[Federal Register Volume 84, Number 121 (Monday, June 24, 2019)]
[Notices]
[Pages 29586-29589]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-13348]


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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 July 24, 2019 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 Quintana 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 1099 MISC--Miscellaneous Income.
    OMB Control Number: 1545-0115.
    Type of Review: Revision of a currently approved collection.
    Description: Form 1099-MISC is used by payers to report payments of 
$600 or more of rent, prizes and awards, medical and health care 
payments, nonemployee compensation, and crop insurance proceeds, $10 or 
more of royalties, any amount of fishing boat proceeds, certain 
substitute payments, golden parachute payments, and an indication of 
direct sales of $5,000 or more.
    Form: 1099-MISC.
    Affected Public: Businesses or other for profits.
    Estimated Number of Respondents: 99,447,800.
    Frequency of Response: Annually.
    Estimated Total Number of Annual Responses: 99,447,800.
    Estimated Time per Response: .31 hours per response.
    Estimated Total Annual Burden Hours: 30,828,818.

    Title: Taxable Distributions Received From Cooperatives.
    OMB Control Number: 1545-0118.
    Type of Review: Revision of a currently approved collection.
    Description: Form 1099-PATR is used to report patronage dividends 
paid by cooperatives (IRC sec. 6044). The information is used by IRS to 
verify reporting compliance on the part of the recipient.

[[Page 29587]]

    Form: 1099-PATR.
    Affected Public: Businesses or other for profits.
    Estimated Number of Respondents: 1,820,000.
    Frequency of Response: Annually.
    Estimated Total Number of Annual Responses: 1,820,000.
    Estimated Time per Response: .26 hours per response.
    Estimated Total Annual Burden Hours: 473,201.

    Title: Form 4136--Credit for Federal Tax Paid on Fuels.
    OMB Control Number: 1545-0162.
    Type of Review: Extension without change of a currently approved 
collection.
    Description: Internal Revenue Code section 34 allows a credit for 
Federal excise tax for certain fuel uses. This form is used to figure 
the amount of the income tax credit. The data is used to verify the 
validity of the claim for the type of nontaxable or exempt use.
    Form: 4136.
    Affected Public: Businesses or other for-profits.
    Estimated Number of Respondents: 2,441,858.
    Frequency of Response: Annually.
    Estimated Total Number of Annual Responses: 2,441,858.
    Estimated Time per Response: 1.69 hours per response.
    Estimated Total Annual Burden Hours: 4,122,076.

    Title: Form 4972--Tax on Lump-Sum Distributions (From Qualified 
Retirement Plans of Plan Participants Born Before 1936).
    OMB Control Number: 1545-0193.
    Type of Review: Extension without change of a currently approved 
collection.
    Description: IRC Section 402(e) allows taxpayers to compute a 
separate tax on a lump sum distribution from a qualified retirement 
plan. Form 4972 is used to correctly figure that tax. The data is used 
to verify the correctness of the separate tax. Form 4972 is also used 
to make the special 20% capital gain election attributable to pre-1974 
participation from the lump-sum distribution.
    Form: 4972.
    Affected Public: Businesses or other for profits.
    Estimated Number of Respondents: 17,720.
    Frequency of Response: Annually.
    Estimated Total Number of Annual Responses: 17,720.
    Estimated Time per Response: 4.40 hours per response.
    Estimated Total Annual Burden Hours: 77,968.

    Title: Form 7004--Application for Automatic Extension of Time To 
File Certain Business Income Tax, Information, and Other Returns.
    OMB Control Number: 1545-0233.
    Type of Review: Extension without change of a currently approved 
collection.
    Description: Form 7004 is used by corporations and certain non-
profit institutions to request an automatic 6-month extension of time 
to file their income tax returns. The information is needed by IRS to 
determine whether Form 7004 was timely filed so as not to impose a late 
filing penalty in error and also to insure that the proper amount of 
tax was computed and deposited.
    Form: 7004.
    Affected Public: Businesses or other for-profits.
    Estimated Number of Respondents: 6,537,500.
    Frequency of Response: On Occasion.
    Estimated Total Number of Annual Responses: 6,537,500.
    Estimated Time per Response: 6.78 hours per response.
    Estimated Total Annual Burden Hours: 44,324,250.

