Agency Information Collection Activities; Submission for OMB Review; Comment Request; Multiple Internal Revenue Service Information Collection Requests, 5553-5554 [2020-01754]
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Federal Register / Vol. 85, No. 20 / Thursday, January 30, 2020 / Notices
brokers and dealers, and all other
financial institutions in the United
States to report their own portfolio
claims (exclusive of long-term
securities) on foreign residents.
(2) Form BL–1 (monthly), ‘‘Report of
U.S. Dollar Liabilities of Financial
Institutions to Foreign Residents’’, is
filed by banks, other depository
institutions, bank holding companies,
financial holding companies, securities
brokers and dealers, and all other
financial institutions in the United
States to report their own portfolio
liabilities (exclusive of long-term
securities) to foreign residents.
(3) Form BL–2 (monthly), ‘‘Report of
Customers’ U.S. Dollar Liabilities to
Foreign Residents’’, is filed by banks,
other depository institutions, bank
holding companies, financial holding
companies, securities brokers and
dealers, and all other financial
institutions in the United States to
report the U.S. dollar liabilities
(exclusive of long-term securities) of
their domestic customers.
(4) Form BQ–1 (quarterly), ‘‘Report of
Customers’ U.S. Dollar Claims on
Foreign Residents’’, is filed by banks,
other depository institutions, bank
holding companies, financial holding
companies, securities brokers and
dealers, and all other financial
institutions in the United States to
report their own and their domestic
customers’ portfolio claims (exclusive of
long-term securities) on foreign
residents.
(5) BQ–2 (quarterly), ‘‘Part 1—Report
of Foreign Currency Liabilities and
Claims of Financial Institutions and of
their Domestic Customers’ Foreign
Currency Claims with Foreign
Residents; Part 2—Report of Customers’
Foreign Currency Liabilities to Foreign
Residents’’, is filed by banks, other
depository institutions, bank holding
companies, financial holding
companies, securities brokers and
dealers, and all other financial
institutions in the United States to
report their own liabilities and claims
(exclusive of long-term securities), and
liabilities and claims (exclusive of longterm securities) of their domestic
customers, denominated in foreign
currencies.
(6) Form BQ–3 (quarterly), ‘‘Report of
Maturities of Selected Liabilities and
Claims of Financial Institutions with
Foreign Residents’’, is filed by banks,
other depository institutions, bank
holding companies, financial holding
companies, brokers and dealers, and all
other financial institutions in the United
States to report the maturities of
selected liabilities and claims with
foreign residents denominated in U.S.
dollars or in foreign currencies.
These forms have previously been
cleared individually under OMB
Control Numbers 1505–0017, 1505–
0018, 1505–0019, 1505–0020 and 1505–
0189. With this submission, all TIC B
forms will now be consolidated under
OMB Control Number 1505–0016.
Form: BC, BL–1, BL–2, BQ–1, BQ–2,
and BQ–3.
Affected Public: Businesses or other
for-profits.
ESTIMATED BURDEN
Number
respondents
Form
Total annual
responses
Hours per
response
Total burden
(hours)
BC ........................................................................................
BL–1 .....................................................................................
BL–2 .....................................................................................
BQ–1 ....................................................................................
BQ–2 ....................................................................................
BQ–3 ....................................................................................
350
352
100
80
193
143
12
12
12
4
4
4
4,200
4,224
1,200
320
772
572
11.16
7.75
8.99
3.92
7.83
10.50
46,863
32,746
10,789
1,254
6,044
6,006
Total ..............................................................................
1,218
4–12
11,288
9.19
103,702
Authority: 44 U.S.C. 3501 et seq.
Dated: January 24, 2020.
Spencer W. Clark,
Treasury PRA Clearance Officer.
[FR Doc. 2020–01600 Filed 1–29–20; 8:45 am]
BILLING CODE 4810–25–P
DEPARTMENT OF THE TREASURY
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request; Multiple
Internal Revenue Service Information
Collection Requests
Departmental Offices, U.S.
