[Federal Register Volume 88, Number 103 (Tuesday, May 30, 2023)]
[Notices]
[Pages 34565-34566]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-11424]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Requesting Comments on Form 1041

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 1041, U.S. Income Tax Return for Estates and Trusts, 
and related Schedules D, I, J, K-1, and Form 1041-V.

DATES: Written comments should be received on or before July 31, 2023 
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, or by email to [email protected]. Include OMB Control No. 
1545-0092 in the subject line of the message.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of this collection should be directed to Jon Callahan, (737) 
800-7639, at Internal Revenue Service, Room 6526, 1111 Constitution 
Avenue NW, Washington, DC 20224, or through the internet at 
[email protected].

SUPPLEMENTARY INFORMATION: The IRS is currently seeking comments 
concerning the following information collection tools, reporting, and 
record-keeping requirements:
    Title: U.S. Income Tax Return for Estates and Trusts.
    OMB Number: 1545-0092.
    Form Number: Form 1041 and associated schedules.
    Abstract: Internal Revenue Code section 6012 requires that an 
annual income tax return be filed for estates and trusts. The IRS uses 
the data to determine that the estates, trusts, and beneficiaries filed 
the proper returns and paid the correct tax.
    Current Actions: There are changes to the existing collection. (1) 
Form 1041 removed lines for obsolete credits, added lines for new 
credits, and separated checkboxes and sublines into separate lines for 
clarity; (2) obsolete information collections were removed; and (3) the 
estimated number of responses was updated to reflect current filings 
and future estimates.
    Type of Review: Revision of a currently approved collection.
    Affected Public: Businesses or other for-profits; and Individuals 
and households.

[[Page 34566]]

    Estimated Number of Responses: 11,330,423.
    Estimated Time per Respondent: 31 hours, 30 minutes.
    Estimated Total Annual Burden Hours: 356,948,857.
    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: May 24, 2023.
Jon R. Callahan,
Tax Analyst.
[FR Doc. 2023-11424 Filed 5-26-23; 8:45 am]
BILLING CODE 4830-01-P