Proposed Collection; Comment Request for Forms 1040-PR and 1040-SS, 37394-37395 [2014-15438]
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emcdonald on DSK67QTVN1PROD with NOTICES
37394
Federal Register / Vol. 79, No. 126 / Tuesday, July 1, 2014 / Notices
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 certain
transfers of property to Regulated
Investment Companies (RICs) and Real
Estate Investment Trusts (REITs).
DATES: Written comments should be
received on or before September 2, 2014
to be assured of consideration.
ADDRESSES: Direct all written comments
to R. Joseph Durbala, Internal Revenue
Service, room 6129, 1111 Constitution
Avenue NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the regulations should be
directed to Kerry Dennis, at Internal
Revenue Service, room 6129, 1111
Constitution Avenue NW., Washington,
DC 20224, or through the internet at
Kerry.Dennis@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Certain Transfers of Property to
Regulated Investment Companies (RICs)
and Real Estate Investment Trusts
(REITs).
OMB Number: 1545–1672. Regulation
Project Number: TD 9047.
Abstract: The regulation applies with
respect to the net built-in gain of C
corporation property that becomes
property of a Regulated Investment
Company (RIC) or Real Estate
Investment Trust (REIT) by the
qualification of a C corporation as a RIC
or REIT or by the transfer of property of
a C corporation to a RIC or REIT in
certain tax-free transactions. Depending
on the date of the transfer of property
or qualification as a RIC or REIT, the
regulation provides that either (1) the C
corporation will recognize gain as if it
had sold the property at fair market
value unless the RIC or REIT elects
section 1374 treatment or (2) the RIC or
REIT will be subject to section 1374
treatment with respect to the net
recognized built-in-gain, unless the C
corporation elects deemed sale
treatment. The regulation provides that
a section 1374 election is made by filing
a statement, signed by an official
authorized to sign the income tax return
of the RIC or REIT and attached to the
RIC’s or REIT’s Federal income tax
return for the taxable year in which the
property of the C corporation becomes
the property of the RIC or REIT. The
regulation provides that a deemed sale
election is made by filing a statement,
signed by an official authorized to sign
the income tax return of the C
corporation and attached to the C
corporation’s Federal income tax return
for the taxable year in which the
deemed sale occurs.
VerDate Mar<15>2010
19:00 Jun 30, 2014
Jkt 232001
Current Actions: There are no changes
being made to this existing regulation.
Type of Review: Extension of
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
140.
Estimated Time per Respondent: 30
minutes.
Estimated Total Annual Burden
Hours: 70.
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: May 23, 2014.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. 2014–15439 Filed 6–30–14; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Forms 1040–PR and 1040–
SS
Internal Revenue Service (IRS),
Treasury.
AGENCY:
PO 00000
Frm 00124
Fmt 4703
Sfmt 4703
Notice and request for
comments.
ACTION:
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
´
1040–PR, Planilla para la Declaracion de
´
la Contribucion Federal sobre el Trabajo
por Cuenta Propia (Incluyendo el
´
Credito Tributario Adicional por Hijos
para Residentes Bona Fide de Puerto
Rico) and Form 1040–SS, U.S. SelfEmployment Tax Return (Including the
Additional Child Tax Credit for Bona
Fide Residents of Puerto Rico)
DATES: Written comments should be
received on or before September 2, 2014
to be assured of consideration.
ADDRESSES: Direct all written comments
to R. Joseph Durbala, 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 Gerald J. Shields,
LL.M. at Internal Revenue Service,
Room 6129, 1111 Constitution Avenue
NW., Washington, DC 20224, or through
the Internet at Gerald.J.Shields@irs.gov.
SUPPLEMENTARY INFORMATION:
´
Title: Planilla para la Declaracion de
´
la Contribucion Federal sobre el Trabajo
por Cuenta Propia (Incluyendo el
´
Credito Tributario Adicional por Hijos
para Residentes Bona Fide de Puerto
Rico).
OMB Number: 1545–0090.
Form Number: Form 1040–PR.
Abstract: Form 1040–PR, is used by
self-employed individuals to figure and
report self-employment tax under IRC
chapter 2 of Subtitle A, and provide
credit to the taxpayer’s social security
account. Anejo H–PR is used to
compute household employment taxes
and the Form 104–PR burden
calculation includes this burden of
2,400 responses with 5,376 hours.
Current Actions: There are changes,
due to Public Law 112–96, section 1001;
Public Law 111–148, section 9014,
which changed IRC section 1401 (b)(2);
Chief Counsel request; SSA Fact Sheet:
2013 Social Security Changes, being
made to the form at this time which
increased taxpayer burden. This form is
being submitted for renewal purposes.