    Title: At-Risk Limitations.
    OMB Control Number: 1545-0712.
    Type of Review: Extension without change of a currently approved 
collection.
    Description: IRC section 465 requires taxpayers to limit their at-
risk loss to the lesser of the loss or their amount at risk. Form 6198 
is used by taxpayers to determine their deductible loss and by IRS to 
verify the amount deducted.
    Form: 6198.
    Affected Public: Businesses or other for-profits.
    Estimated Number of Respondents: 230,332.
    Frequency of Response: Annually.
    Estimated Total Number of Annual Responses: 230,332.
    Estimated Time per Response: 3.97 hours per response.
    Estimated Total Annual Burden Hours: 914,419.

    Title: Low-Income Housing Credit
    OMB Control Number: 1545-0984.
    Type of Review: Revision of a currently approved collection.
    Description: The Tax Reform Act of 1986 (Code section 42) permits 
owners of residential rental projects providing low-income housing to 
claim a credit against income tax for part of the cost of constructing 
or rehabilitating such low-income housing. Form 8586 is used by 
taxpayers to compute the credit and by IRS to verify that the correct 
credit has been claimed.
    Form: 8586.
    Affected Public: Business or other for-profit organizations.
    Estimated Number of Respondents: 779
    Frequency of Response: Annually.
    Estimated Total Number of Annual Responses: 779
    Estimated Time per Response: 8.8 hours per response.
    Estimated Total Annual Burden Hours: 6,855.

    Title: TD 8611, Conduit Arrangements Regulations--Final (INTL-64-
93).
    OMB Control Number: 1545-1440.
    Type of Review: Extension without change of a currently approved 
collection.
    Description: This document contains regulations relating to when 
the area director may recharacterize a financing arrangement as a 
conduit arrangement. Such recharacterization will affect the amount of 
withholding tax due on financing transactions that are part of the 
financing arrangement. These regulations will affect withholding agents 
and foreign investors.
    Form: None.
    Affected Public: Business or other for-profit organizations.
    Estimated Number of Respondents: 1,000.
    Frequency of Response: Annually.
    Estimated Total Number of Annual Responses: 1,000.
    Estimated Time per Response: 10 hours per response.
    Estimated Total Annual Burden Hours: 10,000.

    Title: Commercial Revitalization Deduction.
    OMB Control Number: 1545-1818.
    Type of Review: Extension without change of a currently approved 
collection.
    Description: Pursuant to Sec. 1400I of the Internal Revenue Code, 
this procedure provides the time and manner for states to make 
allocations of commercial revitalization expenditures to a new or 
substantially rehabilitated building that is placed in service in a 
renewal community.
    Form: None.
    Affected Public: State, Local, and Tribal Governments.
    Estimated Number of Respondents: 80.
    Frequency of Response: On Occasion.
    Estimated Total Number of Annual Responses: 80.
    Estimated Time per Response: 2.5 hours per response.
    Estimated Total Annual Burden Hours: 200.

    Title: Revenue Procedure 2003-39, Section 1031 LKE (Like-Kind 
Exchanges) Auto Leasing Programs.

[[Page 29588]]

    OMB Control Number: 1545-1834.
    Type of Review: Extension without change of a currently approved 
collection.
    Description: Revenue Procedure 2003-39 provides safe harbors for 
certain aspects of the qualification under Sec. 1031 of certain 
exchanges of property pursuant to LKE Programs for federal income tax 
purposes.
    Form: None.
    Affected Public: Businesses or other for profits.
    Estimated Number of Respondents: 8,600.

