82_FR_23585 82 FR 23488 - Agency Information Collection Activities; Submission for OMB Review; Comment Request; Multiple IRS Information Collection Requests

82 FR 23488 - Agency Information Collection Activities; Submission for OMB Review; Comment Request; Multiple IRS Information Collection Requests

DEPARTMENT OF THE TREASURY

Federal Register Volume 82, Issue 97 (May 22, 2017)

Page Range23488-23489
FR Document2017-10359

The Department of the Treasury will submit the following information collection request(s) to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, on or after the date of publication of this notice. The public is invited to submit comments on the collection(s) listed below.

Federal Register, Volume 82 Issue 97 (Monday, May 22, 2017) 
[Federal Register Volume 82, Number 97 (Monday, May 22, 2017)]
[Notices]
[Pages 23488-23489]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-10359]


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DEPARTMENT OF THE TREASURY


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Multiple IRS Information Collection Requests

AGENCY: Departmental Offices, U.S. Department of the Treasury.

ACTION: Notice.

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SUMMARY: The Department of the Treasury will submit the following 
information collection request(s) to the Office of Management and 
Budget (OMB) for review and clearance in accordance with the Paperwork 
Reduction Act of 1995, on or after the date of publication of this 
notice. The public is invited to submit comments on the collection(s) 
listed below.

DATES: Comments should be received on or before June 21, 2017 to be 
assured of consideration.

ADDRESSES: Send comments regarding the burden estimate, or any other 
aspect of the information collection, including suggestions for 
reducing the burden, to (1) Office of Information and Regulatory 
Affairs, Office of Management and Budget, Attention: Desk Officer for 
Treasury, New Executive Office Building, Room 10235, Washington, DC 
20503, or email at [email protected] and (2) Treasury PRA 
Clearance Officer, 1750 Pennsylvania Ave. NW., Suite 8142, Washington, 
DC 20220, or email at [email protected].

FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be 
obtained by emailing [email protected], calling (202) 622-0489, or 
viewing the entire information collection request at www.reginfo.gov.

SUPPLEMENTARY INFORMATION: 

Internal Revenue Service (IRS)

    Title: Form 2032--Contract Coverage Under Title II of the Social 
Security Act.
    OMB Control Number: 1545-0137.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: U.S. citizens and resident aliens employed abroad by 
foreign affiliates of American employers are exempt from social 
security taxes. Under Internal Revenue Code section 3121(1), American 
employers may file an agreement on Form 2032 to waive this exemption 
and obtain social security coverage for U.S. citizens and resident 
aliens employed abroad by their foreign affiliates. The American 
employers can later file Form 2032 to cover additional foreign 
affiliates as an amendment to their original agreement.
    Form: 2032.
    Affected Public: Individuals or Households.
    Estimated Total Annual Burden Hours: 158.

    Title: Form 4562--Depreciation and Amortization (Including 
Information on Listed Property).
    OMB Control Number: 1545-0172.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: Taxpayers use Form 4562 to: claim a deduction for 
depreciation and/or amortization; make a section 179

[[Page 23489]]

election to expense depreciable assets; and answer questions regarding 
the use of automobiles and other listed property to substantiate the 
business use under section 274(d).
    Form: 4562.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 488,368,447.

    Title: Application for Reward for Original Information.
    OMB Control Number: 1545-0409.
    Type of Review: Form 211 is the official application form used by 
persons requesting rewards for submitting information concerning 
alleged violations of the tax laws by other persons. Such rewards are 
authorized by Internal Revenue Code Section 7623. The data is used to 
determine and pay rewards to those persons who voluntarily submit 
information.
    Form: 211.
    Affected Public: Individuals or Households.
    Estimated Total Annual Burden Hours: 15,000.