Type of Review: Revision of a
currently approved collection.
SUMMARY:
E:\FR\FM\01JYN1.SGM
01JYN1
emcdonald on DSK67QTVN1PROD with NOTICES
Federal Register / Vol. 79, No. 126 / Tuesday, July 1, 2014 / Notices
Affected Public: Individuals or
households, Businesses and other forprofit organizations, Farms.
Estimated Number of Respondents:
154,860.
Estimated Time per Respondent: 11
hours, 34 minutes.
Estimated Total Annual Burden
Hours: 1,792,208.
Title: U.S. Self-Employment Tax
Return (Including the Additional Child
Tax Credit for Bona Fide Residents of
Puerto Rico)
OMB Number: 1545–0090.
Form Number: Form 1040–SS.
Abstract: Form 1040–SS, is used by
self-employed individuals to figure and
report self-employment tax under IRC
chapter 2 of Subtitle A, and provide
credit to the taxpayer’s social security
account. Both of these forms are also
used by bona- fide residents of Puerto
Rico to claim the additional child tax
credit.
Current Actions: There are changes,
due to Public Law 112–96, section 1001;
Public Law 111–148, section 9014,
which changed IRC section 1401 (b)(2);
Chief Counsel request; SSA Fact Sheet:
2013 Social Security Changes, being
made to the form at this time which
increased taxpayer burden. This form is
being submitted for renewal purposes.
Type of Review: Revision of a
currently approved collection.
Affected Public: Individuals or
households, Businesses and other forprofit organizations, Farms.
Estimated Number of Respondents:
92,000.
Estimated Time per Respondent: 11
hours, 28 minutes.
Estimated Total Annual Burden
Hours: 1,055,240.
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
VerDate Mar<15>2010
19:00 Jun 30, 2014
Jkt 232001
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: May 20, 2014.
R. Joseph Durbala,
IRS Reports Clearance Officer.
37395
commemorative coin designation is
made.
D Makes recommendations with
respect to the mintage level for any
commemorative coin recommended.
FOR FURTHER INFORMATION CONTACT:
William Norton, United States Mint
Liaison to the CCAC; 801 9th Street
NW., Washington, DC 20220 or call
202–354–7200.
Any member of the public interested
in submitting matters for the CCAC’s
consideration is invited to submit them
by fax to the following number: 202–
756–6525.
Authority: 31 U.S.C. 5135(b)(8)(C).
[FR Doc. 2014–15438 Filed 6–30–14; 8:45 am]
BILLING CODE 4830–01–P
Dated: June 25, 2014.
Beverly Ortega Babers,
Chief Administrative Officer, United States
Mint.
[FR Doc. 2014–15408 Filed 6–30–14; 8:45 am]
DEPARTMENT OF THE TREASURY
BILLING CODE P
United States Mint
Citizens Coinage Advisory Committee;
Teleconference
Notification of Citizens Coinage
Advisory Committee July 8, 2014,
Public Meeting.
ACTION:
Pursuant to United States
Code, Title 31, section 5135(b)(8)(C), the
United States Mint announces the
Citizens Coinage Advisory Committee
(CCAC) public meeting scheduled for
July 8, 2014.
Date: July 8, 2014.
Time: 1:00 p.m. to 3:30 p.m. EDT.
Location: This meeting will occur via
teleconference. Interested members of
the public may attend the meeting at the
United States Mint; 801 9th Street NW.,
Washington, DC; Conference Room A.
Subject: Discussion of design themes
for the Congressional Gold Medals to be
awarded to the Doolittle Tokyo Raiders,
the American Fighter Aces, and the
World War II Members of the Civil Air
Patrol.
Interested persons should call the
CCAC HOTLINE at (202) 354–7502 for
the latest update on meeting time and
room location.
In accordance with 31 U.S.C. 5135,
the CCAC:
D Advises the Secretary of the
Treasury on any theme or design
proposals relating to circulating coinage,
bullion coinage, Congressional Gold
Medals, and national and other medals.
D Advises the Secretary of the
Treasury with regard to the events,
persons, or places to be commemorated
by the issuance of commemorative coins
in each of the five calendar years
succeeding the year in which a
SUMMARY:
PO 00000
Frm 00125
Fmt 4703
Sfmt 4703
DEPARTMENT OF VETERANS
AFFAIRS
[OMB Control No. 2900—NEW]
Proposed Information Collection
(Certification Regarding Debarment,
Suspension, Ineligibility and Voluntary
Exclusion (Documents and Information
Required for Specially Adapted
Housing AssistivTechnology Grant));
Activity: Comment Request
Veterans Benefits
Administration, Department of Veterans
Affairs.
