[Federal Register Volume 86, Number 6 (Monday, January 11, 2021)]
[Notices]
[Pages 2035-2041]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-00306]


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DEPARTMENT OF THE TREASURY


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; U.S. Business Income Tax Return Forms

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 February 10, 2021 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 www.reginfo.gov/public/do/PRAMain. 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 Molly Stasko by emailing [email protected], calling (202) 
622-8922, or viewing the entire information collection request at 
www.reginfo.gov.

SUPPLEMENTARY INFORMATION: Today, over 90 percent of all business 
entity tax returns are prepared using software by the taxpayer or with 
preparer assistance. The forms and related schedules and regulations 
approved under OMB Control Number 1545-0123 are used by business 
taxpayers. These include Forms 1065, 1066, 1120, 1120-C, 1120-F, 1120-
H, 1120-ND, 1120-S, 1120-SF, 1120-FSC, 1120-L, 1120-PC, 1120-REIT, 
1120-RIC, 1120-POL, and related schedules, that business entity 
taxpayers attach to their tax returns (see Appendix A for this notice). 
In addition, there are numerous OMB numbers that report burden already 
included in this OMB number. In order to eliminate this duplicative 
burden reporting, 163 OMB numbers are being obsoleted. See Appendix B 
for information on the obsoleted OMB numbers and the burden that was 
previously reported under those numbers.

Tax Compliance Burden

    Tax compliance burden is defined as the time and money taxpayers 
spend to comply with their tax filing responsibilities. Time-related 
activities include recordkeeping, tax planning, gathering tax 
materials, learning about the law and what you need to do, and 
completing and submitting the return. Out-of-pocket costs include 
expenses such as purchasing tax software, paying a third-party 
preparer, and printing and postage. 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.

PRA Submission to OMB

    Title: U.S. Business Income Tax Return.
    OMB Control Number: 1545-0123.
    Form Numbers: Forms 1065, 1066, 1120, 1120-C, 1120-F, 1120-H, 1120-
ND, 1120-S, 1120-SF, 1120-FSC, 1120-L, 1120-PC, 1120-REIT, 1120-RIC, 
1120-POL and all attachments to these forms (see the Appendix to this 
notice).
    Abstract: These forms are used by businesses to report their income 
tax liability.
    Current Actions: There have been changes in regulatory guidance 
related to various forms approved under this approval package during 
the past year. There has been additions and removals of forms included 
in this approval package. These changes will have an impact on the 
overall burden and cost estimates requested for this approval package, 
however these estimates were not finalized at the time of release of 
the 60-day Federal Register notice on November 3, 2020 (85 FR 69687). 
The estimated burden figures have been updated and summarized below.
    Type of Review: Revision of currently approved collections.
    Affected Public: Corporations and Pass-Through Entities.
    Estimated Number of Respondents: 11,800,000.
    Total Estimated Time: 1.085 billion hours.
    Estimated Time per Respondent: 85 hours (partnerships), 135 hours 
(corporations), 80 hours (pass-through corporations).
    Total Estimated Out-of-Pocket Costs: $44.279 billion.
    Estimated Out-of-Pocket Cost per Respondent: $3,800 (partnerships), 
$5,700 (corporations), $3,000 (pass-through corporations).
    Total Monetized Burden: $95.803 billion.
    Estimated Total Monetized Burden per Respondent: $7,700 
(partnerships), $14,100 (corporations), $6,200 (pass-through 
corporations).
    Note: Amounts below are for estimates for FY 2021. 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. Totals may 
not add due to rounding.

           Fiscal Year 2021 Estimates for Form 1120 and 1065 Series of Returns and Forms and Schedules
----------------------------------------------------------------------------------------------------------------
                                                               FY 20         Change in burden        FY 21
----------------------------------------------------------------------------------------------------------------
Number of Taxpayers....................................         12,000,000          (200,000)         11,800,000
Burden in Hours........................................      3,344,000,000    (2,259,000,000)      1,085,000,000
Burden in Dollars......................................    $61,558,000,000  ($17,279,000,000)    $44,279,000,000
Monetized Total Burden.................................   $190,981,000,000  $(95,178,000,000)    $95,803,000,000
----------------------------------------------------------------------------------------------------------------

    Tables 1, 2, and 3 below show the burden model estimates for each 
of the three classifications of business taxpayers: Partnerships (Table 
1), corporations (Table 2) and S corporations (Table 3). As the tables 
show, the average filing compliance is different for the three forms of 
business. Showing a combined average burden for all businesses would 
understate the burden for corporations and overstate the burden for the 
two pass-through

[[Page 2036]]

entities (partnerships and S corporations). In addition, the burden for 
small and large businesses is shown separately for each type of 
business entity in order to clearly convey the substantially higher 
burden faced by the largest businesses.

