Agency Information Collection Activities; Submission for OMB Review; Comment Request; Multiple IRS Information Collection Requests, 12461-12464 [2018-05710]
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not originally manufactured to conform
to all applicable FMVSS (49 CFR 571)
shall be refused admission into the
United States unless NHTSA has
decided that the motor vehicle is
substantially similar to a motor vehicle
originally manufactured for importation
into and sale in the United States,
certified under 49 U.S.C. 30115, and of
the same model year as the model of the
motor vehicle to be compared, and is
capable of being readily altered to
conform to all applicable FMVSS.
Petitions for eligibility decisions may
be submitted by either manufacturers or
importers who have registered with
NHTSA pursuant to 49 CFR part 592. As
specified in 49 CFR 593.7 Processing of
Petitions, NHTSA publishes notice in
the Federal Register of each petition
that it receives, and affords interested
persons an opportunity to comment on
the petition. At the close of the
comment period, NHTSA decides, on
the basis of the petition and any
comments that it has received, whether
the vehicle is eligible for importation.
The agency then publishes this decision
in the Federal Register.
II. Summary of Petition: J.K.
Technologies, LLC (JK), of Baltimore,
Maryland (Registered Importer R–90–
006) has petitioned NHTSA to decide
whether nonconforming MY 2013 and
2014 Victory Hammer 8-Ball
motorcycles are eligible for importation
into the United States. The vehicles that
JK believes are substantially similar are
MY 2013 and 2014 Victory Hammer 8Ball motorcycles manufactured for sale
in the United States, and certified by
their manufacturer as conforming to all
applicable FMVSS.
The petitioner submitted information
that it claimed it received from the
manufacturer of the vehicles, Victory
Motorcycles (Polaris Industries, Inc.) to
demonstrate that non-U.S.-certified MY
2013 and 2014 Victory Hammer 8-Ball
motorcycles, as originally
manufactured, conform to many
applicable FMVSS in the same manner
as their U.S.-certified counterparts, or
are capable of being readily altered to
conform to those standards.
Specifically, the petitioner claims that
the non-U.S.-certified MY 2013 and
2014 Victory Hammer 8-Ball
motorcycles, as originally
manufactured, conform to the following
standards: FMVSS Nos. 106 Brake
Hoses, 116 Motor Vehicle Brake Fluids,
119 New Pneumatic Tires for Motor
Vehicles with a GVWR of More than
4,536 Kilograms (10,000 Pounds) and
Motorcycles, 122 Motorcycle Brake
Systems, and 205 Glazing Materials.
The petitioner also contends that the
subject non-U.S. certified vehicles are
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capable of being readily altered to meet
the following standards in the manners
indicated:
Standard No. 108 Lamps, Reflective
Devices, and Associated Equipment:
The headlamp must be replaced with
the U.S.-model component. In addition,
U.S.-model front and rear side mounted
reflex reflectors, and a rear center
mounted reflex reflector must be
installed.
Standard No. 111 Rearview Mirrors:
The mirror must be replaced with the
U.S.-model part or etched to show any
required labeling.
Standard No. 120 Tire Selection and
Rims and Motor Home/Recreation
Vehicle Trailer Load Carrying Capacity
Information for Motor Vehicles with a
GVWR of More than 4,536 Kilograms
(10,000 Pounds): The petitioner states
that their Registered Importer
Certification Label, which must be
affixed to the vehicle to satisfy the
requirements of 49 CFR part 567,
Certification, will include the necessary
tire, rim, tire pressure and weight rating
information.
Standard No. 123 Motorcycle
Controls and Displays: The instrument
cluster must be replaced with the U.S.model part.
III. Comments: All comments received
before the close of business on the
closing date indicated above will be
considered, and will be available for
examination in the docket at the above
addresses both before and after that
date. To the extent possible, comments
filed after the closing date will also be
considered. Notice of final action on the
petition will be published in the
Federal Register pursuant to the
authority indicated below.
Authority: 49 U.S.C. 30141(a)(1)(A),
(a)(1)(B), and (b)(1); 49 CFR 593.7; delegation
of authority at 49 CFR 1.95 and 501.8.
Claudia Covell,
Acting Director, Office of Vehicle Safety
Compliance.
[FR Doc. 2018–05720 Filed 3–20–18; 8:45 am]
BILLING CODE 4910–59–P
DEPARTMENT OF THE TREASURY
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request; Multiple
IRS Information Collection Requests
Departmental Offices, U.S.
Department of the Treasury.
ACTION: Notice.
AGENCY:
The Department of the
Treasury will submit the following
information collection requests to the
SUMMARY:
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12461
Office of Management and Budget
(OMB) for review and clearance in
accordance with the Paperwork
Reduction Act of 1995, on or after the
date of publication of this notice. The
public is invited to submit comments on
these requests.
DATES: Comments should be received on
or before April 20, 2018 to be assured
of consideration.
ADDRESSES: Send comments regarding
the burden estimate, or any other aspect
of the information collection, including
suggestions for reducing the burden, to
(1) Office of Information and Regulatory
Affairs, Office of Management and
Budget, Attention: Desk Officer for
Treasury, New Executive Office
Building, Room 10235, Washington, DC
20503, or email at OIRA_Submission@
OMB.EOP.gov and (2) Treasury PRA
Clearance Officer, 1750 Pennsylvania
Ave. NW, Suite 8142, Washington, DC
20220, or email at PRA@treasury.gov.
