[Federal Register Volume 86, Number 211 (Thursday, November 4, 2021)]
[Notices]
[Page 60968]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-24088]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Regulation Project

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 
proposed and/or continuing information collections, as required by the 
Paperwork Reduction Act of 1995. The IRS is soliciting comments 
concerning Form 8928, Return of Certain Excise Taxes of the Internal 
Revenue Code and information collection requirements related to 
employer comparable contributions of HSAs and requirement for filing 
excise tax under section 4980B, 4980D, 4980E & 4980G.

DATES: Written comments should be received on or before January 3, 2022 
to be assured of consideration.

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

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of this regulation should be directed to Sara Covington, at 
Internal Revenue Service, Room 6525, 1111 Constitution Avenue NW, 
Washington, DC 20224, or at (737) 800-6149 or through the internet at 
[email protected].

SUPPLEMENTARY INFORMATION:
    Title: Form 8928--Return of Certain Excise Taxes Under Chapter 43 
of the Internal Revenue Code & TD 9457--Employer Comparable 
Contributions to HSAs and requirement of Return for filing excise taxes 
under sections 4980B, 4980D, 4980E and 4980G.
    OMB Number: 1545-2146.
    Form Number: 8928.
    Regulation Project Number: REG-120476-07 (TD 9457).
    Abstract: Form 8928 is used by employers, group health plans HMOs, 
and third-party administrators to report and pay excise taxes due for 
failures under sections 4980B, 4980D, 4980E, and 4980G. The information 
results from the requirement form TD 9457 to file a return for the 
payment of the excise taxes under sections 4980B, 4980D, 4980E, and 
4980G of the code.
    Current Actions: There are no changes being made to the form or 
this existing regulation at this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations, not-
for-profit organizations, and individuals.
    Estimated Number of Respondents: 68.
    Estimated Time per Respondent: 23.48 hours.
    Estimated Total Annual Burden Hours: 1,597.
    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: November 1, 2021.
Sara L. Covington,
IRS Tax Analyst.
[FR Doc. 2021-24088 Filed 11-3-21; 8:45 am]
BILLING CODE 4830-01-P