[Federal Register Volume 86, Number 243 (Wednesday, December 22, 2021)]
[Notices]
[Pages 72683-72686]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-27745]


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DEPARTMENT OF THE TREASURY


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Internal Revenue Service Exempt Organization 
Forms: 990, 990-BL, 990-EZ, 990-N, 990-PF, 990-T, 990-W, 990 SCH E, 990 
SCH I, 990 SCH M, 990 SCH D, 990 SCH F, 990 SCH H, 990 SCH J, 990 SCH 
K, 990 SCH R, 990/990-EZ SCH A, 990/990-EZ SCH C, 990/990-EZ SCH G, 
990/990-EZ SCH L, 990/990-EZ SCH N, 990/990-EZ SCH O, 990/990-EZ/990-PF 
SCH B, 1023, 1023-EZ, 1023-Interactive, 1024, 1024-A, 1028, 1120-POL, 
4720, 5578, 5884-C, 6069, 6497, 8038, 8038-B, 8038-CP, 8038-G, 8038-GC, 
8038-R, 8038-T, 8038-TC, 8282, 8328, 8330, 8453-E.O., 8453-X, 8718, 
8868, 8870, 8871, 8872, 8879-E.O., 8886-T, 8899 and Related Attachments

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 January 21, 2022.

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: Approximately 73 percent of all tax-exempt 
organization returns are prepared using software by the taxpayer or 
with preparer assistance. Section 3101 of the Taxpayer First Act, 
Public Law 116-25, requires all tax-exempt organizations to 
electronically file statements or returns in the Form 990 series or 
Form 8872.
    These are forms used by tax-exempt organizations. These include 
Forms 990, 990-BL, 990-EZ, 990-N, 990-PF, 990-T, 990-W, and related 
forms and schedules tax-exempt organizations attach to their tax 
returns (see Appendix-A to this notice). In addition, there are 
numerous regulations, notices and Treasury Decisions that are covered 
by the burden estimate provided in this notice. See Appendix B for a 
list.

Taxpayer 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 created to tax deductions or credits, or 
psychological costs.

PRA Submission to OMB

    Title: U.S. Tax-Exempt Income Tax Return.
    OMB Control Number: 1545-0047.
    Form Numbers: Forms 990, 990-BL, 990-EZ, 990-N, 990-PF, 990-T, 990-
W, 1023, 1023-EZ, 1024, 1024-A, 1028, 1120-POL, 4720, 5578, 5884-C, 
5884-D, 6069, 6497, 7203, 8038, 8038-B, 8038-CP, 8038-G, 8038-GC, 8038-
R, 8038-T, 8038-TC, 8282, 8328, 8330, 8453-TE., 8453-X, 8718, 8868, 
8870, 8871, 8872, 8879-TE, 8886-T, 8899 and all other related forms, 
schedules, and attachments.
    Abstract: These forms and schedules are used to determine that tax-
exempt organizations fulfill the operating conditions within the 
limitations of their tax exemption. The data is also used for general 
statistical purposes.
    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. It is anticipated that these changes will 
have an impact on the overall burden and cost estimates requested for 
this approval package.
    Type of Review: Revision of currently approved collection.
    Affected Public: Tax-Exempt Organizations.
    Estimated Number of Respondents: 1,740,100.
    Total Estimated Time: 58,220,000 hours.
    Total Estimated Out-of-Pocket Costs: $1,726,900,000.
    Total Estimated Monetized Burden: $4,811,900,000.
    Note: Amounts below are estimates for FY 2022. 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 2022 ICB Estimates for Form 990 Series of Returns and Related Forms and Schedules
----------------------------------------------------------------------------------------------------------------
                                                               FY 21                                 FY 22
----------------------------------------------------------------------------------------------------------------
Number of Taxpayers....................................          1,599,000            141,100          1,740,100
Burden in Hours........................................         52,470,000          5,750,000         58,220,000
Burden in Dollars......................................     $1,473,100,000       $253,800,000     $1,726,900,000
Monetized Total Burden.................................     $4,084,100,000       $727,800,000     $4,811,900,000
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Note: FY22 is most recent approved burden estimates for OMB Control Number 1545-0047.