FOR FURTHER INFORMATION CONTACT:
Copies of the submissions may be
obtained from Jennifer Quintana by
emailing PRA@treasury.gov, calling
(202) 622–0489, or viewing the entire
information collection request at
www.reginfo.gov.
SUPPLEMENTARY INFORMATION:
Internal Revenue Service (IRS)
Title: Employer’s Annual Railroad
Retirement Tax Return.
OMB Control Number: 1545–0001.
Type of Review: Extension without
change of a currently approved
collection.
Abstract: Railroad employers are
required to file an annual return to
report employer and employee Railroad
Retirement Tax Act (RRTA). Form CT–
1 is used for this purpose. IRS uses the
information to insure that the employer
has paid the correct tax.
Forms: CT–1, CT1X.
Affected Public: Businesses or other
for-profits.
Estimated Total Annual Burden
Hours: 39,455.
Title: Form 637—Application for
Registration For Certain Excise Tax
Activities.
OMB Control Number: 1545–0014.
Type of Review: Revision of a
currently approved collection.
Abstract: Form 637 is used to apply
for excise tax registration. The
registration applies to a person required
to be registered under IRC section 4101
for purposes of the federal excise tax on
taxable fuel imposed by IRC 4041 and
4081; and to certain manufacturers or
sellers and purchasers that must register
under IRC 4222 to be exempt from the
excise tax on taxable articles. The data
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is used to determine if the applicant
qualifies for exemption. Taxable fuel
producers are required by IRC 4101 to
register with the Service before
incurring any tax liability.
Form: 637.
Affected Public: Businesses or other
for-profits.
Estimated Total Annual Burden
Hours: 22,620.
Title: Form 1040–SS—U.S. SelfEmployment Tax Return; Form 1040–
PR—Planilla Para La Declaracion De La
Contribucion Federal Sobre El Trabajo
Por Cuenta Propia-Puerto Rico; and
Anejo H–PR.
OMB Control Number: 1545–0090.
Type of Review: Extension without
change of a currently approved
collection.
Abstract: Form 1040–SS (Virgin
Islands, Guam, American Samoa, and
the Northern Mariana Islands) and
1040–PR (Puerto Rico) are used by selfemployed individuals to figure and
report self-employment tax under IRC
chapter 2 of Subtitle A, and provide
credit to the taxpayer’s social security
account. Anejo H–PR is used to
compute household employment taxes.
Form 1040–SS and Form 1040–PR are
also used by bona-fide residents of
Puerto Rico to claim the additional
child tax credit.
Forms: 1040–SS, 1040–PR, Sch H
(Form 1040–PR).
Affected Public: Individuals or
Households.
Estimated Total Annual Burden
Hours: 2,847,448.
Title: Sales of Business Property.
OMB Control Number: 1545–0184.
Type of Review: Revision of a
currently approved collection.
Abstract: Form 4797 is used to report
the details of gains and losses from the
sale, exchange, involuntary conversion
(from other than casualty or theft loss),
or disposition of the following: Property
used in your trade or business,
depreciable or amortizable property,
capital and non-capital (other than
inventory) assets held in connection
with the trade or business, or capital
assets not reported on Schedule D. The
form may also be used to compute the
recapture amount under section 179 and
280F(b)(2) when the business use of the
property decreases to 50 percent or
below.
Form: 4797.
Affected Public: Individuals or
Households.
Estimated Total Annual Burden
Hours: 16,454,750.
Title: Application for Determination
of Employee Stock Ownership Plan.
OMB Control Number: 1545–0284.
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Type of Review: Extension without
change of a currently approved
collection.
Abstract: Form 5309 is used in
conjunction with Form 5300 when
applying for a determination letter as to
a deferred compensation plan’s
qualification status under section 409 or
4975(e)(7) of the Internal Revenue Code.
The information is used to determine
whether the plan qualifies.
Form: 5309.
Affected Public: Businesses or other
for-profits.
Estimated Total Annual Burden
Hours: 26,975.
Title: Credit for Increasing Research
Activities.
OMB Control Number: 1545–0619.
Type of Review: Extension without
change of a currently approved
collection.
Abstract: IRC section 38 allows a
credit against income tax (determined
under IRC section 41) for an increase in
research activities in a trade or business.
Form 6765 is used to figure and claim
the credit for increasing research
activities or to elect the reduced credit
under section 280C. An individual,
estate, trust, organization, or corporation
claiming a credit for increasing research
activities; or any S corporation,
partnership, estate, or trust that
allocates the credit to its shareholders,
partners, or beneficiaries must complete
this form and attach it to its income tax
return. If you are a taxpayer that is not
a partnership or S corporation, and your
only source of this credit is from a
partnership, S corporation, estate, or
trust, you are not required to complete
or file this form, with the following
exception: You are a taxpayer that is an
estate or trust and the credit can be
allocated to beneficiaries.
Form: 6765.
Affected Public: Businesses or other
for-profits.
Estimated Total Annual Burden
Hours: 285,281.
Title: Form 8027—Employers Annual
Information Return of Tip Income and
Allocated Tips; Form 8027–T—
Transmittal of Employer’s Annual
Information Return of Tip Income and
Allocated Tips.
OMB Control Number: 1545–0714.
Type of Review: Extension without
change of a currently approved
collection.
Abstract: To help IRS in its
examination of returns filed by tipped
employees large food or beverage
establishments are required to report
annually information concerning food
or beverage operations receipts, tips,
reported by employees, and in certain
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cases, the employer must allocate tips to
certain employees.
