[Federal Register Volume 82, Number 130 (Monday, July 10, 2017)]
[Notices]
[Page 31803]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-14349]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Regulation Project

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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SUMMARY: The Internal Revenue Service, 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 
information collections, as required by the Paperwork Reduction Act of 
1995. The IRS is soliciting comments concerning Designated Roth 
Contributions to Cash or Deferred Arrangements Under Section 401(k).

DATES: Written comments should be received on or before September 8, 
2017 to be assured of consideration.

ADDRESSES: Direct all written comments to L. Brimmer, Internal Revenue 
Service, Room 6526, 1111 Constitution Avenue NW., Washington, DC 20224. 
Requests for additional information or copies of the regulation should 
be directed to Sara Covington, at Internal Revenue Service, Room 6526, 
1111 Constitution Avenue NW., Washington, DC 20224 or through the 
internet at [email protected].

SUPPLEMENTARY INFORMATION: 
    Title: Designated Roth Contributions to Cash or Deferred 
Arrangements Under Section 401(k).
    OMB Number: 1545-1931.
    Regulation Project Number: TD 9237.
    Abstract: These regulations provide guidance concerning the 
requirements for designated Roth contributions to qualified cash or 
deferred arrangements under section 401(k). The IRS needs this 
information to insure compliance with section 401(k) and (m) and 
section 402A. Designated Roth contributions are elective contributions 
under qualified cash or deferred arrangement that, unlike pre-tax 
elective contributions, are includible in gross income. However, a 
qualified distribution of designated Roth contributions is excludable 
from gross income.
    Current Actions: There is no change to this existing regulation.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations, not-
for-profit institutions and state, local or tribal governments.
    Estimated Number of Respondents: 157,500.
    Estimated Time per Respondent: 1 hour.
    Estimated Total Annual Burden Hours: 157,500.
    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: June 28, 2017.
L. Brimmer,
Senior Tax Analyst.
[FR Doc. 2017-14349 Filed 7-7-17; 8:45 am]
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