Notice2023-23448
Proposed Collection; Comment Request for Form 15597
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
October 24, 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 Foreclosure Sale Purchaser Contact Information Request.
Full Text
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<title>Federal Register, Volume 88 Issue 204 (Tuesday, October 24, 2023)</title>
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[Federal Register Volume 88, Number 204 (Tuesday, October 24, 2023)]
[Notices]
[Pages 73083-73084]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-23448]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 15597
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 Foreclosure Sale
Purchaser Contact Information Request.
DATES: Written comments should be received on or before December 26,
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#dbaba9baf5b8b4b6b6beb5afa89bb2a9a8f5bcb4ad"><span class="__cf_email__" data-cfemail="4a3a382b64292527272f243e390a233839642d253c">[email protected]</span></a>. Include ``OMB Number 1545-
2199--Foreclosure Sale Purchaser Contact Information Request'' 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#f4b99586809c95daa6dab6869d9a879b9ab49d8687da939b82"><span class="__cf_email__" data-cfemail="024f6370766a632c502c40706b6c716d6c426b70712c656d74">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION:
Title: Foreclosure Sale Purchaser Contact Information Request.
OMB Number: 1545-2199.
Form Number: 15597.
Abstract: Form 15597, Foreclosure Sale Purchaser Contact
Information Request, is information requested of individuals or
businesses that have purchased real property at a third-party
foreclosure sale. If the IRS has filed a ``Notice of Federal Tax Lien''
publically notifying a taxpayer's creditors that the taxpayer owes the
IRS a tax debt, AND a creditor senior to the IRS position later
forecloses on their creditor note (such as the mortgage holder of a
taxpayers primary residence) THEN the IRS tax claim is discharged or
removed from the property (if the appropriate foreclosure rules are
followed) and the foreclosure sale purchaser buys the property free and
clear of the IRS claim EXCEPT that the IRS retains the right to
``redeem'' or buy back the property from the foreclosure sale purchaser
w/in 120 days after the foreclosure sale. Collection of this
information is authorized by 28 U.S.C. 2410 and IRC 7425.
Current Actions: There are no changes to the burden previously
approved by OMB.
Type of Review: Extension of a previously approved collection.
Affected Public: Individuals or households, Business or other for-
profit groups, Not-for-profit institutions,
[[Page 73084]]
Farms, Federal Government, State, Local, or Tribal Governments.
Estimated Number of Responses: 150.
Estimated Time per Respondent: 4.08 hours.
Estimated Total Annual Burden Hours: 613.
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: October 16, 2023.
Martha R. Brinson,
Tax Analyst.
[FR Doc. 2023-23448 Filed 10-23-23; 8:45 am]
BILLING CODE 4830-01-P
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