Submission for OMB Review; Comment Request, 20435-20436 [E6-5914]

Download as PDF 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 VerDate Aug<31>2005 14:56 Apr 19, 2006 Jkt 208001 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. PO 00000 Frm 00054 Fmt 4703 Sfmt 4703 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. VerDate Aug<31>2005 14:56 Apr 19, 2006 Jkt 208001 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 PO 00000 Frm 00055 Fmt 4703 Sfmt 4703 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. E:\FR\FM\20APN1.SGM 20APN1

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
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.