Federal Register / Vol. 89, No. 175 / Tuesday, September 10, 2024 / Notices 73501 

Dated: September 4, 2024. 

Lisa M. Palluconi, 

Acting Director, Office of Foreign Assets 

Control, U.S. Department of the Treasury. 

[FR Doc. 2024–20280 Filed 9–9–24; 8:45 am] 

BILLING CODE 4810–AL–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Trust and Estate Income 

Tax Returns and Related Forms 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Notice and request for 

comments. 

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 

(PRA). The IRS is soliciting comments 

on Trust and Estate Income Tax Returns 

and Related Forms. 

DATES: Written comments should be 

received on or before November 12, 

2024 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 pra.comments@irs.gov. Include 

1545–0092 or Trust and Estate Income 

Tax Returns and Related Forms in the 

subject line. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of the form and instructions 

should be directed to Jason 

Schoonmaker at (801) 620–2128, 

Internal Revenue Service, Room 6526, 

1111 Constitution Avenue NW, 

Washington, DC 20224, or through the 

internet, at jason.m.schoonmaker@

irs.gov. 

SUPPLEMENTARY INFORMATION: 

Change in PRA Approval of Forms 

Used by Trusts and Estates 

Under the PRA, OMB assigns a 

control number to each ‘‘collection of 

information’’ that it reviews and 

approves for use by an agency. A single 

information collection may consist of 

one or more forms, recordkeeping 

requirements, and/or third-party 

disclosure requirements. Under the PRA 

and OMB regulations, agencies have the 

discretion to seek separate OMB 

approvals for forms, recordkeeping 

requirements, and third-party reporting 

requirements or to combine any number 

of forms, recordkeeping requirements, 

and/or third-party disclosure 

requirements (usually related in subject 

matter) under one OMB Control 

Number. Agency decisions on whether 

to group individual requirements under 

a single OMB Control Number or to 

disaggregate them and request separate 

OMB Control Numbers are based largely 

on considerations of administrative 

practicality. 

The PRA also requires agencies to 

estimate the burden for each collection 

of information. Accordingly, each OMB 

Control Number has an associated 

burden estimate. The burden estimates 

for each control number are displayed 

in (1) the PRA notices that accompany 

collections of information, (2) Federal 

Register notices such as this one, and 

(3) in OMB’s database of approved 

information collections. If more than 

one form, recordkeeping requirement, 

and/or third-party disclosure 

requirement is approved under a single 

control number, then the burden 

estimate for that control number reflects 

the burden associated with all of the 

approved forms, recordkeeping 

requirements, and/or third-party 

disclosure requirements. 

As described below under the heading 

‘‘Updated Burden Estimate 

Methodology,’’ the IRS’s currently 

accepted burden estimate methodology, 

referred to as the IRS Taxpayer Burden 

Model, is based on taxpayers’ tax 

reporting experience taking into 

account, among other things, the forms 

and schedules used by those taxpayers 

and the recordkeeping and other 

activities needed to complete those 

forms. The transition of the trust and 

estate income tax reporting burden 

represents the IRS’s continued effort to 

improve the ability of IRS to measure 

the burden imposed on various groups 

of taxpayers by the federal tax system. 

While the improved methodology 

provides a more accurate and 

comprehensive description of the trust 

and estate income tax reporting burden, 

it will not provide burden estimates on 

a form-by-form basis, as has been done 

under the previous methodology. When 

the prior model, known as the legacy 

Arthur D. Little (ADL) model was 

developed in the mid-1980s, almost all 

tax returns were prepared manually, 

either by the taxpayer or a paid 

provider. In this context, it was 

determined that estimating burden on a 

form-by-form, line-by-line basis was an 

appropriate methodology. Trust and 

estate income tax returns are 

increasingly being prepared using 

software or with preparer assistance. In 

this current reporting environment, in 

which many taxpayers’ activities are no 

longer as directly associated with 

particular forms, estimating burden on a 

form-by-form basis is not an appropriate 

method of estimating taxpayer burden. 

The IRS Taxpayer Burden Model, which 

takes into account broader and more 

comprehensive taxpayer characteristics 

and activities, provides a much more 

accurate and useful estimate of taxpayer 

burden. 

Currently, there are 152 forms and 27 

regulations used by trust and estates 

pertaining to their income tax reporting 


khammond on DSKJM1Z7X2PROD with NOTICESEN10SE24.003</GPH>

UL Timura Frunze, D. 11, Str. 1, Floor 1, Pomeshch. I, Korn. 2, Moscow 119021, Russia; 

Website www.dialog.info; alt. Website www.dialog-regions.ru; Secondary sanctions risk: 

See Section 11 of Executive Order 14024.; Organization Established Date 21 Jul 2020; 

Tax ID No. 9709063550 (Russia); Business Registration Number 1207700248030 

(Russia) [RUSSIA-EO14024] (Linked To: AUTONOMOUS NON-PROFIT 

ORGANIZATION DIALOG). 

