Proposed Collection; Comment Request for Form 8924, 18485-18486 [2024-05335]
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lotter on DSK11XQN23PROD with NOTICES1
Federal Register / Vol. 89, No. 50 / Wednesday, March 13, 2024 / Notices
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: Passive Activity Loss
Limitations.
OMB Number: 1545–1008.
Form Number: 8582.
Abstract: Internal Revenue Code
section 469 limits the passive activity
losses that a taxpayer may deduct. The
passive activity losses from passive
activities, to the extent that they exceed
income from passive activities, cannot
be deducted against nonpassive income.
Form 8582 is used to figure the passive
activity loss allowed and the actual loss
to be reported on the tax returns.
Current Actions: There is no change to
the form at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals or
households, estates, and trusts.
Estimated Number of Respondents:
250,000.
Estimated Time per Respondent: 3
hours, 30 minutes.
Estimated Total Annual Burden
Hours: 875,000.
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.
VerDate Sep<11>2014
17:33 Mar 12, 2024
Jkt 262001
Approved: March 5, 2024.
Martha R. Brinson,
Tax Analyst.
[FR Doc. 2024–05334 Filed 3–12–24; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 1099–A
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,
Acquisition or Abandonment of Secured
Property.
DATES: Written comments should be
received on or before May 13, 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 1545–0877—
Acquisition or Abandonment of Secured
Property’’ in the subject line of the
message.
SUMMARY:
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: Acquisition or Abandonment of
Secured Property.
OMB Number: 1545–0877.
Form Number: 1099–A.
Abstract: This form is used by persons
who lend money in connection with a
trade or business, and who acquire an
interest in the property that is security
for the loan or who have reason to know
that the property has been abandoned,
to report the acquisition or
abandonment.
Current Actions: There are no changes
being made to the form at this time.
Type of Review: Extension of a
currently approved collection.
PO 00000
Frm 00115
Fmt 4703
Sfmt 4703
18485
Affected Public: Businesses or other
for-profit organizations.
Estimated Number of Responses:
466,000.
Estimated Time per Response: 9
minutes.
Estimated Total Annual Burden
Hours: 74,560.
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: March 5, 2024.
Martha R. Brinson,
Tax Analyst.
[FR Doc. 2024–05333 Filed 3–12–24; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 8924
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
SUMMARY:
E:\FR\FM\13MRN1.SGM
13MRN1
18486
Federal Register / Vol. 89, No. 50 / Wednesday, March 13, 2024 / Notices
opportunity to comment on information
collections, as required by the
Paperwork Reduction Act of 1995. The
IRS is soliciting comments concerning,
Excise Tax on Certain Transfers of
Qualifying Geothermal or Mineral
Interests.
Written comments should be
received on or before May 13, 2024 to
be assured of consideration.
DATES:
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 1545–2099—
Excise Tax on Certain Transfers of
Qualifying Geothermal or Mineral
Interests’’ in the subject line of the
message.
ADDRESSES:
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.
lotter on DSK11XQN23PROD with NOTICES1
SUPPLEMENTARY INFORMATION:
VerDate Sep<11>2014
17:33 Mar 12, 2024
Jkt 262001
Title: Excise Tax on Certain Transfers
of Qualifying Geothermal or Mineral
Interests.
OMB Number: 1545–2099.
Form Number: 8924.
Abstract: This form is required by
Section 403 of the Tax Relief and Health
Care Act of 2006 which imposes an
excise tax on certain transfers of
qualifying mineral or geothermal
interests.
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: Businesses or other
for-profit organizations.
Estimated Number of Respondents:
20.
Estimated Time per Respondent: 5
hours, 33 minutes.
Estimated Total Annual Burden
Hours: 111.
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
PO 00000
Frm 00116
Fmt 4703
Sfmt 9990
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: March 5, 2024.
Martha R. Brinson,
Tax Analyst.
[FR Doc. 2024–05335 Filed 3–12–24; 8:45 am]
BILLING CODE 4830–01–P
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13MRN1
]]>Agencies
[Federal Register Volume 89, Number 50 (Wednesday, March 13, 2024)]
[Notices]
[Pages 18485-18486]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-05335]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 8924
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
[[Page 18486]]
opportunity to comment on information collections, as required by the
Paperwork Reduction Act of 1995. The IRS is soliciting comments
concerning, Excise Tax on Certain Transfers of Qualifying Geothermal or
Mineral Interests.
DATES: Written comments should be received on or before May 13, 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-
2099--Excise Tax on Certain Transfers of Qualifying Geothermal or
Mineral Interests'' 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: Excise Tax on Certain Transfers of Qualifying Geothermal or
Mineral Interests.
OMB Number: 1545-2099.
Form Number: 8924.
Abstract: This form is required by Section 403 of the Tax Relief
and Health Care Act of 2006 which imposes an excise tax on certain
transfers of qualifying mineral or geothermal interests.
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: Businesses or other for-profit organizations.
Estimated Number of Respondents: 20.
Estimated Time per Respondent: 5 hours, 33 minutes.
Estimated Total Annual Burden Hours: 111.
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: March 5, 2024.
Martha R. Brinson,
Tax Analyst.
[FR Doc. 2024-05335 Filed 3-12-24; 8:45 am]
BILLING CODE 4830-01-P
