Proposed Collection; Comment Request for Form 4972, 20162-20163 [E6-5804]
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20162
Federal Register / Vol. 71, No. 75 / Wednesday, April 19, 2006 / Notices
Approved: April 11, 2006.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E6–5802 Filed 4–18–06; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Revenue Procedure 2003–
36
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
cchase on PROD1PC60 with NOTICES
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
Revenue Procedure 2003–36, Industry
Issue Program.
DATES: Written comments should be
received on or before June 19, 2006, to
be assured of consideration.
ADDRESSES: Direct all written comments
to Glenn P. Kirkland, Internal Revenue
Service, room 6516, 1111 Constitution
Avenue NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of revenue procedure should be
directed to R. Joseph Durbala, 202–622–
3634, at Internal Revenue Service, room
6516, 1111 Constitution Avenue, NW.,
Washington, DC 20224, or through the
Internet at RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Industry Issue Program.
OMB Number: 1545–1837.
Revenue Procedure Number: Revenue
Procedure 2003–36.
Abstract: Revenue Procedure 2003–36
describes the procedures for business
taxpayers, industry associations, and
others representing business taxpayers
to submit issues for resolution under the
IRS’s Industry Issues Resolution
Program.
Current Actions: There are no changes
being made to the revenue procedure at
this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
VerDate Aug<31>2005
17:09 Apr 18, 2006
Jkt 208001
Estimated Number of Respondents:
50.
Estimated Average Time Per
Respondent: 40 hours.
Estimated Total Annual Reporting
Burden: 2,000 hours.
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 12, 2006.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E6–5803 Filed 4–18–06; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 4972
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
PO 00000
Frm 00096
Fmt 4703
Sfmt 4703
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 Form
4972, Tax on Lump-Sum Distributions
(From Qualified Plans of Participants
Born Before January 2, 1936).
DATES: Written comments should be
received on or before June 19, 2006, 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 form and instructions
should be directed to R. Joseph Durbala,
202–622–3634, at Internal Revenue
Service, room 6516, 1111 Constitution
Avenue, NW., Washington, DC 20224,
or through the Internet at
RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Tax on Lump-Sum Distributions
(From Qualified Plans of Participants
Born Before January 2, 1936).
OMB Number: 1545–0193.
Form Number: Form 4972.
Abstract: Internal Revenue Code
section 402(e) and regulation section
402(e) and regulations section 1.402(e)
allow recipients of lump-sum
distributions from a qualified retirement
plan to figure the tax separately on the
distributions. The tax can be computed
on the 10 year averaging method and/or
by a special capital gain method. Form
4972 is used to compute the separate tax
and to make a special 20 percent capital
gain election on lump-sum distributions
attributable to pre-1974 participation.
Current Actions: There are no changes
being made to the the form at this time.
Type of Review: Revision of a
currently approved collection.
Affected Public: Individuals or
households.
Estimated Number of Responses:
21,709.
Estimated Time Per Respondent: 4
hrs., 24 min.
Estimated Total Annual Burden
Hours: 95,520.
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
E:\FR\FM\19APN1.SGM
19APN1
Federal Register / Vol. 71, No. 75 / Wednesday, April 19, 2006 / Notices
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 12, 2006.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E6–5804 Filed 4–18–06; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 2438
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
cchase on PROD1PC60 with NOTICES
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 Form
2438, Undistributed Capital Gains Tax
Return.
Written comments should be
received on or before June 19, 2006, to
be assured of consideration.
ADDRESSES: Direct all written comments
to Glenn Kirkland, Internal Revenue
DATES:
VerDate Aug<31>2005
17:09 Apr 18, 2006
Jkt 208001
Service, room 6516, 1111 Constitution
Avenue, NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the form and instructions
should be directed to R. Joseph Durbala,
202–622–3634, Internal Revenue
Service, room 6516, 1111 Constitution
Avenue, NW., Washington, DC 20224,
or through the Internet at
RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Undistributed Capital Gains Tax
Return.
OMB Number: 1545–0144.
Form Number: 2438.
Abstract: Form 2438 is used by
regulated investment companies to
compute capital gains tax on
undistributed capital gains designated
under Internal Revenue Code section
852(b)(3)(D). The IRS uses this
information to determine the correct tax.
Current Actions: There are no changes
to the form at this time. However, the
total burden has increased by 20 hours
to a new total burden of 879 hours.
Type of Review: Revision of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
100.
Estimated Time Per Respondent: 8
hrs., 48 mins.
Estimated Total Annual Burden
Hours: 879.
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
PO 00000
Frm 00097
Fmt 4703
Sfmt 4703
20163
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 12, 2006.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E6–5807 Filed 4–18–06; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 13285–A
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 Form
13285-A, Reducing Tax Burden on
America’s Taxpayers.
DATES: Written comments should be
received on or before June 19, 2006 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 form and instructions
should be directed to R. Joseph Durbala,
(202) 622–3634, at Internal Revenue
Service, room 6516, 1111 Constitution
Avenue, NW., Washington, DC 20224,
or through the Internet at
RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Reducing Tax Burden on
America’s Taxpayers.
OMB Number: 1545–2009.
Form Number: 13285–A.
Abstract: The IRS Office of Taxpayer
Burden Reduction (TBR) needs the
taxpaying public’s help to identify
meaningful taxpayer burden reduction
opportunities that impact a large
number of taxpayers. This form should
E:\FR\FM\19APN1.SGM
19APN1
]]>Agencies
[Federal Register Volume 71, Number 75 (Wednesday, April 19, 2006)]
[Notices]
[Pages 20162-20163]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-5804]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 4972
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
Form 4972, Tax on Lump-Sum Distributions (From Qualified Plans of
Participants Born Before January 2, 1936).
DATES: Written comments should be received on or before June 19, 2006,
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 form and instructions should be directed to R. Joseph
Durbala, 202-622-3634, at Internal Revenue Service, room 6516, 1111
Constitution Avenue, NW., Washington, DC 20224, or through the Internet
at RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Tax on Lump-Sum Distributions (From Qualified Plans of
Participants Born Before January 2, 1936).
OMB Number: 1545-0193.
Form Number: Form 4972.
Abstract: Internal Revenue Code section 402(e) and regulation
section 402(e) and regulations section 1.402(e) allow recipients of
lump-sum distributions from a qualified retirement plan to figure the
tax separately on the distributions. The tax can be computed on the 10
year averaging method and/or by a special capital gain method. Form
4972 is used to compute the separate tax and to make a special 20
percent capital gain election on lump-sum distributions attributable to
pre-1974 participation.
Current Actions: There are no changes being made to the the form at
this time.
Type of Review: Revision of a currently approved collection.
Affected Public: Individuals or households.
Estimated Number of Responses: 21,709.
Estimated Time Per Respondent: 4 hrs., 24 min.
Estimated Total Annual Burden Hours: 95,520.
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
[[Page 20163]]
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 12, 2006.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E6-5804 Filed 4-18-06; 8:45 am]
BILLING CODE 4830-01-P
