[Federal Register Volume 90, Number 4 (Tuesday, January 7, 2025)]
[Notices]
[Pages 1221-1222]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-31781]
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DEPARTMENT OF THE TREASURY
Agency Information Collection Activities; Submission for OMB
Review; Comment Request; Multiple Internal Revenue Service (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 February 6, 2025 to be
assured of consideration.
ADDRESSES: Written comments and recommendations for the proposed
information collection should be sent within 30 days of publication of
this notice to www.reginfo.gov/public/do/PRAMain. Find this particular
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function.
FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be
obtained from Melody Braswell by emailing [email protected], calling
(202) 622-1035, or viewing the entire information collection request at
www.reginfo.gov.
SUPPLEMENTARY INFORMATION:
Internal Revenue Service (IRS)
1. Title: United States Gift (and Generation-Skipping Transfer) Tax
Return.
OMB Number: 1545-0020.
Form Number: Form 709, 709-NA.
Abstract: Form 709 is used by individuals to report transfers
subject to the gift and generation-skipping transfer taxes and to
compute these taxes. The IRS uses the information to collect and
enforce these taxes, to verify that the taxes are properly computed,
and to compute the tax base for the estate tax. Form 709-NA is used to
report certain transfers by a nonresident not a citizen
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of the United States that are subject to the Federal gift tax and
certain generation-skipping transfer (GST) taxes and to figure the tax
due, if any, on those transfers. The Form 709-NA is also used to
allocate the lifetime GST exemption to property transferred during a
transferor's lifetime.
Current Actions: This collection is being revised to include Form
709-NA.
Type of Review: Revision to previously approved collection.
Affected Public: Individuals and household.
Estimated Number of Responses: 225,530.
Estimated Time per Respondent: 6 hours, 12 minutes.
Estimated Total Annual Burden Hours: 1,398,286.
2. Title: Declarations and Authorizations for Electronic Filing.
OMB Number: 1545-0967.
Form Number: 8453-EG, 8453-WH, 8879-EG, and 8879-WH.
Abstract: The IRS is actively engaged in encouraging e-filing and
electronic documentation. The Form 8453 series is used to authenticate
the electronically filed tax return, authorize the electronic return
originator (ERO) or intermediate service provider (ISP) to transmit the
return, and provide the taxpayer's consent to authorize electronic
funds withdrawal for payment of taxes owed. The Form 8879 series is
used authorize the taxpayer and ERO to sign the return using a personal
identification number (PIN) and consent to an electronic funds
withdrawal.
Current Actions: There is a change to the existing collection.
Forms 8453-EG and 8879-EG are new forms developed for United States
Gift (and Generation-Skipping Transfer) Tax Return.
Type of Review: Revision of a currently approved collection.
Affected Public: Individuals or households, and Business or other
for-profit organizations.
Estimated Number of Responses: 226,400.
Estimated Time per Respondent: 1.99 hours.
Estimated Total Annual Burden Hours: 450,520.
Authority: 44 U.S.C. 3501 et seq.
Melody Braswell,
Treasury PRA Clearance Officer.
[FR Doc. 2024-31781 Filed 1-6-25; 8:45 am]
BILLING CODE 4830-01-P