Notice2022-00209
Proposed Extension of Information Collection Request Submitted for Public Comment; Comment Request for Form 5495
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
January 10, 2022
Issuing agencies
Treasury DepartmentInternal Revenue Service
Abstract
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 Form 5495, Request for Discharge from Personal Liability Under Internal Revenue Code Section 2204 or 6905.
Full Text
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<title>Federal Register, Volume 87 Issue 6 (Monday, January 10, 2022)</title>
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[Federal Register Volume 87, Number 6 (Monday, January 10, 2022)]
[Notices]
[Pages 1257-1258]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-00209]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Extension of Information Collection Request Submitted
for Public Comment; Comment Request for Form 5495
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 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 5495, Request for Discharge from Personal Liability
Under Internal Revenue Code Section 2204 or 6905.
DATES: Written comments should be received on or before March 11, 2022
to be assured of consideration.
ADDRESSES: Written comments and recommendations for the proposed
information collection should be sent within 60 days of publication of
this notice to <a href="/cdn-cgi/l/email-protection#7b141619550e15120f3b120908551c140d"><span class="__cf_email__" data-cfemail="dcb3b1bef2a9b2b5a89cb5aeaff2bbb3aa">[email protected]</span></a>. Please include, ``OMB Number: 1545-
0432--Public Comment Request Notice'' in the Subject line. Requests for
additional information or copies of this collection can be directed to
Ronald J. Durbala, at <a href="/cdn-cgi/l/email-protection#683a22071b0d1800462c1d1a0a09040928011a1b460f071e"><span class="__cf_email__" data-cfemail="d1839bbea2b4a1b9ff95a4a3b3b0bdb091b8a3a2ffb6bea7">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION:
Title: Request for Discharge from Personal Liability Under Internal
Revenue Code Section 2204 or 6905.
OMB Number: 1545-0432.
Project Number: Form 5495.
Abstract: Form 5495 provides guidance under sections 2204 and 6905
for executors of estates and fiduciaries of decedent's trusts. The
form, filed after regular filing of an Estate, Gift, or Income tax
return for a decedent, is used by the executor or fiduciary to request
discharge from personal liability for any deficiency for the tax and
periods shown on the form.
Current Actions: There is no change in the paperwork burden
previously approved by OMB. This form is being submitted for renewal
purposes only.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals or Households.
Estimated Number of Respondents: 25,000.
Estimated Time per Respondent: 12 hrs. 16 min.
Estimated Total Annual Burden Hours: 306,500.
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.
Desired Focus of Comments: The Internal Revenue Service (IRS) is
particularly interested in comments that:
<bullet> Evaluate whether the proposed collection of information is
necessary for the proper performance of the functions of the agency,
including whether the information will have practical utility.
<bullet> Evaluate the accuracy of the agency's estimate of the
burden of the proposed collection of information, including the
validity of the methodology and assumptions used.
<bullet> Enhance the quality, utility, and clarity of the
information to be collected; and
<bullet> Minimize the burden of the collection of information on
those who
[[Page 1258]]
are to respond, including using appropriate automated, electronic,
mechanical, or other technological collection techniques or other forms
of information technology, e.g., by permitting electronic submissions
of responses.
Comments submitted in response to this notice will be summarized
and/or included in the ICR for OMB approval of the extension of the
information collection; they will also become a matter of public
record.
Approved: January 4, 2022.
Ronald J. Durbala,
IRS Tax Analyst.
[FR Doc. 2022-00209 Filed 1-7-22; 8:45 am]
BILLING CODE 4830-01-P
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