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Federal forms, ICRs, and supporting documents

Information Collection Request

Estimated Income Tax for Estates and Trusts (Form-1041-ES) and Estimated Tax Vouchers 1041ES (OCR)

ICR 202006-1545-018 · OMB 1545-0971 · Active

Forms and Documents
DocumentTypeStatusAvailability
Form 1041-ES and Paymen Estimated Income Tax for Estate and Trusts (1041-ES) (OCR) Form and Instruction New Available
Form 1041-ES Estimated Income Tax for Estates and Trusts (1041-ES) Form and Instruction Modified Available
2020 Supporting Statement 1545-0971.docx Supporting Statement A Uploaded 2020-10-29 Repair queued
IC Document Collections
IC IDCollectionTypeStatusForm
242470 Estimated Income Tax for Estate and Trusts (1041-ES) (OCR) Form and Instruction New
17601 Estimated Income Tax for Estates and Trusts (1041-ES) Form and Instruction Modified
ICR Details
1545-0971 202006-1545-018
Active 201705-1545-003
TREAS/IRS
Estimated Income Tax for Estates and Trusts (Form-1041-ES) and Estimated Tax Vouchers 1041ES (OCR)
Extension without change of a currently approved collection   No
Regular
Approved without change 12/08/2020
Retrieve Notice of Action (NOA) 10/30/2020
  Inventory as of this Action Requested Previously Approved
12/31/2023 36 Months From Approved 12/31/2020
582,902 0 2,400,110
1,917,748 0 3,161,236
0 0 0
Internal Revenue Code section 6654(1) imposes a penalty on trusts, and in certain circumstances, a decedent's estate, for underpayment of estimated tax. Form 1041-ES is used by the fiduciary to make the estimated tax payments. For first-time filers, the form is available in an Over The Counter (OTC) version at IRS offices. For previous filers, the form is sent to them by the IRS with preprinted vouchers in the Optical Character Resolution (OCR) version.
US Code: 26 USC 6654 Name of Law: Failure by individual to pay estimated income tax
  
None
Not associated with rulemaking
  85 FR 42489 07/14/2020
85 FR 86415 10/28/2020
No
  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 582,902 2,400,110 0 0 -1,817,208 0
Annual Time Burden (Hours) 1,917,748 3,161,236 0 0 -1,243,488 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
Changes in the burden estimates previously approved by OMB, are due to the reduction in filers based on the most recent filing data, from 2,400,110 to 582,902 responses and reduction in burden hours from 3,161,236 to 1,917,748. With an overall reduction in responses of (1,817,208) and reduction in burden hours of (1,243,488) .
$294,536
No
    Yes
    Yes
No
No
No
No
Trene Cheek 240 613-5701 [email protected]
  No
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
10/30/2020