Agency Collection Activities; Requesting Comments on Form 8876, 23766 [2025-10165]

Download as PDF 23766 Federal Register / Vol. 90, No. 106 / Wednesday, June 4, 2025 / Notices property and interests in property are blocked pursuant to E.O. 13224, as amended. Lisa M. Palluconi, Acting Director, Office of Foreign Assets Control. [FR Doc. 2025–10108 Filed 6–3–25; 8:45 am] BILLING CODE 4810–AL–P DEPARTMENT OF THE TREASURY Internal Revenue Service Agency Collection Activities; Requesting Comments on Form 8832 Internal Revenue Service (IRS), Treasury. ACTION: Notice of Information Collection; request for comments. AGENCY: In accordance with the Paperwork Reduction Act of 1995, the IRS is inviting comments on the information collection request outlined in this notice. DATES: Written comments should be received on or before August 4, 2025 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. 1545–1516 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. SUPPLEMENTARY INFORMATION: The IRS, in accordance with the Paperwork Reduction Act of 1995 (PRA) (44 U.S.C. 3506(c)(2)(A)), provides the general public and Federal agencies with an opportunity to comment on proposed, revised, and continuing collections of information. This helps the IRS assess the impact and minimize the burden of its information collection requirements. 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 ddrumheller on DSK120RN23PROD with NOTICES1 SUMMARY: VerDate Sep<11>2014 17:52 Jun 03, 2025 Jkt 265001 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. Title: Entity Classification Election. OMB Number: 1545–1516. Form Number: 8832. Abstract: Form 8832 is used by an eligible entity that chooses not to be classified under the default rules or that wishes to change its current classification must file Form 8832 to elect a classification. Current Actions: There is no change to the existing collection; however, the total burden has been reduced due to burden estimates covered for business filers under OMB control number 1545– 0123. Type of Review: Extension of a currently approved collection. Affected Public: Business or other forprofit organizations. Estimated Number of Responses: 50. Estimated Time per Respondent: 7 hours, 10 minutes. Estimated Total Annual Burden Hours: 386. Dated: May 29, 2025. Jason M. Schoonmaker, Tax Analyst. [FR Doc. 2025–10166 Filed 6–3–25; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Agency Collection Activities; Requesting Comments on Form 8876 Internal Revenue Service (IRS), Treasury. ACTION: Notice of Information Collection; request for comments. AGENCY: In accordance with the Paperwork Reduction Act of 1995, the IRS is inviting comments on the information collection request outlined in this notice. DATES: Written comments should be received on or before August 4, 2025 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. SUMMARY: PO 00000 Frm 00101 Fmt 4703 Sfmt 9990 Include OMB Control No. 1545–1826 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. SUPPLEMENTARY INFORMATION: The IRS, in accordance with the Paperwork Reduction Act of 1995 (PRA) (44 U.S.C. 3506(c)(2)(A)), provides the general public and Federal agencies with an opportunity to comment on proposed, revised, and continuing collections of information. This helps the IRS assess the impact and minimize the burden of its information collection requirements. 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. Title: Excise Tax on Structured Settlement Factoring Transactions. OMB Number: 1545–1826. Form Number: 8876. Abstract: Form 8876 is used to report structured settlement transactions and pay the applicable excise tax. Current Actions: There is no change to the existing collection. Type of Review: Extension of a currently approved collection. Affected Public: Individuals or households, business or other for-profit organizations. Estimated Number of Responses: 50. Estimated Time per Respondent: 5 hours, 36 minutes. Estimated Total Annual Burden Hours: 280. Dated: May 29, 2025. Jason M. Schoonmaker, Tax Analyst. [FR Doc. 2025–10165 Filed 6–3–25; 8:45 am] BILLING CODE 4830–01–P E:\FR\FM\04JNN1.SGM 04JNN1

Agencies

[Federal Register Volume 90, Number 106 (Wednesday, June 4, 2025)]
[Notices]
[Page 23766]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-10165]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Agency Collection Activities; Requesting Comments on Form 8876

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice of Information Collection; request for comments.

-----------------------------------------------------------------------

SUMMARY: In accordance with the Paperwork Reduction Act of 1995, the 
IRS is inviting comments on the information collection request outlined 
in this notice.

DATES: Written comments should be received on or before August 4, 2025 
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. 
1545-1826 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.

SUPPLEMENTARY INFORMATION: The IRS, in accordance with the Paperwork 
Reduction Act of 1995 (PRA) (44 U.S.C. 3506(c)(2)(A)), provides the 
general public and Federal agencies with an opportunity to comment on 
proposed, revised, and continuing collections of information. This 
helps the IRS assess the impact and minimize the burden of its 
information collection requirements. 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.
    Title: Excise Tax on Structured Settlement Factoring Transactions.
    OMB Number: 1545-1826.
    Form Number: 8876.
    Abstract: Form 8876 is used to report structured settlement 
transactions and pay the applicable excise tax.
    Current Actions: There is no change to the existing collection.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Individuals or households, business or other for-
profit organizations.
    Estimated Number of Responses: 50.
    Estimated Time per Respondent: 5 hours, 36 minutes.
    Estimated Total Annual Burden Hours: 280.

    Dated: May 29, 2025.
Jason M. Schoonmaker,
Tax Analyst.
[FR Doc. 2025-10165 Filed 6-3-25; 8:45 am]
BILLING CODE 4830-01-P


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