    Frequency of Response: On occasion.
    Estimated Total Number of Annual Responses: 8,600.
    Estimated Time per Response: 1 hour per response.
    Estimated Total Annual Burden Hours: 8,600.
    Title: Supplemental Income and Loss.
    OMB Control Number: 1545-1972.
    Type of Review: Extension without change of a currently approved 
collection.
    Description: Filers of Form 1040 use Schedule E to report income 
from rental real estate, royalties, partnerships, S corporations, 
estates, trusts, and residual interests in real estate mortgage 
investment conduits (REMICs).
    Form: 1040 Sch. E.
    Affected Public: Businesses or other for profits.
    Estimated Number of Respondents: 570,000.
    Frequency of Response: Annually.
    Estimated Total Number of Annual Responses: 570,000.
    Estimated Time per Response: 9.94 hours per response.
    Estimated Total Annual Burden Hours: 5,665,800.

    Title: Schedule F (Form 1040)--Profit or Loss From Farming.
    OMB Control Number: 1545-1975.
    Type of Review: Extension without change of a currently approved 
collection.
    Description: Schedule F (Form 1040) is used by individuals to 
report their farming income, expenses and self-employment taxes derived 
from this income. The data is used to verify that the items reported on 
the form is correct.
    Form: 1040 sch. F.
    Affected Public: Businesses or other for-profits.
    Estimated Number of Respondents: 26,546.
    Frequency of Response: Annually.
    Estimated Total Number of Annual Responses: 26,546.
    Estimated Time per Response: 19 hours per response.
    Estimated Total Annual Burden Hours: 504,374.

    Title: Domestic Production Activities Deduction.
    OMB Control Number: 1545-1984.
    Type of Review: Revision of a currently approved collection.
    Description: Section 102 of the American Jobs Creation Act of 2004 
(section 199 of the Internal Revenue Code), created a domestic 
production activities deduction for tax years beginning after December 
31, 2004. Taxpayers will use the Form 8903 and related instructions to 
calculate the deduction. The Form 8903 will be filed by corporations, 
individuals, partners (including partners of electing large 
partnerships), S corporation shareholders, beneficiaries of estates and 
trusts, cooperatives, and patrons of cooperatives.
    Form: 8903.
    Affected Public: Businesses or other for profits.
    Estimated Number of Respondents: 30,000.
    Frequency of Response: On Occasion.
    Estimated Total Number of Annual Responses: 30,000.
    Estimated Time per Response: 24.66 hours per response.
    Estimated Total Annual Burden Hours: 739,800.

    Title: Form 8910--Alternative Motor Vehicle Credit.
    OMB Control Number: 1545-1998.
    Type of Review: Extension without change of a currently approved 
collection.
    Description: Taxpayers will file Form 8910 to claim the credit for 
certain alternative motor vehicles placed in service after 2005.
    Form: 8910.
    Affected Public: Businesses or other for profits.
    Estimated Number of Respondents: 3,333.
    Frequency of Response: On Occasion.
    Estimated Total Number of Annual Responses: 3,333.
    Estimated Time per Response: 5.93 hours per response.
    Estimated Total Annual Burden Hours: 19,764.

    Title: Form 8038-CP, Return for Credit Payments to Issuers of 
Qualified Bonds.
    OMB Control Number: 1545-2142.
    Type of Review: Extension without change of a currently approved 
collection.
    Description: Form 8038-CP, Return for Credit Payments to Issuers of 
Qualified Bonds, will be used to make direct payments to State and 
local governments. The American Recovery and Reinvestment Act of 2009, 
Public Law 111-5, provides State and local governments with the option 
of issuing a tax credit bond instead of a tax-exempt governmental 
obligation bond. The bill gives State and local governments the option 
to receive a direct payment from the Federal government equal to a 
subsidy that would have been received through the Federal tax credit 
for bonds.
    Form: 8038-CP.
    Affected Public: State, Local, and Tribal Governments.
    Estimated Number of Respondents: 20,000.
    Frequency of Response: Annually.
    Estimated Total Number of Annual Responses: 20,000.
    Estimated Time per Response: 12.33 hours per response.
    Estimated Total Annual Burden Hours: 246,600.

    Title: Notice 2009-52, Election of Investment Tax Credit in Lieu of 
Production Tax Credit; Coordination with Department of Treasury Grants 
for Specified Energy Property in Lieu of Tax Credits.
    OMB Control Number: 1545-2145.
    Type of Review: Extension without change of a currently approved 
collection.
    Description: The notice provides a description of the procedures 
that taxpayers will be required to follow to make an irrevocable 
election to take the investment tax credit for energy property under 
section 48 of the Internal Revenue Code in lieu of the production tax 
credit under section 45 of the Internal Revenue Code.
    Form: None.
    Affected Public: Businesses or other for profits.
    Estimated Number of Respondents: 100.