                                             Fiscal Year 2022 Form 990 Series Tax Compliance Cost Estimates
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                                                                Form 990         Form 990-EZ        Form 990-PF         Form 990-T         Form 990-N
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Projections of the Number of Returns to be Filed with IRS            330,400            260,200            131,800            263,400            754,300

[[Page 72684]]

 
Estimated Average Total Time (Hours).....................                 85                 45                 47                 40                  2
Estimated Average Total Out-of-Pocket Costs..............             $2,700               $600             $2,100             $1,500                $10
Estimated Average Total Monetized Burden.................             $8,200             $1,300             $4,000             $4,600                $30
Estimated Total Time (Hours).............................         28,000,000         11,760,000          6,140,000         10,660,000          1,660,000
Estimated Total Out-of-Pocket Costs......................       $903,100,000       $147,500,000       $272,000,000       $397,200,000         $7,100,000
Estimated Total Monetized Burden.........................     $2,719,300,000       $331,900,000       $529,800,000     $1,204,800,000        $26,100,000
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Note: Amounts above are for FY2022. 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.

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 will 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.

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

    Dated: December 17, 2021.
Molly Stasko,
Treasury PRA Clearance Officer.

Appendix A

------------------------------------------------------------------------
            Number                    Title             Description
------------------------------------------------------------------------
990...........................  .................  Return of
                                                    Organization Exempt
                                                    From Income Tax.
990...........................  BL...............  Information and
                                                    Initial Excise Tax
                                                    Return for Black
                                                    Lung Benefit Trusts
                                                    and Certain Related
                                                    Persons.
990...........................  EZ...............  Short Form Return of
                                                    Organization Exempt
                                                    From Income Tax.
990...........................  N................  Electronic Notice (e-
                                                    Postcard) for Tax-
                                                    Exempt Organizations
                                                    Not Required to File
                                                    Form 990 or Form
                                                    990EZ.
990...........................  PF...............  Return of Private
                                                    Foundation or
                                                    Section 4947(a)(1)
                                                    Trust Treated as
                                                    Private Foundation.
990...........................  T................  Exempt Organization
                                                    Business Income Tax
                                                    Return and Proxy
                                                    Tax.
990...........................  T SCH A..........  Unrelated Business
                                                    Taxable Income From
                                                    an Unrelated Trade
                                                    or Business.
990...........................  T SCH M..........  UBTI Calculation Form
                                                    Unrelated Trade or
                                                    Business.
990...........................  W................  Estimated Tax on
                                                    Unrelated Business
                                                    Taxable Income for
                                                    Tax-Exempt
                                                    Organizations.
990, 990-EZ, 990-PF...........  SCH B............  Schedule of
                                                    Contributors.
990 OR 990-EZ.................  SCH A............  Public Charity Status
                                                    and Public Support.
990 OR 990-EZ.................  SCH C............  Political Campaign
                                                    and Lobbying
                                                    Activities.
990 OR 990-EZ.................  SCH E............  Schools.
990 OR 990-EZ.................  SCH G............  Supplemental
                                                    Information
                                                    Regarding
                                                    Fundraising or
                                                    Gaming Activities.
990 OR 990-EZ.................  SCH L............  Transactions With
                                                    Interested Persons.
990 OR 990-EZ.................  SCH N............  Liquidation,
                                                    Termination,
                                                    Dissolution, or
                                                    Significant
                                                    Disposition of
                                                    Assets.
990 OR 990-EZ.................  SCH O............  Supplemental
                                                    Information to Form
                                                    990 or 990-EZ.
990...........................  SCH D............  Supplemental
                                                    Financial
                                                    Statements.
990...........................  SCH F............  Statement of
                                                    Activities Outside
                                                    the United States.
990...........................  SCH H............  Hospitals.
990...........................  SCH I............  Grants and Other
                                                    Assistance to
                                                    Organizations,
                                                    Governments, and
                                                    Individuals in the
                                                    United States.
990...........................  SCH J............  Compensation
                                                    Information.
990...........................  SCH K............  Supplemental
                                                    Information on Tax-
                                                    Exempt Bonds.
990...........................  SCH M............  Noncash
                                                    Contributions.
990...........................  SCH R............  Related Organizations
                                                    and Unrelated
                                                    Partnerships.
1023..........................  .................  Application for
                                                    Recognition of
                                                    Exemption Under
                                                    Section 501(c)(3) of
                                                    the Internal Revenue
                                                    Code.
1023..........................  EZ...............  Streamlined
                                                    Application for
                                                    Recognition of
                                                    Exemption Under
                                                    Section 501(c)(3) of
                                                    the Internal Revenue
                                                    Code.
1024..........................  .................  Application for
                                                    Recognition of
                                                    Exemption Under
                                                    Section 501(a).
1024..........................  A................  Application for
                                                    Recognition of
                                                    Exemption Under
                                                    Section 501(c)(4) of
                                                    the Internal Revenue
                                                    Code.
1028..........................  .................  Application for
                                                    Recognition of
                                                    Exemption Under
                                                    Section 521 of the
                                                    Internal Revenue
                                                    Code.
1120..........................  POL..............  U.S. Income Tax
                                                    Return for Certain
                                                    Political
                                                    Organizations.
4720..........................  .................  Return of Certain
                                                    Excise Taxes Under
                                                    Chapters 41 and 42
                                                    of the Internal
                                                    Revenue Code.
5578..........................  .................  Annual Certification
                                                    of Racial
                                                    Nondiscrimination
                                                    for a Private School
                                                    Exempt From Federal
                                                    Income Tax.
5884..........................  C................  Work Opportunity
                                                    Credit for Qualified
                                                    Tax-Exempt
                                                    Organizations Hiring
                                                    Qualified Veterans.
5884..........................  D................  Employee Retention
                                                    Credit for Certain
                                                    Tax-Exempt
                                                    Organizations
                                                    Affected by
                                                    Qualified Disasters.

