82_FR_57558 82 FR 57327 - Proposed Collection; Comment Request for Forms 5498-QA and1099-QA

82 FR 57327 - Proposed Collection; Comment Request for Forms 5498-QA and1099-QA

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 82, Issue 231 (December 4, 2017)

Page Range57327-57327
FR Document2017-26005

The Internal Revenue Service (IRS), 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 information collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning Form 5498-QA, ABLE Account Contribution Information, and Form 1099-QA, Distributions from ABLE Accounts.

Federal Register, Volume 82 Issue 231 (Monday, December 4, 2017) 
[Federal Register Volume 82, Number 231 (Monday, December 4, 2017)]
[Notices]
[Page 57327]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-26005]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Forms 5498-QA and 1099-
QA

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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SUMMARY: The Internal Revenue Service (IRS), 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 information collections, as required by the Paperwork Reduction Act 
of 1995. The IRS is soliciting comments concerning Form 5498-QA, ABLE 
Account Contribution Information, and Form 1099-QA, Distributions from 
ABLE Accounts.

DATES: Written comments should be received on or before February 2, 
2018 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.

FOR FURTHER INFORMATION CONTACT:  Requests for additional information 
or copies of the form and instructions should be directed to Martha R. 
Brinson, at (202) 317-5753 or at Internal Revenue Service, Room 6526, 
1111 Constitution Avenue NW., Washington, DC 20224, or through the 
Internet at [email protected].

SUPPLEMENTARY INFORMATION: 
    Title: ABLE Account Contribution Information; Distributions from 
ABLE Accounts.
    OMB Number: 1545-2262.
    Form Numbers: 5498-QA; 1099-QA.
    Abstract: Public Law 113-295, ABLE Act of 2014, granted States, 
agencies and/or their instrumentalities the authority to allow for the 
establishment of special accounts that allow individuals and families 
to set aside money for the purpose of supporting individuals with 
disabilities to maintain health, independence, and quality of life, 
without impacting eligibility for other social service financial 
assistance programs such as Medicaid. Form 5498-QA is used to report to 
the beneficiaries the contributions, rollovers, and program to program 
transfers associated with these accounts. Form 1099-QA allows these 
individuals and families to draw from the special account.
    Current Actions: There are no changes being made to the forms at 
this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Individuals or households.

Form 5498-QA

    Estimated Number of Responses: 10,000.
    Estimated Time per Respondent: 11 min.
    Estimated Total Annual Burden Hours: 1,900

Form 1099-QA

    Estimated Number of Responses: 10,000.
    Estimated Time per Respondent: 10 min.
    Estimated Total Annual Burden Hours: 1,700
    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: November 28, 2017.
L. Brimmer,
Senior Tax Analyst.
[FR Doc. 2017-26005 Filed 12-1-17; 8:45 am]
BILLING CODE 4830-01-P

