83 FR 14552 - Proposed Collection; Comment Request for Form 1041

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 83, Issue 65 (April 4, 2018)

Page Range		14552-14553
FR Document		2018-06892

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. The IRS is soliciting comments concerning Form 1041, U.S. Income Tax Return for Estates and Trusts, and related Schedules D, I, J, K-1, Form 1041-V, and Frequently Asked Questions (FAQs) relating to the elections of deferred foreign income.

Federal Register, Volume 83 Issue 65 (Wednesday, April 4, 2018)

[Federal Register Volume 83, Number 65 (Wednesday, April 4, 2018)]
[Notices]
[Pages 14552-14553]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-06892]


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

DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 1041

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. The IRS is soliciting comments 
concerning Form 1041, U.S. Income Tax Return for Estates and Trusts, 
and related Schedules D, I, J, K-1, Form 1041-V, and Frequently Asked 
Questions (FAQs) relating to the elections of deferred foreign income.

DATES: Written comments should be received on or before June 4, 2018 to 
be assured of consideration.

ADDRESSES: Direct all written comments to Laurie 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 Sandra Lowery 
at Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, 
Washington, DC 20224, or at (202) 317-5754 or through the internet, at 
Sandra.J.Lowery@irs.gov.

SUPPLEMENTARY INFORMATION: 
    Title: U.S. Income Tax Return for Estates and Trusts.
    OMB Number: 1545-0092.
    Form Number: Form 1041.
    Abstract: IRC section 6012 requires that an annual income tax 
return be filed for estates and trusts. The data is used by the IRS to 
determine that the estates, trusts, and beneficiaries filed the proper 
returns and paid the correct tax.
    Public Law 115-97, section 14103 has a retroactive effective date 
of 2017. In order for taxpayers to fulfill their filing obligations and 
report the correct amount of tax under Section 14103, the IRS developed 
FAQ's to alert taxpayers how and where to report this income on their 
2017 return. A critical part of this effort includes alerting taxpayers 
of their filing obligations and educating them on how and where this 
would be reported. The data will be utilized by the IRS to ensure that 
the correct amount of tax is paid.
    Current Actions: There are no changes being made to the form at 
this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations and 
individuals.
    Estimated Number of Respondents: 9,433,703.
    Estimated Time per Respondent: 32 hours, 38 minutes.
    Estimated Total Annual Burden Hours: 307,844,800.
    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.


[[Page 14553]]


    Approved: March 29, 2018.
Laurie Brimmer,
Senior Tax Analyst.
[FR Doc. 2018-06892 Filed 4-3-18; 8:45 am]
 BILLING CODE 4830-01-P

