Agency Information Collection Activities; Submission for OMB Review; Comment Request; Multiple IRS Information Collection Requests, 52614-52616 [2018-22554]
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52614
Federal Register / Vol. 83, No. 201 / Wednesday, October 17, 2018 / Notices
response in the 2018 NTD Policy
Manual.
daltland on DSKBBV9HB2PROD with NOTICES
F. Change to Reporting Requirements
for Non-Rail For-Profit Providers of
Public Transportation
FTA received two comments on the
proposed change to reporting
requirements for non-rail for-profit
providers of public transportation. One
agency stated that the ‘‘safety of
passengers and good stewardship of any
associate tax dollars is a higher priority’’
than protecting competitive advantage
of for-profit providers. A second agency
strongly opposed the change and stated
that FTA failed to ‘‘provide any
evidence’’ of the assertion that reporting
as a full reporter may compromise a
company’s ability to successfully
compete for business. They further
expressed concern that most of the
identified providers are in the New
York-Newark, NY-NJ-CT urbanized area
and believed this change would
disproportionately reduce the
Urbanized Area Formula apportionment
for New York. They ‘‘urged FTA to
eliminate this proposal from further
consideration’’ or issue the proposal for
public comment along with additional
detail for the public to review.
FTA Response: FTA agrees that the
safety of passengers and the good
stewardship of public tax dollars are the
highest priorities. Although, FTA does
not believe that this proposal represents
any risk to the safety of transit
passengers, FTA is sensitive to the
concerns expressed that this proposal
could primarily impact the New YorkNewark, NY-NJ-CT urbanized area. FTA
is withdrawing this proposed change.
Reporting requirements will remain the
same for non-rail, for-profit providers of
public transportation.
G. Clarification of Mechanical Failure
Definitions
FTA received five comments on the
clarification of mechanical failure
definitions and request for feedback on
potential definition changes. Two
commenters support the proposed
definition change. One commenter
requested clarification on ‘‘vandalism.’’
Specifically, they asked FTA to clarify
whether a door defect caused by a
customer holding a door should be
considered vandalism under the
proposed definition.
FTA Response: FTA clarifies that a
door defect caused by normal
interaction with customers boarding and
alighting the vehicle, including
attempting to hold a door to allow for
normal boarding and alighting would
not be considered ‘‘vandalism.’’ FTA’s
use of the word vandalism was the
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common definition of willful or
malicious destruction or defacement of
public or private property.
FTA will implement the proposed
definition adjustments. These changes
will be reflected in the FY2018 NTD
Policy Manual and NTD Glossary.
In addition to clarifications to the
mechanical failure definitions, FTA
asked for feedback on current utility of
the major mechanical failure and other
mechanical failure metrics. FTA also
offered two scenarios for adjusting these
metrics and requested stakeholder
feedback on these scenarios. FTA
provides a summary of the feedback
received below for stakeholder
awareness. As the comments received
did not indicate a consensus among
stakeholders on the best way to improve
the reporting of mechanical failures,
FTA is not proposing to make any
changes to reporting at this time.
As stated in the original notice, FTA
is not recommending any further
changes to the major mechanical failure
and other mechanical failure definitions
at this time. FTA will use the feedback
outlined below to inform any future
changes to these data points.
One commenter recommended
adjusting the metric to track mean
distance between delays to better align
with industry practice and suggested
changing the proposed definition of
‘‘other mechanical system failures’’ to
include ‘‘all failures.’’
Another commenter states that
collecting major mechanical system
failures by fleet rather than mode
‘‘would not be an issue’’ but this has
limited utility to an agency because they
measure reliability using a different
metric. The commenter suggests
changing the proposed definition of
‘‘other mechanical system failures’’ to
include ‘‘all failures’’.
Two commenters did not support
discontinuing reporting of other
mechanical system failures. One stated
that FTA should continue to collect it
‘‘with the intent to provide value to
stakeholders’’ unless the financial
burden is excessive. The second stated
that discontinuing the reporting of other
mechanical system failures would not
reduce agency burden to maintain and
analyze failure data.
One commenter stated that changing
the reporting threshold to failures
requiring a work order would be
inconsistent among agencies and would
not make reporting more consistent.
One commenter recommended that
FTA discontinue the reporting of
‘‘partially cancelled trains’’ as this may
be a source of inconsistent reporting.
A final commenter expressed concern
that collecting major mechanical system
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failure by fleet rather than by mode may
increase the reporting burden. They
requested that FTA clearly articulate
how the more granular data set will be
used and allow the public to weigh if
the utility of the data set balances the
potential cost and burden before making
any changes to the current metrics.
K. Jane Williams,
Acting Administrator.