[[Page 72685]]

 
6069..........................  .................  Return of Excise Tax
                                                    on Excess
                                                    Contributions to
                                                    Black Lung Benefit
                                                    Trust Under Section
                                                    4953 and Computation
                                                    of Section 192
                                                    Deduction.
6497..........................  .................  Information Return of
                                                    Nontaxable Energy
                                                    Grants or Subsidized
                                                    Energy Financing.
7203..........................  .................  S Corporation
                                                    Shareholder Stock
                                                    and Debt Basis
                                                    Limitations.
8038..........................  .................  Information Return
                                                    for Tax-Exempt
                                                    Private Activity
                                                    Bond Issues.
8038..........................  B................  Information Return
                                                    for Build America
                                                    Bonds and Recovery
                                                    Zone Economic
                                                    Development Bonds.
8038..........................  CP...............  Return for Credit
                                                    Payments to Issuers
                                                    of Qualified Bonds.
8038..........................  CP Schedule A....  Specified Tax Credit
                                                    Bonds Interest Limit
                                                    Computation.
8038..........................  G................  Information Return
                                                    for Government
                                                    Purpose Tax-Exempt
                                                    Bond Issues.
8038..........................  GC...............  Consolidated
                                                    Information Return
                                                    for Small Tax-Exempt
                                                    Government Bond
                                                    Issues.
8038..........................  R................  Request for Recovery
                                                    of Overpayment Under
                                                    Arbitrage Rebate
                                                    Provisions.
8038..........................  T................  Arbitrage Rebate and
                                                    Penalty in Lieu of
                                                    Arbitrage Rebate.
8038..........................  TC...............  Information Return
                                                    for Tax Credit and
                                                    Specified Tax Credit
                                                    Bonds as the result
                                                    of the new Hire
                                                    bill..
8282..........................  .................  Donee Information
                                                    Return.
8328..........................  .................  Carry forward
                                                    Election of Unused
                                                    Private Activity
                                                    Bond Volume.
8330..........................  .................  Issuer's Quarterly
                                                    Information Return
                                                    for Mortgage Credit
                                                    Certificates (MCCs).
8453..........................  EO...............  Exempt Organization
                                                    Declaration and
                                                    Signature for
                                                    Electronic Filing.
8453..........................  TE...............  Tax Exempt Entity
                                                    Declaration and
                                                    Signature for
                                                    Electronic Filing.
8453..........................  X................  Political
                                                    Organization
                                                    Declaration for
                                                    Electronic Filing of
                                                    Notice of Section
                                                    527 Status.
8718..........................  .................  User Fee for Exempt
                                                    Organization
                                                    Determination Letter
                                                    Request.
8868..........................  .................  Application for
                                                    Automatic Extension
                                                    of Time To File an
                                                    Exempt Organization
                                                    Return.
8870..........................  .................  Information Return
                                                    for Transfers
                                                    Associated With
                                                    Certain Personal
                                                    Benefit Contracts.
8871..........................  .................  Political
                                                    Organization Notice
                                                    of Section 527
                                                    Status.
8872..........................  .................  Political
                                                    Organization Report
                                                    of Contributions and
                                                    Expenditures.
8879..........................  EO...............  IRS e-file Signature
                                                    Authorization for an
                                                    Exempt Organization.
8879..........................  TE...............  IRS e-file Signature
                                                    Authorization for a
                                                    Tax Exempt Entity.
8886..........................  T................  Disclosure by Tax-
                                                    Exempt Entity
                                                    Regarding Prohibited
                                                    Tax Shelter
                                                    Transaction.
8899..........................  .................  Notice of Income From
                                                    Donated Intellectual
                                                    Property.
8976..........................  .................  Notice of Intent to
                                                    Operate Under
                                                    Section 501(c)(4).
------------------------------------------------------------------------

