Notice2022-06328
Proposed Extension of Information Collection Request Submitted for Public Comment; Comment Request for Form 1098-C
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 25, 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 1098-C, Contributions of Motor Vehicles, Boats, and Airplanes.
Full Text
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<title>Federal Register, Volume 87 Issue 58 (Friday, March 25, 2022)</title>
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[Federal Register Volume 87, Number 58 (Friday, March 25, 2022)]
[Notices]
[Pages 17137-17138]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-06328]
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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 1098-C
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 1098-C, Contributions of Motor Vehicles, Boats, and
Airplanes.
DATES: Written comments should be received on or before May 24, 2022 to
be assured of consideration.
ADDRESSES: Direct all written comments to Andr[eacute]s Garcia,
Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW,
Washington, DC 20224, or by email to <a href="/cdn-cgi/l/email-protection#8be4e6e9a5fee5e2ffcbe2f9f8a5ece4fd"><span class="__cf_email__" data-cfemail="bed1d3dc90cbd0d7cafed7cccd90d9d1c8">[email protected]</span></a>. Please include,
``OMB Number: 1545-1959--Public Comment Request Notice'' in the Subject
line.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the form and instructions should be directed to Ronald J.
Durbala, at (202) 317-5746, 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#8ddfc7e2fee8fde5a3c9f8ffefece1eccde4fffea3eae2fb"><span class="__cf_email__" data-cfemail="6230280d1107120a4c26171000030e03220b10114c050d14">[email protected]</span></a>.
[[Page 17138]]
SUPPLEMENTARY INFORMATION:
Title: Contributions of Motor Vehicles, Boats, and Airplanes.
OMB Number: 1545-1959.
Project Number: Form 1098-C.
Abstract: Section 884 of the American Jobs Creation Act of 2004
(Pub. L. 108-357) added paragraph 12 to section 170(f) for
contributions of used motor vehicles, boats, and airplanes. Section
170(f)(12) requires that a donee organization provide an
acknowledgement to the donor of this type of property and is required
to file the same information to the Internal Revenue Service.
Form 1098-C is used to report charitable contributions of motor
vehicles, boats, and airplanes after December 31, 2004.
Current Actions: There are no changes being made to this form at
this time. However, changes to the estimated number of responses will
increase the burden by 1,302 hours. This request is being submitted for
renewal purposes.
Type of Review: Revision of a currently approved collection.
Affected Public: Businesses or other for-profits, Individuals or
households, Farms, or Not-for-profit institutions.
Estimated Number of Respondents: 110,400.
Estimated Time per Respondent: 18 min.
Estimated Total Annual Burden Hours: 34,224.
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 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: March 21, 2022.
Ronald J. Durbala,
IRS Tax Analyst.
[FR Doc. 2022-06328 Filed 3-24-22; 8:45 am]
BILLING CODE 4830-01-P
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