View Information Collection Request (ICR) Package
Skip to main content
An official website of the United States government
The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.
The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.
Search:
Agenda
Reg Review
ICR
This script is used to control the display of information in this page.
Display additional information by clicking on the following:
All
Brief and OIRA conclusion
Abstract/Justification
Legal Statutes
Rulemaking
FR Notices/Comments
IC List
Burden
Misc.
Common Form Info.
Certification
View Information Collection (IC) List
View Supporting Statement and Other Documents
Please note that the OMB number and expiration date may not have been determined when this Information Collection Request and associated Information Collection forms were submitted to OMB. The approved OMB number and expiration date may be found by clicking on the Notice of Action link below.
View ICR - OIRA Conclusion
OMB Control No:
1545-0001
ICR Reference No:
202112-1545-012
Status:
Historical Active
Previous ICR Reference No:
202102-1545-004
Agency/Subagency:
TREAS/IRS
Agency Tracking No:
Title:
Railroad Retirement Tax Act (Form CT-1 and CT-1X)
Type of Information Collection:
Revision of a currently approved collection
Common Form ICR:
No
Type of Review Request:
Emergency
Approval Requested By:
01/13/2022
OIRA Conclusion Action:
Approved without change
Conclusion Date:
01/12/2022
Retrieve Notice of Action (NOA)
Date Received in OIRA:
01/06/2022
Terms of Clearance:
Inventory as of this Action
Requested
Previously Approved
Expiration Date
07/31/2022
6 Months From Approved
07/31/2024
Responses
2,400
0
2,400
Time Burden (Hours)
62,589
0
51,055
Cost Burden (Dollars)
0
0
0
Abstract:
Internal Revenue Code (IRC) Section 3201 imposes a tax on railroad employees' earnings at a rate equal to the social security tax rate, as well as a tax on income commonly known as Tier II tax. IRC Section 3221 imposes the equivalent of employer Federal Insurance Contribution Act (FICA) tax and a Tier II tax on the employer. Form CT-1 is used to report taxes imposed by the Railroad Retirement Tax Act (RRTA) and claim eligible employer tax credits. Treasury Regulations section 31.6011(a)-2(a)(1) requires the employer to file Form CT-1 annually. Form CT-1X is used to correct errors on a previously filed Form CT-1.
Emergency Justfication:
The Department of the Treasury and the Internal Revenue Service (IRS) are requesting approval of a revision to OMB Control Number 1545-0001 under emergency procedures in connection with provisions of Public Law 117-2, Sections 9501, 9641, and 9651 (March 11, 2021), commonly referred to as the American Rescue Plan Act of 2021 (ARP). Section 9501 of the ARP provides a new credit for COBRA premium assistance in the form of a full reduction in the premium otherwise payable by certain individuals and their families who elect COBRA continuation coverage due to a loss of coverage as the result of a reduction in hours or an involuntary termination of employment. Section 9641 of the ARP amends and extends credits for qualified sick and family leave compensation. Section 9651 of the ARP amends and extends the COVID-19 related employee retention credit. Form CT-1, Employer’s Annual Railroad Retirement Tax Return, is used to report taxes imposed by the Railroad Retirement Tax Act (RRTA) and claim eligible employer tax credits. Form CT-1X, Adjusted Employer’s Annual Railroad Retirement Tax Return or Claim for Refund, is used to correct errors on a previously filed Form CT-1. The IRS substantially revised both forms for tax year 2021 to allow the reporting of the credits provided by the ARP. Until the IRS releases the revised Forms CT-1 and CT-1X, taxpayers will not have the ability to claim the correct tax relief provided by the ARP. The IRS plans to release Form CT-1 by January 13, 2021, and thus requests approval of the control number by that date. Given the inability to seek public comment during such a short timeframe, the IRS respectfully requests a waiver from the requirement to publish notice in the Federal Register seeking public comment during the period of Office of Management and Budget review. However, public comment will be solicited in conjunction with the subsequent extension of the approval to collect this information.
Authorizing Statute(s):
US Code:
26 USC 3221
Name of Law: Rate of tax (employer)
US Code:
26 USC 3131
Name of Law: Credit For Paid Sick Leave
US Code:
26 USC 3132
Name of Law: Payroll Credit For Paid Family Leave
US Code:
26 USC 3133
Name of Law: Special Rule Related To Tax On Employers
US Code:
26 USC 3134
Name of Law: Employee Retention Credit For Employers Subject To Closure Due To Covid-19
US Code:
26 USC 6432
Name of Law: Continuation Coverage Premium Assistance
US Code:
26 USC 3201
Name of Law: Rate of tax (employee)
Citations for New Statutory Requirements:
PL: Pub.L. 117 - 2 9501, 9641, and 9651 Name of Law: American Rescue Plan Act
Associated Rulemaking Information
RIN:
Stage of Rulemaking:
Federal Register Citation:
Date:
Not associated with rulemaking
Federal Register Notices & Comments
Did the Agency receive public comments on this ICR?
No
Number of Information Collection (IC) in this ICR:
2
IC Title
Form No.
Form Name
Adjusted Employer's Annual Railroad Retirement Tax Return or Claim for Refund
Form CT-1X
Adjusted Employer's Annual Railroad Retirement Tax Return or Claim for Refund
Employer's Annual Railroad Retirement Tax Return
CT-1
Employer's Annual Railroad Retirement Tax Return
ICR Summary of Burden
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
2,400
2,400
0
0
0
0
Annual Time Burden (Hours)
62,589
51,055
11,534
0
0
0
Annual Cost Burden (Dollars)
0
0
0
0
0
0
Burden increases because of Program Change due to Agency Discretion:
No
Burden Increase Due to:
Burden decreases because of Program Change due to Agency Discretion:
No
Burden Reduction Due to:
Short Statement:
The IRS has significantly revised the 2021 Forms CT-1 and CT-1X to allow for the reporting of new and extended employment tax credits allowed by the American Rescue Plan Act of 2021, P.L. 117-2, sections 9501, 9641, and 9651. The changes to Form CT-1 will result in an estimated burden increase of 6,004 hours. Changes to Form CT-1X will result in an estimated burden increase of 5,530 hours. This increases the total estimated burden by 11,534 hours due to New Statute.
Annual Cost to Federal Government:
$121,606
Does this IC contain surveys, censuses, or employ statistical methods?
No
Does this ICR request any personally identifiable information (see
OMB Circular No. A-130
for an explanation of this term)? Please consult with your agency's privacy program when making this determination.
Yes
Does this ICR include a form that requires a Privacy Act Statement (see
5 U.S.C. §552a(e)(3)
)? Please consult with your agency's privacy program when making this determination.
Yes
Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]?
No
Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]?
No
Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)?
No
Is this ICR related to the Pandemic Response?
No
Agency Contact:
Michael Ecker 202 622-3144
Common Form ICR:
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:
(a) It is necessary for the proper performance of agency functions;
(b) It avoids unnecessary duplication;
(c) It reduces burden on small entities;
(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;
(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;
(f) It indicates the retention periods for recordkeeping requirements;
(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:
(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;
(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.
(i) It uses effective and efficient statistical survey methodology (if applicable); and
(j) It makes appropriate use of information technology.
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.
Certification Date:
01/06/2022
An official website of the United States government
The .gov means it's official.
The site is secure.
