Proposed Collection; Comment Request for Regulation Project, 75405-75406 [2020-26018]
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Federal Register / Vol. 85, No. 228 / Wednesday, November 25, 2020 / Notices
mitigate the impacts during these threat
scenarios.
The purpose of the workshop, which
is a key component of stakeholder
engagement of the DOT pilot program,
is to increase public awareness of realworld incidents of the GPS signal being
jammed or spoofed in a maritime
environment and to discuss potential
options to detect this interference, as
well as use of complementary PNT
technologies to provide a resilient PNT
capability in the maritime environment.
Issued this 20th day of November, 2020, in
Washington, DC.
Diana Furchtgott-Roth,
Deputy Assistant Secretary for Research and
Technology, U.S. Department of
Transportation.
[FR Doc. 2020–26120 Filed 11–24–20; 8:45 am]
BILLING CODE 4910–9X–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Regulation Project
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
The Internal Revenue Service,
as part of its continuing effort to reduce
paperwork and respondent burden,
invites the general public and other
Federal agencies to take this
opportunity to comment on continuing
information collections, as required by
the Paperwork Reduction Act of 1995.
The IRS is soliciting comments
concerning the monthly tax return for
wagers.
SUMMARY:
Written comments should be
received on or before January 25, 2021
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 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: Monthly Tax Return for Wagers.
OMB Number: 1545–0235.
Regulation Project Number: Form 730.
Abstract: Form 730 is used to identify
taxable wagers under Internal Revenue
Code section 4401 and collect the tax
jbell on DSKJLSW7X2PROD with NOTICES
DATES:
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16:27 Nov 24, 2020
Jkt 253001
monthly. The information is used to
determine if persons accepting wagers
are correctly reporting the amount of
wagers and paying the required tax.
Current Actions: There is no change to
this existing form.
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses or other
for-profit organizations and individuals.
Estimated Number of Respondents:
51,082.
Estimated Time per Respondent: 8
hours, 11 minutes.
Estimated Total Annual Burden
Hours: 418,362.
The following paragraph applies to all
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: November 18, 2020.
Chakinna B. Clemons,
Supervisory Tax Analyst.
[FR Doc. 2020–25998 Filed 11–24–20; 8:45 am]
BILLING CODE 4830–01–P
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Fmt 4703
Sfmt 4703
75405
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Regulation Project
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
The Internal Revenue Service,
as part of its effort to reduce paperwork
and respondent burden, invites the
general public and Federal agencies to
take this opportunity to comment on
continuing information collections, as
required by the Paperwork Reduction
Act of 1995. The IRS is soliciting
comments concerning Treatment of
Gain from the Disposition of Interest in
Certain Natural Resource Recapture
Property by S Corporations and Their
Shareholders.
SUMMARY:
Written comments should be
received on or before January 25, 2021
to be assured of consideration.
ADDRESSES: Direct all written comments
to Paul D. Adams, Internal Revenue
Service, Room 6526, 1111 Constitution
Avenue NW, Washington, DC 20224.
Requests for additional information or
copies of the information collection
should be directed to Sara Covington,
(737) 800–6149, at Internal Revenue
Service, Room 6526, 1111 Constitution
Avenue NW, Washington, DC 20224, or
through the internet, at
Sara.L.Covington@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Treatment of Gain From the
Disposition of Interest in Certain
Natural Resource Recapture Property by
S Corporations and Their Shareholders.
OMB Number: 1545–1493.
Regulation Project Number: T.D. 8684.
Abstract: This regulation prescribes
rules under Code section 1254 relating
to the treatment by S corporations and
their shareholders of gain from the
disposition of natural resource recapture
property and from the sale or exchange
of S corporation stock. Section 1.1254–
4(c)(2) of the regulation provides that
gain recognized on the sale or exchange
of S corporation stock is not treated as
ordinary income if the shareholder
attaches a statement to his or her return
containing information establishing that
the gain is not attributable to section
1254 costs.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations, and individuals.
DATES:
E:\FR\FM\25NON1.SGM
25NON1
75406
Federal Register / Vol. 85, No. 228 / Wednesday, November 25, 2020 / Notices
Estimated Number of Respondents:
1,000.
Estimated Time per Respondent: 1
hour.
Estimated Total Annual Burden
Hours: 1,000.
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: November 19, 2020.
Sara L. Covington,
IRS Tax Analyst.
[FR Doc. 2020–26018 Filed 11–24–20; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Forms 8609 and 8609A.