Designated pursuant to section l(a)(vii) ofE.O. 14024 for being owned or controlled by, 

or having acted or purported to act for or on behalf of, directly or indirectly, 

AUTONOMOUS NON-PROFIT ORGANIZATION DIALOG, an entity whose property 

and interests in property are blocked pursuant to E.O. 14024. 
73502 Federal Register / Vol. 89, No. 175 / Tuesday, September 10, 2024 / Notices 

requirements. These include Forms 

1041, 1041 A, 1041 ES, 1041 ES (OCR), 

1041 N, 1041 QFT, 1041 SCH D, 1041 

SCH I, 1041 SCH J, 1041 SCH K–1, 1041 

T, 1041 V, 172, 461, 926, 965 A, 982, 

1040 SCH C, 1040 SCH E, 1040 SCH F, 

1040 SCH H, 1045, 1065 SCH D, 1065 

SCH K–2, 1116, 1116 SCH B, 1116 SCH 

C, 2210, 2210 F, 2439, 3115, 3468, 3800, 

4136, 4255, 4562, 4684, 4797, 4952, 

4970, 4972, 5227, 5329, 5471, 5471 SCH 

E, 5471 SCH G1, 5471 SCH H, 5471 SCH 

I1, 5471 SCH J, 5471 SCH M, 5471 SCH 

O, 5471 SCH P, 5471 SCH Q, 5471 SCH 

R, 5713, 5713 SCH B, 5713 SCH C, 5884, 

5884 A, 6198, 6252, 6478, 6765, 6781, 

7205, 7207, 7210, 7211, 7213, 7217, 

7218, 8082, 8275, 8275 R, 8453 FE, 

8582, 8582 CR, 8586, 8594, 8609 A, 

8611, 8621, 8697, 8801, 8820, 8824, 

8825, 8826, 8829, 8830, 8833, 8835, 

8844, 8845, 8846, 8855, 8858, 8858 SCH 

M, 8864, 8865, 8865 SCH G, 8865 SCH 

H, 8865 SCH K–1, 8865 SCH K–2, 8865 

SCH K–3, 8865 SCH O, 8865 SCH P, 

8866, 8873, 8879 F, 8881, 8882, 8886, 

8896, 8903, 8904, 8908, 8910, 8911, 

8911 SCH A, 8912, 8918, 8932, 8933, 

8933 SCH A, 8933 SCH B, 8933 SCH C, 

8933 SCH D, 8933 SCH E, 8933 SCH F, 

8936, 8938, 8941, 8949, 8960, 8978, 

8978 SCH A, 8990, 8992, 8992 SCH A, 

8994, 8995, 8995 A, 8995 A SCH A, 

8995 A SCH B, 8995 A SCH C, 8995 A 

SCH D, 8997, 8582–CR, 8609–A, T, and 

their schedules (see the Appendix to 

this notice). For most of these forms, IRS 

has in the past obtained separate OMB 

approvals under unique OMB Control 

Numbers and separate burden estimates. 

The IRS Taxpayer Burden Model 

methodology estimates the aggregate 

burden imposed on trusts and estates, 

based upon their reporting-related 

characteristics and activities. IRS 

therefore will seek OMB approval of all 

152 trust and estate income tax forms as 

a single ‘‘collection of information.’’ The 

aggregate burden of these tax forms will 

be accounted for under OMB Control 

Number 1545–0092, which is currently 

assigned to Form 1041. OMB Control 

Number 1545–0092 will be displayed on 

all trust and estate income tax forms and 

related information collections. As a 

result of this change, burden estimates 

for trust and estate income taxes will 

now be displayed differently in PRA 

Notices on tax forms and other 

information collections, and in Federal 

Register notices. This new way of 

displaying burden is presented below 

under the heading ‘‘Proposed PRA 

Submission to OMB.’’ 

Updated Burden Estimate Methodology 

The IRS Taxpayer Burden Model 

methodology revises the estimates of the 

levels of burden experienced by trusts 

and estates when complying with their 

federal reporting requirements 

pertaining to income taxes. It replaces 

the legacy ADL model methodology 

developed in the mid-1980s. Since that 

time, improved technology and 

modeling sophistication have enabled 

the IRS to improve the burden 

estimates. The IRS Taxpayer Burden 

Model methodology provides taxpayers 

and the IRS with a more comprehensive 

understanding of the current levels of 

taxpayer burden. It reflects major 

changes over the past two decades in 

the way taxpayers prepare and file their 

returns. The IRS Taxpayer Burden 

Model methodology also represents a 

substantial step forward in the IRS’s 

ability to assess likely impacts of 

administrative and legislative changes 

on trusts and estates. 

The IRS Taxpayer Burden Model 

methodology focuses on the 

characteristics and activities of trusts 

and estates rather than solely focusing 

on the forms they file. Key determinants 

of taxpayer burden in the model are the 

type of trust or estate, the number of 

beneficiaries, level of the trust or 

estate’s income, and the complexity of 

the trust or estate’s income generated 

from assets and investments. Indicators 

of tax law and administrative 

complexity, as reflected in the tax forms 

and instructions, are incorporated into 

the model. Tax compliance burden does 

not include a taxpayer’s tax liability, 

economic inefficiencies caused by suboptimal choices related to tax 

deductions or credits, or psychological 

costs. The legacy ADL model 

methodology primarily focused on the 

number of line items of each tax form. 

The changes between the old and new 

burden estimates are due to the 

improved ability of the IRS Taxpayer 

Burden Model methodology to measure 

burden and the expanded scope of what 

is measured. These changes create a 

one-time shift in the estimate of 

imposed burden. It is important to note 

that the difference between the legacy 

ADL estimate and the IRS Taxpayer 

Burden Model estimate do not reflect 

any change in the actual burden 

imposed by taxpayers. 

Methodology 

Burden is defined as the time and outof-pocket costs incurred by taxpayers to 

comply with their federal tax reporting 

responsibilities. As has been done for 

individual taxpayer burden since 2005, 

business entity burden since 2014, taxexempt organization burden since 2018, 

and employer taxpayer burden since 

2023, both the time expended and the 

out-of-pocket costs for trusts and estates 

are estimated. The IRS Taxpayer Burden 

Model methodology relies on surveys 

that gather data about time and out-ofpocket costs that trusts and estates 

spend on pre-filing and filing activities. 

