[Federal Register Volume 82, Number 77 (Monday, April 24, 2017)]
[Notices]
[Pages 18971-18973]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-08203]


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DEPARTMENT OF THE TREASURY


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Multiple IRS Information Collection Requests

AGENCY: Departmental Offices, U.S. Department of the Treasury.

ACTION: Notice.

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SUMMARY: The Department of the Treasury will submit the following 
information collection request(s) to the Office of Management and 
Budget (OMB) for review and clearance in accordance with the Paperwork 
Reduction Act of 1995, on or after the date of publication of this 
notice. The public is invited to submit comments on the collection(s) 
listed below.

DATES: Comments should be received on or before May 24, 2017 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 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) 622-0489, or 
viewing the entire information collection request at www.reginfo.gov.

SUPPLEMENTARY INFORMATION:

Internal Revenue Service (IRS)

    Title: Form 706-NA, United States Estate (and Generation-Skipping 
Transfer) Tax Return, Estate of nonresident not a citizen of the United 
States.
    OMB Control Number: 1545-0531.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: Under section 6018, executors must file estate tax 
returns for nonresident non-citizens that had property in the U.S. 
Executors use Form 706-NA for this purpose. IRS uses the

[[Page 18972]]

information to determine correct tax and credits.
    Form: 706-NA.
    Affected Public: Individuals or Households.
    Estimated Total Annual Burden Hours: 3,584.
    Title: Office of Chief Counsel--Application Form 6524.
    OMB Control Number: 1545-0796.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: The Chief Counsel Application form provides data the 
agency deems critical for evaluating an attorney applicant's 
qualifications such as LSAT score, bar admission status, type of work 
preference, law school, and class standing. OF-306 does not provide 
this information.
    Form: 6524.
    Affected Public: Individuals or Households.
    Estimated Total Annual Burden Hours: 300.
    Title: (TD 7533) Final, DISC Rules on Procedure and Administration; 
Rules on Export Trade Corporations, and (TD 7896) Final, Income from 
Trade Shows.
    OMB Control Number: 1545-0807.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: Section 1.6071-1(b) requires that when a taxpayer files a 
late return for a short period, proof of unusual circumstances for late 
filing must be given to the District Director. Section 1.6072(b), (c), 
(d), and (e) of the IRC deals with the filing dates of certain 
corporate returns. Regulation section 1.6072-2 provides additional 
information concerning these filing dates. The information is used to 
insure timely filing of corporate income tax returns.
    Form: None.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 3,104.
    Title: Form 8857--Request for Innocent Spouse Relief, Form 
8857(SP).
    OMB Control Number: 1545-1596.
    Type of Review: Revision of a currently approved collection.
    Abstract: Section 6103(e) of the internal revenue code allows 
taxpayers to request, and IRS to grant, ``innocent spouse'' relief 
when: Taxpayer filed a joint return with tax substantially understated; 
taxpayer establishes no knowledge of or benefit from, the 
understatement; and it would be inequitable to hold the taxpayer 
liable. GAO Report GAO/GGD-97-34 recommended that IRS develop a form to 
make relief easier for the public to request.
    Form: 8857, 8857 (SP).
    Affected Public: Individuals or Households.
    Estimated Total Annual Burden Hours: 316,000.
    Title: Residence of Trusts and Estates-7701--REG-251703-96 (TD 
8813--Final).
