81 FR 18943 - Submission for OMB Review; Comment Request

DEPARTMENT OF THE TREASURY

Federal Register Volume 81, Issue 63 (April 1, 2016)

Page Range		18943-18944
FR Document		2016-07437

Federal Register, Volume 81 Issue 63 (Friday, April 1, 2016)

[Federal Register Volume 81, Number 63 (Friday, April 1, 2016)]
[Notices]
[Pages 18943-18944]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-07437]


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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

March 28, 2016.
    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, Public Law 104-13, on or after the date of 
publication of this notice.

DATES: Comments should be received on or before May 2, 2016 to be 
assured of consideration.

ADDRESSES: Send comments regarding the burden estimates, or any other 
aspect of the information collections, including suggestions for 
reducing the burden, to (1) Office of Information and Regulatory 
Affairs, Office of Management and Budget, Attention: Desk Officer for 
Treasury, New Executive Office Building, Room 10235, Washington, DC 
20503, or email at [email protected] and (2) Treasury PRA 
Clearance Officer, 1750 Pennsylvania Ave. NW., Suite 8117, Washington, 
DC 20220, or email at [email protected].

FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be 
obtained by emailing [email protected], calling (202) 622-1295, or 
viewing the entire information collection request at www.reginfo.gov.

Internal Revenue Service (IRS)

    OMB Control Number: 1545-0115.
    Type of Review: Revision of a currently approved collection.
    Title: Form 1099 MISC--Miscellaneous Income.
    Abstract: Form 1099-MISC is used by payers to report payments of 
$600 or more of rent, prizes and awards, medical and health care 
payments, nonemployee compensation, and crop insurance proceeds, $10 or 
more of royalties, any amount of fishing boat proceeds, certain 
substitute payments, golden parachute payments, and an indication of 
direct sales of $5,000 or more.
    Estimated Total Annual Burden Hours: 26,907,070.
    OMB Control Number: 1545-1690.
    Type of Review: Extension of a currently approved collection.
    Title: Notice 2000-28, Coal Exports.
    Abstract: Notice 2000-28 provides guidance relating to the coal 
excise tax imposed by section 4121 of the Internal Revenue Code. The 
notice provides rules under the Code for making a nontaxable sale of 
coal for export or for obtaining a credit or refund when tax has been 
paid with respect to a nontaxable sale or coal for export.
    Estimated Total Annual Burden Hours: 400.
    OMB Control Number: 1545-1972.
    Type of Review: Revision of a currently approved collection.
    Title: Supplemental Income and Loss.
    Abstract: Schedule E (Form 1040) is used by individuals to report 
their supplemental income. The data is used to verify that the income 
reported on their tax return is correct.

[[Page 18944]]

    Estimated Total Annual Burden Hours: 5,665,800.
    OMB Control Number: 1545-1984.
    Type of Review: Extension of a currently approved collection.
    Title: Domestic Production Activities Deduction.
    Abstract: Section 102 of the American Jobs Creation Act of 2004 
(section 199 of the Internal Revenue Code), created a domestic 
production activities deduction for tax years beginning after December 
31, 2004. Taxpayers will use the Form 8903 and related instructions to 
calculate the deduction. The Form 8903 will be filed by corporations, 
individuals, partners (including partners of electing large 
partnerships), S corporation shareholders, beneficiaries of estates and 
trusts, cooperatives, and patrons of cooperatives.
    Estimated Total Annual Burden Hours: 7,398,000.
    OMB Control Number: 1545-1998.
    Type of Review: Revision of a currently approved collection.
    Title: Alternative Motor Vehicle Credit.
    Abstract: Taxpayers will file Form 8910 to claim the credit for 
certain alternative motor vehicles placed in service after 2005.
    Estimated Total Annual Burden Hours: 19,764.
    OMB Control Number: 1545-2145.
    Type of Review: Extension of a currently approved collection.
    Title: Notice 2009-52, Election of Investment Tax Credit in Lieu of 
Production Tax Credit; Coordination with Department of Treasury Grants 
for Specified Energy Property in Lieu of Tax Credits.
    Abstract: The notice provides a description of the procedures that 
taxpayers will be required to follow to make an irrevocable election to 
take the investment tax credit for energy property under section 48 of 
the Internal Revenue Code in lieu of the production tax credit under 
section 45 of the Internal Revenue Code.
    Estimated Total Annual Burden Hours: 100.
    OMB Control Number: 1545-2166.
    Type of Review: Extension of a currently approved collection.
    Title: Form 5316, Application for Group or Pooled Trust Ruling.
    Abstract: Group/pooled trust sponsors file this form to request a 
determination letter from the IRS for a determination that the trust is 
a group trust arrangement as described in Rev. Rul. 81-100, 1981-1 C.B. 
326, as modified and clarified by Rev. Rul. 2004-67, 2004-28 I.R.B.
    Estimated Total Annual Burden Hours: 3,800.

