83 FR 4128 - Proposed Collection; Comment Request for Regulation Project

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 83, Issue 19 (January 29, 2018)

Page Range		4128-4128
FR Document		2018-01653

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 employers' qualified educational assistance programs.

Federal Register, Volume 83 Issue 19 (Monday, January 29, 2018)

[Federal Register Volume 83, Number 19 (Monday, January 29, 2018)]
[Notices]
[Page 4128]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-01653]


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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. Currently, the IRS is soliciting 
comments concerning employers' qualified educational assistance 
programs.

DATES: Written comments should be received on or before March 30, 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 regulation should be directed to LaNita Van Dyke at 
Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, 
Washington, DC 20224, or (202) 317-6009 or, through the internet at 
Lanita.VanDyke@irs.gov.

SUPPLEMENTARY INFORMATION: 
    Title: Employers' Qualified Educational Assistance Programs.
    OMB Number: 1545-0768.
    Regulation Project Number: EE-178-78 (TD 7898).
    Abstract: Internal Revenue Code section 127(a) provides that the 
gross income of an employee does not include amounts paid or expenses 
incurred by an employer if furnished to the employee pursuant to a 
qualified educational assistance program. This regulation requires that 
a qualified educational assistance program must be a separate written 
plan of the employer and that employees must be notified of the 
availability and terms of the program. Also, substantiation may be 
required to verify that employees are entitled to exclude from their 
gross income amounts paid or expenses incurred by the employer.
    Current Actions: There is no change to this existing regulation.
    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: 5,200.
    Estimated Time per Respondent: 7 minutes.
    Estimated Total Annual Burden Hours: 615.
    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: January 23, 2018.
Laurie Brimmer,
Senior Tax Analyst.
[FR Doc. 2018-01653 Filed 1-26-18; 8:45 am]
 BILLING CODE 4830-01-P

4128 Federal Register / Vol. 83, No. 19 / Monday, January 29, 2018 / Notices

information is necessary for the proper Regulation Project Number: EE–178– maintenance, and purchase of services
performance of the functions of the 78 (TD 7898). to provide information.
agency, including whether the Abstract: Internal Revenue Code Approved: January 23, 2018.
information shall have practical utility; section 127(a) provides that the gross
Laurie Brimmer,
(b) the accuracy of the agency’s estimate income of an employee does not include
Senior Tax Analyst.
of the burden of the collection of amounts paid or expenses incurred by
an employer if furnished to the [FR Doc. 2018–01653 Filed 1–26–18; 8:45 am]
information; (c) ways to enhance the
quality, utility, and clarity of the employee pursuant to a qualified BILLING CODE 4830–01–P

