83 FR 20144 - Proposed Collection; Comment Request for Form 1099-S
DEPARTMENT OF THE TREASURY
Internal Revenue Service Federal Register Volume 83, Issue 88 (May 7, 2018)
Internal Revenue Service
Federal Register Volume 83, Issue 88 (May 7, 2018)
| Page Range | 20144-20145 | |
| FR Document | 2018-09597 |
[Federal Register Volume 83, Number 88 (Monday, May 7, 2018)] [Notices] [Pages 20144-20145] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2018-09597] ----------------------------------------------------------------------- DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 1099-S AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. ----------------------------------------------------------------------- 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 Proceeds From Real Estate Transactions. DATES: Written comments should be received on or before July 6, 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 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: Proceeds From Real Estate Transactions. OMB Number: 1545-0997. Form Number: 1099-S. Abstract: Internal Revenue Code section 6045(e) and the regulations there under require persons treated as real estate brokers to submit an information return to the IRS to report the gross proceeds from real estate transactions. Form 1099-S is used for this purpose. The IRS uses the information on the form to verify compliance with the reporting rules regarding real estate transactions. Current Actions: There are no changes being made to Form 1099-S at this time. Type of Review: Extension of a currently approved collection. Affected Public: Business or other for-profit organizations and individuals or households. Estimated Number of Respondents: 2,573,400. Estimated Time Per Respondent: 10 mins. Estimated Total Annual Burden Hours: 411,744. 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. Comments will be of public record. Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the functions of the [[Page 20145]] agency, including whether the information has 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 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: April 26, 2018. Laurie Brimmer, Senior Tax Analyst. [FR Doc. 2018-09597 Filed 5-4-18; 8:45 am] BILLING CODE 4830-01-P
![20144 Federal Register / Vol. 83, No. 88 / Monday, May 7, 2018 / Notices
DEPARTMENT OF THE TREASURY The following paragraph applies to all DATES: Written comments should be
of the collections of information covered received on or before July 6, 2018 to be
Internal Revenue Service by this notice: assured of consideration.
An agency may not conduct or ADDRESSES: Direct all written comments
Proposed Collection; Comment
sponsor, and a person is not required to to Laurie Brimmer, Internal Revenue
Request for Regulation Project
respond to, a collection of information Service, Room 6526, 1111 Constitution
AGENCY: Internal Revenue Service (IRS), unless the collection of information Avenue NW, Washington, DC 20224.
Treasury. displays a valid OMB control number. FOR FURTHER INFORMATION CONTACT:
ACTION: Notice and request for Books or records relating to a collection Requests for additional information or
comments. of information must be retained as long copies of the form and instructions
as their contents may become material should be directed to Martha R. Brinson,
SUMMARY: The Internal Revenue Service in the administration of any internal at (202) 317–5753, or at Internal
(IRS), as part of its continuing effort to revenue law. Generally, tax returns and Revenue Service, Room 6526, 1111
reduce paperwork and respondent tax return information are confidential, Constitution Avenue NW, Washington,
burden, invites the general public and as required by 26 U.S.C. 6103. DC 20224, or through the internet at
other Federal agencies to take this Martha.R.Brinson@irs.gov.
Request for Comments: Comments
opportunity to comment on information SUPPLEMENTARY INFORMATION:
submitted in response to this notice will
collections, as required by the Title: Proceeds From Real Estate
be summarized and/or included in the
Paperwork Reduction Act of 1995. The Transactions.
request for OMB approval. Comments
IRS is soliciting comments concerning OMB Number: 1545–0997.
will be of public record. Comments are
Regulations Under Section 382 of the Form Number: 1099–S.
invited on: (a) Whether the collection of
Internal Revenue Code of 1986; Abstract: Internal Revenue Code
information is necessary for the proper
Application of Section 382 in Short section 6045(e) and the regulations there
performance of the functions of the
Taxable Years and With Respect to under require persons treated as real
agency, including whether the
Controlled Groups. estate brokers to submit an information
information has practical utility; (b) the
DATES: Written comments should be return to the IRS to report the gross
accuracy of the agency’s estimate of the
received on or before July 6, 2018 to be burden of the collection of information; proceeds from real estate transactions.
assured of consideration. (c) ways to enhance the quality, utility, Form 1099–S is used for this purpose.
