Proposed Collection; Comment Request for Form 8971, 9996-9997 [2021-03136]
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9996
Federal Register / Vol. 86, No. 30 / Wednesday, February 17, 2021 / Notices
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the long form disclosures to the
customer.
Pursuant to § 37.7(c), if the DCC or
DSA is solicited through written
materials such as mail inserts or ‘‘take
one’’ applications and the bank provides
only the short form disclosures in the
written materials, then the bank shall
mail the acknowledgment, together with
the long form disclosures, to the
customer. The bank may not obligate the
customer to pay for the contract until
after the bank has received the
customer’s written acknowledgment of
receipt of disclosures, unless the bank
takes certain steps, maintains certain
documentation, and permits the
customer to cancel the purchase within
30 days after mailing the long form
disclosures to the customer. Section
37.7(d) permits the customer’s
affirmative election and
acknowledgment to be made
electronically.
Type of Review: Regular.
Affected Public: Businesses or other
for-profit.
Number of Respondents: 1,098.
Total Annual Burden Hours: 26,352
hours.
Comments submitted in response to
this notice will be summarized and
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
OCC, including whether the information
shall have practical utility;
(b) The accuracy of the OCC’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 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.
Theodore J. Dowd,
Deputy Chief Counsel, Office of the
Comptroller of the Currency.
[FR Doc. 2021–03125 Filed 2–16–21; 8:45 am]
BILLING CODE 4810–33–P
VerDate Sep<11>2014
20:43 Feb 16, 2021
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for TD 8383
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 information
collections, as required by the
Paperwork Reduction Act of 1995. The
IRS is soliciting comments concerning
disclosure of tax return information for
purposes of quality or peer reviews,
disclosure of tax return information due
to incapacity or death of tax return
preparer.
SUMMARY:
Written comments should be
received on or before April 19, 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 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: Disclosure of Tax Return
Information for Purposes of Quality or
Peer Reviews, Due to Incapacity or
Death of Tax Return Preparer.
OMB Number: 1545–1209. Regulation
Project Number: TD 8383.
Abstract: These regulations govern the
circumstances under which tax return
information may be disclosed for
purposes of conducting quality or peer
reviews, and disclosures that are
necessary because of the tax return
preparer’s death or incapacity.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
250,000.
Estimated Time per Respondent: 1
hour.
Estimated Total Annual Burden
Hours: 250,000.
DATES:
PO 00000
Frm 00092
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: February 11, 2021.
Sara L. Covington,
IRS Tax Analyst.
[FR Doc. 2021–03142 Filed 2–16–21; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 8971
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 information
collections, as required by the
Paperwork Reduction Act of 1995. The
IRS is soliciting comments concerning
Form 8971, Information Regarding
SUMMARY:
E:\FR\FM\17FEN1.SGM
17FEN1
jbell on DSKJLSW7X2PROD with NOTICES
Federal Register / Vol. 86, No. 30 / Wednesday, February 17, 2021 / Notices
Beneficiaries Acquiring Property from a
Decedent.
DATES: Written comments should be
received on or before April 19, 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.
Requests for additional information or
copies of the form(s) and instructions
should be directed to Sara Covington,
(737) 800–6149 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: Information Regarding
Beneficiaries Acquiring Property from a
Decedent.
OMB Number: 1545–2264.
Form Number: 8971.
Abstract: The Surface Transportation
and Veterans Health Care Choice
Improvement Act of 2015 requires
executors of an estate and other persons
who are required to file a Form 706,
Form 706–NA, or Form 706–A, to report
to the Internal Revenue Service (IRS)
and to each beneficiary receiving
property from an estate the estate tax
value of the property, if the return is
filed after July 31, 2015. Form 8971 is
used to report to the IRS and a Schedule
A will be sent to each beneficiary and
a copy of each Schedule A will be
attached to the Form 8971. Some
property received by a beneficiary may
have a consistency requirement,
meaning that the beneficiary must use
the value reported on the Schedule A as
the beneficiary’s initial basis of the
property. A beneficiary is an individual,
trust, or other estate who has acquired
(or is expected to acquire) property from
the estate. If the executor is also a
beneficiary who has acquired (or is
expected to acquire) property from the
estate, the executor is a beneficiary for
purposes of the Form 8971 and the
attached Schedule A.