    OMB Control Number: 1545-1600.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: Section 1161 of the Taxpayer Relief Act of 1997, Public 
Law 105-34, 111 Stat. 788 (1997), provides that a trust that was in 
existence on August 20, 1996 (other than a trust treated as owned by 
the grantor under subpart E of part I of subchapter J of chapter 1 of 
the Internal Revenue Code of 1986) and that was treated as a United 
States person on August 19, 1996, may elect to continue to be treated 
as a United States person notwithstanding Sec.  7701(a)(30)(E) of the 
Code. The election will require the Internal Revenue Service to collect 
information. This regulation provides the procedure and requirements 
for making the election to remain a domestic trust.
    Form: None.
    Affected Public: Individuals or Households.
    Estimated Total Annual Burden Hours: 114.
    Title: TD 8816 (Final) Roth IRAs.
    OMB Control Number: 1545-1616.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: This collection of information contains regulations 
relating to Roth IRAs under section 408A of the Internal Revenue Code 
(Code). The regulations provide guidance on establishing Roth IRAs, 
contributions to Roth IRAs, converting amounts to Roth IRAs, 
recharacterizing IRA contributions, Roth IRA distributions and Roth IRA 
reporting requirements. The regulations affect individuals establishing 
Roth IRAs, beneficiaries under Roth IRAs, and trustees, custodians or 
issuers of Roth IRAs.
    Form: None.
    Affected Public: Individuals or Households.
    Estimated Total Annual Burden Hours: 125,000.
    Title: REG-107151-00 (TD 9035--Final) Constructive Transfers and 
Transfers of Property to a Third Party on Behalf of a Spouse.
    OMB Control Number: 1545-1751.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: The regulation sets forth the required information that 
will permit spouses or former spouses to treat a redemption by a 
corporation of stock of one spouse or former spouse as a transfer of 
that stock to the other spouse or former spouse in exchange for the 
redemption proceeds and a redemption of the stock from the latter 
spouse or former spouse in exchange for the redemption proceeds.
    Form: None.
    Affected Public: Individuals or Households.
    Estimated Total Annual Burden Hours: 500.
    Title: Election of Alternative Deficit Reduction Contribution and 
Plan Amendments.
    OMB Control Number: 1545-1883.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: These information collections provides procedures for 
electing an alternative deficit reduction contribution, including a 
model election form; guidance on the type of notices that must be given 
by an employer to plan participants; and guidance on the restrictions 
that are placed on plan amendments. This information is used to monitor 
and make valid determinations with respect to employers that make an 
election for certain plans and make restricted amendments.
    Form: None.
    Affected Public: Businesses or other-for-profits.
    Estimated Total Annual Burden Hours: 13,200.
    Title: Notice of Qualified Equity Investment for New Markets 
Credit.
    OMB Control Number: 1545-2065.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: Community Development Entities (CDEs) must provide notice 
to any taxpayer who acquires a qualified equity investment in the CDE 
at its original issue that the equity investment is a qualified equity 
investment entitling the taxpayer to claim the new markets credit. Form 
8874-A is used to make the notification as required under Regulations 
section 1.45D-1(g)(2)(i)(A).
    Form: 8874-A.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 2,715.
    Title: Form 8874-B--Notice of Recapture Event for New Markets 
Credit.
    OMB Control Number: 1545-2066.
    Type of Review: Extension without change of a currently approved 
collection.

[[Page 18973]]

