[Federal Register Volume 79, Number 148 (Friday, August 1, 2014)]
[Notices]
[Pages 44971-44972]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-18199]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Information Collection; Comment Request
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 4423, Application for Filing Affordable Care Act (ACA) Information
Returns.
DATES: Written comments should be received on or before September 30,
2014 to be assured of consideration.
ADDRESSES: Direct all written comments to Stacey Becker, Internal
Revenue Service, Room 6526, 1111 Constitution Avenue NW., Washington,
DC 20224.
FOR FURTHER INFORMATION: Requests for additional information, or
copies of the information collection and instructions should be
addressed to Joe Durbala, at Internal Revenue Service, room 6129, 1111
Constitution Avenue NW., Washington, DC 20224, or through the Internet,
at [email protected].
SUPPLEMENTARY INFORMATION:
Title: Application for Filing Affordable Care Act (ACA) Information
Returns.
OMB Number: 1545-2251.
Form Numbers: 4423.
Abstract:
IRC Sec. 6055 states beginning in January 2015, Health Insurance
Marketplaces will be required to provide end of year information
reporting in the form of information returns. IRC Sec. 6056 states all
insurance providers issuing Minimal Essential Coverage and Applicable
Large Employers will have the option to begin voluntarily transmitting
information returns to meet ACA information reporting requirements in
2015; however, these requirements will become mandatory in January
2016, for the 2015 Tax Year. Section 6011(e)(2)(A) of the Internal
Revenue Code provides that any person, including a corporation,
partnership, individual, estate, or trust, who is required to file 250
or more information returns, must file such returns electronically.
Form 4423 will be used when a company is a foreign filer that does not
have an Employer Identification Number (EIN) and cannot use the
electronic application process to apply for an Affordable Care Act
Transmitter Control Code.
Current Actions: Requesting OMB approval to add Form 4423 under
this currently approved OMB number.
Type of Review: Revision to a currently approved collection.
Affected Public: Individuals or households, Business or other for-
profit, and not-for-profit entities.
Estimated Number of Responses: 6.
Estimated Time per Response: 20 minutes.
Estimated Total Annual Burden Hours: 2.
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 agency's functions, including whether the
information has 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 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.
[[Page 44972]]
Approved: July 29, 2014.
Stacey Becker,
Director, Tax Forms and Publications Division.
[FR Doc. 2014-18199 Filed 7-31-14; 8:45 am]
BILLING CODE 4830-01-P