82 FR 44490 - Proposed Collection; Comment Request for Form 8823

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 82, Issue 183 (September 22, 2017)

Page Range		44490-44491
FR Document		2017-20244

The Internal Revenue Service, 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 Form 8823, Low-Income Housing Credit Agencies Report of Noncompliance or Building Disposition.

Federal Register, Volume 82 Issue 183 (Friday, September 22, 2017)

[Federal Register Volume 82, Number 183 (Friday, September 22, 2017)]
[Notices]
[Pages 44490-44491]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-20244]


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

DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 8823

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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

SUMMARY: The Internal Revenue Service, 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 Form 8823, Low-Income Housing Credit Agencies 
Report of Noncompliance or Building Disposition.

DATES: Written comments should be received on or before November 21, 
2017 to be assured of consideration.

ADDRESSES: Direct all written comments to, L. Brimmer, Internal Revenue 
Service, Room 6526, 1111 Constitution Avenue NW., Washington, DC 20224. 
Requests for additional information or copies of the form and 
instructions should be directed to, LaNita Van Dyke, or through the 
internet at [email protected].

SUPPLEMENTARY INFORMATION: 
    Title: Low-Income Housing Credit Agencies Report of Noncompliance 
or Building Disposition.

[[Page 44491]]

    OMB Number: 1545-1204.
    Form Number: 8823.
    Abstract: Under Internal Revenue Code section 42(m)(1)(B)(iii), 
state housing credit agencies are required to notify the IRS of 
noncompliance with the low-income housing tax credit provisions. A 
separate form must be filed for each building that is not in 
compliance. The IRS uses this information to determine whether the low-
income housing credit is being correctly claimed and whether there is 
any credit recapture.
    Current Actions: There are no changes to this form at this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: State or local government housing credit agencies.
    Estimated Number of Respondents: 20,000.
    Estimated Time per Respondent: 15.16 hours.
    Estimated Total Annual Burden Hours: 303,200.
    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: September 13, 2017.
L. Brimmer,
Senior Tax Analyst.
[FR Doc. 2017-20244 Filed 9-21-17; 8:45 am]
 BILLING CODE 4830-01-P

