Agency Information Collection Activities; Submission for OMB Review; Comment Request; Multiple Internal Revenue Service Information Collection Requests, 18477-18481 [2022-06699]
Download as PDF
<![CDATA[
khammond on DSKJM1Z7X2PROD with NOTICES
Federal Register / Vol. 87, No. 61 / Wednesday, March 30, 2022 / Notices
Reduction Act of 1995. Emergency
review and approval of this collection
has been requested from OMB by April
12, 2022. The public is invited to submit
comments on this request.
DATES: Written comments must be
received on or before April 14, 2022.
ADDRESSES: Send comments regarding
the burden estimate, or any other aspect
of the information collection, including
suggestions for reducing the burden, by
the following method:
• Federal E-rulemaking Portal: https://
www.regulations.gov. Follow the
instructions for submitting comments.
Refer to Docket Number TREAS–DO–
2022–0008 and the specific Office of
Management and Budget (OMB) control
number 1505–0269.
FOR FURTHER INFORMATION CONTACT:
Copies of the submissions may be
obtained from Christopher Sun by
emailing HAF@treasury.gov, calling
877–398–5861, or viewing the entire
information collection request at
www.reginfo.gov.
SUPPLEMENTARY INFORMATION:
Title: Homeowner Assistance Fund.
OMB Control Number: 1505–0269.
Type of Review: Revision of a
currently approved collection.
Description: On March 11, 2021, the
President signed the American Rescue
Plan Act of 2021 (the ‘‘Act’’), Public
Law 117–2. Title III, subtitle B, section
3206 of the Act established the
Homeowner Assistance Fund and
provides $9.961 billion for the U.S.
Department of the Treasury (Treasury)
to make payments to States (defined to
include the District of Columbia, Puerto
Rico, U.S. Virgin Islands, Guam,
Northern Mariana Islands, and
American Samoa), Indian tribes or
Tribally Designated Housing Entities, as
applicable, and the Department of
Hawaiian Home Lands (collectively the
‘‘eligible entities’’) to mitigate financial
hardships associated with the
coronavirus pandemic, including for the
purposes of preventing homeowner
mortgage delinquencies, defaults,
foreclosures, loss of utilities or home
energy services, and displacements of
homeowners experiencing financial
hardship after January 21, 2020, through
qualified expenses related to mortgages
and housing.
Treasury will collect a Quarterly
Report at the end of each calendar year
quarter for eligible entities that are a
State or Tribal Government with a HAF
allocation greater than $5 million. The
Department of Hawaiian Home Lands
and Tribal Governments with a HAF
allocation less than $5 million will be
required to submit a similar report once
a year.
VerDate Sep<11>2014
17:14 Mar 29, 2022
Jkt 256001
HAF participants will submit
quarterly certifications and reports,
including, among other things, details
on program budget; HAF Homeowner
applications approved; targeting metrics
around Homeowners assisted;
individual program information; and
individual program design element
information.
Additionally, Treasury will collect
from each eligible participant an Annual
Report once a year that will provide
Treasury with high-level information on
how the HAF participant is performing
relative to their forecasted goals noted
in their HAF Grantee Plan.
Treasury is requesting emergency
processing to add compliance reporting
(i.e., Quarterly Report and Annual
Report) this collection of information as
provided under 5 CFR 1320.13.
Treasury cannot reasonably comply
with normal clearance procedures
because Treasury will need to provide
the Guidance on Participant Compliance
and Reporting Responsibilities to HAF
participants along with the Portal
launch date and provide a high degree
of certainty that it will not change, so
that recipients can gather the necessary
information and build their own tools/
processes to comply. Additionally,
delays due to insufficient guidance will
more than likely impact established
timelines for HAF participants to report
on current quarter compliance and
delay future quarter compliance. Delays
in quarterly reporting will reduce
Treasury’s insight on current HAF
participant compliance issues.
Form: Quarterly Compliance Reports.
Affected Public: State and tribal
governments with allocations over $5
million dollars.
Estimated Number of Respondents:
67.
Frequency of Response: Quarterly, for
the duration of the program, final report
January 2027.
Estimated Total Number of Annual
Responses: 268.
Estimated Time per Response: 4
hours.
Estimated Total Annual Burden
Hours: 1,072 hours.
Form: Quarterly Compliance Reports.
Affected Public: Department of
Hawaiian Home Lands and tribal
governments with allocations less than
$5 million dollars.
Estimated Number of Respondents:
584.
Frequency of Response: Annually.
Estimated Total Number of Annual
Responses: 584.
Estimated Time per Response: 4
hours.
Estimated Total Annual Burden
Hours: 2,336 hours.
PO 00000
Frm 00128
Fmt 4703
Sfmt 4703
18477
Form: Annual Reports.
Affected Public: States, Department of
Hawaiian Home Lands and tribal
governments.
Estimated Number of Respondents:
651.
Frequency of Response: Annual.
Estimated Total Number of Annual
Responses: 651.
Estimated Time per Response: 2
hours.
Estimated Total Annual Burden
Hours: 1,302 hours.
Authority: 44 U.S.C. 3501 et seq.
Molly Stasko,
Treasury PRA Clearance Officer.
[FR Doc. 2022–06705 Filed 3–29–22; 8:45 am]
BILLING CODE 4810–AK–P
DEPARTMENT OF THE TREASURY
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request; Multiple
Internal Revenue Service Information
Collection Requests
Departmental Offices,
Department of the Treasury.
ACTION: Notice.
AGENCY:
The Department of the
Treasury will submit the following
information collection requests to the
Office of Management and Budget
(OMB) for review and clearance in
accordance with the Paperwork
Reduction Act of 1995, on or after the
date of publication of this notice. The
public is invited to submit comments on
these requests.
DATES: Comments must be received on
or before April 29, 2022.
ADDRESSES: Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice to www.reginfo.gov/public/do/
PRAMain. Find this particular
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function.
FOR FURTHER INFORMATION CONTACT:
Copies of the submissions may be
obtained from Molly Stasko by emailing
PRA@treasury.gov, calling (202) 622–
8922, or viewing the entire information
collection request at www.reginfo.gov.
SUPPLEMENTARY INFORMATION:
SUMMARY:
Internal Revenue Service (IRS)
1. Title: Notice Concerning Fiduciary
Relationship and Notice Concerning
Fiduciary Relationship of Financial
Institution.
OMB Control Number: 1545–0013.
E:\FR\FM\30MRN1.SGM
30MRN1
khammond on DSKJM1Z7X2PROD with NOTICES
18478
Federal Register / Vol. 87, No. 61 / Wednesday, March 30, 2022 / Notices
Type of Review: Extension of a
currently approved collection.
