14618 Federal Register / Vol. 87, No. 50 / Tuesday, March 15, 2022 / Notices 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Form 1041 

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 information 

collections, as required by the 

Paperwork Reduction Act of 1995. The 

IRS is soliciting comments concerning 

Form 1041, U.S. Income Tax Return for 

Estates and Trusts, and related 

Schedules D, I, J, K–1, Form 1041–V, 

and Frequently Asked Questions (FAQs) 

relating to the elections of deferred 

foreign income. 

DATES: Written comments should be 

received on or before May 16, 2022 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 to omb.unit@irs.gov. Please 

include the ‘‘OMB Number 1545–0092’’ 

in the Subject line. Written and 

electronic comments concerning 

Proposed § 1.958–1(e)(2) and Proposed 

§ 1.964–1(c)(3) can be addressed to the 

information contact under 87 FR 3890. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of the form and instructions 

should be directed to Sara Covington at 

Internal Revenue Service, Room 6526, 

1111 Constitution Avenue NW, 

Washington, DC 20224, or at (202) 317– 

4542 or through the internet, at 

Sara.L.Covington@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: U.S. Income Tax Return for 

Estates and Trusts. 

OMB Number: 1545–0092. 

Form Number: Form 1041. 

Abstract: IRC section 6012 requires 

that an annual income tax return be 

filed for estates and trusts. The data is 

used by the IRS to determine that the 

estates, trusts, and beneficiaries filed the 

proper returns and paid the correct tax. 

Public Law 115–97, section 14103 has a 

retroactive effective date of 2017. In 

order for taxpayers to fulfill their filing 

obligations and report the correct 

amount of tax under Section 14103, the 

IRS developed FAQs to alert taxpayers 

how and where to report this income on 

their tax return. A critical part of this 

effort includes alerting taxpayers of 

their filing obligations and educating 

them on how and where this would be 

reported. The data will be utilized by 

the IRS to ensure that the correct 

amount of tax is paid. In general, the 

collections of information in proposed 

§ 1.958–1(e) and proposed § 1.964– 

1(c)(3) impose a burden on certain 

domestic trusts and estates to attach 

statements to their tax returns, or notify 

certain prescribed persons, of elections 

permitted by those regulations’ sections. 

Current Actions: There were changes 

and updates made to the form since last 

renewal. 

Type of Review: Revision of a 

currently approved collection. 

Affected Public: Business or other forprofit organizations and individuals. 

Estimated Number of Respondents: 

10,067,925. 

Estimated Time per Respondent: 32 

hours, 38 minutes. 

Estimated Total Annual Burden 

Hours: 331,507,546. 

The following paragraph applies to all 

of the collections of information covered 

by this notice: 

An agency may not conduct or 

sponsor, and a person is not required to 

respond to, a collection of information 

unless the collection of information 

displays a valid OMB control number. 

Books or records relating to a collection 

of information must be retained as long 

as their contents may become material 

in the administration of any internal 

revenue law. Generally, tax returns and 

tax return information are confidential, 

as required by 26 U.S.C. 6103. 

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 shall 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: March 8, 2022. 

Sara L. Covington, 

IRS Tax Analyst. 

[FR Doc. 2022–05404 Filed 3–14–22; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF VETERANS 

AFFAIRS 

Special Medical Advisory Group, 

Notice of Meeting 

The Department of Veterans Affairs 

(VA) gives notice under the Federal 

Advisory Committee Act, 5 U.S.C. app. 

2, that the Special Medical Advisory 

Group (the Committee) will meet on 

April 6, 2022, from 9:00 a.m. EDT to 

3:30 p.m. EDT. The meeting is open to 

the public. The public will only be able 

to attend virtually. Members of the 

Committee may join in person or 

virtually. Join by phone: 1–404–397– 

1596, Access code 27620910241. Join 

via Webex (please contact POC below 

for assistance connecting): https://

veteransaffairs.webex.com/veterans

affairs/j.php?MTID=m8189db2dec

142f2b5ac52cfcf9f302f8. 

The purpose of the Committee is to 

advise the Secretary of Veterans Affairs 

and the Under Secretary for Health on 

the care and treatment of Veterans, and 

other matters pertinent to the Veterans 

Health Administration. 

On April 6, 2022, the agenda for the 

meeting will include discussions on 

Center for Care and Payment 

Innovation, H.R. National Green Alert 

Act of 2021, reinventing training and 

research at VA facilities, and VA’s 

quality of care priorities, national 

leadership role and the post-pandemic 

way ahead. 

Members of the public may submit 

written statements for review by the 

Committee to: Department of Veterans 

Affairs, Special Medical Advisory 

Group—Office of Under Secretary for 

Health (10), Veterans Health 

Administration, 810 Vermont Avenue 

NW, Washington, DC 20420 or by email 

at VASMAGDFO@va.gov. Comments 

will be accepted until close of business 

on Monday, April 4, 2022. 

Any member of the public wishing to 

attend the meeting or seeking additional 

information should email 

VASMAGDFO@va.gov or call 202–461– 

7000. 

Dated: March 10, 2022. 

LaTonya L. Small, 

Federal Advisory Committee Management 

Officer. 

[FR Doc. 2022–05461 Filed 3–14–22; 8:45 am] 

BILLING CODE 8320–01–P 


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