[Federal Register Volume 86, Number 139 (Friday, July 23, 2021)]
[Notices]
[Page 39101]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-15766]


-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Forms 2210 and 2210-F

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

-----------------------------------------------------------------------

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 Form 
2210, Underpayment of Estimated Tax by Individuals, Estate, and Trusts, 
and Form 2210-F, Underpayment of Estimated Tax by Farmers and 
Fishermen.

DATES: Written comments should be received on or before September 21, 
2021 to be assured of consideration.

ADDRESSES: Direct all written comments to Kinna Brewington, Internal 
Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 
20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the forms and instructions should be directed to Sara 
Covington at Internal Revenue Service, (737) 800-6149, Room 6526, 1111 
Constitution Avenue NW, Washington, DC 20224, or through the internet 
at [email protected].

SUPPLEMENTARY INFORMATION:
    Title: Underpayment of Estimated Tax by Individuals, Estate, and 
Trusts (Form 2210), and Underpayment of Estimated Tax by Farmers and 
Fishermen (Form 2210-F).
    OMB Number: 1545-0140.
    Form Number: 2210 AND 2210-F.
    Abstract: Internal Revenue Code section 6654 imposes a penalty for 
failure to pay estimated tax. Form 2210 is used by individuals, 
estates, and trusts. Form 2210-F is used by farmers and fisherman to 
determine whether they are subject to the penalty and to compute the 
penalty if it applies. The Service uses this information to determine 
whether taxpayers are subject to the penalty, and to verify the penalty 
amount. If you're self-employed, the Coronavirus Aid, Relief and 
Economic Security (CARES) Act allows you to defer the deposit or 
payment of 50% of the social security tax on net earnings from self-
employment imposed on March 27, 2020, through December 31, 2020.
    Current Actions: There are no changes to the forms at this time; 
the burden hours are reduced based on the most current filing data.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Individuals or households, business or other for-
profit organizations, and farms.
    Estimated Number of Respondents: 80,150.
    Estimated Time per Respondent: 4 hrs.
    Estimated Total Annual Burden Hours: 312,897.
    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 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: July 20, 2021.
Sara L. Covington,
IRS, Tax Analyst.
[FR Doc. 2021-15766 Filed 7-22-21; 8:45 am]
BILLING CODE 4830-01-P