Description: Form 56 is used to notify
the IRS of the creation or termination of
a fiduciary relationship under Internal
Revenue Code (IRC) section 6903 and
provide the qualification for the
fiduciary relationship under IRC section
6036. Form 56–F is used by the federal
agency acting as a fiduciary in order to
notify the IRS of the creation,
termination, or change in status of a
fiduciary relationship with a financial
institution.
Form Number: Forms 56 and 56–F.
Affected Public: Business or other forprofit organizations; and Individual or
Households.
Estimated Number of Respondents:
174,050.
Frequency of Response: On Occasion.
Estimated Total Number of Annual
Responses: 174,050.
Estimated Time per Response: 1.5 to
2 hours.
Estimated Total Annual Burden
Hours: 349,786.
2. Title: Heavy Highway Vehicle Use
Tax Return.
OMB Control Number: 1545–0143.
Type of Review: Extension of a current
OMB approval.
Description: Form 2290 and 2290/SP
are used to compute and report the tax
imposed by section 4481 on the
highway use of certain motor vehicles.
The information is used to determine
whether the taxpayer has paid the
correct amount of tax.
Form Number: Form 2290 and Form
2290/SP.
Affected Public: Businesses or other
for-profits; and Individuals or
Households.
Estimated Number of Respondents:
554,098.
Frequency of Response: Annually.
Estimated Total Number of Annual
Responses: 554,098.
Estimated Time per Response: 42
hours, 52 minutes.
Estimated Total Annual Burden
Hours: 23,748,641 hours.
3. Title: Work Opportunity Credit.
OMB Control Number: 1545–0219.
Type of Review: Extension of a
currently approved collection.
Description: Internal Revenue Code
section 38(b)(2) allows a credit against
income tax to employers hiring
individuals from certain targeted groups
such as welfare recipients, etc. The
employer uses Form 5884 to compute
this credit. The IRS uses the information
on the form to verify that the correct
amount of credit was claimed.
Form Number: Form 5884.
Affected Public: Business or other forprofit organizations; and Individuals or
Households.
VerDate Sep<11>2014
17:14 Mar 29, 2022
Jkt 256001
Estimated Number of Respondents:
10,000.
Frequency of Response: Annually.
Estimated Total Number of Annual
Responses: 10,000.
Estimated Time per Response: 6
hours, 57 minutes.
Estimated Total Annual Burden
Hours: 69,400 hours.
4. Title: Allocation of expenses by real
estate mortgage investment conduits.
OMB Control Number: 1545–1018.
Type of Review: Extension of a
currently approved collection.
Description: In general, a REMIC is a
fixed pool of mortgages in which
multiple classes of interests are held by
investors and which elects to be taxed
as a REMIC. The regulations under
section 860D prescribe the way an entity
elects status as a REMIC. The
regulations under section 860F govern
the filing of the REMIC’s income tax
return and, together with the regulations
under sections 67 and 6049 require
notice of income and other information
to be provided to REMIC investors and
the Internal Revenue Service. Investors
use the information provided in sections
67 and 6049 while completing their
income tax returns. The Internal
Revenue Service will use this
information to determine that taxpayers
are complying with the applicable tax
laws.
Form Number: TD 8366 and TD 8431.
Affected Public: Businesses or other
for-profit.
Estimated Number of Respondents:
655.
Frequency of Response: Quarterly.
Estimated Total Number of Annual
Responses: 9,725.
Estimated Time per Response: 6
minutes.
Estimated Total Annual Burden
Hours: 978.
5. Title: TD 8352 (temp & final) Final
Regulations Under Sections 382 and 383
of the Internal Revenue Code of 1986;
Pre-change Attributes; TD 8531—Final
Regulations Under Section 382.
OMB Control Number: 1545–1120.
Type of Review: Revision of a current
OMB approval.
Description: These regulations require
reporting by a corporation after it
undergoes an ‘‘ownership change’’
under Code sections 382 and 383.
Corporations required to report under
these regulations include those with
capital loss carryovers and excess
credits. (TD 8531) These regulations
provide rules for the treatment of
options under Code section 382 for
purposes of determining whether a
corporation undergoes an ownership
change. The regulation allows for
certain elections for corporations whose
stock is subject to options.
PO 00000
Frm 00129
Fmt 4703
Sfmt 4703
Form Number: TD 8352 and TD 8531.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
75,000.
Frequency of Response: Annually.
Estimated Total Number of Annual
Responses: 75,000.
Estimated Time per Response: 2
hours, 56 minutes.
Estimated Total Annual Burden
Hours: 220,500.
6. Title: Renewable Electricity,
Refined Coal, and Indian Coal
Production Credit.
OMB Control Number: 1545–1362.
Type of Review: Extension of a
currently approved collection.
Description: Form 8835 is used to
claim the renewable electricity
production credit. The credit is allowed
for the sale of electricity produced in
the United States or U.S. possessions
from qualified energy resources. The
IRS uses the information reported on the
form to ensure that the credit is
correctly computed.
Form Number: Form 8835.
Affected Public: Business or other-forprofit organizations; and Individuals or
Households.
Estimated Number of Respondents:
477.
Frequency of Response: On occasion.
Estimated Total Number of Annual
Responses: 477.
Estimated Time per Response: 18
hours, 26 minutes.
Estimated Total Annual Burden
Hours: 8,720.
7. Title: Pre-Screening Notice and
Certification Request for the Work
Opportunity Credit.
OMB Control Number: 1545–1500.
Type of Review: Extension of a
currently approved collection.
Description: Employers use Form
8850 as part of a written request to a
state employment security agency to
certify an employee as a member of a
targeted group for purposes of
qualifying for the work opportunity
credit. The work opportunity credit
covers certain employees who begin
work for the employer after December
31, 2020.
Form Number: Form 8850.
Affected Public: Business or other forprofit organizations; not-for-profit
organizations.
Estimated Number of Respondents:
440,000.
Frequency of Response: Annually.
Estimated Total Number of Annual
Responses: 440,000.
Estimated Time per Response: 7
hours, 24 minutes.
Estimated Total Annual Burden
Hours: 3,242,800.
E:\FR\FM\30MRN1.SGM
30MRN1
khammond on DSKJM1Z7X2PROD with NOTICES
Federal Register / Vol. 87, No. 61 / Wednesday, March 30, 2022 / Notices
8. Title: Revenue Procedure 2015–
41—Section 482—Allocation of Income
and Deductions Among Taxpayers.
