Federal Register / Vol. 89, No. 230 / Friday, November 29, 2024 / Notices 94881 

Internal Revenue Service (IRS) 

1. Title: Credit for Oil and Gas 

Production from Marginal Wells. 

OMB Number: 1545–2278. 

Form Number: 8904. 

Abstract: Public Law 108–357, title 

III, subtitle C, section 341(a) has caused 

us to develop a credit for oil and gas 

production from marginal wells, which 

is reflected on Form 8904 and its 

instructions. Tax year 2017 was the first 

year Form 8904 and its instructions 

were released. 

Current Actions: There are no changes 

being made to Form 8904 at this time. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Business or other forprofit organizations, Individuals or 

households, not-for-profit institutions, 

farms, and State, local or Tribal 

governments. 

Estimated Number of Responses: 

20,000. 

Estimated Time per Respondent: 2 

hrs., 58 mins. 

Estimated Total Annual Burden 

Hours: 59,200. 

2. Title: Qualified Intermediary (QI), 

Withholding Foreign Partnership (WP), 

and Withholding Foreign Trust (WT) 

Application and Account Management 

System. 

OMB Number: 1545–1597. 

Document Number: Form 14345. 

Abstract: Internal Revenue Code (IRC) 

section 1441 (Withholding of tax on 

nonresident aliens), states any 

nonresident alien individual or of any 

foreign partnership shall deduct and 

withhold from such items a tax equal to 

30 percent or 14 percent depending on 

circumstances. Revenue Procedure 

2022–43 sets forth the final qualified 

intermediary (QI) withholding 

agreement (QI agreement) entered by the 

Internal Revenue Service and certain 

foreign persons under Treas. Reg. 

section 1.1441–1(e)(5) and (6). The 

Qualified Intermediary (QI), 

Withholding Foreign Partnership (WP), 

and Withholding Foreign Trust (WT) 

Application and Account Management 

System (QAAMS) allows entities to 

apply, renew, or terminate their status 

as a QI, WP, or WT. 

Current Actions: There are no changes 

to the burden previously approved by 

OMB. This request is to extend the 

current approval for another 3 years. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Individuals or 

households and Business or other forprofit. 

Estimated Number of Respondents: 

1,097,991. 

Estimated Time per Respondent: 16 

min. 

Estimated Total Annual Burden 

Hours: 301,018. 

3. Title: Request on Reduction of Tax 

Attributes Due to Discharge of 

Indebtedness. 

OMB Number: 1545–0046. 

Form Number: 982. 

Abstract: Reduction of Tax Attributes 

Due to Discharge of Indebtedness. 

Internal Revenue Code (IRC) section 108 

allows taxpayers to exclude from gross 

income amounts attributable to 

discharge of indebtedness in title 11 

cases, insolvency, or a qualified farm 

indebtedness. Section 1081(b) allows 

corporations to exclude from gross 

income amounts attributable to certain 

transfers of property. The data is used 

to verify adjustments to basis of 

property and reduction of tax attributes. 

Current Actions: There is no change to 

the paperwork burden previously 

approved by OMB. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Individuals or 

households, businesses or other for 

profit, small businesses, or 

organizations. 

Estimated Number of Respondents: 

667. 

Estimated Time per Response: 11 

hours, 23 min. 

Estimated Total Annual Burden 

Hours: 7,491 hours. 

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

Melody Braswell, 

Treasury PRA Clearance Officer. 

[FR Doc. 2024–28016 Filed 11–27–24; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Agency Information Collection 

Activities; Submission for OMB 

Review; Comment Request on Burden 

Related to the Plan-Specific Substitute 

Mortality Tables for Determining 

Present Value 

AGENCY: Departmental Offices, U.S. 

Department of the Treasury. 

ACTION: Notice. 

SUMMARY: The Internal Revenue Service, 

as part of its continuing effort to reduce 

paperwork and respondent burden, 

invites the 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. Currently, the IRS is 

soliciting comments concerning the 

burden related to the Plan-Specific 

Substitute Mortality Tables for 

Determining Present Value. 

DATES: Comments should be received on 

or before December 30, 2024 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 PRA@treasury.gov, calling 

(202) 622–1035, or viewing the entire 

information collection request at 

www.reginfo.gov. 

