81 FR 79095 - Proposed Collection; Comment Request for Form 1099-INT

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 81, Issue 218 (November 10, 2016)

Page Range		79095-79095
FR Document		2016-27110

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-INT, Interest Income.

Federal Register, Volume 81 Issue 218 (Thursday, November 10, 2016)

[Federal Register Volume 81, Number 218 (Thursday, November 10, 2016)]
[Notices]
[Page 79095]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-27110]


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

DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 1099-INT

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-INT, Interest Income.

DATES: Written comments should be received on or before January 9, 2017 
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 Martha R. 
Brinson, Internal Revenue Service, Room 6129, 1111 Constitution Avenue 
NW., Washington, DC 20224, or through the Internet at 
Martha.R.Brinson@irs.gov.

SUPPLEMENTARY INFORMATION:
    Title: Interest Income.
    OMB Number: 1545-0112.
    Form Number: 1099-INT.
    Abstract: Form 1099-INT is used for reporting interest income paid, 
as required by sections 6049 and 6041 of the Internal Revenue Code. The 
IRS uses the form to verify compliance with the reporting rules and to 
verify that the recipient has included the proper amount of interest on 
his or her income 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: Business or other for-profit organizations, 
Federal Government, individuals or households, and not-for-profit 
institutions.
    Estimated Number of Responses: 243,536,300.
    Estimated Time per Response: 17 minutes.
    Estimated Total Annual Burden Hours: 63,079,438.
    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: November 1, 2016.
Tuawana Pinkston,
IRS Reports Clearance Officer.
[FR Doc. 2016-27110 Filed 11-9-16; 8:45 am]
BILLING CODE 4830-01-P

Federal Register / Vol. 81, No. 218 / Thursday, November 10, 2016 / Notices 79095