14552 Federal Register / Vol. 83, No. 65 / Wednesday, April 4, 2018 / Notices

should be directed to Martha R. Brinson, and clarity of the information to be filed for estates and trusts. The data is
at (202)317–5753, or at Internal Revenue collected; (d) ways to minimize the used by the IRS to determine that the
Service, Room 6526, 1111 Constitution burden of the collection of information estates, trusts, and beneficiaries filed the
Avenue NW, Washington, DC 20224, or on respondents, including the use of proper returns and paid the correct tax.
through the internet at automated collection techniques or Public Law 115–97, section 14103 has
Martha.R.Brinson@irs.gov. other forms of information technology; a retroactive effective date of 2017. In
SUPPLEMENTARY INFORMATION: and (e) estimates of capital or start-up order for taxpayers to fulfill their filing
Title: Electronic Federal Tax Payment costs and costs of operation, obligations and report the correct
System (EFTPS). maintenance, and purchase of services amount of tax under Section 14103, the
OMB Number: 1545–1467. to provide information. IRS developed FAQ’s to alert taxpayers
Form Number: Forms 9779, 9783, Approved: March 29, 2018. how and where to report this income on
9787, and 9789. their 2017 return. A critical part of this
Laurie Brimmer,
Abstract: These forms are used by effort includes alerting taxpayers of
Senior Tax Analyst.
business and individual taxpayers to their filing obligations and educating
[FR Doc. 2018–06897 Filed 4–3–18; 8:45 am] them on how and where this would be
enroll in the Electronic Federal Tax
Payment System (EFTPS). EFTPS is an
BILLING CODE 4830–01–P reported. The data will be utilized by
electronic remittance processing system the IRS to ensure that the correct
the Service uses to accept electronically amount of tax is paid.
DEPARTMENT OF THE TREASURY Current Actions: There are no changes
transmitted federal tax payments.
EFTPS (1) establishes and maintains a being made to the form at this time.
Internal Revenue Service Type of Review: Extension of a
taxpayer data base which includes
entity information from the taxpayers or Proposed Collection; Comment currently approved collection.
Affected Public: Business or other for-
their banks, (2) initiates the transfer of Request for Form 1041
profit organizations and individuals.
the tax payment amount from the Estimated Number of Respondents:
AGENCY: Internal Revenue Service (IRS),
taxpayer’s bank account, (3) validates 9,433,703.
Treasury.
the entity information and selected Estimated Time per Respondent: 32
elements for each taxpayer, and (4) ACTION: Notice and request for
comments. hours, 38 minutes.
electronically transmits taxpayer Estimated Total Annual Burden
payment data to the IRS. SUMMARY: The Internal Revenue Service, Hours: 307,844,800.
Current Actions: There are no changes as part of its continuing effort to reduce The following paragraph applies to all
being made to these forms. paperwork and respondent burden, of the collections of information covered
Type of Review: Extension of a invites the general public and other by this notice:
currently approved collection. Federal agencies to take this An agency may not conduct or
Affected Public: Individuals, business opportunity to comment on proposed sponsor, and a person is not required to
or other for-profit organizations, and and/or continuing information respond to, a collection of information
state, local or tribal governments. collections, as required by the unless the collection of information
Estimated Number of Respondents: Paperwork Reduction Act of 1995. The displays a valid OMB control number.
4,350,000. IRS is soliciting comments concerning Books or records relating to a collection
Estimated Total Annual Burden Form 1041, U.S. Income Tax Return for of information must be retained as long
Hours: 755,192. Estates and Trusts, and related as their contents may become material
The following paragraph applies to all Schedules D, I, J, K–1, Form 1041–V, in the administration of any internal
of the collections of information covered and Frequently Asked Questions (FAQs) revenue law. Generally, tax returns and
by this notice: relating to the elections of deferred tax return information are confidential,
An agency may not conduct or foreign income. as required by 26 U.S.C. 6103.
sponsor, and a person is not required to Request for Comments: Comments
DATES: Written comments should be
respond to, a collection of information submitted in response to this notice will
received on or before June 4, 2018 to be
unless the collection of information be summarized and/or included in the
assured of consideration.
displays a valid OMB control number. request for OMB approval. All
Books or records relating to a collection ADDRESSES: Direct all written comments comments will become a matter of
of information must be retained as long to Laurie Brimmer, Internal Revenue public record. Comments are invited on:
as their contents may become material Service, Room 6526, 1111 Constitution (a) Whether the collection of
in the administration of any internal Avenue NW, Washington, DC 20224. information is necessary for the proper
revenue law. Generally, tax returns and FOR FURTHER INFORMATION CONTACT: performance of the functions of the
tax return information are confidential, Requests for additional information or agency, including whether the
as required by 26 U.S.C. 6103. copies of the form and instructions information shall have practical utility;
Request for Comments: Comments should be directed to Sandra Lowery at (b) the accuracy of the agency’s estimate
submitted in response to this notice will Internal Revenue Service, Room 6526, of the burden of the collection of
be summarized and/or included in the 1111 Constitution Avenue NW, information; (c) ways to enhance the
request for OMB approval. Comments Washington, DC 20224, or at (202) 317– quality, utility, and clarity of the
will be of public record. Comments are 5754 or through the internet, at information to be collected; (d) ways to
invited on: (a) Whether the collection of Sandra.J.Lowery@irs.gov. minimize the burden of the collection of
amozie on DSK30RV082PROD with NOTICES

