Proposed Collection; Comment Request for Revenue Procedure 2004-47, 33792-33793 [2020-11789]
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33792
Federal Register / Vol. 85, No. 106 / Tuesday, June 2, 2020 / Notices
An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
unless the collection of information
displays a valid OMB control number.
Books or records relating to a collection
of information must be retained as long
as their contents may become material
in the administration of any internal
revenue law. Generally, tax returns and
tax return information are confidential,
as required by 26 U.S.C. 6103.
Request for Comments: Comments
submitted in response to this notice will
be summarized and/or included in the
request for OMB approval. All
comments will become a matter of
public record. Comments are invited on:
(a) Whether the collection of
information is necessary for the proper
performance of the functions of the
agency, including whether the
information shall have practical utility;
(b) the accuracy of the agency’s estimate
of the burden of the collection of
information; (c) ways to enhance the
quality, utility, and clarity of the
information to be collected; (d) ways to
minimize the burden of the collection of
information on respondents, including
through the use of automated collection
techniques or other forms of information
technology; and (e) estimates of capital
or start-up costs and costs of operation,
maintenance, and purchase of services
to provide information.
Approved: May 21, 2020.
Martha Brinson,
Tax Analyst.
[FR Doc. 2020–11787 Filed 6–1–20; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 1116
Internal Revenue Service (IRS),
Treasury.
AGENCY:
Notice and request for
comments.
ACTION:
The Internal Revenue Service,
as part of its continuing effort to reduce
paperwork and respondent burden,
invites the general public and other
Federal agencies to take this
opportunity to comment on proposed
and/or continuing information
collections, as required by the
Paperwork Reduction Act of 1995.
Currently, the IRS is soliciting
comments concerning Foreign Tax
Credit (Individual, Estate, or Trust).
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SUMMARY:
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Written comments should be
received on or before August 3, 2020 to
be assured of consideration.
ADDRESSES: Direct all written comments
to Kinna Brewington, Internal Revenue
Service, Room 6526, 1111 Constitution
Avenue NW, Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the form and instructions
should be directed to LaNita Van Dyke,
(202) 317–6009, at Internal Revenue
Service, Room 6526, 1111 Constitution
Avenue NW, Washington, DC 20224, or
through the internet at
Lanita.VanDyke@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Foreign Tax Credit (Individual,
Estate, or Trust).
OMB Number: 1545–0121.
Form Number: 1116.
Abstract: Form 1116 is used by
individuals (including nonresident
aliens), estates, or trusts who paid
foreign income taxes on U.S. taxable
income, to compute the foreign tax
credit. This information is used by the
IRS to determine if the foreign tax credit
is properly computed.
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: Individuals or
households.
Estimated Number of Responses:
4,143,255.
Estimated Time per Respondent: 6.05
hours.
Estimated Total Annual Burden
Hours: 25,066,693.
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
DATES:
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Fmt 4703
Sfmt 4703
of the burden of the collection of
information; (c) ways to enhance the
quality, utility, and clarity of the
information to be collected; (d) ways to
minimize the burden of the collection of
information on respondents, including
through the use of automated collection
techniques or other forms of information
technology; and (e) estimates of capital
or start-up costs and costs of operation,
maintenance, and purchase of services
to provide information.
Approved: May 21, 2020.
Martha Brinson,
Tax Analyst.
[FR Doc. 2020–11788 Filed 6–1–20; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Revenue Procedure 2004–
47
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
The Internal Revenue Service,
as part of its continuing effort to reduce
paperwork and respondent burden,
invites the general public and other
Federal agencies to take this
opportunity to comment on proposed
and/or continuing information
collections, as required by the
Paperwork Reduction Act of 1995.
Currently, the IRS is soliciting
comments concerning Relief From
Ruling Process For Making Late Reverse
QTIP Election.
DATES: Written comments should be
received on or before August 3, 2020 to
be assured of consideration.
ADDRESSES: Direct all written comments
to Kinna Brewington, Internal Revenue
Service, Room 6526, 1111 Constitution
Avenue NW, Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for copies of the revenue
procedure should be directed to LaNita
Van Dyke, at (202) 317–6009, at Internal
Revenue Service, Room 6526, 1111
Constitution Avenue NW, Washington,
DC 20224, or through the internet at
Lanita.VanDyke@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Relief From Ruling Process For
Making Late Reverse QTIP Election.
OMB Number: 1545–1898.
Revenue Procedure Number: Revenue
Procedure 2004–47.
Abstract: Revenue Procedure 2004–47
provides alternative relief for taxpayers
SUMMARY:
E:\FR\FM\02JNN1.SGM
02JNN1
Federal Register / Vol. 85, No. 106 / Tuesday, June 2, 2020 / Notices
khammond on DSKJM1Z7X2PROD with NOTICES
who failed to make a reverse QTIP
election on an estate tax return. Instead
of requesting a private letter ruling and
paying the accompanying user fee the
taxpayer may file certain documents
with the Cincinnati Service Center
directly to request relief.
Current Actions: There are no changes
being made to the revenue procedure at
this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals or
households.
Estimated Number of Respondents: 6.
Estimated Annual Average Time per
Respondent: 9 hours.
Estimated Total Annual Hours: 54.