OMB Control Number: 1545–1503.
Type of Review: Extension of a
currently approved collection.
Description: This revenue procedure
provides guidance on the process of
requesting and obtaining advance
pricing agreements from the advance
pricing agreement and mutual
agreement program (‘‘APMA’’), to
process applications, negotiate
agreements, and to verify compliance
with agreements and whether
agreements require modification.
Form Number: Revenue Procedure
2015–41.
Affected Public: Business or other forprofits; and Individuals or Households.
Estimated Number of Respondents:
390.
Frequency of Response: On occasion.
Estimated Total Number of Annual
Responses: 390.
Estimated Time per Response: 10 up
to 60 hours.
Estimated Total Annual Burden
Hours: 10,900.
9. Title: Tip Rate Determination
Agreement (Gaming Industry).
OMB Control Number: 1545–1530.
Type of Review: Extension of a
currently approved collection.
Description: Information is required
by the Internal Revenue Service in its
compliance efforts to assist employers
and their employees in understanding
and complying with Internal Revenue
Code Section 6053(a), which requires
employees to report all their tips
monthly to their employers.
Revenue Procedure Number: 2020–47.
Affected Public: Business or other forprofit institutions.
Estimated Number of Respondents:
781.
Frequency of Response: On occasion.
Estimated Total Number of Annual
Responses: 781.
Estimated Time per Response: 14
hours, 44 minutes.
Estimated Total Annual Burden
Hours: 11,512 hours.
10. Title: Low-Income Taxpayer
Clinics Grant Application Package and
Guidelines.
OMB Control Number: 1545–1648.
Type of Review: Extension of a
currently approved collection.
Description: Publication 3319 outlines
requirements of the IRS Low-Income
Taxpayer Clinics (LITC) program and
provides instructions on how to apply
for a LITC grant award. The IRS will
review the information provided by
applicants to determine whether to
award grants for the Low-Income
Taxpayer Clinics.
VerDate Sep<11>2014
17:14 Mar 29, 2022
Jkt 256001
Form Number: Publication 3319,
Form 13424, 13424–A, 13424–B, 13424–
C, 13424–J, 13424–K, 13424–L, 13424–
M, 13424–N, 13424–P, 13424–Q, and
Project Abstracts.
Affected Public: Not for-profit
institutions.
Estimated Number of Respondents:
130.
Frequency of Response: Annually.
Estimated Total Number of Annual
Responses: 2,780.
Estimated Time per Response: 5
minutes up to 3 hours.
Estimated Total Annual Burden
Hours: 9,338.
11. Title: Credit for Small Employer
Pension Plan Startup Costs.
OMB Control Number: 1545–1810.
Type of Review: Revision of a
currently approved collection.
Description: Qualified small
employers use Form 8881 to claim a
credit for start-up costs related to
eligible retirement plans. Form 8881
implements section 45E, which
provides a credit based on costs
incurred by an employer in establishing
or administering an eligible employer
plan or for the retirement-related
education of employees with respect to
the plan. The credit is 50% of the
qualified costs for the tax year, up to a
maximum credit of $500 for the first tax
year and each of the two subsequent tax
years.
Form Number: Form 8881.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
66,667.
Frequency of Response: Annually.
Estimated Total Number of Annual
Responses: 66,667.
Estimated Time per Response: 4
hours, 45 minutes.
Estimated Total Annual Burden
Hours: 316,002.
12. Title: Application for Registration
(For Certain Excise Tax Activities).
OMB Control Number: 1545–1835.
Type of Review: Revision of a
currently approved collection.
Description: Form 637 is used to
apply for excise tax registration. The
registration applies to a person required
to be registered under Revenue code
section 4101 for purposes of the federal
excise tax on taxable fuel imposed
under Code sections 4041 and 4081; and
to certain manufacturers or sellers and
purchasers that must register under
Code section 4222 to be exempt from
the excise tax on taxable articles. The
data is used to determine if the
applicant qualifies for the exemption.
Taxable fuel producers are required by
Code section 4101 to register with the
Service before incurring any tax
liability.
PO 00000
Frm 00130
Fmt 4703
Sfmt 4703
18479
Form Number: Form 637.
Affected Public: Business or other forprofit organizations; and Not-for-profit
organizations.
Estimated Number of Respondents:
9,185.
Frequency of Response: On occasion.
Estimated Total Number of Annual
Responses: 9,185.
Estimated Total Annual Burden
Hours: 31,521.
13. Title: Assumption of Partner
Liabilities.
OMB Control Number: 1545–1843.
Type of Review: Extension of a
currently approved collection.
Description: This document contains
final regulations relating to the
definition of liabilities under Internal
Revenue Code (IRC) section 752. These
regulations provide rules regarding a
partnership’s assumption of certain
fixed and contingent obligations in
connection with the issuance of a
partnership interest and provide
conforming changes to certain
regulations. These regulations also
provide rules under IRC section 358(h)
for assumptions of liabilities by
corporations from partners and
partnerships. Finally, this document
also contains temporary regulations
relating to the assumption of certain
liabilities under IRC section 358(h).
Regulation Project Number: TD 9207.
Affected Public: Business or other forprofit organizations; and Individuals or
Households.
Estimated Number of Respondents:
250.
Frequency of Response: On occasion.
Estimated Total Number of Annual
Responses: 250.
Estimated Time per Response: 30
minutes.
Estimated Total Annual Burden
Hours: 125.
14. Title: Safe Harbor for Valuation
and Mark to Market Accounting Method
for Dealers Under Section 475.
OMB Control Number: 1545–1945.
Type of Review: Extension of a
currently approved collection.
Description: These documents set
forth an elective safe harbor that permits
dealers in securities and dealers in
commodities to elect to use the values
of positions reported on certain
financial statements as the fair market
values of those positions for purposes of
section 475 of the Internal Revenue
Code (Code). This safe harbor is
intended to reduce the compliance
burden on taxpayers and to improve the
administrability of the valuation
requirement of section 475 for the IRS.
TD 8700 contains final regulations
providing guidance to enable taxpayers
to comply with the mark-to-market
E:\FR\FM\30MRN1.SGM
30MRN1
khammond on DSKJM1Z7X2PROD with NOTICES
18480
Federal Register / Vol. 87, No. 61 / Wednesday, March 30, 2022 / Notices
requirements applicable to dealers in
securities.
Regulation Project Number: TD 9328
and TD 8700.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
15,708.
Frequency of Response: Annually.
Estimated Total Number of Annual
Responses: 15,708.
Estimated Time per Response: 30
minutes up to 4 hours.