Brenda Simms,
Treasury PRA Clearance Officer.
[FR Doc. 2016-07437 Filed 3-31-16; 8:45 am]
BILLING CODE 4830-01-P

Federal Register / Vol. 81, No. 63 / Friday, April 1, 2016 / Notices 18943

Approved: March 28, 2016. Affected Public: Individuals or DATES: Comments should be received on
Sara Covington, households, and business or other for- or before May 2, 2016 to be assured of
Tax Analyst. profit organizations. consideration.
[FR Doc. 2016–07433 Filed 3–31–16; 8:45 am] Estimated Number of Respondents: ADDRESSES: Send comments regarding
BILLING CODE 4830–01–P
10,000. the burden estimates, or any other
Estimated Time per Respondent: 12 aspect of the information collections,
minutes. including suggestions for reducing the
DEPARTMENT OF THE TREASURY Estimated Total Annual Burden
burden, to (1) Office of Information and
Hours: 2,000.
The following paragraph applies to all Regulatory Affairs, Office of
Internal Revenue Service Management and Budget, Attention:
of the collections of information covered
by this notice: Desk Officer for Treasury, New
Proposed Collection; Comment
An agency may not conduct or Executive Office Building, Room 10235,
Request for Regulation Project
sponsor, and a person is not required to Washington, DC 20503, or email at
AGENCY: Internal Revenue Service (IRS), respond to, a collection of information OIRA_Submission@OMB.EOP.gov and
Treasury. unless the collection of information (2) Treasury PRA Clearance Officer,
ACTION: Notice and request for displays a valid OMB control number. 1750 Pennsylvania Ave. NW., Suite
comments. Books or records relating to a collection 8117, Washington, DC 20220, or email
of information must be retained as long at PRA@treasury.gov.
SUMMARY: The Department of the as their contents may become material FOR FURTHER INFORMATION CONTACT:
Treasury, as part of its continuing effort in the administration of any internal Copies of the submissions may be
to reduce paperwork and respondent revenue law. Generally, tax returns and obtained by emailing PRA@treasury.gov,
burden, invites the general public and tax return information are confidential, calling (202) 622–1295, or viewing the
other Federal agencies to take this as required by 26 U.S.C. 6103. entire information collection request at
opportunity to comment on proposed Request for Comments: Comments www.reginfo.gov.
and/or continuing information submitted in response to this notice will
collections, as required by the Internal Revenue Service (IRS)
be summarized and/or included in the
Paperwork Reduction Act of 1995, request for OMB approval. All OMB Control Number: 1545–0115.
Public Law 104–13 (44 U.S.C. comments will become a matter of Type of Review: Revision of a
3506(c)(2)(A)). Currently, the IRS is public record. Comments are invited on: currently approved collection.
soliciting comments concerning losses (a) Whether the collection of Title: Form 1099 MISC—
on small business stock. information is necessary for the proper Miscellaneous Income.
DATES: Written comments should be performance of the functions of the Abstract: Form 1099–MISC is used by
received on or before May 31, 2016 to agency, including whether the payers to report payments of $600 or
be assured of consideration. information shall have practical utility; more of rent, prizes and awards,
(b) the accuracy of the agency’s estimate medical and health care payments,
ADDRESSES: Direct all written comments
of the burden of the collection of nonemployee compensation, and crop
to Tuawana Pinkston, Internal Revenue
information; (c) ways to enhance the insurance proceeds, $10 or more of
Service, Room 6526, 1111 Constitution
quality, utility, and clarity of the royalties, any amount of fishing boat
Avenue NW., Washington, DC 20224.
information to be collected; (d) ways to proceeds, certain substitute payments,
FOR FURTHER INFORMATION CONTACT: golden parachute payments, and an
minimize the burden of the collection of
Requests for additional information or indication of direct sales of $5,000 or
information on respondents, including
copies of the regulation should be more.
through the use of automated collection
directed to Sara Covington, at Internal Estimated Total Annual Burden
techniques or other forms of information
Revenue Service, Room 6526, 1111 Hours: 26,907,070.
technology; and (e) estimates of capital
Constitution Avenue NW., Washington, OMB Control Number: 1545–1690.
or start-up costs and costs of operation,
DC 20224, or through the Internet, at Type of Review: Extension of a
maintenance, and purchase of services
Sara.L.Covington@irs.gov. currently approved collection.
to provide information.
SUPPLEMENTARY INFORMATION: Title: Notice 2000–28, Coal Exports.
Approved: March 24, 2016.
Title: Losses on Small Business Stock. Abstract: Notice 2000–28 provides
Sara Covington,
OMB Number: 1545–1447. guidance relating to the coal excise tax
Regulation Project Number: CO–46– Tax Analyst. imposed by section 4121 of the Internal
94; TD 8594. [FR Doc. 2016–07434 Filed 3–31–16; 8:45 am] Revenue Code. The notice provides
Abstract: Section 1.1244(e)–1(b) of the BILLING CODE 4830–01–P rules under the Code for making a
regulation requires that a taxpayer nontaxable sale of coal for export or for
claiming an ordinary loss with respect obtaining a credit or refund when tax
to section 1244 stock must have records DEPARTMENT OF THE TREASURY has been paid with respect to a
sufficient to establish that the taxpayer Submission for OMB Review; nontaxable sale or coal for export.
satisfies the requirements of section Comment Request Estimated Total Annual Burden
1244 and is entitled to the loss. The Hours: 400.
records are necessary to enable the March 28, 2016. OMB Control Number: 1545–1972.
asabaliauskas on DSK3SPTVN1PROD with NOTICES