SUPPLEMENTARY INFORMATION: 

Internal Revenue Service (IRS) 

Title: Plan-Specific Substitute 

Mortality Tables for Determining 

Present Value. 

OMB Number: 1545–2073. 

Document Number: TD 10005, RP 

2024–32. 

Abstract: Section 412 of the Internal 

Revenue Code (Code) prescribes 

minimum funding requirements for 

defined benefit pension plans. Section 

430 specifies the minimum funding 

requirements that apply generally to 

defined benefit plans that are singleemployer plans (that is, not 

multiemployer plans). Revenue 

Procedure 2024–32 updates the 

procedures set forth in Rev. Proc. 2017– 

55 to reflect the amendments to 

§ 1.430(h)(3)–2 made by TD 10005. 

Current Actions: The reinstatement of 

OMB Control No. 1545–2073 will 

account for a previously approved 

burden under OMB Control Number 

1545–0047 U.S. Tax-Exempt Income 

Tax Return. This action is in reference 

to new regulations and updated 

procedures related to the COVID–19 

pandemic, benefit pension plans, and 

substitute mortality rate tables. 

Type of Review: Reinstatement with 

change of a previously approved 

collection. 

Affected Public: Individuals or 

households and Business or other forprofit. 

Estimated Number of Respondents: 

15. 

Estimated Time per Respondent: 267 

min. 

Estimated Total Annual Burden 

Hours: 4,000. 


khammond on DSK9W7S144PROD with NOTICES
94882 Federal Register / Vol. 89, No. 230 / Friday, November 29, 2024 / Notices 

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

Melody Braswell, 

Treasury PRA Clearance Officer. 

[FR Doc. 2024–27916 Filed 11–27–24; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF VETERANS 

AFFAIRS 

Privacy Act of 1974; Matching Program 

AGENCY: Department of Veterans Affairs 

(VA). 

ACTION: Notice of a modified matching 

program. 

SUMMARY: This is an 18-month reestablishment computer matching 

agreement (CMA) with the Defense 

Manpower Data Center (DMDC), 

Department of Defense (DoD) and the 

Department of Veterans Affairs (VA), 

Veterans Benefits Administration 

(VBA), regarding Veterans that have 

returned to active duty and that are also 

in receipt of compensation or pension 

benefits. The purpose of this agreement 

is to verify eligibility for DoD and 

United States Coast Guard members of 

the Reserve forces who receive VA 

disability compensation or pension to 

receive, in lieu and upon election, 

military pay and allowances when 

performing active duty. 

DATES: Comments on this matching 

program must be received no later than 

December 30, 2024. If no public 

comment is received during the period 

allowed for comment or unless 

otherwise published in the Federal 

Register by VA, the new agreement will 

become effective a minimum of 30 days 

after date of publication in the Federal 

Register. If VA receives public 

comments, VA shall review the 

comments to determine whether any 

changes to the notice are necessary. This 

matching program will be valid for 18 

months from the effective date of this 

notice. 

ADDRESSES: Comments may be 

submitted through www.Regulations.gov 

or mailed to VA Privacy Service, 810 

Vermont Avenue NW, (005X6F), 

Washington, DC 20420. Comments 

should indicate that they are submitted 

in response to CMA 87 Return to Active 

Duty. Comments received will be 

available at regulations.gov for public 

viewing, inspection or copies. 

FOR FURTHER INFORMATION CONTACT: 

Delonda Garmon (VBA), Program 

Analyst, Department of Veterans Affairs, 

1800 G Street NW, Washington, DC 

20006, Delonda.Garmon2@va.gov, 202– 

461–9700. 

SUPPLEMENTARY INFORMATION: This 

agreement continues an arrangement for 

a periodic computer-matching program 

between VA, VBA as the matching 

recipient agency and the DoD, DMDC as 

the matching source agency. This 

agreement sets forth the responsibilities 

of VBA and DoD with respect to 

information disclosed pursuant to this 

agreement and takes into account both 

agencies’ responsibilities under the 

Privacy Act of 1974, 5 U.S.C. 552a, as 

amended by the Computer Matching 

and Privacy Protection Act of 1988, as 

amended, and the regulations 

promulgated thereunder, including 

computer matching portions of a 

revision of OMB Circular No. A–108, 81 

FR 94424, dated December 23, 2016. 

