83 FR 27374 - Proposed Collection; Comment Request for Regulation Project

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 83, Issue 113 (June 12, 2018)

Page Range		27374-27375
FR Document		2018-12576

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 Guidance regarding Charitable Remainder Trusts and Special Valuation Rules for Transfers of Interests and Trusts.

Federal Register, Volume 83 Issue 113 (Tuesday, June 12, 2018)

[Federal Register Volume 83, Number 113 (Tuesday, June 12, 2018)]
[Notices]
[Pages 27374-27375]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-12576]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Regulation Project

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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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 Guidance regarding Charitable

[[Page 27375]]

Remainder Trusts and Special Valuation Rules for Transfers of Interests 
and Trusts.

DATES: Written comments should be received on or before August 13, 2018 
to be assured of consideration.

ADDRESSES: Direct all written comments to Roberto Mora-Figueroa, 
Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, 
Washington, DC 20224.

FOR FURTHER INFORMATION: Requests for additional information or copies 
of this regulation should be directed to Sara Covington, Internal 
Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 
20224, or at (202) 317-6038 or through the internet at 
[email protected].

SUPPLEMENTARY INFORMATION: 
    Title: Guidance Regarding Charitable Remainder Trusts and Special 
Valuation Rules for Transfers of Interests and Trusts.
    OMB Number: 1545-1536.
    Regulation Project Number: TD 8791.
    Abstract: This regulation provides guidance relating to charitable 
remainder trusts and to special valuation rules for transfers of 
interests in trusts. Section 1.664-1(a)(7) of the regulation provides 
that either an independent trustee or qualified appraiser using a 
qualified appraisal must value a charitable remainder trust's assets 
that do not have an objective, ascertainable value.
    Current Actions: There is no change to this existing regulation.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Businesses or other for-profit organizations.
    Estimated Number of Respondents: 150.
    Estimated Time per Respondent: 30 minutes.
    Estimated Total Annual Burden Hours: 75.
    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: June 4, 2018.
Laurie Brimmer,
Senior Tax Analyst.
[FR Doc. 2018-12576 Filed 6-11-18; 8:45 am]
BILLING CODE 4830-01-P

27374 Federal Register / Vol. 83, No. 113 / Tuesday, June 12, 2018 / Notices

OMB Number: 1545–1504. DEPARTMENT OF THE TREASURY The following paragraph applies to all
Form Number: 911. of the collections of information covered
Abstract: This form is used by Internal Revenue Service by this notice:
taxpayers to apply for relief from a An agency may not conduct or
Proposed Collection; Comment sponsor, and a person is not required to
significant hardship which may have Request for Form 8864
already occurred or is about to occur if respond to, a collection of information
the IRS takes or fails to take certain AGENCY: Internal Revenue Service (IRS), unless the collection of information
actions. This form is submitted to the Treasury. displays a valid OMB control number.
IRS Taxpayer Advocate Office in the ACTION: Notice and request for Books or records relating to a collection
district where the taxpayer lives. comments. of information must be retained as long
as their contents may become material
Current Actions: There are no changes
SUMMARY: The Internal Revenue Service, in the administration of any internal
being made to Form 911 at this time.
as part of its continuing effort to reduce revenue law. Generally, tax returns and
Type of Review: Extension of a paperwork and respondent burden, tax return information are confidential,
currently approved collection. invites the general public and other as required by 26 U.S.C. 6103.
Affected Public: Individuals or Federal agencies to take this Request for Comments: Comments
households, business or other for-profit opportunity to comment on proposed submitted in response to this notice will
organizations, not-for-profit institutions, and/or continuing information be summarized and/or included in the
farms and state, local or tribal collections, as required by the request for OMB approval. All
governments. Paperwork Reduction Act of 1995. The comments will become a matter of
Estimated Number of Responses: IRS is soliciting comments concerning public record. Comments are invited on:
93,000. Form 8864, Biodiesel and Renewable (a) Whether the collection of
Estimated Time per Response: 30 Diesel Fuels Credit. information is necessary for the proper
minutes. DATES: Written comments should be performance of the functions of the
Estimated Total Annual Burden received on or before August 13, 2018 agency, including whether the
Hours: 46,500. to be assured of consideration. information shall have practical utility;
The following paragraph applies to all ADDRESSES: Direct all written comments (b) the accuracy of the agency’s estimate
of the collections of information covered to Roberto Mora-Figueroa, Internal of the burden of the collection of
by this notice: Revenue Service, Room 6526, 1111 information; (c) ways to enhance the
Constitution Avenue NW, Washington, quality, utility, and clarity of the
An agency may not conduct or
DC 20224. information to be collected; (d) ways to
sponsor, and a person is not required to
FOR FURTHER INFORMATION CONTACT: minimize the burden of the collection of
respond to, a collection of information
Requests for additional information or information on respondents, including
unless the collection of information
copies of the form and instructions through the use of automated collection
displays a valid OMB control number.
should be directed to Sara Covington, techniques or other forms of information
Books or records relating to a collection
Internal Revenue Service, Room 6526, technology; and (e) estimates of capital
of information must be retained as long
1111 Constitution Avenue NW, or start-up costs and costs of operation,
as their contents may become material
Washington, DC 20224, or at (202) 317– maintenance, and purchase of services
in the administration of any internal
6038 or through the internet at to provide information.
revenue law. Generally, tax returns and
tax return information are confidential, Sara.L.Covington@irs.gov. Approved: June 4, 2018.
as required by 26 U.S.C. 6103. SUPPLEMENTARY INFORMATION: Laurie Brimmer,
Title: Biodiesel and Renewable Diesel Senior Tax Analyst.
Request for Comments: Comments
Fuels Credit.
submitted in response to this notice will [FR Doc. 2018–12568 Filed 6–11–18; 8:45 am]
OMB Number: 1545–1924.
be summarized and/or included in the Form Number: 8864. BILLING CODE 4830–01–P
request for OMB approval. Comments Abstract: The biodiesel and renewable
will be of public record. Comments are diesel fuels credit isn’t available for fuel
invited on: (a) Whether the collection of DEPARTMENT OF THE TREASURY
sold or used after 2017. However, a
information is necessary for the proper partner in a fiscal year partnership,
performance of the functions of the Internal Revenue Service
shareholder in a fiscal year S
agency, including whether the corporation, or beneficiary of a fiscal Proposed Collection; Comment
information has practical utility; (b) the year trust or estate may receive a Request for Regulation Project
accuracy of the agency’s estimate of the biodiesel and renewable diesel fuels
burden of the collection of information; credit that must be reported on a 2018 AGENCY: Internal Revenue Service (IRS),
(c) ways to enhance the quality, utility, return. Treasury.
and clarity of the information to be Current Actions: There are changes ACTION: Notice and request for
collected; (d) ways to minimize the being made to form at this time, comments.
burden of the collection of information however these changes will not affect
on or other forms of information the burden estimates. SUMMARY: The Internal Revenue Service,
technology; and (e) estimates of capital Type of Review: Extension of a as part of its continuing effort to reduce
or start-up costs and costs of operation, currently approved collection. paperwork and respondent burden,
invites the general public and other
sradovich on DSK3GMQ082PROD with NOTICES

