81_FR_63753 81 FR 63574 - Proposed Collection; Comment Request for Form 1097-BTC

81 FR 63574 - Proposed Collection; Comment Request for Form 1097-BTC

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 81, Issue 179 (September 15, 2016)

Page Range63574-63574
FR Document2016-22133

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 1097-BTC, Bond Tax Credit.

Federal Register, Volume 81 Issue 179 (Thursday, September 15, 2016)
[Federal Register Volume 81, Number 179 (Thursday, September 15, 2016)]
[Notices]
[Page 63574]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-22133]


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

DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 1097-BTC

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 1097-BTC, Bond Tax Credit.

DATES: Written comments should be received on or before November 14, 
2016 to be assured of consideration.

ADDRESSES: Direct all written comments to Tuawana Pinkston, Internal 
Revenue Service, Room 6527, 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 through the internet at 
[email protected].

SUPPLEMENTARY INFORMATION: 
    Title: Bond Tax Credit.
    OMB Number: 1545-2197.
    Form Number: Form 1097-BTC.
    Abstract: Bond tax credits distributed by holders and issuers of 
tax credit bonds will be reported on this form. The form will be sent 
to taxpayers that received the distribution.
    Current Actions: The paperwork burden associated with this form was 
recalculated.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Businesses and other for-profit organizations, and 
not-for-profit institutions.
    Estimated Number of Respondents: 212.
    Estimated Time per Respondent: 19 minutes.
    Estimated Total Annual Burden Hours: 67.
    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: September 8, 2016.
R. Joseph Durbala,
IRS, Tax Analyst.
[FR Doc. 2016-22133 Filed 9-14-16; 8:45 am]
 BILLING CODE 4830-01-P