    Title: 26 CFR 31.6001-1 Records in general; 26 CFR 31.6001-2 
Additional Records under FICA; 26 CFR 31.6001-3, Additional records 
under Railroad Retirement Tax Act; 26 CFR 31.6001-5 Additional records.
    OMB Control Number: 1545-0798.
    Type of Review: IRC section 6001 requires, in part, that every 
person liable for tax, or for the collection of that tax keep such 
records and comply with such rules and regulations as the Secretary may 
from time to time prescribe. 26 CFR 31.6001 has special application to 
employment taxes. These records are needed to ensure compliance with 
the Code.
    Form: None.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 30,275,950.

    Title: TD 8556 (Final)--Computation and Characterization of Income 
and Earnings and Profits Under the Dollar Approximate Separate 
Transactions Method of Accounting (DASTM).
    OMB Control Number: 1545-1051.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: For taxable years after the final regulations are 
effective, taxpayers operating in hyperinflationary currencies must use 
the U.S. dollar as their functional currency and compute income using 
the dollar approximate separate transactions method (DASTM). Small 
taxpayers may elect an alternate method by which to compute income or 
loss. For prior taxable years in which income was computed using the 
profit and loss method, taxpayers may elect to recompute their income 
using DASTM.
    Form: None.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 1,000.

    Title: Application for Extension of Time to File Information 
Returns.
    OMB Control Number: 1545-1081.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: Form 8809 is used to request an extension of time to file 
Forms W-2, W-2G, 1042-S, 1094-C, 1095, 1097, 1098, 1099, 3921, 3922, 
5498, and 8027. The IRS reviews the information contained on the form 
to determine whether an extension should be granted.
    Form: 8809.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 237,000.

    Title: PS-19-92 (TD 9420-Final) Carryover Allocations and Other 
Rules Relating to the Low-Income Housing Credit.
    OMB Control Number: 1545-1102.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: This document contains final regulations that amend the 
utility allowances regulations concerning the low-income housing tax 
credit. The final regulations update the utility allowance regulations 
to provide new options for estimating tenant utility costs. The final 
regulations affect owners of low-income housing projects who claim the 
credit, the tenants in those low-income housing projects, and the State 
and local housing credit agencies that administer the credit.
    Form: None.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 4,008.

    Title: Capitalization of Interest.
    OMB Control Number: 1545-1265.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: The regulations require taxpayers to maintain 
contemporaneous written records of estimates, to file a ruling request 
to segregate activities in applying the interest capitalization rules, 
and to request the consent of the Commissioner to change their methods 
of accounting for the capitalization of interest.
    Form: None.
    Affected Public: Individuals or Households.
    Estimated Total Annual Burden Hours: 116,767.

    Title: Collection of Qualitative Feedback on Agency Service 
Delivery.
    OMB Control Number: 1545-2256.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: This collection of information is necessary to enable the 
Agency to garner customer and stakeholder feedback in an efficient, 
timely manner, in accordance with our commitment to improving service 
delivery. The information collected from our customers and stakeholders 
will help ensure that users have an effective, efficient, and 
satisfying experience with the Agency's programs.
    Form: None.
    Affected Public: Individuals or Households.
    Estimated Total Annual Burden Hours: 266,680.


    Authority: 44 U.S.C. 3501 et seq.

    Dated: May 17, 2017.
Jennifer P. Leonard,
Treasury PRA Clearance Officer.
[FR Doc. 2017-10359 Filed 5-19-17; 8:45 am]
BILLING CODE 4830-01-P

