Proposed Collection; Comment Request for United States Gift (and Generation-Skipping Transfer) Tax Return, 18969 [2017-08155]

Download as PDF Federal Register / Vol. 82, No. 77 / Monday, April 24, 2017 / Notices Written comments should be received on or before June 23, 2017 to be assured of consideration. ADDRESSES: Direct all written comments to Laurie Brimmer, Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW., Washington, DC 20224. SUPPLEMENTARY INFORMATION: Title: VITA/TCE Volunteer Program. OMB Number: 1545–2222. Form Number: Forms 8653, 8654, 14204, 13715, and 13206. Abstract: The Internal Revenue Service offers free assistance with tax return preparation and tax counseling using specially trained volunteers. The Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE) programs assist seniors and individuals with low to moderate incomes, those with disabilities, and those for whom English is a second language. Current Actions: There is a change in the paperwork burden previously approved by OMB. The agency has updated the number of respondents to reflect the most recent data available. In addition, no approval is being requested for Form 14310 as the form was made obsolete in 2016 as the process is now part of Link and Learn (a self-paced elearning for the Volunteer Income Tax Assistance and Tax Counseling for the Elderly (VITA/TCE) program). Type of Review: Revision of a currently approved collection. Affected Public: Individuals and Households. Estimated Number of Respondents: 45,100. Estimated Average Time per Respondent: 21 minutes. Estimate Total Annual Burden Hours: 16,097. 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 jstallworth on DSK7TPTVN1PROD with NOTICES DATES: VerDate Sep<11>2014 13:48 Apr 21, 2017 Jkt 241001 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: April 12, 2017. Laurie Brimmer, Senior Tax Analyst. [FR Doc. 2017–08153 Filed 4–21–17; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for United States Gift (and Generation-Skipping Transfer) Tax Return 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. Currently, the IRS is soliciting comments concerning United States Gift (and Generation-Skipping Transfer) Tax Return. DATES: Written comments should be received on or before June 23, 2017 to be assured of consideration. ADDRESSES: Direct all written comments to Laurie E. Brimmer, Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW., Washington, DC 20224. Requests for additional copies of the form and instructions should be directed to Martha R. Brinson, Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW., Washington, DC 20224, or through the Internet at Martha.R.Brinson@irs.gov. SUPPLEMENTARY INFORMATION: Title: United States Gift (and Generation-Skipping Transfer) Tax Return. SUMMARY: PO 00000 Frm 00081 Fmt 4703 Sfmt 9990 18969 OMB Number: 1545–0020. Form Number: 709. Abstract: Form 709 is used by individuals to report transfers subject to the gift and generation-skipping transfer taxes and to compute these taxes. The IRS uses the information to collect and enforce these taxes, to verify that the taxes are properly computed, and to compute the tax base for the estate tax. Current Actions: On page 4, Schedule C, Part 2, added new entry box (Restored Exclusion Amount) for line 5. Type of Review: Revision of a currently approved collection. Affected Public: Individuals or households. Estimated Number of Respondents: 278,500. Estimated Time per Respondent: 6.2 hours. Estimated Total Annual Burden Hours: 1,726,700. 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: April 17, 2017. Laurie E. Brimmer, Senior Tax Analyst. [FR Doc. 2017–08155 Filed 4–21–17; 8:45 am] BILLING CODE 4830–01–P E:\FR\FM\24APN1.SGM 24APN1

Agencies

[Federal Register Volume 82, Number 77 (Monday, April 24, 2017)]
[Notices]
[Page 18969]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-08155]


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

DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for United States Gift (and 
Generation-Skipping Transfer) Tax Return

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. Currently, the IRS is soliciting 
comments concerning United States Gift (and Generation-Skipping 
Transfer) Tax Return.

DATES: Written comments should be received on or before June 23, 2017 
to be assured of consideration.

ADDRESSES: Direct all written comments to Laurie E. Brimmer, Internal 
Revenue Service, Room 6526, 1111 Constitution Avenue NW., Washington, 
DC 20224. Requests for additional copies of the form and instructions 
should be directed to Martha R. Brinson, Internal Revenue Service, Room 
6526, 1111 Constitution Avenue NW., Washington, DC 20224, or through 
the Internet at Martha.R.Brinson@irs.gov.

SUPPLEMENTARY INFORMATION: 
    Title: United States Gift (and Generation-Skipping Transfer) Tax 
Return.
    OMB Number: 1545-0020.
    Form Number: 709.
    Abstract: Form 709 is used by individuals to report transfers 
subject to the gift and generation-skipping transfer taxes and to 
compute these taxes. The IRS uses the information to collect and 
enforce these taxes, to verify that the taxes are properly computed, 
and to compute the tax base for the estate tax.
    Current Actions: On page 4, Schedule C, Part 2, added new entry box 
(Restored Exclusion Amount) for line 5.
    Type of Review: Revision of a currently approved collection.
    Affected Public: Individuals or households.
    Estimated Number of Respondents: 278,500.
    Estimated Time per Respondent: 6.2 hours.
    Estimated Total Annual Burden Hours: 1,726,700.
    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: April 17, 2017.
Laurie E. Brimmer,
Senior Tax Analyst.
[FR Doc. 2017-08155 Filed 4-21-17; 8:45 am]
 BILLING CODE 4830-01-P
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.