Form: 8027–T.
Affected Public: Businesses or other
for-profits.
Estimated Total Annual Burden
Hours: 488,161.
Title: T.D. 8043—Manufacturers
Excise Taxes and Sporting Goods and
Firearms and Other Administrative
Provisions of Special Application to
Manufacturers and Retailers Excise
Taxes.
OMB Control Number: 1545–0723.
Type of Review: Extension without
change of a currently approved
collection.
Abstract: This document covers
regulations previously approved which
revise and update the regulations on
manufacturers excise taxes on sporting
goods and firearms and other
administrative provisions especially
applicable to manufacturers and
retailers excise taxes. The IRS requires
information relating to the sale and use
of specified articles be retained by
persons claiming credits and refunds of
tax. In addition, information must be
reported to claimants by purchasers of
those articles, and claimants must file
claims with the IRS and supply
supporting information with the claims.
The information is necessary to verify
that claims submitted are correct and
that the claimants are entitled to receive
a credit or refund of tax from the IRS.
Form: None.
Affected Public: Businesses or other
for-profits.
Estimated Total Annual Burden
Hours: 475,000.
Title: Form 2678—Employer/Payer
Appointment of Agent.
OMB Control Number: 1545–0748.
Type of Review: Extension without
change of a currently approved
collection.
Abstract: 26 U.S.C. 3504 authorizes an
employer to designate a fiduciary, agent,
etc., to perform the same acts as
required of employers for purposes of
employment taxes. Form 2678 is used
by an employer to notify the Director,
Internal Revenue Service Center, of the
appointment of an agent to pay wages
on behalf of the employer. In addition,
the completed form is an authorization
to withhold and pay taxes via Form 941,
Employer’s Quarterly Federal Tax
Return, for the employees involved.
Form: 2678.
Affected Public: Businesses or other
for-profits.
Estimated Total Annual Burden
Hours: 13,731,200.
Title: Section 301.7245–3, Discharge
of Liens; (TD 9410).
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OMB Control Number: 1545–0854.
Type of Review: Revision of a
currently approved collection.
Abstract: The Internal Revenue
Service needs this information in
processing a request to sell property of
a tax lien at a non-judicial sale. This
information will be used to determine
the amount, if any, to which the tax lien
attaches.
Forms: 14497, 14498.
Affected Public: Businesses or other
for-profits.
Estimated Total Annual Burden
Hours: 767.
Title: Product Liability Losses and
Accumulations for Product Liability
Losses.
OMB Control Number: 1545–0863.
Type of Review: Extension without
change of a currently approved
collection.
Abstract: Generally, a taxpayer who
sustains a product liability loss must
carry the loss back 10 years. However,
a taxpayer may elect to have such loss
treated as a regular net operating loss
under section 172. If desired, such
election is made by attaching a
statement to the tax return. This
statement will enable the IRS to monitor
compliance with the statutory
requirements.
Form: None.
Affected Public: Businesses or other
for-profits.
Estimated Total Annual Burden
Hours: 2,500.
Title: Continuation Coverage
Requirements Applicable to Group
Health Plans.
OMB Control Number: 1545–1581.
Type of Review: Extension without
change of a currently approved
collection.
Abstract: The previously approved
regulations require group health plans
to provide notices to individuals who
are entitled to elect COBRA (The
Consolidated Omnibus Budget
Reconciliation Act of 1985)
continuation coverage of their election
rights. Individuals who wish to obtain
the benefits provided under the statute
are required to provide plans notices in
the cases of divorce from the covered
employee, a dependent child’s ceasing
to be dependent under the terms of the
plan, and disability. Most plans will
require that elections of COBRA
continuation coverage be made in
writing. In cases where qualified
beneficiaries are short by an
insignificant amount in a payment made
to the plan, the regulations require the
plan to notify the qualified beneficiary
if the plan does not wish to treat the
tendered payment as full payment. If a
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health care provider contacts a plan to
confirm coverage of a qualified
beneficiary, the regulations require that
the plan disclose the qualified
beneficiary’s complete rights to
coverage.
Form: None.
Affected Public: Businesses or other
for-profits.
Estimated Total Annual Burden
Hours: 404,640.
Title: TD 8851—Return Requirement
for United States Persons Acquiring or
Disposing of an Interest in a Foreign
Partnership, or Whose Proportional
Interest in a Foreign Partnership
Changes.
OMB Control Number: 1545–1646.
Type of Review: Extension without
change of a currently approved
collection.
Abstract: The previously approved
regulations require group health plans
to provide notices to individuals who
are entitled to elect COBRA (The
Consolidated Omnibus Budget
Reconciliation Act of 1985)
continuation coverage of their election
rights. Individuals who wish to obtain
the benefits provided under the statute
are required to provide plans notices in
the cases of divorce from the covered
employee, a dependent child’s ceasing
to be dependent under the terms of the
plan, and disability. Most plans will
require that elections of COBRA
continuation coverage be made in
writing. In cases where qualified
beneficiaries are short by an
insignificant amount in a payment made
to the plan, the regulations require the
plan to notify the qualified beneficiary
if the plan does not wish to treat the
tendered payment as full payment. If a
health care provider contacts a plan to
confirm coverage of a qualified
beneficiary, the regulations require that
the plan disclose the qualified
beneficiary’s complete rights to
coverage.
Form: None.
Affected Public: Businesses other forprofits.
Estimated Total Annual Burden
Hours: 1.
Title: Amended Quarterly Federal
Excise Tax Return.
