Proposed Extension of Information Collection Request Submitted for Public Comment; Comment Request for Form 5310-A, 1484-1485 [2022-00330]
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Federal Register / Vol. 87, No. 7 / Tuesday, January 11, 2022 / Notices
is spent by an employee with the role
of general oversight? Of general
supervision? Of direct supervision? Of
clerical work? Of legal compliance? Of
computer support?
• Are there employees with any other
roles and corresponding staff positions
involved in filing reports of certain
transactions with designated FFAs?
• Does your financial institution
typically report the data for requests
that involve multiple designated FFAs
in one report or multiple reports for
each tranche of reporting?
• What challenges does your financial
institution face or overcome in
complying with FFA regulations?
• What can be done to improve
transparency and communication as
part of the FFA reporting process?
General 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: (i) 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;
(ii) the accuracy of the agency’s estimate
of the burden of the collection of
information; (iii) ways to enhance the
quality, utility, and clarity of the
information to be collected; (iv) 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 (v) estimates of capital
or start-up costs and costs of operation,
maintenance, and purchase of services
to provide information.
Himamauli Das,
Acting Director, Financial Crimes
Enforcement Network.
[FR Doc. 2022–00332 Filed 1–10–22; 8:45 am]
BILLING CODE 4810–02–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
khammond on DSKJM1Z7X2PROD with NOTICES
Proposed Extension of Information
Collection Request Submitted for
Public Comment; Comment Request
for Form 5754
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,
SUMMARY:
VerDate Sep<11>2014
20:03 Jan 10, 2022
Jkt 256001
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 Form
5754, Statement by Person(s) Receiving
Gambling Winnings.
DATES: Written comments should be
received on or before March 14, 2022 to
be assured of consideration.
ADDRESSES: Written comments and
recommendations for the proposed
information collection should be sent
within 60 days of publication of this
notice to omb.unit@irs.gov. Please
include, ‘‘OMB Number: 1545–0239—
Public Comment Request Notice’’ in the
Subject line. Requests for additional
information or copies of this collection
can be directed to Ronald J. Durbala, at
RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Statement by Person(s)
Receiving Gambling Winnings.
OMB Number: 1545–0239.
Project Number: Form 5754.
Abstract: Form 5754 is to be
completed if you receive gambling
winnings either for someone else or as
a member of a group of winners on the
same winning ticket. The information
you provide on the form enables the
payer of the winnings to prepare Form
W–2G, Certain Gambling Winnings, for
each winner to show the winnings
taxable to each.
Current Actions: There is no change
in the paperwork burden previously
approved by OMB. This form is being
submitted for renewal purposes only.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations, individuals or
households, and not-for-profit
institutions.
Estimated Number of Respondents:
204,000.
Estimated Time per Respondent: 12
min.
Estimated Total Annual Burden
Hours: 40,800.
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
PO 00000
Frm 00093
Fmt 4703
Sfmt 4703
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: January 5, 2022.
Ronald J. Durbala,
IRS Tax Analyst.
[FR Doc. 2022–00335 Filed 1–10–22; 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
for Form 5310–A
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 Form
5310–A, Notice of Plan Merger or
Consolidation, Spinoff, or Transfer of
SUMMARY:
E:\FR\FM\11JAN1.SGM
11JAN1
khammond on DSKJM1Z7X2PROD with NOTICES
Federal Register / Vol. 87, No. 7 / Tuesday, January 11, 2022 / Notices
Plan Assets or Liabilities, Notice of
Qualified Separate Lines of Business.
DATES: Written comments should be
received on or before March 14, 2022 to
be assured of consideration.
ADDRESSES: Written comments and
recommendations for the proposed
information collection should be sent
within 60 days of publication of this
notice to omb.unit@irs.gov. Please
include, ‘‘OMB Number: 1545–1225—
Public Comment Request Notice’’ in the
Subject line. Requests for additional
information or copies of this collection
can be directed to Ronald J. Durbala, at
RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Notice of Plan Merger or
Consolidation, Spinoff, or Transfer of
Plan Assets or Liabilities, Notice of
Qualified Separate Lines of Business.
OMB Number: 1545–1225.
Project Number: Form 5310–A.
Abstract: Internal Revenue Code
section 6058(b) requires plan
administrators to notify IRS of any plan
mergers, consolidations, spinoffs, or
transfers of plan assets or liabilities to
another plan. Code section 414(r)
requires employers to notify IRS of
separate lines of business for their
deferred compensation plans. Form
5310–A is used to make these
notifications.
