82_FR_35408 82 FR 35264 - Agency Information Collection Activities; Submission for OMB Review; Comment Request; Multiple Internal Revenue Service Information Collection Requests

82 FR 35264 - Agency Information Collection Activities; Submission for OMB Review; Comment Request; Multiple Internal Revenue Service Information Collection Requests

DEPARTMENT OF THE TREASURY

Federal Register Volume 82, Issue 144 (July 28, 2017)

Page Range35264-35264
FR Document2017-15977

The Department of the Treasury will submit the following information collection requests 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 these requests.

Federal Register, Volume 82 Issue 144 (Friday, July 28, 2017) 
[Federal Register Volume 82, Number 144 (Friday, July 28, 2017)]
[Notices]
[Page 35264]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-15977]


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DEPARTMENT OF THE TREASURY


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Multiple Internal Revenue Service Information 
Collection Requests

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

ACTION: Notice.

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

SUMMARY: The Department of the Treasury will submit the following 
information collection requests 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 these requests.

DATES: Comments should be received on or before August 28, 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 from Jennifer Leonard 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: United States Gift (and Generation-Skipping Transfer) Tax 
Return.
    OMB Control Number: 1545-0020.
    Type of Review: Revision of a currently approved collection.
    Abstract: Form 709 is used by individuals to report transfers 
subject to the gift and generation-skipping transfer taxes and to 
compute these taxes. IRS uses the information to enforce these taxes 
and to compute the estate tax.
    Form: IRS Form 709.
    Affected Public: Individuals and households.
    Estimated Total Annual Burden Hours: 1,726,700.

    Title: Employer's Quarterly Federal Tax Return.
    OMB Control Number: 1545-0029.
    Type of Review: Revision of a currently approved collection.
    Abstract: Form 941 is used by employers to report payments made to 
employees subject to income and social security/Medicare taxes and the 
amounts of these taxes. Form 941-PR is used by employers in Puerto Rico 
to report social security and Medicare taxes only. Form 941-SS is used 
by employers in the U.S. possessions to report social security and 
Medicare taxes only. Schedule B is used by employers to record their 
employment tax liability. The Form 8974 was developed to determine the 
portion of the elected amount that can be claimed for the quarter on 
the Form 941.
    Form: IRS Forms 941 and 8974.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 402,024,858.

    Title: Proceeds From Broker and Barter Exchange Transactions.
    OMB Control Number: 1545-0715.
    Type of Review: Revision of a currently approved collection.
    Abstract: Form 1099-B is used by brokers and barter exchanges to 
report proceeds from transactions to the Internal Revenue Service. The 
form will be used by IRS to verify compliance with the reporting rules 
and to verify that the recipient has included the proper amount of 
income on his or her return.
    Form: IRS Form 1099-B.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 674,360,608.

    Title: Mortgage Interest Statement.
    OMB Control Number: 1545-0901.
    Type of Review: Revision of a currently approved collection.
    Abstract: Form 1098 is used to report $600 or more of mortgage 
interest received from an individual in the course of the mortgagor's 
trade or business.
    Form: IRS Form 1098.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 17,849,114.

    Title: Substitute Mortality Tables for Single Employer Defined 
Benefit Plans.
    OMB Control Number: 1545-2073.
    Type of Review: Revision of a currently approved collection.
    Abstract: Revenue Procedure 2007-37 has been updated (i.e., in 
effect, superseded) by Revenue Procedure 2008-62, 2008-42 IRB 935. 
Revenue Procedure 2007-37 may be relied on only for requests submitted 
prior to December 1, 2008. This revenue procedure describes the process 
for obtaining a letter ruling as to the acceptability of substitute 
mortality tables under section 430(h)(3)(C) of the Code.
    Form: None.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 60,000.

    Title: Generic Clearance for the Collection of Qualitative Feedback 
on Agency Service Delivery.
    OMB Control Number: 1545-2208.
    Type of Review: Revision 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 and households.
    Estimated Total Annual Burden Hours: 15,000.

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

    Dated: July 25, 2017.
Spencer W. Clark,
Treasury PRA Clearance Officer.
[FR Doc. 2017-15977 Filed 7-27-17; 8:45 am]
 BILLING CODE 4830-01-P