The methodology establishes 

econometric relationships between tax 

return characteristics and reported 

compliance costs. The methodology 

controls for the substitution of time and 

money by monetizing time and 

reporting total compliance costs in 

dollars. This methodology better reflects 

taxpayer compliance burden, because in 

a world of electronic tax preparation, 

time and out-of-pocket costs are 

governed by the information required 

rather than the form on which it is 

ultimately reported. Importantly, even 

where various trusts and estates 

complete the same tax form lines, the 

new methodology differentiates the cost 

incurred to complete those forms based 

on characteristics of those trusts and 

estates. Key characteristics that serve as 

coefficients in the trust and estates 

reporting burden model are: 

• Type of trust or estate 

• Level of income 

• Complexity of income and deductions 

• Number of beneficiaries 

The IRS Taxpayer Burden Model 

methodology is based on survey data 

collected using the following 

stratification for trusts and estates: 

FORM 1041 STRATA

Fiduciary code Income level 

1 = Estate .................................... <$5 

5–999 

1,000–4,999 

5,000–24,999 

25,000–74,999 

75,000–149,999 

>=150,000 

2 = Simple Trust .......................... <5 

5–999 

1,000–4,999 

5,000–24,999 

25,000–74,999 

75,000–149,999 

>=150,000 

3 = Complex Trust ...................... <5 

5–999 

1,000–4,999 

5,000–24,999 

25,000–74,999 

75,000–149,999 

>=150,000 

4 = Nontaxable Grantor Trust ..... Any 

5 = Bankruptcy Trust Ch. 7 ......... Any 

6 = Bankruptcy Trust Ch. 11 ....... Any 

8 = Qualified Dividend Trust ....... <5 

>=5 

9 = Pooled Investment Funds ..... <5 

>=5 

Source: IRS:RAAS:KDA (08–23–2024). 

Proposed PRA Submission to OMB 

Title: Trust and Estate Income Tax 

Returns and related Forms. 

OMB Number: 1545–0092. 

Form Numbers: 1041, 1041 A, 1041 

ES, 1041 ES (OCR), 1041 N, 1041 QFT, 


khammond on DSKJM1Z7X2PROD with NOTICES
Federal Register / Vol. 89, No. 175 / Tuesday, September 10, 2024 / Notices 73503 

1041 SCH D, 1041 SCH I, 1041 SCH J, 

1041 SCH K–1, 1041 T, 1041 V, 172, 

461, 926, 965 A, 982, 1040 SCH C, 1040 

SCH E, 1040 SCH F, 1040 SCH H, 1045, 

1065 SCH D, 1065 SCH K–2, 1116, 1116 

SCH B, 1116 SCH C, 2210, 2210 F, 2439, 

3115, 3468, 3800, 4136, 4255, 4562, 

4684, 4797, 4952, 4970, 4972, 5227, 

5329, 5471, 5471 SCH E, 5471 SCH G1, 

5471 SCH H, 5471 SCH I1, 5471 SCH J, 

5471 SCH M, 5471 SCH O, 5471 SCH P, 

5471 SCH Q, 5471 SCH R, 5713, 5713 

SCH B, 5713 SCH C, 5884, 5884 A, 

6198, 6252, 6478, 6765, 6781, 7205, 

7207, 7210, 7211, 7213, 7217, 7218, 

8082, 8275, 8275 R, 8453 FE, 8582, 8582 

CR, 8586, 8594, 8609 A, 8611, 8621, 

8697, 8801, 8820, 8824, 8825, 8826, 

8829, 8830, 8833, 8835, 8844, 8845, 

8846, 8855, 8858, 8858 SCH M, 8864, 

8865, 8865 SCH G, 8865 SCH H, 8865 

SCH K–1, 8865 SCH K–2, 8865 SCH K– 

3, 8865 SCH O, 8865 SCH P, 8866, 8873, 

8879 F, 8881, 8882, 8886, 8896, 8903, 

8904, 8908, 8910, 8911, 8911 SCH A, 

8912, 8918, 8932, 8933, 8933 SCH A, 

8933 SCH B, 8933 SCH C, 8933 SCH D, 

8933 SCH E, 8933 SCH F, 8936, 8938, 

8941, 8949, 8960, 8978, 8978 SCH A, 

8990, 8992, 8992 SCH A, 8994, 8995, 

8995 A, 8995 A SCH A, 8995 A SCH B, 

8995 A SCH C, 8995 A SCH D, 8997, 

8582–CR, 8609–A, T, and associated 

schedules. 

Abstract: These forms are used by 

trusts and estates to comply with their 

income tax reporting requirement. The 

data is used to verify that the items 

reported on the forms are correct. 

Current Actions: The burden 

estimation methodology for trust and 

estate tax is being transitioned from the 

legacy Arthur D. Little (ADL) 

methodology to the IRS Taxpayer 

Burden Model. The changes discussed 

above result in a burden hour estimate 

of 69,000,000 hours, a decrease in total 

estimated time burden of 327,470,339 

hours. The newly reported total out-ofpocket costs is $6,124,000,000 and total 

monetized burden is $11,164,000,000. 

The change related to the transition of 

the burden estimate from the legacy adl 

model methodology to the IRS Taxpayer 

Burden Model, is a one-time change. In 

addition, changes are being made to the 

forms to be current with enacted 

legislation. 

Type of Review: Revision of currently 

approved collections. 

Affected Public: Trusts and Estates. 

Estimated Number of Respondents: 

3,070,000. 

Estimated Time per Respondent 

(Hours): 22 hours, 29 minutes. 

Estimated Total Annual Time (Hours): 

69,000,000 hours. 

Estimated Total Annual Monetized 

Time ($): 5,040,000,000. 

Estimated Annual Monetized Time 

per Respondent ($): 1,642. 

Estimated Total Out-of-Pocket Costs 

($): 6,124,000,000. 

Estimated Out-of-Pocket Cost per 

Respondent ($): 1,995. 