OMB Control Number: 1545–1759.
Type of Review: Extension without
change of a currently approved
collection.
Abstract: Form 720X is used to make
adjustments to correct tax liabilities on
form 720 filed for previous quarters. It
can be filed by itself or it can be
attached to any subsequent Form 720.
Code section 6416(f) allows taxpayers to
take a credit on a subsequent return
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rather than filing a refund claim.
Creation of Form 720X is the result of
a project to provide a uniform standard
for trust fund accounting.
Form: 720X.
Affected Public: Businesses or other
for-profits.
Estimated Total Annual Burden
Hours: 152,460.
Title: Form 8302—Electronic Deposit
of Tax Refund of $1 Million or more.
OMB Control Number: 1545–1763.
Type of Review: Extension without
change of a currently approved
collection.
Abstract: This form is used to request
a electronic deposit of a tax refund of $1
million or more directly into an account
at any U.S. bank or other financial
institution.
Form: 8302.
Affected Public: Businesses or other
for-profits.
Estimated Total Annual Burden
Hours: 1,729.
Title: T.D. 9171, New Markets Tax
Credit.
OMB Control Number: 1545–1765.
Type of Review: Extension without
change of a currently approved
collection.
Abstract: The previously approved
regulations provide guidance for
taxpayers claiming the new markets tax
credit under section 45D of the Internal
Revenue Code. The reporting
requirements in the regulations require
a qualified community development
entity (CDE) to provide written notice
to: (1) Any taxpayer who acquires an
equity investment in the CDE at its
original issue that the equity investment
is a qualified equity investment entitling
the taxpayer to claim the new markets
tax credits; and (2) each holder of a
qualified equity investment, including
all prior holders of that investment that
a recapture event has occurred. CDE’s
must comply with such reporting
requirements to the Secretary as the
Secretary may prescribe.
Form: None.
Affected Public: Businesses or other
for-profits.
Estimated Total Annual Burden
Hours: 210.
Title: Form 1041–N—U.S. Income Tax
Return for Electing Alaska Native
Settlement Trusts.
OMB Control Number: 1545–1776.
Type of Review: Revision of a
currently approved collection.
Abstract: An Alaska Native
Settlement Trust (ANST) may elect
under section 646 to have the special
income tax treatment of that section
apply to the trust and its beneficiaries.
This one-time election is made by filing
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Form 1041–N. Form 1041–N is used by
the ANST to report its income, etc., and
to compute and pay any income tax.
Form 1041–N is also used for the special
information reporting requirements that
apply to ANSTs.
Form: 1041–N.
Affected Public: Businesses or other
for-profits.
Estimated Total Annual Burden
Hours: 793.
Title: Information Return of U.S.
Persons With Respect To Foreign
Disregarded Entities; and Transactions
Between Foreign Disregarded Entity of a
Foreign Tax Owner and the Filer.
OMB Control Number: 1545–1910.
Type of Review: Revision of a
currently approved collection.
Abstract: Form 8858 and Schedule M
(Form 8858) are used by certain U.S.
persons that own a foreign disregarded
entity (FDE) directly or, in certain
circumstances, indirectly or
constructively. The form and schedules
are used to satisfy the reporting
requirements of sections 6011, 6012,
6031, and 6038, and related regulations.
Form: 8858, Sch M (F. 8858).
Affected Public: Businesses or other
for-profits.
Estimated Total Annual Burden
Hours: 733,000.
Title: TD 9605 (REG–155929–06)—
Payout Requirements for Type III
Supporting Organizations that are not
Functionally Integrated.
OMB Control Number: 1545–2157.
Type of Review: Existing collection in
use without an OMB control number.
Abstract: These regulations reflect
changes to the law made by the Pension
Protection Act of 2006. The regulations
will affect Type III supporting
organizations and their supported
organizations. The collection of
information in the final regulations is in
§ 1.509(a)–4(i)(2) and § 1.509(a)–
4(i)(6)(v). The collection of information
under § 1.509(a)–4(i)(2) flows from
section 509(f)(1)(A) of the Internal
Revenue Code (Code), which requires a
Type III supporting organization to
provide to each of its supported
organizations such information as the
Secretary may require to ensure that the
Type III supporting organization is
responsive to the needs or demands of
its supported organization(s). The
collection of information under
§ 1.509(a)–4(i)(6)(v) is required only if a
Type III supporting organization that is
not functionally integrated wishes for
certain amounts set aside for a specific
project to count toward the distribution
requirement imposed by § 1.509(a)–
4(i)(5)(ii). TD 9605 contains both final
regulations and temporary regulations
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regarding the requirements to qualify as
a Type III supporting organization that
is operated in connection with one or
more supported organizations. The
regulations reflect changes to the law
made by the Pension Protection Act of
2006.
Form: None.
Affected Public: Not-for-profit
institutions.
Estimated Total Annual Burden
Hours: 23,988.
Title: REG–125592–10 (TD 9494),
Affordable Care Act Internal Claims and
Appeals and External review
Disclosures.
OMB Control Number: 1545–2182.
Type of Review: Revision of a
currently approved collection.
Abstract: Previously approved,
Section 2719 of the Public Health
Service Act, incorporated into Code
section 9815 by section 1563(f) of the
Patient Protection and Affordable Care
Act, Public Law 111–148, requires
group health plans and issuers of group
health insurance coverage, in
connection with internal appeals of
claims denials, to provide claimants free
of charge with any evidence relied upon
in deciding the appeal that was not
relied on in making the initial denial of
the claim. This is a third party
disclosure requirement. Individuals
appealing a denial of a claim should be
able to respond to any new evidence the
plan or issuer relies on in the appeal,
and this disclosure requirement is
essential so that the claimant knows of
the new evidence.