Estimated Total Annual Burden
Hours: 52,182.
15. Title: Distilled Spirits Credit.
OMB Control Number: 1545–1982.
Type of Review: Extension of a
currently approved collection.
Description: Form 8906, Distilled
Spirits Credit, was developed to carry
out the provisions of IRC section
5011(a). This section allows eligible
wholesalers and persons subject to IRC
section 5055 an income tax credit for
the average cost of carrying excise tax
on bottled distilled spirits. The form
provides a means for the eligible
taxpayer to compute the amount of
credit.
Form Number: Form 8906.
Affected Public: Businesses and other
for-profits.
Estimated Number of Respondents:
300.
Frequency of Response: Annually.
Estimated Total Number of Annual
Responses: 300.
Estimated Time per Response: 1 hour
52 minutes.
Estimated Total Annual Burden
Hours: 558.
16. Title: Energy Efficient Homes
Credit; Manufactured Homes.
OMB Control Number: 1545–1994.
Type of Review: Extension of a
currently approved collection.
Description: This notice supersedes
Notice 2006–28 by substantially
republishing the guidance contained in
that publication. This notice clarifies
the meaning of the terms equivalent
rating network and eligible contractor
and permits calculation procedures
other than those identified in Notice
2006–28 to be used to calculate energy
consumption. Finally, this notice
clarifies the process for removing
software from the list of approved
software and reflects the extension of
the tax credit through December 31,
2008. Notice 2006–28, as updated,
provided guidance regarding the
calculation of heating and cooling
energy consumption for purposes of
determining the eligibility of a
manufactured home for the New Energy
Efficient Home Credit under Internal
Revenue Code § 45L. Notice 2006–28
VerDate Sep<11>2014
17:14 Mar 29, 2022
Jkt 256001
also provided guidance relating to the
public list of software programs that
may be used to calculate energy
consumption. Guidance relating to
dwelling units other than manufactured
homes is provided in Notice 2008–35.
Form Number: Notice 2008–36,
Notice 2008–35.
Affected Public: Individuals or
Households.
Estimated Number of Respondents:
15.
Frequency of Response: Annually.
Estimated Total Number of Annual
Responses: 15.
Estimated Time per Response: 4
hours.
Estimated Total Annual Burden
Hours: 60.
17. Title: T.D. 9304—Guidance
Necessary to Facilitate Business
Electronic Filing Under Section 1561,
T.D. 9329—Guidance Necessary to
Facilitate Business Electronic Filing and
Burden Reduction, T.D. 9451—
Guidance Necessary to Facilitate
Business Election Filing; Finalization of
Controlled Group Qualification Rules
and T.D. 9759—Limitations on the
Importation of Net Built-In Losses.
OMB Control Number: 1545–2019.
Type of Review: Extension of a
currently approved collection.
Description: TD 9304 regulations
provide guidance to taxpayers regarding
how to allocate the amounts of tax
benefit items under section 1561(a)
amongst the component members of a
controlled group of corporations which
have an apportionment plan in effect.
TD 9329 contains final regulations that
simplify, clarify, or eliminate reporting
burdens and also eliminate regulatory
impediments to the electronic filing of
certain statements that taxpayers are
required to include on or with their
Federal income tax returns. TD 9451
provides guidance to taxpayers for
determining which corporations are
included in a controlled group of
corporations. TD 9759 provides
guidance for preventing the importation
of loss when a corporation that is
subject to U.S. income tax acquires loss
property tax-free in certain transactions
and the loss in the acquired property
accrued outside the U.S. tax system by
requiring the bases of the assets received
to be equal to value.
Form Number: TD 9304 (REG–
161919–05), TD 9329 (REG134317–05),
TD 9451 (REG–161919–05) and TD 9759
(REG–161948–05).
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
225,000.
Frequency of Response: On occasion.
Estimated Total Number of Annual
Responses: 225,000.
PO 00000
Frm 00131
Fmt 4703
Sfmt 4703
Estimated Time per Response: 1 hour
40 minutes.
Estimated Total Annual Burden
Hours: 375,000.
18. Title: Election Involving the
Repeal of the Bonding Requirement.
OMB Control Number: 1545–2120.
Type of Review: Extension of a
currently approved collection.
Description: This revenue procedure
affects taxpayers who are maintaining a
surety bond or a Treasury Direct
Account (TDA) to satisfy the lowincome housing tax credit recapture
exception in § 42(j)(6) of the Internal
Revenue Code (the Code), as in effect on
or before July 30, 2008. This revenue
procedure provides the procedures for
taxpayers to follow when making the
election under section 3004(i)(2)(B)(ii)
of the Housing Assistance Tax Act of
2008 (Pub. L. 110–289) (the Act) to no
longer maintain a surety bond or a TDA
to avoid recapture.
Form Number: RP 2008–60 and RP
2012–27.
Affected Public: Individuals and
Households; and Businesses and otherfor-profit organizations.
Estimated Number of Respondents:
7,810.
Frequency of Response: Annually; On
occasion.
Estimated Total Number of Annual
Responses: 7,810.
Estimated Time per Response: 1 hour.
Estimated Total Annual Burden
Hours: 7,810.
19. Title: Application for Extension of
Time for Payment of Tax Due to Undue
Hardship.
OMB Control Number: 1545–2131.
Type of Review: Extension of a
currently approved collection.
Description: Internal Revenue Code
section 6161 allows individual and
business taxpayers to request an
extension of time for payment of tax
shown or required to be shown on a
return or for a tax due on a notice of
deficiency. Form 1127 must be filed
with supporting documentation to
approve an extension, providing
evidence the taxpayer would sustain a
substantial financial loss if forced to pay
the tax or deficiency on the due date.
Form Number: Form 1127.
Affected Public: Businesses or other
for-profit organizations; and Not-forprofits.
Estimated Number of Respondents:
20.
Frequency of Response: Annually; On
occasion.
Estimated Total Number of Annual
Responses: 20.
Estimated Time per Response: 7
hours, 26 minutes.
Estimated Total Annual Burden
Hours: 149 hours.
E:\FR\FM\30MRN1.SGM
30MRN1
Federal Register / Vol. 87, No. 61 / Wednesday, March 30, 2022 / Notices
20. Title: Mortgage Assistance
Payments.
OMB Control Number: 1545–2221.
Type of Review: Extension of a
currently approved collection.
Description: This form is a statement
reported to the IRS and to taxpayers. It
will be filed and furnished by State
Housing Finance Agencies (HFAs) and
HUD to report the total amounts of
mortgage assistance payments and
homeowner mortgage payments made to
mortgage servicers. The requirement for
the statements are authorized by Notice
2011–14, supported by Public Law 111–
203, sec. 1496, and Public Law 110–343,
Division A, sec. 109.
