Proposed Extension of Information Collection Request Submitted for Public Comment; Comment Request for Form 1099-OID, 68005-68006 [2022-24568]
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Federal Register / Vol. 87, No. 217 / Thursday, November 10, 2022 / Notices
lotter on DSK11XQN23PROD with NOTICES1
and ticket agents to display a first and
second checked bag fee, a carry-on bag
fee, change and cancellation fee, and
family seating fees to consumers
whenever fare and schedule information
is provided online. It also provides
sufficient time to train agents to provide
fee information for critical ancillary
services to consumers when providing
fare and schedule information in person
or over the phone. It also takes into
account the time needed for carriers to
share ancillary service fee information
with ticket agents.
Question (5): The Department seeks
comment on whether proposed
implementation period of six months is
too lengthy or too short. If the proposed
implementation period is either too
lengthy or too short, how long of an
implementation period would be
appropriate and why? Should the
Department impose a date certain by
which carriers must share ancillary
service fee information with ticket
agents?
Process for Participation
At the December meeting, individual
members of the public will have an
opportunity to make remarks. However,
depending on the volume of requests for
oral comments that we receive and the
time available, we may not be able to
hear from everyone who submitted a
request. Any oral comments presented
must be limited to the objectives of the
committee and will be limited to three
(3) minutes per person. Individual
members of the public who wish to
present oral comments must notify the
Department of Transportation, no later
than Thursday, December 1, 2022, via
email at ACPAC@dot.gov that they wish
to present oral comments. The email
should (1) identify (by the question
number as listed in this Notice) the
specific question(s) on which you wish
to provide comments; (2) state the
organization or entity you are
representing or that you are speaking as
a member of the public; and (3) provide
a written summary of the oral comments
you wish to present at the meeting on
the question(s). Due to the limited time
during the meeting, the Department will
review all speaking request submissions
and notify those who are selected to
speak in advance of the meeting. If there
is an interest in addressing a question
not identified in this Notice but related
to ancillary fee transparency NPRM,
please identify that topic in your
request.
Members of the public who do not
wish to speak at the meeting but have
comments on the Ancillary Fee
Transparency NPRM that are
specifically directed to the ACPAC
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17:43 Nov 09, 2022
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members for consideration may submit
their written comments electronically to
the ACPAC Docket (DOT–OST–2018–
0190). In addition, any substantive
comments on the NPRM to be
considered by the Department in the
rulemaking should be submitted
directly to the NPRM Docket (DOT–
OST–2022–0109) by December 19, 2022.
The Department is committed to
providing equal access to this meeting
for all participants. Communication
Access Real-time Translation (CART)
and sign language interpretation will be
provided during the meeting. If you
need additional accommodations due to
a disability, please contact ACPAC@
dot.gov no later than December 1, 2022.
B. December 9, 2022, Meeting
The December 9, 2022, meeting will
begin at 10:00 a.m. EST, and the
Committee members will deliberate and
decide on recommendations, if any, to
make to the Department on (1)
information provided to consumers
adversely affected by airline delays or
cancellations; (2) availability of airline
flight information; and (3) the
Department’s NPRM on Airline Ticket
Refunds and Consumer Protections.
Members of the public may submit
written comments on any of the three
topics at any time to the ACPAC Docket
(DOT–OST–2018–0190).
IV. Viewing Documents
Documents associated with the
ACPAC maybe be accessed in the
ACPAC Docket (DOT–OST–2018–0190).
Documents associated with the NPRM
on Enhancing Transparency of Airline
Ancillary Service Fees may be accessed
in the rulemaking Docket (DOT–OST–
2022–0109). Documents associated with
the NPRM on Airline Ticket Refunds
and Consumer Protections may be
accessed in the rulemaking Docket
(DOT–OST–2022–0089). Dockets may
be accessed at https://
www.regulations.gov. After entering the
relevant docket number click the link to
‘‘Open Docket Folder’’ and choose the
document to review.
Signed in Washington, DC, on or about this
4th day of November 2022.
John E. Putnam,
General Counsel.
