83 FR 48894 - Agency Information Collection Activities; Submission for OMB Review; Comment Request; Multiple IRS Information Collection Requests

DEPARTMENT OF THE TREASURY

Federal Register Volume 83, Issue 188 (September 27, 2018)

Page Range		48894-48895
FR Document		2018-21065

The Department of the Treasury will submit the following information collection requests to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, on or after the date of publication of this notice. The public is invited to submit comments on these requests.

Federal Register, Volume 83 Issue 188 (Thursday, September 27, 2018)

[Federal Register Volume 83, Number 188 (Thursday, September 27, 2018)]
[Notices]
[Pages 48894-48895]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-21065]


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DEPARTMENT OF THE TREASURY


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Multiple IRS Information Collection Requests

AGENCY: Departmental Offices, U.S. Department of the Treasury.

ACTION: Notice.

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

SUMMARY: The Department of the Treasury will submit the following 
information collection requests to the Office of Management and Budget 
(OMB) for review and clearance in accordance with the Paperwork 
Reduction Act of 1995, on or after the date of publication of this 
notice. The public is invited to submit comments on these requests.

DATES: Comments should be received on or before October 29, 2018 to be 
assured of consideration.

ADDRESSES: Send comments regarding the burden estimate, or any other 
aspect of the information collection, including suggestions for 
reducing the burden, to (1) Office of Information and Regulatory 
Affairs, Office of Management and Budget, Attention: Desk Officer for 
Treasury, New Executive Office Building, Room 10235, Washington, DC 
20503, or email at [email protected] and (2) Treasury PRA 
Clearance Officer, 1750 Pennsylvania Ave. NW, Suite 8142, Washington, 
DC 20220, or email at [email protected].

FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be 
obtained from Jennifer Leonard by emailing [email protected], calling 
(202) 622-0489, or viewing the entire information collection request at 
www.reginfo.gov.

SUPPLEMENTARY INFORMATION: 

Internal Revenue Service (IRS)

    Title: U.S. Income Tax Return for Estates and Trusts.
    OMB Control Number: 1545-0092.
    Type of Review: Revision of a currently approved collection.
    Abstract: IRC section 6012 requires that an annual income tax 
return be filed for estates and trusts. Data is used to determine that 
the estates, trusts, and beneficiaries file the proper returns and paid 
the correct tax. The various schedules (Schedule D, I, J, and K-I) are 
used in the collection of information under the various authorizing 
statutes seen below (Legal Statutes). The worksheets are used to figure 
various taxes and deductions. Form 1041-V allows the Internal Revenue 
Service to process the payment more accurately and efficiently. The IRS 
strongly encourages the use of Form 1041-V, but there is no penalty if 
it is not used. The FAQs posted to IRS.gov will assist taxpayers in 
fulfilling their filing obligations for 2017.
    Form: 1041, Schedule D (form 1041), Schedule I (Form 1041), 
Schedule J (Form 1041), Schedule K-1 (Form 1041), 1041-V.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 307,844,800.

    Title: Application for Filing Information Returns Electronically.
    OMB Control Number: 1545-0387.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: Under section 6011(e)(2)(a) of the Internal Revenue Code, 
any person, including corporations, partnerships, individuals, estates 
and trusts, who is required to file 250 or more information returns 
must file such returns electronically. Payers required to file 
electronically must complete Form 4419 to receive authorization to 
file.
    Form: 4419.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 6,500.

    Title: T.D. 9013 Limitation on Passive Activity Losses and 
Credits--Treatment on Self-Charged Items of Income and Expense.
    OMB Control Number: 1545-1244.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: These previously approved regulations provide guidance on 
the treatment of self-charged items of income and expense under section 
469. The regulations recharacterize a percentage of certain portfolio 
income and expense as passive income and expense (self-charged items) 
when a taxpayer engages in a lending transaction with a partnership or 
an S corporation (passthrough entity) in which the taxpayer owns a 
direct or indirect interest and the loan proceeds are used in a passive 
activity. Similar rules apply to lending transactions between two 
identically owned passthrough entities. These final regulations affect 
taxpayers subject to the limitations on passive activity losses and 
credits.
    Form: None.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 100.

