Proposed Collection; Requesting Comments on Form 5498, IRA Contribution Information, 24692-24693 [2021-09681]
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24692
Federal Register / Vol. 86, No. 87 / Friday, May 7, 2021 / Notices
of, inter alia, persons listed on the
Annex to the Order.
On July 30, 2004, the President issued
Executive Order 13350, which, inter
alia, replaced the Annex to Executive
Order 13315 with a new Annex that
included the names of individuals and
entities, including individuals and
entities that had previously been
designated under Executive Order
12722 and related authorities.
On April 30, 2021, OFAC determined
that the following individual should be
removed from the SDN List and that the
property and interests in property
subject to U.S. jurisdiction of the
following person are unblocked.
Individual
1. AL–HASSAN, Anas Malik Dohan
(a.k.a. ALHASSAN, Anas; a.k.a.
DOHAN, Anas; a.k.a. DOHAN, Anas
Malik; a.k.a. MALIK, Anas). Baghdad,
Iraq (individual) [IRAQ2]
Dated: April 30, 2021.
Bradley T. Smith,
Acting Director, Office of Foreign Assets
Control.
[FR Doc. 2021–09648 Filed 5–6–21; 8:45 am]
BILLING CODE 4810–AL–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Requesting
Comments on Form 1099–R
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. The IRS is soliciting
comments concerning Form 1099–R,
Distributions From Pensions, Annuities,
Retirement or Profit-sharing Plans, IRAs,
Insurance Contracts, etc.
DATES: Written comments should be
received on or before July 6, 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.
You must reference the information
collection’s title, form number,
reporting or record-keeping requirement
number, and OMB number in your
comment.
SUMMARY:
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19:55 May 06, 2021
Jkt 253001
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the form and instructions
should be directed to Jon Callahan,
(737) 800–7639, at Internal Revenue
Service, Room 6526, 1111 Constitution
Avenue NW, Washington, DC 20224, or
through the internet at jon.r.callahan@
irs.gov.
The IRS is
currently seeking comments concerning
the following information collection
tools, reporting, and record-keeping
requirements:
Title: Distributions From Pensions,
Annuities, Retirement or Profit-sharing
Plans, IRAs, Insurance Contracts, etc.
OMB Number: 1545–0119.
Form Number: 1099–R.
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 the IRS to verify that income
has been properly reported by the
recipient.
Current Actions: There are changes to
the existing collection: (1) The existing
FATCA and Date of payment boxes were
given line numbers, and (2) the age for
IRA required minimum distributions
was changed to age 72 beginning in
2020 per the SECURE Act.
Type of Review: Revision of a
currently approved collection.
Affected Public: Businesses or other
for-profit organizations, not for-profit
institutions, and Federal, state, local or
tribal governments.
Estimated Number of Responses:
105,974,100.
Estimated Time per Respondent: 26
minutes.
Estimated Total Annual Burden
Hours: 46,628,604.
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
SUPPLEMENTARY INFORMATION:
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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: April 22, 2021.
Chakinna B. Clemons,
Supervisory Tax Analyst.
[FR Doc. 2021–09680 Filed 5–6–21; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Requesting
Comments on Form 5498, IRA
Contribution Information
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. The IRS is soliciting
comments concerning Form 5498, IRA
Contribution Information.
DATES: Written comments should be
received on or before July 6, 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.
You must reference the information
collection’s title, form number,
reporting or record-keeping requirement
number, and OMB number in your
comment.
SUMMARY:
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the form and instructions
should be directed to Jon Callahan,
(737) 800–7639, at Internal Revenue
Service, Room 6526, 1111 Constitution
Avenue NW, Washington, DC 20224, or
E:\FR\FM\07MYN1.SGM
07MYN1
Federal Register / Vol. 86, No. 87 / Friday, May 7, 2021 / Notices
through the internet at jon.r.callahan@
irs.gov.
The IRS is
currently seeking comments concerning
the following information collection
tools, reporting, and record-keeping
requirements:
Title: IRA Contribution Information.
OMB Number: 1545–0747.
Form Number: 5498.
Abstract: Form 5498 is used by
trustees and issuers to report
contributions to, and the fair market
value of, an individual retirement
arrangement (IRA). The information on
the form will be used by IRS to verify
compliance with the reporting rules
under regulation section 1.408–5 and to
verify that the participant in the IRA has
made the contribution that supports the
deduction taken.
