81_FR_20120 81 FR 20054 - Proposed Collection; Comment Request for Form 8582-CR

81 FR 20054 - Proposed Collection; Comment Request for Form 8582-CR

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 81, Issue 66 (April 6, 2016)

Page Range20054-20055
FR Document2016-07822

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 8582-CR, Passive Activity Credit Limitations.

Federal Register, Volume 81 Issue 66 (Wednesday, April 6, 2016) 
[Federal Register Volume 81, Number 66 (Wednesday, April 6, 2016)]
[Notices]
[Pages 20054-20055]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-07822]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 8582-CR

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 8582-CR, Passive Activity Credit Limitations.

DATES: Written comments should be received on or before June 6, 2016 to 
be assured of consideration.

ADDRESSES: Direct all written comments to Tuawana Pinkston, Internal 
Revenue Service, Room 6526, 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: Passive Activity Credit Limitations.
    OMB Number: 1545-1034.
    Form Number: 8582-CR.
    Abstract: Under Internal Revenue Code section 469, credits from 
passive activities, to the extent they do not exceed the tax 
attributable to net passive income, are not allowed, Form 8582-CR is 
used to figure the passive activity credit allowed and the amount of 
credit to be reported on the tax return.
    Current Actions: There are no changes being made to the form at 
this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Individuals or households, business or other for-
profit organizations, and farms.
    Estimated Number of Respondents: 300,000.
    Estimated Time per Respondent: 14 hr., 53 min.
    Estimated Total Annual Burden Hours: 2,370,600.
    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,

[[Page 20055]]

maintenance, and purchase of services to provide information.

    Approved: March 30, 2016.
Allan Hopkins,
Tax Analyst.
[FR Doc. 2016-07822 Filed 4-5-16; 8:45 am]
 BILLING CODE 4830-01-P

