[Federal Register Volume 82, Number 210 (Wednesday, November 1, 2017)]
[Notices]
[Pages 50731-50732]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-23715]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 5305A-SEP

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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SUMMARY: The Internal Revenue Service (IRS), 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

[[Page 50732]]

IRS is soliciting comments concerning Form 5305A-SEP, Salary Reduction 
Simplified Employee Pension--Individual Retirement Accounts 
Contribution Agreement.

DATES: Written comments should be received on or before January 2, 2018 
to be assured of consideration.

ADDRESSES: Direct all written comments to L. Brimmer, Internal Revenue 
Service, Room 6526, 1111 Constitution Avenue NW., Washington, DC 20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the form and instructions should be directed to Martha R. 
Brinson, at (202) 317-5753 or at Internal Revenue Service, Room 6526, 
1111 Constitution Avenue NW., Washington, DC 20224, or through the 
Internet at <a href="/cdn-cgi/l/email-protection#2a674b585e424b047804685843445945446a435859044d455c"><span class="__cf_email__" data-cfemail="82cfe3f0f6eae3acd0acc0f0ebecf1edecc2ebf0f1ace5edf4">[email protected]</span></a>.

SUPPLEMENTARY INFORMATION: 
    Title: Salary Reduction Simplified Employee Pension--Individual 
Retirement Accounts Contribution Agreement.
    OMB Number: 1545-1012.
    Form Number: 5305A-SEP.
    Abstract: Form 5305A-SEP is used by an employer to make an 
agreement to provide benefits to all employees under a Simplified 
Employee Pension (SEP) described in Internal Revenue Code section 
408(k). This form is not to be filed with the IRS, but is to be 
retained in the employer's records as proof of establishing a SEP and 
justifying a deduction for contributions made to the SEP.
    Current Actions: There are no changes being made to the form at 
this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations and 
individuals.
    Estimated Number of Responses: 100,000.
    Estimated Time per Respondent: 9 hr., 43 min.
    Estimated Total Annual Burden Hours: 972,000.
    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: October 25, 2017.
L. Brimmer,
Senior Tax Analyst.
[FR Doc. 2017-23715 Filed 10-31-17; 8:45 am]
BILLING CODE 4830-01-P


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