[Federal Register Volume 79, Number 208 (Tuesday, October 28, 2014)]
[Notices]
[Page 64250]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-25512]


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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

October 22, 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 November 28, 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 8140, Washington, 
DC 20220, or email at [email protected].

FOR FURTHER INFORMATION CONTACT: Copies of the submission(s) may be 
obtained by calling (202) 927-5331, email at [email protected], or the 
entire information collection request may be found at www.reginfo.gov.

Internal Revenue Service (IRS)

    OMB Number: 1545-0024.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Claim for Refund and Request for Abatement.
    Form: 843.
    Abstract: IRC sections 6402 and 6404 and CFR sections 301.6404-2 
and 301.6404-3 allow for refunds of taxes (except income taxes) or 
refund, abatement, or credit of interest, penalties, and additions to 
tax in the event of errors or certain action by the IRS. Form 843 is 
used by taxpayers to claim these refunds, credits, or abatements.
    Affected Public: Individuals or Households.
    Estimated Annual Burden Hours: 875,295.

    OMB Number: 1545-0877.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Acquisition or Abandonment of Secured Property.
    Form: 1099-A.
    Abstract: Form 1099-A is used by persons who lend money in 
connection with a trade or business, and who acquire an interest in the 
property that is security for the loan or who have reason to know that 
the property has been abandoned, to report the acquisition or 
abandonment.
    Affected Public: Private Sector: Businesses or other for-profits.
    Estimated Annual Burden Hours: 202,800.

    OMB Number: 1545-1073.
    Type of Review: Revision of a currently approved collection.
    Title: Credit for Prior Year Minimum Tax--Individuals, Estates and 
Trusts.
    Form: 8801.
    Abstract: Form 8801 is used by individuals, estates, and trusts to 
compute the minimum tax credit, if any, available from a tax year 
beginning after 1986 to be used in the current year or to be carried 
forward for use in a future year.
    Affected Public: Individuals or Households.
    Estimated Annual Burden Hours: 91,173.

    OMB Number: 1545-1493.
    Type of Review: Extension of a currently approved collection.
    Title: T.D. 8684--Treatment of Gain From the Disposition of 
Interest in Certain Natural Resource Recapture Property by S 
Corporations and Their Shareholders.
    Abstract: This regulation prescribes rules under Code section 1254 
relating to the treatment by S corporations and their shareholders of 
gain from the disposition of natural resource recapture property and 
from the sale or exchange of S corporation stock. Section 1.1254(c)(2) 
of the regulation provides that gain recognized on the sale or exchange 
of S corporation stock is not treated as ordinary income if the 
shareholder attaches a statement to his or her return containing 
information establishing that the gain is not attributable to section 
1254 costs.
    Affected Public: Private Sector: Businesses and other for-profits.
    Estimated Annual Burden Hours: 1,000.

Dawn D. Wolfgang,
Treasury PRA Clearance Officer.
[FR Doc. 2014-25512 Filed 10-27-14; 8:45 am]
BILLING CODE 4830-01-P