Submission for OMB Review; Comment Request, 45588-45589 [2015-18703]

Download as PDF 45588 Federal Register / Vol. 80, No. 146 / Thursday, July 30, 2015 / Notices Lhorne on DSK7TPTVN1PROD with NOTICES advertising practices, the Federal Alcohol Administration Act at 27 U.S.C. 205(e) requires that alcohol beverages sold or introduced into interstate or foreign commerce be labeled in conformity with regulations issued by the Secretary of the Treasury. Further, the producer, bottler, or importer of alcohol beverages must receive approval of the label for such products from TTB prior to their introduction into commerce. TTB F 5100.31 is a dual-use form; industry members use it to request and to obtain the required label approval. The form serves as both an application for and, if approved by TTB, a certificate of label approval (or exemption from a certificate of label approval). Affected Public: Private Sector: Businesses or other for-profits. Estimated Annual Burden Hours: 73,596. OMB Number: 1513–0052. Type of Review: Extension without change of a currently approved collection. Title: Alcohol Fuel Plants (AFP) Records, Reports, and Notices (REC 5110/10). Form: TTB F 5110.75. Abstract: To safeguard Federal alcohol excise tax revenue, 26 U.S.C. 5181 and 5207 require that a proprietor of an alcohol fuel plant (AFP) make such application, maintain such records, and render such reports as the Secretary of the Treasury shall prescribe. The TTB regulations in 27 CFR, part 19, subpart X, implement those statutory requirements. The information collected under these regulations is necessary to identify and determine that persons are qualified to produce alcohol for fuel purposes, to account for distilled spirits produced and verify its proper disposition, to keep registrations current, and to evaluate permissible variations from prescribed procedures. Affected Public: Private Sector: Businesses or other for-profits; farms. Estimated Annual Burden Hours: 2,784. OMB Number: 1513–0107. Type of Review: Revision of a currently approved collection. Title: Monthly Report—Importer of Tobacco Products or Processed Tobacco. Form: TTB F 5220.6. Abstract: Reports on the importation and disposition of tobacco products and processed tobacco are used, along with other information, to determine whether those persons issued the permits required by 26 U.S.C. 5713 are complying with TTB regulations. Those engaged in importing tobacco products VerDate Sep<11>2014 14:54 Jul 29, 2015 Jkt 235001 and processed tobacco are required to account for the importation and disposition of such products on a monthly basis so TTB may determine if tobacco products or processed tobacco are being diverted for illegal purposes and to ensure that holders of basic permits are engaging in the operations stated on their basic permit. Affected Public: Private Sector: Businesses or other for-profits. Estimated Annual Burden Hours: 3,696. OMB Number: 1513–0118. Type of Review: Revision of a currently approved collection. Title: Formulas for Fermented Beverage Products, TTB REC 5052/1. Abstract: Section 5052 of the Internal Revenue Code of 1986 (IRC; 26 U.S.C. 5052) defines the term ‘‘beer’’ to include, among other things, certain traditional products such as beer, ale, porter, and stout. The TTB regulations require brewers to file formulas for certain non-traditional fermented products, including products to which flavors, colorings, or other nonbeverage ingredients are added (see 27 CFR 25.55). As needed, brewers file a formula as written notice, and the TTB regulations provide that a brewer operating multiple breweries may file a single formula to cover the production of a specified fermented product at all of their breweries. Affected Public: Private Sector: Businesses or other for-profits. Estimated Annual Burden Hours: 1,326. Dated: July 27, 2015. Dawn D. Wolfgang, Treasury PRA Clearance Officer. [FR Doc. 2015–18644 Filed 7–29–15; 8:45 am] BILLING CODE 4810–31–P DEPARTMENT OF THE TREASURY Submission for OMB Review; Comment Request Department of the Treasury. Notice. AGENCY: ACTION: The Department of the Treasury will submit the following information collection requests to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, Public Law 104–13, on or after the date of publication of this notice. DATES: Comments should be received on or before August 31, 2015 to be assured of consideration. ADDRESSES: Send comments regarding the burden estimate, or any other aspect PO 00000 Frm 00088 Fmt 4703 Sfmt 4703 of the information collection, including suggestions for reducing the burden, to (1) Office of Information and Regulatory Affairs, Office of Management and Budget, Attention: Desk Officer for Treasury, New Executive Office Building, Room 10235, Washington, DC 20503, or email at OIRA_Submission@ OMB.EOP.gov and (2) Treasury PRA Clearance Officer, 1750 Pennsylvania Ave. NW., Suite 8140, Washington, DC 20220, or email at PRA@treasury.gov. FOR FURTHER INFORMATION CONTACT: Copies of the submission(s) may be obtained by email at PRA@treasury.gov or the entire information collection request may be found at www.reginfo.gov. SUPPLEMENTARY INFORMATION: Internal Revenue Service (IRS) OMB Number: 1545–0430. Type of Review: Extension without change of a previously approved collection. Title: Request for Prompt Assessment Under Internal Revenue Code Section 6501(d). Form: 4810. Abstract: Form 4810 is used to request a prompt assessment under IRC Section 6501(d). IRS uses this form to locate the return to expedite processing of the taxpayer’s request. Affected Public: Private Sector: Businesses or other for-profits. Estimated Annual Burden Hours: 24,800. OMB Number: 1545–1018. Type of Review: Extension without change of a previously approved collection. Title: FI–27–89 (Temporary and Final) Real Estate Mortgage Investment Conduits; Reporting Requirements and Other Administrative Matters; FI–61–91 (Final) Allocation of Allocable Investment. Abstract: The regulations prescribe the manner in which an entity elects to be taxed as a real estate mortgage investment conduit (REMIC) and the filing requirements for REMICs and certain brokers. Affected Public: Private Sector: Businesses or other for-profits. Estimated Annual Burden Hours: 978. OMB Number: 1545–1231. Type of Review: Extension without change of a previously approved collection. Title: TD 9436—Tax Return Preparer Penalties Under Sections 6694 and 6695. Abstract: This information is necessary to make the record of the name, taxpayer identification number, and principal place of work of each tax E:\FR\FM\30JYN1.SGM 30JYN1 Federal Register / Vol. 80, No. 146 / Thursday, July 30, 2015 / Notices Lhorne on DSK7TPTVN1PROD with NOTICES return preparer, make each return or claim for refund prepared available for inspection by the Commissioner of Internal Revenue, and to document that the tax return preparer advised the taxpayer of the penalty standards applicable to the taxpayer in order for the tax return preparer to avoid penalties under section 6694. These regulations implements amendments to the tax return preparer penalties under sections 6694 and 6695 of the Internal Revenue Code and related provisions under sections 6060, 6107, 6109, 6696, and 7701(a)(36) reflecting amendments to the Code made by section 8246 of the Small Business and Work Opportunity Tax Act of 2007 and section 506 of the Tax Extenders and Alternative Minimum Tax Relief Act of 2008. Affected Public: Private Sector: Businesses or other for-profits. Estimated Annual Burden Hours: 10,679,320. OMB Number: 1545–1290. Type of Review: Extension without change of a previously approved collection. Title: TD 8513—Bad Debt Reserves of Banks. Abstract: Section 585(c) of the Internal Revenue Code requires large banks to change from the reserve method of accounting to the specific charge off method of accounting for bad debts. The information required by section 1.585–8 of the regulations identifies any election made or revoked by the taxpayer in accordance with section 585(c). Affected Public: Private Sector: Businesses or other for-profits. Estimated Annual Burden Hours: 625. OMB Number: 1545–1725. Type of Review: Extension without change of a previously approved collection. Title: REG–146097–09 (Final) Guidance on Reporting Interest Paid to Nonresident Aliens. Abstract: This document contains final regulations that provide guidance on the reporting requirements for interest on deposits maintained at the U.S. office of certain financial institutions and paid to nonresident alien individuals. These regulations affect persons making payments of interest with respect