ADDRESSES: Direct all written comments and clarity of the information to be The IRS uses the information on the
to Laurie Brimmer, Internal Revenue collected; (d) ways to minimize the form to verify compliance with the
Service, Room 6526, 1111 Constitution burden of the collection of information reporting rules regarding real estate
Avenue NW, Washington, DC 20224. on respondents, including the use of transactions.
FOR FURTHER INFORMATION CONTACT: automated collection techniques or Current Actions: There are no changes
Requests for additional information or other forms of information technology; being made to Form 1099–S at this time.
copies of the regulation should be and (e) estimates of capital or start-up Type of Review: Extension of a
directed to Martha R. Brinson, at (202) costs and costs of operation, currently approved collection.
317–5753, or at Internal Revenue maintenance, and purchase of services Affected Public: Business or other for-
Service, Room 6526, 1111 Constitution to provide information. profit organizations and individuals or
Avenue NW, Washington, DC 20224, or households.
Approved: April 30, 2018. Estimated Number of Respondents:
through the internet at
Laurie Brimmer, 2,573,400.
Martha.R.Brinson@irs.gov.
Senior Tax Analyst. Estimated Time Per Respondent: 10
SUPPLEMENTARY INFORMATION:
Title: Regulations Under Section 382 [FR Doc. 2018–09593 Filed 5–4–18; 8:45 am] mins.
of the Internal Revenue Code of 1986; BILLING CODE 4830–01–P Estimated Total Annual Burden
Application of Section 382 in Short Hours: 411,744.
Taxable Years and With Respect to The following paragraph applies to all
DEPARTMENT OF THE TREASURY of the collections of information covered
Controlled Groups.
OMB Number: 1545–1434. by this notice:
Internal Revenue Service An agency may not conduct or
Regulation Project Number: TD 8825.
Abstract: Section 382 limits the sponsor, and a person is not required to
Proposed Collection; Comment
amount of income that can be offset by respond to, a collection of information
Request for Form 1099–S
loss carryovers after an ownership unless the collection of information
change. These regulations provide rules AGENCY: Internal Revenue Service (IRS), displays a valid OMB control number.
for applying section 382 in the case of Treasury. Books or records relating to a collection
short taxable years and with respect to of information must be retained as long
controlled groups. Notice and request for
ACTION: as their contents may become material
Current Actions: There is no change to comments. in the administration of any internal
this existing regulation. revenue law. Generally, tax returns and
Type of Review: Extension of a SUMMARY: The Internal Revenue Service tax return information are confidential,
currently approved collection. (IRS), as part of its continuing effort to as required by 26 U.S.C. 6103.
Affected Public: Business or other for- reduce paperwork and respondent Request for Comments: Comments
daltland on DSKBBV9HB2PROD with NOTICES
profit organizations. burden, invites the general public and submitted in response to this notice will
Estimated Number of Respondents: other Federal agencies to take this be summarized and/or included in the
3,500. opportunity to comment on information request for OMB approval. Comments
Estimated Time Per Respondent: 15 collections, as required by the will be of public record. Comments are
mins. Paperwork Reduction Act of 1995. The invited on: (a) Whether the collection of
Estimated Total Annual Burden IRS is soliciting comments concerning information is necessary for the proper
Hours: 875. Proceeds From Real Estate Transactions. performance of the functions of the
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![Federal Register / Vol. 83, No. 88 / Monday, May 7, 2018 / Notices 20145
agency, including whether the Total membership consists of eleven demonstrated leadership skills in their
information has practical utility; (b) the voting members appointed by the fields of expertise or discipline; possess
accuracy of the agency’s estimate of the Secretary of the Treasury: a demonstrated desire for public service
burden of the collection of information; D One person specially qualified by and have a history of honorable
(c) ways to enhance the quality, utility, virtue of his or her education, training, professional and personal conduct, as
and clarity of the information to be or experience as nationally or well as successful standing in their
collected; (d) ways to minimize the internationally recognized curator in the communities; and who are free of
burden of the collection of information United States of a numismatic professional, political, or financial
on respondents, including the use of collection; interests that could negatively affect
automated collection techniques or D One person specially qualified by their ability to provide impartial advice.
other forms of information technology; virtue of his or her experience in the Application Deadline: Friday, May 18,
and (e) estimates of capital or start-up medallic arts or sculpture; 2018.