Federal Register / Vol. 82, No. 231 / Monday, December 4, 2017 / Notices 57327 Male; Cedula No. 1087132209 Service, Room 6526, 1111 Constitution in the administration of any internal (Colombia) (individual) [SDNTK]. Avenue NW., Washington, DC 20224. revenue law. Generally, tax returns and Designated pursuant to section 805(b)(2) FOR FURTHER INFORMATION CONTACT: tax return information are confidential, of the Kingpin Act, 21 U.S.C. 1904(b)(2), Requests for additional information or as required by 26 U.S.C. 6103. for materially assisting in, or providing copies of the form and instructions Request for Comments: Comments financial or technological support for or should be directed to Martha R. Brinson, submitted in response to this notice will to, or providing goods or services in at (202) 317–5753 or at Internal Revenue be summarized and/or included in the support of, the international narcotics Service, Room 6526, 1111 Constitution request for OMB approval. All trafficking activities of RUANO Avenue NW., Washington, DC 20224, or comments will become a matter of YANDUN. through the Internet at public record. Comments are invited on: 2. RUANO YANDUN, Tito Aldemar Martha.R.Brinson@irs.gov. (a) Whether the collection of (a.k.a. ‘‘DON T’’; a.k.a. ‘‘DON TI’’; a.k.a. information is necessary for the proper SUPPLEMENTARY INFORMATION: ‘‘DON TITO’’), Colombia; DOB 18 Oct performance of the functions of the 1975; POB Ipiales, Narino, Colombia; Title: ABLE Account Contribution Information; Distributions from ABLE agency, including whether the nationality Colombia; citizen Colombia; information shall have practical utility; Gender Male; Cedula No. 98337819 Accounts. OMB Number: 1545–2262. (b) the accuracy of the agency’s estimate (Colombia) (individual) [SDNTK]. of the burden of the collection of Designated pursuant to section 805(b)(4) Form Numbers: 5498–QA; 1099–QA. Abstract: Public Law 113–295, ABLE information; (c) ways to enhance the of the Kingpin Act, 21 U.S.C. 1904(b)(4), quality, utility, and clarity of the for playing a significant role in Act of 2014, granted States, agencies and/or their instrumentalities the information to be collected; (d) ways to international narcotics trafficking. minimize the burden of the collection of authority to allow for the establishment Entity of special accounts that allow information on respondents, including individuals and families to set aside through the use of automated collection 1. RUANO YANDUN DRUG money for the purpose of supporting techniques or other forms of information TRAFFICKING ORGANIZATION (a.k.a. individuals with disabilities to maintain technology; and (e) estimates of capital ‘‘RUANO YANDUN DTO’’), Narino, health, independence, and quality of or start-up costs and costs of operation, Colombia; Ecuador [SDNTK]. life, without impacting eligibility for maintenance, and purchase of services Designated pursuant to section 805(b)(4) other social service financial assistance to provide information. of the Kingpin Act, 21 U.S.C. 1904(b)(4), for playing a significant role in programs such as Medicaid. Form 5498– Approved: November 28, 2017. international narcotics trafficking. QA is used to report to the beneficiaries L. Brimmer, Dated: November 29, 2017. the contributions, rollovers, and Senior Tax Analyst. program to program transfers associated [FR Doc. 2017–26005 Filed 12–1–17; 8:45 am] John E. Smith, with these accounts. Form 1099–QA BILLING CODE 4830–01–P Director, Office of Foreign Assets Control. allows these individuals and families to [FR Doc. 2017–26019 Filed 12–1–17; 8:45 am] draw from the special account. BILLING CODE 4810–AL–P Current Actions: There are no changes DEPARTMENT OF THE TREASURY being made to the forms at this time. Type of Review: Extension of a Internal Revenue Service DEPARTMENT OF THE TREASURY currently approved collection. Affected Public: Individuals or Proposed Collection; Comment Internal Revenue Service Request for Regulation Project households. Proposed Collection; Comment Form 5498–QA AGENCY: Internal Revenue Service (IRS), Request for Forms 5498–QA and Treasury. 1099–QA Estimated Number of Responses: ACTION: Notice and request for 10,000. AGENCY: Internal Revenue Service (IRS), Estimated Time per Respondent: 11 comments. Treasury. min. SUMMARY: The Internal Revenue Service, ACTION: Notice and request for Estimated Total Annual Burden as part of its continuing effort to reduce comments. Hours: 1,900 paperwork and respondent burden, SUMMARY: The Internal Revenue Service Form 1099–QA invites the general public and other (IRS), as part of its continuing effort to Federal agencies to take this Estimated Number of Responses: opportunity to comment on continuing reduce paperwork and respondent 10,000. burden, invites the general public and information collections, as required by Estimated Time per Respondent: 10 the Paperwork Reduction Act of 1995. other Federal agencies to take this min. opportunity to comment on information The IRS is soliciting comments Estimated Total Annual Burden concerning limitations on corporate net collections, as required by the Hours: 1,700 Paperwork Reduction Act of 1995. The operating loss carryforwards. The following paragraph applies to all IRS is soliciting comments concerning of the collections of information covered DATES: Written comments should be Form 5498–QA, ABLE Account by this notice: received on or before February 2, 2018 Contribution Information, and Form An agency may not conduct or to be assured of consideration. sradovich on DSK3GMQ082PROD with NOTICES 1099–QA, Distributions from ABLE sponsor, and a person is not required to ADDRESSES: Direct all written comments Accounts. respond to, a collection of information to L. Brimmer, Internal Revenue DATES: Written comments should be unless the collection of information Service, Room 6529, 1111 Constitution received on or before February 2, 2018 displays a valid OMB control number. Avenue NW., Washington, DC 20224. to be assured of consideration. Books or records relating to a collection FOR FURTHER INFORMATION CONTACT: ADDRESSES: Direct all written comments of information must be retained as long Requests for additional information or to L. Brimmer, Internal Revenue as their contents may become material copies of the form should be directed to VerDate Sep<11>2014 18:22 Dec 01, 2017 Jkt 244001 PO 00000 Frm 00133 Fmt 4703 Sfmt 4703 E:\FR\FM\04DEN1.SGM 04DEN1


Document Created: 2017-12-02 00:40:16
Document Modified: 2017-12-02 00:40:16
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 and request for comments.
DatesWritten comments should be received on or before February 2, 2018 to be assured of consideration.
ContactRequests for additional information or copies of the form and instructions should be directed to Martha R. Brinson, at (202) 317-5753 or at Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW., Washington, DC 20224, or through the Internet at [email protected]
FR Citation82 FR 57327 
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