information is necessary for the proper SUPPLEMENTARY INFORMATION: information on respondents, including
performance of the functions of the Title: U.S. Income Tax Return for through the use of automated collection
agency, including whether the Estates and Trusts. techniques or other forms of information
information has practical utility; (b) the OMB Number: 1545–0092. technology; and (e) estimates of capital
accuracy of the agency’s estimate of the Form Number: Form 1041. or start-up costs and costs of operation,
burden of the collection of information; Abstract: IRC section 6012 requires maintenance, and purchase of services
(c) ways to enhance the quality, utility, that an annual income tax return be to provide information.

VerDate Sep<11>2014 18:12 Apr 03, 2018 Jkt 244001 PO 00000 Frm 00143 Fmt 4703 Sfmt 4703 E:\FR\FM\04APN1.SGM 04APN1

Federal Register / Vol. 83, No. 65 / Wednesday, April 4, 2018 / Notices 14553

Approved: March 29, 2018. DEPARTMENT OF VETERANS the normal channels through which VA
Laurie Brimmer, AFFAIRS ordinarily receives correspondence has
Senior Tax Analyst. resulted in one or more VA regional
[FR Doc. 2018–06892 Filed 4–3–18; 8:45 am] Disruption of Mail Service offices experiencing extended delays in
BILLING CODE 4830–01–P AGENCY: Department of Veterans Affairs. receipt of claims, information or
ACTION: Notice of exception to date of evidence to an extent that, if not
receipt. addressed, the delay would adversely
DEPARTMENT OF THE TREASURY affect such claimants, through no fault
SUMMARY: In late August 2017, of their own.
Internal Revenue Service Hurricane Harvey interrupted
In late August 2017, Hurricane Harvey
operations at the Department of
Open Meeting of the Taxpayer Veterans Affairs (VA) regional office in interrupted operations at the VA
Advocacy Panel Joint Committee Houston, Texas, as well as postal service regional office in Houston, Texas, as
in multiple Texas communities. In late well as postal service in multiple
AGENCY: Internal Revenue Service (IRS),
September 2017, Hurricane Maria surrounding Texas communities. In late
Treasury.
interrupted operations at the VA September 2017, Hurricane Maria
ACTION: Notice of meeting.
regional office in Puerto Rico, and interrupted operations at the VA
SUMMARY: An open meeting of the postal service throughout the Puerto regional office in Puerto Rico, as well as
Taxpayer Advocacy Panel Joint Rico and U.S. Virgin Islands area. postal service in the Puerto Rico and
Committee will be conducted. The Correspondence containing claims, U.S. Virgin Islands areas.
Taxpayer Advocacy Panel is soliciting information, or evidence sent to VA Correspondence containing claims,
public comments, ideas, and during these periods was likely delayed information or evidence sent to VA
suggestions on improving customer due to interrupted operations of the during these periods was likely delayed
service at the Internal Revenue Service. regional office or postal service. VA due to interrupted operations of the
DATES: The meeting will be held aims to protect the interest of claimants regional office or postal service. Because
Wednesday, April 25, 2018. who sent correspondence to the regional offices and the mail system
Veterans Benefits Administration (VBA) were impacted, VA established the
FOR FURTHER INFORMATION CONTACT: Lisa
through the normal channels of following exceptions to the standard
Billups at 1–888–912–1227 or (214)
communication during these periods rule, on date of receipt.
413–6523.
and prevent them from possibly being
SUPPLEMENTARY INFORMATION: Notice is deprived of benefits solely because Exceptions to Date of Receipt for
hereby given pursuant to Section those channels of communication were Claimants Affected By Hurricane
10(a)(2) of the Federal Advisory disrupted due to events outside of the Harvey
Committee Act, 5 U.S.C. App. (1988) claimants’ control. Therefore, VA is
that an open meeting of the Taxpayer instituting procedures to consider VA hereby gives notice that, for
Advocacy Panel Joint Committee will be alternative dates as the date of receipt of purposes of determining the date of
held Wednesday, April 25, 2018, at 1:00 correspondence. entitlement, any correspondence
p.m. Eastern Time via teleconference. FOR FURTHER INFORMATION CONTACT: received by VA during the period
The public is invited to make oral Jonathan Hughes, Acting Assistant September 1 through September 7, 2017,
comments or submit written statements Director, Policy and Procedures, from individuals in zip codes
for consideration. For more information Compensation Service, Department of designated to have been impacted by
please contact Lisa Billups at 1–888– Veterans Affairs, 810 Vermont Avenue, Hurricane Harvey that contained claims,
912–1227 or (214) 413–6523, or write NW, Washington, DC 20420, (202) 461– information or evidence will be
TAP Office 1114 Commerce Street, 9700 (this is not a toll-free telephone considered received no later than
Dallas, TX 75242–1021, or post number).
comments to the website: http:// August 31, 2017. Alternatively, if the
www.improveirs.org. SUPPLEMENTARY INFORMATION: A VA correspondence was received during the
The agenda will include various regulation, 38 CFR 3.1(r), allows the period September 1 through September
committee issues for submission to the Under Secretary for Benefits to establish 7, 2017, but the postmark date is prior
IRS and other TAP related topics. Public exceptions to VA’s rule about date of to August 31, 2017, the correspondence
input is welcomed. receipt of claims, information, or will be considered received on the date
evidence. Ordinarily, ‘‘date of receipt’’ of postmark.
Dated: March 28, 2018. means the date on which a claim,
Antoinette Ross, This guidance applies to
information or evidence was received in
Acting Director, Taxpayer Advocacy Panel. correspondence received during the
a VA office. The regulation states that
[FR Doc. 2018–06769 Filed 4–3–18; 8:45 am] exceptions may be established when a designated period from the zip codes
BILLING CODE 4830–01–P natural or man-made interference with designated below.

