Proposed Collection; Comment Request for Form 8582, 48319 [2017-22402]
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Federal Register / Vol. 82, No. 199 / Tuesday, October 17, 2017 / Notices
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 8582
Internal Revenue Service (IRS),
Treasury.
ACTION: The Internal Revenue Service
(IRS), 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. The
IRS is soliciting comments concerning
information collection requirements
related to Passive Activity Loss
Limitations.
AGENCY:
Written comments should be
received on or before December 18, 2017
to be assured of consideration.
ADDRESSES: Direct all written comments
to L. Brimmer, Internal Revenue
Service, Room 6526, 1111 Constitution
Avenue NW., Washington, DC 20224.
Requests for additional information or
copies of the regulation should be
directed to Taquesha Cain, Room 6526,
1111 Constitution Avenue NW.,
Washington, DC 20224, or through the
internet at Taquesha.R.Cain@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Passive Activity Loss
Limitations.
OMB Number: 1545–1008.
Form Number: 8582.
Abstract: Internal Revenue Code
section 469 limits the passive activity
losses that a taxpayer may deduct. The
passive activity losses from passive
activities, to the extent that they exceed
income from passive activities, cannot
be deducted against nonpassive income.
Form 8582 is used to figure the passive
activity loss allowed and the actual loss
to be reported on the tax returns.
Current Actions: There is no change
in the paperwork burden previously
approved by OMB.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals or
households, estates, and trusts.
Estimated Number of Respondents:
250,000.
Estimated Time per Respondent: 3
hours, 30 minutes.
Estimated Total Annual Burden
Hours: 875,000.
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
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DATES:
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17:10 Oct 16, 2017
Jkt 244001
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: October 12, 2017.
L. Brimmer,
Senior Tax Analyst.
[FR Doc. 2017–22402 Filed 10–16–17; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF VETERANS
AFFAIRS
[OMB Control No. 2900–0089]
Agency Information Collection Activity
Under OMB Review: Statement of
Dependency of Parent(s)
Veterans Benefits
Administration, Department of Veterans
Affairs.
ACTION: Notice.
AGENCY:
In compliance with the
Paperwork Reduction Act (PRA) of
1995, this notice announces that the
Veterans Benefits Administration
(VBA), Department of Veterans Affairs,
will submit the collection of
information abstracted below to the
Office of Management and Budget
(OMB) for review and comment. The
PRA submission describes the nature of
the information collection and its
expected cost and burden and it
includes the actual data collection
instrument.
SUMMARY:
PO 00000
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48319
Comments must be submitted on
or before November 16, 2017.
ADDRESSES: Submit written comments
on the collection of information through
www.Regulations.gov, or to Office of
Information and Regulatory Affairs,
Office of Management and Budget, Attn:
VA Desk Officer; 725 17th St. NW.,
Washington, DC 20503 or sent through
electronic mail to oira_submission@
omb.eop.gov. Please refer to ‘‘OMB
Control No. 2900–0089’’ in any
correspondence.
DATES:
FOR FURTHER INFORMATION CONTACT:
Cynthia Harvey-Pryor, Office of Quality,
Privacy and Risk, Department of
Veterans Affairs, 811 Vermont Avenue,
Floor 5, Area 368, Washington, DC
20420, (202) 461–5870 or email
cynthia.harvey-pryor@va.gov. Please
refer to ‘‘OMB Control No. 2900–0089’’
in any correspondence.
SUPPLEMENTARY INFORMATION:
Authority: 38 U.S.C. 102, 38 U.S.C. 1315.
Title: Statement of Dependency of
Parent(s) VA Form 21P–509.
OMB Control Number: 2900–0089.
Type of Review: Reinstatement with
change of a previously approved
collection.
Abstract: 38 U.S.C. 102 requires that
income and dependency must be
determined before benefits may be paid
to, or for, a dependent parent.
Regulatory authority is found in 38 CFR
3.4 and 38 CFR 3.250. Information is
requested by this form under the
authority of 38 U.S.C. 501(a)(2).
VA Form 21P–509 is used by VBA to
gather income and dependency
information from claimants who are
seeking payment of benefits as, or for, a
dependent parent. This information is
necessary to determine dependency of
the parent and make determinations
which affect the payment of monetary
benefits. The form is used by a veteran
seeking to establish his/her parent(s) as
dependent(s), and by a surviving parent
seeking death compensation.
An agency may not conduct or
sponsor, and a person is not required to
respond to a collection of information
unless it displays a currently valid OMB
control number. The Federal Register
Notice with a 60-day comment period
soliciting comments on this collection
of information was published at 82 FR
37168 on August 8, 2017.
Affected Public: Individuals or
Households.
Estimated Annual Burden: 4,000.
Estimated Average Burden per
Respondent: 30 minutes.
Frequency of Response: Once, ad hoc.
Estimated Number of Respondents:
8,000.
E:\FR\FM\17OCN1.SGM
17OCN1
]]>Agencies
[Federal Register Volume 82, Number 199 (Tuesday, October 17, 2017)]
[Notices]
[Page 48319]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-22402]
[[Page 48319]]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 8582
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: The Internal Revenue Service (IRS), 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. The IRS is soliciting comments
concerning information collection requirements related to Passive
Activity Loss Limitations.
-----------------------------------------------------------------------
DATES: Written comments should be received on or before December 18,
2017 to be assured of consideration.
ADDRESSES: Direct all written comments to L. Brimmer, Internal Revenue
Service, Room 6526, 1111 Constitution Avenue NW., Washington, DC 20224.
Requests for additional information or copies of the regulation should
be directed to Taquesha Cain, Room 6526, 1111 Constitution Avenue NW.,
Washington, DC 20224, or through the internet at
Taquesha.R.Cain@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Passive Activity Loss Limitations.
OMB Number: 1545-1008.
Form Number: 8582.
Abstract: Internal Revenue Code section 469 limits the passive
activity losses that a taxpayer may deduct. The passive activity losses
from passive activities, to the extent that they exceed income from
passive activities, cannot be deducted against nonpassive income. Form
8582 is used to figure the passive activity loss allowed and the actual
loss to be reported on the tax returns.
Current Actions: There is no change in the paperwork burden
previously approved by OMB.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals or households, estates, and trusts.
Estimated Number of Respondents: 250,000.
Estimated Time per Respondent: 3 hours, 30 minutes.
Estimated Total Annual Burden Hours: 875,000.
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: October 12, 2017.
L. Brimmer,
Senior Tax Analyst.
[FR Doc. 2017-22402 Filed 10-16-17; 8:45 am]
BILLING CODE 4830-01-P
