Proposed Collection; Comment Request for Form 8994

<NOTICE> DEPARTMENT OF THE TREASURY <SUBAGY>Internal Revenue Service</SUBAGY> <SUBJECT>Proposed Collection; Comment Request for Form 8994</SUBJECT> <HD SOURCE="HED">AGENCY:</HD> Internal Revenue Service (IRS), Treasury. <HD SOURCE="HED">ACTION:</HD> Notice and request for comments. <SUM> <HD SOURCE="HED">SUMMARY:</HD> 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 IRS is oliciting comments concerning, Employer Credit for Paid Family and Medical Leave. </SUM> <DATES> <HD SOURCE="HED">DATES:</HD> Written comments should be received on or before December 2, 2024 to be assured of consideration. </DATES> <HD SOURCE="HED">ADDRESSES:</HD> Direct all written comments to Andres Garcia, Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, or by email to <E T="03">pra.comments@irs.gov.</E> Include “OMB Number 1545-2282—Employer Credit for Paid Family and Medical Leave” in the subject line of the message. <FURINF> <HD SOURCE="HED">FOR FURTHER INFORMATION CONTACT:</HD> Requests for additional information or copies of this collection 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 <E T="03">Martha.R.Brinson@irs.gov.</E> </FURINF> <SUPLINF> <HD SOURCE="HED">SUPPLEMENTARY INFORMATION:</HD> <E T="03">Title:</E> Employer Credit for Paid Family and Medical Leave. <E T="03">OMB Number:</E> 1545-2282. <E T="03">Form Number:</E> 8,994. <E T="03">Abstract:</E> The law establishes a credit for employers that provide paid family and medical leave to employees. This is a general business credit employers may claim, based on wages paid to qualifying employees while they are on family and medical leave, subject to certain conditions. The credit is for wages paid beginning after December 31, 2017, and it is not available for wages paid beginning after December 31, 2019. <E T="03">Current Actions:</E> There are no changes being made to the form at this time. <E T="03">Type of Review:</E> Extension of a currently approved collection. <E T="03">Affected Public:</E> Business or other for-profit organizations. <E T="03">Estimated Number of Respondents:</E> 660,000. <E T="03">Estimated Time per Respondent:</E> 1 hr., 55 mins. <E T="03">Estimated Total Annual Burden Hours:</E> 1,280,400. 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. <E T="03">Request for Comments:</E> Comments submitted in response to this notice will be summarized and/or included in the request for OMB approval. Comments will be 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 has 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 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. <SIG> <DATED>Approved: September 25, 2024.</DATED> <NAME>Martha R. Brinson,</NAME> Tax Analyst. </SIG> </SUPLINF> <FRDOC>[FR Doc. 2024-22459 Filed 9-30-24; 8:45 am]</FRDOC> </NOTICE>