                                                63574                    Federal Register / Vol. 81, No. 179 / Thursday, September 15, 2016 / Notices

                                                  Estimated Number of Respondents:                      DEPARTMENT OF THE TREASURY                               Affected Public: Businesses and other
                                                10,000.                                                                                                       for-profit organizations, and not-for-
                                                  Estimated Time per Respondent: 13                     Internal Revenue Service                              profit institutions.
                                                hours, 13 minutes.                                                                                               Estimated Number of Respondents:
                                                                                                        Proposed Collection; Comment                          212.
                                                  Estimated Total Annual Burden                         Request for Form 1097–BTC                                Estimated Time per Respondent: 19
                                                Hours: 132,200.                                                                                               minutes.
                                                                                                        AGENCY: Internal Revenue Service (IRS),
                                                  The following paragraph applies to all                Treasury.                                                Estimated Total Annual Burden
                                                of the collections of information covered                                                                     Hours: 67.
                                                                                                        ACTION: Notice and request for
                                                by this notice:                                                                                                  The following paragraph applies to all
                                                                                                        comments.
                                                  An agency may not conduct or                                                                                of the collections of information covered
                                                sponsor, and a person is not required to                SUMMARY:    The Department of the                     by this notice:
                                                respond to, a collection of information                 Treasury, as part of its continuing effort               An agency may not conduct or
                                                unless the collection of information                    to reduce paperwork and respondent                    sponsor, and a person is not required to
                                                displays a valid OMB control number.                    burden, invites the general public and                respond to, a collection of information
                                                Books or records relating to a collection               other Federal agencies to take this                   unless the collection of information
                                                of information must be retained as long                 opportunity to comment on proposed                    displays a valid OMB control number.
                                                as their contents may become material                   and/or continuing information                         Books or records relating to a collection
                                                in the administration of any internal                   collections, as required by the                       of information must be retained as long
                                                revenue law. Generally, tax returns and                 Paperwork Reduction Act of 1995,                      as their contents may become material
                                                tax return information are confidential,                Public Law 104–13 (44 U.S.C.                          in the administration of any internal
                                                as required by 26 U.S.C. 6103.                          3506(c)(2)(A)). Currently, the IRS is                 revenue law. Generally, tax returns and
                                                                                                        soliciting comments concerning Form                   tax return information are confidential,
                                                  Request for Comments: Comments                                                                              as required by 26 U.S.C. 6103.
                                                                                                        1097–BTC, Bond Tax Credit.
                                                submitted in response to this notice will                                                                        Request for Comments: Comments
                                                be summarized and/or included in the                    DATES: Written comments should be
                                                                                                        received on or before November 14,                    submitted in response to this notice will
                                                request for OMB approval. All                                                                                 be summarized and/or included in the
                                                comments will become a matter of                        2016 to be assured of consideration.
                                                                                                                                                              request for OMB approval. All
                                                public record.                                          ADDRESSES: Direct all written comments
                                                                                                                                                              comments will become a matter of
                                                  Comments are invited on: (a) Whether                  to Tuawana Pinkston, Internal Revenue
                                                                                                                                                              public record. Comments are invited on:
                                                the collection of information is                        Service, Room 6527, 1111 Constitution
                                                                                                                                                              (a) Whether the collection of
                                                necessary for the proper performance of                 Avenue NW., Washington, DC 20224.
                                                                                                                                                              information is necessary for the proper
                                                the functions of the agency, including                  FOR FURTHER INFORMATION CONTACT:                      performance of the functions of the
                                                whether the information shall have                      Requests for additional information or                agency, including whether the
                                                practical utility; (b) the accuracy of the              copies of the form and instructions                   information shall have practical utility;
                                                agency’s estimate of the burden of the                  should be directed to R. Joseph Durbala,              (b) the accuracy of the agency’s estimate
                                                collection of information; (c) ways to                  at Internal Revenue Service, Room 6129,               of the burden of the collection of
                                                enhance the quality, utility, and clarity               1111 Constitution Avenue NW.,                         information; (c) ways to enhance the
                                                of the information to be collected; (d)                 Washington, DC 20224, or through the                  quality, utility, and clarity of the
                                                ways to minimize the burden of the                      internet at RJoseph.Durbala@irs.gov.                  information to be collected; (d) ways to
                                                collection of information on                            SUPPLEMENTARY INFORMATION:                            minimize the burden of the collection of
                                                respondents, including through the use                     Title: Bond Tax Credit.                            information on respondents, including
                                                of automated collection techniques or                      OMB Number: 1545–2197.                             through the use of automated collection
                                                other forms of information technology;                     Form Number: Form 1097–BTC.                        techniques or other forms of information
                                                and (e) estimates of capital or start-up                   Abstract: Bond tax credits distributed             technology; and (e) estimates of capital
                                                costs and costs of operation,                           by holders and issuers of tax credit                  or start-up costs and costs of operation,
                                                maintenance, and purchase of services                   bonds will be reported on this form. The              maintenance, and purchase of services
                                                to provide information.                                 form will be sent to taxpayers that                   to provide information.
                                                                                                        received the distribution.
                                                  Approved: August 30, 2016.                                                                                    Approved: September 8, 2016.
                                                                                                           Current Actions: The paperwork
                                                R. Joseph Durbala,                                      burden associated with this form was                  R. Joseph Durbala,
                                                IRS, Tax Analyst.                                       recalculated.                                         IRS, Tax Analyst.
                                                [FR Doc. 2016–22134 Filed 9–14–16; 8:45 am]                Type of Review: Extension of a                     [FR Doc. 2016–22133 Filed 9–14–16; 8:45 am]
                                                BILLING CODE 4830–01–P                                  currently approved collection.                        BILLING CODE 4830–01–P
sradovich on DSK3GMQ082PROD with NOTICES




                                           VerDate Sep<11>2014   17:34 Sep 14, 2016   Jkt 238001   PO 00000   Frm 00108   Fmt 4703   Sfmt 9990   E:\FR\FM\15SEN1.SGM   15SEN1



Document Created: 2018-02-09 13:18:06
Document Modified: 2018-02-09 13:18:06
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 November 14, 2016 to be assured of consideration.
ContactRequests 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 through the internet at [email protected]
FR Citation81 FR 63574 

2025 Federal Register | Disclaimer | Privacy Policy
USC | CFR | eCFR