Estimated Total Monetized Burden 

($): 11,164,000,000. 

Estimated Monetized Burden per 

Respondent ($): 3,637. 

Note: Total Monetized Burden = Total Outof-Pocket Costs + Total Annual Monetized 

Time. 

FISCAL YEAR (FY) 2025 BURDEN TOTAL ESTIMATES FOR TRUST AND ESTATE INCOME TAX FORMS, SCHEDULES, AND

REGULATIONS

[FY25] 

FY23 to 24 

Program change 

due to 

adjustment 

Program 

change due 

to new 

legislation 

Program 

change 

due to 

agency 

FY 25 

Number of Respondents .............................................. * 19,120,534 (16,050,534) 0 0 ** 3,070,000 

Burden in Hours ........................................................... 396,470,339 (327,470,339) 0 0 69,000,000 

Monetized time Burden ................................................ $0 $5,040,000,000 $0 $0 $5,040,000,000 

Out-of-Pocket Costs ..................................................... $0 $6,124,000,000 $0 $0 $6,124,000,000 

Total Monetized Burden *** .......................................... $0 $11,164,000,000 $0 $0 $11,164,000,000 

Source: IRS:RAAS:KDA (07–08–2024). 

* FY23 responses per year is a count of all forms and schedules filed under legacy ADL Model methodology. 

** FY25 responses per year is a count of all taxpayers under the IRS Taxpayer Burden Model methodology. This approach is also used for 

OMB 1545–0074 (individuals), 1545–0123 (business entities), 1545–0029 (employment tax), and 1545–0047 (tax–exempt organizations). 

*** Total monetized burden = Total Out-of-Pocket Costs + Total Annual Monetized Time Note: 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. Detail may not add due to rounding. 

The following additional breakouts of 

average burden are provided for 

transparency in understanding the 

average estimated burden experienced 

by taxpayers. Table 1 shows the average 

burden by filers of Form 1041. Table 2 

shows the average burden by total 

income. Table 3 shows the average 

burden by the number of K–1s attached 

to the Form 1041. 

TABLE 1—FY2025 AVERAGE BURDEN PROJECTIONS BY ENTITY TYPE

Entity type 

Percent 

of filed 

Form 1041 ** 

Average time 

(hrs.) 

Average 

out-of-pocket 

costs 

Average 

monetized 

burden 

Simple Trust ................................................................................................... 18 19 $1,400 $2,900 

Complex Trust * ............................................................................................. 55 22 2,000 3,800 

Decedent Estate ............................................................................................ 10 46 4,100 7,100 

Grantor Trust ................................................................................................. 16 12 1,500 1,900

Qualified Disability Trust ................................................................................ 1 19 800 1,900 

Pooled Income Fund ..................................................................................... <1 27 2,000 2,900 

Source: IRS:RAAS:KDA (07–08–2024). 

* The category of Complex Trusts includes Chapter 7 and Chapter 11 Bankruptcy Estates. 

** Percentages based on Tax Year 2022 filings. 


khammond on DSKJM1Z7X2PROD with NOTICES
73504 Federal Register / Vol. 89, No. 175 / Tuesday, September 10, 2024 / Notices 

TABLE 2—FY2025 AVERAGE BURDEN PROJECTIONS BY TOTAL INCOME * 

Total Income Average time 

(hrs.) 

Average 

out-of-pocket 

costs 

Average 

monetized 

burden 

Table 2A—Simple Trusts 

1. <$1 ......................................................................................................................................... 19 $800 $1,700 

2. $1 to $5,000 .......................................................................................................................... 19 900 1,800 

3. $5,001 to $10,000 ................................................................................................................. 18 1,100 2,300 

4. $10,001 to $50,000 ............................................................................................................... 17 1,400 2,900 

5. >$50,000 ................................................................................................................................ 25 2,700 5,600 

Table 2B—Complex Trusts, Qualified Disability Trusts, Pooled Income Funds, Chapter 7 and 11 Bankruptcy Estates 

1. <$1 ......................................................................................................................................... 19 900 1,700 

2. $1 to $5,000 .......................................................................................................................... 19 1,000 1,900 

3. $5,001 to $10,000 ................................................................................................................. 18 1,300 2,500 

4. $10,001 to $50,000 ............................................................................................................... 18 1,800 3,400 

5. >$50,000 ................................................................................................................................ 40 5,200 10,000 

Table 2C—Decedent Estates 

1. <$1 ......................................................................................................................................... 38 2,800 4,800 

2. $1 to $5,000 .......................................................................................................................... 48 3,100 5,300 

3. $5,001 to $10,000 ................................................................................................................. 52 3,900 6,800 

4. $10,001 to $50,000 ............................................................................................................... 49 5,100 8,900 

5. >$50,000 ................................................................................................................................ 52 8,100 14,100 

Source: IRS:RAAS:KDA (07–08–2024). 

* Grantor trusts are not reflected in this table because income from a grantor trust is generally reported on the grantor’s tax return. 

TABLE 3—FY2025 AVERAGE BURDEN PROJECTIONS BY NUMBER OF K–1S ATTACHED * 

Number of K–1s Average time 

(hrs.) 

Average 

out-of-pocket 

costs 

Average 

monetized 

burden 

Table 3A—Simple Trusts 

0 ................................................................................................................................................. 16 $900 $1,900 

1–5 ............................................................................................................................................. 19 1,400 2,900 

6–10 ........................................................................................................................................... 33 2,600 5,500 

>10 ............................................................................................................................................. 47 5,000 10,400 

Table 3B—Complex Trusts, Qualified Disability Trusts, Pooled Income Funds, Ch. 7 and 11 Bankruptcy Estates 

0 ................................................................................................................................................. 19 1,300 2,500 

1–5 ............................................................................................................................................. 23 2,300 4,400 

6–10 ........................................................................................................................................... 39 4,200 8,100 

>10 ............................................................................................................................................. 60 7,700 14,600 

Table 3C—Decedent Estates 

0 ................................................................................................................................................. 41 3,200 5,600 

1–5 ............................................................................................................................................. 49 4,700 8,200 

6–10 ........................................................................................................................................... 57 6,600 11,400 

>10 ............................................................................................................................................. 68 9,000 15,700 

Source: IRS:RAAS:KDA (07–08–2024). 

