81 FR 37667 - Proposed Collection; Comment Request for Form 1099-H

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 81, Issue 112 (June 10, 2016)

Page Range		37667-37668
FR Document		2016-13778

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 1099-H, Health Coverage Tax Credit (HCTC) Advance Payments.

Federal Register, Volume 81 Issue 112 (Friday, June 10, 2016)

[Federal Register Volume 81, Number 112 (Friday, June 10, 2016)]
[Notices]
[Pages 37667-37668]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-13778]


-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 1099-H

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 1099-H, Health Coverage Tax Credit (HCTC) Advance Payments.

DATES: Written comments should be received on or before August 9, 2016. 
to be assured of consideration.

ADDRESSES: Direct all written comments to Tuawana Pinkston, Internal 
Revenue Service, Room 6528, 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 R. Joseph 
Durbala, at Internal Revenue Service, Room 6129, 1111 Constitution 
Avenue NW., Washington, DC 20224, or at (202) 317-5746, or through the 
internet at [email protected].

SUPPLEMENTARY INFORMATION:
    Title: Health Coverage Tax Credit (HCTC) Advance Payments.
    OMB Number: 1545-1813.
    Form Number: Form 1099-H.
    Abstract: Form 1099-H is used to report advance payments of health 
insurance premiums to qualified recipients for their use in computing 
the allowable health insurance credit on Form 8885.
    Current Actions: There are no changes being made to the form at 
this time. However, the estimated number of responses is being 
decreased as a result of updated filing estimates.
    Type of Review: Revision of a currently approved collection.
    Affected Public: Business or other for-profit organizations.
    Estimated Number of Responses: 49,000.
    Estimated Time per Respondent: 18 minutes.
    Estimated Total Annual Burden Hours: 14,700.
    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.


[[Page 37668]]


    Approved: June 2, 2016.
R. Joseph Durbala,
IRS, Tax Analyst.
[FR Doc. 2016-13778 Filed 6-9-16; 8:45 am]
 BILLING CODE 4830-01-P

Federal Register / Vol. 81, No. 112 / Friday, June 10, 2016 / Notices 37667

Section 208.31 of the Board’s (e) Estimates of capital or start-up SUPPLEMENTARY INFORMATION:
regulations (12 CFR 208.31) governs costs and costs of operation, Title: Health Coverage Tax Credit
registration of transfer agents for state maintenance, and purchase of services (HCTC) Advance Payments.
member banks, and section 225.4(d) (12 to provide information.
Comments submitted in response to OMB Number: 1545–1813.
CFR 225.4(d)) governs registration of
transfer agents for bank holding this joint notice will be shared among Form Number: Form 1099–H.
companies and certain nondepository the agencies. All comments will become Abstract: Form 1099–H is used to
trust company subsidiaries of BHCs that a matter of public record. report advance payments of health
act as a transfer agent. The Board is also Dated: May 24, 2016. insurance premiums to qualified
the ARA for SLHCs seeking to act as Mary H. Gottlieb, recipients for their use in computing the
transfer agent. Before any of these allowable health insurance credit on
Regulatory Specialist, Legislative and
entities may perform any transfer agent Regulatory Activities Division, Office of the Form 8885.
function for a qualifying security, it Comptroller of the Currency. Current Actions: There are no changes
must register on Form TA–1 with the being made to the form at this time.
Board of Governors of the Federal Reserve
Board and its registration must become System, June 3, 2016. However, the estimated number of
effective. responses is being decreased as a result
Robert deV. Frierson,
Section 341.3 of FDIC’s regulations
Secretary of the Board. of updated filing estimates.
(12 CFR part 341) governs registration of
transfer agents for state nonmember Dated at Washington, DC, this 24th day of Type of Review: Revision of a
banks and state non-member savings May, 2016. currently approved collection.
associations, and subsidiaries of such Federal Deposit Insurance Corporation. Affected Public: Business or other for-
institutions. Before an insured state Valerie J. Best, profit organizations.
nonmember bank or a state savings Assistant Executive Secretary. Estimated Number of Responses:
association and any subsidiary of such [FR Doc. 2016–13810 Filed 6–9–16; 8:45 am] 49,000.
institution may perform any transfer BILLING CODE 6714–01–P; 4810–33–P; 6210–01–P Estimated Time per Respondent: 18
agent function for a qualifying security, minutes.
it must register on Form TA–1 with the
FDIC and its registration must become DEPARTMENT OF THE TREASURY Estimated Total Annual Burden
effective. Hours: 14,700.
Section 9.20 of the OCC’s regulations Internal Revenue Service The following paragraph applies to all
(12 CFR 9.20) governs registration of of the collections of information covered
transfer agents. Section 9.20(b) provides Proposed Collection; Comment by this notice:
that SEC rules pursuant to Section 17A Request for Form 1099–H
An agency may not conduct or
of the Act, prescribing operational and AGENCY: Internal Revenue Service (IRS), sponsor, and a person is not required to
reporting requirements for transfer Treasury. respond to, a collection of information
agents, apply to the domestic activities ACTION: Notice and request for unless the collection of information
of registered national bank transfer comments. displays a valid OMB control number.
agents. Before a national bank, Federal Books or records relating to a collection
savings bank, or a bank operating under SUMMARY: The Department of the of information must be retained as long
the Code of Law for the District of Treasury, as part of its continuing effort as their contents may become material
Columbia, or a subsidiary of any such to reduce paperwork and respondent in the administration of any internal
bank, may perform any transfer agent burden, invites the general public and revenue law. Generally, tax returns and
function for a qualifying security, it other Federal agencies to take this tax return information are confidential,
must register on Form TA–1 with the opportunity to comment on proposed as required by 26 U.S.C. 6103.
OCC and its registration must become and/or continuing information Request for Comments: Comments
effective. collections, as required by the submitted in response to this notice will
Request for Comment Paperwork Reduction Act of 1995, be summarized and/or included in the
Public Law 104–13(44 U.S.C. request for OMB approval. All
The agencies invite comment on the 3506(c)(2)(A)). Currently, the IRS is
following topics related to this comments will become a matter of
soliciting comments concerning Form public record. Comments are invited on:
collection of information: 1099–H, Health Coverage Tax Credit
(a) Whether the information (a) Whether the collection of
(HCTC) Advance Payments. information is necessary for the proper
collections are necessary for the proper
DATES: Written comments should be performance of the functions of the
performance of the agencies’ functions,
received on or before August 9, 2016. to agency, including whether the
including whether the information has
be assured of consideration. information shall have practical utility;
practical utility;
(b) The accuracy of the agencies’ ADDRESSES: Direct all written comments (b) the accuracy of the agency’s estimate
estimates of the burden of the to Tuawana Pinkston, Internal Revenue of the burden of the collection of
information collections, including the Service, Room 6528, 1111 Constitution information; (c) ways to enhance the
validity of the methodology and Avenue NW., Washington, DC 20224. quality, utility, and clarity of the
FOR FURTHER INFORMATION CONTACT: information to be collected; (d) ways to
asabaliauskas on DSK3SPTVN1PROD with NOTICES