Form Number: Form 1098–MA.
Affected Public: Individuals, Federal
Government, State, Local, or Tribal
Governments.
Estimated Number of Respondents:
52.
Frequency of Response: Annually.
Estimated Total Number of Annual
Responses: 60,000.
Estimated Time per Response: 2 hours
50 minutes.
Estimated Total Annual Burden
Hours: 170,400.
Authority: 44 U.S.C. 3501 et seq.
Molly Stasko,
Treasury PRA Clearance Officer.
[FR Doc. 2022–06699 Filed 3–29–22; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF VETERANS
AFFAIRS
Implementation of the PAWS for
Veterans Therapy Act
Department of Veterans Affairs.
Notice.
AGENCY:
ACTION:
The Department of Veterans
Affairs (VA) is publishing this notice to
inform the public about how it is
implementing the Puppies Assisting
Wounded Servicemembers for Veterans
Therapy Act.
DATES: This notice is effective on March
30, 2022.
FOR FURTHER INFORMATION CONTACT:
Stacey Pollack, 810 Vermont Avenue
NW, Washington, DC 20420; 202–461–
4174. This is not a toll-free telephone
number.
SUMMARY:
The
Puppies Assisting Wounded
Servicemembers for Veterans Therapy
Act (hereinafter referred to as ‘‘the Act’’)
was signed into law by the President on
August 25, 2021, (Pub. L. 117–37, 135
stat. 329). Section 2 of the Act requires
VA to conduct a pilot program to
provide canine training to eligible
khammond on DSKJM1Z7X2PROD with NOTICES
SUPPLEMENTARY INFORMATION:
VerDate Sep<11>2014
17:14 Mar 29, 2022
Jkt 256001
veterans diagnosed with posttraumatic
stress disorder (PTSD) as an element of
a complementary and integrative health
program for such veterans. This notice
provides information on how VA will
implement the requirements of section 2
of the Act and is not a solicitation for
public comment or request for
information regarding VA’s
implementation of section 2 of the Act,
as outlined below. Therefore, responses
to this notice may not be used to inform
VA’s implementation of section 2 of the
Act, and VA will not address such
responses. A brief summary of the
provisions in section 2 of the Act
follows.
Summary of Provisions in Section 2 of
the Act
• Section 2(a) requires that VA, not
later than February 21, 2022, commence
the conduct of a pilot program to
provide canine training to eligible
veterans diagnosed with PTSD as an
element of a complementary and
integrative health program for such
veterans.
• Section 2(b) requires that the pilot
program conducted under subsection (a)
be carried out for a 5-year period
beginning on the date of the
commencement of the pilot program, by
not fewer than 5 VA medical centers
(VAMC) located in geographically
diverse areas.
• Section 2(c) requires that, in
carrying out the pilot program required
under subsection (a), VA must seek to
enter into agreements with
nongovernmental entities that VA
determines have the demonstrated
ability to provide the canine training
specified in subsection (a).
• Section 2(d) establishes certain
conditions for inclusion in any
agreements under subsection (c).
• Section 2(e) establishes that a
veteran who has participated in the
pilot program under subsection (a) may
adopt a dog that the veteran assisted in
training during the pilot program if the
veteran and the veteran’s health
provider, in consultation with the entity
that provided the canine training with
respect to that dog under the pilot
program, determine that it is in the best
interest of the veteran. This section also
includes language regarding the
responsibility of the entity that provided
the canine training under the pilot
program to provide follow-up training
support for the life of the dog, if the
veteran who participated in the pilot
program adopts the dog under this
subsection.
• Section 2(f) establishes that
participation in the pilot program under
subsection (a) may not preclude a
PO 00000
Frm 00132
Fmt 4703
Sfmt 4703
18481
veteran from receiving any other
medical care or treatment for PTSD
furnished by VA for which the veteran
is otherwise eligible.
• Section 2(g) establishes data
collection requirements based on
veterans’ participation in the pilot
program and such other factors as VA
determines appropriate.
• Section 2(h) establishes VA’s
reporting requirements associated with
the pilot program.
• Section 2(i) requires the
Comptroller General to brief and report
to Congress on the methodology of the
pilot program.
• Section 2(j) establishes definitions,
for purposes of section 2, for the
following terms: Accredited service dog
organization (SDO), eligible veteran and
service dog training instructor.
Implementation of the Pilot Program
VA’s implementation of the pilot
program will reflect the following
considerations:
Canine Training
Section 2(a) provides that VA must
conduct a pilot program to provide
canine training to eligible veterans
diagnosed with PTSD as an element of
a complementary and integrative health
program for such veterans. The term
canine training is not defined in the Act,
and VA has not otherwise defined this
term. However, the term canine training
is characterized in the Act as ‘‘an
element of a complementary and
integrative health program’’ for veterans
participating in the pilot program. The
Act similarly does not contain a
definition of the term complementary
and integrative health (CIH); however,
VA’s internal policy defines CIH as a
group of diverse medical and health
care approaches and practices that are
not considered to be part of
conventional or allopathic medicine.
See Veterans Health Administration
(VHA) Directive 1137(2), Provision of
Complementary and Integrative Health
(May 18, 2017; amended July 2, 2021).
Based on its experience, VA has
distinguished the following two types of
CIH: Treatment services and well-being
services. Unlike treatment services,
well-being services are often practices
offered outside of a clinical setting and
involve a practitioner or instructor
teaching veterans to advance their sense
of well-being and improve their quality
of life.
VA is implementing the canine
training under the pilot program as an
element of CIH well-being services. CIH
well-being services are those activities
that a veteran may complete without the
need for assistance from a health care
E:\FR\FM\30MRN1.SGM
30MRN1
]]>Agencies
[Federal Register Volume 87, Number 61 (Wednesday, March 30, 2022)]
[Notices]
[Pages 18477-18481]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-06699]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Agency Information Collection Activities; Submission for OMB
Review; Comment Request; Multiple Internal Revenue Service Information
Collection Requests
AGENCY: Departmental Offices, Department of the Treasury.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Department of the Treasury will submit the following
information collection requests to the Office of Management and Budget
(OMB) for review and clearance in accordance with the Paperwork
Reduction Act of 1995, on or after the date of publication of this
notice. The public is invited to submit comments on these requests.
DATES: Comments must be received on or before April 29, 2022.
