Federal Register / Vol. 89, No. 244 / Thursday, December 19, 2024 / Notices 103931 

Estimated Number of Respondents: 

100,000. 

Estimated Time per Respondent: 4 

hrs., 57 min. 

Estimated Total Annual Burden 

Hours: 495,000. 

2. Title: Internal Revenue Service 

Advisory Council Membership 

Application. 

OMB Number: 1545–1791. 

Form Number: 12339. 

Abstract: The Federal Advisory 

Committee Act (FACA) requires that 

committee membership be balanced in 

terms of points of view represented and 

the functions to be performed. As a 

result, members of specific committees 

often have both the expertise and 

professional skills that parallel the 

program responsibilities of their 

sponsoring agencies. Selection of 

committee members is based on the 

FACA’s requirements and the potential 

member’s background and 

qualifications. Therefore, an application 

is needed to ascertain the desired skills 

set for membership. The IRS will also 

use the information to perform Federal 

income tax, background, and 

practitioner checks as required of all 

members and applicants to the 

Committee or Council. Information 

provided will be used to qualify or 

disqualify individuals to serve as 

members. 

Current Actions: Minor changes were 

made to form 12239 that included in 

part 1—there are now 6 check boxes 

instead of 5, and Part V—a check box 

has been added. Changes to the burden 

estimates are due to the most current 

filing data. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Individuals or 

households. 

Estimated Number of Respondents: 

100. 

Estimated Time per Response: 1 hr. 30 

min. 

Estimated Total Annual Burden 

Hours: 150. 

3. Title: Consumer Cooperative 

Exemption Application. 

OMB Number: 1545–1941. 

Form Number: 3491. 

Abstract: A cooperative uses Form 

3491 to apply for exemption from filing 

Form 1099–PATR, Taxable Distributions 

received from Cooperatives. Form 1099– 

PATR is used to report patronage 

distributions of $10 or more to a 

recipient during the calendar year. 

Current Actions: There is no change to 

the paperwork burden previously 

approved by OMB. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Business or other forprofit, individuals or households, and 

farms. 

Estimated Number of Respondents: 

200. 

Estimated Time per Response: 44 min. 

Estimated Total Annual Burden 

Hours: 148 hours. 

4. Title: Employee Retention Credit 

for Employers Affected by Qualified 

Disaster. 

OMB Number: 1545–1978. 

Form Number: Form 5884–A. 

Abstract: Form 5884–A is used to 

figure certain credits for disaster area 

employers. These credits typically 

include employee retention credits for 

eligible employers who conducted an 

active trade or business in certain 

disaster areas. The credit is equal to 40 

percent of qualified wages for each 

eligible employee (up to a maximum of 

$6,000 in qualified wages per 

employee). The estimates in this notice 

are for estates and trusts filing Form 

5884–A. 

Current Actions: There is no change to 

the burden previously approved by 

OMB. However, the estimated number 

of responses was reduced to eliminate 

duplication of burden estimates. The 

estimated burden for individuals filing 

Form 5884–A is approved under OMB 

control number 1545–0074, and the 

estimated burden for businesses filing 

Form 5884–A is approved under OMB 

control number 1545–0123. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Business or other forprofit organizations, and farms. 

Estimated Number of Respondents: 

120. 

Estimated Time per Respondent: 2.55 

hours. 

Estimated Total Annual Burden 

Hours: 306. 

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

Melody Braswell, 

Treasury PRA Clearance Officer. 

[FR Doc. 2024–30254 Filed 12–18–24; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Proposed Collection; Comment 

Request for Forms 1065, 1066, 1120, 

1120–C, 1120–F, 1120–H, 1120–ND, 

1120–S,1120–SF,1120–FSC,1120– 

L,1120–PC,1120–REIT,1120–RIC,1120– 

POL, and Related Attachments 

AGENCY: Departmental Offices, U.S. 

Department of the Treasury. 

ACTION: Notice. 

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 forms used by business entity 

taxpayers. 

DATES: Comments should be received on 

or before January 21, 2025 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 PRA@treasury.gov, calling 

(202) 622–1035, or viewing the entire 

information collection request at 

www.reginfo.gov. 

SUPPLEMENTARY INFORMATION: 

Internal Revenue Service (IRS) 

Title: U.S. Business Income Tax 

Return. 

OMB Number: 1545–0123. 