[FR Doc. 2022–24486 Filed 11–9–22; 8:45 am]
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68005
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Extension of Information
Collection Request Submitted for
Public Comment; Comment Request
for Form 1099–OID
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
1099–OID, Original Issue Discount.
DATES: Written comments should be
received on or before January 9, 2023 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 pra.comments@irs.gov.
Please include, ‘‘OMB Number: 1545–
0117—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.
SUPPLEMENTARY INFORMATION:
Title: Original Issue Discount.
OMB Number: 1545–0117.
Regulation Project Number: Form
1099–OID.
Abstract: Form 1099–OID is used for
reporting original issue discount as
required by section 6049 of the Internal
Revenue Code. It is used to verify that
income earned on discount obligations
is properly reported by the recipient.
Current Actions: There are changes to
the burden indicators used to compute
burden and an estimated decrease in the
number of responses previously
approved by OMB.
Type of Review: Revision of a
currently approved collection.
Affected Public: Business or other forprofit groups.
Estimated Number of Responses:
4,411,100.
Estimated Time per Respondent: 23
minutes.
SUMMARY:
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Federal Register / Vol. 87, No. 217 / Thursday, November 10, 2022 / Notices
Estimated Total Annual Burden
Hours: 1,720,329.
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: November 7, 2022.
Ronald J. Durbala,
IRS Tax Analyst.
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[FR Doc. 2022–24568 Filed 11–9–22; 8:45 am]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Extension of Information
Collection Request Submitted for
Public Comment; Comment Request
Concerning Information Reporting for
Form 8811
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 i
information returns for real estate
mortgage investment conduits (REMICs)
and issuers of collateralized debt
obligations.
SUMMARY:
Written comments should be
received on or before January 9, 2023 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 pra.comments@irs.gov.
Please include, ‘‘OMB Number: 1545–
1099—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.
SUPPLEMENTARY INFORMATION:
Title: Information Return for Real
Estate Mortgage Investment Conduits
(REMICs) and Issuers of Collateralized
Debt Obligations.
OMB Number: 1545–1099.
Form Project Number: Form 8811.
Abstract: Current regulations require
real estate mortgage investment
conduits (REMICs) to provide Forms
1099 to true holders of interests in these
investment vehicles. Because of the
complex computations required at each
level and the potential number of
nominees, the ultimate investor may not
receive a Form 1099 and other
information necessary to prepare their
tax return in a timely fashion. Form
8811 collects information for publishing
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by the IRS so that brokers can contact
REMICs to request the financial
information and timely issue Forms
1099 to holders.
Current Actions: There is no change
in the form previously approved
however, an increase in the estimated
annual responses will increase the
overall estimated burden by 8,760
hours.
Type of Review: Revision of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Responses:
3,000.
Estimated Time per Respondent: 4
Hours 23 minutes.
Estimated Total Annual Burden
Hours: 13,140.
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.
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]]>Agencies
[Federal Register Volume 87, Number 217 (Thursday, November 10, 2022)]
[Notices]
[Pages 68005-68006]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-24568]
=======================================================================
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Extension of Information Collection Request Submitted
for Public Comment; Comment Request for Form 1099-OID
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 1099-OID, Original Issue Discount.
DATES: Written comments should be received on or before January 9, 2023
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: 1545-0117--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].
SUPPLEMENTARY INFORMATION:
Title: Original Issue Discount.
OMB Number: 1545-0117.
Regulation Project Number: Form 1099-OID.
Abstract: Form 1099-OID is used for reporting original issue
discount as required by section 6049 of the Internal Revenue Code. It
is used to verify that income earned on discount obligations is
properly reported by the recipient.
Current Actions: There are changes to the burden indicators used to
compute burden and an estimated decrease in the number of responses
previously approved by OMB.
Type of Review: Revision of a currently approved collection.
Affected Public: Business or other for-profit groups.
Estimated Number of Responses: 4,411,100.
Estimated Time per Respondent: 23 minutes.
[[Page 68006]]
Estimated Total Annual Burden Hours: 1,720,329.
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: November 7, 2022.
Ronald J. Durbala,
IRS Tax Analyst.
[FR Doc. 2022-24568 Filed 11-9-22; 8:45 am]
BILLING CODE 4830-01-P