                           Table 1--Taxpayer Burden for Entities Taxed as Partnerships
                                     [Forms 1065, 1066, and all attachments]
----------------------------------------------------------------------------------------------------------------
                                                     Number of     Average time                       Average
     Primary form filed or type of taxpayer           returns      per taxpayer    Average cost      monetized
                                                    (millions)        (hours)      per taxpayer       burden
----------------------------------------------------------------------------------------------------------------
All Partnerships................................             4.5              85          $3,800          $7,700
Small...........................................             4.2              75           2,700           5,200
Other *.........................................             0.3             245          20,100          44,900
----------------------------------------------------------------------------------------------------------------
*``Other'' is defined as one having end-of-year assets greater than $10 million. A large business is defined the
  same way for partnerships, taxable corporations, and pass-through corporations. A small business is any
  business that does not meet the definition of a large business.


                       Table 2--Taxpayer Burden for Entities Taxed as Taxable Corporations
[Forms 1120, 1120-C, 1120-F, 1120-H, 1120-ND, 1120-SF, 1120-FSC, 1120-L, 1120-PC, 1120-POL, and all attachments]
----------------------------------------------------------------------------------------------------------------
                                                     Number of     Average time                       Average
     Primary form filed or type of taxpayer           returns      per taxpayer    Average cost      monetized
                                                    (millions)        (hours)      per taxpayer       burden
----------------------------------------------------------------------------------------------------------------
All Taxable Corporations........................             2.0             135          $5,700         $14,100
Small...........................................             1.9              90           3,000           6,100
Large *.........................................             0.1             920          48,100          14,800
----------------------------------------------------------------------------------------------------------------
* A ``large'' business is defined as one having end-of-year assets greater than $10 million. A ``large''
  business is defined the same way for partnerships, taxable corporations, and pass-through corporations. A
  small business is any business that does not meet the definition of a large business.


                    Table 3--Taxpayer Burden for Entities Taxed as Pass-Through Corporations
                            [Forms 1120-REIT, 1120-RIC, 1120-S, and all attachments]
----------------------------------------------------------------------------------------------------------------
                                                     Number of     Average time                       Average
     Primary form filed or type of taxpayer           returns      per taxpayer    Average cost      monetized
                                                    (millions)        (hours)      per taxpayer       burden
----------------------------------------------------------------------------------------------------------------
All Pass-Through Corporations...................             5.3              80          $3,000          $6,200
Small...........................................             5.2              80           2,700           5,500
Large *.........................................             0.1             325          23,400          56,100
----------------------------------------------------------------------------------------------------------------
* A ``large'' business is defined as one having end-of-year assets greater than $10 million. A ``large''
  business is defined the same way for partnerships, taxable corporations, and pass-through corporations. A
  small business is any business that does not meet the definition of a large business.

    Tables 1A--3A show the average burden estimate for business 
entities by total positive income. Total positive income is defined as 
the sum of all positive income amounts reported on the return.

                                   Table 1A--Taxpayer Burden for Partnerships
                                     [Forms 1065, 1066, and all attachments]
----------------------------------------------------------------------------------------------------------------
                                                                                                   Total average
                     Total positive income *                       Average time    Average money     monetized
                                                                       (hrs)            ($)         burden ($)
----------------------------------------------------------------------------------------------------------------
<$100,000.......................................................              65           1,425           2,571
$100,000 to $999,999............................................              82           3,952           7,605
$1,000,000 to 9,999,999.........................................             124          10,244          22,224
$10,000,000 to $99,999,999......................................             425          35,128          77,928
>$100,000,000...................................................           1,850         136,090         322,521
----------------------------------------------------------------------------------------------------------------


