[Federal Register Volume 82, Number 205 (Wednesday, October 25, 2017)]
[Notices]
[Pages 49480-49481]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-23100]


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DEPARTMENT OF THE TREASURY


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Multiple 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 November 24, 2017 to be 
assured of consideration.

ADDRESSES: Send comments regarding the burden estimate, or any other 
aspect of the information collection, including suggestions for 
reducing the burden, to (1) Office of Information and Regulatory 
Affairs, Office of Management and Budget, Attention: Desk Officer for 
Treasury, New Executive Office Building, Room 10235, Washington, DC 
20503, or email at <a href="/cdn-cgi/l/email-protection#743b3d26352b270116191d07071d1b1a343b39365a313b245a131b02"><span class="__cf_email__" data-cfemail="b7f8fee5f6e8e4c2d5dadec4c4ded8d9f7f8faf599f2f8e799d0d8c1">[email protected]</span></a> and (2) Treasury PRA 
Clearance Officer, 1750 Pennsylvania Ave. NW., Suite 8142, Washington, 
DC 20220, or email at <a href="/cdn-cgi/l/email-protection#f6a6a4b7b6828493978583848fd8919980"><span class="__cf_email__" data-cfemail="2777756667535542465452555e09404851">[email protected]</span></a>.

FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be 
obtained from Jennifer Leonard by emailing <a href="/cdn-cgi/l/email-protection#28787a69685c5a4d495b5d5a51064f475e"><span class="__cf_email__" data-cfemail="217173606155534440525453580f464e57">[email protected]</span></a>, calling 
(202) 622-0489, or viewing the entire information collection request at 
www.reginfo.gov.

SUPPLEMENTARY INFORMATION: 

Internal Revenue Service (IRS)

    Title: Return of Excise Taxes Related to Employee Benefit Plans.
    OMB Control Number: 1545-0575.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: Code sections 4971, 4972, 4973(a)(3), 4975, 4976, 4977, 
4978, 4978A, 4978B, 4979, 4979A and 4980 impose various excise taxes in 
connection with employee benefit plans. Form 5330 is used to compute 
and collect these taxes.
    Form: Form 5330.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 540, 145.

    Title: Information Reporting by Passport Applicants (REG-208274-
86).
    OMB Control Number: 1545-1359.
    Type of Review: Revision of a currently approved collection.
    Abstract: This document contains regulations that provide 
information reporting rules for certain passport applicants. The 
information provided by passport applicants will be used by the IRS for 
tax compliance purposes.
    Forms: None.
    Affected Public: Individuals or Households.
    Estimated Total Annual Burden Hours: 1,213,354.

    Title: Return of U.S. Persons With Respect to Certain Foreign 
Partnerships.
    OMB Control Number: 1545-1668.
    Type of Review: Revision of a currently approved collection.

[[Page 49481]]

    Abstract: The Taxpayer Relief Act of 1997 significantly modified 
the information reporting requirements with respect to foreign 
partnerships. The Act made the following three changes (1) expanded 
section 6038B to require U.S. persons transferring property to foreign 
partnerships in certain transactions to report those transfers; (2) 
expanded section 6038 to require certain U.S. Partners of controlled 
foreign partnerships to report information about the partnerships; and 
(3) modified the reporting required under section 6046A with respect to 
acquisitions and dispositions of foreign partnership interests. Form 
8838-P is used to extend the statute of limitations for U.S. persons 
who transfers appreciated property to partnerships with foreign 
partners related to the transferor. The form is filed when the 
transferor makes a gain recognition agreement. This agreement allows 
the transferor to defer the payment of tax on the transfer. The IRS 
uses Form 8838-P so that it may assess tax against the transferor after 
the expiration of the original statute of limitations.
    Forms: 8865, Sch P (Form 8865), Sch O (Form 8865), Sch K-1 (Form 
8865), Form 8838-P.
    Affected Public: Businesses or other for profits, Individuals or 
Households.
    Estimated Total Annual Burden Hours: 254,084.

    Title: Form 13818--Limited Payability Claim Against the United 
States For Proceeds of an Internal Revenue Refund Check.
    OMB Control Number: 1545-2024.
    Type of Review: Revision of a currently approved collection.
    Abstract: This form is used by taxpayers for completing a claim 
against the United States for the proceeds of an Internal Revenue 
refund check.
    Form: Form 13818.
    Affected Public: Individuals or Households.
    Estimated Total Annual Burden Hours: 6,000.

    Title: Paid Preparer Tax Identification Number (PTIN) Application 
and Renewal.
    OMB Control Number: 1545-2190.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: Paid tax return preparers are required to obtain a 
preparer tax identification number (PTIN) by completing Form W-12, IRS 
Paid Preparer Tax Identification Number (PTIN) Application and Renewal, 
and to pay the fee required with the application. A third party will 
administer the PTIN application process. Most applications will be 
filled out on-line. Form W-12 will be used to collect the information 
required by Sec.  1.6109-2 and to collect the information the third 
party needs to administer the PTIN application process.
    Form: W-12.
    Affected Public: Individuals or Households.
    Estimated Total Annual Burden Hours: 1,464,000.

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

    Dated: October 19, 2017.
Jennifer P. Leonard,
Treasury PRA Clearance Officer.
[FR Doc. 2017-23100 Filed 10-24-17; 8:45 am]
 BILLING CODE 4830-01-P


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