Proposed Extension of Information Collection Request Submitted for Public Comment; Comment Request for Form 1098-C, 17137-17138 [2022-06328]
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Federal Register / Vol. 87, No. 58 / Friday, March 25, 2022 / Notices
the data could not be verified to the
source on a test basis.
The Confidential Information
Protection and Statistical Efficiency Act
of 2002 (44 U.S.C. 3501 note), requires
a statistical agency to clearly identify
information it collects for non-statistical
purposes. BTS hereby notifies the
respondents and the public that BTS
uses the information it collects under
this Office of Management and Budget
(OMB) approval for non-statistical
purposes including, but not limited to,
publication of both Respondent’s
identity and its data, submission of the
information to agencies outside BTS for
review, analysis and possible use in
regulatory and other administrative
matters.
Issued in Washington, DC, on March 17,
2022.
William Chadwick, Jr.,
Director, Office of Airline Information,
Bureau of Transportation Statistics.
[FR Doc. 2022–06073 Filed 3–24–22; 8:45 am]
BILLING CODE 4910–9X–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Extension of Information
Collection Request Submitted for
Public Comment; Comment Request
for Form 4970
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
4970, Tax on Accumulation
Distributions of Trusts.
DATES: Written comments should be
received on or before May 24, 2022 to
be assured of consideration.
ADDRESSES: Direct all written comments
to Andre´s Garcia, Internal Revenue
Service, Room 6526, 1111 Constitution
Avenue NW, Washington, DC 20224, or
by email to omb.unit@irs.gov. Please
include, ‘‘OMB Number: 1545–0192—
Public Comment Request Notice’’ in the
Subject line.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the form and instructions
lotter on DSK11XQN23PROD with NOTICES1
SUMMARY:
VerDate Sep<11>2014
16:50 Mar 24, 2022
Jkt 256001
should be directed to Ronald J. Durbala,
at (202) 317–5746, at Internal Revenue
Service, Room 6526, 1111 Constitution
Avenue NW, Washington, DC 20224, or
through the internet at
RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Tax on Accumulation
Distribution of Trusts.
OMB Number: 1545–0192.
Project Number: Form 4970.
Abstract: Internal Revenue Code 667
requires a tax to be paid by a beneficiary
of domestic or foreign trust on
accumulation distributions. Form 4970
is used to compute the tax adjustment
attributable to an accumulation
distribution and to verify whether the
correct tax has been paid on the
accumulation distribution.
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: Individuals or
households.
Estimated Number of Respondents:
30,000.
Estimated Time per Respondent: 1 hr.,
25 min.
Estimated Total Annual Burden
Hours: 42,900.
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
PO 00000
Frm 00075
Fmt 4703
Sfmt 4703
17137
• 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: March 17, 2022.
Ronald J. Durbala,
IRS Tax Analyst.
[FR Doc. 2022–06290 Filed 3–24–22; 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 1098–C
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
1098–C, Contributions of Motor
Vehicles, Boats, and Airplanes.
DATES: Written comments should be
received on or before May 24, 2022 to
be assured of consideration.
ADDRESSES: Direct all written comments
to Andre´s Garcia, Internal Revenue
Service, Room 6526, 1111 Constitution
Avenue NW, Washington, DC 20224, or
by email to omb.unit@irs.gov. Please
include, ‘‘OMB Number: 1545–1959—
Public Comment Request Notice’’ in the
Subject line.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the form and instructions
should be directed to Ronald J. Durbala,
at (202) 317–5746, at Internal Revenue
Service, Room 6526, 1111 Constitution
Avenue NW, Washington, DC 20224, or
through the internet at
RJoseph.Durbala@irs.gov.
SUMMARY:
E:\FR\FM\25MRN1.SGM
25MRN1
17138
Federal Register / Vol. 87, No. 58 / Friday, March 25, 2022 / Notices
lotter on DSK11XQN23PROD with NOTICES1
SUPPLEMENTARY INFORMATION:
Title: Contributions of Motor
Vehicles, Boats, and Airplanes.
OMB Number: 1545–1959.
Project Number: Form 1098–C.
Abstract: Section 884 of the American
Jobs Creation Act of 2004 (Pub. L. 108–
357) added paragraph 12 to section
170(f) for contributions of used motor
vehicles, boats, and airplanes. Section
170(f)(12) requires that a donee
organization provide an
acknowledgement to the donor of this
type of property and is required to file
the same information to the Internal
Revenue Service.
Form 1098–C is used to report
charitable contributions of motor
vehicles, boats, and airplanes after
December 31, 2004.
Current Actions: There are no changes
being made to this form at this time.
However, changes to the estimated
number of responses will increase the
burden by 1,302 hours. This request is
being submitted for renewal purposes.
