80_FR_26232 80 FR 26145 - Proposed Collection; Comment Request for Form 1098-C

80 FR 26145 - Proposed Collection; Comment Request for Form 1098-C

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 80, Issue 87 (May 6, 2015)

Page Range26145-26145
FR Document2015-10598

The Department of the Treasury, 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, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning Contributions of Motor Vehicles, Boats, and Airplanes.

Federal Register, Volume 80 Issue 87 (Wednesday, May 6, 2015) 
[Federal Register Volume 80, Number 87 (Wednesday, May 6, 2015)]
[Notices]
[Page 26145]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-10598]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 1098-C

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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SUMMARY: The Department of the Treasury, 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, Public Law 104-13 (44 U.S.C. 
3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning 
Contributions of Motor Vehicles, Boats, and Airplanes.

DATES: Written comments should be received on or before July 6, 2015 to 
be assured of consideration.

ADDRESSES: Direct all written comments to Christie Preston, Internal 
Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington, 
DC 20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the form and instructions should be directed to Kerry Dennis, 
at Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW., 
Washington, DC 20224, or through the internet at [email protected].

SUPPLEMENTARY INFORMATION:
    Title: Contributions of Motor Vehicles, Boats, and Airplanes.
    OMB Number: 1545-1959.
    Form Number: 1098-C.
    Abstract: Section 884 of the American Jobs Creation Act of 2004 
(Pub. L. 108-357) added new paragraph 12 to section 170(f) for 
contributions of used motor vehicles, boats, and airplanes. Section 
170(f)(12) requires that a donee organization provide an 
acknowledgement to the donor of this type of property and is required 
to file the same information to the Internal Revenue Service. 1098-C 
may be used as the acknowledgement and it, or an acceptable substitute, 
must be filed with the IRS.
    Current Actions: The department has added a box, 2a, to form 1098-C 
for collection of Odometer mileage data. In addition, the Department 
estimates an increase of responses based on its most recent data on 
Form 1098-C filings, from 5,000 to 151,000. The addition of box 2a and 
the estimated increase in the number of responses will increase the 
estimated annual burden hours from 1,500 to 46,810. There is an 
increase in the paperwork burden previously approved by OMB.
    Type of Review: Revision of a currently approved collection.
    Affected Public: Individuals and Households, Businesses and other 
for-profit organizations.
    Estimated Number of Respondents: 151,000.
    Estimated Time per Respondent: 18 minutes.
    Estimated Total Annual Burden Hours: 46,810.
    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: April 27, 2015.
Christie Preston,
IRS Reports Clearance Officer.
[FR Doc. 2015-10598 Filed 5-5-15; 8:45 am]
 BILLING CODE 4830-01-P