ADDRESSES: Written comments and recommendations for the proposed
information collection should be sent within 30 days of publication of
this notice to www.reginfo.gov/public/do/PRAMain. Find this particular
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function.
FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be
obtained from Molly Stasko by emailing [email protected], calling (202)
622-8922, or viewing the entire information collection request at
www.reginfo.gov.
SUPPLEMENTARY INFORMATION:
Internal Revenue Service (IRS)
1. Title: Notice Concerning Fiduciary Relationship and Notice
Concerning Fiduciary Relationship of Financial Institution.
OMB Control Number: 1545-0013.
[[Page 18478]]
Type of Review: Extension of a currently approved collection.
Description: Form 56 is used to notify the IRS of the creation or
termination of a fiduciary relationship under Internal Revenue Code
(IRC) section 6903 and provide the qualification for the fiduciary
relationship under IRC section 6036. Form 56-F is used by the federal
agency acting as a fiduciary in order to notify the IRS of the
creation, termination, or change in status of a fiduciary relationship
with a financial institution.
Form Number: Forms 56 and 56-F.
Affected Public: Business or other for-profit organizations; and
Individual or Households.
Estimated Number of Respondents: 174,050.
Frequency of Response: On Occasion.
Estimated Total Number of Annual Responses: 174,050.
Estimated Time per Response: 1.5 to 2 hours.
Estimated Total Annual Burden Hours: 349,786.
2. Title: Heavy Highway Vehicle Use Tax Return.
OMB Control Number: 1545-0143.
Type of Review: Extension of a current OMB approval.
Description: Form 2290 and 2290/SP are used to compute and report
the tax imposed by section 4481 on the highway use of certain motor
vehicles. The information is used to determine whether the taxpayer has
paid the correct amount of tax.
Form Number: Form 2290 and Form 2290/SP.
Affected Public: Businesses or other for-profits; and Individuals
or Households.
Estimated Number of Respondents: 554,098.
Frequency of Response: Annually.
Estimated Total Number of Annual Responses: 554,098.
Estimated Time per Response: 42 hours, 52 minutes.
Estimated Total Annual Burden Hours: 23,748,641 hours.
3. Title: Work Opportunity Credit.
OMB Control Number: 1545-0219.
Type of Review: Extension of a currently approved collection.
Description: Internal Revenue Code section 38(b)(2) allows a credit
against income tax to employers hiring individuals from certain
targeted groups such as welfare recipients, etc. The employer uses Form
5884 to compute this credit. The IRS uses the information on the form
to verify that the correct amount of credit was claimed.
Form Number: Form 5884.
Affected Public: Business or other for-profit organizations; and
Individuals or Households.
Estimated Number of Respondents: 10,000.
Frequency of Response: Annually.
Estimated Total Number of Annual Responses: 10,000.
Estimated Time per Response: 6 hours, 57 minutes.
Estimated Total Annual Burden Hours: 69,400 hours.
4. Title: Allocation of expenses by real estate mortgage investment
conduits.
OMB Control Number: 1545-1018.
Type of Review: Extension of a currently approved collection.
Description: In general, a REMIC is a fixed pool of mortgages in
which multiple classes of interests are held by investors and which
elects to be taxed as a REMIC. The regulations under section 860D
prescribe the way an entity elects status as a REMIC. The regulations
under section 860F govern the filing of the REMIC's income tax return
and, together with the regulations under sections 67 and 6049 require
notice of income and other information to be provided to REMIC
investors and the Internal Revenue Service. Investors use the
information provided in sections 67 and 6049 while completing their
income tax returns. The Internal Revenue Service will use this
information to determine that taxpayers are complying with the
applicable tax laws.
Form Number: TD 8366 and TD 8431.
Affected Public: Businesses or other for-profit.
Estimated Number of Respondents: 655.
Frequency of Response: Quarterly.
Estimated Total Number of Annual Responses: 9,725.
Estimated Time per Response: 6 minutes.
Estimated Total Annual Burden Hours: 978.
5. Title: TD 8352 (temp & final) Final Regulations Under Sections
382 and 383 of the Internal Revenue Code of 1986; Pre-change
Attributes; TD 8531--Final Regulations Under Section 382.
OMB Control Number: 1545-1120.
Type of Review: Revision of a current OMB approval.
Description: These regulations require reporting by a corporation
after it undergoes an ``ownership change'' under Code sections 382 and
383. Corporations required to report under these regulations include
those with capital loss carryovers and excess credits. (TD 8531) These
regulations provide rules for the treatment of options under Code
section 382 for purposes of determining whether a corporation undergoes
an ownership change. The regulation allows for certain elections for
corporations whose stock is subject to options.
Form Number: TD 8352 and TD 8531.
Affected Public: Business or other for-profit organizations.
Estimated Number of Respondents: 75,000.
Frequency of Response: Annually.
Estimated Total Number of Annual Responses: 75,000.
Estimated Time per Response: 2 hours, 56 minutes.
Estimated Total Annual Burden Hours: 220,500.
6. Title: Renewable Electricity, Refined Coal, and Indian Coal
Production Credit.
OMB Control Number: 1545-1362.
Type of Review: Extension of a currently approved collection.
Description: Form 8835 is used to claim the renewable electricity
production credit. The credit is allowed for the sale of electricity
produced in the United States or U.S. possessions from qualified energy
resources. The IRS uses the information reported on the form to ensure
that the credit is correctly computed.
Form Number: Form 8835.
Affected Public: Business or other-for-profit organizations; and
Individuals or Households.
Estimated Number of Respondents: 477.
Frequency of Response: On occasion.
Estimated Total Number of Annual Responses: 477.
Estimated Time per Response: 18 hours, 26 minutes.
Estimated Total Annual Burden Hours: 8,720.
7. Title: Pre-Screening Notice and Certification Request for the
Work Opportunity Credit.
OMB Control Number: 1545-1500.
Type of Review: Extension of a currently approved collection.
Description: Employers use Form 8850 as part of a written request
to a state employment security agency to certify an employee as a
member of a targeted group for purposes of qualifying for the work
opportunity credit. The work opportunity credit covers certain
employees who begin work for the employer after December 31, 2020.
Form Number: Form 8850.
Affected Public: Business or other for-profit organizations; not-
for-profit organizations.
Estimated Number of Respondents: 440,000.
Frequency of Response: Annually.
Estimated Total Number of Annual Responses: 440,000.
Estimated Time per Response: 7 hours, 24 minutes.
Estimated Total Annual Burden Hours: 3,242,800.
[[Page 18479]]
8. Title: Revenue Procedure 2015-41--Section 482--Allocation of
Income and Deductions Among Taxpayers.