PARTICIPATING AGENCIES: 

VA, VBA, as the matching recipient 

agency, and DoD, DMDC, as the 

matching source agency. 

AUTHORITY FOR CONDUCTING THE 

MATCHING PROGRAM: 

The legal authority for conducting the 

matching program for use in the 

administration of VA’s Compensation 

and Pension Benefits Programs is 

contained in 38 U.S.C. 5304(c), 

Prohibition Against Duplication of 

Benefits, which precludes pension, 

compensation, or retirement pay on 

account of any person’s own service, for 

any period for which he receives active 

duty pay. The law (10 U.S.C. 12316) 

prohibits the receipt of reserve pay and 

VA compensation for the same time 

period, however, it does permit waiver 

of VA compensation to draw reserve 

pay.’’ 

PURPOSE(S): 

The purpose of this matching program 

between VBA and DoD is to verify the 

continuing eligibility for Uniformed 

Services Members, including National 

Guard and Reserve personnel, for VA 

benefits by identifying VA disability 

benefit recipients who return to active 

duty, including active-duty training 

status, and to ensure that VA benefits 

are terminated or adjusted when 

appropriate. 

CATEGORIES OF INDIVIDUALS: 

1. Veterans who have applied for 

compensation for service-connected 

disability under 38 U.S.C. ch. 11. 

2. Veterans who have applied for 

nonservice-connected disability under 

38 U.S.C. ch. 15. 

3. Veterans entitled to burial benefits 

under 38 U.S.C. ch. 23. 

4. Surviving spouses and children 

who have claimed pensions based on 

nonservice-connected death of a Veteran 

under 38 U.S.C. ch. 15. 

5. Surviving spouses and children 

who have claimed death compensation 

based on service-connected death of a 

Veteran under 38 U.S.C. ch. 11. 

6. Surviving spouses and children 

who have claimed dependency and 

indemnity compensation for serviceconnected death of a Veteran under 38 

U.S.C. ch. 13. 

7. Parents who have applied for death 

compensation based on serviceconnected death of a Veteran under 38 

U.S.C. ch. 11. 

8. Parents who have applied for 

dependency and indemnity 

compensation for service-connected 

death of a Veteran under 38 U.S.C. ch. 

13. 

9. Individuals who applied for 

educational assistance benefits 

administered by VA under title 38 of the 

U.S. Code. 

10. Individuals who applied for 

educational assistance benefits 

maintained by the Department of 

Defense under title 10 of the U.S. Code 

that are administered by VA. 

11. Veterans who apply for training 

and employers who apply for approval 

of their programs under the provisions 

of the Emergency Veterans’ Job Training 

Act of 1983, Pub. L. 98–77. 

12. Any VA employee who generates 

or finalizes adjudicative actions using 

the Benefits Delivery Network or the 

Veterans Service Network computer 

processing systems. 

13. Veterans who apply for training 

and employers who apply for approval 

of their programs under the provisions 

of the Service Members Occupational 

Conversion and Training Act of 1992, 

Pub. L. 102–484. 

14. Representatives of individuals 

covered by the system. 

CATEGORIES OF RECORDS: 

Records may include: 1. Name 2. 

Social Security Number 3. Date of birth 

4. Paid Inactive-duty training days 5. 

Paid Active-duty days. 

SYSTEM(S) OF RECORDS: 

Compensation, Pension, Education, 

and Vocational Rehabilitation and 

Employment Records—VA (58 VA 21/ 

22/28), last published at 86 FR 61858 

(November 8, 2021); DMDC 01, entitled 

‘‘Defense Manpower Data Center Data 

Base,’’ last published at 87 FR 32145 

(May 27, 2022); and ‘‘Veterans Affairs/ 

Department of Defense Identity 

Repository (VADIR)-VA (138VA005Q)’’, 

last published at 87 FR 79066 

(December 23, 2022). 


khammond on DSK9W7S144PROD with NOTICES