80 FR 64507 - Proposed Collection; Comment Request for Forms 5498-QA and 1099-QA
DEPARTMENT OF THE TREASURY
Internal Revenue Service Federal Register Volume 80, Issue 205 (October 23, 2015)
Internal Revenue Service
Federal Register Volume 80, Issue 205 (October 23, 2015)
| Page Range | 64507-64507 | |
| FR Document | 2015-26921 |
[Federal Register Volume 80, Number 205 (Friday, October 23, 2015)] [Notices] [Page 64507] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2015-26921] [[Page 64507]] ----------------------------------------------------------------------- DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Forms 5498-QA and 1099- QA AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. ----------------------------------------------------------------------- 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 Form 5498-QA, ABLE Account Contribution Information, and Form 1099-QA, Distributions from ABLE Accounts. DATES: Written comments should be received on or before December 22, 2015 to be assured of consideration. ADDRESSES: Direct all written comments to Elaine Christophe, 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 Allan Hopkins, at Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington, DC 20224, or through the internet, at [email protected]. SUPPLEMENTARY INFORMATION: Title: ABLE Account Contribution Information; Distributions from ABLE Accounts. OMB Number: 1545-2262. Form Numbers: 5498-QA; 1099-QA. Abstract: Form 5498-QA, ABLE Account Contributions Information. Public Law 113-295, ABLE Act of 2014 allows individuals and families to set money aside in this special account for the purpose of supporting individuals with disabilities to maintain health, independence, and quality of life, without impacting eligibility for other social service financial assistance programs such as Medicaid. Form 1099-QA allows these individuals and families to draw from the special account. Current Actions: There are no changes being made to the forms at this time. Type of Review: Extension of a currently approved collection. Affected Public: Individuals or households. Estimated Number of Respondents: 20,000. Estimated Time per Respondent: 11 min. Estimated Total Annual Burden Hours: 3,600. 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: October 13, 2015. Elaine Christophe, IRS Reports Clearance Officer. [FR Doc. 2015-26921 Filed 10-22-15; 8:45 am] BILLING CODE 4830-01-P
![Federal Register / Vol. 80, No. 205 / Friday, October 23, 2015 / Notices 64507
DEPARTMENT OF THE TREASURY Estimated Number of Respondents: the Paperwork Reduction Act of 1995,
20,000. Public Law 104–13 (44 U.S.C.
Internal Revenue Service Estimated Time per Respondent: 11 3506(c)(2)(A)). Currently, the Office of
min. Investment Security, within the
Proposed Collection; Comment Estimated Total Annual Burden Department of the Treasury, is soliciting
Request for Forms 5498–QA and 1099– Hours: 3,600. comments concerning the information
QA The following paragraph applies to all collection provisions of the Regulations
of the collections of information covered Pertaining to Mergers, Acquisitions and
AGENCY: Internal Revenue Service (IRS),
by this notice: Takeovers by Foreign Persons, 31 CFR
Treasury. An agency may not conduct or
ACTION: Notice and request for 800.402.
sponsor, and a person is not required to
comments. respond to, a collection of information DATES: Written comments must be
unless the collection of information received on or before December 22, 2015
SUMMARY: The Department of the to be assured of consideration.
Treasury, as part of its continuing effort displays a valid OMB control number.
Books or records relating to a collection ADDRESSES: Direct all written comments
to reduce paperwork and respondent
burden, invites the general public and of information must be retained as long to Stephen Hanson, Director, Office of
other Federal agencies to take this as their contents may become material Investment Security, Department of the
opportunity to comment on proposed in the administration of any internal Treasury, 1500 Pennsylvania Avenue
and/or continuing information revenue law. Generally, tax returns and NW., Room 5221, Washington, DC
collections, as required by the tax return information are confidential, 20220; CFIUS@treasury.gov.
Paperwork Reduction Act of 1995, as required by 26 U.S.C. 6103. FOR FURTHER INFORMATION CONTACT:
Public Law 104–13(44 U.S.C. Request for Comments: Comments Requests for additional information
3506(c)(2)(A)). Currently, the IRS is submitted in response to this notice will should be directed to Justin Huff, Office
soliciting comments concerning Form be summarized and/or included in the of Investment Security, Department of
5498–QA, ABLE Account Contribution request for OMB approval. All the Treasury, 1500 Pennsylvania
Information, and Form 1099–QA, comments will become a matter of Avenue NW., Washington, DC 20220;
Distributions from ABLE Accounts. public record. Comments are invited on: (202) 622–6133.