[FR Doc. 2018–22528 Filed 10–16–18; 8:45 am]
BILLING CODE 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
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 November 16, 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 Leonard by
emailing PRA@treasury.gov, calling
(202) 622–0489, or viewing the entire
information collection request at
www.reginfo.gov.
SUMMARY:
SUPPLEMENTARY INFORMATION:
Internal Revenue Service (IRS)
Title: Return by a U.S. Transferor of
Property to a Foreign Corporation.
OMB Control Number: 1545–0026.
Type of Review: Revision of a
currently approved collection.
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daltland on DSKBBV9HB2PROD with NOTICES
Federal Register / Vol. 83, No. 201 / Wednesday, October 17, 2018 / Notices
Abstract: Form 926 is filed by any
U.S. person who transfers certain
tangible or intangible property to a
foreign corporation to report
information required by section 6038B.
Form: 926.
Affected Public: Businesses or other
for-profits.
Estimated Total Annual Burden
Hours: 28,608.
Title: Form 1099–R—Distributions
From Pensions, Annuities, Retirement
or Profit-Sharing Plans, IRAs, Insurance
Contracts, etc.
OMB Control Number: 1545–0110.
Type of Review: Revision of a
currently approved collection.
Abstract: The Form 1099–DIV is used
by the Service to insure that dividends
are properly reported as required by
Code section 6042 and that liquidation
distributions are correctly reported as
required by Code section 6043, and to
determine whether payees are correctly
reporting their income.
Form: 1099–DIV.
Affected Public: Businesses or other
for-profits.
Estimated Total Annual Burden
Hours: 32,119,195.
Title: Form 1099–R—Distributions
From Pensions, Annuities, Retirement
or Profit-Sharing Plans, IRAs, Insurance
Contracts, etc.
OMB Control Number: 1545–0119.
Type of Review: Revision of a
currently approved collection.
Abstract: Form 1099–R is used to
report distributions from pensions,
annuities, profit-sharing or retirement
plans, IRAs, and the surrender of
insurance contracts. This information is
used by IRS to verify that income has
been properly reported by the recipient.
Form: 1099–R.
Affected Public: Businesses or other
for-profits.
Estimated Total Annual Burden
Hours: 39,306,520.
Title: Form 2210, Underpayment of
Estimated Tax by Individuals, Estate,
and Trusts; Form 2210–F,
Underpayment of Estimated Tax by
Farmers and Fishermen.
OMB Control Number: 1545–0140.
Type of Review: Reinstatement with
change of a previously approved
collection.
Abstract: Internal Revenue Code
section 6654 imposes a penalty for
failure to pay estimated tax. These forms
are used by taxpayers to determine
whether they are subject to the penalty
and to compute the penalty if it applies.
The Service uses this information to
determine whether the taxpayer is
subject to the penalty, and to verify the
penalty amount.
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19:46 Oct 16, 2018
Jkt 247001
Form: 2210, 2210–F.
Affected Public: Businesses or other
for-profits.
Estimated Total Annual Burden
Hours: 496,337.
Title: Form 4684—Casualties and
Thefts.
OMB Control Number: 1545–0177.
Type of Review: Revision of a
currently approved collection.
Abstract: Form 4684 is used by
taxpayers to compute their gain or loss
from casualties or thefts, and to
summarize such gains and losses. The
data is used to verify that the correct
gain or loss has been computed.
Form: 4684.
Affected Public: Individuals or
Households.
Estimated Total Annual Burden
Hours: 1,293,895.
Title: Form 8233—Exemption From
Withholding on Compensation for
Independent (and Certain Dependent)
Personal Services of a Nonresident
Alien Individual.
OMB Control Number: 1545–0795.
Type of Review: Revision of a
currently approved collection.
Abstract: Compensation paid to a
nonresident alien (NRA) individual for
independent personal services (selfemployment) is generally subject to
30% withholding or graduated rates.
However, compensation may be exempt
from withholding because of a U.S. tax
treaty or personal exemption amount.
Form 8233 is used to request exemption
from withholding.
Form: 8233.
Affected Public: Individuals or
Households.
Estimated Total Annual Burden
Hours: 669,211.
Title: Form 8858—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: 1545–0910.
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: 917,800.
Title: Form 8621—Information Return
by a Shareholder of a Passive Foreign
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Fmt 4703
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52615
Investment Company or Qualified
Electing Fund.
OMB Control Number: 1545–1002.
Type of Review: Revision of a
currently approved collection.
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.
Form: 8621.
Affected Public: Businesses or other
for-profits.
Estimated Total Annual Burden
Hours: 65,304.
Title: Form 1098 Mortgage Interest
Statement; TD 8571 (Formerly IA–17–
90) Reporting Requirements for
Recipients of Points Paid on Residential
Mortgages.
