[Federal Register Volume 86, Number 64 (Tuesday, April 6, 2021)]
[Notices]
[Pages 17886-17887]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-07004]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 5884-A

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 
employee retention credit for employers affected by qualified disaster.

DATES: Written comments should be received on or before June 7, 2021 to 
be assured of consideration.

ADDRESSES: Direct all written comments Kinna Brewington, Internal 
Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 
20224.
    Requests for additional information or copies of the form should be 
directed to Sara Covington, at (737) 800-6149 or Internal Revenue 
Service, Room 6526, 1111 Constitution Avenue NW, Washington DC 20224, 
or through the internet, at [email protected].

SUPPLEMENTARY INFORMATION: 
    Title: Employee Retention Credit for Employers Affected by 
Qualified Disasters.
    OMB Number: 1545-1978.
    Regulation Project 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).
    Current Actions: The Form is being revised to reflect the new 2020 
qualified disaster employee retention credit. Changes to the burden 
estimates are due to the removal and revising of lines on the form. The 
instructions will direct filers needing to report these credits as to 
which revision of the form to use.
    Type of Review: Revision of a currently approved collection.
    Affected Public: Business or other for-profit organizations, and 
farms.
    Estimated Number of Respondents: 250,000.
    Estimated Time Per Respondent: 2.55 hours.
    Estimated Total Annual Burden Hours: 637,500.
    The following paragraph applies to all of 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 as long as 
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

[[Page 17887]]

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: March 31, 2021.
Sara L. Covington,
IRS Tax Analyst.
[FR Doc. 2021-07004 Filed 4-5-21; 8:45 am]
BILLING CODE 4830-01-P