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, Business or other
for-profit organization, and not-forprofit institutions.
Estimated Number of Responses:
10,000.
Estimated Time per Response: 20
hours.
Estimated Total Annual Burden
Hours: 200,000.
The following paragraph applies to all
of the collections of information covered
by this notice:
VerDate Sep<11>2014
20:43 Feb 16, 2021
Jkt 253001
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: February 2, 2021.
Sara L. Covington,
IRS Tax Analyst.
[FR Doc. 2021–03136 Filed 2–16–21; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 8945
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 information
collections, as required by the
Paperwork Reduction Act of 1995. The
IRS is soliciting comments concerning
Form 8945, PTIN Supplemental
Application For U.S. Citizens Without a
Social Security Number Due to
Conscientious Religious Objection.
SUMMARY:
PO 00000
Frm 00093
Fmt 4703
Sfmt 4703
9997
Written comments should be
received on or before April 19, 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 and instructions
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: The IRS is
seeking comments concerning the
following form, and reporting and
record-keeping requirements:
Title: PTIN Supplemental Application
for U.S. Citizens Without A Social
Security Number Due To Conscientious
Religious Objection.
OMB Number: 1545–2188.
Form Number: 8945.
Abstract: Form 8945 is used by U. S.
citizens who are members of certain
recognized religious groups that want to
prepare tax returns for compensation.
Most individuals applying for a Preparer
Tax Identification Number (PTIN) will
have a social security number, which
will be used to help establish their
identity. However, there exists a
population of U.S. residents that are
religious objectors and do not have
social security numbers. Form 8945 was
created to assist that population in
establishing their identity while
applying for a PTIN.
Current Actions: There is no change
in the paperwork burden previously
approved by OMB. This form is being
submitted for renewal purposes.
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses and other
for-profit organizations.
Estimated Number of Respondents:
500.
Estimated Time per Respondent: 7
hrs., 11 min.
Estimated Total Annual Burden
Hours: 3,590.
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,
DATES:
E:\FR\FM\17FEN1.SGM
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]]>Agencies
[Federal Register Volume 86, Number 30 (Wednesday, February 17, 2021)]
[Notices]
[Pages 9996-9997]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-03136]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 8971
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
information collections, as required by the Paperwork Reduction Act of
1995. The IRS is soliciting comments concerning Form 8971, Information
Regarding
[[Page 9997]]
Beneficiaries Acquiring Property from a Decedent.
DATES: Written comments should be received on or before April 19, 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.
Requests for additional information or copies of the form(s) and
instructions should be directed to Sara Covington, (737) 800-6149
Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW,
Washington, DC 20224, or through the internet at
[email protected].
SUPPLEMENTARY INFORMATION:
Title: Information Regarding Beneficiaries Acquiring Property from
a Decedent.
OMB Number: 1545-2264.
Form Number: 8971.
Abstract: The Surface Transportation and Veterans Health Care
Choice Improvement Act of 2015 requires executors of an estate and
other persons who are required to file a Form 706, Form 706-NA, or Form
706-A, to report to the Internal Revenue Service (IRS) and to each
beneficiary receiving property from an estate the estate tax value of
the property, if the return is filed after July 31, 2015. Form 8971 is
used to report to the IRS and a Schedule A will be sent to each
beneficiary and a copy of each Schedule A will be attached to the Form
8971. Some property received by a beneficiary may have a consistency
requirement, meaning that the beneficiary must use the value reported
on the Schedule A as the beneficiary's initial basis of the property. A
beneficiary is an individual, trust, or other estate who has acquired
(or is expected to acquire) property from the estate. If the executor
is also a beneficiary who has acquired (or is expected to acquire)
property from the estate, the executor is a beneficiary for purposes of
the Form 8971 and the attached Schedule A.
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, Business or other for-profit
organization, and not-for-profit institutions.
Estimated Number of Responses: 10,000.
Estimated Time per Response: 20 hours.
Estimated Total Annual Burden Hours: 200,000.
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: February 2, 2021.
Sara L. Covington,
IRS Tax Analyst.
[FR Doc. 2021-03136 Filed 2-16-21; 8:45 am]
BILLING CODE 4830-01-P
