Proposed Information Collection; Comment Request, 12078-12079 [2018-05520]
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Federal Register / Vol. 83, No. 53 / Monday, March 19, 2018 / Notices
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Information Collection;
Comment Request
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.
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, or
at Elaine.H.Christophe@irs.gov.
FOR FURTHER INFORMATION CONTACT:
Please send separate comments for each
specific information collection listed
below. You must reference the
information collection’s title, form
number, reporting or record-keeping
requirement number, and OMB number
(if any) in your comment. Requests for
additional information, or copies of the
information collection and instructions,
or copies of any comments received,
contact Elaine Christophe, at (202) 317–
5745 at Internal Revenue Service, Room
6526, 1111 Constitution Avenue NW,
Washington, DC 20224, or through the
internet, at Elaine.H.Christophe@irs.gov.
Request for Comments: Comments
submitted in response to this notice will
be summarized and/or included in our
request for Office of Management and
Budget (OMB) approval of the relevant
information collection. All comments
will become a matter of public record.
Please do not include any confidential
or inappropriate material in your
comments.
We invite comments on: (a) Whether
the collection of information is
necessary for the proper performance of
the agency’s functions, including
whether the information has 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
the use of automated collection
techniques or other forms of information
technology; and (e) estimates of capital
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SUMMARY:
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16:43 Mar 16, 2018
Jkt 244001
or start-up costs and costs of operation,
maintenance, and purchase of services
to provide the requested information.
The IRS is seeking comments
concerning the following forms, and
reporting and record-keeping
requirements:
SUPPLEMENTARY INFORMATION:
1. Title: Heavy Highway Vehicle Use
Tax Return.
OMB Number: 1545–0143.
Abstract: Form 2290 and 2290(SP) are
used to compute and report the tax
imposed by section 4481 on the
highway use of certain motor vehicles.
The information is used to determine
whether the taxpayer has paid the
correct amount of tax.
Current Actions: There are no changes
being made to Form 2290 or 2290(SP) at
this time.
Type of Review: Extension of a current
OMB approval.
Affected Public: Individuals or
households.
Estimated Number of Responses:
1,209,000.
Estimated Time per Response: 22
hours, 26 minutes.
Estimated Total Annual Burden
Hours: 27,120,040.
2. Title: Exemption From Withholding
on Compensation for Independent (and
Certain Dependent) Personal Services of
a Nonresident Alien Individual.
OMB Number: 1545–0795.
Form Number: 8233.
Abstract: Compensation paid to a
nonresident alien individual for
independent personal services (selfemployment) is generally subject to
30% withholding or graduated rates.
However, such compensation may be
exempt from withholding because of a
U.S. tax treaty or the personal
exemption amount. Form 8233 is used
to request exemption from withholding.
Nonresident alien students, teachers,
and researchers performing dependent
personal services also use Form 8233 to
request exemption from withholding.
Current Actions: There are no changes
to the burden previously approved by
OMB.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals, business
or other for-profit organizations, and
not-for-profit institutions.
Estimated Number of Respondents:
75,617.
Estimated Time per Respondent: 9
hrs., 3 min.
Estimated Total Annual Burden
Hours: 684,334.
3. Title: Credit for Prior Year
Minimum Tax—Individuals, Estates,
and Trusts.
PO 00000
Frm 00125
Fmt 4703
Sfmt 4703
OMB Number: 1545–1073.
Form Number: 8801.
Abstract: Form 8801 is used by
individuals, estates, and trusts to
compute the minimum tax credit, if any,
available from a tax year beginning after
1986 to be used in the current year or
to be carried forward for use in a future
year.
Current Actions: There are no changes
to the burden previously approved by
OMB.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals or
households.
Estimated Number of Responses:
12,914.
Estimated Time per Response: 7
hours, 4 mins.
Estimated Total Annual Burden
Hours: 91,173.
4. Title: Qualified Electric Vehicle
Credit.
OMB Number: 1545–1374.
Form Number: Form 8834.
Abstract: Form 8834 is used to claim
any qualified electric vehicle passive
activity credit allowed for the current
tax year. The IRS uses the information
on the form to determine that the credit
is allowable and has been properly
computed.
Current Actions: There are no changes
being made to the form.
Type of Review: Extension of a
currently approved collection.
Affected Pubic: Individuals or
households and businesses or other forprofit organizations.
Estimated Number of Respondents:
3,136.
Estimated Time per Respondent: 4
hours, 47 minutes.
Estimated Total Annual Burden
Hours: 15,022.
5. Title: HSA, Archer MSA, or
Medicare Advantage MSA Information.
OMB Number: 1545–1518.
Form Number: 5498–SA.
Abstract: This form is used to report
contributions to a medical savings
account as required by Internal Revenue
Code section 220(h).
Current Actions: There are no changes
being made to the form at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses or other
for-profit organizations.
Estimated Number of Responses:
9,167.
Estimated Time per Response: 10 min.