Type of Review: Revision of a
currently approved collection.
Affected Public: Businesses or other
for-profits, Individuals or households,
Farms, or Not-for-profit institutions.
Estimated Number of Respondents:
110,400.
Estimated Time per Respondent: 18
min.
Estimated Total Annual Burden
Hours: 34,224.
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.
VerDate Sep<11>2014
16:50 Mar 24, 2022
Jkt 256001
• 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: March 21, 2022.
Ronald J. Durbala,
IRS Tax Analyst.
[FR Doc. 2022–06328 Filed 3–24–22; 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 Guidance Regarding the Transition
Tax Under Section 965.
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 the
guidance regarding the transition tax
under section 965.
DATES: Written comments should be
received on or before May 24, 2022 to
be assured of consideration.
ADDRESSES: Direct all written comments
to Andre´s Garcia, Internal Revenue
Service, Room 6526, 1111 Constitution
Avenue NW, Washington, DC 20224, or
by email to omb.unit@irs.gov. Please
include, ‘‘OMB Number: 1545–2280—
Public Comment Request Notice’’ in the
Subject line.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the form and instructions
should be directed to Ronald J. Durbala,
at (202) 317–5746, at Internal Revenue
SUMMARY:
PO 00000
Frm 00076
Fmt 4703
Sfmt 4703
Service, Room 6526, 1111 Constitution
Avenue NW, Washington, DC 20224, or
through the internet at
RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Guidance Regarding the
Transition Tax Under Section 965 and
Related Provisions.
OMB Number: 1545–2280.
Project Number: TD 9846.
Abstract: The Tax Cuts and Jobs Act,
Section 14103 (Pub. L. 115–97), provide
for reconciliation pursuant to titles II
and V of the concurrent resolution on
the budget for fiscal year 2018, amended
section 965 of the Internal Revenue
Code. Because of the amendment,
certain taxpayers are required to include
in income an amount based on the
accumulated post-1986 deferred foreign
income of certain corporations that they
own either directly or indirectly through
other entities. This collection covers the
guidance regarding the transition tax
under section 965. The regulations
affect United States persons with direct
or indirect ownership interests in
certain foreign corporations.
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.
Estimated Number of Respondents:
100,000.
Estimated Time per Respondent: 5
hrs.
Estimated Total Annual Burden
Hours: 500,000.
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
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.
E:\FR\FM\25MRN1.SGM
25MRN1
]]>Agencies
[Federal Register Volume 87, Number 58 (Friday, March 25, 2022)]
[Notices]
[Pages 17137-17138]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-06328]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Extension of Information Collection Request Submitted
for Public Comment; Comment Request for Form 1098-C
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 1098-C, Contributions of Motor Vehicles, Boats, and
Airplanes.
DATES: Written comments should be received on or before May 24, 2022 to
be assured of consideration.
ADDRESSES: Direct all written comments to Andr[eacute]s Garcia,
Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW,
Washington, DC 20224, or by email to [email protected]. Please include,
``OMB Number: 1545-1959--Public Comment Request Notice'' in the Subject
line.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the form and instructions should be directed to Ronald J.
Durbala, at (202) 317-5746, at Internal Revenue Service, Room 6526,
1111 Constitution Avenue NW, Washington, DC 20224, or through the
internet at [email protected].
[[Page 17138]]
SUPPLEMENTARY INFORMATION:
Title: Contributions of Motor Vehicles, Boats, and Airplanes.
OMB Number: 1545-1959.
Project Number: Form 1098-C.
Abstract: Section 884 of the American Jobs Creation Act of 2004
(Pub. L. 108-357) added paragraph 12 to section 170(f) for
contributions of used motor vehicles, boats, and airplanes. Section
170(f)(12) requires that a donee organization provide an
acknowledgement to the donor of this type of property and is required
to file the same information to the Internal Revenue Service.
Form 1098-C is used to report charitable contributions of motor
vehicles, boats, and airplanes after December 31, 2004.
Current Actions: There are no changes being made to this form at
this time. However, changes to the estimated number of responses will
increase the burden by 1,302 hours. This request is being submitted for
renewal purposes.
Type of Review: Revision of a currently approved collection.
Affected Public: Businesses or other for-profits, Individuals or
households, Farms, or Not-for-profit institutions.
Estimated Number of Respondents: 110,400.
Estimated Time per Respondent: 18 min.
Estimated Total Annual Burden Hours: 34,224.
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: March 21, 2022.
Ronald J. Durbala,
IRS Tax Analyst.
[FR Doc. 2022-06328 Filed 3-24-22; 8:45 am]
BILLING CODE 4830-01-P