to such a deposit. Affected Public: Private Sector: Businesses or other for-profits. Estimated Annual Burden Hours: 500. OMB Number: 1545–1959. Type of Review: Revision of a previously approved collection. Title: Contributions of Motor Vehicles, Boats, and Airplanes. Form: 1098–C. VerDate Sep<11>2014 14:54 Jul 29, 2015 Jkt 235001 Abstract: Section 884 of the American Jobs Creation Act of 1004 (Pub. L. 108– 357) added paragraph 12 to section 170(f) for contributions of used motor vehicles, boats, and airplanes. Section 170(f)(12) requires that a donee organization provide an acknowledgement to the donor of this type of property and is required to file the same information to the Internal Revenue Service. Form 1098–C may be used as the acknowledgement and it, or an acceptable substitute, must be filed with the IRS. Affected Public: Private Sector: Notfor-profit institutions. Estimated Annual Burden Hours: 46,810. OMB Number: 1545–1992. Type of Review: Revision of a previously approved collection. Title: TD 9324 (Final)—Designated Roth Contributions Under Section 402A (REG–146459–05). Abstract: The final regulations set forth the rules for taxation of distributions from Designated Roth Accounts which are a part of a 401(k) plan or 403(b) plan. Affected Public: Private Sector: Businesses or other for-profits. Estimated Annual Burden Hours: 828,000. OMB Number: 1545–2120. Type of Review: Extension without change of a previously approved collection. Title: Revenue Procedures 2008–60, 2012–27: Election Involving the Repeal of the Bonding Requirement under § 42(j)(6). Abstract: This revenue procedure affects taxpayers who are maintaining a surety bond or a Treasury Direct Account (TDA) to satisfy the lowincome housing tax credit recapture exception in § 42(j)(6) of the Internal Revenue Code, as in effect on or before July 30, 2008. This revenue procedure provides the procedures for taxpayers to follow when making the election under section 3004(i)(2)(B)(ii) of the Housing Assistance Tax Act of 2008 (Pub. L. 110–289) to no longer maintain a surety bond or a TDA to avoid recapture. Affected Public: Individuals or Households. Estimated Annual Burden Hours: 7,810. OMB Number: 1545–2144. Type of Review: Extension without change of a previously approved collection. Title: Validating Your TIN and Reasonable Cause. Form: 13997. Abstract: Under the provisions of Internal Revenue Code Section (IRC § ) PO 00000 Frm 00089 Fmt 4703 Sfmt 4703 45589 6039E, Information Concerning Resident Status, individuals are required to provide certain information (see IRC § 6039E(b)) with their application for a U.S. passport or with their application for permanent U.S. residence. This form is an attachment to Letter 4318 to inform the individual about the IRC provisions, the penalty, and to request them to complete this form and return it to the IRS. Affected Public: Individuals or Households. Estimated Annual Burden Hours: 2,000. OMB Number: 1545–2221. Type of Review: Extension without change of a previously approved collection. Title: Form 1098–MA—Mortgage Assistance Payments. Form: 13997. Abstract: Information is needed to identify taxpayers who may not be taking a correct mortgage interest deduction, since mortgage servicers processing mortgage payments may not be able to segregate payments received from government funds versus payments made by individual mortgagees. Affected Public: State, Local, and Tribal Governments. Estimated Annual Burden Hours: 170,000. Dated: July 27, 2015. Dawn D. Wolfgang, Treasury PRA Clearance Officer. [FR Doc. 2015–18703 Filed 7–29–15; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Submission for OMB Review; Comment Request Department of the Treasury. Notice. AGENCY: ACTION: The Department of the Treasury will submit the following information collection request to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, Public Law 104– 13, on or after the date of publication of this notice. DATES: Comments should be received on or before August 31, 2015 to be assured of consideration. ADDRESSES: Send comments regarding the burden estimate, or any other aspect of the information collection, including suggestions for reducing the burden, to (1) Office of Information and Regulatory Affairs, Office of Management and SUMMARY: E:\FR\FM\30JYN1.SGM 30JYN1