(a) Whether the collection of
DATES: Written comments should be SUPPLEMENTARY INFORMATION:
information is necessary for the proper
received on or before December 22, 2015 OMB Number: 1505–0121.
performance of the functions of the
to be assured of consideration. Title: Regulations Pertaining to
agency, including whether the
ADDRESSES: Direct all written comments Mergers, Acquisitions and Takeovers by
information shall have practical utility;
to Elaine Christophe, Internal Revenue Foreign Persons.
(b) the accuracy of the agency’s estimate
Service, Room 6129, 1111 Constitution Abstract: The information request in
of the burden of the collection of
Avenue NW., Washington, DC 20224. this proposed collection is contained in
information; (c) ways to enhance the
FOR FURTHER INFORMATION CONTACT: 31 CFR 800.402. The information
quality, utility, and clarity of the
Requests for additional information or collected under these regulations is
information to be collected; (d) ways to
copies of the form and instructions used by the Committee on Foreign
minimize the burden of the collection of
should be directed to Allan Hopkins, at Investment in the United States
information on respondents, including
Internal Revenue Service, Room 6129, (CFIUS), an inter-agency committee
through the use of automated collection
1111 Constitution Avenue NW., chaired by the Secretary of the Treasury
techniques or other forms of information
Washington, DC 20224, or through the and comprised of the Secretaries of
technology; and (e) estimates of capital
internet, at Allan.M.Hopkins@irs.gov. State, Defense, Treasury, Commerce,
or start-up costs and costs of operation,
SUPPLEMENTARY INFORMATION:
Homeland Security, Energy, and Labor;
maintenance, and purchase of services
Title: ABLE Account Contribution the Attorney General; the U.S. Trade
to provide information.
Information; Distributions from ABLE Representative; and the Directors of
Approved: October 13, 2015. National Intelligence and the Office of
Accounts.
Elaine Christophe, Science and Technology Policy. CFIUS,
OMB Number: 1545–2262. Form
Numbers: 5498–QA; 1099–QA. IRS Reports Clearance Officer. on behalf of the President, is authorized
Abstract: Form 5498–QA, ABLE [FR Doc. 2015–26921 Filed 10–22–15; 8:45 am] under section 721 of the Defense
Account Contributions Information. BILLING CODE 4830–01–P Production Act of 1950 to conduct
Public Law 113–295, ABLE Act of 2014 reviews to determine the effects on the
allows individuals and families to set national security of transactions
money aside in this special account for DEPARTMENT OF THE TREASURY proposed or pending after the date of
the purpose of supporting individuals enactment (August 23, 1988) by or with
Proposed Collection; Comment foreign persons that could result in
with disabilities to maintain health,
Request; Office of Investment Security foreign control of any person engaged in
independence, and quality of life,
without impacting eligibility for other AGENCY: Departmental Offices, interstate commerce in the United States
social service financial assistance Department of the Treasury. (‘‘covered transactions’’).
programs such as Medicaid. Form 1099– ACTION: Notice and request for
Current Actions: Revision of a
QA allows these individuals and comments. currently approved collection.
mstockstill on DSK4VPTVN1PROD with NOTICES
families to draw from the special Affected Public: Parties to mergers,
account. SUMMARY: The Department of the acquisitions, and takeovers of U.S
Current Actions: There are no changes Treasury, as part of its continuing effort businesses.
being made to the forms at this time. to reduce paperwork and respondent Estimated Number of Responses: 130.
Type of Review: Extension of a burden, invites the general public and Estimated Time per Respondent: This
currently approved collection. other Federal agencies to take this varies, depending on individual
Affected Public: Individuals or opportunity to comment on continuing circumstances, with an average of 116
households. information collections, as required by hours.
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Document Created: 2015-12-14 15:32:14
Document Modified: 2015-12-14 15:32:14
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
| Publisher | Office of the Federal Register, National Archives and Records Administration | |
| Section | Notices | |
| Action | Notice and request for comments. | |
| Dates | Written comments should be received on or before December 22, 2015 to be assured of consideration. | |
| Contact | Requests for additional information or copies of the form and instructions should be directed to Allan Hopkins, at Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington, DC 20224, or through the internet, at [email protected] | |
| FR Citation | 80 FR 64507 |
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