[Federal Register Volume 86, Number 128 (Thursday, July 8, 2021)]
[Notices]
[Pages 36187-36188]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-14552]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 5884-D

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 certain tax-exempt organizations affected 
by qualified disasters.

DATES: Written comments should be received on or before September 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 Certain Tax-Exempt 
Organizations Affected by Qualified Disasters.
    OMB Number: 1545-2298.
    Regulation Project Number: Form 5884-D.
    Abstract: Under section 303(d)of the Taxpayer Certainty and 
Disaster Tax Relief Act 2020, a qualified Tax-Exempt Organization 
(including certain governmental entities) that continued to pay or 
incur wages after activities of the organization(treated as an active 
trade or business for this purpose) became inoperable because of damage 
from a qualified disaster may be able to use Form 5884-D to claim the 
2020 qualified disaster employee retention credit against certain 
payroll taxes. 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: This is a new Form, with changes in the number 
filers from a previously approved collection due to an adjustment to 
estimates. The Instructions for Form 5884-D will direct filers on how 
to report and claim these credits.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Certain tax-exempt organizations, including 
certain governmental entities.
    Estimated Number of Respondents: 26,300.
    Estimated Time per Respondent: 2.23 hours.
    Estimated Total Annual Burden Hours: 58,649.
    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.

[[Page 36188]]

    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: June 30, 2021.
Sara L. Covington,
IRS Tax Analyst.
[FR Doc. 2021-14552 Filed 7-7-21; 8:45 am]
BILLING CODE 4830-01-P