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
VerDate Sep<11>2014
20:46 Jun 01, 2020
Jkt 250001
minimize the burden of the collection of
information on respondents, including
through the use of automated collection
techniques or other forms of information
technology; and (e) estimates of capital
or start-up costs and costs of operation,
maintenance, and purchase of services
to provide information.
Approved: May 21, 2020.
Martha Brinson,
Tax Analyst.
[FR Doc. 2020–11789 Filed 6–1–20; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF VETERANS
AFFAIRS
[OMB Control No. 2900–0696]
Agency Information Collection Activity
Under OMB Review: Availability of
Educational, Licensing, and
Certification Records
Veterans Benefits
Administration, Department of Veterans
Affairs.
ACTION: Notice.
AGENCY:
In compliance with the
Paperwork Reduction Act (PRA) of 1995
this notice announces that the Veterans
Benefits Administration (VBA),
Department of Veterans Affairs, will
submit the collection of information
abstracted below to the Office of
Management and Budget (OMB) for
review and comment. The PRA
submission describes the nature of the
information collection and its expected
cost and burden.
DATES: Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice to www.reginfo.gov/public/do/
PRAMain. Find this particular
information collection by selecting
SUMMARY:
PO 00000
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33793
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function. Refer to ‘‘OMB Control
No. 2900–0696.
SUPPLEMENTARY INFORMATION:
Authority: 10 U.S.C. 16136; 38 U.S.C.
3034, 3241, 3323, 3689, 3690.
Title: Availability of Educational,
Licensing, and Certification Records.
OMB Control Number: 2900–0696.
Type of Review: Revision of a
currently approved collection.
Abstract: VA uses this information to
decide whether beneficiaries of
educational assistance have been
properly paid, and whether educational
institutions and organizations or entities
offering approved licensing and
certification tests are following the
applicable sections of the U.S. Code.
An agency may not conduct or
sponsor, and a person is not required to
respond to a collection of information
unless it displays a currently valid OMB
control number. The Federal Register
Notice with a 60-day comment period
soliciting comments on this collection
of information was published at 85 FR
48 on March 11, 2020, pages 14291 &
14292.
Affected Public: Educational
Institutions and Organizations.
Estimated Annual Burden: 9,858
hours.
Estimated Average Burden Per
Respondent: 5 hours (300 minutes).
Frequency of Response: On Occasion.
Actual Number of Respondents:
4,929.
By direction of the Secretary.
Danny S. Green,
VA Clearance Officer, Office of Quality,
Performance and Risk, Department of
Veterans Affairs.
[FR Doc. 2020–11817 Filed 6–1–20; 8:45 am]
BILLING CODE 8320–01–P
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02JNN1
]]>Agencies
[Federal Register Volume 85, Number 106 (Tuesday, June 2, 2020)]
[Notices]
[Pages 33792-33793]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-11789]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Revenue Procedure 2004-
47
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
proposed and/or continuing information collections, as required by the
Paperwork Reduction Act of 1995. Currently, the IRS is soliciting
comments concerning Relief From Ruling Process For Making Late Reverse
QTIP Election.
DATES: Written comments should be received on or before August 3, 2020
to be assured of consideration.
ADDRESSES: Direct all written comments to Kinna Brewington, Internal
Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC
20224.
FOR FURTHER INFORMATION CONTACT: Requests for copies of the revenue
procedure should be directed to LaNita Van Dyke, at (202) 317-6009, at
Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW,
Washington, DC 20224, or through the internet at
[email protected].
SUPPLEMENTARY INFORMATION:
Title: Relief From Ruling Process For Making Late Reverse QTIP
Election.
OMB Number: 1545-1898.
Revenue Procedure Number: Revenue Procedure 2004-47.
Abstract: Revenue Procedure 2004-47 provides alternative relief for
taxpayers
[[Page 33793]]
who failed to make a reverse QTIP election on an estate tax return.
Instead of requesting a private letter ruling and paying the
accompanying user fee the taxpayer may file certain documents with the
Cincinnati Service Center directly to request relief.
Current Actions: There are no changes being made to the revenue
procedure at this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals or households.
Estimated Number of Respondents: 6.
Estimated Annual Average Time per Respondent: 9 hours.
Estimated Total Annual Hours: 54.
The following paragraph applies to all of the collections of
information covered by this notice:
An agency may not conduct or sponsor, and a person is not required
to respond to, a collection of information unless the collection of
information displays a valid OMB control number. Books or records
relating to a collection of information must be retained as long as
their contents may become material in the administration of any
internal revenue law. Generally, tax returns and tax return information
are confidential, as required by 26 U.S.C. 6103.
Request for Comments: Comments submitted in response to this notice
will be summarized and/or included in the request for OMB approval. All
comments will become a matter of public record. Comments are invited
on: (a) Whether the collection of information is necessary for the
proper performance of the functions of the agency, including whether
the information shall have practical utility; (b) the accuracy of the
agency's estimate of the burden of the collection of information; (c)
ways to enhance the quality, utility, and clarity of the information to
be collected; (d) ways to minimize the burden of the collection of
information on respondents, including through the use of automated
collection techniques or other forms of information technology; and (e)
estimates of capital or start-up costs and costs of operation,
maintenance, and purchase of services to provide information.
Approved: May 21, 2020.
Martha Brinson,
Tax Analyst.
[FR Doc. 2020-11789 Filed 6-1-20; 8:45 am]
BILLING CODE 4830-01-P