                               Table 2A--Taxpayer Burden for Taxable Corporations
 [Forms 1120, 1120-C, 1120-F, 1120-H, 1120-ND, 1120-SF, 1120-FSC, 1120-L, 1120-PC, 1120-POL and all attachments]
----------------------------------------------------------------------------------------------------------------
                                                                                                   Total average
                     Total positive income *                       Average time    Average money     monetized
                                                                       (hrs)            ($)         burden ($)
----------------------------------------------------------------------------------------------------------------
<$100,000.......................................................              72           1,239           2,330

[[Page 2037]]

 
$100,000 to $999,999............................................             100           3,801           7,358
$1,000,000 to 9,999,999.........................................             138           9,904          22,866
$10,000,000 to $99,999,999......................................             571          40,910          98,491
>$100,000,000...................................................           5,173         201,463         722,794
----------------------------------------------------------------------------------------------------------------


                               Table 3A--Taxpayer Burden Pass-Through Corporations
                             [Forms 1120-REIT, 1120-RIC, 1120-S and all attachments]
----------------------------------------------------------------------------------------------------------------
                                                                                                   Total average
                     Total positive income *                       Average time    Average money     monetized
                                                                       (hrs)            ($)         burden ($)
----------------------------------------------------------------------------------------------------------------
<$100,000.......................................................              65           1,096           1,990
$100,000 to $999,999............................................              80           2,866           5,503
$1,000,000 to 9,999,999.........................................              99           6,906          15,909
$10,000,000 to $99,999,999......................................             327          23,828          56,813
>$100,000,000...................................................           1,342          93,016         228,241
----------------------------------------------------------------------------------------------------------------


    Authority: 44 U.S.C. 3501 et seq.

    Dated: January 6, 2021.
Molly Stasko,
Treasury PRA Clearance Officer.

                               Appendix A
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           Form No.                            Form name
------------------------------------------------------------------------
Form 1042....................  Annual Withholding Tax Return for U.S.
                                Source Income of Foreign Persons.
Form 1042-S..................  Foreign Person's U.S. Source Income
                                Subject to Withholding.
Form 1042-T..................  Annual Summary and Transmittal of Forms
                                1042-S.
Form 1065....................  U.S. Return of Partnership Income.
Form 1065 (SCH B-1)..........  Information for Partners Owning 50% or
                                More of the Partnership.
Form 1065 (SCH B-2)..........  Election Out of the Centralized
                                Partnership Audit Regime.
Form 1065 (SCH C)............  Additional Information for Schedule M-3
                                Filers.
Form 1065 (SCH D)............  Capital Gains and Losses.
Form 1065 (SCH K-1)..........  Partner's Share of Income, Deductions,
                                Credits, etc..
Form 1065 (SCH M-3)..........  Net Income (Loss) Reconciliation for
                                Certain Partnerships.
Form 1065X...................  Amended Return or Administrative
                                Adjustment Request (AAR).
Form 1066....................  U.S. Real Estate Mortgage Investment
                                Conduit (REMIC) Income Tax Return.
Form 1066 (SCH Q)............  Quarterly Notice to Residual Interest
                                Holder of REMIC Taxable Income or Net
                                Loss Allocation.
Form 1118....................  Foreign Tax Credit-Corporations.
Form 1118 (SCH I)............  Reduction of Foreign Oil and Gas Taxes.
Form 1118 (SCH J)............  Adjustments to Separate Limitation Income
                                (Loss) Categories for Determining
                                Numerators of Limitation Fractions, Year-
                                End Recharacterization Balances, and
                                Overall Foreign and Domestic Loss
                                Account Balances.
Form 1118 (SCH K)............  Foreign Tax Carryover Reconciliation
                                Schedule.
Form 1120....................  U.S. Corporation Income Tax Return.
Form 1120 (SCH B)............  Additional Information for Schedule M-3
                                Filers.
Form 1120 (SCH D)............  Capital Gains and Losses.
Form 1120 (SCH G)............  Information on Certain Persons Owning the
                                Corporation's Voting Stock.
Form 1120 (SCH H)............  Section 280H Limitations for a Personal
                                Service Corporation (PSC).
Form 1120 (SCH M-3)..........  Net Income (Loss) Reconciliation for
                                Corporations With Total Assets of $10
                                Million of More.
Form 1120 (SCH N)............  Foreign Operations of U.S. Corporations.
Form 1120 (SCH O)............  Consent Plan and Apportionment Schedule
                                for a Controlled Group.
Form 1120 (SCH PH)...........  U.S. Personal Holding Company (PHC) Tax.
Form 1120 (SCH UTP)..........  Uncertain Tax Position Statement.
Form 1120-C..................  U.S. Income Tax Return for Cooperative
                                Associations.
Form 1120F...................  U.S. Income Tax Return of a Foreign
                                Corporation.
Form 1120-F (SCH H)..........  Deductions Allocated to Effectively
                                Connected Income Under Regulations
                                Section 1.861-8.
Form 1120-F (SCH I)..........  Interest Expense Allocation Under
                                Regulations Section 1.882-5.
Form 1120-F (SCH M1 & M2)....  Reconciliation of Income (Loss) and
                                Analysis of Unappropriated Retained
                                Earnings per Books.
Form 1120-F (SCH M-3)........  Net Income (Loss) Reconciliation for
                                Foreign Corporations With Reportable
                                Assets of $10 Million or More.
Form 1120-F (SCH P)..........  List of Foreign Partner Interests in
                                Partnerships.
Form 1120-F(SCH S)...........  Exclusion of Income From the
                                International Operation of Ships or
                                Aircraft Under Section 883.