maintenance, and purchase of services Affected Public: Business or other for-
to provide information. profit. Federal agencies to take this
Estimated Number of Respondents: opportunity to comment on proposed
Approved: June 5, 2018. and/or continuing information
26.
Laurie Brimmer, Estimated Time per Respondent: collections, as required by the
Senior Tax Analyst. 4 hrs., 13 mins. Paperwork Reduction Act of 1995. The
[FR Doc. 2018–12567 Filed 6–11–18; 8:45 am] Estimated Total Annual Burden IRS is soliciting comments concerning
BILLING CODE 4830–01–P Hours: 110. Guidance regarding Charitable

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Federal Register / Vol. 83, No. 113 / Tuesday, June 12, 2018 / Notices 27375

Remainder Trusts and Special Valuation comments will become a matter of The agenda will include various
Rules for Transfers of Interests and public record. Comments are invited on: committee issues for submission to the
Trusts. (a) Whether the collection of IRS and other TAP related topics. Public
DATES: Written comments should be information is necessary for the proper input is welcomed.
received on or before August 13, 2018 performance of the functions of the Dated: June 6, 2018.
to be assured of consideration. agency, including whether the Kevin Brown,
information shall have practical utility;
ADDRESSES: Direct all written comments Acting Director, Taxpayer Advocacy Panel.
(b) the accuracy of the agency’s estimate
to Roberto Mora-Figueroa, Internal [FR Doc. 2018–12579 Filed 6–11–18; 8:45 am]
of the burden of the collection of
Revenue Service, Room 6526, 1111 BILLING CODE 4830–01–P
information; (c) ways to enhance the
Constitution Avenue NW, Washington,
quality, utility, and clarity of the
DC 20224.
information to be collected; (d) ways to
FOR FURTHER INFORMATION: Requests for DEPARTMENT OF THE TREASURY
minimize the burden of the collection of
additional information or copies of this information on respondents, including
regulation should be directed to Sara Internal Revenue Service
through the use of automated collection
Covington, Internal Revenue Service, techniques or other forms of information Proposed Collection; Comment
Room 6526, 1111 Constitution Avenue technology; and (e) estimates of capital Request for Regulation Project
NW, Washington, DC 20224, or at (202) or start-up costs and costs of operation,
317–6038 or through the internet at maintenance, and purchase of services AGENCY: Internal Revenue Service (IRS),
Sara.L.Covington@irs.gov. to provide information. Treasury.
SUPPLEMENTARY INFORMATION: ACTION: Notice and request for
Approved: June 4, 2018.
Title: Guidance Regarding Charitable comments.
Remainder Trusts and Special Valuation Laurie Brimmer,
Rules for Transfers of Interests and Senior Tax Analyst. SUMMARY: The Internal Revenue Service,
Trusts. [FR Doc. 2018–12576 Filed 6–11–18; 8:45 am] as part of its continuing effort to reduce
OMB Number: 1545–1536. BILLING CODE 4830–01–P paperwork and respondent burden,
Regulation Project Number: TD 8791. invites the general public and other
Abstract: This regulation provides Federal agencies to take this
guidance relating to charitable DEPARTMENT OF THE TREASURY opportunity to comment on proposed
remainder trusts and to special and/or continuing information
valuation rules for transfers of interests Internal Revenue Service collections, as required by the
in trusts. Section 1.664–1(a)(7) of the Paperwork Reduction Act of 1995. The
Open Meeting of the Taxpayer IRS is soliciting comments concerning
regulation provides that either an
Advocacy Panel Joint Committee: Form 1098, Mortgage Interest Statement
independent trustee or qualified
Change and TD 8571 (IA–17–90), Reporting
appraiser using a qualified appraisal
