30 day FRN

30 day notice - 3-30-20.pdf

Application to Adopt, Change, or Retain a Tax Year

30 day FRN

OMB: 1545-0134

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17618
ACTION:

Federal Register / Vol. 85, No. 61 / Monday, March 30, 2020 / Notices
Notice.

The Department of the
Treasury will submit the following
information collection requests to the
Office of Management and Budget
(OMB) for review and clearance in
accordance with the Paperwork
Reduction Act of 1995, on or after the
date of publication of this notice. The
public is invited to submit comments on
these requests.
DATES: Comments should be received on
or before April 29, 2020 to be assured
of consideration.
ADDRESSES: Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice to www.reginfo.gov/public/do/
PRAMain. Find this particular
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function.
FOR FURTHER INFORMATION CONTACT:
Copies of the submissions may be
obtained from Spencer W. Clark by
emailing [email protected], calling
(202) 927–5331, or viewing the entire
information collection request at
www.reginfo.gov.
SUMMARY:

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SUPPLEMENTARY INFORMATION:

Alcohol and Tobacco Tax and Trade
Bureau (TTB)
Title: Marks on Equipment and
Structures (TTB REC 5130/3), and
Marks and Labels on Containers of Beer
(TTB REC 5130/4).
OMB Control Number: 1513–0086.
Type of Review: Extension without
change of a currently approved
collection.
Description: Under the authority of
chapter 51 of the Internal Revenue Code
of 1986, as amended (IRC, 26 U.S.C.
chapter 51), the Alcohol and Tobacco
Tax and Trade Bureau (TTB) regulations
in 27 CFR part 25, Beer, require brewers
to place certain marks, signs, and
measuring devices on their equipment
and structures, and to place certain
brands, labels, and marks on bulk and
consumer containers of beer and other
brewery products. The required
information allows TTB to identify the
use, capacity, and contents of brewery
equipment and structures, as well as
identify taxable brewery products and
the responsible taxpayer. As such, the
required information is necessary to
protect the revenue and ensure effective
administration of the IRC’s provisions
regarding brewery operations and
products. The required information also
allows other industry member and the
general public to identify the contents of

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bulk and consumer containers of beer
and other brewery products. However,
for the purposes of inventory control,
cost accounting, equipment utilization,
and product identification, TTB believes
the placement by brewers of the
required information on their
equipment and structures, and on their
bulk and consumers containers of beer
and other brewery products is a usual
and customary practice under taken
during the normal course of business,
regardless of any TTB regulatory
requirements to do so.
Form: None.
Affected Public: Businesses or other
for-profits.
Estimated Number of Respondents:
10,000.
Frequency of Response: On occasion.
Estimated Total Number of Annual
Responses: 10,000.
Estimated Time per Response: None.
There is no annual burden associated
with the usual and customary
placement by brewers of marks and
labels on brewery structures,
equipment, and product containers
during the normal course of business.
Estimated Total Annual Burden
Hours: Zero.
Authority: 44 U.S.C. 3501 et seq.
Dated: March 24, 2020.
Spencer W. Clark,
Treasury PRA Clearance Officer.
[FR Doc. 2020–06479 Filed 3–27–20; 8:45 am]
BILLING CODE 4810–31–P

DEPARTMENT OF THE TREASURY
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request; Multiple
Internal Revenue Service Information
Collection Requests
Departmental Offices, U.S.
Department of the Treasury.
ACTION: Notice.
AGENCY:

The Department of the
Treasury will submit the following
information collection requests to the
Office of Management and Budget
(OMB) for review and clearance in
accordance with the Paperwork
Reduction Act of 1995, on or after the
date of publication of this notice. The
public is invited to submit comments on
these requests.
DATES: Comments should be received on
or before April 29, 2020 to be assured
of consideration.
ADDRESSES: Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
SUMMARY:

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notice to www.reginfo.gov/public/do/
PRAMain. Find this particular
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function.
FOR FURTHER INFORMATION CONTACT:
Copies of the submissions may be
obtained from Spencer W. Clark by
emailing [email protected], calling
(202) 927–5331, or viewing the entire
information collection request at
www.reginfo.gov.
SUPPLEMENTARY INFORMATION:
Internal Revenue Service (IRS)
1. Title: Wage and Tax Statements W–
2/W–3 Series.
OMB Control Number: 1545–0008.
Type of Review: Extension without
change of a currently approved
collection.
Description: Section 6051 of the
Internal Revenue Code requires
employers to furnish income and
withholding statements to employees
and to the IRS. Employers report income
and withholding information on Form
W–2. Forms W–2AS, W–2GU, and W–
2VI are variations of the W–2 for use in
U.S. possessions. The W–3 series forms
transmit W–2 series forms to SSA for
processing. The W–2C and W–3C series
are used to correct previously filed
forms.
Form: W–2, W–2C, W–2AS, W–2GU,
W–2VI, W–3, W–3C, W–3CPR, W–3PR,
W–3SS.
Affected Public: Businesses or other
for-profits.
Estimated Number of Respondents:
254,230,608.
Frequency of Response: Annually.
Estimated Total Number of Annual
Responses: 254,230,608.
Estimated Time per Response: Varies
by form from 24–54 minutes.
Estimated Total Annual Burden
Hours: 126,988,903.
2. Title: Application to Adopt,
Change, or Retain a Tax Year (Form
1128).
OMB Control Number: 1545–0134.
Type of Review: Extension without
change of a currently approved
collection.
Description: Form 1128 is needed in
order to process taxpayers’ request to
change their tax year. All information
requested is used to determine whether
the application should be approved.
Form: 1128.
Affected Public: Estates, tax-exempt
organizations, and cooperatives.
Estimated Number of Respondents:
9,788.
Frequency of Response: On occasion.
Estimated Total Number of Annual
Responses: 9,788.

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lotter on DSKBCFDHB2PROD with NOTICES

Federal Register / Vol. 85, No. 61 / Monday, March 30, 2020 / Notices
Estimated Time per Response: 23
hours 43 minutes.
Estimated Total Annual Burden
Hours: 232,066.
3. Title: Application for Extension of
Time to File a Return and/or Pay U.S.
Estate (and Generation-Skipping
Transfer) Taxes.
OMB Control Number: 1545–0181.
Type of Review: Revision of a
currently approved collection.
Description: Form 4768 is used by
estates to request an extension of time
to file an estate (and GenerationSkipping Transfer) tax return and/or to
pay the estate (and GST) taxes and to
explain why the extension should be
granted. IRS uses the information to
decide whether the extension should be
granted.
Form: 4768.
Affected Public: Estates.
Estimated Number of Respondents:
18,500.
Frequency of Response: On occasion.
Estimated Total Number of Annual
Responses: 18,500.
Estimated Time per Response: 1 hour
10 minutes.
Estimated Total Annual Burden
Hours: 27,565.
4. Title: Information Returns with
respect to Energy Grants and Financing.
OMB Control Number: 1545–0232.
Type of Review: Extension without
change of a currently approved
collection.
Description: Section 6050D of the
Internal Revenue Code requires an
information return to be made by any
person who administers a Federal, state,
or local program providing nontaxable
grants or subsidized energy financing.
Form 6497 is used for making the
information return. The IRS uses the
information from the form to ensure that
recipients have not claimed tax credits
or other benefits with respect to the
grants or subsidized financing.
Form: 6497.
Affected Public: Businesses or other
for-profits.
Estimated Number of Respondents:
250.
Frequency of Response: Annually.
Estimated Total Number of Annual
Responses: 250.
Estimated Time per Response: 1 hour
15 minutes.
Estimated Total Annual Burden
Hours: 810.
5. Title: Gas Guzzler Tax.
OMB Control Number: 1545–0242.
Type of Review: Extension without
change of a currently approved
collection.
Description: Form 6197 is used to
compute the gas guzzler tax on
automobiles whose fuel economy does