[[Page 2038]]

 
Form 1120-F (SCH V)..........  List of Vessels or Aircraft, Operators,
                                and Owners.
Form 1120-FSC................  U.S. Income Tax Return of a Foreign Sales
                                Corporation.
Form 1120FSC (SCH P).........  Transfer Price or Commission.
Form 1120H...................  U.S. Income Tax Return for Homeowners
                                Associations.
Form 1120-IC-DISC............  Interest Charge Domestic International
                                Sales Corporation Return.
Form 1120-IC-DISC (SCH K)....  Shareholder's Statement of IC-DISC
                                Distributions.
Form 1120-IC-DISC (SCH P)....  Intercompany Transfer Price or
                                Commission.
Form 1120-IC-DISC (SCH Q)....  Borrower's Certificate of Compliance With
                                the Rules for Producer's Loans.
Form 1120-L..................  U.S. Life Insurance Company Income Tax
                                Return.
Form 1120-L (SCH M-3)........  Net Income (Loss) Reconciliation for U.S.
                                Life Insurance Companies With Total
                                Assets of $10 Million or More.
Form 1120-ND *...............  Return for Nuclear Decommissioning Funds
                                and Certain Related Persons.
Form 1120-PC.................  U.S. Property and Casualty Insurance
                                Company Income Tax Return.
Form 1120-PC (SCH M-3).......  Net Income (Loss) Reconciliation for U.S.
                                Property and Casualty Insurance
                                Companies With Total Assets of $10
                                Million or More.
Form 1120-POL................  U.S. Income Tax Return for Certain
                                Political Organizations.
Form 1120-REIT...............  U.S. Income Tax Return for Real Estate
                                Investment Trusts.
Form 1120-RIC................  U.S. Income Tax Return for Regulated
                                Investment Companies.
Form 1120S...................  U.S. Income Tax Return for an S
                                Corporation.
Form 1120S (SCH B-1).........  Information on Certain Shareholders of an
                                S Corporation.
Form 1120S (SCH D)...........  Capital Gains and Losses and Built-In
                                Gains.
Form 1120S (SCH K-1).........  Shareholder's Share of Income,
                                Deductions, Credits, etc..
Form 1120S (SCH M-3).........  Net Income (Loss) Reconciliation for S
                                Corporations With Total Assets of $10
                                Million or More.
Form 1120-SF.................  U.S. Income Tax Return for Settlement
                                Funds (Under Section 468B).
Form 1120-W..................  Estimated Tax for Corporations.
Form 1120-X..................  Amended U.S. Corporation Income Tax
                                Return.
Form 1122....................  Authorization and Consent of Subsidiary
                                Corporation to be Included in a
                                Consolidated Income Tax Return.
Form 1125-A..................  Cost of Goods Sold.
Form 1125-E..................  Compensation of Officers.
Form 1127....................  Application for Extension of Time for
                                Payment of Tax Due to Undue Hardship.
Form 1128....................  Application to Adopt, Change, or Retain a
                                Tax Year.
Form 1138....................  Extension of Time For Payment of Taxes By
                                a Corporation Expecting a Net Operating
                                Loss Carryback.
Form 1139....................  Corporation Application for Tentative