23488 Federal Register / Vol. 82, No. 97 / Monday, May 22, 2017 / Notices Frequency: One information set to using any aircraft with a designed Office of Management and Budget retain per year for each respondent. seating capacity of 30 or more seats. To (OMB) for review and clearance in 4. Requires that each large U.S. carrier be covered, the tarmac delay must have accordance with the Paperwork display on its Web site, at a point before occurred at a U.S. large hub, medium Reduction Act of 1995, on or after the the consumer selects a flight for hub, small hub or non-hub airport. date of publication of this notice. The purchase, the following information for Number of Respondents: 61 U.S. and public is invited to submit comments on each listed flight regarding its on-time 70 foreign carriers. the collection(s) listed below. performance during the last reported Estimated Annual Burden on DATES: Comments should be received on month: The percentage of arrivals that Respondents: 0.0 to 22.0 hours per U.S. or before June 21, 2017 to be assured of were on time (within 15 minutes of respondent (the latter if 44 three-hour consideration. scheduled arrival time), the percentage plus tarmac delays must be reported) ADDRESSES: Send comments regarding of arrivals that were more than 30 and 0.0 to 4 hours per foreign the burden estimate, or any other aspect minutes late (with special highlighting respondent (the latter if 8 three-hour of the information collection, including if the flight was more than 30 minutes plus tarmac delays must be reported). suggestions for reducing the burden, to late more than 50 percent of the time), This is estimating that each report takes (1) Office of Information and Regulatory and the percentage of flight 30 minutes to submit. Affairs, Office of Management and cancellations if the flight is cancelled Estimated Total Annual Burden: 106 Budget, Attention: Desk Officer for more than 5% of the time. In addition, hours (6,360 minutes) for all Treasury, New Executive Office a marketing/reporting carrier display respondents. Frequency: One information set to Building, Room 10235, Washington, DC delay data for its non-reporting code- 20503, or email at OIRA_Submission@ share carrier(s). (234.11) submit per incident for each respondent that experiences a tarmac delay of 3 OMB.EOP.gov and (2) Treasury PRA Title: Displaying On-time hours or more (212 three-hour plus Clearance Officer, 1750 Pennsylvania performance Information on Carrier tarmac delay reports total were Ave. NW., Suite 8142, Washington, DC Web site. submitted in CY16 to the Bureau of 20220, or email at PRA@treasury.gov. Respondents: Currently every U.S. carrier that accounts for at least one Transportation Statistics). FOR FURTHER INFORMATION CONTACT: percent of scheduled passenger revenue We invite comments on (a) whether Copies of the submissions may be and maintains a Web site.1 the collection of information is obtained by emailing PRA@treasury.gov, Number of Respondents: 12 carriers. necessary for the proper performance of calling (202) 622–0489, or viewing the Estimated Annual Burden on the functions of the Department, entire information collection request at Respondents: 2 hours per month (24 including whether the information will www.reginfo.gov. hours) to cover both updates of a have practical utility; (b) the accuracy of SUPPLEMENTARY INFORMATION: carrier’s own delay data and updates of the Department’s estimate of the burden Internal Revenue Service (IRS) code-share delay data. of the proposed information collection; Estimated Total Annual Burden: No (c) ways to enhance the