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not meet certain standard for fuel
economy. The tax is reported quarterly
of Form 720. Form 6197 is filed each
quarter with Form 720 for
manufacturers. Individuals can make a
one-time filing if they import a gas
guzzler auto for personal use. The IRS
uses the information to verify
computation of the tax and compliance
with the law.
Form: 6197.
Affected Public: Businesses or other
for-profits.
Estimated Number of Respondents:
605.
Frequency of Response: On occasion.
Estimated Total Number of Annual
Responses: 605.
Estimated Time per Response: 7 hours
42 minutes.
Estimated Total Annual Burden
Hours: 4,659.
6. Title: Return for Nuclear
Decommissioning Funds and Certain
Related Persons.
OMB Control Number: 1545–0954.
Type of Review: Extension without
change of a currently approved
collection.
Description: A nuclear utility files
Form 1120–ND to report the income and
taxes of a fund set up by the public
utility to provide cash for the
dismantling of the nuclear power plant.
The IRS uses Form 1120–ND to
determine if the fund income taxes are
correctly computed and if a person
related to the fund or the nuclear utility
must pay taxes on self-dealing.
Form: 1120–ND.
Affected Public: Businesses or other
for-profits.
Estimated Number of Respondents:
100.
Frequency of Response: Annually.
Estimated Total Number of Annual
Responses: 100.
Estimated Time per Response: 32
hours 35 minutes.
Estimated Total Annual Burden
Hours: 3,259.
7. Title: Return of Excise Tax on
Undistributed Income of Real Estate
Investment Trusts.
OMB Control Number: 1545–1013.
Type of Review: Extension without
change of a currently approved
collection.
Description: Form 8612 is used by real
estate investment trusts to compute and
pay the excise tax on undistributed
income imposed under section 4981.
IRS uses the information to verify that
the correct amount of tax has been
reported.
Form: 8612.
Affected Public: Businesses or other
for-profits.
Estimated Number of Respondents:
20.

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Frequency of Response: On occasion.
Estimated Total Number of Annual
Responses: 20.
Estimated Time per Response: 9 hours
48 minutes.
Estimated Total Annual Burden
Hours: 196.
8. Title: Annual Certification of a
Qualified Residential Rental Project.
OMB Control Number: 1545–1038.
Type of Review: Extension without
change of a currently approved
collection.
Description: Operators of qualified
residential projects will use this form to
certify annually that their projects meet
the requirements of IRC section 142(d).
Operators are required to file this
certification under section 142(d)(7).
Operators must indicate on the form the
specific ‘‘set-aside’’ test the bond issuer
elected under 26 U.S.C. Section 142(d)
for the project period. They must also
indicate the percentage of low-income
units in the residential rental project.
Form: 8703.
Affected Public: Businesses or other
for-profits.
Estimated Number of Respondents:
6,000.
Frequency of Response: Annually.
Estimated Total Number of Annual
Responses: 6,000.
Estimated Time per Response: 12
hours 46 minutes.
Estimated Total Annual Burden
Hours: 76,620.
9. Title: U.S. Estate Tax Return for
Qualified Domestic Trusts.
OMB Control Number: 1545–1212.
Type of Review: Extension without
change of a currently approved
collection.
Description: Form 706–QDT is used
by the trustee or the designated filer to
compute and report the Federal estate
tax imposed on qualified domestic
trusts by C section 2056A. IRS uses the
information to enforce this tax and to
verify that the tax has been properly
computed.
Form: 706–QDT.
Affected Public: Estates.
Estimated Number of Respondents:
80.
Frequency of Response: Annually.
Estimated Total Number of Annual
Responses: 80.
Estimated Time per Response: 4 hours
28 minutes.
Estimated Total Annual Burden
Hours: 357.
10. Title: Proceeds of Bonds Used for
Reimbursement—FI–59–89 (TD 8394Final).
OMB Control Number: 1545–1226.
Type of Review: Extension without
change of a currently approved
collection.

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17620

Federal Register / Vol. 85, No. 61 / Monday, March 30, 2020 / Notices

Description: This regulation clarifies
when the allocation of bond proceeds to
reimburse expenditures previously
made by an issuer of the bond is treated
as an expenditure of the bond proceeds.
The issuer must express a reasonable
official intent, on or prior to the date of
payment, to reimburse the expenditure
in order to assure that the
reimbursement is not a device to evade
requirements imposed by the Internal
Revenue Code with respect to tax
exempt bonds.
Form: None.
Affected Public: State, Local and
Tribal Governments.
Estimated Number of Respondents:
2,500.
Frequency of Response: On occasion.
Estimated Total Number of Annual
Responses: 2,500.
Estimated Time per Response: 2 hours
24 minutes.
Estimated Total Annual Burden
Hours: 6,000.
Authority: 44 U.S.C. 3501 et seq.
Dated: March 25, 2020.
Spencer W. Clark,
Treasury PRA Clearance Officer.
[FR Doc. 2020–06581 Filed 3–27–20; 8:45 am]
BILLING CODE 4830–01–P

