Proposed Collection; Comment Request for Form 8621, 12079-12080 [2018-05515]
Download as PDF
sradovich on DSK3GMQ082PROD with NOTICES
Federal Register / Vol. 83, No. 53 / Monday, March 19, 2018 / Notices
Form Number: Rev. Proc 2005–50.
Abstract: This revenue procedure
prescribes how an eligible educational
institution may obtain automatic
consent from the Service to change its
method of reporting under section
6050(S) of the Code and the Income Tax
Regulations.
Current Actions: There is no change
in the paperwork burden previously
approved by OMB. This form is being
submitted for renewal purposes only.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals and
Households, Businesses and other forprofit organizations.
Estimated Number of Respondents:
30.
Estimated Time per Respondent: 10
hours.
Estimated Total Annual Burden
Hours: 300.
7. Title: Designated Roth
Contributions.
OMB Number: 1545–1992.
Regulation Project Number: REG–
146459–05 (TD 9324).
Abstract: These final regulations
provide guidance concerning the
taxation of distributions from
designated Roth accounts under
qualified cash or deferred arrangements
under section 401(k).
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business, other forprofit organizations.
Estimated Number of Responses:
997,000.
Estimated Time per Response: 50 min.
Estimated Total Annual Burden
Hours: 828,000.
8. Title: Mortgage Assistance
Payments.
OMB Number: 1545–2221.
Form Number: Form 1098–MA.
Abstract: This form is a statement
reported to the IRS and to taxpayers. It
will be filed and furnished by State
Housing Finance Agencies (HFAs) and
HUD to report the total amounts of
mortgage assistance payments and
homeowner mortgage payments made to
mortgage servicers. The requirement for
the statement are authorized by Notice
2011–14, supported by Public Law 111–
203, sec. 1496, and Public Law 110–343,
Division A, sec. 109.
Current Actions: There were no
changes made to the document that
resulted in any change to the burden
previously reported to OMB. We are
making this submission to renew the
OMB approval.
Type of Review: Extension to
previously approved IC.
VerDate Sep<11>2014
16:43 Mar 16, 2018
Jkt 244001
Affected Public: Individuals, Federal
Government, State, Local, or Tribal
Governments, and other Not-for-profit
organizations.
Estimated Number of Respondents:
60,000.
Estimated Time per Respondent: 2
hours 50 minutes.
Estimated Total Annual Burden
Hours: 170,400.
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.
Approved: March 13, 2018.
Laurie Brimmer,
Senior Tax Analyst.
[FR Doc. 2018–05520 Filed 3–16–18; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 8621
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
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 information
collections, as required by the
Paperwork Reduction Act of 1995. The
IRS is soliciting comments concerning
Return by a Shareholder of a Passive
Foreign Investment Company or
Qualified Electing Fund.
DATES: Written comments should be
received on or before May 18, 2018 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.
SUMMARY:
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the form should be directed to
Martha R. Brinson, at (202) 317–5753 or
at Internal Revenue Service, Room 6526,
PO 00000
Frm 00126
Fmt 4703
Sfmt 4703
12079
1111 Constitution Avenue NW,
Washington, DC 20224, or through the
internet at Martha.R.Brinson@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Return by a Shareholder of a
Passive Foreign Investment Company or
Qualified Electing Fund.
OMB Number: 1545–1002.
Form Number: 8621.
Abstract: Form 8621 is filed by a U.S.
shareholder who owns stock in a foreign
investment company. The form is used
to report income, make an election to
extend the time for payment of tax, and
to pay an additional tax and interest
amount. The IRS uses Form 8621 to
determine if these shareholders have
correctly reported amounts of income,
made the election correctly, and have
correctly computed the additional tax
and interest amount.
Current Actions: There are no changes
being made to Form 8621 at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses or other
for-profit organizations and individuals.
Estimated Number of Responses:
1,333.
Estimated Time per Respondent: 48
hr. 44 min.
Estimated Total Annual Burden
Hours: 64,971.
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
E:\FR\FM\19MRN1.SGM
19MRN1
12080
Federal Register / Vol. 83, No. 53 / Monday, March 19, 2018 / Notices
technology; and (e) estimates of capital
or start-up costs and costs of operation,
maintenance, and purchase of services
to provide information.
Approved: March 13, 2018.
Laurie Brimmer,
Senior Tax Analyst.
[FR Doc. 2018–05515 Filed 3–16–18; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 8717
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 proposed
and/or continuing information
collections, as required by the
Paperwork Reduction Act of 1995.
