Agency Collection Activities; Requesting Comments on Form 8801, 74376-74377 [2024-20709]
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74376
Federal Register / Vol. 89, No. 177 / Thursday, September 12, 2024 / Notices
ddrumheller on DSK120RN23PROD with NOTICES1
respondents since OFAC’s last
information collection submission
regarding the Regulations in 2021 is due
to OFAC consolidating several
information collection requests and, in
response to unpredictable foreign policy
developments and considerations, and
given the ongoing conflict in Ukraine,
has added a number of new
prohibitions, as well as several
thousand new designations, particularly
with respect to Ukraine and Russian,
resulting in a corresponding increase in
related reports. In addition, a May 2024
amendment to the Cuban Assets Control
Regulations in 31 CFR 515.584(d)
reinstated an authorization for ‘‘U-turn’’
transactions to support independent
private sector entrepreneurs in Cuba, by
facilitating remittances and payments
for authorized transactions in the Cuban
private sector, which is expected to lead
to an increase in remittances to Cuba
over the coming three years.
Frequency of Response: The estimated
annual frequency of responses is
between 1 and 17,800, varying greatly
by entity depending on the size, nature,
and scope of business activities of each
respondent, with the majority of filers
providing a small number of responses
and a small number of filers submitting
a higher number of responses.
Estimated Total Number of Annual
Responses: The estimated total number
of responses per year is approximately
2,502,086.
Estimated Time per Response: OFAC
assesses that there is an average time
estimate for reports associated with
forms ranging from 15 minutes to 2
hours and for reports associated with
general licenses, Cuba remittances, Cuba
travel, closure of correspondent or
payable-through accounts, and other
miscellaneous reports ranging from 1
minute to 5 hours.
Estimated Total Annual Burden
Hours: The estimated total annual
reporting burden is approximately
86,223 hours.
Request for Comments
Comments submitted in response to
this notice will be summarized and
included in the request for OMB
approval. All comments will become a
matter 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
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20:43 Sep 11, 2024
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on respondents, including through the
use of automated collection techniques
or other forms of information
technology; and (e) estimates of capital
or start-up costs and costs of operation,
maintenance, and purchase of services
required to provide information.
Authority: 44 U.S.C. 3501 et seq.
Dated: September 9, 2024.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets
Control.
[FR Doc. 2024–20675 Filed 9–11–24; 8:45 am]
BILLING CODE 4810–AL–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Agency Collection Activities;
Requesting Comments on Form 8801
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 general 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. The IRS is soliciting
comments concerning Form 8801,
Credit for Prior Year Minimum Tax—
Individuals, Estates, and Trusts.
DATES: Written comments should be
received on or before November 12,
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 Control No. 1545–1073 in
the subject line of the message.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of this collection should be
directed to Jason Schoonmaker, (801)
620–2128, at Internal Revenue Service,
Room 6526, 1111 Constitution Avenue
NW, Washington, DC 20224, or through
the internet at jason.m.schoonmaker@
irs.gov.
SUMMARY:
The IRS is
currently seeking comments concerning
the following information collection
tools, reporting, and record-keeping
requirements:
Title: Credit for Prior Year Minimum
Tax—Individuals, Estates, and Trusts.
OMB Number: 1545–1073.
Form Number: Form 8801.
SUPPLEMENTARY INFORMATION:
PO 00000
Frm 00177
Fmt 4703
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Abstract: Form 8801 is used by
individuals, estates, and trusts to
compute the minimum tax credit, if any,
available from a tax year beginning after
1986 to be used in the current year or
to be carried forward for use in a future
year. These burden estimates are only
for trust and estate filers (nonindividual taxpayers). The burden
estimates for other filers are covered
under OMB control numbers 1545–0074
for individual filers.
Current Actions: There are no changes
to the burden previously approved by
OMB. This submission is for renewal
purposes.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals and
households.
Estimated Number of Responses:
20,100.
Estimated Time per Respondent: 7
hours, 4 minutes.
Estimated Total Annual Burden
Hours: 142,164.
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. All
comments will become a matter 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 shall have 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 respondents, including
through the use of automated collection
techniques 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.