                                Refund.
Form 2220....................  Underpayment of Estimated Tax By
                                Corporations.
Form 2438....................  Undistributed Capital Gains Tax Return.
Form 2439....................  Notice to Shareholder of Undistributed
                                Long-Term Capital Gains.
Form 2553....................  Election by a Small Business Corporation.
Form 2848....................  Power of Attorney and Declaration of
                                Representative.
Form 3115....................  Application for Change in Accounting
                                Method.
Form 3468....................  Investment Credit.
Form 3520....................  Annual Return To Report Transactions With
                                Foreign Trusts and Receipt of Certain
                                Foreign Gifts.
Form 3520-A..................  Annual Return of Foreign Trust With a
                                U.S. Owner.
Form 3800....................  General Business Credit.
Form 4136....................  Credit for Federal Tax Paid on Fuels.
Form 4255....................  Recapture of Investment Credit.
Form 4466....................  Corporation Application for Quick Refund
                                of Overpayment of Estimated Tax.
Form 4562....................  Depreciation and Amortization (Including
                                Information on Listed Property).
Form 4684....................  Casualties and Thefts.
Form 4797....................  Sales of Business Property.
Form 4810....................  Request for Prompt Assessment Under
                                Internal Revenue Code Section 6501(d).
Form 4876A...................  Election to Be Treated as an Interest
                                Charge DISC.
Form 5452....................  Corporate Report of Nondividend
                                Distributions.
Form 5471....................  Information Return of U.S. Persons With
                                Respect To Certain Foreign Corporations.
Form 5471 (SCH E)............  Income, War Profits, and Excess Profits
                                Taxes Paid or Accrued.
Form 5471 (SCH H)............  Current Earnings and Profits.
Form 5471 (SCH I-1)..........  Information for Global Intangible Low-
                                Taxed Income.
Form 5471 (SCH J)............  Accumulated Earnings and Profits (E&P) of
                                Controlled Foreign Corporation.
Form 5471 (SCH M)............  Transactions Between Controlled Foreign
                                Corporation and Shareholders or Other
                                Related Persons.
Form 5471 (SCH O)............  Organization or Reorganization of Foreign
                                Corporation, and Acquisitions and
                                Dispositions of its Stock.
Form 5471 (SCH P)............  Previously Taxed Earnings and Profits of
                                U.S. Shareholder of Certain Foreign
                                Corporations.
Form 5472....................  Information Return of a 25% Foreign-Owned
                                U.S. Corporation or a Foreign
                                Corporation Engaged in a U.S. Trade or
                                Business.
Form 56......................  Notice Concerning Fiduciary Relationship.
Form 56F.....................  Notice Concerning Fiduciary Relationship
                                of Financial Institution.
Form 5713....................  International Boycott Report.
Form 5713 (SCH A)............  International Boycott Factor (Section
                                999(c)(1)).
Form 5713 (SCH B)............  Specifically, Attributable Taxes and
                                Income (Section 999(c)(2)).

