Submission for OMB Review; Comment Request, 20435-20436 [E6-5914]
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hsrobinson on PROD1PC61 with NOTICES
Federal Register / Vol. 71, No. 76 / Thursday, April 20, 2006 / Notices
Description: The regulations clarify
the reporting requirements of trustees
and middlemen involved with widely
held fixed investment trusts.
Respondents: Business or other forprofit.
Estimated Total Burden Hours: 2,400
hours.
OMB Number: 1545–1673.
Type of Review: Revision.
Title: Revenue Procedure 2003–44—
Employee Plans Compliance Resolution
System (RP 2002–47—revised).
Description: The information
requested in this revenue procedure is
required to enable the Commissioner,
Tax Exempt and Government Entities
Division of the Internal Revenue Service
to make determinations on the issuance
of various types of closing agreements
and compliance statements. The
issuance of these agreements and
statements allows individual plans to
maintain their tax-qualified status. As a
result, the favorable tax treatment of the
benefits of the eligible employees is
retained.
Respondents: Individuals or
households; Business or other for-profit;
Not-for-profit institutions; State, local or
tribal government.
Estimated Total Burden Hours: 56,272
hours.
OMB Number: 1545–1971.
Type of Review: Extension.
Title: Household Employment Taxes.
Form: IRS Schedule H (Form 1040).
Description: Schedule H (Form 1040)
is used by individuals to report their
employment taxes. The data is used to
verify that the items reported on the
form is correct and also for general
statistical use.
Respondents: Individuals or
households and Business or other forprofit.
Estimated Total Burden Hours: 71,925
hours.
OMB Number: 1545–1972.
Type of Review: Extension.
Title: Supplemental Income and Loss.
Form: IRS Schedule E (Form 1040).
Description: Schedule E (Form 1040)
is used by individuals to report their
supplemental income. The data is used
to verify that the items reported on the
form is correct and also for general
statistical use.
Respondents: Individuals or
households and Business or other forprofit.
Estimated Total Burden Hours:
284,599 hours.
OMB Number: 1545–1973.
Type of Review: Extension.
Title: Net Profit From Business.
Form: IRS Schedule C–EZ (Form
1040).
Description: Schedule C–EZ (Form
1040) is used by individuals to report
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their employment taxes. The data is
used to verify that the items reported on
the form is correct and also for general
statistical use.
Respondents: Individuals or
households and Business or other forprofit.
Estimated Total Burden Hours:
1,027,515 hours.
OMB Number: 1545–1975.
Type of Review: Extension.
Title: Profit or Loss from Farming.
Form: IRS Schedule F, Parts 1 & 2
(Form 1040).
Description: Schedule F (Form 1040)
is used by individuals to report their
employment taxes. The data is used to
verify that the items reported on the
form is correct and also for general
statistical use.
Respondents: Individuals or
households and Business or other forprofit.
Estimated Total Burden Hours:
7,796,240 hours.
OMB Number: 1545–1976.
Type of Review: Extension.
Title: Profit or Loss from Farming.
Form: IRS Schedule F, Parts 2 & 3
(Form 1040).
Description: Schedule F (Form 1040)
is used by individuals to report their
employment taxes. The data is used to
verify that the items reported on the
form is correct and also for general
statistical use.
Respondents: Individuals or
households and Business or other forprofit.
Estimated Total Burden Hours: 49,356
hours.
OMB Number: 1545–1987.
Type of Review: Extension.
Title: Notice 138529–05 Section
1503(d) Failure to File Relief.
Description: Treasury regulation
section 1.1503–2(b) provides that a dual
consolidated loss of a dual resident
corporation cannot offset the taxable
income of any domestic affiliate in the
taxable year in which the loss is
recognized or in any other taxable year.
