Proposed Collection; Comment Request for Federal Insurance Contributions Act (FICA) Taxation of Amounts Under Employee Benefit Plans (T.D. 8814), 49266 [2017-23087]
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49266
Federal Register / Vol. 82, No. 204 / Tuesday, October 24, 2017 / Notices
maintenance, and purchase of services
to provide information.
Approved: October 18, 2017.
L. Brimmer,
Senior Tax Analyst.
[FR Doc. 2017–23084 Filed 10–23–17; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Federal Insurance
Contributions Act (FICA) Taxation of
Amounts Under Employee Benefit
Plans (T.D. 8814)
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 the treatment amounts
deferred under certain nonqualified
deferred compensation plans.
AGENCY:
Written comments should be
received on or before December 26, 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.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the regulation should be
directed to Taquesha Cain, at (202) 317–
8979 room 6526, 1111 Constitution
Avenue NW., Washington, DC 20224, or
through the internet at
Taquesha.R.Cain@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Federal Insurance Contributions
Act (FICA) Taxation of Amounts Under
Employee Benefit Plans.
OMB Number: 1545–1643.
Regulation Project Number: T.D. 8814
Abstract: Internal Revenue Code
section 3121(v)(2) provides guidance as
to when amounts deferred under or paid
from a nonqualified deferred
compensation plan are taken into
account as wages for purposes of the
employment taxes imposed by the
Federal Insurance Contributions Act
(FICA). Section 3121(v)(2), relating to
treatment of certain nonqualified
deferred compensation, was added to
asabaliauskas on DSKBBXCHB2PROD with NOTICES
DATES:
VerDate Sep<11>2014
17:47 Oct 23, 2017
Jkt 244001
the Code by section 324 of the Social
Security Amendments of 1983. These
regulations provide guidance to
employers who maintain nonqualified
deferred compensation plans and to
participants in those plans.
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: Business or other forprofit organizations and not-for-profit
institutions.
Estimated Number of Respondents:
2,500.
Estimated Time per Respondent: 5
hours.
Estimated Total Annual Burden
Hours: 12,500.
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 18, 2017.
L. Brimmer,
Senior Tax Analyst.
[FR Doc. 2017–23087 Filed 10–23–17; 8:45 am]
BILLING CODE 4830–01–P
PO 00000
Frm 00095
Fmt 4703
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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 Internal Revenue Service,
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 continuing
information collections, as required by
the Paperwork Reduction Act of 1995.
The IRS is soliciting comments
concerning the declaration for federal
employment.
SUMMARY:
Written comments should be
received on or before December 26, 2017
to be assured of consideration.
ADDRESSES: Direct all written comments
to L. Brimmer, Internal Revenue
Service, room 6529, 1111 Constitution
Avenue NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the form should be directed to
Kerry Dennis, at (202) 317–5751,
Internal Revenue Service, Room 6529,
1111 Constitution Avenue NW.,
Washington DC 20224, or through the
internet, at Kerry.Dennis@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Continuation Sheet for Item #16
(Additional Information) OF–306,
Declaration for Federal Employment.
OMB Number: 1545–1921.
Regulation Project Number: Form
12114.
Abstract: This form is used by
recruitment personnel of the Covington
Host Site. This form is provided to
applicants when completing OF 306,
Declaration for Federal Employment. It
is used as a continuation sheet to clearly
define additional information that is
requested in item 15 of the OF 306. Due
to lack of space on the OF 306 this form
can be used in lieu of an additional
sheet of paper.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals or
households.
Estimated Number of Respondents:
24,813.
Estimated Time per Respondent: 15
minutes.
Estimated Total Annual Burden
Hours: 6,203.
DATES:
E:\FR\FM\24OCN1.SGM
24OCN1
]]>Agencies
[Federal Register Volume 82, Number 204 (Tuesday, October 24, 2017)]
[Notices]
[Page 49266]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-23087]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Federal Insurance
Contributions Act (FICA) Taxation of Amounts Under Employee Benefit
Plans (T.D. 8814)
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 the treatment
amounts deferred under certain nonqualified deferred compensation
plans.
-----------------------------------------------------------------------
DATES: Written comments should be received on or before December 26,
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.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the regulation should be directed to Taquesha Cain, at (202)
317-8979 room 6526, 1111 Constitution Avenue NW., Washington, DC 20224,
or through the internet at [email protected].
SUPPLEMENTARY INFORMATION:
Title: Federal Insurance Contributions Act (FICA) Taxation of
Amounts Under Employee Benefit Plans.
OMB Number: 1545-1643.
Regulation Project Number: T.D. 8814
Abstract: Internal Revenue Code section 3121(v)(2) provides
guidance as to when amounts deferred under or paid from a nonqualified
deferred compensation plan are taken into account as wages for purposes
of the employment taxes imposed by the Federal Insurance Contributions
Act (FICA). Section 3121(v)(2), relating to treatment of certain
nonqualified deferred compensation, was added to the Code by section
324 of the Social Security Amendments of 1983. These regulations
provide guidance to employers who maintain nonqualified deferred
compensation plans and to participants in those plans.
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: Business or other for-profit organizations and
not-for-profit institutions.
Estimated Number of Respondents: 2,500.
Estimated Time per Respondent: 5 hours.
Estimated Total Annual Burden Hours: 12,500.
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 18, 2017.
L. Brimmer,
Senior Tax Analyst.
[FR Doc. 2017-23087 Filed 10-23-17; 8:45 am]
BILLING CODE 4830-01-P
