Federal Register / Vol. 87, No. 75 / Tuesday, April 19, 2022 / Notices23321      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: April 14, 2022. Kerry L. Dennis, Tax Analyst. [FR Doc. 2022–08315 Filed 4–18–22; 8:45 am] BILLING CODE 4830–01–P  DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Requesting Comments on Form 8586 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 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 8586, Low-Income Housing Credit. DATES: Written comments should bereceived on or before June 21, 2022 tobe assured of consideration. ADDRESSES: Direct all written commentsto Andres Garcia, Internal RevenueService, Room 6526, 1111 ConstitutionAvenue NW, Washington, DC 20224, orby email to omb.unit@irs.gov. Include1545–0984 or Low-Income HousingCredit in the subject line of the message. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of this collection should be directed to LaNita Van Dyke, at 202– 317–6009, at Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, or through the internet at Lanita.VanDyke@irs.gov.  SUPPLEMENTARY INFORMATION: Title:Low-Income Housing Credit. OMB Number: 1545–0984. Form Number: 8586. Abstract: Internal Revenue Code section 42 permits owners of residential rental projects providing low-income housing to claim a tax credit for part of the cost of constructing or rehabilitating such low-income housing. Form 8586 is used by taxpayers to compute the credit and by the IRS to verify that the correct credit has been claimed. Current Actions: There is no change to the burden previously approved. Type of Review: Extension of a currently approved collection. Affected Public: Individuals or households, and businesses, or other for-profit organizations. Estimated Number of Respondents:779. Estimated Time per Respondent: 8 hrs., 48 min. Estimated Total Annual Burden Hours: 6,855. 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: April 14, 2022. Andres Garcia Leon, Supervisory Tax Analyst. [FR Doc. 2022–08325 Filed 4–18–22; 8:45 am] BILLING CODE 4830–01–P  DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Requesting Comments on Form 5304–SIMPLE, Form 5305–SIMPLE, and Notice 98–4 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. Currently, the IRS is soliciting comments concerning Form 5304– SIMPLE, Savings Incentive Match Plan for Employees of Small Employers (SIMPLE)—Not for Use With a Designated Financial Institution; Form 5305–SIMPLE, Savings Incentive Match Plan for Employees of Small Employers (SIMPLE)—for Use With a Designated Financial Institution; Notice 98–4, Simple IRA Plan Guidance.  DATES: Written comments should bereceived on or before June 21, 2022 tobe assured of consideration. ADDRESSES: Direct all written commentsto Andres Garcia, Internal RevenueService, Room 6526, 1111 ConstitutionAvenue NW, Washington, DC 20224, orby email to omb.unit@irs.gov. Include1545–1502 Form 5304–SIMPLE; Form5305–SIMPLE; Notice 98–4,in thesubject line of the message. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of this collection should be directed to LaNita Van Dyke, 202–317– 6009, at Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, or through the internet at Lanita.VanDyke@irs.gov. SUPPLEMENTARY INFORMATION: Title: Form 5304–SIMPLE, Savings Incentive Match Plan for Employees of Small Employers (SIMPLE)—Not for Use With a Designated Financial Institution, Form 5305–SIMPLE; Savings Incentive Match Plan for Employees of Small Employers (SIMPLE)—for Use With a Designated Financial Institution; SIMPLE IRA Plan Guidance (Notice 98–4). 23322Federal Register / Vol. 87, No. 75 / Tuesday, April 19, 2022 / Notices    OMB Number: 1545–1502. Form Number: Form 5304–SIMPLE, Form 5305–SIMPLE, and Notice 98–4. Abstract: Form 5304–SIMPLE is a model SIMPLE IRA agreement that was created to be used by an employer to permit employees who are not using a designated financial institution to make salary reduction contributions to a SIMPLE IRA described in Internal Revenue Code section 408(p). Form 5305–SIMPLE is also a model SIMPLE IRA agreement, but it is for use with a designated financial institution. Notice 98–4 provides guidance for employers and trustees regarding how they can comply with the requirements of Code section 408(p) in establishing and maintaining a SIMPLE IRA, including information regarding the notification and reporting requirements under Code section 408. Current Actions: There are no changes to the forms at this time. Type of Review: Extension of a currently approved collection. Affected Public: Business or other for-profit organizations not-for-profit institutions, and individuals. Estimated Number of Respondents: 600,000. Estimated Time per Respondent: 3 hours, 31 minutes. Estimated Total Annual Burden Hours: 2,113,000. 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: April 14, 2022. Andres Garcia Leon, Supervisory Tax Analyst. [FR Doc. 2022–08327 Filed 4–18–22; 8:45 am] BILLING CODE 4830–01–P  DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 7004 AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments.  SUMMARY: The Department of the Treasury, 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 7004, Application for Automatic Extension of Time To File Certain Business Income Tax, Information, and Other Returns. DATES: Written comments should be received on or before June 21, 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. Include 1545–0233 or Application for Automatic Extension of Time To File Certain Business Income Tax, Information, and Other Returns in the subject line of the message. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of this collection should be directed to LaNita Van Dyke, at 202– 317–6009, at Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, or through the internet at Lanita.VanDyke@irs.gov. SUPPLEMENTARY INFORMATION:Title: Application for AutomaticExtension of Time To File CertainBusiness Income Tax, Information, andOther Returns.OMB Number: 1545–0233.Form Number: 7004.Abstract: Form 7004 is used by corporations and certain nonprofit institutions to request an automatic extension of time to file their income tax  returns. The information is needed by IRS to determine whether Form 7004 was timely filed so as not to impose a late filing penalty in error and also to ensure that the proper amount of tax was computed and deposited. Current Actions: There are no changes being made to this form at this time. Type of Review: Extension of a currently approved collection. Affected Public: Businesses or other for-profit organizations and non-profit institutions. Estimated Number of Respondents: 1,818,037. Estimated Time Per Respondent: 6 hr., 46 min. Estimated Total Annual Burden Hours: 12,326,291. 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: April 14, 2022. Andres Garcia Leon, Supervisory Tax Analyst.[FR Doc. 2022–08324 Filed 4–18–22; 8:45 am] BILLING CODE 4830–01–P

IRS Seeks Comments on SIMPLE IRA Employee Plan Forms, Guidance

IRS Seeks Comments on SIMPLE IRA Employee Plan Forms, Guidance

Internal Revenue Service

The IRS is requesting comment on Notice 98-4, which provides guidance on the Savings Incentive Match Plan for Employees of Small Employers (SIMPLE), and forms 5304-SIMPLE and 5305-SIMPLE. Comments are due by June 21.

The IRS is requesting comment on Notice 98-4, which provides guidance on the Savings Incentive Match Plan for Employees of Small Employers (SIMPLE), and forms 5304-SIMPLE and 5305-SIMPLE. Comments are due by June 21.

The IRS is requesting comment on <a href="/lr/resolve//1ftgm">Notice 98-4</a>, which provides guidance on the Savings Incentive Match Plan for Employees of Small Employers (SIMPLE), and forms 5304-SIMPLE and 5305-SIMPLE. Comments are due by June 21.