[[Page 2039]]

 
Form 5713 (SCH C)............  Tax Effect of the International Boycott
                                Provisions.
Form 5735....................  American Samoa Economic Development
                                Credit.
Form 5735 Schedule P.........  Allocation of Income and Expenses Under
                                Section 936(h)(5).
Form 5884....................  Work Opportunity Credit.
Form 5884-A..................  Credits for Affected Midwestern Disaster
                                Area Employers (for Employers Affected
                                by Hurricane Harvey, Irma, or Maria or
                                Certain California Wildfires).
Form 6198....................  At-Risk Limitations.
Form 6478....................  Biofuel Producer Credit.
Form 6627....................  Environmental Taxes.
Form 6765....................  Credit for Increasing Research
                                Activities.
Form 6781....................  Gains and Losses From Section 1256
                                Contracts and Straddles.
Form 7004....................  Application for Automatic Extension of
                                Time To File Certain Business Income
                                Tax, Information, and Other Returns.
Form 8023....................  Elections Under Section 338 for
                                Corporations Making Qualified Stock
                                Purchases.
Form 8050....................  Direct Deposit Corporate Tax Refund.
Form 8082....................  Notice of Inconsistent Treatment or
                                Administrative Adjustment Request (AAR).
Form 8275....................  Disclosure Statement.
Form 8275R...................  Regulation Disclosure Statement.
Form 8283....................  Noncash Charitable Contributions.
Form 8288....................  U.S. Withholding Tax Return for
                                Dispositions by Foreign Persons of U.S.
                                Real Property Interests.
Form 8288A...................  Statement of Withholding on Dispositions
                                by Foreign Persons of U.S. Real Property
                                Interests.
Form 8288B...................  Application for Withholding Certificate
                                for Dispositions by Foreign Persons of
                                U.S. Real Property Interests.
Form 8300....................  Report of Cash Payments Over $10,000
                                Received In a Trade or Business.
Form 8302....................  Electronic Deposit of Tax Refund of $1
                                Million or More.
Form 8308....................  Report of a Sale or Exchange of Certain
                                Partnership Interests.
Form 8329....................  Lender's Information Return for Mortgage
                                Credit Certificates (MCCs).
Form 8404....................  Interest Charge on DISC-Related Deferred
                                Tax Liability.
Form 8453-C..................  U.S. Corporation Income Tax Declaration
                                for an IRS e-file Return.
Form 8453-I..................  Foreign Corporation Income Tax
                                Declaration for an IRS e-file Return.
Form 8453-PE.................  U.S. Partnership Declaration for an IRS e-
                                file Return.
Form 8453-S..................  U.S. S Corporation Income Tax Declaration
                                for an IRS e-file Return.
Form 851.....................  Affiliations Schedule.
Form 8586....................  Low-Income Housing Credit.
Form 8594....................  Asset Acquisition Statement Under Section
                                1060.
Form 8609....................  Low-Income Housing Credit Allocation and
                                Certification.
Form 8609-A..................  Annual Statement for Low-Income Housing
                                Credit.
Form 8611....................  Recapture of Low-Income Housing Credit.
Form 8621....................  Information Return By Shareholder of a
                                Passive Foreign Investment Company or
                                Qualified Electing Fund.
Form 8621-A..................  Return by a Shareholder Making Certain
                                Late Elections to End Treatment as a
                                Passive Foreign Investment Company.
Form 8655....................  Reporting Agent Authorization.
Form 8697....................  Interest Computation Under the Look-Back
                                Method for Completed Long-Term
                                Contracts.
Form 8703....................  Annual Certification of a Residential
                                Rental Project.
Form 8716....................  Election To Have a Tax Year Other Than a
                                Required Tax Year.
Form 8752....................  Required Payment or Refund Under Section
                                7519.
Form 8804....................  Annual Return for Partnership Withholding
                                Tax (Section 1446).
Form 8804 (SCH A)............  Penalty for Underpayment of Estimated
                                Section 1446 Tax for Partnerships.
Form 8804-C..................  Certificate of Partner-Level Items to
                                Reduce Section 1446 Withholding.
Form 8804-W..................  Installment Payments of Section 1446 Tax
                                for Partnerships.
Form 8805....................  Foreign Partner's Information Statement
                                of Section 1446 Withholding tax.
Form 8806....................  Information Return for Acquisition of
                                Control or Substantial Change in Capital
                                Structure.
Form 8810....................  Corporate Passive Activity Loss and
                                Credit Limitations.
Form 8813....................  Partnership Withholding Tax Payment
                                Voucher (Section 1446).
Form 8816....................  Special Loss Discount Account and Special
                                Estimated Tax Payments for Insurance
                                Companies.
Form 8819....................  Dollar Election Under Section 985.
Form 8820....................  Orphan Drug Credit.
Form 8822B...................  Change of Address--Business.
Form 8824....................  Like-Kind Exchanges.
Form 8825....................  Rental Real Estate Income and Expenses of
                                a Partnership or an S Corporation.
Form 8826....................  Disabled Access Credit.
Form 8827....................  Credit for Prior Year Minimum Tax-
                                Corporations.
Form 8830....................  Enhanced Oil Recovery Credit.
Form 8832....................  Entity Classification Election.
Form 8833....................  Treaty-Based Return Position Disclosure
                                Under Section 6114 or 7701(b).
Form 8834....................  Qualified Electric Vehicle Credit.
Form 8835....................  Renewable Electricity, Refined Coal, and
                                Indian Coal Production Credit.
Form 8838....................  Consent to Extend the Time To Assess Tax
                                Under Section 367-Gain Recognition
                                Agreement.

