[Federal Register Volume 80, Number 209 (Thursday, October 29, 2015)]
[Notices]
[Page 66621]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-27492]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 1041-T
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
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SUMMARY: The Department of the Treasury, 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, Public Law 104-13(44 U.S.C.
3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning
Form 1041-T, Allocation of Estimated Tax Payments to Beneficiaries.
DATES: Written comments should be received on or before December 28,
2015 to be assured of consideration.
ADDRESSES: Direct all written comments to Michael A. Joplin, Internal
Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington,
DC 20224.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the form and instructions should be directed to Martha R.
Brinson, Internal Revenue Service, Room 6129, 1111 Constitution Avenue
NW., Washington, DC 20224, or through the Internet at
[email protected].
SUPPLEMENTARY INFORMATION:
Title: Allocation of Estimated Tax Payments to Beneficiaries.
OMB Number: 1545-1020.
Form Number: 1041-T.
Abstract: This form allows a trustee of a trust or an executor of
an estimate to make an election under Internal Revenue Code section
643(g) to allocate any payment of estimated tax to a beneficiary(ies).
The IRS uses the information on the form to determine the correct
amounts that are to be transferred from the fidiciary's account to the
individual's account.
Current Actions: There are no changes being made to the form at
this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations.
Estimated Number of Responses: 1,000.
Estimated Number of Respondents: 59 minutes.
Estimated Total Annual Burden Hours: 990.
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: October 19, 2015.
Michael A. Joplin,
IRS Reports Clearance Office.
[FR Doc. 2015-27492 Filed 10-28-15; 8:45 am]
BILLING CODE 4830-01-P