Notices. Notice of information collection; request for comments
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/register/2025/06/17/2025-11083A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
BILLING CODE P DEPARTMENT OF THE TREASURY Internal Revenue Service Agency Information Collection Activities; Comment Request on Return of Excise Tax on Undistributed Income of Real Estate Investment Trusts AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice of information collection; request for comments. SUMMARY: In accordance with the Paperwork Reduction Act of 1995, the IRS is inviting comments on the information collection request outlined in this notice. DATES:
Written comments should be received on or before August 18, 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. 1545-1013” in the subject line of the message. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copy of the form 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: The IRS, in accordance with the Paperwork Reduction Act of 1995
(PRA)(44 U.S.C. 3506(c)(2)(A)), provides the general public and Federal agencies with an opportunity to comment on proposed, revised, and continuing collections of information. This helps the IRS assess the impact and minimize the burden of its information collection requirements. 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. *Title:* Return of Excise Tax on Undistributed Income of Real Estate Investment Trusts. *OMB Control Number:* 1545-1013. *Form Number:* 8612. *Abstract:* Form 8612 is used by real estate investment trusts to compute and pay the excise tax on undistributed income imposed under section 4981 of the Internal Revenue Code. The IRS uses the information to verify that the correct amount of tax has been reported. *Current Actions:* Revisions to the form were made to comply with Executive Order 14247, that requires every payment from the IRS to be eligible for direct deposit. The revision to the form is not substantively changing the use of the form or the data being collected. *Type of Review:* Revision of a currently approved collection. *Affected Public:* Business or other for-profit organizations. *Estimated Number of Responses:* 20. *Estimated Time per Response:* 9 hours, 48 minutes. *Estimated Total Annual Burden Hours:* 196. Dated: June 12, 2025. Kerry L. Dennis, Tax Analyst. [FR Doc. 2025-11083 Filed 6-16-25; 8:45 am]
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