FOR FURTHER INFORMATION CONTACT: information; (c) ways to enhance the recipient has included the proper
Requests for additional information or quality, utility, and clarity of the amount of interest on his or her income
copies of the form and instructions information to be collected; (d) ways to tax return.
should be directed to Martha R. Brinson, minimize the burden of the collection of Current Actions: There are no changes
Internal Revenue Service, Room 6129, information on respondents, including being made to the form at this time.
1111 Constitution Avenue NW., through the use of automated collection
Washington DC 20224, or through the techniques or other forms of information Type of Review: Extension of a
Internet at Martha.R.Brinson@irs.gov. technology; and (e) estimates of capital currently approved collection.
SUPPLEMENTARY INFORMATION: or start-up costs and costs of operation, Affected Public: Business or other for-
Title: Electronic Filing System (e- maintenance, and purchase of services profit organizations, Federal
Postcard) for Tax-Exempt Organizations to provide information. Government, individuals or households,
not Required To file Form 990 or 990– Approved: November 1, 2016. and not-for-profit institutions.
EZ. Tuawana Pinkston, Estimated Number of Responses:
OMB Number: 1545–2085. Form IRS Reports Clearance Officer. 243,536,300.
Number: 990–N. [FR Doc. 2016–27097 Filed 11–9–16; 8:45 am]
Abstract: Section 1223 of the Pension Estimated Time per Response: 17
BILLING CODE 4830–01–P minutes.
Protection Act of 2006 (PPA ’06),
enacted on August 17, 2006, amended Estimated Total Annual Burden
Internal Revenue Code (Code) section DEPARTMENT OF THE TREASURY Hours: 63,079,438.
6033 by adding Code section 6033(i), The following paragraph applies to all
which requires certain tax-exempt Internal Revenue Service of the collections of information covered
organizations to file an annual
Proposed Collection; Comment by this notice:
electronic notice (Form 990–N) for tax
years beginning after December 31, Request for Form 1099–INT An agency may not conduct or
2006. These organizations are not sponsor, and a person is not required to
AGENCY: Internal Revenue Service (IRS), respond to, a collection of information
required to file Form 990 (or Form 990–
Treasury.
EZ) because their gross receipts are unless the collection of information
normally $25,000 or less. ACTION: Notice and request for displays a valid OMB control number.
Current Actions: There are no changes comments. Books or records relating to a collection
being made to the form at this time. SUMMARY: The Department of the of information must be retained as long
Type of Review: Extension of a Treasury, as part of its continuing effort as their contents may become material
currently approved collection. to reduce paperwork and respondent in the administration of any internal
Affected Public: Not-for-profit burden, invites the general public and revenue law. Generally, tax returns and
institutions. other Federal agencies to take this tax return information are confidential,
Estimated Number of Respondents: opportunity to comment on proposed as required by 26 U.S.C. 6103.
300,000. and/or continuing information
Estimated Time per Respondent: 15 Request for Comments: Comments
collections, as required by the submitted in response to this notice will
min. Paperwork Reduction Act of 1995,
Estimated Total Annual Burden be summarized and/or included in the
Public Law 104–13 (44 U.S.C. request for OMB approval. All
Hours: 75,000. 3506(c)(2)(A)). Currently, the IRS is
The following paragraph applies to all comments will become a matter of
soliciting comments concerning Form public record. Comments are invited on:
of the collections of information covered 1099–INT, Interest Income.
by this notice: (a) Whether the collection of
DATES: Written comments should be information is necessary for the proper
An agency may not conduct or
received on or before January 9, 2017 to performance of the functions of the
sponsor, and a person is not required to
be assured of consideration. agency, including whether the
respond to a collection of information
unless the collection of information ADDRESSES: Direct all written comments information shall have practical utility;
displays a valid OMB control number. to Tuawana Pinkston, Internal Revenue (b) the accuracy of the agency’s estimate
Books or records relating to a collection Service, Room 6526, 1111 Constitution of the burden of the collection of
of information must be retained as long Avenue NW., Washington, DC 20224. information; (c) ways to enhance the
as their contents may become material FOR FURTHER INFORMATION CONTACT: quality, utility, and clarity of the
in the administration of any internal Requests for additional information or information to be collected; (d) ways to
revenue law. Generally, tax returns and copies of the form and instructions minimize the burden of the collection of
tax return information are confidential, should be directed to Martha R. Brinson, information on respondents, including
as required by 26 U.S.C. 6103. Internal Revenue Service, Room 6129, through the use of automated collection
Request for Comments: Comments 1111 Constitution Avenue NW.,
techniques or other forms of information
submitted in response to this notice will Washington, DC 20224, or through the
technology; and (e) estimates of capital
be summarized and/or included in the Internet at Martha.R.Brinson@irs.gov.
or start-up costs and costs of operation,
request for OMB approval. All SUPPLEMENTARY INFORMATION:
maintenance, and purchase of services
comments will become a matter of Title: Interest Income.
asabaliauskas on DSK3SPTVN1PROD with NOTICES

to provide information.
public record. Comments are invited on: OMB Number: 1545–0112.
(a) Whether the collection of Form Number: 1099–INT. Approved: November 1, 2016.
information is necessary for the proper Abstract: Form 1099–INT is used for Tuawana Pinkston,
performance of the functions of the reporting interest income paid, as IRS Reports Clearance Officer.
agency, including whether the required by sections 6049 and 6041 of [FR Doc. 2016–27110 Filed 11–9–16; 8:45 am]
information shall have practical utility; the Internal Revenue Code. The IRS uses
BILLING CODE 4830–01–P
(b) the accuracy of the agency’s estimate the form to verify compliance with the
of the burden of the collection of reporting rules and to verify that the

VerDate Sep<11>2014 17:46 Nov 09, 2016 Jkt 241001 PO 00000 Frm 00129 Fmt 4703 Sfmt 9990 E:\FR\FM\10NON1.SGM 10NON1

Document Created: 2016-11-10 01:44:16
Document Modified: 2016-11-10 01:44:16

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 January 9, 2017 to be assured of consideration.
Contact		Requests for additional information or copies of the form and instructions should be directed to Martha R. Brinson, Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington, DC 20224, or through the Internet at [email protected]
FR Citation		81 FR 79095

81 FR 79095 - Proposed Collection; Comment Request for Form 1099-INT

DEPARTMENT OF THE TREASURYInternal Revenue Service

Federal Register Volume 81, Issue 218 (November 10, 2016)

DEPARTMENT OF THE TREASURY
Internal Revenue Service