Federal Register / Vol. 80, No. 87 / Wednesday, May 6, 2015 / Notices 26145 OMB Number: 1545–0430. Approved: April 27, 2015. collection of Odometer mileage data. In Form Number: 4810. Christie Preston, addition, the Department estimates an IRS Reports Clearance Officer. increase of responses based on its most Abstract: Fiduciaries representing a recent data on Form 1098–C filings, [FR Doc. 2015–10599 Filed 5–5–15; 8:45 am] dissolving corporation or a decedent’s from 5,000 to 151,000. The addition of BILLING CODE 4830–01–P estate may request a prompt assessment box 2a and the estimated increase in the of tax under Internal Revenue Code number of responses will increase the section 6501(d). Form 4810 is used to DEPARTMENT OF THE TREASURY estimated annual burden hours from help locate the return and expedite the 1,500 to 46,810. There is an increase in processing of the taxpayer’s request. Internal Revenue Service the paperwork burden previously Current Actions: There is no change approved by OMB. in the paperwork burden previously Proposed Collection; Comment Type of Review: Revision of a approved by OMB. This form is being Request for Form 1098–C currently approved collection. submitted for renewal purposes only. AGENCY: Internal Revenue Service (IRS), Affected Public: Individuals and Type of Review: Extension of a Treasury. Households, Businesses and other for- currently approved collection. ACTION: Notice and request for profit organizations. comments. Estimated Number of Respondents: Affected Public: Individuals or 151,000. households, business or other for-profit SUMMARY: The Department of the Estimated Time per Respondent: 18 organizations, farms, and the Federal Treasury, as part of its continuing effort minutes. government. to reduce paperwork and respondent Estimated Total Annual Burden Estimated Number of Respondents: burden, invites the general public and Hours: 46,810. 4,000. other Federal agencies to take this The following paragraph applies to all opportunity to comment on proposed of the collections of information covered Estimated Time per Respondent: 30 and/or continuing information by this notice: minutes. collections, as required by the An agency may not conduct or Estimated Total Annual Burden Paperwork Reduction Act of 1995, sponsor, and a person is not required to Hours: 24,800. Public Law 104–13 (44 U.S.C. respond to, a collection of information The following paragraph applies to all 3506(c)(2)(A)). Currently, the IRS is unless the collection of information of the collections of information covered soliciting comments concerning displays a valid OMB control number. by this notice: Contributions of Motor Vehicles, Boats, Books or records relating to a collection and Airplanes. of information must be retained as long An agency may not conduct or DATES: Written comments should be as their contents may become material sponsor, and a person is not required to respond to, a collection of information received on or before July 6, 2015 to be in the administration of any internal unless the collection of information assured of consideration. revenue law. Generally, tax returns and displays a valid OMB control number. ADDRESSES: Direct all written comments tax return information are confidential, Books or records relating to a collection to Christie Preston, Internal Revenue as required by 26 U.S.C. 6103. of information must be retained as long Service, Room 6129, 1111 Constitution Request for Comments: Comments as their contents may become material Avenue NW., Washington, DC 20224. submitted in response to this notice will in the administration of any internal FOR FURTHER INFORMATION CONTACT: be summarized and/or included in the revenue law. Generally, tax returns and Requests for additional information or request for OMB approval. All tax return information are confidential, copies of the form and instructions comments will become a matter of as required by 26 U.S.C. 6103. should be directed to Kerry Dennis, at public record. Internal Revenue Service, Room 6129, Comments are invited on: (a) Whether Request for Comments: Comments 1111 Constitution Avenue NW., the collection of information is submitted in response to this notice will Washington, DC 20224, or through the necessary for the proper performance of be summarized and/or included in the internet at Kerry.Dennis@irs.gov. the functions of the agency, including request for OMB approval. All SUPPLEMENTARY INFORMATION: whether the information shall have comments will become a matter of Title: Contributions of Motor practical utility; (b) the accuracy of the public record. Comments are invited on: Vehicles, Boats, and Airplanes. agency’s estimate of the burden of the (a) Whether the collection of OMB Number: 1545–1959. collection of information; (c) ways to information is necessary for the proper Form Number: 1098–C. enhance the quality, utility, and clarity performance of the functions of the Abstract: Section 884 of the American of the information to be collected; (d) agency, including whether the Jobs Creation Act of 2004 (Pub. L. 108– ways to minimize the burden of the information shall have practical utility; 357) added new paragraph 12 to section collection of information on (b) the accuracy of the agency’s estimate 170(f) for contributions of used motor respondents, including through the use of the burden of the collection of vehicles, boats, and airplanes. Section of automated collection techniques or information; (c) ways to enhance the 170(f)(12) requires that a donee other forms of information technology; quality, utility, and clarity of the organization provide an and (e) estimates of capital or start-up information to be collected; (d) ways to acknowledgement to the donor of this costs and costs of operation, minimize the burden of the collection of type of property and is required to file maintenance, and purchase of services tkelley on DSK3SPTVN1PROD with NOTICES information on respondents, including the same information to the Internal to provide information. through the use of automated collection Revenue Service. 1098–C may be used techniques or other forms of information Approved: April 27, 2015. as the acknowledgement and it, or an technology; and (e) estimates of capital acceptable substitute, must be filed with Christie Preston, or start-up costs and costs of operation, the IRS. IRS Reports Clearance Officer. maintenance, and purchase of services Current Actions: The department has [FR Doc. 2015–10598 Filed 5–5–15; 8:45 am] to provide information. added a box, 2a, to form 1098–C for BILLING CODE 4830–01–P VerDate Sep<11>2014 18:43 May 05, 2015 Jkt 235001 PO 00000 Frm 00151 Fmt 4703 Sfmt 9990 E:\FR\FM\06MYN1.SGM 06MYN1


Document Created: 2015-12-16 07:41:49
Document Modified: 2015-12-16 07:41:49
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice and request for comments.
DatesWritten comments should be received on or before July 6, 2015 to be assured of consideration.
ContactRequests for additional information or copies of the form and instructions should be directed to Kerry Dennis, at Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington, DC 20224, or through the internet at [email protected]
FR Citation80 FR 26145 
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