must value a charitable remainder AGENCY: Internal Revenue Service (IRS) Requirements for Recipients of Points
trust’s assets that do not have an Treasury. Paid on Residential Mortgages.
objective, ascertainable value. ACTION: Notice of meeting: Change. DATES: Written comments should be
Current Actions: There is no change to received on or before August 13, 2018
this existing regulation. SUMMARY: In the Federal Register notice to be assured of consideration.
Type of Review: Extension of a that was originally published on May 8, ADDRESSES: Direct all written comments
currently approved collection. 2018, (Volume 83, Number 89, Page to Laurie Brimmer, Internal Revenue
Affected Public: Businesses or other 20913) the meeting date has changed. Service, Room 6526, 1111 Constitution
for-profit organizations. The date is changed from Wednesday, Avenue NW, Washington, DC 20224.
Estimated Number of Respondents: June 27, 2018 to Thursday, June 28,
150. FOR FURTHER INFORMATION CONTACT:
2018.
Estimated Time per Respondent: 30 Requests for additional information or
DATES:The meeting will be held copies of this form and regulation
minutes.
Estimated Total Annual Burden Thursday, June 28, 2018. should be directed to Sara Covington, at
Hours: 75. FOR FURTHER INFORMATION CONTACT: Lisa (202) 317 6038, Internal Revenue
The following paragraph applies to all Billups at 1–888–912–1227 or (214) Service, Room 6526, 1111 Constitution
of the collections of information covered 413–6523. Avenue NW, Washington, DC 20224, or
by this notice: SUPPLEMENTARY INFORMATION: Notice is through the internet at
An agency may not conduct or hereby given pursuant to Section Sara.L.Covington@irs.gov.
sponsor, and a person is not required to 10(a)(2) of the Federal Advisory SUPPLEMENTARY INFORMATION:
respond to, a collection of information Committee Act, 5 U.S.C. App. (1988) Title: Reporting Requirements for
unless the collection of information that an open meeting of the Taxpayer Recipients of Points Paid on Residential
displays a valid OMB control number. Advocacy Panel Joint Committee will be Mortgages and Mortgage Interest
Books or records relating to a collection held Thursday, June 28, 2018, at 1:00 Statement.
of information must be retained as long p.m. Eastern Time via teleconference. OMB Number: 1545–1380.
as their contents may become material The public is invited to make oral Form Number: 1098.
comments or submit written statements Regulation Project Number: TD 8571.
sradovich on DSK3GMQ082PROD with NOTICES

in the administration of any internal
revenue law. Generally, tax returns and for consideration. For more information Abstract: T.D. 8571 regulations
tax return information are confidential, please contact Lisa Billups at 1–888– require the reporting of certain
as required by 26 U.S.C. 6103. 912–1227 or (214) 413–6523, or write information relating to payments of
Request for Comments: Comments TAP Office, 1114 Commerce Street, mortgage interest. Form 1098 is used to
submitted in response to this notice will Dallas, TX 75242–1021, or post report $600 or more of mortgage interest
be summarized and/or included in the comments to the website: http:// received from an individual in the
request for OMB approval. All www.improveirs.org. course of the mortgagor’s trade or

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Document Created: 2018-06-12 00:47:27
Document Modified: 2018-06-12 00:47:27

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 August 13, 2018 to be assured of consideration.
FR Citation		83 FR 27374

83 FR 27374 - Proposed Collection; Comment Request for Regulation Project

DEPARTMENT OF THE TREASURYInternal Revenue Service

Federal Register Volume 83, Issue 113 (June 12, 2018)

DEPARTMENT OF THE TREASURY
Internal Revenue Service