Notice2023-10705
Proposed Collection; Comment Request for Form 4422 and Form 15056
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
May 19, 2023
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 information collections, as required by the Paperwork Reduction Act of 1995(PRA). The IRS is soliciting comments concerning Form 4422, Application for Certificate Discharging Property Subject to Estate Tax Lien and Form 15056, Escrow Agreement for Estates.
Full Text
<html>
<head>
<title>Federal Register, Volume 88 Issue 97 (Friday, May 19, 2023)</title>
</head>
<body><pre>
[Federal Register Volume 88, Number 97 (Friday, May 19, 2023)]
[Notices]
[Pages 32286-32287]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-10705]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 4422 and Form 15056
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(PRA). The IRS is soliciting comments concerning Form 4422,
Application for Certificate Discharging Property Subject to Estate Tax
Lien and Form 15056, Escrow Agreement for Estates.
DATES: Written comments should be received on or before July 18, 2023
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#651517044b060a0808000b1116250c17164b020a13"><span class="__cf_email__" data-cfemail="e7979586c984888a8a82899394a78e9594c9808891">[email protected]</span></a>. Please reference the
information collection's ``OMB number 1545-0328'' in the subject line
of the message.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the forms and instructions should be directed to Sara
Covington at Internal Revenue Service, Room 6526, 1111 Constitution
Avenue NW, Washington, DC 20224, or at (202) 317-5744, or through the
internet at <a href="/cdn-cgi/l/email-protection#5d0e3c2f3c7311731e322b34333a2932331d342f2e733a322b"><span class="__cf_email__" data-cfemail="2774465546096b096448514e4940534849674e555409404851">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION:
Titles: Form 4422--Application for Certificate Discharging Property
Subject to Estate Tax Lien and Form 15056--Escrow Agreement for
Estates.
OMB Number: 1545-0328.
Form Numbers: 4422 and 15056.
Abstract: Form 4422 is completed by either an executor,
administrator, or other interested party for requesting release of any
or all property of an estate from the Estate Tax Lien. Form 15056 is a
contractual agreement between three parties (the IRS, Taxpayer, and
Escrow agent) to hold funds from property sales subject to the federal
estate tax lien. The only information it requires is a quarterly
statement reflecting the balance in the escrow account as proof that
the funds are being held in accordance with the agreement.
Current Actions: There are no changes being made to the forms at
this time. However, the estimated number of responses are decreased due
to the most current filing data.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals or households, business or other for-
profit, not-for-profit institutions, farms, Federal Government, State,
local, or Tribal Gov't.
Form 4422:
Estimated Number of Respondents: 1,000.
Estimated Time per Respondent: 30 minutes.
Estimated Total Annual Burden Hours: 500.
Form 15056:
Estimated Number of Respondents: 20.
Estimated Time per Respondent: 30 minutes.
Estimated Total Annual Burden Hours: 10.
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,
[[Page 32287]]
maintenance, and purchase of services to provide information.
Approved: May 15, 2023.
Sara L. Covington,
IRS Tax Analyst.
[FR Doc. 2023-10705 Filed 5-18-23; 8:45 am]
BILLING CODE 4830-01-P
</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>Indexed from Federal Register on May 19, 2023.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.