Appendix B

Title/Description

EE-111-80 (TD 8019-Final) Public Inspection of Exempt Organization 
Return
TD 8033 (TEMP) Tax Exempt Entity Leasing (REG-209274-85)
Revenue Procedure 98-19, Exceptions to the notice and reporting 
requirements of section 6033(e)(1) and the tax imposed by section 
6033(e)(2)
REG-246256-96 (Final TD 8978) Excise Taxes on Excess Benefit 
Transactions
T.D. 8861, Private Foundation Disclosure Rules
Notice 2006-109--Interim Guidance Regarding Supporting Organizations 
and Donor Advised Funds
Disclosure by taxable party to the tax-exempt entity
Reinstatement and Retroactive Reinstatement for Reasonable Cause 
(Rev. Proc. 2014-11) and Transitional Relief for Small Organizations 
(Notice 2011-43) under IRC Sec.  6033(j)
TD 8086--Election for $10 Million Limitation on Exempt Small Issues 
of Industrial Development Bonds; Supplemental Capital Expenditure 
Statements (LR-185-84 Final)
Arbitrage Restrictions and Guidance on Issue Price Definition for 
Tax Exempt Bonds
TD 8712 (Final), Definition of Private Activity Bonds; TD 9741, 
General Allocation and Accounting Regulations Under Section 141; 
Remedial Actions for Tax-Exempt Bonds
FI-28-96 (Final) Arbitrage Restrictions on Tax-Exempt Bonds
REG-121475-03 (TD 9495-Final) Qualified Zone Academy Bonds: 
Obligations of States and Political Subdivisions
Notice 2009-26, Build America Bonds and Direct Payment Subsidy 
Implementation
Notice 2012-48: Tribal Economic Development Bonds
TD 7925 7952--Indian Tribal Governments Treated As States For 
Certain Purposes
Revenue Procedure 97-15, Section 103--Remedial Payment Closing 
Agreement Program
EE-12-78 Non-Bank Trustees
TD 9099 Disclosure of Relative Values of Optional Forms of Benefit
EE-147-87 (Final) Qualified Separate Lines of Business
T.D. 8619 (Final) (EE-43-92l) Direct Rollovers and 20-percent 
Withholding Upon Eligible Rollover Distributions from Qualified 
Plans
T.D. 8802--Certain Asset Transfers to a Tax-Exempt Entity
PS-100-88(TD8540) (Final) Valuation Tables
Revenue Procedure 2017-4
TD 8769 (Final)--(REG-107644-97) Permitted Elimination of Pre-
retirement Optional Forms of Benefit
Notice 97-45, Highly Compensated Employee Definition
Compensation Deferred Under Eligible Deferred Compensation Plans (TD 
9075)
TD 8816 (Final) Roth IRAs
REG-108639-99 (Final) Retirement Plans; Cash or Deferred 
Arrangements Under Section 401(k) and Matching Contributions or 
Employee Contributions Under Section 401(m); TD 9169
Revenue Ruling 2000-35 Automatic Enrollment in Section 403(b) Plans
Notice 2002-27--IRA Required Minimum Distribution Reporting
TD 9142 (Final), Deemed IRAs in Qualified Retirement Plans (REG-
157302-02)
REG-146459-05--TD 9324 (Final) Designated Roth Contributions Under 
Section 402A
TD 9467 (REG-139236-07) and Notice 2014-53
TD 9641--Suspension or Reduction of Safe Harbor Contributions (REG-
115699-09)
Waiver of 60-Day Rollover Requirement
TD 7898--Employers Qualified Educational Assistance Programs
TD 8864 (Final); EE-63-88 (Final and temp regulations) Taxation of 
Fringe Benefits and Exclusions From Gross Income for Certain Fringe 
Benefits; IA-140-86 (Temporary) Fringe Benefits
TD 8073 (Temporary Regulations)--Effective Dates and Other Issues 
Arising Under the Employee Benefit Provisions of the Tax Reform Act 
of 1984
REG-209484-87 (TD 8814 final) Federal Insurance Contributions Act 
(FICA) Taxation of Amounts Under Employee Benefit Plans
REG-164754-01 (FINAL) Split-Dollar Life Insurance Arrangements
T.D. 9088, Compensatory Stock Options Under Section 482
T.D. 9083--Golden Parachute Payments
Revenue Procedure 2014-55, Election Procedures and Information 
Reporting with Respect to Interests in Certain Canadian Retirement 
Plans
Substitute Mortality Tables for Single Employer Defined Benefit 
Plans
T.D. 8802--Certain Asset Transfers to a Tax-Exempt Entity