OMB Control Number: 1545–1380.
Type of Review: Revision of a
currently approved collection.
Abstract: To encourage compliance
with the tax laws relating to the
mortgage interest deduction, the
regulations require the reporting on
Form 1098 of points paid on residential
mortgage. Only businesses that receive
mortgage interest in the course of a trade
or business are affected by this reporting
requirement.
Form: 1098.
Affected Public: Individuals or
Households.
Estimated Total Annual Burden
Hours: 19,211,581.
Title: Form 8864—Biodiesel and
Renewable Diesel Fuels Credit.
OMB Control Number: 1545–1924.
Type of Review: Extension without
change of a currently approved
collection.
Abstract: Form 8864 is used to figure
biodiesel and renewable diesel fuels
credit and to claim the credit for the tax
year in which the sale or use occurs.
This credit consists of the biodiesel
credit, renewable diesel credit, biodiesel
mixture credit, renewable diesel
mixture credit, and small agri-biodiesel
producer credit. IRC section 40A
provides a credit for biodiesel or
qualified biodiesel mixtures. IRC section
38(b)(17) allows a nonrefundable
income tax credit for businesses that sell
or use biodiesel. The biodiesel and
renewable diesel fuels credit is
scheduled expired for fuel sold or used
in calendar year 2017 only. Don’t claim
this credit for fuel sold or used after
E:\FR\FM\17OCN1.SGM
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52616
Federal Register / Vol. 83, No. 201 / Wednesday, October 17, 2018 / Notices
2017 on Form 8864 unless the credit is
extended.
Form: 8864.
Affected Public: Businesses or other
for-profits.
Estimated Total Annual Burden
Hours: 110.
Authority: 44 U.S.C. 3501 et seq.
Dated: October 11, 2018.
Jennifer P. Quintana,
Treasury PRA Clearance Officer.
[FR Doc. 2018–22554 Filed 10–16–18; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF VETERANS
AFFAIRS
National Research Advisory Council;
Notice of Meeting
daltland on DSKBBV9HB2PROD with NOTICES
The Department of Veterans Affairs
(VA) gives notice under the Federal
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19:46 Oct 16, 2018
Jkt 247001
Advisory Committee Act that the
National Research Advisory Council
will hold a meeting on Wednesday,
December 5, 2018, at 1100 First Street
NE, Room 104, Washington, DC 20002.
The meeting will convene at 9:00 a.m.
and end at 3:30 p.m. This meeting is
open to the public.
The agenda will include information
technology challenges, career
development and merit awards,
roadmaps overview, clinical trials, and
cooperative research and development
agreements (CRADA). No time will be
allocated at this meeting for receiving
oral presentations from the public.
Members of the public wanting to attend
may contact Rashelle Robinson,
Designated Federal Officer, Office of
Research and Development (10P9),
Department of Veterans Affairs, 810
Vermont Avenue NW, Washington, DC
20420, at (202) 443–5668, or by email at
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Rashelle.Robinson@va.gov no later than
close of business on November 28, 2018.
Because the meeting is being held in a
Government building, a photo I.D. must
be presented at the Guard’s Desk as a
part of the clearance process. Any
member of the public seeking additional
information should contact Rashelle
Robinson at the phone number or email
address noted above.
Dated: October 12, 2018.
LaTonya L. Small,
Federal Advisory Committee Management
Officer.
[FR Doc. 2018–22664 Filed 10–16–18; 8:45 am]
BILLING CODE P
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]]>Agencies
[Federal Register Volume 83, Number 201 (Wednesday, October 17, 2018)]
[Notices]
[Pages 52614-52616]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-22554]
=======================================================================
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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.
-----------------------------------------------------------------------
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 November 16, 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 Leonard 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: Return by a U.S. Transferor of Property to a Foreign
Corporation.
OMB Control Number: 1545-0026.
Type of Review: Revision of a currently approved collection.
[[Page 52615]]
Abstract: Form 926 is filed by any U.S. person who transfers
certain tangible or intangible property to a foreign corporation to
report information required by section 6038B.
Form: 926.
Affected Public: Businesses or other for-profits.
Estimated Total Annual Burden Hours: 28,608.
Title: Form 1099-R--Distributions From Pensions, Annuities,
Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc.
OMB Control Number: 1545-0110.
Type of Review: Revision of a currently approved collection.
Abstract: The Form 1099-DIV is used by the Service to insure that
dividends are properly reported as required by Code section 6042 and
that liquidation distributions are correctly reported as required by
Code section 6043, and to determine whether payees are correctly
reporting their income.
Form: 1099-DIV.
Affected Public: Businesses or other for-profits.
Estimated Total Annual Burden Hours: 32,119,195.