Form: None.
Affected Public: Businesses or other
for-profits.
Estimated Total Annual Burden
Hours: 2,271.
Title: ABLE Account Contribution
Information and Distributions from
ABLE Accounts.
OMB Control Number: 1545–2262.
Type of Review: Reinstatement
without change of a previously
approved collection.
Abstract: These forms will be used to
report the contributions of Achieving a
Better Life Experience (ABLE) accounts
under IRC 529A.
Any State or its agency or
instrumentality that establishes and
maintains a qualified ABLE program
must file a Form 1099–QA
(Distributions From ABLE Accounts),
and/or establishes and maintains a
qualified ABLE program must file (for
each ABLE account), a Form 5498–QA
(ABLE Account Contribution
Information) with the Internal Revenue
Service. IRS uses the information to
verify compliance with the reporting
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rules and to verify that the recipient has
included the proper amount of income
on his or her income tax return.
Forms: 549–QA, 1099–QA.
Affected Public: State, Local, and
Tribal Governments.
Estimated Total Annual Burden
Hours: 3,600.
Authority: 44 U.S.C. 3501 et seq.
Dated: March 16, 2018.
Jennifer P. Quintana,
Treasury PRA Clearance Officer.
[FR Doc. 2018–05710 Filed 3–20–18; 8:45 am]
BILLING CODE 4830–01–P
U.S.-CHINA ECONOMIC AND
SECURITY REVIEW COMMISSION
Notice of Open Public Hearing
U.S.-China Economic and
Security Review Commission
ACTION: Notice of open public hearing.
AGENCY:
Notice is hereby given of the
following hearing of the U.S.-China
Economic and Security Review
Commission.
The Commission is mandated by
Congress to investigate, assess, and
report to Congress annually on ‘‘the
national security implications of the
economic relationship between the
United States and the People’s Republic
of China.’’ Pursuant to this mandate, the
Commission will hold a public hearing
in Washington, DC on April 5, 2018 on
‘‘China’s Relations with U.S. Allies and
Partners in Europe and the Asia
Pacific.’’
SUMMARY:
The hearing is scheduled for
Thursday, April 5, 2018 from 9:00 a.m.
to 3:20 p.m.
ADDRESSES: 419 Dirksen Senate Office
Building, Washington, DC. A detailed
agenda for the hearing will be posted on
the Commission’s website at
www.uscc.gov. Also, please check the
Commission’s website for possible
changes to the hearing schedule.
Reservations are not required to attend
the hearing.
FOR FURTHER INFORMATION CONTACT: Any
member of the public seeking further
information concerning the hearing
should contact Leslie Tisdale, 444 North
Capitol Street NW, Suite 602,
Washington, DC 20001; telephone: 202–
624–1496, or via email at ltisdale@
uscc.gov. Reservations are not required
to attend the hearing.
SUPPLEMENTARY INFORMATION:
Background: This is the fourth public
hearing the Commission will hold
during its 2018 report cycle. This
hearing will explore Beijing’s objectives
DATES:
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[Federal Register Volume 83, Number 55 (Wednesday, March 21, 2018)]
[Notices]
[Pages 12461-12464]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-05710]
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DEPARTMENT OF THE TREASURY
Agency Information Collection Activities; Submission for OMB
Review; Comment Request; Multiple IRS Information Collection Requests
AGENCY: Departmental Offices, U.S. Department of the Treasury.
ACTION: Notice.
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SUMMARY: The Department of the Treasury will submit the following
information collection requests to the Office of Management and Budget
(OMB) for review and clearance in accordance with the Paperwork
Reduction Act of 1995, on or after the date of publication of this
notice. The public is invited to submit comments on these requests.
DATES: Comments should be received on or before April 20, 2018 to be
assured of consideration.
ADDRESSES: Send comments regarding the burden estimate, or any other
aspect of the information collection, including suggestions for
reducing the burden, to (1) Office of Information and Regulatory
Affairs, Office of Management and Budget, Attention: Desk Officer for
Treasury, New Executive Office Building, Room 10235, Washington, DC
20503, or email at [email protected] and (2) Treasury PRA
Clearance Officer, 1750 Pennsylvania Ave. NW, Suite 8142, Washington,
DC 20220, or email at [email protected].
FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be
obtained from Jennifer Quintana by emailing [email protected], calling
(202) 622-0489, or viewing the entire information collection request at
www.reginfo.gov.
SUPPLEMENTARY INFORMATION:
Internal Revenue Service (IRS)
Title: Employer's Annual Railroad Retirement Tax Return.
OMB Control Number: 1545-0001.
Type of Review: Extension without change of a currently approved
collection.
Abstract: Railroad employers are required to file an annual return
to report employer and employee Railroad Retirement Tax Act (RRTA).
Form CT-1 is used for this purpose. IRS uses the information to insure
that the employer has paid the correct tax.
Forms: CT-1, CT1X.
Affected Public: Businesses or other for-profits.
Estimated Total Annual Burden Hours: 39,455.
Title: Form 637--Application for Registration For Certain Excise
Tax Activities.
OMB Control Number: 1545-0014.
Type of Review: Revision of a currently approved collection.
Abstract: Form 637 is used to apply for excise tax registration.
