82 FR 18969 - Proposed Collection; Comment Request for United States Gift (and Generation-Skipping Transfer) Tax Return

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 82, Issue 77 (April 24, 2017)

Page Range		18969-18969
FR Document		2017-08155

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 United States Gift (and Generation-Skipping Transfer) Tax Return.

Federal Register, Volume 82 Issue 77 (Monday, April 24, 2017)

[Federal Register Volume 82, Number 77 (Monday, April 24, 2017)]
[Notices]
[Page 18969]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-08155]


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

DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for United States Gift (and 
Generation-Skipping Transfer) Tax Return

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 United States Gift (and Generation-Skipping 
Transfer) Tax Return.

DATES: Written comments should be received on or before June 23, 2017 
to be assured of consideration.

ADDRESSES: Direct all written comments to Laurie E. Brimmer, Internal 
Revenue Service, Room 6526, 1111 Constitution Avenue NW., Washington, 
DC 20224. Requests for additional copies of the form and instructions 
should be directed to Martha R. Brinson, Internal Revenue Service, Room 
6526, 1111 Constitution Avenue NW., Washington, DC 20224, or through 
the Internet at [email protected].

SUPPLEMENTARY INFORMATION: 
    Title: United States Gift (and Generation-Skipping Transfer) Tax 
Return.
    OMB Number: 1545-0020.
    Form Number: 709.
    Abstract: Form 709 is used by individuals to report transfers 
subject to the gift and generation-skipping transfer taxes and to 
compute these taxes. The IRS uses the information to collect and 
enforce these taxes, to verify that the taxes are properly computed, 
and to compute the tax base for the estate tax.
    Current Actions: On page 4, Schedule C, Part 2, added new entry box 
(Restored Exclusion Amount) for line 5.
    Type of Review: Revision of a currently approved collection.
    Affected Public: Individuals or households.
    Estimated Number of Respondents: 278,500.
    Estimated Time per Respondent: 6.2 hours.
    Estimated Total Annual Burden Hours: 1,726,700.
    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.

    Approved: April 17, 2017.
Laurie E. Brimmer,
Senior Tax Analyst.
[FR Doc. 2017-08155 Filed 4-21-17; 8:45 am]
 BILLING CODE 4830-01-P

