Proposed Collection; Comment Request for Form 1099-OID, 8226 [2013-02438]
Download as PDF
8226
Federal Register / Vol. 78, No. 24 / Tuesday, February 5, 2013 / Notices
Estimated Number of Responses:
110,000.
Estimated Time Per Respondent: 18
minutes.
Estimated Total Annual Burden
Hours: 33,000.
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.
Request for Comments: 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.
Approved: January 23, 2013.
Yvette Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2013–02413 Filed 2–4–13; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 1099–OID
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
tkelley on DSK3SPTVN1PROD with NOTICES
AGENCY:
The Department of the
Treasury, as part of its continuing effort
to reduce paperwork and respondent
burden, invites the general public and
other Federal agencies to take this
SUMMARY:
VerDate Mar<15>2010
17:18 Feb 04, 2013
Jkt 229001
opportunity to comment on proposed
and/or continuing information
collections, as required by the
Paperwork Reduction Act of 1995,
Public Law 104–13 (44 U.S.C.
3506(c)(2)(A)). Currently, the IRS is
soliciting comments concerning Form
1099–OID, Original Issue Discount.
DATES: Written comments should be
received on or before April 8, 2013 to
be assured of consideration.
ADDRESSES: Direct all written comments
to Yvette Lawrence, Internal Revenue
Service, Room 6129, 1111 Constitution
Avenue NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the form and instructions
should be directed to Martha R. Brinson
at Internal Revenue Service, Room 6129,
1111 Constitution Avenue NW.,
Washington, DC 20224, or at (202) 622–
3869, or through the internet at
Martha.R.Brinson@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Original Issue Discount.
OMB Number: 1545–0117.
Form Number: 1099–OID.
Abstract: Form 1099–OID is used for
reporting original issue discount as
required by section 6049 of the Internal
Revenue Code. It is used to verify that
income earned on discount obligations
is properly reported by the recipient.
Current Actions: There are no changes
being made to the form at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses or other
for-profit organizations.
Estimated Number of Responses:
5,906,965.
Estimated Time per Response: 12 min.
Estimated Total Annual Burden
Hours: 1,142,324.
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.
Request for Comments: 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
PO 00000
Frm 00126
Fmt 4703
Sfmt 4703
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.
Approved: January 19, 2013.
Yvette Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2013–02438 Filed 2–4–13; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Art Advisory Panel—Notice of
Availability of Report of 2012 Closed
Meetings
Internal Revenue Service,
Treasury.
ACTION: Notice.
AGENCY:
Pursuant to 5 U.S.C. app. I
section 10(d), of the Federal Advisory
Committee Act, and 5 U.S.C. section
552b, the Government in the Sunshine
Act, a report summarizing the closed
meeting activities of the Art Advisory
Panel during 2012 has been prepared. A
copy of this report has been filed with
the Assistant Secretary of the Treasury
for Management.
DATES: Effective Date: This notice is
effective February 5, 2013.
ADDRESSES: The report is available for
public inspection and requests for
copies should be addressed to: Internal
Revenue Service, Freedom of
Information Reading Room, Room 1621,
1111 Constitution Avenue NW.,
Washington, DC 20224, telephone
number (202) 622–5164 (not a toll free
number). The report is also available at
www.irs.gov.
FOR FURTHER INFORMATION CONTACT:
Ruth Vriend, AP:SO:ART, Internal
Revenue Service/Appeals, 1111
Constitution Ave. NW., Ste. 700,
Washington, DC 20224, telephone (202)
435–5739 (not a toll free telephone
number).
SUPPLEMENTARY INFORMATION: It has been
determined that this document is not a
major rule as defined in Executive Order
12291 and that a regulatory impact
SUMMARY:
E:\FR\FM\05FEN1.SGM
05FEN1
Agencies
[Federal Register Volume 78, Number 24 (Tuesday, February 5, 2013)]
[Notices]
[Page 8226]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-02438]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 1099-OID
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
SUMMARY: The Department of the Treasury, 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 proposed and/or continuing information collections, as required by
the Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C.
3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning
Form 1099-OID, Original Issue Discount.
DATES: Written comments should be received on or before April 8, 2013
to be assured of consideration.
ADDRESSES: Direct all written comments to Yvette Lawrence, Internal
Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington,
DC 20224.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the form and instructions should be directed to Martha R.
Brinson at Internal Revenue Service, Room 6129, 1111 Constitution
Avenue NW., Washington, DC 20224, or at (202) 622-3869, or through the
internet at Martha.R.Brinson@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Original Issue Discount.
OMB Number: 1545-0117.
Form Number: 1099-OID.
Abstract: Form 1099-OID is used for reporting original issue
discount as required by section 6049 of the Internal Revenue Code. It
is used to verify that income earned on discount obligations is
properly reported by the recipient.
Current Actions: There are no changes being made to the form at
this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Businesses or other for-profit organizations.
Estimated Number of Responses: 5,906,965.
Estimated Time per Response: 12 min.
Estimated Total Annual Burden Hours: 1,142,324.
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.
Request for Comments: 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.
Approved: January 19, 2013.
Yvette Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2013-02438 Filed 2-4-13; 8:45 am]
BILLING CODE 4830-01-P