Submission for OMB Review; Comment Request, 56771 [05-19338]
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Federal Register / Vol. 70, No. 187 / Wednesday, September 28, 2005 / Notices
DEPARTMENT OF THE TREASURY
Submission for OMB Review;
Comment Request
September 22, 2005.
The Department of the Treasury has
submitted the following public
information collection requirement(s) to
OMB for review and clearance under the
Paperwork Reduction Act of 1995,
Public Law 104–13. Copies of the
submission(s) may be obtained by
calling the Treasury Bureau Clearance
Officer listed. Comments regarding this
information collection should be
addressed to the OMB reviewer listed
and to the Treasury Department
Clearance Officer, Department of the
Treasury, Room 11000, 1750
Pennsylvania Avenue, NW.,
Washington, DC 20220.
Dates: Written comments should be
received on or before October 28, 2005
to be assured of consideration.
Internal Revenue Service (IRS)
OMB Number: 1545–0295.
Type of Review: Extension.
Title: Notice 210 Preparation
Instructions of Media Labels.
Description: Notice 210, Preparation
Instructions for Media Labels, instructs
the filers on how to prepare their own
pressure sensitive label. This label must
be attached to each and every piece of
magnetic media to identify specific
items needed so that the media can be
processed by the Internal Revenue
Service.
Respondents: Business or other forprofit and Not-for-profit business.
Estimated Total Burden Hours: 12,765
hours.
OMB Number: 1545–0970.
Type of Review: Extension.
Title: U.S. Partnership Declaration
and Signature for Electronic Filing.
Form: IRS form 8453–P.
Description: This form is used to
secure general partner’s signature and
declaration in conjunction with the
electronic filing of a partnership return
(form 1065). Form 8453–P, along with
the electronic transmission, will
comprise the partnership’s return.
Respondents: Business or other forprofit.
Estimated Total Burden Hours: 405
hours.
OMB Number: 1545–1007.
Type of Review: Extension.
Title: Nondeductible IRAs.
Form: IRS form 8606.
Description: IRC section 408(o)
requires certain information regarding
nondeductible contributions to
traditional IRAs (reported on Part I of
Form 8606). IRC section 408A(d)
VerDate Aug<31>2005
16:02 Sep 27, 2005
Jkt 205001
requires information regarding
conversions from traditional IRAs to
Roth IRAs and distributions from Roth
IRAs (reported on Parts II & III of Form
8606). IRC section 530 requires
information regarding distributions from
ED IRAs (reported on Part IV of Form
8606).
Respondents: Individuals or
households.
Estimated Total Burden Hours:
2,428,170 hours.
OMB Number: 1545–1012.
Type of Review: Extension.
Title: Salary Reductions Simplified
Employee Pension-Individual
Retirement Accounts Contribution
Agreement.
Form: 5305A–SEP.
Description: Form 5305–A SEP is
used by an employer to make an
agreement to provide benefits to all
employees under a salary reduction
Simplified Employee Pension (SEP)
described in section 408(k). This form is
not to be filed with IRS, but is to be
retained in the employers’ records as
proof of establishing such a plan,
thereby justifying a deduction for
contributions made to SEP. The data is
used to verify the deduction.
Respondents: Business or other forprofit.
Estimated Total Burden Hours:
972,000 hours.
Clearance Officer: Glenn P. Kirkland,
(202) 622–3428, Internal Revenue
Service, Room 6516, 1111 Constitution
Avenue, NW., Washington, DC 20224.
OMB Reviewer: Alexander T. Hunt,
(202) 395–7316, Office of Management
and Budget, Room 10235, New
Executive Office Building, Washington,
DC 20503.
Michael A. Robinson,
Treasury PRA Clearance Officer.
[FR Doc. 05–19338 Filed 9–27–05; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Notice 2002–69
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
PO 00000
Frm 00150
Fmt 4703
Sfmt 4703
56771
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 Notice
2002–69, Interest Rates and Appropriate
Foreign Loss Payment Patterns For
Determining the Qualified Insurance
Income of Certain Controlled
Corporations under Section 954(j).
DATES: Written comments should be
received on or before November 28,
2005 to be assured of consideration.
ADDRESSES: Direct all written comments
to Glenn Kirkland, Internal Revenue
Service, room 6512, 1111 Constitution
Avenue NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the regulations should be
directed to Larnice Mack at Internal
Revenue Service, room 6512, 1111
Constitution Avenue, NW., Washington,
DC 20224, or at (202) 622–3179, or
through the Internet at
(Larnice.Mack@irs.gov).
SUPPLEMENTARY INFORMATION:
Title: Interest Rates and Appropriate
Foreign Loss Payment Patterns For
Determining the Qualified Insurance
Income of Certain Controlled
Corporations under Section 954(j).
