[Federal Register Volume 88, Number 240 (Friday, December 15, 2023)]
[Notices]
[Pages 87059-87060]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-27644]


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DEPARTMENT OF THE TREASURY


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; U.S. Tax-Exempt Organization Return

AGENCY: Departmental Offices, U.S. Department of the Treasury.

ACTION: Notice of information collection; request for comment.

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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 forms used by tax-exempt organizations.

DATES: Comments should be received on or before January 16, 2024 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.

FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be 
obtained from Melody Braswell by emailing [email protected], calling 
(202) 622-1035, or viewing the entire information collection request at 
www.reginfo.gov.

SUPPLEMENTARY INFORMATION:

Internal Revenue Service (IRS)

    These are forms used by tax-exempt organizations. These include 
Forms 990, 990-EZ, 990-N, 990-PF, 990-T, and related forms and 
schedules tax-exempt organizations attach to their returns. In 
addition, there are numerous Treasury Decisions and guidance documents 
that are covered by the burden estimate provided in this notice.

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 related to tax deductions or credits, or 
psychological costs.

Proposed PRA Submission to OMB

    Title: U.S. Tax-Exempt Organization Return.
    OMB Number: 1545-0047.
    Form Numbers: Forms 990, 990-EZ, 990-N, 990-PF, 990-T, 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 IRS guidance documents 
and regulations related to various forms approved under this approval 
package during the past year. There have been additions of forms 
included in this approval package. This approval package is being 
submitted for renewal purposes.
    Type of Review: Revision of a currently approved collection.
    Affected Public: Tax-exempt organizations.

[[Page 87060]]

    Estimated Number of Responses: 1,698,500.
    Estimated Average Time per Respondent (Hours): 55.2.
    Estimated Total Time (Hours): 75,500,000.
    Estimated Total Monetized Time ($): $3,903,700,000.
    Estimated Total Out-of-Pocket Costs ($): $1,978,400,000.
    Estimated Total Monetized Burden ($): $5,882,100,000.

     Total Monetized Burden = Total Out-of-Pocket Costs + Total 
Monetized Time.


                       Fiscal Year 2024 Form 990 Series Taxpayer Compliance Cost Estimates
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                                                                          Type of return
                        +                       ----------------------------------------------------------------
                                                   Form 990      990-EZ       990-PF       990-T        990-N
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Projections of the Number of Returns to be           351,100      251,000      130,100      233,200      733,100
 Filed with IRS................................
Estimated Average Total Time (Hours)...........          107           69           53           42            5
Estimated Average Total Out-of-Pocket Costs....       $2,900         $600       $2,200       $2,200          $20
Estimated Average Total Monetized Burden.......       $9,900       $1,700       $4,600       $5,700         $100
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Source: IRS:RAAS:KDA:TBL (Dec 2023)
Note: Detail may not add due to rounding


  FY2024 Taxpayer Burden Form 990/990EZ/990PF by Total Positive Income
------------------------------------------------------------------------
                                                               Average
    Total positive income        Average    Average out-of-   monetized
                                time (hrs)    pocket costs      burden
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1. < $10k....................           44             $359         $792
2. $10k to $50k..............           72             $634       $1,493
3. $50k to $100k.............           80             $726       $1,901
4. $100k to $1mil............           89           $1,473       $4,148
5. > $1mil...................          109           $3,885      $13,318
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Source: IRS:RAAS:KDA:TBL (Dec 2023)

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

Melody Braswell,
Treasury PRA Clearance Officer.
[FR Doc. 2023-27644 Filed 12-14-23; 8:45 am]
BILLING CODE 4830-01-P