Advisory Committee to the Internal Revenue Service; Meeting, 70742 [2016-24673]
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70742
Federal Register / Vol. 81, No. 198 / Thursday, October 13, 2016 / Notices
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 1041 and Related
Schedules D, I, J, K–1, and Form
1041–V
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
1041 and related Schedules D, I, J, K–
1 and Form 1041–V, U.S. Income Tax
Return for Estates and Trusts.
DATES: Written comments should be
received on or before December 12, 2016
to be assured of consideration.
ADDRESSES: Direct all written comments
to Tuawana Pinkston, Internal Revenue
Service, Room 6526, 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 Kerry Dennis at
Internal Revenue Service, Room 6526,
1111 Constitution Avenue NW.,
Washington, DC 20224, or through the
internet at Kerry.Dennis@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: U.S. Income Tax Return for
Estates and Trusts (Form 1041), Capital
Gains and Losses (Schedule D),
Alternative Minimum Tax—Estates and
Trusts (Schedule I), Accumulation
Distribution for Certain Complex Trusts
(Schedule J), Beneficiary’s Share of
Income, Deductions, Credits, etc.
(Schedule K–1), and Payment Voucher
(Form 1041–V).
OMB Number: 1545–0092.
Form Number: 1041 and related
Schedules D, I, J, K–1, and 1041–V.
Abstract: IRC section 6012 requires
that an annual income tax return be
filed for estates and trusts. The data is
used by the IRS to determine that the
estates, trusts, and beneficiaries filed the
proper returns and paid the correct tax.
Current Actions: There are no changes
being made to the form at this time.
Lhorne on DSK30JT082PROD with NOTICES
SUMMARY:
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Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations and individuals.
Estimated Number of Respondents:
11,513,150.
Estimated Time per Response: 32
hours, 38 minutes.
Estimated Total Annual Burden
Hours: 375,796,476.
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: September 30, 2016.
Tuawana Pinkston,
IRS Reports Clearance Officer.
[FR Doc. 2016–24663 Filed 10–12–16; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Advisory Committee to the Internal
Revenue Service; Meeting
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice of meeting.
AGENCY:
PO 00000
Frm 00079
Fmt 4703
Sfmt 9990
The Information Reporting
Program Advisory Committee (IRPAC)
will hold a public meeting on
Wednesday, October 26, 2016.
SUMMARY:
Mr.
Michael Deneroff, National Public
Liaison, CL:NPL:SRM, Rm. 7559, 1111
Constitution Avenue NW., Washington,
DC 20224. Phone: 202–317–6851 (not a
toll-free number). Email address:
PublicLiaison@irs.gov.
FOR FURTHER INFORMATION CONTACT:
Notice is
hereby given pursuant to section
10(a)(2) of the Federal Advisory
Committee Act, 5 U.S.C. App. (1988),
that a public meeting of the IRPAC will
be held on Wednesday, October 26,
2016 from 9:00 a.m. to 12:00 p.m. at The
Melrose Georgetown Hotel, 2430
Pennsylvania Ave NW., Washington,
DC, 20037. Report recommendations on
issues that may be discussed include:
Foreign Account Tax Compliance Act;
Complex Debt Reporting Requirements;
IRC § 6050W and Form 1099–K
Reporting; 2016 Form 8949 Instructions;
IRS Publication 1179 Substitute 1099–B
Specifications; Form 1098 Mortgage
Interest Reporting; 529 Accounts; Hard
to Value Assets; IRC § 6050S and Form
1098–T Reporting; Information
Reporting for IRA Assets Escheated to
State Governments and 60-Day Rollover
Relief; Reporting by Insurance
Companies and Applicable Large
Employers under IRC § 6055 and § 6056;
Theft of Business Taxpayer’s Identity;
Reactivation on the on-line Electronic
Account Resolution Tool; Electronic
Furnishing of Forms W–2 and 1095–C;
Improving Frequently Asked Questions;
Form W–9, 972CG Penalty Abatement
Process. Last minute agenda changes
may preclude advance notice. Due to
limited seating and security
requirements, please call or email
Michael Deneroff to confirm your
attendance. Mr. Deneroff can be reached
at 202–317–6851 or PublicLiaison@
irs.gov. Should you wish the IRPAC to
consider a written statement, please call
202–317–6851, or write to: Internal
Revenue Service, Office of National
Public Liaison, CL:NPL:SRM, Room
7559, 1111 Constitution Avenue NW.,
Washington, DC 20224 or email:
PublicLiaison@irs.gov.
SUPPLEMENTARY INFORMATION:
Dated: September 6, 2016.
John Lipold,
Designated Federal Official Branch Chief,
National Public Liaison.
[FR Doc. 2016–24673 Filed 10–12–16; 8:45 am]
BILLING CODE 4830–01–P
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Agencies
[Federal Register Volume 81, Number 198 (Thursday, October 13, 2016)]
[Notices]
[Page 70742]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-24673]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Advisory Committee to the Internal Revenue Service; Meeting
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice of meeting.
-----------------------------------------------------------------------
SUMMARY: The Information Reporting Program Advisory Committee (IRPAC)
will hold a public meeting on Wednesday, October 26, 2016.
FOR FURTHER INFORMATION CONTACT: Mr. Michael Deneroff, National Public
Liaison, CL:NPL:SRM, Rm. 7559, 1111 Constitution Avenue NW.,
Washington, DC 20224. Phone: 202-317-6851 (not a toll-free number).
Email address: PublicLiaison@irs.gov.
SUPPLEMENTARY INFORMATION: Notice is hereby given pursuant to section
10(a)(2) of the Federal Advisory Committee Act, 5 U.S.C. App. (1988),
that a public meeting of the IRPAC will be held on Wednesday, October
26, 2016 from 9:00 a.m. to 12:00 p.m. at The Melrose Georgetown Hotel,
2430 Pennsylvania Ave NW., Washington, DC, 20037. Report
recommendations on issues that may be discussed include: Foreign
Account Tax Compliance Act; Complex Debt Reporting Requirements; IRC
Sec. 6050W and Form 1099-K Reporting; 2016 Form 8949 Instructions; IRS
Publication 1179 Substitute 1099-B Specifications; Form 1098 Mortgage
Interest Reporting; 529 Accounts; Hard to Value Assets; IRC Sec. 6050S
and Form 1098-T Reporting; Information Reporting for IRA Assets
Escheated to State Governments and 60-Day Rollover Relief; Reporting by
Insurance Companies and Applicable Large Employers under IRC Sec. 6055
and Sec. 6056; Theft of Business Taxpayer's Identity; Reactivation on
the on-line Electronic Account Resolution Tool; Electronic Furnishing
of Forms W-2 and 1095-C; Improving Frequently Asked Questions; Form W-
9, 972CG Penalty Abatement Process. Last minute agenda changes may
preclude advance notice. Due to limited seating and security
requirements, please call or email Michael Deneroff to confirm your
attendance. Mr. Deneroff can be reached at 202-317-6851 or
PublicLiaison@irs.gov. Should you wish the IRPAC to consider a written
statement, please call 202-317-6851, or write to: Internal Revenue
Service, Office of National Public Liaison, CL:NPL:SRM, Room 7559, 1111
Constitution Avenue NW., Washington, DC 20224 or email:
PublicLiaison@irs.gov.
Dated: September 6, 2016.
John Lipold,
Designated Federal Official Branch Chief, National Public Liaison.
[FR Doc. 2016-24673 Filed 10-12-16; 8:45 am]
BILLING CODE 4830-01-P