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
jbell on DSKJLSW7X2PROD with NOTICES
AGENCY:
The Internal Revenue Service
(IRS), as part of its continuing effort to
reduce paperwork and respondent
burden, invites the general public and
other Federal agencies to take this
SUMMARY:
VerDate Sep<11>2014
16:27 Nov 24, 2020
Jkt 253001
opportunity to comment on proposed
and/or continuing information
collections, as required by the
Paperwork Reduction Act of 1995. The
IRS is soliciting comments concerning
Form 8609, Low-Income Housing Credit
Allocation and Certification, and Form
8609–A, Annual Statement for LowIncome Housing Credit.
DATES: Written comments should be
received on or before January 25, 2021
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 regulation should be
directed to LaNita Van Dyke, at (202)
317–6009 or Internal Revenue Service,
room 6526, 1111 Constitution Avenue
NW, Washington, DC 20224, or through
the internet at Lanita.VanDyke@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Low-Income Housing Credit
Allocation and Certification.
OMB Number: 1545–0988.
Form Number: Form 8609 and Form
8609A.
Abstract: Owners of residential lowincome rental buildings are allowed a
low-income housing credit for each
qualified building over a 10-year credit
period. Form 8609 can be used to obtain
a housing credit allocation from the
housing credit agency. A separate Form
8609 must be issued for each building
in a multiple building project. Form
8609 is also used to certify certain
information. Form 8609–A is filed by a
building owner to report compliance
with the low-income housing provisions
and calculate the low-income housing
credit. Form 8609–A must be filed by
the building owner for each year of the
15-year compliance period. File one
Form 8609–A for the allocation(s) for
the acquisition of an existing building
and a separate Form 8609–A for the
allocation(s) for rehabilitation
expenditures.
Current Actions: There is no change to
this existing regulation. However, the
agency has updated the number of
respondents to reflect the most recent
data available.
Type of Review: Revision of a
currently approved collection.
Affected Public: Businesses or other
for-profit organizations, not-for-profit
institutions, and farms.
Estimated Number of Respondents:
30,000.
Estimated Time per Respondent: 18
hours, 16 minutes.
Estimated Total Annual Burden
Hours: 414,915.
PO 00000
Frm 00124
Fmt 4703
Sfmt 4703
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: November 18, 2020.
Chakinna B. Clemons,
Supervisory Tax Analyst.
[FR Doc. 2020–25996 Filed 11–24–20; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Regulation Project
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
The Internal Revenue Service,
as part of its continuing effort to reduce
paperwork and respondent burden,
invites the general public and other
Federal agencies to take this
opportunity to comment on continuing
information collections, as required by
the Paperwork Reduction Act of 1995.
The IRS is soliciting comments
concerning product liability losses and
SUMMARY:
E:\FR\FM\25NON1.SGM
25NON1
]]>Agencies
[Federal Register Volume 85, Number 228 (Wednesday, November 25, 2020)]
[Notices]
[Pages 75405-75406]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-26018]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Regulation Project
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
SUMMARY: The Internal Revenue Service, as part of its effort to reduce
paperwork and respondent burden, invites the general public and Federal
agencies to take this opportunity to comment on continuing information
collections, as required by the Paperwork Reduction Act of 1995. The
IRS is soliciting comments concerning Treatment of Gain from the
Disposition of Interest in Certain Natural Resource Recapture Property
by S Corporations and Their Shareholders.
DATES: Written comments should be received on or before January 25,
2021 to be assured of consideration.
ADDRESSES: Direct all written comments to Paul D. Adams, Internal
Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC
20224. Requests for additional information or copies of the information
collection should be directed to Sara Covington, (737) 800-6149, at
Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW,
Washington, DC 20224, or through the internet, at
[email protected].
SUPPLEMENTARY INFORMATION:
Title: Treatment of Gain From the Disposition of Interest in
Certain Natural Resource Recapture Property by S Corporations and Their
Shareholders.
OMB Number: 1545-1493.
Regulation Project Number: T.D. 8684.
Abstract: This regulation prescribes rules under Code section 1254
relating to the treatment by S corporations and their shareholders of
gain from the disposition of natural resource recapture property and
from the sale or exchange of S corporation stock. Section 1.1254-
4(c)(2) of the regulation provides that gain recognized on the sale or
exchange of S corporation stock is not treated as ordinary income if
the shareholder attaches a statement to his or her return containing
information establishing that the gain is not attributable to section
1254 costs.
Current Actions: There is no change to this existing regulation.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations, and
individuals.
[[Page 75406]]
Estimated Number of Respondents: 1,000.
Estimated Time per Respondent: 1 hour.
Estimated Total Annual Burden Hours: 1,000.
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: November 19, 2020.
Sara L. Covington,
IRS Tax Analyst.
[FR Doc. 2020-26018 Filed 11-24-20; 8:45 am]
BILLING CODE 4830-01-P