Service examiner to verify that the stock The Department of the Treasury will Type of Review: Revision of a
qualifies as section 1244 stock and to submit the following information currently approved collection.
determine whether the taxpayer is collection requests to the Office of Title: Supplemental Income and Loss.
entitled to the loss. Management and Budget (OMB) for Abstract: Schedule E (Form 1040) is
Current Actions: There is no change to review and clearance in accordance used by individuals to report their
this existing regulation. with the Paperwork Reduction Act of supplemental income. The data is used
Type of Review: Extension of a 1995, Public Law 104–13, on or after the to verify that the income reported on
currently approved collection. date of publication of this notice. their tax return is correct.

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18944 Federal Register / Vol. 81, No. 63 / Friday, April 1, 2016 / Notices

Estimated Total Annual Burden Estimated Total Annual Burden OMB Number: 1513–0012.
Hours: 5,665,800. Hours: 3,800. Type of Review: Revision of a
OMB Control Number: 1545–1984. currently approved collection.
Brenda Simms,
Type of Review: Extension of a Title: User’s Report of Denatured
Treasury PRA Clearance Officer. Spirits.
currently approved collection.
Title: Domestic Production Activities [FR Doc. 2016–07437 Filed 3–31–16; 8:45 am] Abstract: The information collected
Deduction. BILLING CODE 4830–01–P on TTB F 5150.18 summarizes the
Abstract: Section 102 of the American activities of a permit holder regarding
Jobs Creation Act of 2004 (section 199 the use of denatured spirits. In order to
of the Internal Revenue Code), created a DEPARTMENT OF THE TREASURY protect the revenue and ensure that
domestic production activities permit holders lawfully operate, TTB
Submission for OMB Review;
deduction for tax years beginning after examines and verifies the information
Comment Request
December 31, 2004. Taxpayers will use collected on this report to identify
the Form 8903 and related instructions March 28, 2016. unusual activities, errors, and omissions
to calculate the deduction. The Form The Department of the Treasury will regarding the use of denatured spirits.
8903 will be filed by corporations, submit the following information Estimated Total Annual Burden
individuals, partners (including collection requests to the Office of Hours: 1,073.
partners of electing large partnerships), Management and Budget (OMB) for OMB Number: 1513–0024.
S corporation shareholders, review and clearance in accordance Type of Review: Revision of a
beneficiaries of estates and trusts, with the Paperwork Reduction Act of currently approved collection.
cooperatives, and patrons of 1995, Public Law 104–13, on or after the Title: Report—Export Warehouse
cooperatives. date of publication of this notice. Proprietor.
Estimated Total Annual Burden DATES: Comments should be received on Abstract: As authorized by 26 U.S.C.
Hours: 7,398,000. or before May 2, 2016 to be assured of 5722, export warehouse proprietors use
OMB Control Number: 1545–1998. consideration. TTB F 5220.4 to account for receipt,
Type of Review: Revision of a ADDRESSES: Send comments regarding storage, and disposition of processed
currently approved collection. the burden estimates, or any other tobacco and taxable tobacco products,
Title: Alternative Motor Vehicle aspect of the information collections, cigarette papers, and cigarette tubes.
Credit. including suggestions for reducing the TTB uses this information to protect the
Abstract: Taxpayers will file Form burden, to (1) Office of Information and revenue by detecting and preventing
8910 to claim the credit for certain Regulatory Affairs, Office of diversion of products intended for
alternative motor vehicles placed in Management and Budget, Attention: export and to ensure compliance with