Department of the Treasury.
ACTION: Notice.
AGENCY:
khammond on DSKJM1Z7X2PROD with NOTICES
Number
responses per
respondent
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
SUMMARY:
VerDate Sep<11>2014
16:56 Jan 29, 2020
Jkt 250001
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 March 2, 2020 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 8100, Washington, DC
20220, or email at PRA@treasury.gov.
FOR FURTHER INFORMATION CONTACT:
Copies of the submissions may be
obtained from Spencer W. Clark by
emailing PRA@treasury.gov, calling
PO 00000
Frm 00187
Fmt 4703
Sfmt 4703
(202) 927–5331, or viewing the entire
information collection request at
www.reginfo.gov.
SUPPLEMENTARY INFORMATION:
Internal Revenue Service (IRS)
1. Title: Request for Determination of
Worker Status for Purposes of Federal
Employment Taxes and Income Tax
Withholding.
OMB Control Number: 1545–0004.
Type of Review: Extension without
change of a currently approved
collection.
Description: Firms and workers file
Form SS–8 or SS–8(PR) to request a
determination of the status of a worker
under the common law rules for
purposes of federal employment taxes
and income tax withholding.
Form: SS–8, SS–8(PR).
Affected Public: Businesses or other
for-profits.
Estimated Number of Respondents:
4,705.
Frequency of Response: On occasion.
E:\FR\FM\30JAN1.SGM
30JAN1
5554
Federal Register / Vol. 85, No. 20 / Thursday, January 30, 2020 / Notices
khammond on DSKJM1Z7X2PROD with NOTICES
Estimated Total Number of Annual
Responses: 4,705.
Estimated Time per Response: 31
hours and 35 minutes.
Estimated Total Annual Burden
Hours: 143,816.
2. Title: Form 1099–OID—Original
Issue Discount.
OMB Control Number: 1545–0117.
Type of Review: Revision of a
currently approved collection.
Description: Form 1099–OID is used
for reporting original issue discount as
required by section 6049 of the Internal
Revenue Code. It is used to verify that
income earned on discount obligations
is properly reported by the recipient.
Form: 1099–OID.
Affected Public: Businesses or other
for-profits.
Estimated Number of Respondents:
9,185.
Frequency of Response: On occasion.
Estimated Total Number of Annual
Responses: 5,950,000.
Estimated Time per Response: 14
minutes.
Estimated Total Annual Burden
Hours: 1,369,529.
VerDate Sep<11>2014
16:56 Jan 29, 2020
Jkt 250001
3. Title: Application for Extension of
Time to File Certain Employee Plan
Returns.
OMB Control Number: 1545–0212.
Type of Review: Extension without
change of a currently approved
collection.
Description: This form is used by
employers to request an extension of
time to file the employee plan annual
information return/report (Form 5500
series) or employee plan excise tax
return (Form 5330). The data supplied
on Form 5558 is used to determine if
such extension of time is warranted.
Form: Form 5558.
Affected Public: Businesses or other
for-profits.
Estimated Number of Respondents:
517,793.
Frequency of Response: On occasion.
Estimated Total Number of Annual
Responses: 517,793.
Estimated Time per Response: 11
minutes.
Estimated Total Annual Burden
Hours: 616,174.
4. Title: Biofuel Producer Credit
(Form 6478).
OMB Control Number: 1545–0231.
PO 00000
Frm 00188
Fmt 4703
Sfmt 9990
Type of Review: Extension without
change of a currently approved
collection.
Description: Form 6478 is used to
figure your section 40 biofuel producer
credit. Taxpayers may claim the credit
for the tax year in which the sale or use
occurs. This credit consists of the
second generation biofuel producer
credit.
Form: 6478.
Affected Public: Businesses or other
for-profits.
Estimated Number of Respondents:
3,300.
Frequency of Response: Annually.
Estimated Total Number of Annual
Responses: 3,300.
Estimated Time per Response: 4
hours.