[[Page 2040]]

 
Form 8838-P..................  Consent To Extend the Time To Assess Tax
                                Pursuant to the Gain Deferral Method
                                (Section 721(c)).
Form 8842....................  Election to Use Different Annualization
                                Periods for Corporate Estimated Tax.
Form 8844....................  Empowerment Zone Employment Credit.
Form 8845....................  Indian Employment Credit.
Form 8846....................  Credit for Employer Social Security and
                                Medicare Taxes Paid on Certain Employee
                                Tips.
Form 8848....................  Consent to Extend the Time to Assess the
                                Branch Profits Tax Under Regulations
                                Sections 1.884-2(a) and (c).
Form 8858....................  Information Return of U.S. Persons With
                                Respect to Foreign Disregarded Entities
                                (FDEs) and Foreign Branches (FBs).
Form 8858 (SCH M)............  Transactions Between Foreign Disregarded
                                Entity of a Foreign Tax Owner and the
                                Filer or Other Related Entities.
Form 8864....................  Biodiesel and Renewable Diesel Fuels
                                Credit.
Form 8865....................  Return of U.S. Persons With Respect to
                                Certain Foreign Partnerships.
Form 8865 (SCH G)............  Statement of Application for the Gain
                                Deferral Method Under Section 721(c ).
Form 8865 (SCH H)............  Acceleration Events and Exceptions
                                Reporting Relating to Gain Deferral
                                Method Under Section 721(c).
Form 8865 (SCH K-1)..........  Partner's Share of Income, Deductions,
                                Credits , etc..
Form 8865 (SCH O)............  Transfer of Property to a Foreign
                                Partnership.
Form 8865 (SCH P)............  Acquisitions, Dispositions, and Changes
                                of Interests in a Foreign Partnership.
Form 8866....................  Interest Computation Under the Look-Back
                                Method for Property Depreciated Under
                                the Income Forecast Method.
Form 8869....................  Qualified Subchapter S Subsidiary
                                Election.
Form 8873....................  Extraterritorial Income Exclusion.
Form 8874....................  New Markets Credit.
Form 8875....................  Taxable REIT Subsidiary Election.
Form 8878-A..................  IRS e-file Electronic Funds Withdrawal
                                Authorization for Form 7004.
Form 8879-C..................  IRS e-file Signature Authorization for
                                Form 1120.
Form 8879-I..................  IRS e-file Signature Authorization for
                                Form 1120-F.
Form 8879-PE.................  IRS e-file Signature Authorization for
                                Form 1065.
Form 8879-S..................  IRS e-file Signature Authorization for
                                Form 1120S.
Form 8881....................  Credit for Small Employer Pension Plan
                                Startup Costs.
Form 8882....................  Credit for Employer-Provided Childcare
                                Facilities and Services.
Form 8883....................  Asset Allocation Statement Under Section
                                338.
Form 8886....................  Reportable Transaction Disclosure
                                Statement.
Form 8896....................  Low Sulfur Diesel Fuel Production Credit.
Form 8900....................  Qualified Railroad Track Maintenance
                                Credit.
Form 8902....................  Alternative Tax on Qualified Shipping
                                Activities.
Form 8903....................  Domestic Production Activities Deduction.
Form 8906....................  Distilled Spirits Credit.
Form 8908....................  Energy Efficient Home Credit.
Form 8910....................  Alternative Motor Vehicle Credit.
Form 8911....................  Alternative Fuel Vehicle Refueling
                                Property Credit.
Form 8912....................  Credit to Holders of Tax Credit Bonds.
Form 8916....................  Reconciliation of Schedule M-3 Taxable
                                Income with Tax Return Taxable Income
                                for Mixed Groups.
Form 8916-A..................  Supplemental Attachment to Schedule M-3.
Form 8918....................  Material Advisor Disclosure Statement.
Form 8923....................  Mining Rescue Team Training Credit.
Form 8925....................  Report of Employer-Owned Life Insurance
                                Contracts.
Form 8927....................  Determination Under Section 860(e)(4) by
                                a Qualified Investment Entity.
Form 8932....................  Credit for Employer Differential Wage
                                Payments.
Form 8933....................  Carbon Oxide Sequestration Credit.
Form 8936....................  Qualified Plug-In Electric Drive Motor
                                Vehicle Credit.
Form 8937....................  Report of Organizational Actions
                                Affecting Basis of Securities.
Form 8938....................  Statement of Foreign Financial Assets.
Form 8941....................  Credit for Small Employer Health
                                Insurance Premiums.
Form 8947....................  Report of Branded Prescription Drug
                                Information.
Form 8966....................  FATCA Report.
Form 8966-C..................  Cover Sheet for Form 8966 Paper
                                Submissions.
Form 8979....................  Partnership Representative Revocation/
                                Resignation and Designation.
Form 8990....................  Limitation on Business Interest Expense
                                IRC 163(j).
Form 8991....................  Tax on Base Erosion Payments of Taxpayers
                                with Substantial Gross Receipts.
Form 8992....................  U.S Shareholder Calculation of Global
                                Intangible Low-Taxed Income (GILTI)..
Form 8993....................  Section 250 Deduction for Foreign-Derived
                                Intangible Income (FDII)and Global
                                Intangible Low-Taxed Income (GILTI)..
Form 8994....................  Employer Credit for Paid Family and
                                Medical Leave.
Form 8996....................  Qualified Opportunity Fund.
Form 926.....................  Return by a U.S. Transferor of Property
                                to a Foreign Corporation.
Form 965.....................  Inclusion of Deferred Foreign Income Upon
                                Transition to Participation Exemption
                                System.
Form 965-B...................  Corporate and Real Estate Investment
                                Trust (REIT) Report of Net 965 Tax
                                Liability and REIT Report of Net 965
                                Inclusion.