    Abstract: Form 8874-B is used for qualified Community Development 
Entities (CDEs) to provide notification to any taxpayer holder of a 
qualified equity investment (including prior holders) that a recapture 
event has occurred. This form is used to make the notification as 
required under Regulations section 1.45D-1(g)(2)(i)(B).
    Form: 8874-B.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 2,755.
    Title: S Corporation Guidance under AJCA of 2004 (TD 9422 Final--
REG-143326-05).
    OMB Control Number: 1545-2114.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: This document contains final regulations that provide 
guidance regarding certain changes made to the rules governing S 
corporations under the American Jobs Creation Act of 2004 and the Gulf 
Opportunity Zone Act of 2005. The final regulations replace obsolete 
references in the current regulations and allow taxpayers to make 
proper use of the provisions that made changes to prior law. The final 
regulations include guidance on the S corporation family shareholder 
rules, the definitions of ``powers of appointment'' and ``potential 
current beneficiaries'' (PCBs) with regard to electing small business 
trusts (ESBTs), the allowance of suspended losses to the spouse or 
former spouse of an S corporation shareholder, and relief for 
inadvertently terminated or invalid qualified subchapter S subsidiary 
(QSub) elections. The final regulations affect S corporations and their 
shareholders.
    Form: None.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 26,000.
    Title: Qualifying Advanced Energy Project Credit--Notice 2013-12.
    OMB Control Number: 1545-2151.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: This notice supersedes Notice 2009-72 and establishes the 
qualifying advanced energy project program (``advanced energy 
program'') under Sec.  48C(d) of the Internal Revenue Code and 
announces an initial allocation round of the qualifying advanced energy 
project credit (``advanced energy credit'') to qualifying advanced 
energy projects under the advanced energy program. A qualifying 
advanced energy project re-equips, expands, or establishes a 
manufacturing facility for the production of certain energy related 
property. A taxpayer must submit, for each qualifying advanced energy 
project: (1) An application for certification by the DOE (``application 
for DOE certification''), and (2) an application for certification 
under Sec.  48C(d)(2) by the Service (``application for Sec.  48C 
certification''). Both applications may be submitted only during the 2-
year period beginning on August 14, 2009. Certification will be issued 
and credits will be allocated to projects in annual allocation rounds. 
The initial allocation round was conducted in 2009-10, and if 
necessary, additional allocation rounds in 2010-11.
    Form: None.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 55,000.
    Title: Notice 2010-30/Notice 2012-41--Transitional Guidance for 
Taxpayers Claiming Relief Under the Military Spouses Residency Relief 
Act for Taxable Year 2009 and Subsequent Years.
    OMB Control Number: 1545-2169.
    Type of Review: On April 15, 2010, the Department of the Treasury 
(Treasury Department) and the Internal Revenue Service (IRS) published 
Notice 2010-30, 2010-18 I.R.B. 650, which provides relief and 
procedures for certain taxpayers who are spouses (civilian spouses) of 
active duty members of the uniformed services (service members). The 
relief and procedures were made available to civilian spouses who (A) 
accompany their service member spouses to a military duty station in 
American Samoa, Guam, the Northern Mariana Islands (NMI), Puerto Rico, 
or the U.S. Virgin Islands (USVI) (each a ``U.S. territory'') and claim 
residence or domicile (tax residence) in one of the 50 States or the 
District of Columbia under the Military Spouses Residency Relief Act 
(MSRRA) or (B) accompany their service member spouses to a military 
duty station in one of the 50 States or the District of Columbia and 
claim tax residence in a U.S. territory under MSRRA. The relief and 
procedures set forth in Notice 2010-30 were initially available for the 
taxable year 2009. On June 07, 2012, the Treasury Department and the 
IRS published Notice 2012-41, which extended the relief and procedures 
announced in Notice 2010-30 to the subsequent taxable years. This 
notice further extends the relief set forth in Notice 2010-30 for 
civilian spouses described in the prior paragraph to taxable years 
beginning after November 11, 2010 and subsequent calendar years, and 
provides that such civilian spouses should follow the applicable 
procedures described in Notice 2010-30.
    Form: None.
    Affected Public: Individuals or Households.
    Estimated Total Annual Burden Hours: 6,200.
    Title: Hiring Incentives to Restore Employment (HIRE) Act Employee 
Affidavit.
    OMB Control Number: 1545-2173.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: This form was created in response to the Hiring 
Incentives to Restore Employment (HIRE) Act, which was signed on March 
18, 2010. The form was developed as a template for the convenience of 
employers who must collect affidavits from qualifying employees. The 
form is not filed; rather an employer must retain the affidavit in 
order to justify claiming certain HIRE Act benefits. A model form is 
needed as soon as possible so that employers can begin confidently 
claiming payroll exemptions.
    Form: W-11.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 227,000.

    Authority:  44 U.S.C. 3501 et seq.

    Dated: April 19, 2017.
Jennifer P. Leonard,
Treasury PRA Clearance Officer.
[FR Doc. 2017-08203 Filed 4-21-17; 8:45 am]
 BILLING CODE 4830-01-P