[Federal Register Volume 86, Number 71 (Thursday, April 15, 2021)]
[Notices]
[Pages 19950-19951]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-07748]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 3491

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 Form 3491, Consumer 
Cooperative Exemption Application.

DATES: Written comments should be received on or before June 14, 2021 
to be assured of consideration.

ADDRESSES: Direct all written comments to Kinna Brewington, Internal 
Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 
20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the form and instructions should be directed to Sara 
Covington, (737) 800-6149, Internal Revenue Service, Room 6526, 1111 
Constitution Avenue NW, Washington, DC 20224, or through the internet 
at [email protected].

SUPPLEMENTARY INFORMATION:
    Title: Consumer Cooperative Exemption Application.
    OMB Number: 1545-1941.

[[Page 19951]]

    Form Number: Form 3491.
    Abstract: A cooperative uses Form 3491 to apply for exemption from 
filing Form 1099-PATR, Taxable Distributions received from 
Cooperatives. Form 1099-PATR is used to report patronage distributions 
of $10 or more to a recipient during the calendar year.
    Current Actions: There are no changes being made to the Form 3491 
at this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit, Individuals or 
households, and Farms.
    Estimated Number of Respondents: 200.
    Estimated Time per Respondent: 44 minutes.
    Estimated Total Annual Burden Hours: 148.
    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.
    Requests 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: April 6, 2021.
Sara L. Covington,
IRS Tax Analyst.
[FR Doc. 2021-07748 Filed 4-14-21; 8:45 am]
BILLING CODE 4830-01-P