83_FR_8775 83 FR 8735 - Proposed Collection; Comment Request for Form 8904

83 FR 8735 - Proposed Collection; Comment Request for Form 8904

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 83, Issue 40 (February 28, 2018)

Page Range8735-8735
FR Document2018-04099

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 Credit for Oil and Gas Production From Marginal Wells.

Federal Register, Volume 83 Issue 40 (Wednesday, February 28, 2018)
[Federal Register Volume 83, Number 40 (Wednesday, February 28, 2018)]
[Notices]
[Page 8735]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-04099]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 8904

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 Credit for Oil and 
Gas Production From Marginal Wells.

DATES: Written comments should be received on or before April 30, 2018 
to be assured of consideration.

ADDRESSES: Direct all written comments to L. 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 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: Credit for Oil and Gas Production From Marginal Wells.
    OMB Number: 1545-2278.
    Form Number: 8904.
    Abstract: Public Law 108-357, Title III, Subtitle C, section 341(a) 
has caused us to develop a credit for oil and gas production from 
marginal wells, which is reflected on Form 8904 and its instructions. 
Tax year 2017 will be the first year Form 8904 and its instructions 
will be released.
    Current Actions: There are no changes being made to Form 8904 at 
this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations, 
Individuals or households, not-for-profit institutioins, farms, and 
state, local or tribal governments.
    Estimated Number of Responses: 20,000.
    Estimated Time per Respondent: 2 hrs., 58 mins.
    Estimated Total Annual Burden Hours: 59,200.
    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: February 23, 2018.
L. Brimmer,
Senior Tax Analyst.
[FR Doc. 2018-04099 Filed 2-27-18; 8:45 am]
 BILLING CODE 4830-01-P



                                                                          Federal Register / Vol. 83, No. 40 / Wednesday, February 28, 2018 / Notices                                           8735

