[Federal Register Volume 79, Number 79 (Thursday, April 24, 2014)]
[Notices]
[Pages 22841-22842]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-09347]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Submission for OMB Review; Comment Request
April 21, 2014.
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, Public Law 104-13, on or after the date of
publication of this notice.
DATES: Comments should be received on or before May 27, 2014 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 8141, Washington,
DC 20220, or email at [email protected].
FOR FURTHER INFORMATION CONTACT: Copies of the submission(s) may be
obtained by emailing [email protected], calling (202) 622-1295, or
viewing the entire information collection request at www.reginfo.gov.
Internal Revenue Service (IRS)
OMB Number: 1545-0901.
Type of Review: Extension without change of a currently approved
collection.
Title: Mortgage Interest Statement.
Form: Form 1098.
Abstract: Form 1098 is used to report mortgage interest (including
points) of $600 or more received from an individual during the year in
the course of a mortgagor's trade or business.
Affected Public: Businesses or other for-profit organizations.
Estimated Annual Burden Hours: 8,038,699.
OMB Number: 1545-1462.
Type of Review: Extension without change of a currently approved
collection.
Title: PS-268-82 (TD 8696) Definitions Under Subchapter S of the
Internal Revenue Code.
Abstract: Regulations section 1.1377-1(b)(5) provides that an S
corporation making a terminating election under section 1377(a)(2) must
attach a statement to its timely filed original or amended return
required to be filed under section 6037(a) (that is, a Form 1120S).
Affected Public: The statement must provide information concerning
the events that gave rise to the election and declarations of consent
from the S corporation shareholders.
Estimated Annual Burden Hours: 1,000.
OMB Number: 1545-1750.
Type of Review: Extension without change of a currently approved
collection.
Title: Form 8038-R, Request for Recovery of Overpayments Under
Arbitrage Rebate Provisions.
Form: Form 8038-R.
Abstract: Form 8038-R is used by issuers of state and local bonds
to request a refund of amounts paid with Form 8038-T, Arbitrage Rebate,
Yield Reduction, and Penalty in Lieu of Arbitrage Rebate.
Affected Public: State, local, or tribal governments.
Estimated Annual Burden Hours: 2,458.
OMB Number: 1545-2078.
Type of Review: Extension without change of a currently approved
collection.
Title: Form 8886-T--Disclosure by Tax-Exempt Entity Regarding
Prohibited Tax Shelter Transaction.
Form: Form 8886-T.
Abstract: Certain tax-exempt entities are required to file Form
8886-T to disclose information with respect to each prohibited tax
shelter transaction to which the entity is a party.
Affected Public: Businesses or other for-profit organizations;
State, local, or tribal governments.
Estimated Annual Burden Hours: 70,395.
OMB Number: 1545-2188.
Type of Review: Revision of a currently approved collection.
[[Page 22842]]
Title: Form 8945--PTIN Supplemental Application For U.S. Citizens
without a Social Security Number.
Form: Form 8945.
Abstract: Form 8945 is used by U.S. citizens who are members of
certain recognized religious groups that want to prepare tax returns
for compensation. All tax return preparers must obtain a preparer tax
identification number (PTIN) to be eligible to prepare tax returns for
compensation. Generally, the IRS requires an individual to provide a
social security number (SSN) to get a PTIN. Because members of certain
religious groups have a conscientious objection to obtaining an SSN,
Form 8945 must be filed by these individuals to establish their
identity, U.S. citizenship, and status as members of a recognized
religious group.
Affected Public: Businesses or other for-profit organizations;
Individuals or households.
Estimated Annual Burden Hours: 3,590.
OMB Number: 1545-2189.
Type of Review: Extension without change of a currently approved
collection.
Title: Form 8946, PTIN Supplemental Application for Foreign Persons
Without a Social Security Number.
Form: Form 8946.
Abstract: Form 8946 is used by foreign persons without a social
security number that want to prepare tax returns for compensation.
Foreign persons who are tax return preparers must obtain a preparer tax
identification number (PTIN) to be eligible to prepare tax returns for
compensation. Generally, the IRS requires an individual to provide a
social security number (SSN) to get a PTIN. Because foreign persons
generally cannot get an SSN, they must file Form 8946 to establish
their identity and status as a foreign person.
Affected Public: Businesses or other for-profit organizations;
Individuals or households.
Estimated Annual Burden Hours: 105,400.
Brenda Simms,
Treasury PRA Clearance Officer.
[FR Doc. 2014-09347 Filed 4-23-14; 8:45 am]
BILLING CODE 4830-01-P