ZIP CODES IMPACTED BY HURRICANE HARVEY
75928 77062 77252 77364 77467 77573 77950 78393
75930 77063 77253 77365 77468 77574 77951 78401
75931 77064 77254 77367 77469 77575 77954 78402
amozie on DSK30RV082PROD with NOTICES

75932 77065 77255 77368 77470 77577 77957 78403
75933 77066 77256 77369 77471 77578 77960 78404
75934 77067 77257 77371 77473 77580 77961 78405
75936 77068 77258 77372 77474 77581 77962 78406
75938 77069 77259 77373 77475 77582 77963 78407
75939 77070 77261 77374 77476 77583 77964 78408
75942 77071 77262 77375 77477 77584 77967 78409

VerDate Sep<11>2014 18:12 Apr 03, 2018 Jkt 244001 PO 00000 Frm 00144 Fmt 4703 Sfmt 4703 E:\FR\FM\04APN1.SGM 04APN1

Document Created: 2018-11-01 09:10:38
Document Modified: 2018-11-01 09:10:38

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 4, 2018 to be assured of consideration.
Contact		Requests for additional information or copies of the form and instructions should be directed to Sandra Lowery at Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, or at (202) 317-5754 or through the internet, at [email protected]
FR Citation		83 FR 14552

83 FR 14552 - Proposed Collection; Comment Request for Form 1041

DEPARTMENT OF THE TREASURYInternal Revenue Service

Federal Register Volume 83, Issue 65 (April 4, 2018)

DEPARTMENT OF THE TREASURY
Internal Revenue Service