[Federal Register Volume 82, Number 210 (Wednesday, November 1, 2017)]
[Notices]
[Pages 50733-50735]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-23783]


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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 requests 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 these requests.

DATES: Comments should be received on or before December 1, 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 from Jennifer Leonard 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: Claim for Refund of Excise Taxes.
    OMB Control Number: 1545-1420.
    Type of Review: Revision of a currently approved collection.
    Abstract: IRC sections 6402, 6404, 6511 and sections 301.6402-2, 
301.6404-1, and 301.6404-3 of the regulations, 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 actions by IRS. Form 8849 is used by taxpayers to claim refunds 
of excise taxes.
    Forms: Schedule 1 (Form 8849), Schedule 2 (Form 8849), Schedule 3 
(Form 8849), Schedule 5 (Form 8849), Schedule 6 (Form 8849), Schedule 8 
(Form 8849), Form 8849.
    Affected Public: Individuals or Households, Businesses or other 
for-profits.
    Estimated Total Annual Burden Hours: 942,860.

    Title: Form 945/945V: Annual Return of Withheld Federal Income Tax/
Voucher; Form 945-A: Annual Record of Federal Tax Liability; Form 945-X 
Annual Return of Withheld Federal Income Tax, Claim, Refund; TD8672.
    OMB Control Number: 1545-1430.
    Type of Review: Revision of a currently approved collection.
    Abstract: Form 945 is used to report income tax withholding on non-
payroll payments including backup withholding and withholding on 
pensions, annuities, IRA's, military retirement and gambling winnings. 
Form 945-V, Payment Voucher, is used if you are making a payment with 
Form 945, Annual Return of Withheld Federal Income Tax. Form 945-A is 
used to report non payroll tax liabilities. Form 945-X is used to 
correct errors made on Form 945, Annual Return of Withheld Federal 
Income Tax, for one year only. TD 8672, these final regulations require

[[Page 50734]]

a person to file form 945, Annual Return of Withheld Federal Income 
Tax, only for the calendar year in which the person is required to 
withhold Federal income tax from non-payroll payments.
    Forms: 945, 945-V, 945-A, 945-X.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 1,509,590.

    Title: W-8 BEN, W-8BEN-E, W-8EIC, W-8EXP, W-8IMY, W-8 MOU Program.
    OMB Control Number: 1545-1621.
    Type of Review: Revision of a currently approved collection.
    Abstract: Regulations under Section 1441, 1442, and 1443 of the 
Internal Revenue Code have changed the manner in which foreign persons 
(individuals, businesses and other for-profit organizations, foreign 
governments, international organizations, partnerships, and tax-exempt 
organizations) must submit certifications to a withholding agent for 
reduction of, or exemption from, U.S. tax withholding.
    Forms: W-8BEN, W-8SECI, W-8EXP, W-8IMY, W-8-BEN-E.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 25,125,680.

    Title: Payments From Qualified Education Programs (Under Sections 
529 and 530).
    OMB Control Number: 1545-1760.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: Form 1099-Q, Payments From Qualified Education Programs 
(Under Sections 529 and 530), is used to report distributions from 
private and state qualified tuition programs as required under Internal 
Revenue Code sections 529 and 530. A Form 1099-Q is filed if you (a) 
are an officer or an employee, or the designee of an officer or 
employee, having control of a program established by a state or 
eligible educational institution; and (b) made a distribution from a 
qualified tuition program (QTP). A trustee of a Coverdell education 
savings account (ESA) must file Form 1099-Q to report distributions 
made from Coverdell ESAs. To lessen the burden for payers, Form 1099-Q 
was developed to report distributions from private and state qualified 
tuition programs. A copy of the Form 1099-Q must be furnished to the 
recipient.
    Form: 1099-Q.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 530,090.

    Title: Extensions of Time to Elect Method for Determining Allowable 
Loss.
    OMB Control Number: 1545-1774.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: The regulations disallow certain losses recognized on 
sales of subsidiary stock by members of a consolidated group and apply 
to corporations filing consolidated returns, both during and after the 
period of affiliation, and also affect purchasers of the stock of 
members of a consolidated group. The information is necessary to allow 
the taxpayer to make certain elections to determine the amount of 
allowable loss under sec. 1.337(d)-2 and under sec. 1.1502-32(b)(4), to 
amend its waiver so that it may use its acquired subsidiary's losses.
    Form: None.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 7,700.