20054 Federal Register / Vol. 81, No. 66 / Wednesday, April 6, 2016 / Notices information the regulatory text intends NHTSA notes that the statutory should be directed to Allan Hopkins, at to be conveyed. provisions (49 U.S.C. 30118(d) and Internal Revenue Service, Room 6129, JLG has additionally informed 30120(h)) that permit manufacturers to 1111 Constitution Avenue NW., NHTSA that it has corrected the file petitions for a determination of Washington, DC 20224, or through the noncompliance so that all future inconsequentiality allow NHTSA to internet at Allan.M.Hopkins@irs.gov. production trailer Tire and Loading exempt manufacturers only from the SUPPLEMENTARY INFORMATION: Information labels will comply with duties found in sections 30118 and Title: Passive Activity Credit FMVSS No. 110. 30120, respectively, to notify owners, Limitations. In summation, JLG believes that the purchasers, and dealers of a defect or OMB Number: 1545–1034. described noncompliance of the subject noncompliance and to remedy the Form Number: 8582–CR. trailers is inconsequential to motor defect or noncompliance. Therefore, this Abstract: Under Internal Revenue vehicle safety, and that its petition, to decision only applies to the subject Code section 469, credits from passive exempt JLG from providing recall trailers that JLG no longer controlled at activities, to the extent they do not notification of noncompliance as the time it determined that the exceed the tax attributable to net passive required by 49 U.S.C. 30118 and noncompliance existed. However, the income, are not allowed, Form 8582–CR remedying the recall noncompliance as granting of this petition does not relieve is used to figure the passive activity required by 49 U.S.C. 30120 should be vehicle distributors and dealers of the credit allowed and the amount of credit granted. prohibitions on the sale, offer for sale, to be reported on the tax return. or introduction or delivery for Current Actions: There are no changes NHTSA’S Decision introduction into interstate commerce of being made to the form at this time. NHTSA’s Analysis: NHTSA has the noncompliant trailers under their Type of Review: Extension of a reviewed JLG’s analyses and control after JLG notified them that the currently approved collection. justification for an inconsequential subject noncompliance existed. Affected Public: Individuals or noncompliance determination for the Authority: 49 U.S.C. 30118, 30120: households, business or other for-profit affected 2940 utility trailers with Delegations of authority at 49 CFR 1.95 and organizations, and farms. incorrect wording on the Tire and 501.8. Estimated Number of Respondents: Loading Information placard. Jeffrey M. Giuseppe, 300,000. Specifically, the required wording ‘‘The Director, Office of Vehicle Safety Compliance. Estimated Time per Respondent: 14 weight of the cargo should never exceed hr., 53 min. [FR Doc. 2016–07872 Filed 4–5–16; 8:45 am] XXXX kg or XXXX lbs.’’ is replaced Estimated Total Annual Burden BILLING CODE 4910–59–P with ‘‘Max. Load Capacity XXXX lbs.’’ Hours: 2,370,600. on a separate label placed in the vicinity The following paragraph applies to all of the Tire and Loading Information of the collections of information covered placard. The wording of these two labels DEPARTMENT OF THE TREASURY by this notice: as described below have an equivalent An agency may not conduct or Internal Revenue Service meaning and as such there is little to no sponsor, and a person is not required to risk to motor vehicle safety. The cargo Proposed Collection; Comment respond to, a collection of information capacity statement or ‘‘vehicle capacity Request for Form 8582–CR unless the collection of information weight’’ statement required by FMVSS displays a valid OMB control number. No. 110 is defined as ‘‘the rated cargo AGENCY: Internal Revenue Service (IRS), Books or records relating to a collection and luggage load plus 68 kilograms Treasury. of information must be retained as long times the vehicle’s designated seating ACTION: Notice and request for as their contents may become material capacity.’’ As these trailers do not carry comments. in the administration of any internal passengers and therefore have no revenue law. Generally, tax returns and SUMMARY: The Department of the designated seating positions, the tax return information are confidential, Treasury, as part of its continuing effort maximum load capacity for the trailer as as required by 26 U.S.C. 6103. to reduce paperwork and respondent specified on the JLG trailer label is Request for Comments: Comments burden, invites the general public and functionally equivalent to the cargo submitted in response to this notice will other Federal agencies to take this capacity value that should be specified be summarized and/or included in the opportunity to comment on proposed on the FMVSS No. 110 placard. There request for OMB approval. All and/or continuing information is no confusion for the trailer user as to comments will become a matter of collections, as required by the the weight that can be carried on the public record. Comments are invited on: Paperwork Reduction Act of 1995, trailer. In addition, the absence of the (a) Whether the collection of Public Law 104–13 (44 U.S.C. loading information in kilograms is not information is necessary for the proper 3506(c)(2)(A)). Currently, the IRS is likely to be problematic for users of performance of the functions of the soliciting comments concerning Form these trailers. agency, including whether the 8582–CR, Passive Activity Credit NHTSA’s Decision: In consideration Limitations. information shall have practical utility; of the foregoing, NHTSA finds that JLG (b) the accuracy of the agency’s estimate has met its burden of persuasion that DATES: Written comments should be of the burden of the collection of the subject FMVSS No. 110 received on or before June 6, 2016 to be information; (c) ways to enhance the asabaliauskas on DSK3SPTVN1PROD with NOTICES noncompliance in the affected vehicles assured of consideration. quality, utility, and clarity of the is inconsequential to motor vehicle ADDRESSES: Direct all written comments information to be collected; (d) ways to safety. Accordingly, JLG’s petition is to Tuawana Pinkston, Internal Revenue minimize the burden of the collection of hereby granted and JLG is consequently Service, Room 6526, 1111 Constitution information on respondents, including exempted from the obligation of Avenue NW., Washington, DC 20224. through the use of automated collection providing notification of, and a free FOR FURTHER INFORMATION CONTACT: techniques or other forms of information remedy for, that noncompliance under Requests for additional information or technology; and (e) estimates of capital 49 U.S.C. 30118 and 30120. copies of the form and instructions or start-up costs and costs of operation, VerDate Sep<11>2014 17:54 Apr 05, 2016 Jkt 238001 PO 00000 Frm 00104 Fmt 4703 Sfmt 4703 E:\FR\FM\06APN1.SGM 06APN1

