Federal Register / Vol. 87, No. 20 / Monday, January 31, 2022 / Notices 4999 

invites the general public and other 

Federal agencies to take this 

opportunity to comment on continuing 

information collections, as required by 

the Paperwork Reduction Act of 1995. 

The IRS is soliciting comments 

concerning reporting requirements for 

widely held fixed investment trusts. 

DATES: Written comments should be 

received on or before April 1, 2022 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. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of the form should be directed to 

Kerry Dennis at (202) 317–5751, or at 

Internal Revenue Service, Room 6526, 

1111 Constitution Avenue NW, 

Washington, DC 20224, or through the 

internet, at Kerry.L.Dennis@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Reporting Requirements for 

Widely Held Fixed Investment Trusts. 

OMB Number: 1545–1540. 

Regulation Project Number: TD 9308. 

Abstract: Under regulation section 

1.671–5, the trustee or the middleman 

who holds an interest in a widely held 

fixed investment trust for an investor 

will be required to provide a Form 1099 

to the IRS and a tax information 

statement to the investor. The trust is 

also required to provide more detailed 

tax information to middlemen and 

certain other persons, upon request. 

Current Actions: There is no change to 

the regulation or burden at this time. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Business or other forprofit organizations. 

Estimated Number of Respondents: 

1,200. 

Estimated Time per Respondent: 2 

hours. 

Estimated Total Annual Burden 

Hours: 2,400 hours. 

The following paragraph applies to all 

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 if 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: January 25, 2022. 

Kerry L. Dennis, 

Tax Analyst. 

[FR Doc. 2022–01879 Filed 1–28–22; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Application for 

Determination for Terminating Plan, 

and Distributable Benefits From 

Employee Pension Benefit Plans 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Notice and request for 

comments. 

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 continuing 

information collections, as required by 

the Paperwork Reduction Act of 1995. 

The IRS is soliciting comments 

concerning guidance on the application 

for determination for terminating plan, 

and distributable benefits from 

employee pension benefit plans. 

DATES: Written comments should be 

received on or before April 1, 2022 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. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of the form should be directed to 

Kerry Dennis at (202) 317–5751, or at 

Internal Revenue Service, Room 6526, 

1111 Constitution Avenue NW, 

Washington, DC 20224, or through the 

internet, at Kerry.L.Dennis@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Application for Determination 

for Terminating Plan, and Distributable 

Benefits from Employee Pension Benefit 

Plans. 

OMB Number: 1545–0202. 

Form Numbers: 5310 and 6088. 

Abstract: Employers who have 

qualified deferred compensation plans 

can take an income tax deduction for 

contributions to their plans. Form 5310 

is used to request an IRS determination 

letter about the plan’s qualification 

status (qualified or non-qualified) under 

Internal Revenue Code sections 401(a) 

or 403(a) of a pension. Form 6088 is 

used by the IRS to analyst an 

application for a determination letter on 

the qualification of the plan upon 

termination. 

Current Actions: There is no change to 

the existing form or burden at this time. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Business or other forprofit organizations. 

Estimated Number of Respondents: 

1,244. 

Estimated Time per Respondent: 66 

hours, 6 minutes. 

Estimated Total Annual Burden 

Hours: 82,231 hours. 

The following paragraph applies to all 

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 if 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 


khammond on DSKJM1Z7X2PROD with NOTICES
5000 Federal Register / Vol. 87, No. 20 / Monday, January 31, 2022 / Notices 

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: January 25, 2022. 

Kerry L. Dennis, 

Tax Analyst. 

[FR Doc. 2022–01841 Filed 1–28–22; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Form 5498–ESA 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Notice and request for 

comments. 

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. 

Currently, the IRS is soliciting 

comments concerning Form 5498–ESA, 

Coverdell ESA Contribution 

Information. 

DATES: Written comments should be 

received on or before April 1, 2022 to 

be assured of consideration. 

ADDRESSES: Direct all written comments 

to Andres Garcia, Internal Revenue 

Service, Room 6529, 1111 Constitution 

Avenue NW, Washington, DC 20224. 

You must reference the information 

collection’s title, form number, 

reporting or record-keeping requirement 

number, and OMB number (if any) in 

you comment. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of the form and instructions 

should be directed to LaNita Van Dyke 

at (202) 317 6009, at Internal Revenue 

Service, Room 6529, 1111 Constitution 

Avenue NW, Washington, DC 20224, or 

through the internet, at 

Lanita.VanDyke@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Coverdell ESA Contribution 

Information. 

OMB Number: 1545–1815. 

Form Number: 5498–ESA. 

Abstract: Form 5498–ESA is used by 

trustees or issuers of Coverdell 

Education Savings accounts to report 

contributions and rollovers to these 

accounts to beneficiaries. 

Current Actions: There is no change to 

the existing collection. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Business or other forprofit organization. 

Estimated Number of Responses: 

298,500. 

Estimated Time per Response: 7 

minutes. 

Estimated Total Annual Burden 

Hours: 35,820. 

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: January 26, 2022. 

Andres Garcia Leon, 

Supervisory Tax Analyst. 

[FR Doc. 2022–01907 Filed 1–28–22; 8:45 am] 

BILLING CODE 4830–01–P 


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