Proposed Collection; Comment Request for Form 8823, 41365 [2014-16485]
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mstockstill on DSK4VPTVN1PROD with NOTICES
Federal Register / Vol. 79, No. 135 / Tuesday, July 15, 2014 / Notices
December 23, 2004. A taxpayer making
a qualified equity investment in a
qualified community development
entity that has received a new markets
tax credit allocation may claim a 5percent tax credit with respect to the
qualified equity investment on each of
the first 3 credit allowance dates and a
6-percent tax credit with respect to the
qualified equity investment on each of
the remaining 4 credit allowance dates.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
816.
Estimated Time per Respondents: 15
minutes.
Estimated Total Annual Burden
Hours: 210.
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: June 30, 2014.
R. Joseph Durbala,
IRS Supervisory Tax Analyst.
[FR Doc. 2014–16481 Filed 7–14–14; 8:45 am]
BILLING CODE 4830–01–P
VerDate Mar<15>2010
17:46 Jul 14, 2014
Jkt 232001
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 8823
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
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
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
8823, Low-Income Housing Credit
Agencies Report of Noncompliance or
Building Disposition.
DATES: Written comments should be
received on or before September 15,
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, LaNita Van Dyke,
or through the internet at
LanitaVanDyke@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Low-Income Housing Credit
Agencies Report of Noncompliance or
Building Disposition.
OMB Number: 1545–1204.
Form Number: 8823.
Abstract: Under Internal Revenue
Code section 42(m)(1)(B)(iii), state
housing credit agencies are required to
notify the IRS of noncompliance with
the low-income housing tax credit
provisions. A separate form must be
filed for each building that is not in
compliance. The IRS uses this
information to determine whether the
low-income housing credit is being
correctly claimed and whether there is
any credit recapture.
Current Actions: Form 8823 was not
revised; however, adjustments were
made to the burden computation to
accurately reflect the total burden hours
associated with this collection, which
resulted in a decrease of 69,000 hours,
making the new burden hours 303,200.
Type of Review: Revision of a
currently approved collection.
Affected Public: State or local
government housing credit agencies.
SUMMARY:
PO 00000
Frm 00120
Fmt 4703
Sfmt 4703
41365
Estimated Number of Respondents:
20,000.
Estimated Total Annual Burden
Hours: 303,200.
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: June 9, 2014.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. 2014–16485 Filed 7–14–14; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Regulation Project
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
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
opportunity to comment on proposed
and/or continuing information
SUMMARY:
E:\FR\FM\15JYN1.SGM
15JYN1
]]>Agencies
[Federal Register Volume 79, Number 135 (Tuesday, July 15, 2014)]
[Notices]
[Page 41365]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-16485]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 8823
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 8823, Low-Income Housing Credit Agencies Report of Noncompliance
or Building Disposition.
DATES: Written comments should be received on or before September 15,
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, LaNita Van
Dyke, or through the internet at LanitaVanDyke@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Low-Income Housing Credit Agencies Report of Noncompliance
or Building Disposition.
OMB Number: 1545-1204.
Form Number: 8823.
Abstract: Under Internal Revenue Code section 42(m)(1)(B)(iii),
state housing credit agencies are required to notify the IRS of
noncompliance with the low-income housing tax credit provisions. A
separate form must be filed for each building that is not in
compliance. The IRS uses this information to determine whether the low-
income housing credit is being correctly claimed and whether there is
any credit recapture.
Current Actions: Form 8823 was not revised; however, adjustments
were made to the burden computation to accurately reflect the total
burden hours associated with this collection, which resulted in a
decrease of 69,000 hours, making the new burden hours 303,200.
Type of Review: Revision of a currently approved collection.
Affected Public: State or local government housing credit agencies.
Estimated Number of Respondents: 20,000.
Estimated Total Annual Burden Hours: 303,200.
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: June 9, 2014.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. 2014-16485 Filed 7-14-14; 8:45 am]
BILLING CODE 4830-01-P
