Proposed Extension of Information Collection Request Submitted for Public Comment; Comment Request on Burden Related to Form 8938, Statement of Specified Foreign Financial Assets., 47741-47742 [2021-18404]
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Federal Register / Vol. 86, No. 163 / Thursday, August 26, 2021 / Notices
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Extension of Information
Collection Request Submitted for
Public Comment, Repayment of a
Buyout Prior to Re-Employment With
the Federal Government
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 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 a notice
regarding repayment of a buyout prior to
re-employment with the Federal
Government.
SUMMARY:
Written comments should be
received on or before October 25, 2021
to be assured of consideration.
ADDRESSES: Direct all written comments
to Kinna Brewington, Internal Revenue
Service, Room 6129, 1111 Constitution
Avenue NW, Washington, DC 20224.
Requests for additional information or
copies of the regulations should be
directed to R. Joseph Durbala, at Internal
Revenue Service, Room 6129, 1111
Constitution Avenue NW, Washington
DC 20224, or through the internet, at
RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Repayment of a buyout prior to
re-employment with the Federal
Government.
OMB Number: 1545–1920.
Form Number: 12311.
Abstract: This form requests
applicants to certify if they ever worked
for the Federal Government and if they
received a Buyout within the last 5
years. This is to ensure that applicants
who meet the criteria are counseled that
they are required to pay back the entire
Buyout prior to entering on duty with
the IRS.
Current Actions: There is no change to
the burden previously approved.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals or
households and Federal Government.
Estimated Number of Respondents:
6,624.
Estimated Time per Respondent: 4.8
mins.
Estimated Total Annual Burden
Hours: 530.
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DATES:
VerDate Sep<11>2014
17:30 Aug 25, 2021
Jkt 253001
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 if 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.
Desired Focus of Comments: The
Internal Revenue Service (IRS) is
particularly interested in comments
that:
• Evaluate whether the proposed
collection of information is necessary
for the proper performance of the
functions of the agency, including
whether the information will have
practical utility.
• Evaluate the accuracy of the
agency’s estimate of the burden of the
proposed collection of information,
including the validity of the
methodology and assumptions used;
• Enhance the quality, utility, and
clarity of the information to be
collected; and
• Minimize the burden of the
collection of information on those who
are to respond, including using
appropriate automated, electronic,
mechanical, or other technological
collection techniques or other forms of
information technology, e.g., by
permitting electronic submissions of
responses.
Comments submitted in response to
this notice will be summarized and/or
included in the ICR for OMB approval
of the extension of the information
collection; they will also become a
matter of public record.
Approved: August 23, 2021.
Ronald J. Durbala,
IRS Tax Analyst.
[FR Doc. 2021–18418 Filed 8–25–21; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Extension of Information
Collection Request Submitted for
Public Comment; Comment Request
on Burden Related to Form 8938,
Statement of Specified Foreign
Financial Assets.
Internal Revenue Service (IRS),
Treasury.
AGENCY:
PO 00000
Frm 00128
Fmt 4703
Sfmt 4703
47741
Notice and request for
comments.
ACTION:
The Internal Revenue Service,
as part of its continuing effort to reduce
paperwork and respondent burden,
invites the 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 the
burden related to Form 8938, Statement
of Specified Foreign Financial Assets.
DATES: Written comments should be
received on or before October 25, 2021
to be assured of consideration.
ADDRESSES: Direct all written comments
to Kinna Brewington, Internal Revenue
Service, Room 6529, 1111 Constitution
Avenue NW, Washington, DC 20224.
Requests for additional information or
copies of the regulations should be
directed to R. Joseph Durbala, at Internal
Revenue Service, Room 6129, 1111
Constitution Avenue NW, Washington
DC 20224, or through the internet, at
RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Statement of Specified Foreign
Financial Assets.
OMB Number: 1545–2195.
Regulation/Project Number: Form
8938.
Abstract: Form 8938 was developed to
comply with IRC section 6038D to
Report Foreign Financial Assets.
Taxpayers use Form 8938 to report
specified foreign financial assets if the
total value of all the specified foreign
financial assets in which they have an
interest is more than the appropriate
reporting threshold.
Current Actions: There is no change to
the burden previously approved.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals or
households, business, or other for-profit
organizations.
Estimated Number of Responses:
350,000.
Estimated Time per Respondent: 4
hours 43 minutes.
Estimated Total Annual Burden
Hours: 1,652,000.
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 if their contents may become
SUMMARY:
E:\FR\FM\26AUN1.SGM
26AUN1
47742
Federal Register / Vol. 86, No. 163 / Thursday, August 26, 2021 / Notices
jbell on DSKJLSW7X2PROD with NOTICES
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.
