Proposed Collection; Comment Request for Regulation Project, 21273 [E5-1958]
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Federal Register / Vol. 70, No. 78 / Monday, April 25, 2005 / Notices
Service, room 6516, 1111 Constitution
Avenue, NW., Washington, DC 20224,
or through the Internet, at
Allan.M.Hopkins@irs.gov.
Title:
Distributions From Pensions, Annuities,
Retirement or Profit-Sharing Plans,
IRAs, Insurance Contracts, etc.
OMB Number: 1545–0119.
Form Number: 1099–R.
Abstract: Form 1099–R is used to
report distributions from pensions,
annuities, profit-sharing or retirement
plans, IRAs, and the surrender of
insurance contracts. This information is
used by the IRS to verify that income
has been properly reported by the
recipient.
Current Actions: There are no changes
being made to the form at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses or other
for-profit organizations, not for-profit
institutions, and Federal, State, local or
tribal governments.
Estimated Number of Responses:
62,348,484.
Estimated Time per Response: 18 min.
Estimated Total Annual Burden
Hours: 18,704,549.
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
rmajette on DSK29S0YB1PROD with NOTICES
SUPPLEMENTARY INFORMATION:
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costs and costs of operation,
maintenance, and purchase of services
to provide information.
Approved: April 19, 2005.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E5–1957 Filed 4–22–05; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG–209837–96]
Proposed Collection; Comment
Request for Regulation Project
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
SUMMARY: The Department of the
Treasury, 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,
Public Law 104–13 (44 U.S.C.
3506(c)(2)(A)). Currently, the IRS is
soliciting comments concerning an
existing final regulation, REG–209837–
96, (TD 8742), Requirements Respecting
the Adoption or Change of Accounting
Method; Extensions of Time To Make
Elections (§§ 301.9100–2 and 301.9100–
3).
DATES: Written comments should be
received on or before June 24, 2005 to
be assured of consideration.
ADDRESSES: Direct all written comments
to Glenn Kirkland, Internal Revenue
Service, room 6516, 1111 Constitution
Avenue, NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the regulation should be
directed to Allan Hopkins, at (202) 622–
6665, or at Internal Revenue Service,
room 6516, 1111 Constitution Avenue,
NW., Washington, DC 20224, or through
the internet, at
Allan.M.Hopkins@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Requirements Respecting the
Adoption or Change of Accounting
Method; Extensions of Time to Make
Elections.
OMB Number: 1545–1488.
Regulation Project Number: REG–
209837–96.
Abstract: This final regulation
provides the procedures for requesting
PO 00000
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Fmt 4703
Sfmt 4703
21273
an extension of time to make certain
elections, including changes in
accounting method and accounting
period. In addition, the regulation
provides the standards that the IRS will
use in determining whether to grant
taxpayers extensions of time to make
these elections.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of
currently approved collection.
Affected Public: Business or other forprofit organizations, individuals, notfor-profit institutions, and farms.
Estimated Number of Respondents:
500.
Estimated Time per Respondent: 10
hours.
Estimated Total Annual Burden
Hours: 5,000.
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: April 19, 2005.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E5–1958 Filed 4–22–05; 8:45 am]
BILLING CODE 4830–01–P
E:\TEMP\25APN1.SGM
25APN1
]]>Agencies
[Federal Register Volume 70, Number 78 (Monday, April 25, 2005)]
[Notices]
[Page 21273]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E5-1958]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG-209837-96]
Proposed Collection; Comment Request for Regulation Project
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
SUMMARY: The Department of the Treasury, 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, Public Law 104-13 (44 U.S.C.
3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning an
existing final regulation, REG-209837-96, (TD 8742), Requirements
Respecting the Adoption or Change of Accounting Method; Extensions of
Time To Make Elections (Sec. Sec. 301.9100-2 and 301.9100-3).
DATES: Written comments should be received on or before June 24, 2005
to be assured of consideration.
ADDRESSES: Direct all written comments to Glenn Kirkland, Internal
Revenue Service, room 6516, 1111 Constitution Avenue, NW., Washington,
DC 20224.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the regulation should be directed to Allan Hopkins, at (202)
622-6665, or at Internal Revenue Service, room 6516, 1111 Constitution
Avenue, NW., Washington, DC 20224, or through the internet, at
Allan.M.Hopkins@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Requirements Respecting the Adoption or Change of Accounting
Method; Extensions of Time to Make Elections.
OMB Number: 1545-1488.
Regulation Project Number: REG-209837-96.
Abstract: This final regulation provides the procedures for
requesting an extension of time to make certain elections, including
changes in accounting method and accounting period. In addition, the
regulation provides the standards that the IRS will use in determining
whether to grant taxpayers extensions of time to make these elections.
Current Actions: There is no change to this existing regulation.
Type of Review: Extension of currently approved collection.
Affected Public: Business or other for-profit organizations,
individuals, not-for-profit institutions, and farms.
Estimated Number of Respondents: 500.
Estimated Time per Respondent: 10 hours.
Estimated Total Annual Burden Hours: 5,000.
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: April 19, 2005.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E5-1958 Filed 4-22-05; 8:45 am]
BILLING CODE 4830-01-P