OMB Control Number: 1545-1503.
Type of Review: Extension of a currently approved collection.
Description: This revenue procedure provides guidance on the
process of requesting and obtaining advance pricing agreements from the
advance pricing agreement and mutual agreement program (``APMA''), to
process applications, negotiate agreements, and to verify compliance
with agreements and whether agreements require modification.
Form Number: Revenue Procedure 2015-41.
Affected Public: Business or other for-profits; and Individuals or
Households.
Estimated Number of Respondents: 390.
Frequency of Response: On occasion.
Estimated Total Number of Annual Responses: 390.
Estimated Time per Response: 10 up to 60 hours.
Estimated Total Annual Burden Hours: 10,900.
9. Title: Tip Rate Determination Agreement (Gaming Industry).
OMB Control Number: 1545-1530.
Type of Review: Extension of a currently approved collection.
Description: Information is required by the Internal Revenue
Service in its compliance efforts to assist employers and their
employees in understanding and complying with Internal Revenue Code
Section 6053(a), which requires employees to report all their tips
monthly to their employers.
Revenue Procedure Number: 2020-47.
Affected Public: Business or other for-profit institutions.
Estimated Number of Respondents: 781.
Frequency of Response: On occasion.
Estimated Total Number of Annual Responses: 781.
Estimated Time per Response: 14 hours, 44 minutes.
Estimated Total Annual Burden Hours: 11,512 hours.
10. Title: Low-Income Taxpayer Clinics Grant Application Package
and Guidelines.
OMB Control Number: 1545-1648.
Type of Review: Extension of a currently approved collection.
Description: Publication 3319 outlines requirements of the IRS Low-
Income Taxpayer Clinics (LITC) program and provides instructions on how
to apply for a LITC grant award. The IRS will review the information
provided by applicants to determine whether to award grants for the
Low-Income Taxpayer Clinics.
Form Number: Publication 3319, Form 13424, 13424-A, 13424-B, 13424-
C, 13424-J, 13424-K, 13424-L, 13424-M, 13424-N, 13424-P, 13424-Q, and
Project Abstracts.
Affected Public: Not for-profit institutions.
Estimated Number of Respondents: 130.
Frequency of Response: Annually.
Estimated Total Number of Annual Responses: 2,780.
Estimated Time per Response: 5 minutes up to 3 hours.
Estimated Total Annual Burden Hours: 9,338.
11. Title: Credit for Small Employer Pension Plan Startup Costs.
OMB Control Number: 1545-1810.
Type of Review: Revision of a currently approved collection.
Description: Qualified small employers use Form 8881 to claim a
credit for start-up costs related to eligible retirement plans. Form
8881 implements section 45E, which provides a credit based on costs
incurred by an employer in establishing or administering an eligible
employer plan or for the retirement-related education of employees with
respect to the plan. The credit is 50% of the qualified costs for the
tax year, up to a maximum credit of $500 for the first tax year and
each of the two subsequent tax years.
Form Number: Form 8881.
Affected Public: Business or other for-profit organizations.
Estimated Number of Respondents: 66,667.
Frequency of Response: Annually.
Estimated Total Number of Annual Responses: 66,667.
Estimated Time per Response: 4 hours, 45 minutes.
Estimated Total Annual Burden Hours: 316,002.
12. Title: Application for Registration (For Certain Excise Tax
Activities).
OMB Control Number: 1545-1835.
Type of Review: Revision of a currently approved collection.
Description: Form 637 is used to apply for excise tax registration.
The registration applies to a person required to be registered under
Revenue code section 4101 for purposes of the federal excise tax on
taxable fuel imposed under Code sections 4041 and 4081; and to certain
manufacturers or sellers and purchasers that must register under Code
section 4222 to be exempt from the excise tax on taxable articles. The
data is used to determine if the applicant qualifies for the exemption.
Taxable fuel producers are required by Code section 4101 to register
with the Service before incurring any tax liability.
Form Number: Form 637.
Affected Public: Business or other for-profit organizations; and
Not-for-profit organizations.
Estimated Number of Respondents: 9,185.
Frequency of Response: On occasion.
Estimated Total Number of Annual Responses: 9,185.
Estimated Total Annual Burden Hours: 31,521.
13. Title: Assumption of Partner Liabilities.
OMB Control Number: 1545-1843.
Type of Review: Extension of a currently approved collection.
Description: This document contains final regulations relating to
the definition of liabilities under Internal Revenue Code (IRC) section
752. These regulations provide rules regarding a partnership's
assumption of certain fixed and contingent obligations in connection
with the issuance of a partnership interest and provide conforming
changes to certain regulations. These regulations also provide rules
under IRC section 358(h) for assumptions of liabilities by corporations
from partners and partnerships. Finally, this document also contains
temporary regulations relating to the assumption of certain liabilities
under IRC section 358(h).
Regulation Project Number: TD 9207.
Affected Public: Business or other for-profit organizations; and
Individuals or Households.
Estimated Number of Respondents: 250.
Frequency of Response: On occasion.
Estimated Total Number of Annual Responses: 250.
Estimated Time per Response: 30 minutes.
Estimated Total Annual Burden Hours: 125.
14. Title: Safe Harbor for Valuation and Mark to Market Accounting
Method for Dealers Under Section 475.
OMB Control Number: 1545-1945.
Type of Review: Extension of a currently approved collection.
Description: These documents set forth an elective safe harbor that
permits dealers in securities and dealers in commodities to elect to
use the values of positions reported on certain financial statements as
the fair market values of those positions for purposes of section 475
of the Internal Revenue Code (Code). This safe harbor is intended to
reduce the compliance burden on taxpayers and to improve the
administrability of the valuation requirement of section 475 for the
IRS. TD 8700 contains final regulations providing guidance to enable
taxpayers to comply with the mark-to-market
[[Page 18480]]
requirements applicable to dealers in securities.
Regulation Project Number: TD 9328 and TD 8700.
Affected Public: Business or other for-profit organizations.
Estimated Number of Respondents: 15,708.
Frequency of Response: Annually.
Estimated Total Number of Annual Responses: 15,708.
Estimated Time per Response: 30 minutes up to 4 hours.
Estimated Total Annual Burden Hours: 52,182.
15. Title: Distilled Spirits Credit.
OMB Control Number: 1545-1982.
Type of Review: Extension of a currently approved collection.
Description: Form 8906, Distilled Spirits Credit, was developed to
carry out the provisions of IRC section 5011(a). This section allows
eligible wholesalers and persons subject to IRC section 5055 an income
tax credit for the average cost of carrying excise tax on bottled
distilled spirits. The form provides a means for the eligible taxpayer
to compute the amount of credit.