    Title: Election Out of GST Deemed Allocations.
    OMB Control Number: 1545-1892.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: The information collected will be used by the IRS to 
identify the trusts to which the election or termination of election 
will apply. The collection of information in this regulation is in 
sections 26.2632-1(b)(2)(ii), 26.2632-1(b)(2)(iii), and 26.2632-
1(b)(2). This information is required by the IRS for taxpayers who 
elect to have the automatic allocation rules not apply to the current 
transfer and/or to future transfers to the trust or to terminate such 
election. This information is also required by the IRS for taxpayers 
who elect to treat trusts described in section 2632(c)(3)(B)(i) through 
(vi) as GST trusts or to terminate such election.
    Form: None.
    Affected Public: Individuals or Households.
    Estimated Total Annual Burden Hours: 12,500.

    Title: PTIN Supplemental Application for U.S. Citizens Without a 
Social Security Number Due to Conscientious Religious Objection.

    OMB Control Number: 1545-2188.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: Most individuals applying for a preparer tax 
identification number (PTIN) will have a social security number (SSN), 
which will be used to help establish their identity. However, there 
exists a population of U.S. residents that have a conscientious 
religious objection to obtaining a social security card and do not have 
social security numbers. Form 8945 is being created to assist that 
population in establishing their identity while applying for a PTIN. 
Form 8945 will establish a vehicle for establishing their identity in 
lieu of providing a social security number.
    Form: 8945.
    Affected Public: Individuals or Households.
    Estimated Total Annual Burden Hours: 3,590.

    Title: Forms 8944 & 8948--Tax Returns or Statements; Specified tax 
return preparers required to file individual income tax returns using 
magnetic media, waiver requests.

    OMB Control Number: 1545-2200.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: Specified tax return preparers use Form 8944 to request 
an undue hardship waiver from the section 6011(e)(3) requirement to 
electronically file returns of income tax imposed by subtitle A on 
individuals, estates, or trusts. A specified tax return preparer may be 
required by law to e-file certain covered returns that can be filed 
electronically. There are exceptions to this requirement. Form 8948 is 
used to explain which exception applies when a covered return is 
prepared and filed on paper.
    Forms: 8944, 8948.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 18,270,900.

    Title: Form 8971--Information Regarding Beneficiaries Acquiring 
Property from a Decedent.

    OMB Control Number: 1545-2264.
    Type of Review: Reinstatement with change of a previously approved 
collection.
    Abstract: The Surface Transportation and Veterans Health Care 
Choice Improvement Act of 2015 requires executors of an estate and 
other persons who are required to file a Form 706, Form 706-NA, or Form 
706-A, to report to the Internal Revenue Service (IRS) and to each 
beneficiary receiving property from an estate the estate tax value of 
the property, if the return is filed after July 31, 2015. Form 8971 is 
used to report to the IRS and a Schedule A will be sent to each 
beneficiary and a copy of each Schedule A will be attached to the Form 
8971. Some property received by a beneficiary may

[[Page 50735]]

have a consistency requirement, meaning that the beneficiary must use 
the value reported on Schedule A as the beneficiary's initial basis the 
property.
    Form: 8971.
    Affected Public: Individuals or Households.
    Estimated Total Annual Burden Hours: 200,000.

    Title: Certified Professional Employee Organization.

    OMB Control Number: 1545-2266.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: Information is being collected as a result of legislation 
(section 206 of the ABLE Act passed Dec. 19, 2014) creating the 
Certified Professional Employer Organization (CPEO) designation. This 
new collection information consists of creation of new applications; 
Request for Voluntary IRS Certification of a Professional Employer 
(Application and CPEO Responsible Individual Personal Attestation Form. 
The applications will only be used by program applicants and related 
responsible individuals. The accompanying Regulations and Revenue 
Procedures are currently in draft form and are schedule to be published 
in the near future.
    Forms: 14737, 14737-A, 14751, 8973.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 90,830.

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

    Dated: October 27, 2017.
Jennifer P. Leonard,
Treasury PRA Clearance Officer.
[FR Doc. 2017-23783 Filed 10-31-17; 8:45 am]
BILLING CODE 4830-01-P