The registration applies to a person required to be registered under
IRC section 4101 for purposes of the federal excise tax on taxable fuel
imposed by IRC 4041 and 4081; and to certain manufacturers or sellers
and purchasers that must register under IRC 4222 to be exempt from the
excise tax on taxable articles. The data
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is used to determine if the applicant qualifies for exemption. Taxable
fuel producers are required by IRC 4101 to register with the Service
before incurring any tax liability.
Form: 637.
Affected Public: Businesses or other for-profits.
Estimated Total Annual Burden Hours: 22,620.
Title: Form 1040-SS--U.S. Self-Employment Tax Return; Form 1040-
PR--Planilla Para La Declaracion De La Contribucion Federal Sobre El
Trabajo Por Cuenta Propia-Puerto Rico; and Anejo H-PR.
OMB Control Number: 1545-0090.
Type of Review: Extension without change of a currently approved
collection.
Abstract: Form 1040-SS (Virgin Islands, Guam, American Samoa, and
the Northern Mariana Islands) and 1040-PR (Puerto Rico) are used by
self-employed individuals to figure and report self-employment tax
under IRC chapter 2 of Subtitle A, and provide credit to the taxpayer's
social security account. Anejo H-PR is used to compute household
employment taxes. Form 1040-SS and Form 1040-PR are also used by bona-
fide residents of Puerto Rico to claim the additional child tax credit.
Forms: 1040-SS, 1040-PR, Sch H (Form 1040-PR).
Affected Public: Individuals or Households.
Estimated Total Annual Burden Hours: 2,847,448.
Title: Sales of Business Property.
OMB Control Number: 1545-0184.
Type of Review: Revision of a currently approved collection.
Abstract: Form 4797 is used to report the details of gains and
losses from the sale, exchange, involuntary conversion (from other than
casualty or theft loss), or disposition of the following: Property used
in your trade or business, depreciable or amortizable property, capital
and non-capital (other than inventory) assets held in connection with
the trade or business, or capital assets not reported on Schedule D.
The form may also be used to compute the recapture amount under section
179 and 280F(b)(2) when the business use of the property decreases to
50 percent or below.
Form: 4797.
Affected Public: Individuals or Households.
Estimated Total Annual Burden Hours: 16,454,750.
Title: Application for Determination of Employee Stock Ownership
Plan.
OMB Control Number: 1545-0284.
Type of Review: Extension without change of a currently approved
collection.
Abstract: Form 5309 is used in conjunction with Form 5300 when
applying for a determination letter as to a deferred compensation
plan's qualification status under section 409 or 4975(e)(7) of the
Internal Revenue Code. The information is used to determine whether the
plan qualifies.
Form: 5309.
Affected Public: Businesses or other for-profits.
Estimated Total Annual Burden Hours: 26,975.
Title: Credit for Increasing Research Activities.
OMB Control Number: 1545-0619.
Type of Review: Extension without change of a currently approved
collection.
Abstract: IRC section 38 allows a credit against income tax
(determined under IRC section 41) for an increase in research
activities in a trade or business. Form 6765 is used to figure and
claim the credit for increasing research activities or to elect the
reduced credit under section 280C. An individual, estate, trust,
organization, or corporation claiming a credit for increasing research
activities; or any S corporation, partnership, estate, or trust that
allocates the credit to its shareholders, partners, or beneficiaries
must complete this form and attach it to its income tax return. If you
are a taxpayer that is not a partnership or S corporation, and your
only source of this credit is from a partnership, S corporation,
estate, or trust, you are not required to complete or file this form,
with the following exception: You are a taxpayer that is an estate or
trust and the credit can be allocated to beneficiaries.
Form: 6765.
Affected Public: Businesses or other for-profits.
Estimated Total Annual Burden Hours: 285,281.
Title: Form 8027--Employers Annual Information Return of Tip Income
and Allocated Tips; Form 8027-T--Transmittal of Employer's Annual
Information Return of Tip Income and Allocated Tips.
OMB Control Number: 1545-0714.
Type of Review: Extension without change of a currently approved
collection.
Abstract: To help IRS in its examination of returns filed by tipped
employees large food or beverage establishments are required to report
annually information concerning food or beverage operations receipts,
tips, reported by employees, and in certain cases, the employer must
allocate tips to certain employees.
Form: 8027-T.
Affected Public: Businesses or other for-profits.
Estimated Total Annual Burden Hours: 488,161.
Title: T.D. 8043--Manufacturers Excise Taxes and Sporting Goods and
Firearms and Other Administrative Provisions of Special Application to
Manufacturers and Retailers Excise Taxes.
OMB Control Number: 1545-0723.
Type of Review: Extension without change of a currently approved
collection.
Abstract: This document covers regulations previously approved
which revise and update the regulations on manufacturers excise taxes
on sporting goods and firearms and other administrative provisions
especially applicable to manufacturers and retailers excise taxes. The
IRS requires information relating to the sale and use of specified
articles be retained by persons claiming credits and refunds of tax. In
addition, information must be reported to claimants by purchasers of
those articles, and claimants must file claims with the IRS and supply
supporting information with the claims. The information is necessary to
verify that claims submitted are correct and that the claimants are
entitled to receive a credit or refund of tax from the IRS.
Form: None.
Affected Public: Businesses or other for-profits.
Estimated Total Annual Burden Hours: 475,000.
Title: Form 2678--Employer/Payer Appointment of Agent.
OMB Control Number: 1545-0748.
Type of Review: Extension without change of a currently approved
collection.
