Form 1041-A - U.S. Information Return-Trust Accumulation of Charitable Amounts
Extension without change of a currently approved collection
No
Regular
04/29/2021
Requested
Previously Approved
36 Months From Approved
04/30/2021
6,700
119,936
245,622
4,396,854
0
0
Form 1041-A is used to report the information required in 26 USC 6034 concerning accumulation and distribution of charitable amounts. The data is used to verify that amounts for which a charitable deduction was allowed are used for charitable purposes.
US Code:
26 USC 6103
Name of Law: Confidentiality and disclosure of returns and return information
US Code:
26 USC 6034
Name of Law: Returns by trusts described in section 4947(a)(2) or claiming charitable deductions under section 64
US Code:
26 USC 4947(a)(2)
Name of Law: Split-interest trusts
US Code:
26 USC 642(c)
Name of Law: Deduction for amounts paid or permanently set aside for a charitable purpose
US Code:
26 USC 6104(b)
Name of Law: Inspection of annual returns
The change in burden previously approved by OMB, resulted from an adjustment to estimates made by the Department in the decreased number of responses based on its most recent data on Form 1041-A filings, from 119,936, to 6,700. The total annual burden hours decreased from 4,396,854 to 245,622.
$11,622
No
Yes
No
No
No
No
No
Trene Cheek 202 283-2225
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.