Current Actions: There is no change
in the paperwork burden previously
approved by OMB. This form is being
submitted for renewal purposes only.
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses and other
for-profit organizations.
Estimated Number of Respondents:
694.
Estimated Time per Respondent: 10
hrs. 35 min.
Estimated Total Annual Burden
Hours: 7,349.
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:
VerDate Sep<11>2014
20:03 Jan 10, 2022
Jkt 256001
• 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: January 5, 2022.
Ronald J. Durbala,
IRS Tax Analyst.
[FR Doc. 2022–00330 Filed 1–10–22; 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
for Form 1094–B and Form 1095–B
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 Form
1094–B, Transmittal of Health Coverage
Information Returns and Form 1095–B,
Health Coverage.
DATES: Written comments should be
received on or before March 14, 2022 to
be assured of consideration.
ADDRESSES: Written comments and
recommendations for the proposed
information collection should be sent
SUMMARY:
PO 00000
Frm 00094
Fmt 4703
Sfmt 4703
1485
within 60 days of publication of this
notice to omb.unit@irs.gov. Please
include, ‘‘OMB Number: 1545–2252—
Public Comment Request Notice’’ in the
Subject line. Requests for additional
information or copies of this collection
can be directed to Ronald J. Durbala, at
RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Reporting of health insurance
coverage.
OMB Number: 1545–2252.
Project Number: TD 9660, Form 1094–
B, and Form 1095–B.
Abstract: This collection covers final
regulations providing guidance to
providers of minimum essential health
coverage that are subject to the
information reporting requirements of
section 6055 of the Internal Revenue
Code. Section 6055 requires every
person who provides minimum
essential coverage to file returns
reporting information for everyone for
whom they provide minimum essential
coverage. Form 1095–B, Health
Coverage, was created for reporting this
information. Form 1094–B, Transmittal
of Health Coverage Information Returns,
is used to transmit Form 1095–B.
Current Actions: There is no change
in the paperwork burden previously
approved by OMB. This form is being
submitted for renewal purposes only.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations, not-for-profit
institutions, farms, and state, local, or
tribal governments.
Estimated Number of Respondents:
125,030,000.
Estimated Time per Respondent: 11
min.
Estimated Total Annual Burden
Hours: 2,088,333.
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
E:\FR\FM\11JAN1.SGM
11JAN1
]]>Agencies
[Federal Register Volume 87, Number 7 (Tuesday, January 11, 2022)]
[Notices]
[Pages 1484-1485]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-00330]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Extension of Information Collection Request Submitted
for Public Comment; Comment Request for Form 5310-A
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 Form 5310-A, Notice of Plan Merger or Consolidation,
Spinoff, or Transfer of
[[Page 1485]]
Plan Assets or Liabilities, Notice of Qualified Separate Lines of
Business.
DATES: Written comments should be received on or before March 14, 2022
to be assured of consideration.
ADDRESSES: Written comments and recommendations for the proposed
information collection should be sent within 60 days of publication of
this notice to [email protected]. Please include, ``OMB Number: 1545-
1225--Public Comment Request Notice'' in the Subject line. Requests for
additional information or copies of this collection can be directed to
Ronald J. Durbala, at [email protected].
SUPPLEMENTARY INFORMATION:
Title: Notice of Plan Merger or Consolidation, Spinoff, or Transfer
of Plan Assets or Liabilities, Notice of Qualified Separate Lines of
Business.
OMB Number: 1545-1225.
Project Number: Form 5310-A.
Abstract: Internal Revenue Code section 6058(b) requires plan
administrators to notify IRS of any plan mergers, consolidations,
spinoffs, or transfers of plan assets or liabilities to another plan.
Code section 414(r) requires employers to notify IRS of separate lines
of business for their deferred compensation plans. Form 5310-A is used
to make these notifications.
Current Actions: There is no change in the paperwork burden
previously approved by OMB. This form is being submitted for renewal
purposes only.
Type of Review: Extension of a currently approved collection.
Affected Public: Businesses and other for-profit organizations.
Estimated Number of Respondents: 694.
Estimated Time per Respondent: 10 hrs. 35 min.
Estimated Total Annual Burden Hours: 7,349.
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: January 5, 2022.
Ronald J. Durbala,
IRS Tax Analyst.
[FR Doc. 2022-00330 Filed 1-10-22; 8:45 am]
BILLING CODE 4830-01-P