quality, utility Title: Form 2032—Contract Coverage more than 288 hours (17,280 minutes) a and clarity of the information to be Under Title II of the Social Security Act. year for all respondents. The estimate collected; and (d) ways to minimize the OMB Control Number: 1545–0137. was calculated by multiplying the total burden of the collection of information Type of Review: Extension without number of hours per carrier per year for on respondents, including the use of change of a currently approved management of data links (24) by the automated collection techniques or collection. number of covered carriers (12). other forms of information technology. Abstract: U.S. citizens and resident Frequency: Updating information for All responses to this notice will be aliens employed abroad by foreign each flight listed on Web site 12 times summarized and included in the request affiliates of American employers are per year (1 time per month) for each for OMB approval. All comments will exempt from social security taxes. respondent (for both own carrier delay also become a matter of public record on Under Internal Revenue Code section data and code-share delay data). the docket. 3121(1), American employers may file 5. Requirement that certain carriers an agreement on Form 2032 to waive Issued this 9th day of May, 2017, at report tarmac delay data for tarmac this exemption and obtain social Washington, DC. delays exceeding 3 hours to the security coverage for U.S. citizens and Blane Workie, Department on a monthly basis. (244.2) resident aliens employed abroad by Title: Reporting Tarmac Delay Data for Assistant General Counsel for Aviation their foreign affiliates. The American Enforcement and Proceedings. Tarmac Delays Exceeding 3 Hours employers can later file Form 2032 to Respondents: U.S. carriers that [FR Doc. 2017–10344 Filed 5–19–17; 8:45 am] cover additional foreign affiliates as an operate scheduled passenger service or BILLING CODE 4910–9X–P amendment to their original agreement. public charter service using any aircraft Form: 2032. with a designed seating capacity of 30 Affected Public: Individuals or or more seats, and foreign air carriers DEPARTMENT OF THE TREASURY Households. that operate scheduled passenger Estimated Total Annual Burden service to and from the United States Agency Information Collection Hours: 158. Activities; Submission for OMB Title: Form 4562—Depreciation and 1 On January 1, 2018, covered carriers (i.e. Review; Comment Request; Multiple Amortization (Including Information on ‘‘reporting carriers’’) will include air carriers that IRS Information Collection Requests Listed Property). mstockstill on DSK30JT082PROD with NOTICES operate scheduled passenger service that accounts for at least 0.5 percent and less than 1.0 percent of AGENCY: Departmental Offices, U.S. OMB Control Number: 1545–0172. domestic scheduled passenger revenue and that Department of the Treasury. Type of Review: Extension without market flights directly to consumers via a Web site. ACTION: Notice. change of a currently approved The requirement will be included as part of this collection. reinstated OMB Control Number. However, the requirement will not impact newly reporting SUMMARY: The Department of the Abstract: Taxpayers use Form 4562 to: carriers that do not maintain a Web site that Treasury will submit the following claim a deduction for depreciation and/ displays flight schedules. information collection request(s) to the or amortization; make a section 179 VerDate Sep<11>2014 23:17 May 19, 2017 Jkt 241001 PO 00000 Frm 00319 Fmt 4703 Sfmt 4703 E:\FR\FM\22MYN1.SGM 22MYN1