* Grantor trusts are not reflected in this table because they do not use Schedule K–1s. See Instructions to Form 1041, https://www.irs.gov/instructions/i1041. 

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. 

Approved: September 5, 2024. 

Jason M. Schoonmaker, 

Tax Analyst. 

Appendix A 


khammond on DSKJM1Z7X2PROD with NOTICES
Federal Register / Vol. 89, No. 175 / Tuesday, September 10, 2024 / Notices 73505 

Form Title/description OMB No. 

1041 .................... U.S. Income Tax Return for Estates and Trusts .................................................................................................... 1545–0092 

1041–A ............... U.S. Information Return Trust Accumulation of Charitable Amounts .................................................................... 1545–0094 

1041–ES ............. Estimated Tax for Estates and Trusts .................................................................................................................... 1545–0971 

1041–ES (OCR) Estimated Tax Vouchers Package 1041ES (OCR) 2017 ...................................................................................... 1545–0971 

1041–N ............... U.S. Income Tax Return for Electing Alaska Native Settlement ........................................................................... 1545–1776 

1041–QFT ........... U.S. Income Tax Return for Qualified Funeral Trusts ........................................................................................... 1545–1593 

1041–SCH D ...... Capital Gains and Losses ...................................................................................................................................... 1545–0092 

1041 SCH I ......... Alternative Minimum Tax-Estates and Trusts ........................................................................................................ 1545–0092 

1041 SCH J ........ Accumulation Distribution for Certain Complex Trusts .......................................................................................... 1545–0092 

1041 SCH K–1 ... Beneficiary’s Share of Income, Deductions, Credits, etc ....................................................................................... 1545–0092 

1041–T ................ Allocation of Estimated Tax Payments to Beneficiaries (Under Code section 643(g)) ......................................... 1545–1020 

1041–V ............... Payment Voucher ................................................................................................................................................... 1545–0092 

5227 .................... Split-Interest Trust Information Return ................................................................................................................... 1545–0196 

172 ...................... Net Operating Losses (NOLs) for Individuals, Estates, and Trusts ....................................................................... 1545–0074 

461 ...................... Limitation on Business Losses ............................................................................................................................... 1545–2283 

926 ...................... Return by a U.S. Transferor of Property to a Foreign Corporation ....................................................................... 1545–0026 

965–A ................. Form 965–A, Individual Report of Net 965 Tax Liability ........................................................................................ 1545–0074 

982 ...................... Reduction of Tax Attributes Due to Discharge of Indebtedness (And Section 1082 Basis Adjustment) .............. 1545–0046 

1040 SCH C ....... Profit or Loss from Business (Sole Proprietorship) ................................................................................................ 1545–0074 

1040 SCH E ....... Supplemental Income and Loss ............................................................................................................................. 1545–0074 

1040 SCH F ........ Profit or Loss from Farming ................................................................................................................................... 1545–0074 

1040 SCH H ....... Household Employment Taxes .............................................................................................................................. 1545–0074 

1045 .................... Application for Tentative Refund ............................................................................................................................ 1545–0098 

1065 SCH D ....... Capital Gains and Losses ...................................................................................................................................... 1545–0123 

1065 SCH K–2 ... Partners Distributive Share Items—International ................................................................................................... 1545–0123 

1116 .................... Foreign Tax Credit ................................................................................................................................................. 1545–0121 

1116 SCH B ....... Foreign Tax Credit ................................................................................................................................................. 1545–0121 

1116 SCH C ....... Foreign Tax Credit ................................................................................................................................................. 1545–0121 

2210 .................... Underpayment of Estimated Tax by Individuals, Estates and Trusts .................................................................... 1545–0140 

2210–F ................ Underpayment of Estimated Tax by Farmers and Fisherman ............................................................................... 1545–0140 

2439 .................... Notice to Shareholder of Undistributed Long-Term Capital Gains ........................................................................ 1545–0123 

3115 .................... Application for Change in Accounting Method ....................................................................................................... 1545–2070 

3468 .................... Investment Credit ................................................................................................................................................... 1545–0074 

3800 .................... General Business Credit ........................................................................................................................................ 1545–0895 

4136 .................... Credit for Federal Tax Paid on Fuels ..................................................................................................................... 1545–0162 

4255 .................... Recapture of Investment Credit ............................................................................................................................. 1545–0166 

4562 .................... Depreciation and Amortization (Including Information on Listed Property) ........................................................... 1545–0172 

4684 .................... Casualties and Thefts ............................................................................................................................................ 1545–0177 

4797 .................... Sales of Business Property .................................................................................................................................... 1545–0184 

4952 .................... Investment Interest Expense Deduction ................................................................................................................ 1545–0191 

4970 .................... Tax on Accumulation Distribution of Trusts ........................................................................................................... 1545–0192 

4972 .................... Tax on Lump-Sum Distributions ............................................................................................................................. 1545–0193 

5227 .................... Split-Interest Trust Information Return ................................................................................................................... 1545–0196 

5329 .................... Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts .................................... 1545–0123 

5471 .................... Information Return of U.S. Persons With Respect to Certain Foreign Corporations ............................................ 1545–0123 