DEPARTMENT OF THE TREASURY
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request; Multiple
Bureau of the Fiscal Service
Information Collection Requests
Departmental Offices, U.S.
Department of the Treasury.
ACTION: Notice.
AGENCY:

The Department of the
Treasury will submit the following
information collection requests to the
Office of Management and Budget
(OMB) for review and clearance in
accordance with the Paperwork
Reduction Act of 1995, on or after the
date of publication of this notice. The
public is invited to submit comments on
these requests.
DATES: Comments should be received on
or before April 29, 2020 to be assured
of consideration.
ADDRESSES: Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice to www.reginfo.gov/public/do/
PRAMain. Find this particular
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function.

lotter on DSKBCFDHB2PROD with NOTICES

SUMMARY:

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FOR FURTHER INFORMATION CONTACT:

Copies of the submissions may be
obtained from Spencer W. Clark by
emailing [email protected], calling
(202) 927–5331, or viewing the entire
information collection request at
www.reginfo.gov.
SUPPLEMENTARY INFORMATION:

Bureau of the Fiscal Service (BFS)
1. Title: Special Bond of Indemnity by
Purchaser of United States Savings
Bonds/Notes Involved in a Chain Letter
Scheme.
OMB Control Number: 1530–0030.
Type of Review: Extension without
change of a currently approved
collection.
Description: The information is
requested to support a request for
refund of the purchase price of savings
bonds purchased in a chain letter
scheme.
Form: FS Form 2966.
Affected Public: Individuals and
households.
Estimated Number of Respondents:
240.
Frequency of Response: Once, On
Occasion.
Estimated Total Number of Annual
Responses: 240.
Estimated Time per Response: 8
minutes.
Estimated Total Annual Burden
Hours: 32.
2. Title: Agreement and Request for
Disposition of a Decedent’s Treasury
Securities.
OMB Control Number: 1530–0046.
Type of Review: Extension without
change of a currently approved
collection.
Description: The information is
necessary to distribute Treasury
securities and/or payments to the
entitled person(s) when the decedent’s
estate was formally administered
through the court and has been closed,
or the estate is being settled in
accordance with State statute without
the necessity of the court appointing a
legal representative.
Form: FS Form 5394.
Affected Public: Individuals and
households.
Estimated Number of Respondents:
18,500.
Frequency of Response: Once, On
Occasion.
Estimated Total Number of Annual
Responses: 18,500.
Estimated Time per Response: 30
minutes.
Estimated Total Annual Burden
Hours: 9,250.
3. Title: Offering of U.S. Mortgage
Guaranty Insurance Company Tax and
Loss Bonds.

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OMB Control Number: 1530–0051.
Type of Review: Extension without
change of a currently approved
collection.
Description: Chapter 31 of Title 31 of
the United States Code authorizes the
Secretary of the Treasury to prescribe
the terms and conditions, including the
form, of United States Treasury bonds,
notes and bills. The information
collected is essential to establish and
maintain Tax and Loss Bond accounts
(31 CFR part 343). This regulation
governs issues, reissues and
redemptions of Tax and Loss bonds. The
information requested will be used to
issue a Statement of Account to the
entity, establish issue and maturity
dates for the bonds, and provide
electronic payment routing instructions
for the proceeds.
Form: None.
Affected Public: Business or other forprofit.
Estimated Number of Respondents:
50.
Frequency of Response: On Occasion.
Estimated Total Number of Annual
Responses: 50.
Estimated Time per Response: 15
minutes.
Estimated Total Annual Burden
Hours: 13.
Authority: 44 U.S.C. 3501 et seq.
Dated: March 24, 2020.
Spencer W. Clark,
Treasury PRA Clearance Officer.
[FR Doc. 2020–06497 Filed 3–27–20; 8:45 am]
BILLING CODE 4810–AS–P

DEPARTMENT OF VETERANS
AFFAIRS
[OMB Control No. 2900–0539]

Agency Information Collection
Activity: Application for Supplemental
Service Disabled Veterans Insurance
Veterans Benefits
Administration, Department of Veterans
Affairs.
ACTION: Notice.
AGENCY:

The Veterans Benefits
Administration (VBA), 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 each proposed
extension of a currently approved
collection, and allow 60 days for public
comment in response to the notice.

SUMMARY:

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