Proposed Collection; Comment Request for Form 1098-Q, 15928 [2024-04584]
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15928
Federal Register / Vol. 89, No. 44 / Tuesday, March 5, 2024 / Notices
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 1098–Q
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
The Internal Revenue Service
(IRS), as part of its continuing effort to
reduce paperwork and respondent
burden, invites the general public and
other Federal agencies to take this
opportunity to comment on information
collections, as required by the
Paperwork Reduction Act of 1995. The
IRS is soliciting comments concerning
Longevity Annuity Contracts.
DATES: Written comments should be
received on or before May 6, 2024, to be
assured of consideration.
ADDRESSES: Direct all written comments
to Andres Garcia, Internal Revenue
Service, Room 6526, 1111 Constitution
Avenue NW, Washington, DC 20224, or
by email to pra.comments@irs.gov.
Include ‘‘OMB Number 1545–2234Longevity Annuity Contracts’’ in the
subject line of the message.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of this collection should be
directed to Martha R. Brinson, at (202)
317–5753, or at Internal Revenue
Service, Room 6526, 1111 Constitution
Avenue NW, Washington, DC 20224, or
through the internet at
Martha.R.Brinson@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Longevity Annuity Contracts.
OMB Number: 1545–2234.
Form Number: Form 1098–Q and TD
9673.
Abstract: This collection covers final
regulations relating to the use of
longevity annuity contracts in tax
qualified defined contribution plans
under section 401(a) of the Internal
Revenue Code (Code), section 403(b)
plans, individual retirement annuities
and accounts (IRAs) under section 408,
and eligible governmental plans under
section 457(b).
Form 1098–Q is used to comply with
the reporting requirements under TD
9673. Any person who issues a contract
intended to be a QLAC that is purchased
or held under any plan, annuity, or
account described in section 401(a),
403(a), 403(b), 408 (other than a Roth
IRA) or eligible governmental plan
under section 457(b), must file Form
1098–Q.
Current Actions: There are no changes
being made to the form at this time.
lotter on DSK11XQN23PROD with NOTICES1
SUMMARY:
VerDate Sep<11>2014
16:50 Mar 04, 2024
Jkt 262001
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations, individuals, notfor-profit institutions, individuals or
households.
Estimated Number of Respondents:
150.
Estimated Time per Respondent: 8
mins.
Estimated Total Annual Burden
Hours: 28,529.
The following paragraph applies to all
of 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 as long
as 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.
Request for Comments: Comments
submitted in response to this notice will
be summarized and/or included in the
request for OMB approval. Comments
will be of public record. Comments are
invited on: (a) whether the collection of
information is necessary for the proper
performance of the functions of the
agency, including whether the
information has practical utility; (b) the
accuracy of the agency’s estimate of the
burden of the collection of information;
(c) ways to enhance the quality, utility,
and clarity of the information to be
collected; (d) ways to minimize the
burden of the collection of information
on or other forms of information
technology; and (e) estimates of capital
or start-up costs and costs of operation,
maintenance, and purchase of services
to provide information.
Approved: February 26, 2024.
Martha R. Brinson,
Tax Analyst.
[FR Doc. 2024–04584 Filed 3–4–24; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF VETERANS
AFFAIRS
[OMB Control No. 2900–0798]
Agency Information Collection
Activity: Veteran/Beneficiary Claim for
Reimbursement of Travel Expenses
Veterans Health
Administration, Department of Veterans
Affairs.
ACTION: Notice.
AGENCY:
PO 00000
Frm 00121
Fmt 4703
Sfmt 4703
Veterans Health
Administration (VHA), Department of
Veterans Affairs (VA), is announcing an
opportunity for public comment on the
proposed collection of certain
information by the agency. Under the
Paperwork Reduction Act (PRA) of
1995, Federal agencies are required to
publish notice in the Federal Register
concerning each proposed collection of
information, including a proposed
reinstatement of a collection, and allow
60 days for public comment in response
to the notice.
DATES: Written comments and
recommendations on the proposed
collection of information should be
received on or before May 6, 2024.
ADDRESSES: Submit written comments
on the collection of information through
Federal Docket Management System
(FDMS) at www.Regulations.gov or to
Grant Bennett, Office of Regulations,
Appeals, and Policy (10BRAP),
Department of Veterans Affairs, 810
Vermont Avenue NW, Washington, DC
20420 or email to Grant.Bennett@va.gov.