Federal Register / Vol. 81, No. 66 / Wednesday, April 6, 2016 / Notices 20055 maintenance, and purchase of services (8) Federal grantees may not use SUPPLEMENTARY INFORMATION: The to provide information. Federal funds to develop Challenge Advisory Committee on Cemeteries and Approved: March 30, 2016. applications unless consistent with the Memorials (ACCM) was established Allan Hopkins, purpose of their grant award. pursuant to 38 U.S.C. 2401 to advise the (9) Federal contractors may not use Secretary of VA with respect to the Tax Analyst. Federal funds from a contract to develop administration of VA national [FR Doc. 2016–07822 Filed 4–5–16; 8:45 am] Challenge applications or to fund efforts cemeteries, soldiers’ lots and plots, BILLING CODE 4830–01–P in support of a Challenge submission. which are the responsibility of the Dated: April 1, 2016. Secretary, the erection of appropriate Martin V. Franks, memorials and the adequacy of Federal DEPARTMENT OF THE TREASURY Chief, Publications and Regulations Branch, burial benefits. The Committee Internal Revenue Service Legal Processing Division, Associate Chief responsibilities include: Counsel, (Procedure and Administration). (1) Advising the Secretary on VA’s Tax Design Challenge; Requirements [FR Doc. 2016–07858 Filed 4–5–16; 8:45 am] administration of burial benefits and the and Procedures; Correction selection of cemetery sites, the erection BILLING CODE 4830–01–P of appropriate memorials, and the AGENCY: Internal Revenue Service, adequacy of Federal burial benefits; Treasury. (2) Providing to the Secretary and ACTION: Notice; correction. DEPARTMENT OF VETERANS Congress periodic reports outlining AFFAIRS recommendations, concerns, and SUMMARY: The Internal Revenue Service observations on VA’s delivery of these published a document in the Federal Solicitation of Nominations for benefits and services to Veterans; Register of March 22, 2016, concerning Appointment to the Advisory (3) Meeting with VA officials, Veteran the Tax Design Challenge, a Committee on Cemeteries and Service Organizations, and other crowdsourcing competition, with cash Memorials stakeholders to assess the Department’s prizes, that the IRS is hosting to begin efforts in providing burial benefits and reimagining the taxpayer experience of ACTION: Notice. outreach on these benefits to Veterans the future. The document omitted a SUMMARY: The Department of Veterans and their dependents; requirement for participation. Affairs (VA), National Cemetery (4) Undertaking assignments to FOR FURTHER INFORMATION CONTACT: Administration (NCA), is seeking conduct research and assess existing Christopher Daggett, 503–330–6311 or nominations of qualified candidates to burial and memorial programs; to Michael Lin, 202–317–6381. be considered for appointment as a examine potential revisions or Correction member of the Advisory Committee on expansion of burial and memorial Cemeteries and Memorials (herein-after programs and services; and to provide In the Federal Register of March 22, in this section referred to as ‘‘the advice and recommendations to the 2016, in FR Doc. 2016–06432, on page Committee’’). The Committee was Secretary based on this research. 15414, in the first column, replace the established pursuant to 38 U.S.C. 2401 NCA is requesting nominations for eight numbered eligibility requirements to advise the Secretary of VA with upcoming vacancies on the Committee. with nine requirements, as follows: respect to the administration of VA The Committee is composed of up to (1) Must register to participate in the national cemeteries, soldiers’ lots and twelve members and several ex-officio Challenge under the rules promulgated plots, which are the responsibility of the members. by the Internal Revenue Service. Secretary, the erection of appropriate The members of the Committee are (2) Must comply with all the memorials and the adequacy of Federal appointed by the Secretary of Veteran requirements under this section. burial benefits. Affairs from the general public, (3) Must be at least 18 years old at the including but not limited to: DATES: Nominations of qualified time of submission. (1) Veterans or other individuals who candidates are being sought to fill (4) In the case of a private entity, shall are recognized authorities in fields upcoming vacancies on the Committee. be incorporated in and maintain a pertinent to the needs of Veterans; Nominations for membership on the primary place of business in the United (2) Veterans who have experience in Committee must be received no later States, and in the case of an individual, a military theater of operations; than 5:00 p.m. EST on May 31, 2016. whether participating singly or in a (3) Recently separated service group, shall be a citizen or permanent ADDRESSES: All nominations should be members; resident of the United States. mailed to National Cemetery (4) Officials from Government, non- (5) Shall not be a Federal entity or Administration, Department of Veterans Government organizations (NGOs) and Federal employee acting within the Affairs, 810 Vermont Avenue NW. industry partners in the provision of scope of their employment. (43A2), Washington, DC 20420, or faxed memorial benefits and services, and (6) Shall not be an employee of the to (202) 632–7910. outreach information to VA Internal Revenue Service or the FOR FURTHER INFORMATION CONTACT: Mr. beneficiaries. Mortgage Bankers Association (‘‘the Michael Nacincik, National Cemetery The Secretary shall determine the Cosponsor’’). Administration, Department of Veterans number, terms of service, and pay and (7) Shall not be affiliated with any Affairs, 810 Vermont Avenue NW. allowances of members of the asabaliauskas on DSK3SPTVN1PROD with NOTICES judge on the review panel. In the case (43A2), Washington, DC 20420, Committee appointed by the Secretary, of a private entity, this means that no telephone (202) 632–8013. A copy of except that a term of service of any such judge currently serves as a director, Committee charter and list of the member may not exceed three years. officer, or employee of the entity. In the current membership can be obtained by The Secretary may reappoint any such case of a private individual, the contacting Mr. Nacincik or by accessing member for additional terms of service. individual shall not have a close family the Web site managed by NCA at: http:// To the extent possible, the Secretary or professional relationship with any www.cem.va.gov/cem/about/advisory_ seeks members who have diverse judge. committee.asp. professional and personal qualifications, VerDate Sep<11>2014 17:54 Apr 05, 2016 Jkt 238001 PO 00000 Frm 00105 Fmt 4703 Sfmt 4703 E:\FR\FM\06APN1.SGM 06APN1


Document Created: 2018-02-07 13:51:44
Document Modified: 2018-02-07 13:51:44
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 June 6, 2016 to be assured of consideration.
ContactRequests 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 Citation81 FR 20054 
2025 Federal Register | Disclaimer | Privacy Policy
USC | CFR | eCFR