To implement this general rule and its
exceptions, Treas. Reg section 1.1503–2,
1.1503–2A, and 1.1503–2T require
various filings to be included in a timely
filed tax return. Taxpayers that fail to
include section 1503(d) filings on a
timely basis are currently required to
request an extension of time to file
under the provisions of section
301.9100–1 through 301.9100–3. This
Notice announces that taxpayers will
not be required to request extensions for
most section 1503(d) filings if they can
demonstrate that the failure to timely
file was due to reasonable cause and not
willful neglect.
Respondents: Business or other forprofit.
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20435
Estimated Total Burden Hours: 1,238
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. E6–5912 Filed 4–19–06; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Submission for OMB Review;
Comment Request
April 13, 2006.
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 May 22, 2006 to
be assured of consideration.
Internal Revenue Service (IRS)
OMB Number: 1545–0168.
Type of Review: Extension.
Title: Application for Exemption from
Self-Employment Tax Use by Ministers,
Members of Religious Orders and
Christian Science Practitioners.
Form: IRS Form 4361.
Description: Form 4361 is used by
ministers, members of religious orders,
or Christian Science practitioners to file
for an exemption from self-employment
tax on certain earnings and to certify
that they have informed the church or
order that they are opposed to the
acceptance of certain public insurance
benefits.
Respondents: Individuals or
households.
Estimated Total Burden Hours: 10,168
hours.
OMB Number: 1545–0441.
Type of Review: Extension.
Title: Form 6559, Transmitter Report
and Summary of Magnetic Media; Form
E:\FR\FM\20APN1.SGM
20APN1
hsrobinson on PROD1PC61 with NOTICES
20436
Federal Register / Vol. 71, No. 76 / Thursday, April 20, 2006 / Notices
6559–A, Continuation Sheet for Form
6559.
Form: IRS Form 6559 and 6559–A.
Description: Forms 6559 and 6559–A
are used by filers of Form W–2 wage
and tax data to transmit filing on
magnetic media. SSA and IRS need
signed and summary data for processing
purposes. The forms are used primarily
by large employers and tax filing
services (Service bureaus).
Respondents: Business or other forprofit; Not-for-profit institutions; Farms;
Federal Government; State, local or
tribal government.
Estimated Total Burden Hours: 27,000
hours.
OMB Number: 1545–0919.
Type of Review: Extension.
Title: Limitations on Percentage
Depletion in the Case of Oil and Gas
Wells (PS–105–75) Final.
Description: The regulations require
each partner to separately keep records
of his share of the adjusted basis of
partnership oil and gas property and
require each partnership, trusts, estate,
and operator to provide information
necessary to certain persons to compute
depletion with respect to oil and gas.
Respondents: Business or other forprofit.
Estimated Total Burden Hours: 1
hour.
OMB Number: 1545–1347.
Type of Review: Extension.
Title: FI–7–94 and FI–36–92 (Final).
Description: The Code limits the
ability of State and local government
issuers of tax-exempt bonds to earn and/
or keep arbitrage profits earned with
bond proceeds. This regulation requires
recordkeeping of certain interest rate
hedges so that the hedges are taken into
account in determining those profits.
Respondents: State, local or tribal
government.
Estimated Total Burden Hours: 42,050
hours.
OMB Number: 1545–1431.
Type of Review: Extension.
Title: Substantiation Requirement for
Certain Contributions 1A–74–93 (Final)
Description: These regulations
provide that, for purposes of
substantiation for certain charitable
contributions, consideration does not
include de minimis goods or services. It
also provides guidance on how
taxpayers may satisfy the substantiation
requirement for contributions of $250 or
more.
Respondents: Individuals or
households; Business or other for-profit;
Not-for-profit institutions.
Estimated Total Burden Hours: 51,500
hours.
OMB Number: 1545–1510.
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Type of Review: Extension.
Title: Revenue Procedure 96–60,
Procedure for filing Forms W–2 is
certain Acquisitions.
Description: Information is required
by the Internal Revenue Service to assist
predecessor and successor employers in
complying with the reporting
requirements under Code sections 6051
and 6011 for Forms W–2 and 941.