35264 Federal Register / Vol. 82, No. 144 / Friday, July 28, 2017 / Notices Form: None. Abstract: Form 709 is used by Estimated Total Annual Burden Affected Public: Individuals and individuals to report transfers subject to Hours: 17,849,114. households. the gift and generation-skipping transfer Title: Substitute Mortality Tables for Estimated Total Annual Burden taxes and to compute these taxes. IRS Single Employer Defined Benefit Plans. Hours: 10,000. uses the information to enforce these OMB Control Number: 1545–2073. Authority: 44 U.S.C. 3501 et seq. taxes and to compute the estate tax. Type of Review: Revision of a Form: IRS Form 709. currently approved collection. Dated: July 25, 2017. Affected Public: Individuals and Abstract: Revenue Procedure 2007–37 Spencer W. Clark, households. has been updated (i.e., in effect, Treasury PRA Clearance Officer. Estimated Total Annual Burden superseded) by Revenue Procedure [FR Doc. 2017–15976 Filed 7–27–17; 8:45 am] Hours: 1,726,700. 2008–62, 2008–42 IRB 935. Revenue BILLING CODE 4810–AS–P Title: Employer’s Quarterly Federal Procedure 2007–37 may be relied on Tax Return. only for requests submitted prior to OMB Control Number: 1545–0029. December 1, 2008. This revenue DEPARTMENT OF THE TREASURY Type of Review: Revision of a procedure describes the process for Agency Information Collection currently approved collection. obtaining a letter ruling as to the Activities; Submission for OMB Abstract: Form 941 is used by acceptability of substitute mortality Review; Comment Request; Multiple employers to report payments made to tables under section 430(h)(3)(C) of the Internal Revenue Service Information employees subject to income and social Code. Collection Requests security/Medicare taxes and the Form: None. amounts of these taxes. Form 941–PR is Affected Public: Businesses or other AGENCY: Departmental Offices, U.S. used by employers in Puerto Rico to for-profits. Department of the Treasury. report social security and Medicare Estimated Total Annual Burden ACTION: Notice. taxes only. Form 941–SS is used by Hours: 60,000. employers in the U.S. possessions to Title: Generic Clearance for the SUMMARY: The Department of the report social security and Medicare Collection of Qualitative Feedback on Treasury will submit the following taxes only. Schedule B is used by Agency Service Delivery. information collection requests to the employers to record their employment OMB Control Number: 1545–2208. Office of Management and Budget tax liability. The Form 8974 was Type of Review: Revision of a (OMB) for review and clearance in developed to determine the portion of currently approved collection. accordance with the Paperwork the elected amount that can be claimed Abstract: This collection of Reduction Act of 1995, on or after the for the quarter on the Form 941. information is necessary to enable the date of publication of this notice. The Form: IRS Forms 941 and 8974. Agency to garner customer and public is invited to submit comments on Affected Public: Businesses or other stakeholder feedback in an efficient, these requests. for-profits. timely manner, in accordance with our DATES: Comments should be received on Estimated Total Annual Burden commitment to improving service or before August 28, 2017 to be assured Hours: 402,024,858. delivery. The information collected of consideration. Title: Proceeds From Broker and from our customers and stakeholders ADDRESSES: Send comments regarding Barter Exchange Transactions. will help ensure that users have an the burden estimate, or any other aspect OMB Control Number: 1545–0715. effective, efficient, and satisfying of the information collection, including Type of Review: Revision of a experience with the Agency’s programs. suggestions for reducing the burden, to currently approved collection. Form: None. (1) Office of Information and Regulatory Abstract: Form 1099–B is used by Affected Public: Individuals and Affairs, Office of Management and brokers and barter exchanges to report households. Budget, Attention: Desk Officer for proceeds from transactions to the Estimated Total Annual Burden Treasury, New Executive Office Internal Revenue Service. The form will Hours: 15,000. Building, Room 10235, Washington, DC be used by IRS to verify compliance Authority: 44 U.S.C. 3501 et seq. 20503, or email at OIRA_Submission@ with the reporting rules and to verify OMB.EOP.gov and (2) Treasury PRA Dated: July 25, 2017. that the recipient has included the Clearance Officer, 1750 Pennsylvania proper amount of income on his or her Spencer W. Clark, Ave. NW., Suite 8142, Washington, DC return. Treasury PRA Clearance Officer. 20220, or email at PRA@treasury.gov. Form: IRS Form 1099–B. [FR Doc. 2017–15977 Filed 7–27–17; 8:45 am] FOR FURTHER INFORMATION CONTACT: Affected Public: Businesses or other BILLING CODE 4830–01–P Copies of the submissions may be for-profits. obtained from Jennifer Leonard by Estimated Total Annual Burden emailing PRA@treasury.gov, calling Hours: 674,360,608. DEPARTMENT OF THE TREASURY (202) 622–0489, or viewing the entire Title: Mortgage Interest Statement. information collection request at Agency Information Collection OMB Control Number: 1545–0901. www.reginfo.gov. Activities; Submission for OMB Type of Review: Revision of a Review; Comment Request; Multiple asabaliauskas on DSKBBXCHB2PROD with NOTICES SUPPLEMENTARY INFORMATION: currently approved collection. Departmental Offices Information Abstract: Form 1098 is used to report Internal Revenue Service (IRS) Collection Requests $600 or more of mortgage interest Title: United States Gift (and received from an individual in the AGENCY: Departmental Offices, U.S. Generation-Skipping Transfer) Tax course of the mortgagor’s trade or Department of the Treasury. Return. business. ACTION: Notice. OMB Control Number: 1545–0020. Form: IRS Form 1098. Type of Review: Revision of a Affected Public: Businesses or other SUMMARY: The Department of the currently approved collection. for-profits. Treasury will submit the following VerDate Sep<11>2014 18:50 Jul 27, 2017 Jkt 241001 PO 00000 Frm 00093 Fmt 4703 Sfmt 4703 E:\FR\FM\28JYN1.SGM 28JYN1


Document Created: 2017-07-28 03:10:07
Document Modified: 2017-07-28 03:10:07
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 August 28, 2017 to be assured of consideration.
ContactCopies of the submissions may be obtained from Jennifer Leonard by emailing [email protected], calling (202) 622-0489, or viewing the entire information collection request at www.reginfo.gov.
FR Citation82 FR 35264 
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