                                                whether the information shall have                      production from marginal wells, which                 DEPARTMENT OF THE TREASURY
                                                practical utility; (b) the accuracy of the              is reflected on Form 8904 and its
                                                agency’s estimate of the burden of the                  instructions. Tax year 2017 will be the               United States Mint
                                                collection of information; (c) ways to                  first year Form 8904 and its instructions
                                                enhance the quality, utility, and clarity               will be released.                                     Renewal of Currently Approved
                                                of the information to be collected; (d)                                                                       Information Collection: Comment
                                                                                                           Current Actions: There are no changes              Request for Application for Intellectual
                                                ways to minimize the burden of the                      being made to Form 8904 at this time.
                                                collection of information on                                                                                  Property Use Forms
                                                respondents, including through the use                     Type of Review: Extension of a
                                                                                                                                                                    United States Mint.
                                                                                                                                                              AGENCY:
                                                of automated collection techniques or                   currently approved collection.
                                                                                                                                                                    Notice and request for
                                                                                                                                                              ACTION:
                                                other forms of information technology;                     Affected Public: Business or other for-            comments.
                                                and (e) estimates of capital or start-up                profit organizations, Individuals or
                                                costs and costs of operation,                           households, not-for-profit institutioins,             SUMMARY:    The Department of the
                                                maintenance, and purchase of services                   farms, and state, local or tribal                     Treasury invites the general public and
                                                to provide information.                                 governments.                                          other Federal agencies to take this
                                                  Approved: February 23, 2018.                             Estimated Number of Responses:                     opportunity to comment on currently
                                                L. Brimmer,                                             20,000.                                               approved information collection 1525–
                                                                                                                                                              0013, as required by the Paperwork
                                                Senior Tax Analyst.                                        Estimated Time per Respondent: 2                   Reduction Act of 1995, Public Law 104–
                                                [FR Doc. 2018–04095 Filed 2–27–18; 8:45 am]             hrs., 58 mins.                                        13. The United States Mint, a bureau of
                                                BILLING CODE 4830–01–P                                                                                        the Department of the Treasury, is
                                                                                                           Estimated Total Annual Burden
                                                                                                        Hours: 59,200.                                        soliciting comments on the United
                                                                                                           The following paragraph applies to all             States Mint Application for Intellectual
                                                DEPARTMENT OF THE TREASURY
                                                                                                        of the collections of information covered             Property Use form.
                                                Internal Revenue Service                                by this notice:                                       DATES: Written comments should be
                                                                                                                                                              received on or before April 30, 2018 to
                                                Proposed Collection; Comment                               An agency may not conduct or                       be assured of consideration.
                                                Request for Form 8904                                   sponsor, and a person is not required to
                                                                                                                                                              ADDRESSES: Direct all written comments
                                                                                                        respond to, a collection of information
                                                                                                                                                              to Mary Ann Scharbrough, Office of the
                                                AGENCY: Internal Revenue Service (IRS),                 unless the collection of information
                                                                                                                                                              Director, Executive Secretariat, United
                                                Treasury.                                               displays a valid OMB control number.
                                                                                                                                                              States Mint; 801 9th Street NW,
                                                ACTION: Notice and request for                          Books or records relating to a collection
                                                                                                                                                              Washington, DC 20220; (202) 384–5805
                                                comments.                                               of information must be retained as long
                                                                                                                                                              (this is not a toll-free number);
                                                                                                        as their contents may become material
                                                SUMMARY:    The Internal Revenue Service                                                                      mary.scharbrough@usmint.treas.gov.
                                                                                                        in the administration of any internal
                                                (IRS), as part of its continuing effort to                                                                    FOR FURTHER INFORMATION CONTACT:
                                                                                                        revenue law. Generally, tax returns and
                                                reduce paperwork and respondent                         tax return information are confidential,              Requests for additional information or
                                                burden, invites the general public and                                                                        copies of the information collection
                                                                                                        as required by 26 U.S.C. 6103.
                                                other Federal agencies to take this                                                                           package should be directed to Mary Ann
                                                opportunity to comment on information                      Request for Comments: Comments                     Scharbrough, Office of the Director,
                                                collections, as required by the                         submitted in response to this notice will             Executive Secretariat, United States
                                                Paperwork Reduction Act of 1995. The                    be summarized and/or included in the                  Mint; 801 9th Street NW, Washington,
                                                IRS is soliciting comments concerning                   request for OMB approval. All                         DC 20220; (202) 384–5805 (this is not a
                                                Credit for Oil and Gas Production From                  comments will become a matter of                      toll-free number); mary.scharbrough@
                                                Marginal Wells.                                         public record. Comments are invited on:               usmint.treas.gov.
                                                                                                        (a) Whether the collection of
                                                DATES: Written comments should be                                                                             SUPPLEMENTARY INFORMATION:
                                                                                                        information is necessary for the proper                  Title: Application for Intellectual
                                                received on or before April 30, 2018 to                 performance of the functions of the
                                                be assured of consideration.                                                                                  Property Use.
                                                                                                        agency, including whether the                            OMB Number: 1525–0013.
                                                ADDRESSES: Direct all written comments                  information shall have practical utility;
                                                to L. Brimmer, Internal Revenue                                                                                  Abstract: The application form allows
                                                                                                        (b) the accuracy of the agency’s estimate             individuals and entities to apply for
                                                Service, Room 6526, 1111 Constitution                   of the burden of the collection of
                                                Avenue NW, Washington, DC 20224.                                                                              permissions and licenses to use United
                                                                                                        information; (c) ways to enhance the                  States Mint owned or controlled
                                                FOR FURTHER INFORMATION CONTACT:                        quality, utility, and clarity of the                  intellectual property.
                                                Requests for additional information or                  information to be collected; (d) ways to                 Current Actions: The United States
                                                copies of the form should be directed to                minimize the burden of the collection of              Mint reviews and assesses permission
                                                Martha R. Brinson, at (202) 317–5753 or                 information on respondents, including                 requests and applications for United
                                                at Internal Revenue Service, Room 6526,                 through the use of automated collection               States Mint intellectual property
                                                1111 Constitution Avenue NW,                            techniques or other forms of information              licenses.
                                                Washington, DC 20224, or through the                    technology; and (e) estimates of capital                 Type of Review: Renewal of a
                                                internet at Martha.R.Brinson@irs.gov.                   or start-up costs and costs of operation,             currently approved information
                                                                                                        maintenance, and purchase of services
sradovich on DSK3GMQ082PROD with NOTICES




                                                SUPPLEMENTARY INFORMATION:                                                                                    collection.
                                                   Title: Credit for Oil and Gas                        to provide information.                                  Affected Public: Businesses or other
                                                Production From Marginal Wells.                           Approved: February 23, 2018.                        for-profit; not-for-profit institutions;
                                                   OMB Number: 1545–2278.                                                                                     State, Local, or Tribal Government; and
                                                                                                        L. Brimmer,
                                                   Form Number: 8904.                                                                                         individuals or households.
                                                   Abstract: Public Law 108–357, Title                  Senior Tax Analyst.                                      Estimated Number of Respondents:
                                                III, Subtitle C, section 341(a) has caused              [FR Doc. 2018–04099 Filed 2–27–18; 8:45 am]           The estimated number of annual
                                                us to develop a credit for oil and gas                  BILLING CODE 4830–01–P                                respondents is 113.


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Document Created: 2018-02-28 03:19:43
Document Modified: 2018-02-28 03:19:43
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice and request for comments.
DatesWritten comments should be received on or before April 30, 2018 to be assured of consideration.
ContactRequests for additional information or copies of the form 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 Citation83 FR 8735 

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