Proposed Extension of Information Collection Request Submitted for Public Comment; Comment Request on Burden Related to Reporting on Mortgage Assistance Payments
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Issuing agencies
Abstract
The Internal Revenue Service, as part of its continuing effort to reduce paperwork and respondent burden, invites the 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. Currently, the IRS is soliciting comments concerning the burden for Form 1098-MA, Mortgage Assistance Payments.
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<title>Federal Register, Volume 89 Issue 234 (Thursday, December 5, 2024)</title>
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[Federal Register Volume 89, Number 234 (Thursday, December 5, 2024)]
[Notices]
[Pages 96709-96710]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-28481]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Extension of Information Collection Request Submitted
for Public Comment; Comment Request on Burden Related to Reporting on
Mortgage Assistance Payments
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 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. Currently, the IRS is soliciting comments
concerning the
[[Page 96710]]
burden for Form 1098-MA, Mortgage Assistance Payments.
DATES: Written comments should be received on or before February 3,
2025 to be assured of consideration.
ADDRESSES: Direct all written comments to Andr[eacute]s Garcia,
Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW,
Washington, DC 20224, or by email to <a href="/cdn-cgi/l/email-protection#dcacaebdf2bfb3b1b1b9b2a8af9cb5aeaff2bbb3aa"><span class="__cf_email__" data-cfemail="047476652a676b6969616a7077446d76772a636b72">[email protected]</span></a>. Please
include, ``OMB Number: 1545-2221-Public Comment Request Notice'' in the
Subject line.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the form and instructions should be directed to Ronald J.
Durbala, at (202) 317-5746, 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#c29088adb1a7b2aaec86b7b0a0a3aea382abb0b1eca5adb4"><span class="__cf_email__" data-cfemail="693b23061a0c1901472d1c1b0b08050829001b1a470e061f">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION:
Title: Mortgage Assistance Payments.
OMB Number: 1545-2221.
Document Number: Forms 1098-MA.
Abstract: Taxpayers who are required to have an identification
number for use on any return, statement, or other document must prepare
and file Form SS-4 or Form SS-4 (SP) to obtain a number. The
information is used by the Internal Revenue Service and the Social
Security Administration in tax administration and by the Bureau of the
Census for business statistics.
Current Actions: There are no changes being made to the forms at
this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations,
individuals or households, not-for-profit institutions, farms, federal
government, and state, local or tribal governments.
Estimated Number of Respondents: 60,000.
Estimated Time per Respondent: 2 hrs., 50 min.
Estimated Total Annual Burden Hours: 170,400.
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.
Desired Focus of Comments: The Internal Revenue Service (IRS) is
particularly interested in comments that:
<bullet> Evaluate whether the proposed collection of information is
necessary for the proper performance of the functions of the agency,
including whether the information will have practical utility.
<bullet> Evaluate the accuracy of the agency's estimate of the
burden of the proposed collection of information, including the
validity of the methodology and assumptions used.
<bullet> Enhance the quality, utility, and clarity of the
information to be collected; and
<bullet> Minimize the burden of the collection of information on
those who are to respond, including using appropriate automated,
electronic, mechanical, or other technological collection techniques or
other forms of information technology, e.g., by permitting electronic
submissions of responses.
Comments submitted in response to this notice will be summarized
and/or included in the ICR for OMB approval of the extension of the
information collection; they will also become a matter of public
record.
Approved: December 2, 2024.
Ronald J. Durbala,
IRS Tax Analyst.
[FR Doc. 2024-28481 Filed 12-4-24; 8:45 am]
BILLING CODE 4830-01-P
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</html>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.