Federal Register / Vol. 90, No. 15 / Friday, January 24, 2025 / Notices 8169 

Include OMB control number 1545– 

2095 or TD 9467 and Notice 2020–60, in 

the subject line of the message. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of the regulations should be 

directed to Kerry Dennis at (202) 317– 

5751, or at Internal Revenue Service, 

Room 6526, 1111 Constitution Avenue 

NW, Washington, DC 20224, or through 

the internet, at Kerry.L.Dennis@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Special Rules for SingleEmployer Defined Benefit Pension Plans 

(TD 9467) and Election of Alternative 

Minimum Funding Standards for 

Community Newspaper Plans (Notice 

2020–60). 

OMB Number: 1545–2095. 

Regulation and Notice Number: REG– 

139236–07 (TD 9467) and Notice 2020– 

60. 

Abstract: REG–139236–07 (TD 9467): 

The information required under section 

1.430(f)–1(f) is required in order for plan 

sponsors to make elections regarding a 

plan’s credit balances upon occasion. 

The information required under section 

1.430(h)(2)–1(e) is required in order for 

a plan sponsor to make an election to 

use an alternative interest rate for 

purposes of determining a plan’s 

funding obligations under section 

1.430(h)(2)–1. The information required 

under sections 1.436–1(f) and 1.436– 

1(h) is required in order for a qualified 

defined benefit plan’s enrolled actuary 

to provide a timely certification of the 

plan’s adjusted funding target 

attainment percentage (AFTAP) for each 

plan year to avoid certain benefit 

restrictions. 

Notice 2020–60 (Election of 

Alternative Minimum Funding 

Standards for Community Newspaper 

Plans): Section 115(a) of the Setting 

Every Community Up for Retirement 

Enhancement Act of 2019 (SECURE 

Act), Division O of the Further 

Consolidated Appropriations Act, 2020, 

Pub. L. 116–94, under section 430(m) to 

the Code permit the plan sponsor of a 

community newspaper plan under 

which no participant has had an 

increase in accrued benefit after 

December 31, 2017 to elect to have 

alternative minimum funding standards 

apply to the plan in lieu of the 

minimum funding requirements that 

would otherwise apply under section 

430. Pursuant to section 430(m)(2), any 

election under section 430(m) will be 

made at such time and in such manner 

as prescribed by the Secretary, and once 

an election is made with respect to a 

plan year, it will apply to all subsequent 

plan years unless revoked with the 

consent of the Secretary. Notice 2020– 

60 provides guidance regarding this 

election. 

Current Actions: There are changes to 

the collection and paperwork burden 

previously approved by OMB. The 

election under Internal Revenue Code 

section 3608(b) of the CARES Act 

(Notice 2020–61) is no longer relevant. 

It is an election to treat a DB plan’s 

adjusted funding target attainment 

percentage (AFTAP) for the last plan 

year ending before January 1, 2020 as 

the AFTAP for plan years that include 

calendar year 2020. The election under 

Notice 2021–48 was for extended 

amortization bases to apply the 

extended amortization period for 

shortfall amortization bases for plan 

years beginning after December 31, 

2018, December 31, 2019, or December 

31, 2020. This extended period now 

applies for all DB plans. The election 

was available on a temporary basis and 

is no longer available. The agency has 

changed the estimated number of 

respondents from 20 to 2 as it is 

expected that any community 

newspaper plan sponsor that wanted to 

make this election have made it already, 

and the plan sponsors that are eligible 

for this election would be very small. 

REG–139236–07 (TD 9467), remains the 

same with the same estimates as 

previously approved by OMB. 

Type of Review: Revision of a 

currently approved collection. 

Affected Public: Individuals or 

households, and businesses or other forprofit organizations, not-for-profit, 

institutions, farms, and Federal, State, 

local or Tribal governments. 

TD 9467 

Estimated Number of Respondents: 

80,000. 

Estimated Time per Respondent: 1.5 

hrs. 

Estimated Total Annual Burden 

Hours: 120,000. 

Notice 2020–60 

Estimated Number of Respondents: 2. 

Estimated Time per Respondent: 4 hr. 

Estimated Total Annual Burden 

Hours: 80. 

The following paragraph applies to all 

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 if 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: January 17, 2025. 

Kerry L. Dennis, 

Tax Analyst. 

[FR Doc. 2025–01659 Filed 1–23–25; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Agency Collection Activities; 

Requesting Comments on Form W– 

8CE 

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. The IRS is soliciting 

comments concerning Form W–8CE, 

Notice of Expatriation and Waiver of 

Treaty Benefits. 

