Notice2022-04706
Proposed Collection; Comment Request for Waiver of Right to Consistent Agreement of Partnership Items and Partnership-Level Determinations as to Penalties, Additions to Tax, and Additional Amounts
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
March 7, 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 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 procedure for waiver of right to consistent agreement of partnership items and partnership- level determinations as to penalties, additions to tax, and additional amounts.
Full Text
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<title>Federal Register, Volume 87 Issue 44 (Monday, March 7, 2022)</title>
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[Federal Register Volume 87, Number 44 (Monday, March 7, 2022)]
[Notices]
[Pages 12775-12776]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-04706]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Waiver of Right to
Consistent Agreement of Partnership Items and Partnership-Level
Determinations as to Penalties, Additions to Tax, and Additional
Amounts
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 general public
and other Federal agencies to take this opportunity to comment on
continuing
[[Page 12776]]
information collections, as required by the Paperwork Reduction Act of
1995. The IRS is soliciting comments concerning procedure for waiver of
right to consistent agreement of partnership items and partnership-
level determinations as to penalties, additions to tax, and additional
amounts.
DATES: Written comments should be received on or before May 6, 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 <a href="/cdn-cgi/l/email-protection#90fffdf2bee5fef9e4d0f9e2e3bef7ffe6"><span class="__cf_email__" data-cfemail="3857555a164d56514c78514a4b165f574e">[email protected]</span></a>. Include OMB control number
1545-1969 or Waiver of Right to Consistent Agreement of Partnership
Items and Partnership-Level Determinations as to Penalties, Additions
to Tax, and Additional Amounts in the subject line of the message.
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
<a href="/cdn-cgi/l/email-protection#fcb7998e8e85d2b0d2b8999292958fbc958e8fd29b938a"><span class="__cf_email__" data-cfemail="773c1205050e593b59331219191e04371e050459101801">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION:
Title: Waiver of Right to Consistent Agreement of Partnership Items
and Partnership-Level Determinations as to Penalties, Additions to Tax,
and Additional Amounts.
OMB Number: 1545-1569.
Form Number: 13751.
Abstract: The information requested on Form 13751 will be used to
determine the eligibility for participation in the settlement
initiative of taxpayers related through TEFRA partnerships to
ineligible applicants. Such determinations will involve partnership
items and partnership-level determinations, as well as the calculation
of tax liabilities resolved under this initiative, including penalties
and interest.
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: Individuals or households, Business or other for-
profit organizations, not-for-profit institutions.
Estimated Number of Respondents: 100.
Estimated Time per Respondent: 1 hours.
Estimated Total Annual Burden Hours: 100 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: March 1, 2022.
Kerry L. Dennis,
Tax Analyst.
[FR Doc. 2022-04706 Filed 3-4-22; 8:45 am]
BILLING CODE 4830-01-P
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