5471 SCH E ....... Income, War Profits, and Excess Profits Taxes Paid or Accrued ......................................................................... 1545–0123 

5471 SCH G1 ..... Cost Sharing Arrangement ..................................................................................................................................... 1545–0123 

5471 SCH H ....... Current Earnings and Profits .................................................................................................................................. 1545–0123 

5471 SCH I1 ....... Information for Global Intangible Low-Taxed Income ............................................................................................ 1545–0123 

5471 SCH J ........ Accumulated Earnings and Profits (E&P) of Controlled Foreign Corporation ....................................................... 1545–0123 

5471 SCH M ....... Transactions Between Controlled Foreign Corporation and Shareholders or Other Related Persons ................. 1545–0123 

5471 SCH O ....... Organization or Reorganization of Foreign Corporation and Acquisitions and Dispositions of its Stock ............. 1545–0123 

5471 SCH P ....... Previously Taxed Earnings and Profits of U.S. Shareholder of Certain Foreign Corporations ............................. 1545–0123 

5471 SCH Q ....... CFC Income by CFC Income Groups .................................................................................................................... 1545–0123 

5471 SCH R ....... Form 5471 Schedule R .......................................................................................................................................... 1545–0123 

5713 .................... International Boycott Report ................................................................................................................................... 1545–0216 

5713 SCH B ....... Specifically Attributable Taxes and Income (Section 999(c)(2)) ............................................................................ 1545–0216 

5713 SCH C ....... Tax Effect of The International Boycott Provisions ................................................................................................ 1545–0216 

5884 .................... Work Opportunity Credit ......................................................................................................................................... 1545–0219 

5884–A ............... Employee Retention Credit for Employers Affected by Qualified Disasters .......................................................... 1545–1978 

6198 .................... At-Risk Limitations .................................................................................................................................................. 1545–0712 

6252 .................... Installment Sale Income ......................................................................................................................................... 1545–0228 

6478 .................... Biofuel Producer Credit .......................................................................................................................................... 1545–0231 

6765 .................... Credit for Increasing Research Activities ............................................................................................................... 1545–0619 

6781 .................... Gains and Losses from Section 1256 Contracts and Straddles ............................................................................ 1545–0644 

7205 .................... Energy Efficient Commercial Buildings Deduction ................................................................................................. 1545–2004 

7207 .................... Advanced Manufacturing Production Credit .......................................................................................................... 1545–2306 

7210 .................... Clean Hydrogen Production Credit ........................................................................................................................ 1545–2321 

7211 .................... Clean Electricity Production Credit ......................................................................................................................... New Form 

7213 .................... Nuclear Power Production Credit ........................................................................................................................... 1545–0123 

7217 .................... Distributions From a Partnership of Property With Partner Basis Adjustments .................................................... New Form 

7218 .................... Clean Fuel Production Credit ................................................................................................................................. New Form 

8082 .................... Notice of Inconsistent Treatment or Administrative Adjustment Request (AAR) .................................................. 1545–0074 

8275 .................... Disclosure Statement ............................................................................................................................................. 1545–0889 


khammond on DSKJM1Z7X2PROD with NOTICES
73506 Federal Register / Vol. 89, No. 175 / Tuesday, September 10, 2024 / Notices 

Form Title/description OMB No. 

8275–R ............... Regulation Disclosure Statement ........................................................................................................................... 1545–0889 

8453–FE ............. U.S. Estate or Trust Income Tax Declaration and Signature for Electronic Filing ................................................ 1545–0967 

8582 .................... Passive Activity Loss Limitations ........................................................................................................................... 1545–1008 

8582–CR ............. Passive Activity Credit Limitations ......................................................................................................................... 1545–1034 

8586 .................... Low-Income Housing Credit ................................................................................................................................... 1545–0984 

8594 .................... Asset Acquisition Statement .................................................................................................................................. 1545–0074 

8609–A ............... Annual Statement for Low-Income Housing Credit ................................................................................................ 1545–0988 

8611 .................... Recapture of Low-Income Housing Credit ............................................................................................................. 1545–1035 

8621 .................... Return by a Shareholder of a Passive Foreign Investment Co. or Qualified Electing Fund ................................. 1545–1002 

8697 .................... Interest Computation Under the Look-Back Method for Completed Long-Term Contracts .................................. 1545–1031 

8801 .................... Credit For Prior Year Minimum Tax—Individuals, Estates, and Trusts ................................................................. 1545–1073 

8820 .................... Orphan Drug Credit ................................................................................................................................................ 1545–1505 

8824 .................... Like-Kind Exchanges .............................................................................................................................................. 1545–1190 

8825 .................... Rental Real Estate Income and Expenses of a Partnership or an S Corporation ................................................ 1545–0123 

8826 .................... Disabled Access Credit .......................................................................................................................................... 1545–1205 

8829 .................... Expenses for Business Use of Your Home ........................................................................................................... 1545–0074 

8830 .................... Enhanced Oil Recovery Credit ............................................................................................................................... 1545–1292 

8833 .................... Treaty-Based Return Position Disclosure Under Section 6114 or 7701(b) ........................................................... 1545–1354 

8835 .................... Renewable Electricity Production Credit ................................................................................................................ 1545–1362 

8844 .................... Empowerment Zone Employment Credit ............................................................................................................... 1545–1444 

8845 .................... Indian Employment Credit ...................................................................................................................................... 1545–0123 

8846 .................... Credit for Employer Social Security and Medicare Taxes Paid on Certain Employee Tips ................................. 1545–0123 

8855 .................... Election To Treat a Qualified Revocable Trust as Part of an Estate .................................................................... 1545–1881 

8858 .................... Information Return of U.S. Persons With Respect to Disregarded Entities (FDEs) and Foreign Branches (FBs) 1545–1910 