Form Number: Form 8906.
Affected Public: Businesses and other for-profits.
Estimated Number of Respondents: 300.
Frequency of Response: Annually.
Estimated Total Number of Annual Responses: 300.
Estimated Time per Response: 1 hour 52 minutes.
Estimated Total Annual Burden Hours: 558.
16. Title: Energy Efficient Homes Credit; Manufactured Homes.
OMB Control Number: 1545-1994.
Type of Review: Extension of a currently approved collection.
Description: This notice supersedes Notice 2006-28 by substantially
republishing the guidance contained in that publication. This notice
clarifies the meaning of the terms equivalent rating network and
eligible contractor and permits calculation procedures other than those
identified in Notice 2006-28 to be used to calculate energy
consumption. Finally, this notice clarifies the process for removing
software from the list of approved software and reflects the extension
of the tax credit through December 31, 2008. Notice 2006-28, as
updated, provided guidance regarding the calculation of heating and
cooling energy consumption for purposes of determining the eligibility
of a manufactured home for the New Energy Efficient Home Credit under
Internal Revenue Code Sec. 45L. Notice 2006-28 also provided guidance
relating to the public list of software programs that may be used to
calculate energy consumption. Guidance relating to dwelling units other
than manufactured homes is provided in Notice 2008-35.
Form Number: Notice 2008-36, Notice 2008-35.
Affected Public: Individuals or Households.
Estimated Number of Respondents: 15.
Frequency of Response: Annually.
Estimated Total Number of Annual Responses: 15.
Estimated Time per Response: 4 hours.
Estimated Total Annual Burden Hours: 60.
17. Title: T.D. 9304--Guidance Necessary to Facilitate Business
Electronic Filing Under Section 1561, T.D. 9329--Guidance Necessary to
Facilitate Business Electronic Filing and Burden Reduction, T.D. 9451--
Guidance Necessary to Facilitate Business Election Filing; Finalization
of Controlled Group Qualification Rules and T.D. 9759--Limitations on
the Importation of Net Built-In Losses.
OMB Control Number: 1545-2019.
Type of Review: Extension of a currently approved collection.
Description: TD 9304 regulations provide guidance to taxpayers
regarding how to allocate the amounts of tax benefit items under
section 1561(a) amongst the component members of a controlled group of
corporations which have an apportionment plan in effect. TD 9329
contains final regulations that simplify, clarify, or eliminate
reporting burdens and also eliminate regulatory impediments to the
electronic filing of certain statements that taxpayers are required to
include on or with their Federal income tax returns. TD 9451 provides
guidance to taxpayers for determining which corporations are included
in a controlled group of corporations. TD 9759 provides guidance for
preventing the importation of loss when a corporation that is subject
to U.S. income tax acquires loss property tax-free in certain
transactions and the loss in the acquired property accrued outside the
U.S. tax system by requiring the bases of the assets received to be
equal to value.
Form Number: TD 9304 (REG-161919-05), TD 9329 (REG134317-05), TD
9451 (REG-161919-05) and TD 9759 (REG-161948-05).
Affected Public: Business or other for-profit organizations.
Estimated Number of Respondents: 225,000.
Frequency of Response: On occasion.
Estimated Total Number of Annual Responses: 225,000.
Estimated Time per Response: 1 hour 40 minutes.
Estimated Total Annual Burden Hours: 375,000.
18. Title: Election Involving the Repeal of the Bonding
Requirement.
OMB Control Number: 1545-2120.
Type of Review: Extension of a currently approved collection.
Description: This revenue procedure affects taxpayers who are
maintaining a surety bond or a Treasury Direct Account (TDA) to satisfy
the low-income housing tax credit recapture exception in Sec. 42(j)(6)
of the Internal Revenue Code (the Code), as in effect on or before July
30, 2008. This revenue procedure provides the procedures for taxpayers
to follow when making the election under section 3004(i)(2)(B)(ii) of
the Housing Assistance Tax Act of 2008 (Pub. L. 110-289) (the Act) to
no longer maintain a surety bond or a TDA to avoid recapture.
Form Number: RP 2008-60 and RP 2012-27.
Affected Public: Individuals and Households; and Businesses and
other-for-profit organizations.
Estimated Number of Respondents: 7,810.
Frequency of Response: Annually; On occasion.
Estimated Total Number of Annual Responses: 7,810.
Estimated Time per Response: 1 hour.
Estimated Total Annual Burden Hours: 7,810.
19. Title: Application for Extension of Time for Payment of Tax Due
to Undue Hardship.
OMB Control Number: 1545-2131.
Type of Review: Extension of a currently approved collection.
Description: Internal Revenue Code section 6161 allows individual
and business taxpayers to request an extension of time for payment of
tax shown or required to be shown on a return or for a tax due on a
notice of deficiency. Form 1127 must be filed with supporting
documentation to approve an extension, providing evidence the taxpayer
would sustain a substantial financial loss if forced to pay the tax or
deficiency on the due date.
Form Number: Form 1127.
Affected Public: Businesses or other for-profit organizations; and
Not-for-profits.
Estimated Number of Respondents: 20.
Frequency of Response: Annually; On occasion.
Estimated Total Number of Annual Responses: 20.
Estimated Time per Response: 7 hours, 26 minutes.
Estimated Total Annual Burden Hours: 149 hours.
[[Page 18481]]
20. Title: Mortgage Assistance Payments.
OMB Control Number: 1545-2221.
Type of Review: Extension of a currently approved collection.
Description: This form is a statement reported to the IRS and to
taxpayers. It will be filed and furnished by State Housing Finance
Agencies (HFAs) and HUD to report the total amounts of mortgage
assistance payments and homeowner mortgage payments made to mortgage
servicers. The requirement for the statements are authorized by Notice
2011-14, supported by Public Law 111-203, sec. 1496, and Public Law
110-343, Division A, sec. 109.
Form Number: Form 1098-MA.
Affected Public: Individuals, Federal Government, State, Local, or
Tribal Governments.
Estimated Number of Respondents: 52.
Frequency of Response: Annually.
Estimated Total Number of Annual Responses: 60,000.
Estimated Time per Response: 2 hours 50 minutes.
Estimated Total Annual Burden Hours: 170,400.
Authority: 44 U.S.C. 3501 et seq.
Molly Stasko,
Treasury PRA Clearance Officer.
[FR Doc. 2022-06699 Filed 3-29-22; 8:45 am]
BILLING CODE 4830-01-P
