86 FR 243 pgs. 72683-72686 - 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,...
Type: NOTICEVolume: 86Number: 243Pages: 72683 - 72686
Pages: 72683, 72684, 72685, 72686FR document: [FR Doc. 2021-27745 Filed 12-21-21; 8:45 am]
Agency: Treasury Department
Official PDF Version: PDF Version
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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.
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 PRA@treasury.gov, 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.
| 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 |
| Note: FY22 is most recent approved burden estimates for OMB Control Number 1545-0047. | |||
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| Form 990 | Form 990-EZ | Form 990-PF | Form 990-T | Form 990-N | |
|---|---|---|---|---|---|
| Projections of the Number of Returns to be Filed with IRS | 330,400 | 260,200 | 131,800 | 263,400 | 754,300 |
| 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 |
| 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
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| 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. |
| 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 §?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
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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. §§??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 §??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]
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