Title: Form 1099-R--Distributions From Pensions, Annuities,
Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc.
OMB Control Number: 1545-0119.
Type of Review: Revision of a currently approved collection.
Abstract: Form 1099-R is used to report distributions from
pensions, annuities, profit-sharing or retirement plans, IRAs, and the
surrender of insurance contracts. This information is used by IRS to
verify that income has been properly reported by the recipient.
Form: 1099-R.
Affected Public: Businesses or other for-profits.
Estimated Total Annual Burden Hours: 39,306,520.
Title: Form 2210, Underpayment of Estimated Tax by Individuals,
Estate, and Trusts; Form 2210-F, Underpayment of Estimated Tax by
Farmers and Fishermen.
OMB Control Number: 1545-0140.
Type of Review: Reinstatement with change of a previously approved
collection.
Abstract: Internal Revenue Code section 6654 imposes a penalty for
failure to pay estimated tax. These forms are used by taxpayers to
determine whether they are subject to the penalty and to compute the
penalty if it applies. The Service uses this information to determine
whether the taxpayer is subject to the penalty, and to verify the
penalty amount.
Form: 2210, 2210-F.
Affected Public: Businesses or other for-profits.
Estimated Total Annual Burden Hours: 496,337.
Title: Form 4684--Casualties and Thefts.
OMB Control Number: 1545-0177.
Type of Review: Revision of a currently approved collection.
Abstract: Form 4684 is used by taxpayers to compute their gain or
loss from casualties or thefts, and to summarize such gains and losses.
The data is used to verify that the correct gain or loss has been
computed.
Form: 4684.
Affected Public: Individuals or Households.
Estimated Total Annual Burden Hours: 1,293,895.
Title: Form 8233--Exemption From Withholding on Compensation for
Independent (and Certain Dependent) Personal Services of a Nonresident
Alien Individual.
OMB Control Number: 1545-0795.
Type of Review: Revision of a currently approved collection.
Abstract: Compensation paid to a nonresident alien (NRA) individual
for independent personal services (self-employment) is generally
subject to 30% withholding or graduated rates. However, compensation
may be exempt from withholding because of a U.S. tax treaty or personal
exemption amount. Form 8233 is used to request exemption from
withholding.
Form: 8233.
Affected Public: Individuals or Households.
Estimated Total Annual Burden Hours: 669,211.
Title: Form 8858--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: 1545-0910.
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: 917,800.
Title: Form 8621--Information Return by a Shareholder of a Passive
Foreign Investment Company or Qualified Electing Fund.
OMB Control Number: 1545-1002.
Type of Review: Revision of a currently approved collection.
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.
Form: 8621.
Affected Public: Businesses or other for-profits.
Estimated Total Annual Burden Hours: 65,304.
Title: Form 1098 Mortgage Interest Statement; TD 8571 (Formerly IA-
17-90) Reporting Requirements for Recipients of Points Paid on
Residential Mortgages.
OMB Control Number: 1545-1380.
Type of Review: Revision of a currently approved collection.
Abstract: To encourage compliance with the tax laws relating to the
mortgage interest deduction, the regulations require the reporting on
Form 1098 of points paid on residential mortgage. Only businesses that
receive mortgage interest in the course of a trade or business are
affected by this reporting requirement.
Form: 1098.
Affected Public: Individuals or Households.
Estimated Total Annual Burden Hours: 19,211,581.
Title: Form 8864--Biodiesel and Renewable Diesel Fuels Credit.
OMB Control Number: 1545-1924.
Type of Review: Extension without change of a currently approved
collection.
Abstract: Form 8864 is used to figure biodiesel and renewable
diesel fuels credit and to claim the credit for the tax year in which
the sale or use occurs. This credit consists of the biodiesel credit,
renewable diesel credit, biodiesel mixture credit, renewable diesel
mixture credit, and small agri-biodiesel producer credit. IRC section
40A provides a credit for biodiesel or qualified biodiesel mixtures.
IRC section 38(b)(17) allows a nonrefundable income tax credit for
businesses that sell or use biodiesel. The biodiesel and renewable
diesel fuels credit is scheduled expired for fuel sold or used in
calendar year 2017 only. Don't claim this credit for fuel sold or used
after
[[Page 52616]]
2017 on Form 8864 unless the credit is extended.
Form: 8864.
Affected Public: Businesses or other for-profits.
Estimated Total Annual Burden Hours: 110.
Authority: 44 U.S.C. 3501 et seq.
Dated: October 11, 2018.
Jennifer P. Quintana,
Treasury PRA Clearance Officer.
[FR Doc. 2018-22554 Filed 10-16-18; 8:45 am]
BILLING CODE 4830-01-P