8858 SCH M ....... Transactions Between Foreign Disregarded Entity (FDE) or Foreign Branch (FB) and the Filer or Other Related Entities.1545–1910 

8864 .................... Biodiesel, Renewable Diesel, or Sustainable Aviation Fuels Credit ...................................................................... 1545–1924 

8865 .................... Return of U.S. Persons With Respect to Certain Foreign Partnerships ................................................................ 1545–1668 

8865 SCH G ....... Statement of Application for the Gain Deferral Method Under Section 721(c) ..................................................... 1545–1668 

8865 SCH H ....... Acceleration Events and Exceptions Reporting Relating to Gain Deferral Method Under Section 721(c) ........... 1545–1668 

8865 SCH K–1 ... Partner’s Share of Income, Deductions, Credits, etc. (Schedule K–1 (Form 8865)) ............................................ 1545–1668 

8865 SCH K–2 ... Schedule K–2 (Form 8865), Partners’ Distributive Share Items—International .................................................... 1545–1668 

8865 SCH K–3 ... Partner’s Share of Income, Deductions, Credits, etc.—International .................................................................... 1545–1668 

8865 SCH O ....... Transfer of Property to a Foreign Partnership ....................................................................................................... 1545–1668 

8865 SCH P ....... Acquisitions, Dispositions, and Changes of Interests in a Foreign Partnership .................................................... 1545–1668 

8866 .................... Interest Computation Under the Look-Back Method for Property Depreciated Under the Income Forecast 

Method.

1545–1622 

8873 .................... Extraterritorial Income Exclusion ............................................................................................................................ 1545–1722 

8879–F ................ U.S. Estate or Trust Declaration for an IRS e-file Return ..................................................................................... 1545–0967 

8881 .................... Credit for Small Employer Pension Plan Startup Costs ........................................................................................ 1545–1810 

8882 .................... Credit for Employer-Provided Child Care Facilities and Services ......................................................................... 1545–1809 

8886 .................... Reportable Transaction Disclosure Statement ....................................................................................................... 1545–1800 

8896 .................... Low Sulfur Diesel Fuel Production Credit .............................................................................................................. 1545–1914 

8903 .................... Domestic Production Activities Deduction .............................................................................................................. 1545–1984 

8904 .................... Credit for Oil and Gas Production From Marginal Wells ....................................................................................... 1545–2278 

8908 .................... Energy Efficient Home Credit ................................................................................................................................. 1545–1979 

8910 .................... Alternative Motor Vehicle Credit ............................................................................................................................. 1545–1998 

8911 .................... Alternative Fuel Vehicle Refueling Property Credit ................................................................................................ 1545–0123 

8911 SCH A ....... Alternative Fuel Vehicle Refueling Property Credit Amount .................................................................................. New Form 

8912 .................... Credit to Holders of Tax Credit Bonds ................................................................................................................... 1545–2025 

8918 .................... Material Advisor Disclosure Statement .................................................................................................................. 1545–0865 

8932 .................... Credit for Employer Differential Wage Payments .................................................................................................. 1545–2126 

8933 .................... Carbon Oxide Sequestration Credit ....................................................................................................................... 1545–2132 

8933 SCH A ....... Disposal or Enhanced Oil Recovery Owner Certification ...................................................................................... New Form 

8933 SCH B ....... Disposal Operator Certification .............................................................................................................................. New Form 

8933 SCH C ....... Enhanced Oil Recovery Operator Certification ...................................................................................................... New Form 

8933 SCH D ....... Recapture Certification ........................................................................................................................................... New Form 

8933 SCH E ....... Election Certification ............................................................................................................................................... New Form 

8933 SCH F ........ Utilization Certification ............................................................................................................................................ New Form 

8936 .................... Clean Vehicle Credits ............................................................................................................................................. 1545–0074 

8938 .................... Statement of Specified Foreign Financial Assets .................................................................................................. 1545–2195 

8941 .................... Credit for Small Employer Health Insurance Premiums ........................................................................................ 1545–2198 

8949 .................... Sales and Other Dispositions of Capital Assets .................................................................................................... 1545–0074 

8960 .................... Net Investment Income Tax-Individuals, Estates, and Trusts ............................................................................... 1545–2227 

8978 .................... Partner’s Additional Reporting Year Tax ................................................................................................................ 1545–0123 

8978 SCH A ....... Partners Additional Reporting Year Tax ................................................................................................................ 1545–0123 

8990 .................... Limitation on Business Interest Expense Under Section 163(j) ............................................................................ 1545–0123 

8992 .................... U.S Shareholder Calculation of Global Intangible Low-Taxed Income (GILTI) ..................................................... 1545–0123 

8992 SCH A ....... Schedule A, for Global Intangible Low-Taxed Income (GILTI) .............................................................................. 1545–0123 

8994 .................... Employer Credit for Paid Family and Medical Leave ............................................................................................ 1545–2282 

8995 .................... Qualified Business Income Deduction Simplified Computation ............................................................................. 1545–2294 

8995–A ............... Qualified Business Income Deduction ................................................................................................................... 1545–2294 

8995–A SCH A ... Specified Service Trades or Businesses ............................................................................................................... 1545–2294 

8995–A SCH B ... Aggregation of Business Operations ..................................................................................................................... 1545–2294 


khammond on DSKJM1Z7X2PROD with NOTICES
Federal Register / Vol. 89, No. 175 / Tuesday, September 10, 2024 / Notices 73507 

Form Title/description OMB No. 

