Notice2024-15429
Proposed Collection; Comment Request for Form 8912
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
July 15, 2024
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 information collection requirements related to credit to holders of tax credit bonds.
Full Text
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<title>Federal Register, Volume 89 Issue 135 (Monday, July 15, 2024)</title>
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[Federal Register Volume 89, Number 135 (Monday, July 15, 2024)]
[Notices]
[Pages 57519-57520]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-15429]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 8912
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
[[Page 57520]]
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 information collection
requirements related to credit to holders of tax credit bonds.
DATES: Written comments should be received on or before September 13,
2024 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#b4c4c6d59ad7dbd9d9d1dac0c7f4ddc6c79ad3dbc2"><span class="__cf_email__" data-cfemail="4e3e3c2f602d2123232b203a3d0e273c3d60292138">[email protected]</span></a>. Include OMB control number
1545-2025 or Credit to Holders of Tax Credit Bonds, in the subject
line.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the regulation 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#1d56786f6f6433513359787373746e5d746f6e337a726b"><span class="__cf_email__" data-cfemail="763d1304040f583a58321318181f05361f040558111900">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION:
Title: Credit to Holders of Tax Credit Bonds.
OMB Number: 1545-2025.
Form Number: 8912.
Abstract: Form 8912, Credit to Holders of Tax Credit Bonds, was
developed to carry out the provisions of Internal Revenue Code sections
54 and 1400N(l). The form provides a means for the taxpayer to claim
the credit for the following tax credit bonds: Clean renewable energy
bond (CREB), New clean renewable energy bond (NCREB), Qualified energy
conservation bond (QECB), Qualified zone academy bond (QZAB), Qualified
school construction bond (QSCB), and Build America bond (BAB).
Current Actions: There is no change to the paperwork burden
previously approved by OMB.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations, farms.
Estimated Number of Respondents: 50.
Estimated Time per Response: 13 hours, 47 minutes.
Estimated Total Annual Burden Hours: 689 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: July 9, 2024.
Kerry L. Dennis,
Tax Analyst.
[FR Doc. 2024-15429 Filed 7-12-24; 8:45 am]
BILLING CODE 4830-01-P
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