Form Numbers: Forms 1065, 1066, 

1120, 1120–C, 1120–F, 1120–H, 1120– 

ND, 1120–S, 1120–SF, 1120–FSC, 1120– 

L, 1120–PC, 1120–REIT, 1120–RIC, 

1120–POL and all attachments to these 

forms. 

Abstract: These forms are used by 

businesses to report their income tax 

liability. 

Current Actions: There have been 

changes in regulatory guidance related 

to various forms approved under this 

approval package during the past year. 

There have been additions and removals 

of forms included in this approval 

package This approval package is being 

submitted for renewal purposes. 

Type of Review: Revision of a 

currently approved collection. 

Affected Public: Corporations, 

Partnerships and Pass-Through Entities. 

Estimated Number of Respondents: 

13,900,000. 

Estimated Time per Respondent 

(Hours): 67 hours, 25 minutes. 

Estimated Total Annual Time (Hours): 

935,100,000. 

Estimated Total Annual Monetized 

Time ($): 56,152,000,000. 

Estimated Total Out-of-Pocket Costs 

($): 71,617,000,000. 


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103932 Federal Register / Vol. 89, No. 244 / Thursday, December 19, 2024 / Notices 

Estimated Total Monetized Burden 

($): 127,769,000,000. 

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

Time. 

Tax 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 suboptimal choices related to tax 

deductions or credits, or psychological 

costs. 

TABLE 1—FISCAL YEAR 2025 TAXPAYER BURDEN FOR ENTITIES TAXED AS PARTNERSHIPS

Primary form filed or type of taxpayer 

Total number 

of returns 

(in millions) 

Average time 

(hrs.) 

Average 

out-of-pocket 

cost 

Average 

monetized 

burden 

All Partnerships ................................................................................................ 5.4 60 $5,000 $8,500 

Small ................................................................................................................ 5.0 50 3,100 5,100 

Large * .............................................................................................................. 0.4 190 28,200 50,000 

Forms 1065, 1066, and all attachments. 

TABLE 2—FISCAL YEAR 2025 TAXPAYER BURDEN FOR ENTITIES TAXED AS TAXABLE CORPORATIONS

Primary form filed or type of taxpayer 

Total number 

of returns 

(in millions) 

Average time 

(hrs.) 

Average 

out-of-pocket 

cost 

Average 

monetized 

burden 

All Taxable Corporations ................................................................................. 2.3 100 $7,400 $15,400

Small ................................................................................................................ 2.1 50 3,500 6,000 

Large * .............................................................................................................. 0.2 690 59,200 139,600 

Forms 1120, 1120–C, 1120–F, 1120–H, 1120–ND, 1120–SF, 1120–FSC, 1120–L, 1120–PC, 1120–POL, and all attachments. 

TABLE 3—FISCAL YEAR 2025 TAXPAYER BURDEN FOR ENTITIES TAXED AS PASS-THROUGH CORPORATIONS

Primary form filed or type of taxpayer 

Total number 

of returns 

(in millions) 

Average time 

(hrs.) 

Average 

out-of-pocket 

cost 

Average 

monetized 

burden 

All Pass-through Corporations ......................................................................... 6.2 60 $4,500 $8,500 

Small ................................................................................................................ 6.1 60 3,900 5,100 

Large * .............................................................................................................. 0.1 300 40,600 50,000 

Forms 1120–REIT, 1120–RIC, 1120–S, and all attachments. 

Source: IRS:RAAS:KDA:BRDN (12–1–24). 

* A large business is defined as one having end-of-year assets greater than $10 million. Total filer counts may not equal the burden total estimates table due to rounding. 

Tables 1A–3A show the average 

burden estimate for business entities by 

total positive income. Total positive 

income is defined as the sum of all 

positive income amounts reported on 

the return. 

TABLE 1A—FISCAL YEAR 2025 TAXPAYER BURDEN FOR TAXABLE CORPORATIONS ON FORM 1120 

Total positive income Average time 

(hrs.) 

Average 

out-of-pocket 

costs 

Average 

monetized 

burden 

1. <100k ....................................................................................................................................... 33 $1,412 $1,931 

2. 100k to 1mil ............................................................................................................................. 49 4,559 6,604 

3. 1mil to 10mil ............................................................................................................................ 93 13,893 23,988 

4. 10mil to 100mil ........................................................................................................................ 390 54,933 100,276 

5. >100mil .................................................................................................................................... 3,325 290,812 677,311 

TABLE 2A—FISCAL YEAR 2025 TAXPAYER BURDEN FOR PASS-THROUGH CORPORATIONS ON FORM 1120S 

Total positive income Average time 

(hrs.) 