Please refer to ‘‘OMB Control No. 2900–
0798’’ in any correspondence. During
the comment period, comments may be
viewed online through FDMS.
FOR FURTHER INFORMATION CONTACT:
Maribel Aponte, Office of Enterprise
and Integration, Data Governance and
Analytics (008), 810 Vermont Avenue
NW, Washington, DC 20420, (202) 266–
4688 or email maribel.aponte@va.gov.
Please refer to ‘‘OMB Control No. 2900–
0798’’ in any correspondence.
SUPPLEMENTARY INFORMATION: Under the
PRA of 1995, Federal agencies must
obtain approval from the Office of
Management and Budget (OMB) for each
collection of information they conduct
or sponsor. This request for comment is
being made pursuant to section
3506(c)(2)(A) of the PRA.
With respect to the following
collection of information, VHA invites
comments on: (1) whether the proposed
collection of information is necessary
for the proper performance of VHA’s
functions, including whether the
information will have practical utility;
(2) the accuracy of VHA’s estimate of
the burden of the proposed collection of
information; (3) ways to enhance the
quality, utility, and clarity of the
information to be collected; and (4)
ways to minimize the burden of the
collection of information on
respondents, including through the use
of automated collection techniques or
the use of other forms of information
technology.
Authority: Public Law 104–13; 44
U.S.C. 3501–3521.
SUMMARY:
E:\FR\FM\05MRN1.SGM
05MRN1
]]>Agencies
[Federal Register Volume 89, Number 44 (Tuesday, March 5, 2024)]
[Notices]
[Page 15928]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-04584]
[[Page 15928]]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 1098-Q
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
SUMMARY: The Internal Revenue Service (IRS), as part of its continuing
effort to reduce paperwork and respondent burden, invites the general
public and other Federal agencies to take this opportunity to comment
on information collections, as required by the Paperwork Reduction Act
of 1995. The IRS is soliciting comments concerning Longevity Annuity
Contracts.
DATES: Written comments should be received on or before May 6, 2024, to
be assured of consideration.
ADDRESSES: Direct all written comments to Andres Garcia, Internal
Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC
20224, or by email to [email protected]. Include ``OMB Number 1545-
2234-Longevity Annuity Contracts'' in the subject line of the message.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of this collection should be directed to Martha R. Brinson, at
(202) 317-5753, or at Internal Revenue Service, Room 6526, 1111
Constitution Avenue NW, Washington, DC 20224, or through the internet
at [email protected].
SUPPLEMENTARY INFORMATION:
Title: Longevity Annuity Contracts.
OMB Number: 1545-2234.
Form Number: Form 1098-Q and TD 9673.
Abstract: This collection covers final regulations relating to the
use of longevity annuity contracts in tax qualified defined
contribution plans under section 401(a) of the Internal Revenue Code
(Code), section 403(b) plans, individual retirement annuities and
accounts (IRAs) under section 408, and eligible governmental plans
under section 457(b).
Form 1098-Q is used to comply with the reporting requirements under
TD 9673. Any person who issues a contract intended to be a QLAC that is
purchased or held under any plan, annuity, or account described in
section 401(a), 403(a), 403(b), 408 (other than a Roth IRA) or eligible
governmental plan under section 457(b), must file Form 1098-Q.
Current Actions: There are no changes being made to the form at
this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations,
individuals, not-for-profit institutions, individuals or households.
Estimated Number of Respondents: 150.
Estimated Time per Respondent: 8 mins.
Estimated Total Annual Burden Hours: 28,529.
The following paragraph applies to all of 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 as long as
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.
Request for Comments: Comments submitted in response to this notice
will be summarized and/or included in the request for OMB approval.
Comments will be of public record. Comments are invited on: (a) whether
the collection of information is necessary for the proper performance
of the functions of the agency, including whether the information has
practical utility; (b) the accuracy of the agency's estimate of the
burden of the collection of information; (c) ways to enhance the
quality, utility, and clarity of the information to be collected; (d)
ways to minimize the burden of the collection of information on or
other forms of information technology; and (e) estimates of capital or
start-up costs and costs of operation, maintenance, and purchase of
services to provide information.
Approved: February 26, 2024.
Martha R. Brinson,
Tax Analyst.
[FR Doc. 2024-04584 Filed 3-4-24; 8:45 am]
BILLING CODE 4830-01-P
