Agency Collection Activities; Requesting Comments on Form 4684, Casualties and Thefts
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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 proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning Form 4684, Casualties and Thefts.
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<title>Federal Register, Volume 89 Issue 177 (Thursday, September 12, 2024)</title>
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[Federal Register Volume 89, Number 177 (Thursday, September 12, 2024)]
[Notices]
[Page 74377]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-20710]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Agency Collection Activities; Requesting Comments on Form 4684,
Casualties and Thefts
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 general 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. The IRS is soliciting comments
concerning Form 4684, Casualties and Thefts.
DATES: Written comments should be received on or before November 12,
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#a0d0d2c18ec3cfcdcdc5ced4d3e0c9d2d38ec7cfd6"><span class="__cf_email__" data-cfemail="48383a29662b2725252d263c3b08213a3b662f273e">[email protected]</span></a>. Include OMB Control No.
1545-0177 in the subject line of the message.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of this collection should be directed to Jason Schoonmaker,
(801) 620-2128, 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#bcd6ddcfd3d292d192cfdfd4d3d3d2d1ddd7d9cefcd5cecf92dbd3ca"><span class="__cf_email__" data-cfemail="0e646f7d61602063207d6d66616160636f656b7c4e677c7d20696178">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION: The IRS is currently seeking comments
concerning the following information collection tools, reporting, and
record-keeping requirements:
Title: Casualties and Thefts.
OMB Number: 1545-0177.
Form Number: 4684.
Abstract: Form 4684 is used by taxpayers to compute their gain or
loss from casualties or thefts, and to summarize such gains and losses.
The data is used to verify that the correct gain or loss has been
computed. These burden estimates are only for tax-exempt, trust and
estate filers. The burden estimates for other filers are covered under
OMB control numbers 1545-0074 for individual filers and 1545-0123 for
business filers.
Current Actions: There is no change to the existing collection.
However, the estimated number of responses was updated to eliminate
duplication of the burden associated with business filers captured
under OMB control number 1545-0123.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals, households, and business or other
for-profit organizations.
Estimated Number of Responses: 1,860.
Estimated Time per Respondent: 6 hours, 3 minutes.
Estimated Total Annual Burden Hours: 11,253.
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,
maintenance, and purchase of services to provide information.
Approved: September 9, 2024.
Jason M. Schoonmaker,
Tax Analyst.
[FR Doc. 2024-20710 Filed 9-11-24; 8:45 am]
BILLING CODE 4830-01-P
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