service after 2005. Desk Officer for Treasury, New Federal laws and regulations relating to
Estimated Total Annual Burden Executive Office Building, Room 10235, the removal of tobacco products,
Hours: 19,764. Washington, DC 20503, or email at cigarette papers, and cigarette tubes for
OMB Control Number: 1545–2145. OIRA_Submission@OMB.EOP.gov and export, which is tax-exempt.
Type of Review: Extension of a (2) Treasury PRA Clearance Officer, Estimated Total Annual Burden
currently approved collection. 1750 Pennsylvania Ave. NW., Suite Hours: 984.
Title: Notice 2009–52, Election of 8117, Washington, DC 20220, or email OMB Number: 1513–0029.
Investment Tax Credit in Lieu of at PRA@treasury.gov. Type of Review: Revision of a
Production Tax Credit; Coordination FOR FURTHER INFORMATION CONTACT: currently approved collection.
with Department of Treasury Grants for Copies of the submissions may be Title: Certificate of Tax
Specified Energy Property in Lieu of obtained by emailing PRA@treasury.gov, Determination—Wine.
Tax Credits. calling (202) 622–1295, or viewing the Abstract: The information collected
Abstract: The notice provides a entire information collection request at on TTB F 5120.20 supports an
description of the procedures that www.reginfo.gov. exporter’s claim for drawback of the
taxpayers will be required to follow to Federal excise tax on wine by requiring
SUPPLEMENTARY INFORMATION:
make an irrevocable election to take the the exporter to obtain the producer’s or
investment tax credit for energy Alcohol and Tobacco Tax and Trade bottler’s certification that the tax has
property under section 48 of the Internal Bureau (TTB) been paid or determined on a specified
Revenue Code in lieu of the production OMB Number: 1513–0011. amount and type of wine that contains
tax credit under section 45 of the Type of Review: Revision of a a specified amount of alcohol by
Internal Revenue Code. currently approved collection. volume.
Estimated Total Annual Burden Title: Formula and/or Process For Estimated Total Annual Burden
Hours: 100. Article Made With Specially Denatured Hours: 500.
OMB Control Number: 1545–2166. Spirits. OMB Number: 1513–0038.
Type of Review: Extension of a Abstract: Form TTB F 5150.19 is Type of Review: Extension of a
currently approved collection. completed by persons who use specially currently approved collection.
Title: Form 5316, Application for denatured spirits in the manufacture of Title: Application for Transfer of
Group or Pooled Trust Ruling. certain articles. TTB uses the Spirits and/or Denatured Spirits in
asabaliauskas on DSK3SPTVN1PROD with NOTICES

Abstract: Group/pooled trust sponsors information provided on the form to Bond.
file this form to request a determination ensure that the manufacturing formulas Abstract: TTB F 5100.16 is completed
letter from the IRS for a determination and processes for an article conform to by distilled spirits plant proprietors
that the trust is a group trust the requirements of 26 U.S.C. 5273 who wish to receive spirits in bond from
arrangement as described in Rev. Rul. regarding the sale, use, and recovery of other distilled spirits plants. The
81–100, 1981–1 C.B. 326, as modified denatured distilled spirits. proprietor of the receiving distilled
and clarified by Rev. Rul. 2004–67, Estimated Total Annual Burden spirits plant becomes liable for the
2004–28 I.R.B. Hours: 827. Federal excise tax on the spirits

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Document Created: 2016-04-06 00:08:47
Document Modified: 2016-04-06 00:08:47

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
Dates		Comments should be received on or before May 2, 2016 to be assured of consideration.
Contact		Copies of the submissions may be obtained by emailing [email protected], calling (202) 622-1295, or viewing the entire information collection request at www.reginfo.gov.
FR Citation		81 FR 18943