Agencies

[Federal Register Volume 80, Number 146 (Thursday, July 30, 2015)]
[Notices]
[Pages 45588-45589]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-18703]


-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

AGENCY: Department of the Treasury.

ACTION: Notice.

-----------------------------------------------------------------------

    The Department of the Treasury will submit the following 
information collection requests to the Office of Management and Budget 
(OMB) for review and clearance in accordance with the Paperwork 
Reduction Act of 1995, Public Law 104-13, on or after the date of 
publication of this notice.

DATES: Comments should be received on or before August 31, 2015 to be 
assured of consideration.

ADDRESSES: Send comments regarding the burden estimate, or any other 
aspect of the information collection, including suggestions for 
reducing the burden, to (1) Office of Information and Regulatory 
Affairs, Office of Management and Budget, Attention: Desk Officer for 
Treasury, New Executive Office Building, Room 10235, Washington, DC 
20503, or email at OIRA_Submission@OMB.EOP.gov and (2) Treasury PRA 
Clearance Officer, 1750 Pennsylvania Ave. NW., Suite 8140, Washington, 
DC 20220, or email at PRA@treasury.gov.

FOR FURTHER INFORMATION CONTACT: Copies of the submission(s) may be 
obtained by email at PRA@treasury.gov or the entire information 
collection request may be found at www.reginfo.gov.

SUPPLEMENTARY INFORMATION:

Internal Revenue Service (IRS)

    OMB Number: 1545-0430.
    Type of Review: Extension without change of a previously approved 
collection.
    Title: Request for Prompt Assessment Under Internal Revenue Code 
Section 6501(d).
    Form: 4810.
    Abstract: Form 4810 is used to request a prompt assessment under 
IRC Section 6501(d). IRS uses this form to locate the return to 
expedite processing of the taxpayer's request.
    Affected Public: Private Sector: Businesses or other for-profits.
    Estimated Annual Burden Hours: 24,800.

    OMB Number: 1545-1018.
    Type of Review: Extension without change of a previously approved 
collection.
    Title: FI-27-89 (Temporary and Final) Real Estate Mortgage 
Investment Conduits; Reporting Requirements and Other Administrative 
Matters; FI-61-91 (Final) Allocation of Allocable Investment.
    Abstract: The regulations prescribe the manner in which an entity 
elects to be taxed as a real estate mortgage investment conduit (REMIC) 
and the filing requirements for REMICs and certain brokers.
    Affected Public: Private Sector: Businesses or other for-profits.
    Estimated Annual Burden Hours: 978.

    OMB Number: 1545-1231.
    Type of Review: Extension without change of a previously approved 
collection.
    Title: TD 9436--Tax Return Preparer Penalties Under Sections 6694 
and 6695.
    Abstract: This information is necessary to make the record of the 
name, taxpayer identification number, and principal place of work of 
each tax

[[Page 45589]]

return preparer, make each return or claim for refund prepared 
available for inspection by the Commissioner of Internal Revenue, and 
to document that the tax return preparer advised the taxpayer of the 
penalty standards applicable to the taxpayer in order for the tax 
return preparer to avoid penalties under section 6694. These 
regulations implements amendments to the tax return preparer penalties 
under sections 6694 and 6695 of the Internal Revenue Code and related 
provisions under sections 6060, 6107, 6109, 6696, and 7701(a)(36) 
reflecting amendments to the Code made by section 8246 of the Small 
Business and Work Opportunity Tax Act of 2007 and section 506 of the 
Tax Extenders and Alternative Minimum Tax Relief Act of 2008.
    Affected Public: Private Sector: Businesses or other for-profits.
    Estimated Annual Burden Hours: 10,679,320.

    OMB Number: 1545-1290.
    Type of Review: Extension without change of a previously approved 
collection.
    Title: TD 8513--Bad Debt Reserves of Banks.
    Abstract: Section 585(c) of the Internal Revenue Code requires 
large banks to change from the reserve method of accounting to the 
specific charge off method of accounting for bad debts. The information 
required by section 1.585-8 of the regulations identifies any election 
made or revoked by the taxpayer in accordance with section 585(c).
    Affected Public: Private Sector: Businesses or other for-profits.
    Estimated Annual Burden Hours: 625.