    Title: Form 8849 & Schedules 1,2,3,5,6 & 8--Claim for Refund of 
Excise Taxes.
    OMB Control Number: 1545-1420.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: IRC sections 6402, 6404, 6511 and sections 301.6402-2, 
301.6404-1, and 301.6404-3 of the regulations, allow for refunds of 
taxes (except income taxes) or refund,

[[Page 48895]]

abatement, or credit of interest, penalties, and additions to tax in 
the event of errors or certain actions by IRS. Form 8849 is used by 
taxpayers to claim refunds of excise taxes.
    Form: Schedule 1 (Form 8849), Schedule 2 (Form 8849), Schedule-3 
(Form 8849), Schedule 5 (Form 8849), Schedule 6 (Form 8849), Schedule 8 
(Form 8849), Form 8849.
    Affected Public: Individuals or Households.
    Estimated Total Annual Burden Hours: 946,827.

    Title: Performance & Quality for Small Wind Energy Property.
    OMB Control Number: 1545-2259.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: Section 48(a)(3)(D) of the Internal Revenue Code allows a 
credit for energy property which meets, among other requirements, the 
performance and quality standards (if any) which have been prescribed 
by the Secretary by regulations (after consultation with the Secretary 
of Energy), and are in effect at the time of the acquisition of the 
property. Energy property includes small wind energy property.
    This notice provides the performance and quality standards that 
small wind energy property must meet to qualify for the energy credit 
under section 48.
    Form: None.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 400.

    Authority: 44 U.S.C. 3501 et seq.

    Dated: September 24, 2018.
Jennifer P. Quintana,
Treasury PRA Clearance Officer.
[FR Doc. 2018-21065 Filed 9-26-18; 8:45 am]
 BILLING CODE 4830-01-P

48894 Federal Register / Vol. 83, No. 188 / Thursday, September 27, 2018 / Notices

DEPARTMENT OF THE TREASURY SUMMARY: The Department of the Estimated Total Annual Burden
Treasury will submit the following Hours: 307,844,800.
Internal Revenue Service information collection requests to the Title: Application for Filing
Office of Management and Budget Information Returns Electronically.
Open Meeting of the Taxpayer (OMB) for review and clearance in OMB Control Number: 1545–0387.
Advocacy Panel Notices and accordance with the Paperwork Type of Review: Extension without
Correspondence Project Committee; Reduction Act of 1995, on or after the change of a currently approved
Correction date of publication of this notice. The collection.
AGENCY: Internal Revenue Service (IRS), public is invited to submit comments on Abstract: Under section 6011(e)(2)(a)
Treasury. these requests. of the Internal Revenue Code, any
ACTION: Notice of meeting; correction. DATES: Comments should be received on person, including corporations,
or before October 29, 2018 to be assured partnerships, individuals, estates and
SUMMARY: In the Federal Register notice of consideration. trusts, who is required to file 250 or
that was originally published on ADDRESSES: Send comments regarding more information returns must file such
September 11, 2018, (Volume 83, the burden estimate, or any other aspect returns electronically. Payers required
Number 176, Page 46019) the Point of of the information collection, including to file electronically must complete
Contact information was changed from suggestions for reducing the burden, to Form 4419 to receive authorization to
Otis Simpson, (202) 317–3332, to (1) Office of Information and Regulatory file.
Gregory Giles, 240–613–6478. All Affairs, Office of Management and Form: 4419.
meeting details remain unchanged. Budget, Attention: Desk Officer for Affected Public: Businesses or other
DATES: The meeting will be held Treasury, New Executive Office for-profits.
Thursday, October 11, 2018. Building, Room 10235, Washington, DC Estimated Total Annual Burden
FOR FURTHER INFORMATION CONTACT: 20503, or email at OIRA_Submission@ Hours: 6,500.
Gregory Giles at 1–888–912–1227 or OMB.EOP.gov and (2) Treasury PRA Title: T.D. 9013 Limitation on Passive
240–613–6478. Clearance Officer, 1750 Pennsylvania Activity Losses and Credits—Treatment