Abstract: 26 U.S.C. 3504 authorizes an employer to designate a
fiduciary, agent, etc., to perform the same acts as required of
employers for purposes of employment taxes. Form 2678 is used by an
employer to notify the Director, Internal Revenue Service Center, of
the appointment of an agent to pay wages on behalf of the employer. In
addition, the completed form is an authorization to withhold and pay
taxes via Form 941, Employer's Quarterly Federal Tax Return, for the
employees involved.
Form: 2678.
Affected Public: Businesses or other for-profits.
Estimated Total Annual Burden Hours: 13,731,200.
Title: Section 301.7245-3, Discharge of Liens; (TD 9410).
[[Page 12463]]
OMB Control Number: 1545-0854.
Type of Review: Revision of a currently approved collection.
Abstract: The Internal Revenue Service needs this information in
processing a request to sell property of a tax lien at a non-judicial
sale. This information will be used to determine the amount, if any, to
which the tax lien attaches.
Forms: 14497, 14498.
Affected Public: Businesses or other for-profits.
Estimated Total Annual Burden Hours: 767.
Title: Product Liability Losses and Accumulations for Product
Liability Losses.
OMB Control Number: 1545-0863.
Type of Review: Extension without change of a currently approved
collection.
Abstract: Generally, a taxpayer who sustains a product liability
loss must carry the loss back 10 years. However, a taxpayer may elect
to have such loss treated as a regular net operating loss under section
172. If desired, such election is made by attaching a statement to the
tax return. This statement will enable the IRS to monitor compliance
with the statutory requirements.
Form: None.
Affected Public: Businesses or other for-profits.
Estimated Total Annual Burden Hours: 2,500.
Title: Continuation Coverage Requirements Applicable to Group
Health Plans.
OMB Control Number: 1545-1581.
Type of Review: Extension without change of a currently approved
collection.
Abstract: The previously approved regulations require group health
plans to provide notices to individuals who are entitled to elect COBRA
(The Consolidated Omnibus Budget Reconciliation Act of 1985)
continuation coverage of their election rights. Individuals who wish to
obtain the benefits provided under the statute are required to provide
plans notices in the cases of divorce from the covered employee, a
dependent child's ceasing to be dependent under the terms of the plan,
and disability. Most plans will require that elections of COBRA
continuation coverage be made in writing. In cases where qualified
beneficiaries are short by an insignificant amount in a payment made to
the plan, the regulations require the plan to notify the qualified
beneficiary if the plan does not wish to treat the tendered payment as
full payment. If a health care provider contacts a plan to confirm
coverage of a qualified beneficiary, the regulations require that the
plan disclose the qualified beneficiary's complete rights to coverage.
Form: None.
Affected Public: Businesses or other for-profits.
Estimated Total Annual Burden Hours: 404,640.
Title: TD 8851--Return Requirement for United States Persons
Acquiring or Disposing of an Interest in a Foreign Partnership, or
Whose Proportional Interest in a Foreign Partnership Changes.
OMB Control Number: 1545-1646.
Type of Review: Extension without change of a currently approved
collection.
Abstract: The previously approved regulations require group health
plans to provide notices to individuals who are entitled to elect COBRA
(The Consolidated Omnibus Budget Reconciliation Act of 1985)
continuation coverage of their election rights. Individuals who wish to
obtain the benefits provided under the statute are required to provide
plans notices in the cases of divorce from the covered employee, a
dependent child's ceasing to be dependent under the terms of the plan,
and disability. Most plans will require that elections of COBRA
continuation coverage be made in writing. In cases where qualified
beneficiaries are short by an insignificant amount in a payment made to
the plan, the regulations require the plan to notify the qualified
beneficiary if the plan does not wish to treat the tendered payment as
full payment. If a health care provider contacts a plan to confirm
coverage of a qualified beneficiary, the regulations require that the
plan disclose the qualified beneficiary's complete rights to coverage.
Form: None.
Affected Public: Businesses other for-profits.
Estimated Total Annual Burden Hours: 1.
Title: Amended Quarterly Federal Excise Tax Return.
OMB Control Number: 1545-1759.
Type of Review: Extension without change of a currently approved
collection.
Abstract: Form 720X is used to make adjustments to correct tax
liabilities on form 720 filed for previous quarters. It can be filed by
itself or it can be attached to any subsequent Form 720. Code section
6416(f) allows taxpayers to take a credit on a subsequent return rather
than filing a refund claim. Creation of Form 720X is the result of a
project to provide a uniform standard for trust fund accounting.
Form: 720X.
Affected Public: Businesses or other for-profits.
Estimated Total Annual Burden Hours: 152,460.
Title: Form 8302--Electronic Deposit of Tax Refund of $1 Million or
more.
OMB Control Number: 1545-1763.
Type of Review: Extension without change of a currently approved
collection.
Abstract: This form is used to request a electronic deposit of a
tax refund of $1 million or more directly into an account at any U.S.
bank or other financial institution.
Form: 8302.
Affected Public: Businesses or other for-profits.
Estimated Total Annual Burden Hours: 1,729.
Title: T.D. 9171, New Markets Tax Credit.
OMB Control Number: 1545-1765.
Type of Review: Extension without change of a currently approved
collection.
