[Federal Register Volume 89, Number 40 (Wednesday, February 28, 2024)]
[Notices]
[Pages 14738-14739]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-04125]



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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.

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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 March 29, 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)

    1. Title: United States Gift (and Generation-Skipping Transfer) Tax 
Return.
    OMB Number: 1545-0020.
    Form Number: Form 709.
    Abstract: Form 709 is used by individuals to report transfers 
subject to the gift and generation-skipping transfer taxes and to 
compute these taxes. The IRS uses the information to collect and 
enforce these taxes, to verify that the taxes are properly computed, 
and to compute the tax base for the estate tax.
    Current Actions: There is no change to the existing collection.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Individuals or households.
    Estimated Number of Responses: 224,530.
    Estimated Time per Respondent: 6 hours, 12 minutes.
    Estimated Total Annual Burden Hours: 1,392,086.
    2. Title: Credit for Small Employer Health Insurance Premiums.
    OMB Number: 1545-2198.
    Form Number: 8941.
    Abstract: Section 1421 of the Patient Protection and Affordable 
Care Act, Public Law 111-148, allows qualified small employers to 
elect, beginning in 2010, a tax credit for 50% of their employee health 
care coverage expenses. Form 8941, Credit for Small Employer Health 
Insurance Premiums, has been developed to help employers compute the 
tax credit.
    Current Actions: There are no changes being made to this form at 
this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Individuals or households, Business or other for-
profit groups, Not-for-profit institutions, Farms, Federal Government, 
State, Local, or Tribal Governments.
    Estimated Number of Respondents: 315.
    Estimated Time per Respondent: 11 hours 15 minutes.
    Estimated Total Annual Burden Hours: 3,544.
    3. Title: Generic Clearance for the Collection of Qualitative 
Feedback on Agency Service Delivery.
    OMB Number: 1545-2208.
    Abstract: Executive Order 12862 directs Federal agencies to provide 
service to the public that matches or exceeds the best service 
available in the private sector. In order to work continuously to 
ensure that our programs are effective and meet our customers' needs, 
The Internal Revenue Service (hereafter ``the Agency'') seeks to obtain 
OMB approval of a generic clearance to collect qualitative feedback on 
our service delivery. By qualitative feedback we mean information that 
provides useful insights on perceptions and opinions but are not 
statistical surveys that yield quantitative results that can be 
generalized to the population of study.
    Current Actions: The IRS will be conducting different opinion 
surveys, focus group sessions, think-aloud interviews, and usability 
studies regarding cognitive research surrounding forms submission or 
IRS system/product development.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Individuals and businesses or other for-profit 
organizations.
    Estimated Number of Respondents: 150,000.
    Estimated Time per Response: 6 minutes.
    Estimated Total Annual Burden Hours: 15,000.
    4. Title: Request for Section 754 Revocation.
    OMB Number: 1545-2297.
    Form Number: 15254.
    Abstract: Form 15254 is a public use form which will be submitted 
by partnerships to request a Section 754 Revocation. Partnerships, 
partners, and their representatives will need to access the form from 
IRS.gov to complete and submit the form along with the required 
documents.
    Current Actions: There are no changes to the burden previously 
approved by OMB. This request is to extend the current approval for 
another 3 years.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business and other for-profit organizations.
    Estimated Number of Respondents: 50.
    Estimated Time per Respondent: 5 hrs., 7 min.
    Estimated Total Annual Burden Hours: 256.
    5. Title: Credit for Small Employer Pension Plan Startup Costs, 
Auto-Enrollment, and Military Spouse Retirement Plan.
    OMB Number: 1545-1810.
    Form Number: 8881.
    Abstract: Qualified small employers use Form 8881 to claim a credit 
for start-up costs and auto-enrollment arrangements related to eligible 
retirement plans. Form 8881 implements section 45E of the Internal 
Revenue Code (IRC), which provides a credit based on costs incurred by 
an employer in establishing or administering an eligible employer plan 
or for the retirement-related education of employees with respect to 
the plan.
    Form 8881 also implements IRC section 45T, which provides a credit 
for including an eligible automatic contribution arrangement (as 
defined in section 414(w)(3)) in a qualified employer plan sponsored by 
the employer. For an eligible employer, the section 45E credit is 50% 
of the qualified start-up costs for a tax year, up to $500 for the tax 
year in which the plan is established or becomes effective and each of 
the two subsequent tax years. For an eligible employer, the section 45T 
credit is $500 for the first tax year in which the automatic 
contribution arrangement is included in the plan and for each of the 
two subsequent tax years.
    Current Actions: The Secure 2.0 Act of 2022 added new IRC section 
45AA, Military Spouse Retirement Plan Eligibility Credit for Small 
Employers. Section 45AA provides a general

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business tax credit to eligible small employers who offer defined 
contribution plans with specific features that benefit military 
spouses. The section 45AA credit is, for a tax year during which a 
military spouse participates in the plan, up to 3 tax years beginning 
with the tax year during which the military spouse began participating 
in the plan, $200, plus the amount of employer contributions (other 
than elective deferrals) made on behalf of the military spouse for any 
of the 3 tax years, up to $300 for a tax year. The Form 8881 is being 
revised to add the Section 45AA credit. Additionally, the Secure 2.0 
Act amended section 45E to permit eligible employers, with 1-50 
employees, an increased start-up costs credit of 100% of the qualified 
start-up costs for a tax year, up to $500 for the tax year in which the 
plan is established or becomes effective and each of the two subsequent 
tax years. The Secure 2.0 Act also amended section 45E to permit an 
additional credit for employer contributions by certain eligible 
employers, in an amount equal to an applicable percentage of eligible 
employer contributions to a defined contribution plan, for up to 5 tax 
years beginning with the tax year in which the plan is established. The 
Form 8881 is being revised to include these additions under section 
45E.
    Type of Review: Revision of a currently approved collection.
    Affected Public: Businesses or other for-profit organizations.
    Estimated Number of Respondents: 66,667.
    Estimated Time per Respondent: 8 hours, 38 minutes.
    Estimated Total Annual Burden Hours: 575,337.
    Authority: 44 U.S.C. 3501 et seq.

Melody Braswell,
Treasury PRA Clearance Officer.
[FR Doc. 2024-04125 Filed 2-27-24; 8:45 am]
BILLING CODE 4830-01-P