Currently, the IRS is soliciting
comments concerning Form 8717, User
Fee for Employee Plan Determination
Letter Request.
DATES: Written comments should be
received on or before May 18, 2018 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.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the form and instructions
should be directed to LaNita Van Dyke
at (202)317–6009, Internal Revenue
Service, room 6526, 1111 Constitution
Avenue NW, Washington, DC 20224 or
through the internet at
Lanita.VanDyke@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Form 8717, User Fee for
Employee Plan Determination Letter
Request.
OMB Number: 1545–1772.
Form Number: 8717.
Abstract: The Omnibus Reconciliation
Act of 1990 requires payment of a ‘‘user
fee’’ with each application for a
determination letter. Form 8717 was
created to provide filers the means to
make payment and indicate the type of
request.
Current Actions: There is no change to
Form 8717.
Type of Review: Extension of a
currently approved collection.
sradovich on DSK3GMQ082PROD with NOTICES
SUMMARY:
VerDate Sep<11>2014
16:43 Mar 16, 2018
Jkt 244001
Affected Public: Business or other forprofit organization, and not-for-profit
institutions.
Estimated Number of Responses:
39,000.
Estimated Time per Response: 11
Hours, 24 minutes.
Estimated Total Annual Burden
Hours: 445,770.
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: March 12, 2018.
Laurie Brimmer,
Senior Tax Analyst.
[FR Doc. 2018–05538 Filed 3–16–18; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 8896
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
The Internal Revenue Service
(IRS), as part of its continuing effort to
SUMMARY:
PO 00000
Frm 00127
Fmt 4703
Sfmt 4703
reduce paperwork and respondent
burden, invites the general public and
other Federal agencies to take this
opportunity to comment on information
collections, as required by the
Paperwork Reduction Act of 1995. The
IRS is soliciting comments concerning
Low Sulfur Diesel Fuel Production
Credit.
Written comments should be
received on or before May 18, 2018 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.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the form should be directed to
Martha R. Brinson, at (202) 317–5753 or
at 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: Low Sulfur Diesel Fuel
Production Credit.
OMB Number: 1545–1914.
Form Number: 8896.
Abstract: IRC section 45H allows
small business refiners to claim a credit
for the production of low sulfur diesel
fuel. The American Jobs Creation Act of
2004 section 399 brought it into
existence. Form 8896 will allow
taxpayers to use a standardized format
to claim this credit.
Current Actions: There are no changes
being made to Form 8896 at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit.
Estimated Number of Respondents:
66.
Estimated Time per Respondent: 3 hr.,
59 mins.
Estimated Total Annual Burden
Hours: 260.
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
DATES:
E:\FR\FM\19MRN1.SGM
19MRN1
Agencies
[Federal Register Volume 83, Number 53 (Monday, March 19, 2018)]
[Notices]
[Pages 12079-12080]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-05515]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 8621
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
SUMMARY: 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 information collections, as required by the Paperwork Reduction Act
of 1995. The IRS is soliciting comments concerning Return by a
Shareholder of a Passive Foreign Investment Company or Qualified
Electing Fund.
DATES: Written comments should be received on or before May 18, 2018 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.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the form should be directed to Martha R. Brinson, at (202)
317-5753 or at Internal Revenue Service, Room 6526, 1111 Constitution
Avenue NW, Washington, DC 20224, or through the internet at
[email protected].
SUPPLEMENTARY INFORMATION:
Title: Return by a Shareholder of a Passive Foreign Investment
Company or Qualified Electing Fund.
OMB Number: 1545-1002.
Form Number: 8621.
Abstract: Form 8621 is filed by a U.S. shareholder who owns stock
in a foreign investment company. The form is used to report income,
make an election to extend the time for payment of tax, and to pay an
additional tax and interest amount. The IRS uses Form 8621 to determine
if these shareholders have correctly reported amounts of income, made
the election correctly, and have correctly computed the additional tax
and interest amount.
Current Actions: There are no changes being made to Form 8621 at
this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Businesses or other for-profit organizations and
individuals.
Estimated Number of Responses: 1,333.
Estimated Time per Respondent: 48 hr. 44 min.
Estimated Total Annual Burden Hours: 64,971.
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
[[Page 12080]]
technology; and (e) estimates of capital or start-up costs and costs of
operation, maintenance, and purchase of services to provide
information.
Approved: March 13, 2018.
Laurie Brimmer,
Senior Tax Analyst.
[FR Doc. 2018-05515 Filed 3-16-18; 8:45 am]
BILLING CODE 4830-01-P