8995–A SCH C ... Loss Netting and Carryforward .............................................................................................................................. 1545–2294 

8995–A SCH D ... Special Rules for Patrons of Agricultural or Horticultural Cooperatives ................................................................ 1545–2294 

8997 .................... Initial and Annual Statement of Qualified Opportunity Fund (QOF) Investments ................................................. 1545–0123 

8582–CR ............. Passive Activity Credit Limitations ......................................................................................................................... 1545–1034 

8609–A ............... Annual Statement for Low-Income Housing Credit ................................................................................................ 1545–0988 

T .......................... Forest Activities ...................................................................................................................................................... 1545–0007 

* 1545–0074 will not be discontinued it will be the number assigned to all Forms within the individual tax collection. 

* 1545–0123 will not be discontinued. It is the business collection and 8922 will be included in both the Business collection and the Employment Tax collection. 

* 1545–0029 will not be discontinued it will be the number assigned to all Forms within the employment tax collection. 

* 1545–0092 will not be discontinued it will be the number assigned to all Forms within the trust and estate income tax collection. 

Appendix B 

Guidance title/description OMB No. 

Revenue Procedure 2009–20: Safe harbor treatment for taxpayers that experienced losses in certain investment arrangements 

discovered to be criminally fraudulent ................................................................................................................................................. 1545–0092 

Revenue Procedure 2009–26: Examination of returns and claims for refund, credit or abatement; determination of correct tax liability .................................................................................................................................................................................................... 1545–0092 

Revenue Procedure 2009–52: Examination of returns and claims for refund, credit or abatement; determination of correct tax liability .................................................................................................................................................................................................... 1545–0092 

Revenue Procedure 2019–38: Trade or Business .................................................................................................................................. 1545–0092 

TD 9846: Regulations Regarding the Transition Tax Under Section 965 and Related Provisions ........................................................ 1545–2280 

TD 9847: Qualified Business Income Deduction .................................................................................................................................... 1545–0092 

TD 9902: Guidance Under Sections 951A and 954 Regarding Income Subject to a High Rate of Foreign Tax .................................. 1545–0092 

TD 9918: Effect of Section 67(g) on Trusts and Estates ........................................................................................................................ 1545–0092 

TD 9922: Guidance Related to the Allocation and Apportionment of Deductions and Foreign Taxes, Foreign Tax Redeterminations, Foreign Tax Credit Disallowance Under Section 965(g), Consolidated Groups, Hybrid Arrangements and Certain Payments Under Section 951A .................................................................................................................................................................. 1545–1056 

TD 9936: Guidance on Passive Foreign Investment Companies ........................................................................................................... 1545–0092 

TD 9945: Guidance Under Section 1061 ................................................................................................................................................ 1545–0092 

TD 9959: Guidance Related to the Foreign Tax Credit; Clarification of Foreign-Derived Intangible Income ........................................ 1545–2296 

TD 9998: Increased Amounts of Credit or Deduction for Satisfying Certain Prevailing Wage and Registered Apprenticeship Requirements ............................................................................................................................................................................................ 1545–2315 

[FR Doc. 2024–20407 Filed 9–9–24; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF VETERANS 

AFFAIRS 

[OMB Control No. 2900–0012] 

Agency Information Collection 

Activity: Application for Cash 

Surrender or Policy Loan 

AGENCY: Veterans Benefits 

Administration, Department of Veterans 

Affairs. 

ACTION: Notice. 

SUMMARY: Veterans Benefits 

Administration (VBA), Department of 

Veterans Affairs (VA), is announcing an 

opportunity for public comment on the 

proposed collection of certain 

information by the agency. Under the 

Paperwork Reduction Act (PRA) of 

1995, Federal agencies are required to 

publish notice in the Federal Register 

concerning each proposed collection of 

information, including each proposed 

extension of a currently approved 

collection, and allow 60 days for public 

comment in response to the notice. 

DATES: Comments must be received on 

or before November 12, 2024. 

ADDRESSES: Comments must be 

submitted through www.regulations.gov. 

FOR FURTHER INFORMATION CONTACT: 

Program-Specific information: Nancy 

Kessinger, 202–632–8924, 

nancy.kessinger@va.gov. 

VA PRA information: Maribel Aponte, 

202–461–8900, vacopaperworkreduact@

va.gov. 

SUPPLEMENTARY INFORMATION: Under the 

PRA of 1995, Federal agencies must 

obtain approval from the Office of 

Management and Budget (OMB) for each 

collection of information they conduct 

or sponsor. This request for comment is 

being made pursuant to section 

3506(c)(2)(A) of the PRA. 

With respect to the following 

collection of information, VBA invites 

comments on: (1) whether the proposed 

collection of information is necessary 

for the proper performance of VBA’s 

functions, including whether the 

information will have practical utility; 

(2) the accuracy of VBA’s estimate of the 

burden of the proposed collection of 

information; (3) ways to enhance the 

quality, utility, and clarity of the 

information to be collected; and (4) 

ways to minimize the burden of the 

collection of information on 

respondents, including through the use 

of automated collection techniques or 

the use of other forms of information 

technology. 

Title: Application for Cash Surrender 

or Policy Loan (VA Form 29–1546), 

Application for Cash Surrender (VA 

Form 29–1546e). 

OMB Control Number: 2900–0012. 

https://www.reginfo.gov/public/do/ 

PRASearch (Once at this link, you can 

enter the OMB Control Number to find 

the historical versions of this 

Information Collection). 

Type of Review: Extension of a 

currently approved collection. 

Abstract: The Application for Cash 

Surrender or Policy Loan solicits 

information needed from Veterans to 

apply for cash surrender value or policy 

loan on his/her insurance. The VA Form 

29–1546e has been added to this 

collection. This is an electronic version 

of the 29–1546 but is for cash surrender 

only. This form was created so Veterans 

can apply for a cash surrender of their 

policy online. This will not affect the 

number of respondents but will make it 

easier and reduce the time it takes for 


khammond on DSKJM1Z7X2PROD with NOTICES