ACTION: Notice.
AGENCY:
The Veterans Benefits
Administration (VBA), Department of
Veterans Affairs (VA), is announcing an
opportunity for public comment on the
proposed collection of certain
information by the agency. Under the
Paperwork Reduction Act (PRA) of
1995, Federal agencies are required to
publish notice in the Federal Register
concerning each proposed collection of
information, including each proposed
collection, and allow 60 days for public
comment in response to the notice. This
notice solicits comments for information
needed to decide whether an applicant
meets the requirements and satisfies the
scoring criteria for award of an SAH
Assistive Technology grant under 38
U.S.C. 2108.
DATES: Written comments and
recommendations on the proposed
collection of information should be
received on or before September 2,
2014.
ADDRESSES: Submit written comments
on the collection of information through
SUMMARY:
E:\FR\FM\01JYN1.SGM
01JYN1
]]>Agencies
[Federal Register Volume 79, Number 126 (Tuesday, July 1, 2014)]
[Notices]
[Pages 37394-37395]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-15438]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Forms 1040-PR and 1040-
SS
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 1040-PR, Planilla para la Declaraci[oacute]n de la
Contribuci[oacute]n Federal sobre el Trabajo por Cuenta Propia
(Incluyendo el Cr[eacute]dito Tributario Adicional por Hijos para
Residentes Bona Fide de Puerto Rico) and Form 1040-SS, U.S. Self-
Employment Tax Return (Including the Additional Child Tax Credit for
Bona Fide Residents of Puerto Rico)
DATES: Written comments should be received on or before September 2,
2014 to be assured of consideration.
ADDRESSES: Direct all written comments to R. Joseph Durbala, 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 Gerald J.
Shields, LL.M. at Internal Revenue Service, Room 6129, 1111
Constitution Avenue NW., Washington, DC 20224, or through the Internet
at Gerald.J.Shields@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Planilla para la Declaraci[oacute]n de la
Contribuci[oacute]n Federal sobre el Trabajo por Cuenta Propia
(Incluyendo el Cr[eacute]dito Tributario Adicional por Hijos para
Residentes Bona Fide de Puerto Rico).
OMB Number: 1545-0090.
Form Number: Form 1040-PR.
Abstract: Form 1040-PR, is used by self-employed individuals to
figure and report self-employment tax under IRC chapter 2 of Subtitle
A, and provide credit to the taxpayer's social security account. Anejo
H-PR is used to compute household employment taxes and the Form 104-PR
burden calculation includes this burden of 2,400 responses with 5,376
hours.
Current Actions: There are changes, due to Public Law 112-96,
section 1001; Public Law 111-148, section 9014, which changed IRC
section 1401 (b)(2); Chief Counsel request; SSA Fact Sheet: 2013 Social
Security Changes, being made to the form at this time which increased
taxpayer burden. This form is being submitted for renewal purposes.
Type of Review: Revision of a currently approved collection.
[[Page 37395]]
Affected Public: Individuals or households, Businesses and other
for-profit organizations, Farms.
Estimated Number of Respondents: 154,860.
Estimated Time per Respondent: 11 hours, 34 minutes.
Estimated Total Annual Burden Hours: 1,792,208.
Title: U.S. Self-Employment Tax Return (Including the Additional
Child Tax Credit for Bona Fide Residents of Puerto Rico)
OMB Number: 1545-0090.
Form Number: Form 1040-SS.
Abstract: Form 1040-SS, is used by self-employed individuals to
figure and report self-employment tax under IRC chapter 2 of Subtitle
A, and provide credit to the taxpayer's social security account. Both
of these forms are also used by bona- fide residents of Puerto Rico to
claim the additional child tax credit.
Current Actions: There are changes, due to Public Law 112-96,
section 1001; Public Law 111-148, section 9014, which changed IRC
section 1401 (b)(2); Chief Counsel request; SSA Fact Sheet: 2013 Social
Security Changes, being made to the form at this time which increased
taxpayer burden. This form is being submitted for renewal purposes.
Type of Review: Revision of a currently approved collection.
Affected Public: Individuals or households, Businesses and other
for-profit organizations, Farms.
Estimated Number of Respondents: 92,000.
Estimated Time per Respondent: 11 hours, 28 minutes.
Estimated Total Annual Burden Hours: 1,055,240.
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: May 20, 2014.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. 2014-15438 Filed 6-30-14; 8:45 am]
BILLING CODE 4830-01-P