SUPPLEMENTARY INFORMATION: Notice is Ave. NW, Suite 8142, Washington, DC on Self-Charged Items of Income and
hereby given pursuant to Section 20220, or email at PRA@treasury.gov. Expense.
10(a)(2) of the Federal Advisory FOR FURTHER INFORMATION CONTACT: OMB Control Number: 1545–1244.
Committee Act, 5 U.S.C. App. (1988) Copies of the submissions may be Type of Review: Extension without
that a meeting of the Taxpayer obtained from Jennifer Leonard by change of a currently approved
Advocacy Panel Notices and emailing PRA@treasury.gov, calling collection.
Correspondence Project Committee will (202) 622–0489, or viewing the entire Abstract: These previously approved
be held Thursday, October 11, 2018, at information collection request at regulations provide guidance on the
1:00 p.m. Eastern Time via www.reginfo.gov. treatment of self-charged items of
teleconference. The public is invited to income and expense under section 469.
make oral comments or submit written SUPPLEMENTARY INFORMATION:
The regulations recharacterize a
statements for consideration. Due to Internal Revenue Service (IRS) percentage of certain portfolio income
limited conference lines, notification of and expense as passive income and
Title: U.S. Income Tax Return for
intent to participate must be made with expense (self-charged items) when a
Estates and Trusts.
Gregory Giles. For more information taxpayer engages in a lending
OMB Control Number: 1545–0092.
please contact Gregory Giles at 1–888– Type of Review: Revision of a transaction with a partnership or an S
912–1227 or (240) 613–6478, or write currently approved collection. corporation (passthrough entity) in
TAP Office, 1111 Constitution Ave. NW, Abstract: IRC section 6012 requires which the taxpayer owns a direct or
Room 1509, Washington, DC 20224 or that an annual income tax return be indirect interest and the loan proceeds
contact us at the website: http:// filed for estates and trusts. Data is used are used in a passive activity. Similar
www.improveirs.org. The agenda will to determine that the estates, trusts, and rules apply to lending transactions
include various IRS issues. beneficiaries file the proper returns and between two identically owned
The agenda will include a discussion passthrough entities. These final
paid the correct tax. The various
on various letters, and other issues regulations affect taxpayers subject to
schedules (Schedule D, I, J, and K–I) are
related to written communications from the limitations on passive activity losses
used in the collection of information
the IRS. and credits.
under the various authorizing statutes
Dated: September 19, 2018. seen below (Legal Statutes). The Form: None.
Cedric Jeans, worksheets are used to figure various Affected Public: Businesses or other
Acting Director, Taxpayer Advocacy Panel. taxes and deductions. Form 1041–V for-profits.
[FR Doc. 2018–21002 Filed 9–26–18; 8:45 am] allows the Internal Revenue Service to Estimated Total Annual Burden
BILLING CODE 4830–01–P process the payment more accurately Hours: 100.
and efficiently. The IRS strongly Title: Form 8849 & Schedules
encourages the use of Form 1041–V, but 1,2,3,5,6 & 8—Claim for Refund of
DEPARTMENT OF THE TREASURY there is no penalty if it is not used. The Excise Taxes.
FAQs posted to IRS.gov will assist OMB Control Number: 1545–1420.
Agency Information Collection taxpayers in fulfilling their filing Type of Review: Extension without
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Activities; Submission for OMB obligations for 2017. change of a currently approved
Review; Comment Request; Multiple Form: 1041, Schedule D (form 1041), collection.
IRS Information Collection Requests Schedule I (Form 1041), Schedule J Abstract: IRC sections 6402, 6404,
AGENCY: Departmental Offices, U.S. (Form 1041), Schedule K–1 (Form 6511 and sections 301.6402–2,
Department of the Treasury. 1041), 1041–V. 301.6404–1, and 301.6404–3 of the
Affected Public: Businesses or other regulations, allow for refunds of taxes
ACTION: Notice.
for-profits. (except income taxes) or refund,