Desired Focus of Comments: The
Internal Revenue Service (IRS) is
particularly interested in comments
that:
• Evaluate whether the proposed
collection of information is necessary
for the proper performance of the
functions of the agency, including
whether the information will have
practical utility.
• Evaluate the accuracy of the
agency’s estimate of the burden of the
proposed collection of information,
including the validity of the
methodology and assumptions used;
• Enhance the quality, utility, and
clarity of the information to be
collected; and
• Minimize the burden of the
collection of information on those who
are to respond, including using
appropriate automated, electronic,
VerDate Sep<11>2014
17:30 Aug 25, 2021
Jkt 253001
mechanical, or other technological
collection techniques or other forms of
information technology, e.g., by
permitting electronic submissions of
responses.
Comments submitted in response to
this notice will be summarized and/or
included in the ICR for OMB approval
of the extension of the information
collection; they will also become a
matter of public record.
Approved: August 23, 2021.
Ronald J. Durbala,
IRS Tax Analyst.
[FR Doc. 2021–18404 Filed 8–25–21; 8:45 am]
ACTION:
Notice.
The United States Mint is announcing
new pricing for a United States Mint
numismatic product in accordance with
the table below:
Product
George Herbert Walker
Bush—Coin and Chronicles Set (20PA) ................
2021 retail
price
$120.00
FOR FURTHER INFORMATION CONTACT:
United States Mint
Josephine Campbell, Marketing
Specialist, Sales and Marketing; United
States Mint; 801 9th Street NW,
Washington, DC 20220; or call 202–354–
7750.
Authority: Public Law 116–112.
Establish Pricing for United States
Mint Numismatic Product
Eric Anderson,
Executive Secretary, United States Mint.
United States Mint, Department
of the Treasury.
[FR Doc. 2021–18310 Filed 8–25–21; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
AGENCY:
PO 00000
Frm 00129
Fmt 4703
Sfmt 9990
BILLING CODE P
E:\FR\FM\26AUN1.SGM
26AUN1
Agencies
[Federal Register Volume 86, Number 163 (Thursday, August 26, 2021)]
[Notices]
[Pages 47741-47742]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-18404]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Extension of Information Collection Request Submitted
for Public Comment; Comment Request on Burden Related to Form 8938,
Statement of Specified Foreign Financial Assets.
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 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 the burden related to Form 8938, Statement of Specified
Foreign Financial Assets.
DATES: Written comments should be received on or before October 25,
2021 to be assured of consideration.
ADDRESSES: Direct all written comments to Kinna Brewington, Internal
Revenue Service, Room 6529, 1111 Constitution Avenue NW, Washington, DC
20224. Requests for additional information or copies of the regulations
should be directed to R. Joseph Durbala, at Internal Revenue Service,
Room 6129, 1111 Constitution Avenue NW, Washington DC 20224, or through
the internet, at [email protected].
SUPPLEMENTARY INFORMATION:
Title: Statement of Specified Foreign Financial Assets.
OMB Number: 1545-2195.
Regulation/Project Number: Form 8938.
Abstract: Form 8938 was developed to comply with IRC section 6038D
to Report Foreign Financial Assets. Taxpayers use Form 8938 to report
specified foreign financial assets if the total value of all the
specified foreign financial assets in which they have an interest is
more than the appropriate reporting threshold.
Current Actions: There is no change to the burden previously
approved.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals or households, business, or other for-
profit organizations.
Estimated Number of Responses: 350,000.
Estimated Time per Respondent: 4 hours 43 minutes.
Estimated Total Annual Burden Hours: 1,652,000.
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 if their contents may become
[[Page 47742]]
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.
Desired Focus of Comments: The Internal Revenue Service (IRS) is
particularly interested in comments that:
Evaluate whether the proposed collection of information is
necessary for the proper performance of the functions of the agency,
including whether the information will have practical utility.
Evaluate the accuracy of the agency's estimate of the
burden of the proposed collection of information, including the
validity of the methodology and assumptions used;
Enhance the quality, utility, and clarity of the
information to be collected; and
Minimize the burden of the collection of information on
those who are to respond, including using appropriate automated,
electronic, mechanical, or other technological collection techniques or
other forms of information technology, e.g., by permitting electronic
submissions of responses.
Comments submitted in response to this notice will be summarized
and/or included in the ICR for OMB approval of the extension of the
information collection; they will also become a matter of public
record.
Approved: August 23, 2021.
Ronald J. Durbala,
IRS Tax Analyst.
[FR Doc. 2021-18404 Filed 8-25-21; 8:45 am]
BILLING CODE 4830-01-P