
be assured of consideration.

ADDRESSES: Direct all written comments to R. Joseph Durbala, Internal 
Revenue Service, room 6529, 1111 Constitution Avenue NW, Washington, DC 
20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the form should be directed to Kerry Dennis, at (202) 317-
5751 or Internal Revenue Service, Room 6529, 1111 Constitution Avenue 
NW, Washington DC 20224, or through the internet, at 
[email protected].

SUPPLEMENTARY INFORMATION: 
    Title: Form 940, Employer's Annual Federal Unemployment (FUTA) Tax 
Return, and Form 940-PR, Planilla para la Declaracion Federal Anual del 
Patrono de la Contribucion Federal para el Desempleo (FUTA).
    OMB Number: 1545-0028.
    Form Number(s): 940; 940-PR.
    Abstract: Internal Revenue Code section 3301 imposes a tax on 
employers based on the first $7,000 of taxable wages paid to each 
employee. The tax is computed and reported on Forms 940 and 940-PR 
(Puerto Rico employers only). IRS uses the information on Forms 940 and 
940-PR to ensure that employers have reported and figured the correct 
FUTA wages and tax.
    Type of Review: Revision of a currently approved collection. There 
have been no changes to the forms that would affect burden at this 
time. However, the agency has updated the estimated number of 
respondents/responses based on it's most recent filing data.
    Affected Public: Businesses or other for-profit organizations, 
individuals, or households, and farms.
    Estimated Number of Respondents: 6,150,000.
    Estimated Time per Respondent: 15 hours and 24 minutes.
    Estimated Total Annual Burden Hours: 94,706,427 hours.
    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,

[[Page 15253]]

maintenance, and purchase of services to provide information.

    Approved: March 10, 2020.
R. Joseph Durbala,
IRS Tax Analyst.
[FR Doc. 2020-05472 Filed 3-16-20; 8:45 am]
 BILLING CODE 4830-01-P