[Federal Register Volume 80, Number 143 (Monday, July 27, 2015)]
[Notices]
[Pages 44424-44425]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-18384]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Regulation Project

AGENCY: Internal Revenue Service (IRS), Treasury.

[[Page 44425]]


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 13925, Notice of Election and Agreement to Special Lien under 
Internal Revenue Code Section 6324A and Regulations, and special lien 
for estate taxes deferred under section 6166 or 6166A.

DATES: Written comments should be received on or before September 25, 
2015, to be assured of consideration.

ADDRESSES: Direct all written comments to Christie Preston, Internal 
Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington, 
DC 20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the regulations or form should be directed to Kerry Dennis at 
Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW., 
Washington, DC 20224, or through the Internet at [email protected].

SUPPLEMENTARY INFORMATION: 
    Title: Notice of Election and Agreement to Special Lien under 
Internal Revenue Code Section 6324A and Regulations, and Special lien 
for estate taxes deferred under section 6166 or 6166A.
    OMB Number: 1545-2109.
    Regulation Project Number: Form 13925 and TD 7941.
    Abstract: Under IRC section 6166, an estate may elect to pay the 
estate tax in installments over 14 years if certain conditions are met. 
If the IRS determines that the government's interest in collecting 
estate tax is sufficiently at risk, it may require the estate provide a 
bond. Alternatively, the executor may elect to provide a lien in lieu 
of bond. Under section 6324A(c) and the regulations there under, to 
make this election the executor must submit a lien agreement to the 
IRS. Form 13925 is a form lien agreement that executors may use for 
this purpose.
    Current Actions: There is no change to this existing regulation.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Individuals or households.
    Estimated Number of Respondents: 510.
    Estimated Time per Respondent: 1 hr.
    Estimated Total Annual Burden Hours: 510.
    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: July 10, 2015.
Christie Preston,
IRS Reports Clearance Officer.
[FR Doc. 2015-18384 Filed 7-24-15; 8:45 am]
BILLING CODE 4830-01-P