[[Page 2041]]

 
Form 965 (SCH-A).............  U.S. Shareholder's Section 965(a)
                                Inclusion Amount.
Form 965 (SCH-B).............  Deferred Foreign Income Corporation's
                                Earnings and Profits (E&P).
Form 965 (SCH-C).............  U.S. Shareholder's Aggregate Foreign
                                Earnings and Profits Deficit.
Form 965 (SCH-D).............  U.S. Shareholder's Aggregate Foreign Cash
                                Position.
Form 965 (SCH-E).............  U.S. Shareholder's Aggregate Foreign Cash
                                Position Detail.
Form 965 (SCH-F).............  Foreign Taxes Deemed Paid by Domestic
                                Corporation (for U.S. Shareholder Tax).
Form 965 (SCH-G).............  Foreign Taxes Deemed Paid by Domestic
                                Corporation (for U.S. Shareholder Tax
                                Year Ending in 2017).
Form 965 (SCH-H).............  Disallowance of Foreign Tax Credit and
                                Amounts Reported on Forms 1116 and 1118.
Form 966.....................  Corporate Dissolution or Liquidation.
Form 970.....................  Application to Use LIFO Inventory Method.
Form 972.....................  Consent of Shareholder to Include
                                Specific Amount in Gross Income.
Form 973.....................  Corporation Claim for Deduction for
                                Consent Dividends.
Form 976.....................  Claim for Deficiency Dividends Deductions
                                by a Personal Holding Company, Regulated
                                Investment Company, or Real Estate
                                Investment Trust.
Form 982.....................  Reduction of Tax Attributes Due to
                                Discharge of Indebtedness (and Section
                                1082 Basis Adjustment).
Form SS-4....................  Application for Employer Identification
                                Number.
Form SS-4PR..................  Solicitud de N[uacute]mero de
                                Identificaci[oacute]n Patronal (EIN).
Form T (TIMBER)..............  Forest Activities Schedule.
Form W-8BEN..................  Certificate of Foreign Status of
                                Beneficial Owner for United States Tax
                                Withholding (Individual).
Form W-8BEN(E)...............  Certificate of Entities Status of
                                Beneficial Owner for United States Tax
                                Withholding (Entities).
Form W-8ECI..................  Certificate of Foreign Person's Claim
                                That Income is Effectively Connected
                                With the Conduct of a Trade or Business
                                in the United States.
Form W-8IMY..................  Certificate of Foreign Intermediary,
                                Foreign Flow-Through Entity, or Certain
                                U.S. Branches for United States Tax
                                Withholding.
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[FR Doc. 2021-00306 Filed 1-8-21; 8:45 am]
BILLING CODE 4830-01-P