information to be collected; (d) ways to educational assistance program. This
minimize the burden of the collection of regulation requires that a qualified
educational assistance program must be DEPARTMENT OF THE TREASURY
information on respondents, including
through the use of automated collection a separate written plan of the employer Internal Revenue Service
techniques or other forms of information and that employees must be notified of
technology; and (e) estimates of capital the availability and terms of the Proposed Collection; Comment
or start-up costs and costs of operation, program. Also, substantiation may be Request for Regulation Project
maintenance, and purchase of services required to verify that employees are
to provide information. entitled to exclude from their gross AGENCY: Internal Revenue Service (IRS),
income amounts paid or expenses Treasury.
Approved: January 23, 2018.
incurred by the employer. ACTION: Notice and request for
Laurie Brimmer,
Current Actions: There is no change to comments.
Senior Tax Analyst. this existing regulation.
[FR Doc. 2018–01658 Filed 1–26–18; 8:45 am] Type of Review: Extension of a SUMMARY: The Internal Revenue Service,
BILLING CODE 4830–01–P currently approved collection. as part of its continuing effort to reduce
Affected Public: Business or other for- paperwork and respondent burden,
profit organizations, and individuals or invites the general public and other
DEPARTMENT OF THE TREASURY households. Federal agencies to take this
Estimated Number of Respondents: opportunity to comment on proposed
Internal Revenue Service 5,200. and/or continuing information
Estimated Time per Respondent: 7 collections, as required by the
Proposed Collection; Comment minutes. Paperwork Reduction Act of 1995. The
Request for Regulation Project Estimated Total Annual Burden IRS is soliciting comments concerning
AGENCY: Internal Revenue Service (IRS), Hours: 615. information collection requirements
Treasury. The following paragraph applies to all related to real estate mortgage conduits;
of the collections of information covered reporting requirements and other
ACTION: Notice and request for
by this notice: administrative matters; and allocation of
comments.
An agency may not conduct or allocable investment expense; original
SUMMARY: The Internal Revenue Service, sponsor, and a person is not required to issue discount reporting requirements.
as part of its continuing effort to reduce respond to, a collection of information
DATES: Written comments should be
paperwork and respondent burden, unless the collection of information
received on or before March 30, 2018 to
invites the general public and other displays a valid OMB control number.
be assured of consideration.
Federal agencies to take this Books or records relating to a collection
of information must be retained as long ADDRESSES: Direct all written comments
opportunity to comment on proposed to Laurie Brimmer, Internal Revenue
and/or continuing information as their contents may become material
in the administration of any internal Service, Room 6526, 1111 Constitution
collections, as required by the Avenue NW, Washington, DC 20224.
Paperwork Reduction Act of 1995. revenue law. Generally, tax returns and
tax return information are confidential, FOR FURTHER INFORMATION CONTACT:
Currently, the IRS is soliciting
comments concerning employers’ as required by 26 U.S.C. 6103. Requests for additional information or
qualified educational assistance Request for Comments: Comments copies of this regulation should be
programs. submitted in response to this notice will directed to LaNita Van Dyke, at Internal
be summarized and/or included in the Revenue Service, Room 6526, 1111
DATES: Written comments should be request for OMB approval. All Constitution Avenue NW, Washington,
received on or before March 30, 2018 to comments will become a matter of DC 20224, or (202) 317–6009 or, through
be assured of consideration. public record. Comments are invited on: the internet, at Lanita.VanDyke@irs.gov.
ADDRESSES: Direct all written comments (a) Whether the collection of SUPPLEMENTARY INFORMATION:
to Laurie Brimmer, Internal Revenue information is necessary for the proper Title: T.D. 8366, Real Estate Mortgage
Service, Room 6526, 1111 Constitution performance of the functions of the Investment Conduits; Reporting
Avenue NW, Washington, DC 20224. agency, including whether the Requirements and Other Administrative
FOR FURTHER INFORMATION CONTACT: information shall have practical utility; Matters. T.D. 8431, Allocation of
Requests for additional information or (b) the accuracy of the agency’s estimate Allocable Investment Expense; Original
copies of the regulation should be of the burden of the collection of Issue Discount Reporting Requirements.
directed to LaNita Van Dyke at Internal information; (c) ways to enhance the OMB Number: 1545–1018.
Revenue Service, Room 6526, 1111 quality, utility, and clarity of the Regulation Project Number: T.D. 8366
sradovich on DSK3GMQ082PROD with NOTICES

Constitution Avenue NW, Washington, information to be collected; (d) ways to and T.D. 8431.
DC 20224, or (202) 317–6009 or, through minimize the burden of the collection of Abstract: T.D. 8366 contains
the internet at Lanita.VanDyke@irs.gov. information on respondents, including temporary and final regulations relating
SUPPLEMENTARY INFORMATION: through the use of automated collection to real estate mortgage investment
Title: Employers’ Qualified techniques or other forms of information conduits (REMICS). T.D. 8431 contains
Educational Assistance Programs. technology; and (e) estimates of capital final regulations relating to reporting
OMB Number: 1545–0768. or start-up costs and costs of operation, requirements with respect to single-

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Document Created: 2018-01-27 00:57:40
Document Modified: 2018-01-27 00:57:40

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 March 30, 2018 to be assured of consideration.
Contact		Requests for additional information or copies of the regulation should be directed to LaNita Van Dyke at Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, or (202) 317-6009 or, through the internet at [email protected]
FR Citation		83 FR 4128

83 FR 4128 - Proposed Collection; Comment Request for Regulation Project

DEPARTMENT OF THE TREASURYInternal Revenue Service

Federal Register Volume 83, Issue 19 (January 29, 2018)

DEPARTMENT OF THE TREASURY
Internal Revenue Service