Estimated Total Annual Burden
Hours: 1,559.
6. Title: Automatic Consent for
Eligible Educational Institution to
Change Reporting Methods.
OMB Number: 1545–1952.
E:\FR\FM\19MRN1.SGM
19MRN1
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.
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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
]]>Agencies
[Federal Register Volume 83, Number 53 (Monday, March 19, 2018)]
[Notices]
[Pages 12078-12079]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-05520]
[[Page 12078]]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Information Collection; Comment Request
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
SUMMARY: 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.
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, or at [email protected].
FOR FURTHER INFORMATION CONTACT: Please send separate comments for each
specific information collection listed below. You must reference the
information collection's title, form number, reporting or record-
keeping requirement number, and OMB number (if any) in your comment.
Requests for additional information, or copies of the information
collection and instructions, or copies of any comments received,
contact Elaine Christophe, at (202) 317-5745 at Internal Revenue
Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224,
or through the internet, at [email protected].
Request for Comments: Comments submitted in response to this notice
will be summarized and/or included in our request for Office of
Management and Budget (OMB) approval of the relevant information
collection. All comments will become a matter of public record. Please
do not include any confidential or inappropriate material in your
comments.
We invite comments on: (a) Whether the collection of information is
necessary for the proper performance of the agency's functions,
including whether the information has 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 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 the
requested information.
The IRS is seeking comments concerning the following forms, and
reporting and record-keeping requirements:
SUPPLEMENTARY INFORMATION:
1. Title: Heavy Highway Vehicle Use Tax Return.
OMB Number: 1545-0143.
Abstract: Form 2290 and 2290(SP) are used to compute and report the
tax imposed by section 4481 on the highway use of certain motor
vehicles. The information is used to determine whether the taxpayer has
paid the correct amount of tax.
Current Actions: There are no changes being made to Form 2290 or
2290(SP) at this time.
Type of Review: Extension of a current OMB approval.
Affected Public: Individuals or households.
Estimated Number of Responses: 1,209,000.
Estimated Time per Response: 22 hours, 26 minutes.
Estimated Total Annual Burden Hours: 27,120,040.
2. Title: Exemption From Withholding on Compensation for
Independent (and Certain Dependent) Personal Services of a Nonresident
Alien Individual.
OMB Number: 1545-0795.
Form Number: 8233.
Abstract: Compensation paid to a nonresident alien individual for
independent personal services (self-employment) is generally subject to
30% withholding or graduated rates. However, such compensation may be
exempt from withholding because of a U.S. tax treaty or the personal
exemption amount. Form 8233 is used to request exemption from
withholding. Nonresident alien students, teachers, and researchers
performing dependent personal services also use Form 8233 to request
exemption from withholding.
Current Actions: There are no changes to the burden previously
approved by OMB.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals, business or other for-profit
organizations, and not-for-profit institutions.
Estimated Number of Respondents: 75,617.
Estimated Time per Respondent: 9 hrs., 3 min.
Estimated Total Annual Burden Hours: 684,334.
3. Title: Credit for Prior Year Minimum Tax--Individuals, Estates,
and Trusts.
OMB Number: 1545-1073.
Form Number: 8801.
Abstract: Form 8801 is used by individuals, estates, and trusts to
compute the minimum tax credit, if any, available from a tax year
beginning after 1986 to be used in the current year or to be carried
forward for use in a future year.
Current Actions: There are no changes to the burden previously
approved by OMB.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals or households.
Estimated Number of Responses: 12,914.
Estimated Time per Response: 7 hours, 4 mins.
Estimated Total Annual Burden Hours: 91,173.
4. Title: Qualified Electric Vehicle Credit.
OMB Number: 1545-1374.
Form Number: Form 8834.
Abstract: Form 8834 is used to claim any qualified electric vehicle
passive activity credit allowed for the current tax year. The IRS uses
the information on the form to determine that the credit is allowable
and has been properly computed.
Current Actions: There are no changes being made to the form.
Type of Review: Extension of a currently approved collection.
Affected Pubic: Individuals or households and businesses or other
for-profit organizations.
Estimated Number of Respondents: 3,136.
Estimated Time per Respondent: 4 hours, 47 minutes.
Estimated Total Annual Burden Hours: 15,022.
5. Title: HSA, Archer MSA, or Medicare Advantage MSA Information.
OMB Number: 1545-1518.
Form Number: 5498-SA.
Abstract: This form is used to report contributions to a medical
savings account as required by Internal Revenue Code section 220(h).
Current Actions: There are no changes being made to the form at
this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Businesses or other for-profit organizations.
Estimated Number of Responses: 9,167.
Estimated Time per Response: 10 min.
Estimated Total Annual Burden Hours: 1,559.
6. Title: Automatic Consent for Eligible Educational Institution to
Change Reporting Methods.
OMB Number: 1545-1952.
[[Page 12079]]
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
for-profit 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 for-profit 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.
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