44490 Federal Register / Vol. 82, No. 183 / Friday, September 22, 2017 / Notices

SRI concluded by expressing the DATES: Written comments should be public record. Comments are invited on:
belief that the subject noncompliance is received on or before November 21, (a) Whether the collection of
inconsequential as it relates to motor 2017 to be assured of consideration. information is necessary for the proper
vehicle safety, and that its petition to be ADDRESSES: Direct all written comments performance of the functions of the
exempted from providing notification of to L. Brimmer, Internal Revenue agency, including whether the
the noncompliance, as required by 49 Service, Room 6526, 1111 Constitution information shall have practical utility;
U.S.C. 30118, and a remedy for the Avenue NW., Washington, DC 20224. (b) the accuracy of the agency’s estimate
noncompliance, as required by 49 Requests for additional information or of the burden of the collection of
U.S.C. 30120, should be granted. copies of the information collection information; (c) ways to enhance the
NHTSA notes that the statutory should be directed to LaNita Van Dyke, quality, utility, and clarity of the
provisions (49 U.S.C. 30118(d) and or at Internal Revenue Service, Room information to be collected; (d) ways to
30120(h)) that permit manufacturers to 6526, 1111 Constitution Avenue NW., minimize the burden of the collection of
file petitions for a determination of Washington, DC 20224, or through the information on respondents, including
inconsequentiality allow NHTSA to internet, at Lanita.VanDyke@irs.gov. through the use of automated collection
exempt manufacturers only from the SUPPLEMENTARY INFORMATION: techniques or other forms of information
duties found in sections 30118 and Title: Treatment of Gain From the technology; and (e) estimates of capital
30120, respectively, to notify owners, Disposition of Interest in Certain or start-up costs and costs of operation,
purchasers, and dealers of a defect or Natural Resource Recapture Property by maintenance, and purchase of services
noncompliance and to remedy the S Corporations and Their Shareholders. to provide information.
defect or noncompliance. Therefore, any OMB Number: 1545–1493. Approved: September 13, 2017.
decision on this petition only applies to Regulation Project Number: T.D. 8684. L. Brimmer,
the subject tires that SRI no longer Abstract: This regulation prescribes Senior Tax Analyst.
controlled at the time it determined that rules under Code section 1254 relating [FR Doc. 2017–20241 Filed 9–21–17; 8:45 am]
the noncompliance existed. However, to the treatment by S corporations and BILLING CODE 4830–01–P
any decision on this petition does not their shareholders of gain from the
relieve equipment distributors and disposition of natural resource recapture
dealers of the prohibitions on the sale, property and from the sale or exchange DEPARTMENT OF THE TREASURY
offer for sale, or introduction or delivery of S corporation stock. Section 1.1254–
for introduction into interstate 4(c)(2) of the regulation provides that Internal Revenue Service
commerce of the noncompliant tires gain recognized on the sale or exchange
under their control after SRI notified of S corporation stock is not treated as Proposed Collection; Comment
them that the subject noncompliance ordinary income if the shareholder Request for Form 8823
existed. attaches a statement to his or her return AGENCY: Internal Revenue Service (IRS),
Authority: (49 U.S.C. 30118, 30120: containing information establishing that Treasury.
delegations of authority at 49 CFR 1.95 and the gain is not attributable to section
501.8) ACTION: Notice and request for
1254 costs.
Current Actions: There is no change to comments.
Jeffrey M. Giuseppe,
this existing regulation. SUMMARY: The Internal Revenue Service,
Director, Office of Vehicle Safety Compliance.
Type of Review: Extension of a as part of its continuing effort to reduce
[FR Doc. 2017–20248 Filed 9–21–17; 8:45 am]
currently approved collection. paperwork and respondent burden,
BILLING CODE 4910–59–P Affected Public: Business or other for- invites the general public and other
profit organizations, and individuals. Federal agencies to take this
Estimated Number of Respondents: opportunity to comment on proposed
1,000. and/or continuing information
DEPARTMENT OF THE TREASURY Estimated Time per Respondent: 1 collections, as required by the
Internal Revenue Service hour. Paperwork Reduction Act of 1995.
Estimated Total Annual Burden Currently, the IRS is soliciting
Proposed Collection; Comment Hours: 1,000. comments concerning Form 8823, Low-
Request for Regulation Project The following paragraph applies to all Income Housing Credit Agencies Report
of the collections of information covered of Noncompliance or Building
AGENCY: Internal Revenue Service (IRS), by this notice: Disposition.
Treasury. An agency may not conduct or
sponsor, and a person is not required to DATES: Written comments should be
ACTION: Notice and request for
respond to, a collection of information received on or before November 21,
comments.
unless the collection of information 2017 to be assured of consideration.
SUMMARY: The Internal Revenue Service, displays a valid OMB control number. ADDRESSES: Direct all written comments
as part of its effort to reduce paperwork Books or records relating to a collection to, L. Brimmer, Internal Revenue
and respondent burden, invites the of information must be retained as long Service, Room 6526, 1111 Constitution
general public and Federal agencies to as their contents may become material Avenue NW., Washington, DC 20224.
take this opportunity to comment on in the administration of any internal Requests for additional information or
proposed and/or continuing information revenue law. Generally, tax returns and copies of the form and instructions
collections, as required by the tax return information are confidential, should be directed to, LaNita Van Dyke,
Paperwork Reduction Act of 1995. The as required by 26 U.S.C. 6103. or through the internet at
IRS is soliciting comments concerning Request for Comments: Comments LanitaVanDyke@irs.gov.
Treatment of Gain From the Disposition submitted in response to this notice will SUPPLEMENTARY INFORMATION:
of Interest in Certain Natural Resource be summarized and/or included in the Title: Low-Income Housing Credit
Recapture Property by S Corporations request for OMB approval. All Agencies Report of Noncompliance or
and Their Shareholders. comments will become a matter of Building Disposition.

VerDate Sep<11>2014 18:11 Sep 21, 2017 Jkt 241001 PO 00000 Frm 00115 Fmt 4703 Sfmt 4703 E:\FR\FM\22SEN1.SGM 22SEN1