Federal Register / Vol. 82, No. 77 / Monday, April 24, 2017 / Notices 18969

DATES: Written comments should be performance of the functions of the OMB Number: 1545–0020.
received on or before June 23, 2017 to agency, including whether the Form Number: 709.
be assured of consideration. information shall have practical utility; Abstract: Form 709 is used by
ADDRESSES: Direct all written comments (b) the accuracy of the agency’s estimate individuals to report transfers subject to
to Laurie Brimmer, Internal Revenue of the burden of the collection of the gift and generation-skipping transfer
Service, Room 6526, 1111 Constitution information; (c) ways to enhance the taxes and to compute these taxes. The
Avenue NW., Washington, DC 20224. quality, utility, and clarity of the IRS uses the information to collect and
information to be collected; (d) ways to enforce these taxes, to verify that the
SUPPLEMENTARY INFORMATION:
minimize the burden of the collection of taxes are properly computed, and to
Title: VITA/TCE Volunteer Program. compute the tax base for the estate tax.
OMB Number: 1545–2222. information on respondents, including
through the use of automated collection Current Actions: On page 4, Schedule
Form Number: Forms 8653, 8654, C, Part 2, added new entry box
14204, 13715, and 13206. techniques or other forms of information
technology; and (e) estimates of capital (Restored Exclusion Amount) for line 5.
Abstract: The Internal Revenue Type of Review: Revision of a
Service offers free assistance with tax or start-up costs and costs of operation,
maintenance, and purchase of services currently approved collection.
return preparation and tax counseling Affected Public: Individuals or
using specially trained volunteers. The to provide information.
households.
Volunteer Income Tax Assistance Approved: April 12, 2017. Estimated Number of Respondents:
(VITA) and Tax Counseling for the Laurie Brimmer, 278,500.
Elderly (TCE) programs assist seniors Senior Tax Analyst. Estimated Time per Respondent: 6.2
and individuals with low to moderate [FR Doc. 2017–08153 Filed 4–21–17; 8:45 am] hours.
incomes, those with disabilities, and Estimated Total Annual Burden
BILLING CODE 4830–01–P
those for whom English is a second Hours: 1,726,700.
language. The following paragraph applies to all
Current Actions: There is a change in DEPARTMENT OF THE TREASURY of the collections of information covered
the paperwork burden previously by this notice:
approved by OMB. The agency has Internal Revenue Service An agency may not conduct or
updated the number of respondents to sponsor, and a person is not required to
reflect the most recent data available. In Proposed Collection; Comment respond to, a collection of information
addition, no approval is being requested Request for United States Gift (and unless the collection of information
for Form 14310 as the form was made Generation-Skipping Transfer) Tax displays a valid OMB control number.
obsolete in 2016 as the process is now Return Books or records relating to a
part of Link and Learn (a self-paced e- collection of information must be
AGENCY: Internal Revenue Service (IRS), retained as long as their contents may
learning for the Volunteer Income Tax Treasury.
Assistance and Tax Counseling for the become material in the administration
Elderly (VITA/TCE) program). ACTION: Notice and request for of any internal revenue law. Generally,
Type of Review: Revision of a comments. tax returns and tax return information
currently approved collection. are confidential, as required by 26
SUMMARY: The Department of the U.S.C. 6103.
Affected Public: Individuals and Treasury, as part of its continuing effort Request for Comments: Comments
Households. to reduce paperwork and respondent submitted in response to this notice will
Estimated Number of Respondents: burden, invites the general public and be summarized and/or included in the
45,100. other Federal agencies to take this request for OMB approval. All
Estimated Average Time per opportunity to comment on proposed comments will become a matter of
Respondent: 21 minutes. and/or continuing information public record.
Estimate Total Annual Burden Hours: collections, as required by the Comments are invited on: (a) Whether
16,097. Paperwork Reduction Act of 1995. the collection of information is
The following paragraph applies to all Currently, the IRS is soliciting necessary for the proper performance of
of the collections of information covered comments concerning United States Gift the functions of the agency, including
by this notice: (and Generation-Skipping Transfer) Tax whether the information shall have
An agency may not conduct or Return. practical utility; (b) the accuracy of the
sponsor, and a person is not required to agency’s estimate of the burden of the
DATES: Written comments should be
respond to, a collection of information collection of information; (c) ways to
unless the collection of information received on or before June 23, 2017 to
be assured of consideration. enhance the quality, utility, and clarity
displays a valid OMB control number. of the information to be collected; (d)
Books or records relating to a collection ADDRESSES: Direct all written comments
to Laurie E. Brimmer, Internal Revenue ways to minimize the burden of the
of information must be retained as long collection of information on
as their contents may become material Service, Room 6526, 1111 Constitution
Avenue NW., Washington, DC 20224. respondents, including through the use
in the administration of any internal of automated collection techniques or
revenue law. Generally, tax returns and Requests for additional copies of the
form and instructions should be other forms of information technology;
tax return information are confidential, and (e) estimates of capital or start-up
as required by 26 U.S.C. 6103. directed to Martha R. Brinson, Internal
Revenue Service, Room 6526, 1111 costs and costs of operation,
Request for Comments: Comments
jstallworth on DSK7TPTVN1PROD with NOTICES

Constitution Avenue NW., Washington, maintenance, and purchase of services
submitted in response to this notice will to provide information.
be summarized and/or included in the DC 20224, or through the Internet at
request for OMB approval. All Martha.R.Brinson@irs.gov. Approved: April 17, 2017.
comments will become a matter of SUPPLEMENTARY INFORMATION: Laurie E. Brimmer,
public record. Comments are invited on: Title: United States Gift (and Senior Tax Analyst.
(a) Whether the collection of Generation-Skipping Transfer) Tax [FR Doc. 2017–08155 Filed 4–21–17; 8:45 am]
information is necessary for the proper Return. BILLING CODE 4830–01–P

VerDate Sep<11>2014 13:48 Apr 21, 2017 Jkt 241001 PO 00000 Frm 00081 Fmt 4703 Sfmt 9990 E:\FR\FM\24APN1.SGM 24APN1

Document Created: 2017-04-22 00:11:34
Document Modified: 2017-04-22 00:11:34

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 June 23, 2017 to be assured of consideration.
FR Citation		82 FR 18969

82 FR 18969 - Proposed Collection; Comment Request for United States Gift (and Generation-Skipping Transfer) Tax Return

DEPARTMENT OF THE TREASURYInternal Revenue Service

Federal Register Volume 82, Issue 77 (April 24, 2017)

DEPARTMENT OF THE TREASURY
Internal Revenue Service