Respondents: Business or other forprofit.
Estimated Total Burden Hours:
110,700 hours.
OMB Number: 1545–1533.
Type of Review: Extension.
Title: Revenue Procedure 97–22, 26
CFR 601.105 Examination of returns and
claims for refund, credits, or abatement,
determination of correct tax liability.
Description: The information
requested in Revenue Procedure 97–22
under sections 4 and 5 is required to
ensure that records maintained in an
electronic storage system will constitute
records within the meaning of section
6001.
Respondents: Individuals or
households; Business or other for-profit;
Not-for-profit institutions; Farms;
Federal Government; State, local or
tribal government.
Estimated Total Burden Hours:
1,000,400 hours.
OMB Number: 1545–1667.
Type of Review: Extension.
Title: Revenue Procedure 99–50
Combined Information Reporting.
Description: The revenue procedure
permits combined information reporting
by a successor ‘‘business entity’’ (i.e., a
corporation, partnership, or sole
proprietorship) in certain situations
following a merger or an acquisition.
The successor must file a statement with
the Internal Revenue Service indicating
what forms are being filed on a
combined basis.
Respondents: Business or other forprofit; Not-for-profit institutions; Farms.
Estimated Total Burden Hours: 500
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. E6–5914 Filed 4–19–06; 8:45 am]
BILLING CODE 4830–01–P
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DEPARTMENT OF THE TREASURY
Fiscal Service
Financial Management Service;
Proposed Collection of Information:
ACH Vendor/Miscellaneous Payment
Enrollment Form
Financial Management Service,
Fiscal Service, Treasury.
ACTION: Notice and request for
comments.
AGENCY:
SUMMARY: The Financial Management
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 a
continuing information collection. By
this notice, the Financial Management
Service solicits comments concerning
the SF 3881 ‘‘ACH Vendor/
Miscellaneous Payment Enrollment
Form.’’
DATES: Written comments should be
received on or before June 19, 2006.
ADDRESSES: Direct all written comments
to Financial Management Service,
Records and Information Management
Branch, Room 135, 3700 East West
Highway, Hyattsville, Maryland 20782.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the form(s) and instructions
should be directed to Victor Robledo,
EFT Strategy Division, Room 419A, 401
14th Street, SW., Washington, DC
20227, (202) 874–6919.
SUPPLEMENTARY INFORMATION: Pursuant
to the Paperwork Reduction Act of 1995,
(44 U.S.C. 3506(c)(2)(A)), the Financial
Management Service solicits comments
on the collection of information
described below:
Title: ACH Vendor/Miscellaneous
Payment Enrollment Form.
OMB Number: 1510–0056.
Form Number: SF 3881.
Abstract: This form is used to collect
payment data from vendors doing
business with the Federal Government.
The Treasury Department, Financial
Management Service, will use the
information to electronically transmit
payment to vendors’ financial
institutions.
Current Actions: Extension of
currently approved collection.
Type of Review: Regular.
Affected Public: Business or other forprofit institutions.
Estimated Number of Respondents:
70,000.
Estimated Time Per Respondent: 15
minutes.
Estimated Total Annual Burden
Hours: 17,500.
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Agencies
[Federal Register Volume 71, Number 76 (Thursday, April 20, 2006)]
[Notices]
[Pages 20435-20436]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-5914]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Submission for OMB Review; Comment Request
April 13, 2006.
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 May 22,
2006 to be assured of consideration.
Internal Revenue Service (IRS)
OMB Number: 1545-0168.
Type of Review: Extension.
Title: Application for Exemption from Self-Employment Tax Use by
Ministers, Members of Religious Orders and Christian Science
Practitioners.
Form: IRS Form 4361.
Description: Form 4361 is used by ministers, members of religious
orders, or Christian Science practitioners to file for an exemption
from self-employment tax on certain earnings and to certify that they
have informed the church or order that they are opposed to the
acceptance of certain public insurance benefits.