Abstract: The previously approved regulations provide guidance for
taxpayers claiming the new markets tax credit under section 45D of the
Internal Revenue Code. The reporting requirements in the regulations
require a qualified community development entity (CDE) to provide
written notice to: (1) Any taxpayer who acquires an equity investment
in the CDE at its original issue that the equity investment is a
qualified equity investment entitling the taxpayer to claim the new
markets tax credits; and (2) each holder of a qualified equity
investment, including all prior holders of that investment that a
recapture event has occurred. CDE's must comply with such reporting
requirements to the Secretary as the Secretary may prescribe.
Form: None.
Affected Public: Businesses or other for-profits.
Estimated Total Annual Burden Hours: 210.
Title: Form 1041-N--U.S. Income Tax Return for Electing Alaska
Native Settlement Trusts.
OMB Control Number: 1545-1776.
Type of Review: Revision of a currently approved collection.
Abstract: An Alaska Native Settlement Trust (ANST) may elect under
section 646 to have the special income tax treatment of that section
apply to the trust and its beneficiaries. This one-time election is
made by filing
[[Page 12464]]
Form 1041-N. Form 1041-N is used by the ANST to report its income,
etc., and to compute and pay any income tax. Form 1041-N is also used
for the special information reporting requirements that apply to ANSTs.
Form: 1041-N.
Affected Public: Businesses or other for-profits.
Estimated Total Annual Burden Hours: 793.
Title: Information Return of U.S. Persons With Respect To Foreign
Disregarded Entities; and Transactions Between Foreign Disregarded
Entity of a Foreign Tax Owner and the Filer.
OMB Control Number: 1545-1910.
Type of Review: Revision of a currently approved collection.
Abstract: Form 8858 and Schedule M (Form 8858) are used by certain
U.S. persons that own a foreign disregarded entity (FDE) directly or,
in certain circumstances, indirectly or constructively. The form and
schedules are used to satisfy the reporting requirements of sections
6011, 6012, 6031, and 6038, and related regulations.
Form: 8858, Sch M (F. 8858).
Affected Public: Businesses or other for-profits.
Estimated Total Annual Burden Hours: 733,000.
Title: TD 9605 (REG-155929-06)--Payout Requirements for Type III
Supporting Organizations that are not Functionally Integrated.
OMB Control Number: 1545-2157.
Type of Review: Existing collection in use without an OMB control
number.
Abstract: These regulations reflect changes to the law made by the
Pension Protection Act of 2006. The regulations will affect Type III
supporting organizations and their supported organizations. The
collection of information in the final regulations is in Sec.
1.509(a)-4(i)(2) and Sec. 1.509(a)-4(i)(6)(v). The collection of
information under Sec. 1.509(a)-4(i)(2) flows from section
509(f)(1)(A) of the Internal Revenue Code (Code), which requires a Type
III supporting organization to provide to each of its supported
organizations such information as the Secretary may require to ensure
that the Type III supporting organization is responsive to the needs or
demands of its supported organization(s). The collection of information
under Sec. 1.509(a)-4(i)(6)(v) is required only if a Type III
supporting organization that is not functionally integrated wishes for
certain amounts set aside for a specific project to count toward the
distribution requirement imposed by Sec. 1.509(a)-4(i)(5)(ii). TD 9605
contains both final regulations and temporary regulations regarding the
requirements to qualify as a Type III supporting organization that is
operated in connection with one or more supported organizations. The
regulations reflect changes to the law made by the Pension Protection
Act of 2006.
Form: None.
Affected Public: Not-for-profit institutions.
Estimated Total Annual Burden Hours: 23,988.
Title: REG-125592-10 (TD 9494), Affordable Care Act Internal Claims
and Appeals and External review Disclosures.
OMB Control Number: 1545-2182.
Type of Review: Revision of a currently approved collection.
Abstract: Previously approved, Section 2719 of the Public Health
Service Act, incorporated into Code section 9815 by section 1563(f) of
the Patient Protection and Affordable Care Act, Public Law 111-148,
requires group health plans and issuers of group health insurance
coverage, in connection with internal appeals of claims denials, to
provide claimants free of charge with any evidence relied upon in
deciding the appeal that was not relied on in making the initial denial
of the claim. This is a third party disclosure requirement. Individuals
appealing a denial of a claim should be able to respond to any new
evidence the plan or issuer relies on in the appeal, and this
disclosure requirement is essential so that the claimant knows of the
new evidence.
Form: None.
Affected Public: Businesses or other for-profits.
Estimated Total Annual Burden Hours: 2,271.
Title: ABLE Account Contribution Information and Distributions from
ABLE Accounts.
OMB Control Number: 1545-2262.
Type of Review: Reinstatement without change of a previously
approved collection.
Abstract: These forms will be used to report the contributions of
Achieving a Better Life Experience (ABLE) accounts under IRC 529A.
Any State or its agency or instrumentality that establishes and
maintains a qualified ABLE program must file a Form 1099-QA
(Distributions From ABLE Accounts), and/or establishes and maintains a
qualified ABLE program must file (for each ABLE account), a Form 5498-
QA (ABLE Account Contribution Information) with the Internal Revenue
Service. IRS uses the information to verify compliance with the
reporting rules and to verify that the recipient has included the
proper amount of income on his or her income tax return.
Forms: 549-QA, 1099-QA.
Affected Public: State, Local, and Tribal Governments.
Estimated Total Annual Burden Hours: 3,600.
Authority: 44 U.S.C. 3501 et seq.
Dated: March 16, 2018.
Jennifer P. Quintana,
Treasury PRA Clearance Officer.
[FR Doc. 2018-05710 Filed 3-20-18; 8:45 am]
BILLING CODE 4830-01-P