assumptions used;
(c) Ways to enhance the quality, Requests for additional information or minimize the burden of the collection of
utility, and clarity of the information to copies of the form and instructions information on respondents, including
be collected; should be directed to R. Joseph Durbala, through the use of automated collection
(d) Ways to minimize the burden of at Internal Revenue Service, Room 6129, techniques or other forms of information
information collections on respondents, 1111 Constitution Avenue NW., technology; and (e) estimates of capital
including through the use of automated Washington, DC 20224, or at (202) 317– or start-up costs and costs of operation,
collection techniques or other forms of 5746, or through the internet at maintenance, and purchase of services
information technology; and RJoseph.Durbala@irs.gov. to provide information.

VerDate Sep<11>2014 19:02 Jun 09, 2016 Jkt 238001 PO 00000 Frm 00102 Fmt 4703 Sfmt 4703 E:\FR\FM\10JNN1.SGM 10JNN1

$37668 Federal Register / Vol. 81, No. 112 / Friday, June 10, 2016 / Notices Approved: June 2, 2016. R. Joseph Durbala, IRS, Tax Analyst. [FR Doc. 2016–13778 Filed 6–9–16; 8:45 am] BILLING CODE 4830–01–P asabaliauskas on DSK3SPTVN1PROD with NOTICES VerDate Sep<11>2014 19:02 Jun 09, 2016 Jkt 238001 PO 00000 Frm 00103 Fmt 4703 Sfmt 9990 E:\FR\FM\10JNN1.SGM 10JNN1$

Document Created: 2018-02-08 07:35:43
Document Modified: 2018-02-08 07:35:43

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 August 9, 2016. to be assured of consideration.
Contact		Requests for additional information or copies of the form and instructions should be directed to R. Joseph Durbala, at Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington, DC 20224, or at (202) 317-5746, or through the internet at [email protected]
FR Citation		81 FR 37667

81 FR 37667 - Proposed Collection; Comment Request for Form 1099-H

DEPARTMENT OF THE TREASURYInternal Revenue Service

Federal Register Volume 81, Issue 112 (June 10, 2016)

DEPARTMENT OF THE TREASURY
Internal Revenue Service