Respondents: Individuals or households.
Estimated Total Burden Hours: 10,168 hours.
OMB Number: 1545-0441.
Type of Review: Extension.
Title: Form 6559, Transmitter Report and Summary of Magnetic Media;
Form
[[Page 20436]]
6559-A, Continuation Sheet for Form 6559.
Form: IRS Form 6559 and 6559-A.
Description: Forms 6559 and 6559-A are used by filers of Form W-2
wage and tax data to transmit filing on magnetic media. SSA and IRS
need signed and summary data for processing purposes. The forms are
used primarily by large employers and tax filing services (Service
bureaus).
Respondents: Business or other for-profit; Not-for-profit
institutions; Farms; Federal Government; State, local or tribal
government.
Estimated Total Burden Hours: 27,000 hours.
OMB Number: 1545-0919.
Type of Review: Extension.
Title: Limitations on Percentage Depletion in the Case of Oil and
Gas Wells (PS-105-75) Final.
Description: The regulations require each partner to separately
keep records of his share of the adjusted basis of partnership oil and
gas property and require each partnership, trusts, estate, and operator
to provide information necessary to certain persons to compute
depletion with respect to oil and gas.
Respondents: Business or other for-profit.
Estimated Total Burden Hours: 1 hour.
OMB Number: 1545-1347.
Type of Review: Extension.
Title: FI-7-94 and FI-36-92 (Final).
Description: The Code limits the ability of State and local
government issuers of tax-exempt bonds to earn and/or keep arbitrage
profits earned with bond proceeds. This regulation requires
recordkeeping of certain interest rate hedges so that the hedges are
taken into account in determining those profits.
Respondents: State, local or tribal government.
Estimated Total Burden Hours: 42,050 hours.
OMB Number: 1545-1431.
Type of Review: Extension.
Title: Substantiation Requirement for Certain Contributions 1A-74-
93 (Final)
Description: These regulations provide that, for purposes of
substantiation for certain charitable contributions, consideration does
not include de minimis goods or services. It also provides guidance on
how taxpayers may satisfy the substantiation requirement for
contributions of $250 or more.
Respondents: Individuals or households; Business or other for-
profit; Not-for-profit institutions.
Estimated Total Burden Hours: 51,500 hours.
OMB Number: 1545-1510.
Type of Review: Extension.
Title: Revenue Procedure 96-60, Procedure for filing Forms W-2 is
certain Acquisitions.
Description: Information is required by the Internal Revenue
Service to assist predecessor and successor employers in complying with
the reporting requirements under Code sections 6051 and 6011 for Forms
W-2 and 941.
Respondents: Business or other for-profit.
Estimated Total Burden Hours: 110,700 hours.
OMB Number: 1545-1533.
Type of Review: Extension.
Title: Revenue Procedure 97-22, 26 CFR 601.105 Examination of
returns and claims for refund, credits, or abatement, determination of
correct tax liability.
Description: The information requested in Revenue Procedure 97-22
under sections 4 and 5 is required to ensure that records maintained in
an electronic storage system will constitute records within the meaning
of section 6001.
Respondents: Individuals or households; Business or other for-
profit; Not-for-profit institutions; Farms; Federal Government; State,
local or tribal government.
Estimated Total Burden Hours: 1,000,400 hours.
OMB Number: 1545-1667.
Type of Review: Extension.
Title: Revenue Procedure 99-50 Combined Information Reporting.
Description: The revenue procedure permits combined information
reporting by a successor ``business entity'' (i.e., a corporation,
partnership, or sole proprietorship) in certain situations following a
merger or an acquisition. The successor must file a statement with the
Internal Revenue Service indicating what forms are being filed on a
combined basis.
Respondents: Business or other for-profit; Not-for-profit
institutions; Farms.
Estimated Total Burden Hours: 500 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. E6-5914 Filed 4-19-06; 8:45 am]
BILLING CODE 4830-01-P