Estimated Total Annual Burden
Hours: 13,233.
Authority: 44 U.S.C. 3501 et seq.
Dated: January 27, 2020.
Spencer W. Clark,
Treasury PRA Clearance Officer.
[FR Doc. 2020–01754 Filed 1–29–20; 8:45 am]
BILLING CODE 4830–01–P
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]]>Agencies
[Federal Register Volume 85, Number 20 (Thursday, January 30, 2020)]
[Notices]
[Pages 5553-5554]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-01754]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Agency Information Collection Activities; Submission for OMB
Review; Comment Request; Multiple Internal Revenue Service 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 March 2, 2020 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 8100, Washington,
DC 20220, or email at [email protected].
FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be
obtained from Spencer W. Clark by emailing [email protected], calling
(202) 927-5331, or viewing the entire information collection request at
www.reginfo.gov.
SUPPLEMENTARY INFORMATION:
Internal Revenue Service (IRS)
1. Title: Request for Determination of Worker Status for Purposes
of Federal Employment Taxes and Income Tax Withholding.
OMB Control Number: 1545-0004.
Type of Review: Extension without change of a currently approved
collection.
Description: Firms and workers file Form SS-8 or SS-8(PR) to
request a determination of the status of a worker under the common law
rules for purposes of federal employment taxes and income tax
withholding.
Form: SS-8, SS-8(PR).
Affected Public: Businesses or other for-profits.
Estimated Number of Respondents: 4,705.
Frequency of Response: On occasion.
[[Page 5554]]
Estimated Total Number of Annual Responses: 4,705.
Estimated Time per Response: 31 hours and 35 minutes.
Estimated Total Annual Burden Hours: 143,816.
2. Title: Form 1099-OID--Original Issue Discount.
OMB Control Number: 1545-0117.
Type of Review: Revision of a currently approved collection.
Description: Form 1099-OID is used for reporting original issue
discount as required by section 6049 of the Internal Revenue Code. It
is used to verify that income earned on discount obligations is
properly reported by the recipient.
Form: 1099-OID.
Affected Public: Businesses or other for-profits.
Estimated Number of Respondents: 9,185.
Frequency of Response: On occasion.
Estimated Total Number of Annual Responses: 5,950,000.
Estimated Time per Response: 14 minutes.
Estimated Total Annual Burden Hours: 1,369,529.
3. Title: Application for Extension of Time to File Certain
Employee Plan Returns.
OMB Control Number: 1545-0212.
Type of Review: Extension without change of a currently approved
collection.
Description: This form is used by employers to request an extension
of time to file the employee plan annual information return/report
(Form 5500 series) or employee plan excise tax return (Form 5330). The
data supplied on Form 5558 is used to determine if such extension of
time is warranted.
Form: Form 5558.
Affected Public: Businesses or other for-profits.
Estimated Number of Respondents: 517,793.
Frequency of Response: On occasion.
Estimated Total Number of Annual Responses: 517,793.
Estimated Time per Response: 11 minutes.
Estimated Total Annual Burden Hours: 616,174.
4. Title: Biofuel Producer Credit (Form 6478).
OMB Control Number: 1545-0231.
Type of Review: Extension without change of a currently approved
collection.
Description: Form 6478 is used to figure your section 40 biofuel
producer credit. Taxpayers may claim the credit for the tax year in
which the sale or use occurs. This credit consists of the second
generation biofuel producer credit.
Form: 6478.
Affected Public: Businesses or other for-profits.
Estimated Number of Respondents: 3,300.
Frequency of Response: Annually.
Estimated Total Number of Annual Responses: 3,300.
Estimated Time per Response: 4 hours.
Estimated Total Annual Burden Hours: 13,233.
Authority: 44 U.S.C. 3501 et seq.
Dated: January 27, 2020.
Spencer W. Clark,
Treasury PRA Clearance Officer.
[FR Doc. 2020-01754 Filed 1-29-20; 8:45 am]
BILLING CODE 4830-01-P