    OMB Number: 1545-1725.
    Type of Review: Extension without change of a previously approved 
collection.
    Title: REG-146097-09 (Final) Guidance on Reporting Interest Paid to 
Nonresident Aliens.
    Abstract: This document contains final regulations that provide 
guidance on the reporting requirements for interest on deposits 
maintained at the U.S. office of certain financial institutions and 
paid to nonresident alien individuals. These regulations affect persons 
making payments of interest with respect to such a deposit.
    Affected Public: Private Sector: Businesses or other for-profits.
    Estimated Annual Burden Hours: 500.

    OMB Number: 1545-1959.
    Type of Review: Revision of a previously approved collection.
    Title: Contributions of Motor Vehicles, Boats, and Airplanes.
    Form: 1098-C.
    Abstract: Section 884 of the American Jobs Creation Act of 1004 
(Pub. L. 108-357) added paragraph 12 to section 170(f) for 
contributions of used motor vehicles, boats, and airplanes. Section 
170(f)(12) requires that a donee organization provide an 
acknowledgement to the donor of this type of property and is required 
to file the same information to the Internal Revenue Service. Form 
1098-C may be used as the acknowledgement and it, or an acceptable 
substitute, must be filed with the IRS.
    Affected Public: Private Sector: Not-for-profit institutions.
    Estimated Annual Burden Hours: 46,810.

    OMB Number: 1545-1992.
    Type of Review: Revision of a previously approved collection.
    Title: TD 9324 (Final)--Designated Roth Contributions Under Section 
402A (REG-146459-05).
    Abstract: The final regulations set forth the rules for taxation of 
distributions from Designated Roth Accounts which are a part of a 
401(k) plan or 403(b) plan.
    Affected Public: Private Sector: Businesses or other for-profits.
    Estimated Annual Burden Hours: 828,000.

    OMB Number: 1545-2120.
    Type of Review: Extension without change of a previously approved 
collection.
    Title: Revenue Procedures 2008-60, 2012-27: Election Involving the 
Repeal of the Bonding Requirement under Sec.  42(j)(6).
    Abstract: This revenue procedure affects taxpayers who are 
maintaining a surety bond or a Treasury Direct Account (TDA) to satisfy 
the low-income housing tax credit recapture exception in Sec.  42(j)(6) 
of the Internal Revenue Code, as in effect on or before July 30, 2008. 
This revenue procedure provides the procedures for taxpayers to follow 
when making the election under section 3004(i)(2)(B)(ii) of the Housing 
Assistance Tax Act of 2008 (Pub. L. 110-289) to no longer maintain a 
surety bond or a TDA to avoid recapture.
    Affected Public: Individuals or Households.
    Estimated Annual Burden Hours: 7,810.

    OMB Number: 1545-2144.
    Type of Review: Extension without change of a previously approved 
collection.
    Title: Validating Your TIN and Reasonable Cause.
    Form: 13997.
    Abstract: Under the provisions of Internal Revenue Code Section 
(IRC Sec.  ) 6039E, Information Concerning Resident Status, individuals 
are required to provide certain information (see IRC Sec.  6039E(b)) 
with their application for a U.S. passport or with their application 
for permanent U.S. residence. This form is an attachment to Letter 4318 
to inform the individual about the IRC provisions, the penalty, and to 
request them to complete this form and return it to the IRS.
    Affected Public: Individuals or Households.
    Estimated Annual Burden Hours: 2,000.

    OMB Number: 1545-2221.
    Type of Review: Extension without change of a previously approved 
collection.
    Title: Form 1098-MA--Mortgage Assistance Payments.
    Form: 13997.
    Abstract: Information is needed to identify taxpayers who may not 
be taking a correct mortgage interest deduction, since mortgage 
servicers processing mortgage payments may not be able to segregate 
payments received from government funds versus payments made by 
individual mortgagees.
    Affected Public: State, Local, and Tribal Governments.
    Estimated Annual Burden Hours: 170,000.

    Dated: July 27, 2015.
Dawn D. Wolfgang,
Treasury PRA Clearance Officer.
[FR Doc. 2015-18703 Filed 7-29-15; 8:45 am]
 BILLING CODE 4830-01-P