DATES: Written comments should be 

received on or before March 25, 2025 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 pra.comments@irs.gov. 

Include OMB Control No. 1545–2138 in 

the subject line of the message. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 


khammond on DSK9W7S144PROD with NOTICES
8170 Federal Register / Vol. 90, No. 15 / Friday, January 24, 2025 / Notices 

copies of this collection should be 

directed to Jon Callahan, (737) 800– 

7639, at Internal Revenue Service, Room 

6526, 1111 Constitution Avenue NW, 

Washington, DC 20224, or through the 

internet at jon.r.callahan@irs.gov. 

SUPPLEMENTARY INFORMATION: The IRS is 

currently seeking comments concerning 

the following information collection 

tools, reporting, and record-keeping 

requirements: 

Title: Notice of Expatriation and 

Waiver of Treaty Benefits. 

OMB Number: 1545–2138. 

Form Number: Form W–8CE. 

Abstract: Information used by 

taxpayers to notify payer of expatriation 

so that payer applies proper tax 

treatments. The taxpayer is required to 

provide this form to the payer to obtain 

any benefit accorded by the status. 

Current Actions: There is no change to 

the existing collection. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Individuals and 

households. 

Estimated Number of Responses: 500. 

Estimated Time per Respondent: 5 

hours, 41 minutes. 

Estimated Total Annual Burden 

Hours: 2,840. 

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: January 21, 2025. 

Jon R. Callahan, 

Senior Tax Analyst. 

[FR Doc. 2025–01673 Filed 1–23–25; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Proposed Collection; Comment 

Request for U.S. Employment Tax 

Returns and Related Forms; CT–1, CT– 

1X, CT–2, SS–8, SS–8 (PR), W–2, W–2 

AS, W–2 C, W–2 GU, W–2 VI, W–3, W– 

3 (PR), W–3 C, W–3 C (PR), W–3 SS, 

940, 940 (PR), 940 SCH A, 940 SCH A 

(PR), 940 SCH R, 941, 941 (PR), 941 

SCH B, 941 SCH B (PR), 941 SCH D, 

941 SCH R, 941 SS, 941 X, 941 X (PR), 

943, 943 (PR), 943 A, 943 A (PR), 943 

SCH R, 943 X, 943 X (PR), 944, 944 X, 

945, 945 A, 945 X, 2032, 2678, 8027, 

8027 T, 8453 EMP, 8850, 8879 EMP, 

8922, 8952, and 8974 

AGENCY: Departmental Offices, U.S. 

Department of the 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 U.S. Employment Tax Returns and 

related Forms. 

DATES: Written comments should be 

received on or before February 24, 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: 

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. 

Proposed PRA Submission to OMB 

Title: U.S. Employment Tax Returns 

and related Forms. 

OMB Number: 1545–0029. 

Form Numbers: CT–1, CT–1X, CT–2, 

SS–8, SS–8 (PR), W–2, W–2 AS, W–2 C, 

W–2 GU, W–2 VI, W–3, W–3 (PR), W– 

3 C, W–3 C (PR), W–3 SS, 940, 940 (PR), 

940 SCH A, 940 SCH A (PR), 940 SCH 

R, 941, 941 (PR), 941 SCH B, 941 SCH 

B (PR), 941 SCH D, 941 SCH R, 941 SS, 

941 X, 941 X (PR), 943, 943 (PR), 943 

A, 943 A (PR), 943 SCH R, 943 X, 943 

X (PR), 944, 944 X, 945, 945 A, 945 X, 

2032, 2678, 8027, 8027 T, 8453 EMP, 

8850, 8879 EMP, 8922, 8952, and 8974. 

Abstract: These forms are used by 

employers to report their employment 

tax-related activity. The data is used to 

verify that the items reported on the 

forms are correct. 

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 currently 

approved collection. 

Affected Public: Employers. 

Estimated Number of Respondents: 

7,408,820. 

Estimated Time per Respondent 

(Hours): 63 hours, 26 minutes. 

Estimated Total Annual Time (Hours): 

470,000,000. 

Estimated Total Annual Monetized 

Time ($): 15,420,000,000. 

Estimated Total Out-of-Pocket Costs 

($): 19,870,000,000. 

Estimated Total Monetized Burden 

($): 35,290,000,000. 

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

Time 


khammond on DSK9W7S144PROD with NOTICES