Federal Register / Vol. 82, No. 183 / Friday, September 22, 2017 / Notices 44491

OMB Number: 1545–1204. Approved: September 13, 2017. Estimated Number of Respondents:
Form Number: 8823. L. Brimmer, 119,936.
Senior Tax Analyst. Estimated Time per Respondent: 36
Abstract: Under Internal Revenue hrs, 40 minutes.
[FR Doc. 2017–20244 Filed 9–21–17; 8:45 am]
Code section 42(m)(1)(B)(iii), state Estimated Total Annual Burden
housing credit agencies are required to BILLING CODE 4830–01–P
Hours: 4,396,854.
notify the IRS of noncompliance with The following paragraph applies to all
the low-income housing tax credit of the collections of information covered
DEPARTMENT OF THE TREASURY
provisions. A separate form must be by this notice:
filed for each building that is not in Internal Revenue Service An agency may not conduct or
compliance. The IRS uses this sponsor, and a person is not required to
information to determine whether the Proposed Collection; Comment respond to, a collection of information
low-income housing credit is being Request for Form 1041–A unless the collection of information
correctly claimed and whether there is displays a valid OMB control number.
any credit recapture. AGENCY: Internal Revenue Service (IRS), Books or records relating to a collection
Treasury. of information must be retained as long
Current Actions: There are no changes
ACTION: Notice and request for as their contents may become material
to this form at this time.
comments. in the administration of any internal
Type of Review: Extension of a
SUMMARY: The Internal Revenue Service, revenue law. Generally, tax returns and
currently approved collection.
as part of its continuing effort to reduce tax return information are confidential,
Affected Public: State or local as required by 26 U.S.C. 6103.
government housing credit agencies. paperwork and respondent burden,
Request for Comments: Comments
invites the general public and other
Estimated Number of Respondents: submitted in response to this notice will
Federal agencies to take this
20,000. be summarized and/or included in the
opportunity to comment on proposed
Estimated Time per Respondent: request for OMB approval. All
and/or continuing information
15.16 hours. comments will become a matter of
collections, as required by the
public record. Comments are invited on:
Estimated Total Annual Burden Paperwork Reduction Act of 1995.
(a) Whether the collection of
Hours: 303,200. Currently, the IRS is soliciting
information is necessary for the proper
comments concerning U.S. information
The following paragraph applies to all performance of the functions of the
return-trust accumulation of charitable
of the collections of information covered agency, including whether the
amounts.
by this notice: information shall have practical utility;
DATES: Written comments should be (b) the accuracy of the agency’s estimate
An agency may not conduct or
received on or before November 21, of the burden of the collection of
sponsor, and a person is not required to
2017 to be assured of consideration. information; (c) ways to enhance the
respond to, a collection of information
unless the collection of information ADDRESSES: Direct all written comments quality, utility, and clarity of the
displays a valid OMB control number. to L. Brimmer, Internal Revenue information to be collected; (d) ways to
Books or records relating to a collection Service, Room 6526, 1111 Constitution minimize the burden of the collection of
of information must be retained as long Avenue NW., Washington, DC 20224. information on respondents, including
as their contents may become material Requests for additional information or through the use of automated collection
in the administration of any internal copies of the form and instructions techniques or other forms of information
revenue law. Generally, tax returns and should be directed to LaNita Van Dyke technology; and (e) estimates of capital
tax return information are confidential, at Internal Revenue Service, Room 6526, or start-up costs and costs of operation,
as required by 26 U.S.C. 6103. 1111 Constitution Avenue NW., maintenance, and purchase of services
Washington, DC 20224, or through the to provide information.
Request for Comments: Comments internet at Lanita.VanDyke@irs.gov.
submitted in response to this notice will Approved: September 13, 2017.
SUPPLEMENTARY INFORMATION: L. Brimmer,
be summarized and/or included in the Title: U.S. Information Return-Trust
request for OMB approval. All Senior Tax Analyst.
Accumulation of Charitable Amounts.
comments will become a matter of OMB Number: 1545–0094. [FR Doc. 2017–20243 Filed 9–21–17; 8:45 am]
public record. Comments are invited on: Form Number: 1041–A. BILLING CODE 4830–01–P
(a) Whether the collection of Abstract: Form 1041–A is used to
information is necessary for the proper report the information required in
performance of the functions of the Internal Revenue Code section 6034 DEPARTMENT OF THE TREASURY
agency, including whether the concerning accumulation and
information shall have practical utility; Agency Information Collection
distribution of charitable amounts. The
(b) the accuracy of the agency’s estimate Activities; Submission for OMB
data is used to verify the amounts for
of the burden of the collection of Review; Comment Request; U.S.
which a charitable deduction was
information; (c) ways to enhance the Treasury Auctions Submitter
allowed are used for charitable
quality, utility, and clarity of the Agreement
purposes.
information to be collected; (d) ways to Current Actions: There is no change AGENCY: Departmental Offices, U.S.
minimize the burden of the collection of in the paperwork burden previously Department of the Treasury.
information on respondents, including approved by OMB. This form is being ACTION: Notice.
through the use of automated collection submitted for renewal purposes only.
techniques or other forms of information Type of Review: Extension of a SUMMARY: The Department of the
technology; and (e) estimates of capital currently approved collection. Treasury will submit the following
or start-up costs and costs of operation, Affected Public: Businesses or other information collection requests to the
maintenance, and purchase of services for-profit organizations, and Office of Management and Budget
to provide information. individuals. (OMB) for review and clearance in

VerDate Sep<11>2014 18:11 Sep 21, 2017 Jkt 241001 PO 00000 Frm 00116 Fmt 4703 Sfmt 4703 E:\FR\FM\22SEN1.SGM 22SEN1

Document Created: 2017-09-22 01:53:02
Document Modified: 2017-09-22 01:53:02

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 November 21, 2017 to be assured of consideration.
FR Citation		82 FR 44490

82 FR 44490 - Proposed Collection; Comment Request for Form 8823

DEPARTMENT OF THE TREASURYInternal Revenue Service

Federal Register Volume 82, Issue 183 (September 22, 2017)

DEPARTMENT OF THE TREASURY
Internal Revenue Service