Average 

out-of-pocket 

costs 

Average 

monetized 

burden 

1. <100k ....................................................................................................................................... 47 $1,686 $2,381 

2. 100k to 1mil ............................................................................................................................. 52 4,014 5,934 

3. 1mil to 10mil ............................................................................................................................ 72 10,223 17,779 

4. 10mil to 100mil ........................................................................................................................ 276 40,402 72,483 


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Federal Register / Vol. 89, No. 244 / Thursday, December 19, 2024 / Notices 103933 

TABLE 2A—FISCAL YEAR 2025 TAXPAYER BURDEN FOR PASS-THROUGH CORPORATIONS ON FORM 1120S—Continued 

Total positive income Average time 

(hrs.) 

Average 

out-of-pocket 

costs 

Average 

monetized 

burden 

5. >100mil .................................................................................................................................... 1,199 167,915 307,245 

TABLE 3A—FISCAL YEAR 2025 TAXPAYER BURDEN FOR PARTNERSHIPS ON FORM 1065 

Total positive income Average time 

(hrs.) 

Average 

out-of-pocket 

costs 

Average 

monetized 

burden 

1. <100k ....................................................................................................................................... 39 $1,663 $2,453 

2. 100k to 1mil ............................................................................................................................. 49 4,743 7,319 

3. 1mil to 10mil ............................................................................................................................ 86 13,803 23,334 

4. 10mil to 100mil ........................................................................................................................ 319 51,636 88,752 

5. >100mil .................................................................................................................................... 1,494 223,989 397,651 

Source: IRS: RAAS:KDA:BRDN (12–1–24). 

Detail may not add to total due to rounding. 

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

Melody Braswell, 

Treasury PRA Clearance Officer. 

[FR Doc. 2024–30075 Filed 12–18–24; 8:45 am] 

BILLING CODE 4810–25–P 

DEPARTMENT OF THE TREASURY 

Revision of Information Collection 

Request Submitted for Public 

Comment; Comment Request on 

Burden Related to U.S. Income Tax 

Return Forms for Individual Taxpayers 

AGENCY: Departmental Offices, U.S. 

Department of the Treasury. 

ACTION: Notice. 

SUMMARY: The Internal Revenue Service, 

as part of its continuing effort to reduce 

paperwork and respondent burden, 

invites the 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. Currently, the IRS is 

soliciting comments concerning the 

burden associated with the U.S. Income 

Tax Return Forms for Individual 

Taxpayers. 

DATES: Comments should be received on 

or before January 21, 2025 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 PRA@treasury.gov, calling 

(202) 622–1035, or viewing the entire 

information collection request at 

www.reginfo.gov. 

SUPPLEMENTARY INFORMATION: 

Internal Revenue Service (IRS) 

Title: U.S. Income Tax Return for 

Individual Taxpayers. 

OMB Number: 1545–0074. 

Form Numbers: Form 1040 and 

affiliated return forms. 

Abstract: IRC sections 6011 & 6012 of 

the Internal Revenue Code require 

individuals to prepare and file income 

tax returns annually. These forms and 

related schedules are used by 

individuals to report their income 

subject to tax and compute their correct 

tax liability. This information collection 

request (ICR) covers the actual reporting 

burden associated with preparing and 

submitting the prescribed return forms, 

by individuals required to file Form 

1040 and any of its affiliated forms as 

explained in the attached table. 

Current Actions: There have also been 

changes in regulatory guidance related 

to various forms approved under this 

approval package during the past year. 

There have been additions and removals 

of forms included in this approval 

package. In filing season 2025, the 

Internal Revenue Service (IRS) will 

continue to employ its free direct e-file 

tax return system (Direct File) as an 

optional service available to taxpayers 

with supported tax situations. 

Type of Review: Revision of a 

currently approved collection. 

Affected Public: Individuals or 

Households, Farms. 

Estimated Number of Respondents: 

168,800,000. 

Estimated Time per Respondent 

(Hours): 12 hrs. 37 mins. 

Estimated Total Annual Time (Hours): 

2,129,000,000. 

Estimated Total Annual Monetized 

Time ($): 44,997,000,000. 

Estimated Out-of-Pockets Costs ($): 

48,683,000,000. 

Estimated Total Monetized Burden 

($): 93,680,000,000. 

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

Time. 

Tax 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 suboptimal choices related to tax 

deductions or credits, or psychological 

costs. 


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