[Federal Register Volume 81, Number 221 (Wednesday, November 16, 2016)]
[Notices]
[Pages 80719-80720]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-27490]


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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

November 9, 2016.
    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 December 16, 2016 to be 
assured of consideration.

ADDRESSES: Send comments regarding the burden estimates, or any other 
aspect of the information collections, 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 8142, Washington, 
DC 20220, or email at [email protected].

FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be 
obtained by emailing [email protected], calling (202) 622-0934, or 
viewing the entire information collection request at www.reginfo.gov.

Internal Revenue Service (IRS)

    OMB Control Number: 1545-0057.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Form 1024--Application for Recognition of Exemption Under 
Section 501(a).
    Form: 1024.
    Abstract: Organizations seeking exemption from Federal Income tax 
under Internal Revenue Code section 501(a) as an organization described 
in most paragraphs of section 501(c) must use Form 1024 to apply for 
exemption. The information collected is used to determine whether the 
organization qualifies for tax-exempt status.
    Affected Public: Not-for-profit institutions.
    Estimated Total Annual Burden Hours: 291,542.

    OMB Control Number: 1545-0874.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Carryforward Election of Unused Private Activity Bond Volume 
Cap.
    Form: 8328.
    Abstract: Section 146(f) of the Internal Revenue Code requires that 
issuing authorities of certain types of tax-exempt bonds must notify 
the IRS if they intend to carry forward the unused limitation for 
specific projects. The IRS uses the information to complete the 
required study of tax-exempt bonds (required by Congress).
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 132,200.

    OMB Control Number: 1545-0908.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Form 8282--Donee Information Return; Form 8283--Noncash 
Charitable Contributions, and Form 8283-V--Payment Voucher for Filing 
Fee Under Section 170(f)(13).
    Forms: 8282, 8283, 8283-V.
    Abstract: Internal Revenue Code section 170(a)(1) and regulation 
section 1.170A-13(c) require donors of property valued over $5,000 to 
file certain information with their tax return in order to receive the 
charitable contribution deduction. Form 8283 is used to report the 
required information. Code section 6050L requires donee organizations 
to file an information return with the IRS if they dispose of the 
property received within two years. Form 8282 is used for this purpose. 
Form 8283-V is used to send along with the filing fee that is required 
if a taxpayer claims a deduction of more than $10,000 for a charitable 
contribution of an easement on the exterior of a building in a 
registered historic district.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 7,806,097.

    OMB Control Number: 1545-1717.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Tip Rate Determination Agreement (TRDA) for Most Industries.
    Abstract: Information is required by the Internal Revenue Service 
in its tax compliance efforts to assist employers and their employees 
in understanding and complying with section 6053(a), which requires 
employees to report all their tips monthly to their employers.

[[Page 80720]]

    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 1,897.

    OMB Control Number: 1545-2197.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Election to Expense Certain Depreciable Assets.
    Form: 1097-BTC.
    Abstract: This is an information return for reporting tax credit 
bond credits distributed to holders of tax credit bonds. The taxpayer 
holding a tax credit bond on an allowance date during a tax year is 
allowed a credit against federal income tax equivalent to the interest 
that the bond would otherwise pay. The bondholder must include the 
amount of the credit in gross income and treat it as interest income. 
The issuers and holders of the tax credit bond will send Form 1097-BTC 
to the bond holders quarterly and file the return with the IRS 
annually.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 67.

Bob Faber,
Acting Treasury PRA Clearance Officer.
[FR Doc. 2016-27490 Filed 11-15-16; 8:45 am]
 BILLING CODE 4830-01-P