Federal Register / Vol. 82, No. 97 / Monday, May 22, 2017 / Notices 23489 election to expense depreciable assets; method by which to compute income or Form: None. and answer questions regarding the use loss. For prior taxable years in which Affected Public: Individuals or of automobiles and other listed property income was computed using the profit Households. to substantiate the business use under and loss method, taxpayers may elect to Estimated Total Annual Burden section 274(d). recompute their income using DASTM. Hours: 116,767. Form: 4562. Form: None. Title: Collection of Qualitative Affected Public: Businesses or other Affected Public: Businesses or other Feedback on Agency Service Delivery. for-profits. for-profits. OMB Control Number: 1545–2256. Estimated Total Annual Burden Estimated Total Annual Burden Type of Review: Extension without Hours: 488,368,447. Hours: 1,000. change of a currently approved Title: Application for Reward for Title: Application for Extension of collection. Original Information. Time to File Information Returns. Abstract: This collection of OMB Control Number: 1545–0409. OMB Control Number: 1545–1081. information is necessary to enable the Type of Review: Form 211 is the Type of Review: Extension without Agency to garner customer and official application form used by change of a currently approved stakeholder feedback in an efficient, persons requesting rewards for collection. timely manner, in accordance with our submitting information concerning Abstract: Form 8809 is used to request commitment to improving service alleged violations of the tax laws by an extension of time to file Forms W– delivery. The information collected other persons. Such rewards are 2, W–2G, 1042–S, 1094–C, 1095, 1097, from our customers and stakeholders authorized by Internal Revenue Code 1098, 1099, 3921, 3922, 5498, and 8027. will help ensure that users have an Section 7623. The data is used to The IRS reviews the information effective, efficient, and satisfying determine and pay rewards to those contained on the form to determine experience with the Agency’s programs. persons who voluntarily submit whether an extension should be granted. Form: None. Affected Public: Individuals or information. Form: 8809. Households. Form: 211. Affected Public: Businesses or other Estimated Total Annual Burden Affected Public: Individuals or for-profits. Hours: 266,680. Households. Estimated Total Annual Burden Estimated Total Annual Burden Hours: 237,000. Authority: 44 U.S.C. 3501 et seq. Hours: 15,000. Title: PS–19–92 (TD 9420–Final) Dated: May 17, 2017. Title: 26 CFR 31.6001–1 Records in Carryover Allocations and Other Rules Jennifer P. Leonard, general; 26 CFR 31.6001–2 Additional Relating to the Low-Income Housing Treasury PRA Clearance Officer. Records under FICA; 26 CFR 31.6001– Credit. [FR Doc. 2017–10359 Filed 5–19–17; 8:45 am] 3, Additional records under Railroad OMB Control Number: 1545–1102. BILLING CODE 4830–01–P Retirement Tax Act; 26 CFR 31.6001–5 Type of Review: Extension without Additional records. change of a currently approved OMB Control Number: 1545–0798. collection. Type of Review: IRC section 6001 Abstract: This document contains DEPARTMENT OF VETERANS requires, in part, that every person liable final regulations that amend the utility AFFAIRS for tax, or for the collection of that tax allowances regulations concerning the [OMB Control No. 2900—NEW] keep such records and comply with low-income housing tax credit. The such rules and regulations as the final regulations update the utility Agency Information Collection Secretary may from time to time allowance regulations to provide new Activity: Study on Provision of prescribe. 26 CFR 31.6001 has special options for estimating tenant utility Interments in Veterans’ Cemeteries application to employment taxes. These costs. The final regulations affect During Weekends records are needed to ensure owners of low-income housing projects AGENCY: National Cemetery compliance with the Code. who claim the credit, the tenants in Administration, Department of Veterans Form: None. those low-income housing projects, and Affairs. Affected Public: Businesses or other the State and local housing credit ACTION: Emergency Clearance for-profits. agencies that administer the credit. Notification. Estimated Total Annual Burden Form: None. Hours: 30,275,950. Affected Public: Businesses or other SUMMARY: In compliance with the Title: TD 8556 (Final)—Computation for-profits. Paperwork Reduction Act (PRA) of and Characterization of Income and Estimated Total Annual Burden 1995, the Department of Veterans Earnings and Profits Under the Dollar Hours: 4,008. Affairs (VA) is providing notice of its Approximate Separate Transactions Title: Capitalization of Interest. agency request for emergency clearance Method of Accounting (DASTM). OMB Control Number: 1545–1265. for the ‘‘Study on Provision of OMB Control Number: 1545–1051. Type of Review: Extension without Interments in Veterans’ Cemeteries Type of Review: Extension without change of a currently approved during Weekends’’ under the National change of a currently approved collection. Cemetery Administration (NCA). In collection. Abstract: The regulations require response to the requirements of Public Abstract: For taxable years after the taxpayers to maintain contemporaneous Law 114–315, enacted December 16, mstockstill on DSK30JT082PROD with NOTICES final regulations are effective, taxpayers written records of estimates, to file a 2016, it is a requirement to conduct a operating in hyperinflationary ruling request to segregate activities in study of interest in initiating a weekend currencies must use the U.S. dollar as applying the interest capitalization burial option in VA national cemeteries. their functional currency and compute rules, and to request the consent of the Specifically, Section 304 calls for the income using the dollar approximate Commissioner to change their methods study on provision of interments to separate transactions method (DASTM). of accounting for the capitalization of include consultation with interested Small taxpayers may elect an alternate interest. agencies and members of the public. VerDate Sep<11>2014 23:17 May 19, 2017 Jkt 241001 PO 00000 Frm 00320 Fmt 4703 Sfmt 4703 E:\FR\FM\22MYN1.SGM 22MYN1


Document Created: 2018-11-08 08:50:13
Document Modified: 2018-11-08 08:50:13
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.
DatesComments should be received on or before June 21, 2017 to be assured of consideration.
ContactCopies of the submissions may be obtained by emailing [email protected], calling (202) 622-0489, or viewing the entire information collection request at www.reginfo.gov.
FR Citation82 FR 23488 
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