Notice2023-20513
Proposed Collection; Comment Request for Revenue Procedure 2004-47
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
September 22, 2023
Issuing agencies
Treasury DepartmentInternal Revenue Service
Abstract
The Internal Revenue Service (IRS), 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. The IRS is soliciting comments concerning Relief From Ruling Process For Making Late Reverse QTIP Election.
Full Text
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<title>Federal Register, Volume 88 Issue 183 (Friday, September 22, 2023)</title>
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[Federal Register Volume 88, Number 183 (Friday, September 22, 2023)]
[Notices]
[Page 65427]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-20513]
[[Page 65427]]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Revenue Procedure 2004-
47
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
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SUMMARY: The Internal Revenue Service (IRS), 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. The IRS is soliciting comments concerning Relief From Ruling
Process For Making Late Reverse QTIP Election.
DATES: Written comments should be received on or before November 21,
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#4d3d3f2c632e2220202823393e0d243f3e632a223b"><span class="__cf_email__" data-cfemail="d0a0a2b1feb3bfbdbdb5bea4a390b9a2a3feb7bfa6">[email protected]</span></a>. Include ``OMB Number 1545-
1898--Relief From Ruling Process For Making Late Reverse QTIP
Election'' in the subject line of the message.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of this collection should be directed to Martha R. Brinson, at
(202) 317-5753, 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#266b4754524e4708740864544f48554948664f545508414950"><span class="__cf_email__" data-cfemail="64290516100c054a364a26160d0a170b0a240d16174a030b12">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION:
Title: Relief From Ruling Process For Making Late Reverse QTIP
Election.
OMB Number: 1545-1898.
Revenue Procedure Number: 2004-47.
Abstract: This revenue procedure provides alternative relief for
taxpayers who failed to make a reverse QTIP election on an estate tax
return. Instead of requesting a private letter ruling and paying the
accompanying user fee, taxpayers may file certain documents with the
Cincinnati Service Center directly to request relief.
Current Actions: There are no changes to the paperwork burden
previously approved by OMB.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals or households.
Estimated Number of Respondents: 6.
Estimated Annual Average Time per Respondent: 9 hours.
Estimated Total Annual Burden Hours: 54.
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.
Comments will be 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 has
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 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: September 15, 2023.
Martha R. Brinson,
Tax Analyst.
[FR Doc. 2023-20513 Filed 9-21-23; 8:45 am]
BILLING CODE 4830-01-P
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