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Federal Register / Vol. 83, No. 188 / Thursday, September 27, 2018 / Notices 48895

abatement, or credit of interest, information collections listed below, in to BEP’s continued efforts to provide
penalties, and additions to tax in the accordance with the Paperwork meaningful access to U.S. paper
event of errors or certain actions by IRS. Reduction Act of 1995. currency for blind and visually
Form 8849 is used by taxpayers to claim DATES: Written comments must be impaired persons. Following standard
refunds of excise taxes. received on or before November 26, OMB requirements, for each information
Form: Schedule 1 (Form 8849), 2018. collection that BEP proposes to
Schedule 2 (Form 8849), Schedule-3 undertake under this generic clearance,
(Form 8849), Schedule 5 (Form 8849), ADDRESSES: Send comments regarding the OMB will be notified at least two
Schedule 6 (Form 8849), Schedule 8 the burden estimate, or any other aspect weeks in advance and provided with a
(Form 8849), Form 8849. of the information collection, including copy of the information collection
Affected Public: Individuals or suggestions for reducing the burden, to instrument along with supportive
Households. Treasury PRA Clearance Officer, 1750 materials. The BEP will only undertake
Estimated Total Annual Burden Pennsylvania Ave. NW, Suite 8100, a new collection if the OMB does not
Hours: 946,827. Washington, DC 20220, or email at object to the BEP’s proposal.
PRA@treasury.gov. Form: None.
Title: Performance & Quality for Small
Wind Energy Property. FOR FURTHER INFORMATION CONTACT: Affected Public: Individuals and
OMB Control Number: 1545–2259. Copies of the submissions may be households, businesses and other for-
Type of Review: Extension without obtained from Jennifer Quintana by profits, not-for-profit institutions.
emailing PRA@treasury.gov, calling Estimated Number of Respondents:
change of a currently approved
(202) 622–0489, or viewing the entire 650.
collection. Frequency of Response: On occasion.
Abstract: Section 48(a)(3)(D) of the information collection request at
www.reginfo.gov. Estimated Total Number of Annual
Internal Revenue Code allows a credit Responses: 650.
for energy property which meets, among SUPPLEMENTARY INFORMATION: Estimated Time per Response: 60
other requirements, the performance Title: Generic Clearance for minutes.
and quality standards (if any) which Meaningful Access Information Estimated Total Annual Burden
have been prescribed by the Secretary Collections. Hours: 650 hours.
by regulations (after consultation with OMB Control Number: 1520–0009. Request for Comments: Comments
the Secretary of Energy), and are in Type of Review: Extension without submitted in response to this notice will
effect at the time of the acquisition of change of a currently approved be summarized and included in the
the property. Energy property includes collection. request for Office of Management and
small wind energy property. Description: A court order was issued Budget approval. All comments will
This notice provides the performance in American Council of the Blind v. become a matter of public record.
and quality standards that small wind Paulson, 591 F. Supp. 2d 1 (D.D.C. Comments are invited on: (a) Whether
energy property must meet to qualify for 2008) (‘‘ACB v. Paulson’’) requiring the the collection of information is
the energy credit under section 48. Department of the Treasury and BEP to necessary for the proper performance of
Form: None. ‘‘provide meaningful access to United the functions of the agency, including
Affected Public: Businesses or other States currency for blind and other whether the information shall have
for-profits. visually impaired persons, which steps practical utility; (b) the accuracy of the
Estimated Total Annual Burden shall be completed, in connection with agency’s estimate of the burden of the
Hours: 400. each denomination of currency, not collection of information; (c) ways to
Authority: 44 U.S.C. 3501 et seq. later than the date when a redesign of enhance the quality, utility, and clarity
that denomination is next approved by of the information to be collected; (d)
Dated: September 24, 2018.
the Secretary of the Treasury. . . .’’ ways to minimize the burden of the
Jennifer P. Quintana,
In compliance with the court’s order, collection of information on
Treasury PRA Clearance Officer. BEP intends to meet with blind and respondents, including through the use
[FR Doc. 2018–21065 Filed 9–26–18; 8:45 am] visually impaired persons and request of technology; and (e) estimates of
BILLING CODE 4830–01–P their feedback about tactile features that capital or start-up costs and costs of
BEP is considering for possible operation, maintenance, and purchase
incorporation into the next U.S. paper of services required to provide
DEPARTMENT OF THE TREASURY currency redesign. BEP employees will information.
attend national conventions and Authority: 44 U.S.C. 3501 et seq.
Agency Information Collection
conferences for disabled persons, as
Activities; Proposed Collection; Dated: September 24, 2018.
well as focus groups and other meetings.
Comment Request; Generic Clearance Spencer W. Clark,
At those gatherings, BEP employees will
for Meaningful Access Information Treasury PRA Clearance Officer.
invite blind and visually impaired
Collections [FR Doc. 2018–21076 Filed 9–26–18; 8:45 am]
persons to provide feedback about
AGENCY: Departmental Offices, U.S. certain tactile features being considered BILLING CODE 4840–01–P
Department of the Treasury. for inclusion in future United States
ACTION: Notice. currency paper designs. In the past BEP
contracted with specialists in the field DEPARTMENT OF THE TREASURY
SUMMARY: The Department of the of tactile acuity to develop a
daltland on DSKBBV9HB2PROD with NOTICES

Agency Information Collection
Treasury, on behalf of itself and the methodology for collecting the feedback.
Activities; Proposed Collection;
United States Bureau of Engraving and This same or substantially similar
Comment Request; Multiple
Printing (BEP) and as part of its methodology will be used to continue
Departmental Offices Information
continuing effort to reduce paperwork this information collection.
Collection Requests
and respondent burden, invites the Over the next three years, the BEP
general public and other federal anticipates undertaking a variety of new AGENCY:Departmental Offices, U.S.
agencies to comment on the proposed information collection activities related Department of the Treasury.

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Document Created: 2018-09-27 01:05:07
Document Modified: 2018-09-27 01:05:07

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.
Dates		Comments should be received on or before October 29, 2018 to be assured of consideration.
Contact		Copies of the submissions may be obtained from Jennifer Leonard by emailing [email protected], calling (202) 622-0489, or viewing the entire information collection request at www.reginfo.gov.
FR Citation		83 FR 48894