Federal Register / Vol. 87, No. 75 / Tuesday, April 19, 2022 / Notices 23323 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Requesting 

Comments on Obligations Principally 

Secured by an Interest in Real Property 

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 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 modifications of 

commercial mortgage loans held by a 

real estate mortgage investment conduit. 

DATES: Written comments should be 

received on or before June 21, 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, or 

by email to omb.unit@irs.gov. Include 

1545–2110 or Obligations principally 

secured by an interest in real property, 

in the subject line of the message. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of this collection should be 

directed to LaNita Van Dyke, 202–317– 

6009, at Internal Revenue Service, Room 

6526, 1111 Constitution Avenue NW, 

Washington, DC 20224, or through the 

internet at Lanita.VanDyke@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Obligations principally secured 

by an interest in real property. 

OMB Number: 1545–2110. 

Form Number: TD 9463. 

Abstract: This collection covers final 

regulations under section 1.860G–2 that 

expand the list of permitted loan 

modifications to include certain 

modifications that are often made to 

commercial mortgages. The collection of 

information in this regulation is in 

section 1.860G–2(b)(7). To establish that 

the 80-percent test is met at the time of 

modification, the servicer must obtain 

an appraisal or some other form of 

commercially reasonable valuation (the 

appraisal requirement). This 

information is required to show that 

modifications to mortgages permitted 

will not cause the modified mortgage to 

cease to be a qualified mortgage. 

Current Actions: There is no change to 

the burden previously approved. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Business or other forprofit organizations. 

Estimated Number of Respondents: 

375. 

Estimated Time per Respondent: 8 

hrs. 

Estimated Total Annual Burden 

Hours: 3,000. 

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: April 14, 2022. 

Andres Garcia Leon, 

Supervisory Tax Analyst. 

[FR Doc. 2022–08329 Filed 4–18–22; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Form 14411 

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 information 

collections, as required by the 

Paperwork Reduction Act of 1995. The 

IRS is soliciting comments concerning 

Form 14411, Systemic Advocacy Issue 

Submission form. 

DATES: Written comments should be 

received on or before June 21, 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, or 

by email to omb.unit@irs.gov. Include 

1545–1832 or Systemic Advocacy Issue 

Submission Forming in the subject line 

of the message. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of this collection should be 

directed to LaNita Van Dyke, 202–317– 

6009, at Internal Revenue Service, Room 

6526, 1111 Constitution Avenue NW, 

Washington, DC 20224, or through the 

internet at Lanita.VanDyke@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Systemic Advocacy Issue 

Submission. 

OMB Number: 1545–1832. 

Form Number: 14411. 

Abstract: Systemic Advocacy Issue 

Submission Form, is an optional use 

form for taxpayers (individual and 

business), tax professionals, trade and 

business associations, etc. to submit 

systemic problems. These problems may 

pertain to experiences with the Internal 

Revenue Service’s processes procedures 

or make legislative recommendations. 

Current Actions: There are no changes 

to the existing collection. 

Type of Review: Extension of a 

previously approved collection. 

Affected Public: Business or other forprofit organizations, individuals, notfor-profit institutions, farms, Federal, 

State, Local or Tribal governments. 

Estimated Number of Responses: 420. 

Estimated Time Per Response: 48 

minutes. 

Estimated Total Annual Burden 

Hours: 336 hours. 

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. 


lotter on DSK11XQN23PROD with NOTICES1
23324 Federal Register / Vol. 87, No. 75 / Tuesday, April 19, 2022 / Notices 

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: April 14, 2022. 

Andres Garcia Leon, 

Supervisory Tax Analyst. 

[FR Doc. 2022–08328 Filed 4–18–22; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for TD 8656 

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 information 

collections, as required by the 

Paperwork Reduction Act of 1995. The 

IRS is soliciting comments concerning 

final regulation TD 8656, Imposition of 

the Accuracy-Related Penalty. 

DATES: Written comments should be 

received on or before June 21, 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 or 

by email to omb.unit@irs.gov. Please 

include the information collection’s 

‘‘OMB number 1545–1426’’ in the 

Subject line of the message. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of this regulation should be 

directed to Sara Covington, (202) 317– 

4542, at Internal Revenue Service, Room 

6526, 1111 Constitution Avenue NW, 

Washington, DC 20224, or through the 

internet, at sara.l.covington@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Section 6662—Imposition of the 

Accuracy-Related Penalty. 

OMB Number: 1545–1426. 

Regulation Project Number: TD 8656. 

Abstract: These regulations provide 

guidance on the accuracy-related 

penalty imposed on underpayments of 

tax caused by substantial and gross 

valuation misstatements as defined in 

Internal Revenue Code sections 6662(e) 

and 6662(h). Under section 1.6662–6(d) 

of the regulations, an amount is 

excluded from the penalty if certain 

requirements are met and a taxpayer 

maintains documentation of how a 

transfer price was determined for a 

transaction subject to Code section 482. 

Current Actions: There is no changes 

in the paperwork burden previously 

approved by OMB. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Business or other forprofit organizations. 

Estimated total annual recordkeeping 

burden hours under section 482 is 125 

hrs., and under section 6662(e) is 20,000 

hrs. 

Estimated total annual burden time/ 

per/recordkeeper under section 482 is 

15 mins and under section 6662(e)varies 

from 15hrs to 10 hrs., depending on 

individual circumstances, an estimated 

average of 8 hrs. 

Estimated Number of Respondents 

(recordkeepers) under section 482 is 500 

recordkeepers and under section 6662 

(e) is 2000 recordkeepers. 

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: April 14, 2022. 

Sara L. Covington, 

IRS Tax Analyst. 

[FR Doc. 2022–08296 Filed 4–18–22; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Form 8611 

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. The 

IRS is soliciting comments concerning 

Form 8611, Recapture of Low-Income 

Housing Credit. 

DATES: Written comments should be 

received on or before June 21, 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, or 

by email to omb.unit@irs.gov. Include 

1545–1035 or Recapture of Low-Income 

Housing Credit in the subject line of the 

message. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of this collection should be 

directed to LaNita Van Dyke, at 202– 

317–6009, at Internal Revenue Service, 

Room 6526, 1111 Constitution Avenue 

NW, Washington, DC 20224, or through 

the internet at Lanita.VanDyke@irs.gov. 


lotter on DSK11XQN23PROD with NOTICES1