E:\FR\FM\12SEN1.SGM
12SEN1
Federal Register / Vol. 89, No. 177 / Thursday, September 12, 2024 / Notices
Approved: September 9, 2024.
Jason M. Schoonmaker,
Tax Analyst.
620–2128, at Internal Revenue Service,
Room 6526, 1111 Constitution Avenue
NW, Washington, DC 20224, or through
the internet at jason.m.schoonmaker@
irs.gov.
[FR Doc. 2024–20709 Filed 9–11–24; 8:45 am]
BILLING CODE 4830–01–P
The IRS is
currently seeking comments concerning
the following information collection
tools, reporting, and record-keeping
requirements:
Title: Casualties and Thefts.
OMB Number: 1545–0177.
Form Number: 4684.
Abstract: Form 4684 is used by
taxpayers to compute their gain or loss
from casualties or thefts, and to
summarize such gains and losses. The
data is used to verify that the correct
gain or loss has been computed. These
burden estimates are only for taxexempt, trust and estate filers. The
burden estimates for other filers are
covered under OMB control numbers
1545–0074 for individual filers and
1545–0123 for business filers.
Current Actions: There is no change to
the existing collection. However, the
estimated number of responses was
updated to eliminate duplication of the
burden associated with business filers
captured under OMB control number
1545–0123.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals,
households, and business or other forprofit organizations.
Estimated Number of Responses:
1,860.
Estimated Time per Respondent: 6
hours, 3 minutes.
Estimated Total Annual Burden
Hours: 11,253.
SUPPLEMENTARY INFORMATION:
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Agency Collection Activities;
Requesting Comments on Form 4684,
Casualties and Thefts
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 general 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. The
IRS is soliciting comments concerning
Form 4684, Casualties and Thefts.
DATES: Written comments should be
received on or before November 12,
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 Control No. 1545–0177 in
the subject line of the message.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of this collection should be
directed to Jason Schoonmaker, (801)
ddrumheller on DSK120RN23PROD with NOTICES1
SUMMARY:
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74377
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. All
comments will become a matter 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 shall have 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 respondents, including
through the use of automated collection
techniques 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: September 9, 2024.
Jason M. Schoonmaker,
Tax Analyst.
[FR Doc. 2024–20710 Filed 9–11–24; 8:45 am]
BILLING CODE 4830–01–P
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Agencies
[Federal Register Volume 89, Number 177 (Thursday, September 12, 2024)]
[Notices]
[Pages 74376-74377]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-20709]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Agency Collection Activities; Requesting Comments on Form 8801
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 general 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. The IRS is soliciting comments
concerning Form 8801, Credit for Prior Year Minimum Tax--Individuals,
Estates, and Trusts.
DATES: Written comments should be received on or before November 12,
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 Control No.
1545-1073 in the subject line of the message.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of this collection should be directed to Jason Schoonmaker,
(801) 620-2128, at Internal Revenue Service, Room 6526, 1111
Constitution Avenue NW, Washington, DC 20224, or through the internet
at [email protected].
SUPPLEMENTARY INFORMATION: The IRS is currently seeking comments
concerning the following information collection tools, reporting, and
record-keeping requirements:
Title: Credit for Prior Year Minimum Tax--Individuals, Estates, and
Trusts.
OMB Number: 1545-1073.
Form Number: Form 8801.
Abstract: Form 8801 is used by individuals, estates, and trusts to
compute the minimum tax credit, if any, available from a tax year
beginning after 1986 to be used in the current year or to be carried
forward for use in a future year. These burden estimates are only for
trust and estate filers (non-individual taxpayers). The burden
estimates for other filers are covered under OMB control numbers 1545-
0074 for individual filers.
Current Actions: There are no changes to the burden previously
approved by OMB. This submission is for renewal purposes.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals and households.
Estimated Number of Responses: 20,100.
Estimated Time per Respondent: 7 hours, 4 minutes.
Estimated Total Annual Burden Hours: 142,164.
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. All
comments will become a matter 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 shall have 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 respondents, including through the use of automated
collection techniques 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.
[[Page 74377]]
Approved: September 9, 2024.
Jason M. Schoonmaker,
Tax Analyst.
[FR Doc. 2024-20709 Filed 9-11-24; 8:45 am]
BILLING CODE 4830-01-P