[Federal Register Volume 89, Number 209 (Tuesday, October 29, 2024)]
[Notices]
[Pages 86112-86113]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-25092]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Agency Collection Activities; Requesting Comments on Form 709, 
Form 709-NA.

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 
proposed and/or continuing information collections, as required by the 
Paperwork Reduction Act of 1995. The IRS is soliciting comments 
concerning Form 709, United States Gift (and Generation-Skipping 
Transfer) Tax Return. Form 709-NA United States Gift (and Generation-
Skipping Transfer) Tax Return of Nonresident Not a Citizen of the 
United States.

DATES: Written comments should be received on or before December 30, 
2024 to be assured of consideration.

ADDRESSES: Direct all written comments to Andres Garcia, Internal 
Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 
20224, or by email to <a href="/cdn-cgi/l/email-protection#a2d2d0c38cc1cdcfcfc7ccd6d1e2cbd0d18cc5cdd4"><span class="__cf_email__" data-cfemail="1b6b697a35787476767e756f685b726968357c746d">[email protected]</span></a>. Include OMB Control No. 
1545-0020 in the subject line of the message.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of this collection should be directed to Jason Schoonmaker, 
(801) 620-2128, at Internal Revenue Service,

[[Page 86113]]

Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, or 
through the internet at <a href="/cdn-cgi/l/email-protection#7913180a16175714570a1a111616171418121c0b39100b0a571e160f"><span class="__cf_email__" data-cfemail="234942504c4d0d4e0d50404b4c4c4d4e42484651634a51500d444c55">[email protected]</span></a>.

SUPPLEMENTARY INFORMATION: The IRS is currently seeking comments 
concerning the following information collection tools, reporting, and 
record-keeping requirements:
    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 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: Form 709-NA is a new form.
    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.
    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: October 24, 2024.
Jason M. Schoonmaker,
Tax Analyst.
[FR Doc. 2024-25092 Filed 10-28-24; 8:45 am]
BILLING CODE 4830-01-P


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