costs and costs of operation, D One person specially qualified by Receipt of Applications: Any member
maintenance, and purchase of services virtue of his or her education, training, of the public wishing to be considered
to provide information. or experience in American history; for participation on the CCAC should
D One person specially qualified by submit a resume and cover letter
Approved: April 26, 2018. virtue of his or her education, training,
Laurie Brimmer,
describing his or her reasons for seeking
or experience in numismatics; and qualifications for membership, by
Senior Tax Analyst. D Three persons who can represent
email to info@ccac.gov or by mail to the
[FR Doc. 2018–09597 Filed 5–4–18; 8:45 am] the interests of the general public in the
United States Mint; 801 9th Street NW;
BILLING CODE 4830–01–P coinage of the United States; and
D Four persons appointed by the Washington, DC 20220; Attn: Greg
Secretary of the Treasury on the basis of Weinman. Submissions must be
the recommendations by the House and postmarked no later than Friday, May
DEPARTMENT OF THE TREASURY
Senate leadership. 18, 2018.
United States Mint Members are appointed for a term of Notice Concerning Delivery of First-
four years. No individual may be Class and Priority Mail: First-class mail
Request for Applications for appointed to the CCAC while serving as to the United States Mint is put through
Appointment to the Citizens Coinage an officer or employee of the Federal an irradiation process to protect against
Advisory Committee Government. biological contamination. Support
The CCAC is subject to the direction materials put through this process may
AGENCY: United States Mint, Treasury. of the Secretary of the Treasury. suffer irreversible damage. We
ACTION:Request for applications for Meetings of the CCAC are open to the encourage you to consider using
appointment to the Citizens Coinage public and are held approximately four alternate delivery services, especially
Advisory Committee. to six times per year. The United States when sending time-sensitive material.
Mint is responsible for providing the Dated: May 1, 2018.
SUMMARY: Pursuant to United States necessary support, technical services, David J. Ryder,
Code, the United States Mint is and advice to the CCAC. CCAC Director, United States Mint.
accepting applications for appointment members are not paid for their time or [FR Doc. 2018–09628 Filed 5–4–18; 8:45 am]
to the Citizens Coinage Advisory services, but, consistent with Federal
Committee (CCAC) as a member BILLING CODE P
Travel Regulations, members are
representing the interests of the general reimbursed for their travel and lodging
public in the coinage of the United expenses to attend meetings. Members
States. are Special Government Employees and UNITED STATES SENTENCING
FOR FURTHER INFORMATION CONTACT: are subject to the Standards of Ethical COMMISSION
Betty Birdsong, Acting United States Conduct for Employees of the Executive
Mint Liaison to the CCAC; 801 9th Branch (5 CFR part 2653). Sentencing Guidelines for United
Street NW; Washington, DC 20220, or The United States Mint will review all States Courts
call 202–354–7770. submissions and will forward its
AGENCY: United States Sentencing
recommendations to the Secretary of the
SUPPLEMENTARY INFORMATION: Commission.
Treasury for appointment consideration.
The CCAC was established to: Candidates should include specific ACTION: Notice of submission to
D Advise the Secretary of the Treasury skills, abilities, talents, and credentials Congress of amendments to the
on any theme or design proposals to support their applications. The sentencing guidelines effective
relating to circulating coinage, bullion United States Mint is interested in November 1, 2018.
coinage, Congressional Gold Medals, candidates who are recognized as
and national and other medals produced SUMMARY: Pursuant to its authority, the
having unique and valued talents or as Commission has promulgated
by the United States Mint. an accomplished professional; have amendments to the sentencing
D Advise the Secretary of the Treasury demonstrated experience, knowledge, guidelines, policy statements,
with regard to the events, persons, or interest, or background in a variety of commentary, and statutory index. This
places that the CCAC recommends to be fields, including numismatics, art, notice sets forth the amendments and
commemorated by the issuance of education, working with youth, or the reason for each amendment.
daltland on DSKBBV9HB2PROD with NOTICES
commemorative coins in each of the five American heritage and culture; have
calendar years succeeding the year in DATES: The Commission has specified
demonstrated interest and a
which a commemorative coin commitment to actively participate in an effective date of November 1, 2018,
designation is made. meetings and activities, and a for the amendments set forth in this
D Make recommendations with demonstrated understanding of the role notice.
respect to the mintage level for any of the CCAC and the obligations of a FOR FURTHER INFORMATION CONTACT:
commemorative coin recommended. Special Government Employee; possess Christine Leonard, Director, Office of
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Document Created: 2018-05-05 02:48:33
Document Modified: 2018-05-05 02:48:33
| 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 July 6, 2018 to be assured of consideration. | |
| 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] | |
| FR Citation | 83 FR 20144 |
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