    Frequency of Response: Annually.
    Estimated Total Number of Annual Responses: 100.
    Estimated Time per Response: 1 hours per response.
    Estimated Total Annual Burden Hours: 100.

    Title: Notice of Medical Necessity Criteria under the Mental Health 
Parity and Addiction Equity Act of 2008.
    OMB Control Number: 1545-2165.
    Type of Review: Revision of a currently approved collection.
    Description: Section 9812 of the Code requires group health plans 
maintained by an employer with more than 50 employees to disclose upon 
request to participants and beneficiaries of the plan the medical 
necessity criteria used in making decisions regarding claims for 
benefits under the plan.
    Form: None.

[[Page 29589]]

    Affected Public: Businesses or other for profits.
    Estimated Number of Respondents: 1,217,875.
    Frequency of Response: Annually.
    Estimated Total Number of Annual Responses: 1,217,875.
    Estimated Time per Response: 3 hours per response.
    Estimated Total Annual Burden Hours: 27,206.

    Title: Form 5316, Application for Group or Pooled Trust Ruling.
    OMB Control Number: 1545-2166.
    Type of Review: Extension without change of a currently approved 
collection.
    Description: Group/pooled trust sponsors file this form to request 
a determination letter from the IRS for a determination that the trust 
is a group trust arrangement as described in Rev. Rul. 81-100, 1981-1 
C.B. 326 as modified and clarified by Rev. Rul. 2004-67, 2004-28 I.R.B.
    Form: 5316.
    Affected Public: Businesses or other for profits.
    Estimated Number of Respondents: 200.
    Frequency of Response: Annually.
    Estimated Total Number of Annual Responses: 200.
    Estimated Time per Response: 19 hours per response.
    Estimated Total Annual Burden Hours: 3,800.

    Title: Annual Registration Statement Identifying Separated 
Participants With Deferred Vested Benefits.
    OMB Control Number: 1545-2187.
    Type of Review: Extension without change of a currently approved 
collection.
    Description: In 2007, the Department of Labor (DOL) published a 
final rule requiring plans subject to the annual reporting requirements 
of Title I of Employee Retirement Income Security Act (ERISA) to 
electronically file the Form 5500, Annual Return/Report of Employee 
Benefit. In order to accommodate the DOL's mandate for electronic 
filing of the Form 5500 series, Schedule (SSA) has been eliminated and 
replaced with Form 8955-SSA. The information provided by plan sponsors 
on Form 8955-SSA will be transmitted to the Social Security 
Administration (SSA) who will provide it to separated participants when 
those participants file for social security benefits.
    Form: 8955-SSA.
    Affected Public: Businesses or other for profits.
    Estimated Number of Respondents: 200,000.
    Frequency of Response: Annually.
    Estimated Total Number of Annual Responses: 200,000.
    Estimated Time per Response: .83 hours per response.
    Estimated Total Annual Burden Hours: 166,000.

    Title: Form 14145--IRS Applicant Contact Information.
    OMB Control Number: 1545-2240.
    Type of Review: Revision of a currently approved collection.
    Description: Form 14145, IRS Applicant Contact Information, is used 
by the IRS Recruitment Office to collect contact information from 
individuals who may be interested in working for the IRS now, or at any 
time in the future (potential applicants).
    Form: 14145.
    Affected Public: Individuals or Households.
    Estimated Number of Respondents: 16,045.
    Frequency of Response: On occasion.
    Estimated Total Number of Annual Responses: 16,045.
    Estimated Time per Response: .08 hours per response.
    Estimated Total Annual Burden Hours: 1,364.

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

    Dated: June 17, 2019.
Jennifer P. Quintana,
Treasury PRA Clearance Officer.
[FR Doc. 2019-13348 Filed 6-21-19; 8:45 am]
BILLING CODE 4830-01-P