OMB Number: 1545–1799.
Notice Number: Notice 2002–69.
Abstract: Notice 2002–69 allows U.S.
shareholders of a foreign insurance
company to use the foreign insurance
company’s historical loss payment
patterns in computing the company’s
insurance reserves provided the
company has a certain number of years
of data and makes an election to use that
data. A domestic insurance company
can elect to use its own historical data
in computing its reserves provided
certain requirements are satisfied and an
election is made. This notice allows a
foreign insurance company to elect to
calculate its insurance reserves in a
manner similar to a domestic insurance
company. Also, this notice provides
guidance on how to determine a foreign
insurance company’s foreign loss
payment patterns.
Current Actions: There are no changes
being made to the notice at this time.
Type of Review: Extension of
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
300.
Estimated Time Per Respondent: 1
hours.
Estimated Total Annual Burden
Hours: 300.
E:\FR\FM\28SEN1.SGM
28SEN1
]]>Agencies
[Federal Register Volume 70, Number 187 (Wednesday, September 28, 2005)]
[Notices]
[Page 56771]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-19338]
[[Page 56771]]
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DEPARTMENT OF THE TREASURY
Submission for OMB Review; Comment Request
September 22, 2005.
The Department of the Treasury has submitted the following public
information collection requirement(s) to OMB for review and clearance
under the Paperwork Reduction Act of 1995, Public Law 104-13. Copies of
the submission(s) may be obtained by calling the Treasury Bureau
Clearance Officer listed. Comments regarding this information
collection should be addressed to the OMB reviewer listed and to the
Treasury Department Clearance Officer, Department of the Treasury, Room
11000, 1750 Pennsylvania Avenue, NW., Washington, DC 20220.
Dates: Written comments should be received on or before October 28,
2005 to be assured of consideration.
Internal Revenue Service (IRS)
OMB Number: 1545-0295.
Type of Review: Extension.
Title: Notice 210 Preparation Instructions of Media Labels.
Description: Notice 210, Preparation Instructions for Media Labels,
instructs the filers on how to prepare their own pressure sensitive
label. This label must be attached to each and every piece of magnetic
media to identify specific items needed so that the media can be
processed by the Internal Revenue Service.
Respondents: Business or other for-profit and Not-for-profit
business.
Estimated Total Burden Hours: 12,765 hours.
OMB Number: 1545-0970.
Type of Review: Extension.
Title: U.S. Partnership Declaration and Signature for Electronic
Filing.
Form: IRS form 8453-P.
Description: This form is used to secure general partner's
signature and declaration in conjunction with the electronic filing of
a partnership return (form 1065). Form 8453-P, along with the
electronic transmission, will comprise the partnership's return.
Respondents: Business or other for-profit.
Estimated Total Burden Hours: 405 hours.
OMB Number: 1545-1007.
Type of Review: Extension.
Title: Nondeductible IRAs.
Form: IRS form 8606.
Description: IRC section 408(o) requires certain information
regarding nondeductible contributions to traditional IRAs (reported on
Part I of Form 8606). IRC section 408A(d) requires information
regarding conversions from traditional IRAs to Roth IRAs and
distributions from Roth IRAs (reported on Parts II & III of Form 8606).
IRC section 530 requires information regarding distributions from ED
IRAs (reported on Part IV of Form 8606).
Respondents: Individuals or households.
Estimated Total Burden Hours: 2,428,170 hours.
OMB Number: 1545-1012.
Type of Review: Extension.
Title: Salary Reductions Simplified Employee Pension-Individual
Retirement Accounts Contribution Agreement.
Form: 5305A-SEP.
Description: Form 5305-A SEP is used by an employer to make an
agreement to provide benefits to all employees under a salary reduction
Simplified Employee Pension (SEP) described in section 408(k). This
form is not to be filed with IRS, but is to be retained in the
employers' records as proof of establishing such a plan, thereby
justifying a deduction for contributions made to SEP. The data is used
to verify the deduction.
Respondents: Business or other for-profit.
Estimated Total Burden Hours: 972,000 hours.
Clearance Officer: Glenn P. Kirkland, (202) 622-3428, Internal
Revenue Service, Room 6516, 1111 Constitution Avenue, NW., Washington,
DC 20224.
OMB Reviewer: Alexander T. Hunt, (202) 395-7316, Office of
Management and Budget, Room 10235, New Executive Office Building,
Washington, DC 20503.
Michael A. Robinson,
Treasury PRA Clearance Officer.
[FR Doc. 05-19338 Filed 9-27-05; 8:45 am]
BILLING CODE 4830-01-P