Current Actions: There is no change to
the existing collection.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
25,000.
Estimated Number of Responses:
118,858,000.
Estimated Time per Respondent: 24
minutes.
Estimated Total Annual Burden
Hours: 48,731,780.
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
SUPPLEMENTARY INFORMATION:
VerDate Sep<11>2014
19:55 May 06, 2021
Jkt 253001
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: April 30, 2021.
Chakinna B. Clemons,
Supervisory Tax Analyst.
[FR Doc. 2021–09681 Filed 5–6–21; 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 proposed
and/or continuing information
collections, as required by the
Paperwork Reduction Act of 1995.
Currently, the IRS is soliciting
comments concerning, Miscellaneous
Sections Affected by the Taxpayer Bill
of Rights 2 and the Personal
Responsibility and Work Opportunity
Reconciliation Act of 1996.
DATES: Written comments should be
received on or before July 6, 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.
You must reference the information
collection’s title, form number,
reporting or record-keeping requirement
number, and OMB number in your
comment.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the form and instructions
should be directed to Jon Callahan,
(737) 800–7639, at Internal Revenue
Service, Room 6526, 1111 Constitution
Avenue NW, Washington, DC 20224, or
through the internet at jon.r.callahan@
irs.gov.
SUPPLEMENTARY INFORMATION: The IRS is
currently seeking comments concerning
the following information collection
tools, reporting, and record-keeping
requirements:
Title: Miscellaneous Sections Affected
by the Taxpayer Bill of Rights 2 and the
SUMMARY:
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24693
Personal Responsibility and Work
Opportunity Reconciliation Act of 1996.
OMB Number: 1545–1356.
Regulation Project Number: TD 8725.
Abstract: Under Internal Revenue
Code Section 7430, a prevailing party
may recover the reasonable
administrative or litigation costs
incurred in an administrative or civil
proceeding that relates to the
determination, collection, or refund of
any tax, interest, or penalty. Treasury
Regulation Section 301.7430–2(c)
provides that the IRS will not award
administrative costs under section 7430
unless the taxpayer files a written
request in accordance with the
requirements of the regulation.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals or
households, and business or other forprofit organizations, not-for-profit
institutions, farms, and the Federal
government.
Estimated Number of Respondents:
38.
Estimated Time per Respondent: 2
hours, 16 minutes.
Estimated Total Annual Burden
Hours: 86.
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
E:\FR\FM\07MYN1.SGM
07MYN1
]]>Agencies
[Federal Register Volume 86, Number 87 (Friday, May 7, 2021)]
[Notices]
[Pages 24692-24693]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-09681]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Requesting Comments on Form 5498, IRA
Contribution Information
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. The IRS is soliciting comments
concerning Form 5498, IRA Contribution Information.
DATES: Written comments should be received on or before July 6, 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. You must reference the information collection's title, form
number, reporting or record-keeping requirement number, and OMB number
in your comment.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the form and instructions should be directed to Jon Callahan,
(737) 800-7639, at Internal Revenue Service, Room 6526, 1111
Constitution Avenue NW, Washington, DC 20224, or
[[Page 24693]]
through the internet at [email protected].
SUPPLEMENTARY INFORMATION: The IRS is currently seeking comments
concerning the following information collection tools, reporting, and
record-keeping requirements:
Title: IRA Contribution Information.
OMB Number: 1545-0747.
Form Number: 5498.
Abstract: Form 5498 is used by trustees and issuers to report
contributions to, and the fair market value of, an individual
retirement arrangement (IRA). The information on the form will be used
by IRS to verify compliance with the reporting rules under regulation
section 1.408-5 and to verify that the participant in the IRA has made
the contribution that supports the deduction taken.
Current Actions: There is no change to the existing collection.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations.
Estimated Number of Respondents: 25,000.
Estimated Number of Responses: 118,858,000.
Estimated Time per Respondent: 24 minutes.
Estimated Total Annual Burden Hours: 48,731,780.
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: April 30, 2021.
Chakinna B. Clemons,
Supervisory Tax Analyst.
[FR Doc. 2021-09681 Filed 5-6-21; 8:45 am]
BILLING CODE 4830-01-P
