[Federal Register Volume 88, Number 123 (Wednesday, June 28, 2023)]
[Notices]
[Pages 42003-42005]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-13753]
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DEPARTMENT OF THE TREASURY
Agency Information Collection Activities; Submission for OMB
Review; Comment Request; Multiple Internal Revenue Service (IRS)
Information Collection Requests
AGENCY: Departmental Offices, U.S. Department of the Treasury.
ACTION: Notice of information collection, request for comment.
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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 July 28, 2023 to be
assured of consideration.
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.
[[Page 42004]]
SUPPLEMENTARY INFORMATION:
Internal Revenue Service
1. Title: Split-Interest Trust Information Return.
OMB Number: 1545-0196.
Form Number: 5227.
Abstract: Form 5227 is used to report the financial activities of a
split-interest trust described in Internal Revenue Code section
4947(a)(2), and to determine whether the trust is treated as a private
foundation and is subject to the excise taxes under chapter 42 of the
Code.
Current Actions: There are no changes being made to the form at
this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations.
Estimated Number of Responses: 199,900.
Estimated Time per Respondent: 45 hr., 24 min.
Estimated Total Annual Burden Hours: 9,076,744.
2. Title: Application for Registration (For Certain Excise Tax
Activities) and Questionnaires; IRS Notice 2023-06.
OMB Number: 1545-1835.
Form Number: 637 and Notice 2023-06.
Abstract: Form 637 is used to apply for excise tax registration.
The registration applies to a person required to be registered under
Revenue code section 4101 for purposes of the Federal excise tax on
taxable fuel imposed under Code sections 4041 and 4071; and to certain
manufacturers or sellers and purchasers that must register under Code
section 4222 to be exempt from the excise tax on taxable articles. The
data is used to determine if the applicant qualifies for the exemption.
Taxable fuel producers are required by Code section 4101 to register
with the Service before incurring any tax liability.
IRS Notice 2023-26 provides guidance on the new sustainable
aviation fuel credits under Sec. Sec. 40B and 6426(k) of the Internal
Revenue Code (referred the SAF credit) and related credit and payment
rules under Sec. Sec. 34(a)(3), 38, 87, and 6427(e)(1). This notice
also provides rules related to the Sec. 4101 registration
requirements. The certificate, reseller statement, and declaration
created by IRS Notice 2023-06 will allow the IRS to verify that
claimants are making proper credit and payment claims with respect to
the SAF credit.
Current Actions: There are no changes to the paperwork burden
previously approved by OMB.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit, farms, and not-for-
profit institutions.
Form 637
Estimated Number of Respondents: 9,255.
Estimated Time per Respondent: 3.43 hours.
Estimated Total Annual Burden Hours: 31,710.
IRS Notice 2023-06
Estimated Number of Respondents: 20.
Estimated Number of Responses: 200.
Estimated Time per Respondent: 15 minutes.
Estimated Total Annual Burden Hours: 50 hours.
3. Title: Energy Efficient Home Credit.
OMB Number: 1545-1979.
Form Number: Form 8908.
Abstract: The IRS created Form 8908 to reflect new code section 45L
which allows qualified contractors to claim a credit for each qualified
energy-efficient home sold. Eligible contractors use Form 8908 to claim
a credit for each qualified energy efficient home sold or leased to
another person during the tax year for use as a residence. The credit
is based on the energy saving requirements of the home. The credit is
part of the general business credit.
Current Actions: There are no changes being made to the form at
this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Businesses and other for-profit organizations.
Estimated Number of Respondents: 1,980.
Estimated Time per Respondent: 2.59 minutes.
Estimated Total Annual Burden Hours: 5,128.
4. Title: Qualified Plug-in Electric Vehicle Credit and Rev. Proc
2022-46.
OMB Number: 1545-2137.
Form Number: 8936, 8936-A and Schedule 1 (Form 8936-A).
Abstract: For tax years beginning after 2008, Form 8936 is used to
figure the credit for qualified plug-in electric drive motor vehicles
placed in service during the tax year. The credit attributable to
depreciable property (vehicles used for business or investment
purposes) is treated as a general business credit. Any credit not
attributable to depreciable property is treated as a personal credit.
For tax year beginning after 2022, Form 8936-A and Schedule 1 (Form
8936-A) are used to figure the Qualified Commercial Clean Vehicle
Credit. Notice 2009-54 sets forth guidance relating to the qualified
plug-in electric drive motor vehicle credit under section 30D of the
Internal Revenue Code, as in effect for vehicles acquired after
December 31, 2009. Revenue Procedure 2022-42 (Rev. Proc. 2022-42)
provides procedures for a vehicle manufacturer to certify that they are
a qualified manufacturer of such vehicles and submit reports that a
motor vehicle meets certain requirements for the clean vehicle
credit(s) available under sections 30D, 45W, and/or 25E, to report the
amount of the credit available with respect to the motor vehicle, and
for sellers to report the sales of such vehicles.
Current Actions: There are no changes being made to the collection.
IRS is seeking approval to extend the OMB expiration date.
Type of Review: Extension of a currently approved collection.
Affected Public: Individual, businesses, and other for-profit
organizations.
Form 8936
Estimated Number of Respondents: 500.
Estimated Number of Responses: 500.
Estimated Time per Response: 7 hours.
Estimated Total Annual Burden Hours: 35,000.
Form 8936-A and Schedule 1 (Form 8936-A):
Estimated Number of Respondents: 129.
Estimated Number of Responses: 129.
Estimated Time per Response: 2.90 hours.
Estimated Total Annual Burden Hours: 374 hours.
Notice 2009-89
Estimated Number of Respondents: 12.
Estimated Number of Responses: 12.
Estimated Time per Response: 23.33 hours.
Estimated Total Annual Burden Hours: 280 hours.
Rev. Proc. 2022-42, Annual Reports
Estimated Number of Respondents: 52,165. Estimated Number of
Responses: 52,165.
Estimated Time per Response: 15 minutes.
Estimated Total Annual Burden Hours: 13,041 hours.
Rev. Proc. 2022-42, Monthly Reports
Estimated Number of Respondents: 150.
Estimated Number of Responses: 1,800.
Estimated Time per Response: 15 minutes.
Estimated Total Annual Burden Hours: 450 hours.
[[Page 42005]]
Authority: 44 U.S.C. 3501 et seq.
Melody Braswell,
Treasury PRA Clearance Officer.
[FR Doc. 2023-13753 Filed 6-27-23; 8:45 am]
BILLING CODE 4830-01-P