[[Page 72686]]

REG-113572-99 (TD 8933) Qualified Transportation Fringe Benefits
Revenue Procedure 2016-1, Rulings and determination letters--26 CFR 
601-.201
26 CFR 31.6001-1 Records in general; 26 CFR 31.6001-2 Additional 
Records under FICA; 26 CFR 31.6001-3, Additional records under 
Railroad Retirement Tax Act; 26 CFR 31.6001-5 Additional records
IA-44-94 (Final) Deductibility, Substantiation, and Disclosure of 
Certain Charitable Contributions
Notice 2005-41, Guidance Regarding Qualified Intellectual Property 
Contributions
De Minimis Error Safe Harbor to the I.R.C. Sec. Sec.  6721 and 6722 
Penalties
Substantiation of Charitable Contributions--TD 8002
Qualified Conservation Contributions
TD 7852--Registration Requirements with Respect to Debt Obligations 
(NPRM, LR-255-82)
Notice 2007-70--Charitable Contributions of Certain Motor Vehicles, 
Boats, and Airplanes. Reporting requirements under Sec. 
170(f)(12)(D)
TD 8124--Time and Manner of Making Certain Elections Under the Tax 
Reform Act of 1986
EE-14-81 (NPRM) Deductions and Reductions in Earnings and Profits 
(or Accumulated Profits) With Respect to Certain Foreign Deferred 
Compensation Plans Maintained by Certain Foreign Corporations
TD 9724--Summary of Benefits and Coverage Disclosures
TD 7845--Inspection of Applications for Tax Exemption and 
Applications for Determination Letters for Pension and Other Plans 
(Final)
REG-130477-00; REG-130481-00 (TD 8987--Final), Required 
Distributions From Retirement Plans
EE-175-86 (Final) Certain Cash or Deferred Arrangements and Employee 
and Matching Contributions under Employee Plans: REG-108639-99 
(NPRM) Retirement Plans; Cash or Deferred Arrangements
Change in Minimum Funding Method (Rev. Proc. 2000-41)
REG-109481-99 (TD 9076--Final) Special Rules Under Section 417(a)(7) 
for Written Explanations Provided by Qualified Retirement Plans 
After Annuity Starting Dates
TD 9472 (Final)--Notice Requirements for Certain Pension Plan 
Amendments Significantly Reducing the Rate of Future Benefit Accrual
T.D. 9079--Ten or More Employer Plan Compliance Information
Waivers of Minimum Funding Standards--Revenue Procedure 2004-15
Election of Alternative Deficit Reduction Contribution and Plan 
Amendments
Revenue Procedure 2010-52, Extension of the Amortization Period for 
Plan Sponsor of a Multiemployer Pension Plan
Designated Roth Contributions to Cash or Deferred Arrangements Under 
Section 401(k)
Notice 2005-40, Election to Defer Net Experience Loss in a 
Multiemployer Plan
Notice 2006-107--Diversification Requirements for Qualified Defined 
Contribution Plans
Holding Publicly Traded Employer Securities
Revised Regulations Concerning Section 403(b) Tax-Sheltered Annuity 
Contracts--TD 9340 (Final)
TD 9447 (Final) Automatic Contribution Arrangements
NOT-2009-31--Election and Notice Procedures for Multiemployer Plans 
under Sections 204 and 205 of WRERA
Relief and Guidance on Corrections of Certain Failures of a 
Nonqualified Deferred Compensation Plan to Comply with Sec.  409A(a)
Suspension of Benefits Under the Multiemployer Pension Reform Act of 
2014; Administration of Multiemployer Plan Participant Vote
REG-209823-96 (TD 8791)--Guidance Regarding Charitable Remainder 
Trusts and Special Valuation Rules for Transfer of Interests in 
Trusts
[FR Doc. 2021-27745 Filed 12-21-21; 8:45 am]
BILLING CODE 4810-25-P