82 FR 12907 - Proposed Collection; Comment Request for Statements to Recipients of Dividend Payments
DEPARTMENT OF THE TREASURY
Internal Revenue Service Federal Register Volume 82, Issue 43 (March 7, 2017)
Internal Revenue Service
Federal Register Volume 82, Issue 43 (March 7, 2017)
| Page Range | 12907-12907 | |
| FR Document | 2017-04328 |
[Federal Register Volume 82, Number 43 (Tuesday, March 7, 2017)] [Notices] [Page 12907] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2017-04328] ----------------------------------------------------------------------- DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Statements to Recipients of Dividend Payments 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. Currently, the IRS is soliciting comments concerning the statements to recipients of dividend payments. DATES: Written comments should be received on or before May 8, 2017 to be assured of consideration. ADDRESSES: Direct all written comments to Tuawana Pinkston, Internal Revenue Service, Room 6141, 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: Statements to recipients of dividend payments. OMB Number: 1545-0747. Form Number: 5498. Abstract: Form 5498 is used by trustees and issuers to report contributions to, and the fair market value of, an individual retirement arrangement (IRA). The information on the form will be used by IRS to verify compliance with the reporting rules under regulation section 1.408-5 and to verify that the participant in the IRA has made the contribution for which he or she is taking a deduction. 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. Estimated Number of Respondents: 25,000 Estimated Number of Responses: 118,858,000. Estimated Time per Respondent: 24 minutes. Estimated Total Annual Burden Hours: 48,731,780. 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: February 28, 2017. R. Joseph Durbala, Tax Analyst, IRS. [FR Doc. 2017-04328 Filed 3-6-17; 8:45 am] BILLING CODE 4830-01-P
![Federal Register / Vol. 82, No. 43 / Tuesday, March 7, 2017 / Notices 12907
feedback on our service delivery. By (b) the accuracy of the agency’s estimate contributions to, and the fair market
qualitative feedback we mean of the burden of the collection of value of, an individual retirement
information that provides useful information; (c) ways to enhance the arrangement (IRA). The information on
insights on perceptions and opinions, quality, utility, and clarity of the the form will be used by IRS to verify
but are not statistical surveys that yield information to be collected; (d) ways to compliance with the reporting rules
quantitative results that can be minimize the burden of the collection of under regulation section 1.408–5 and to
generalized to the population of study. information on respondents, including verify that the participant in the IRA has
Current Actions: There are no changes through the use of automated collection made the contribution for which he or
being made to the Omnibus Survey at techniques or other forms of information she is taking a deduction.
this time. technology; and (e) estimates of capital Current Actions: There are no changes
Type of Review: Extension without or start-up costs and costs of operation, being made to the form at this time.
change of currently approved collection. maintenance, and purchase of services Type of Review: Extension of a
Affected Public: This collection of to provide information. currently approved collection.
information is necessary to enable the
Approved: February 27, 2017. Affected Public: Business or other for-
Agency to garner customer and
Tuawana Pinkston, profit organizations.
stakeholder feedback in an efficient,
IRS Reports Clearance Officer. Estimated Number of Respondents:
timely manner, in accordance with our
25,000
commitment to improving service [FR Doc. 2017–04327 Filed 3–6–17; 8:45 am]
delivery. The information collected BILLING CODE 4830–01–P
Estimated Number of Responses:
from our customers and stakeholders 118,858,000.
will help ensure that users have an Estimated Time per Respondent: 24
effective, efficient, and satisfying DEPARTMENT OF THE TREASURY minutes.
experience with the Agency’s programs. Estimated Total Annual Burden
This feedback will provide insights into Internal Revenue Service Hours: 48,731,780.
customer or stakeholder perceptions, The following paragraph applies to all
Proposed Collection; Comment of the collections of information covered
experiences and expectations, provide
Request for Statements to Recipients by this notice:
an early warning of issues with service,
of Dividend Payments An agency may not conduct or
or focus attention on areas where
communication, training or changes in AGENCY: Internal Revenue Service (IRS), sponsor, and a person is not required to
operations might improve delivery of Treasury. respond to, a collection of information
products or services. These collections ACTION: Notice and request for
unless the collection of information
will allow for ongoing, collaborative and comments. displays a valid OMB control number.
actionable communications between the Books or records relating to a collection
Agency and its customers and SUMMARY: The Department of the of information must be retained as long
stakeholders. It will also allow feedback Treasury, as part of its continuing effort as their contents may become material
to contribute directly to the to reduce paperwork and respondent in the administration of any internal
improvement of program management. burden, invites the general public and revenue law. Generally, tax returns and
Estimated Number of Respondents: other Federal agencies to take this tax return information are confidential,
90,000. opportunity to comment on proposed as required by 26 U.S.C. 6103.
Estimated Time per Respondent: 3 and/or continuing information Request for Comments: Comments
min. collections, as required by the submitted in response to this notice will
Estimated Total Annual Burden Paperwork Reduction Act of 1995. be summarized and/or included in the
Hours: 4,500. Currently, the IRS is soliciting request for OMB approval. All
The following paragraph applies to all comments concerning the statements to comments will become a matter of
of the collections of information covered recipients of dividend payments. public record. Comments are invited on:
by this notice: DATES: Written comments should be (a) Whether the collection of
An agency may not conduct or information is necessary for the proper
received on or before May 8, 2017 to be
sponsor, and a person is not required to performance of the functions of the
assured of consideration.
respond to, a collection of information agency, including whether the
unless the collection of information ADDRESSES: Direct all written comments
to Tuawana Pinkston, Internal Revenue information shall have practical utility;
displays a valid OMB control number. (b) the accuracy of the agency’s estimate
Books or records relating to a collection Service, Room 6141, 1111 Constitution
Avenue NW., Washington, DC 20224. of the burden of the collection of
of information must be retained as long 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 R. Joseph Durbala, information on respondents, including
as required by 26 U.S.C. 6103. at 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 at (202) 317– technology; and (e) estimates of capital
be summarized and/or included in the 5746, or through the internet at or start-up costs and costs of operation,
request for OMB approval. All RJoseph.Durbala@irs.gov.
sradovich on DSK3GMQ082PROD with NOTICES
maintenance, and purchase of services
comments will become a matter of SUPPLEMENTARY INFORMATION: to provide information.
public record. Comments are invited on: Title: Statements to recipients of
(a) Whether the collection of Approved: February 28, 2017.
dividend payments.
information is necessary for the proper OMB Number: 1545–0747. R. Joseph Durbala,
performance of the functions of the Form Number: 5498. Tax Analyst, IRS.
agency, including whether the Abstract: Form 5498 is used by [FR Doc. 2017–04328 Filed 3–6–17; 8:45 am]
information shall have practical utility; trustees and issuers to report BILLING CODE 4830–01–P
VerDate Sep<11>2014 16:01 Mar 06, 2017 Jkt 241001 PO 00000 Frm 00126 Fmt 4703 Sfmt 9990 E:\FR\FM\07MRN1.SGM 07MRN1](https://thefederalregister.org/doc/82_FR_12950/page/1.svg)
Document Created: 2018-02-01 14:49:02
Document Modified: 2018-02-01 14:49:02
| 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 May 8, 2017 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 | 82 FR 12907 |
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