Proposed Collection; Comment Request for Form 1041-QFT, 35338 [E6-9535]
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35338
Federal Register / Vol. 71, No. 117 / Monday, June 19, 2006 / Notices
Approved: May 19, 2006.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
Dated: June 7, 2006
Robert W. Werner,
Director, Financial Crimes Enforcement
Network.
[FR Doc. E6–9531 Filed 6–16–06; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 1041–QFT
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
1041–Q, U.S. Income Tax Return for
Qualified Funeral Trusts.
DATES: Written comments should be
received on or before August 18, 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 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).
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SUPPLEMENTARY INFORMATION:
Title: U.S. Income Tax Return for
Qualified Funeral Trusts.
OMB Number: 1545–1593.
Form Number: 1041–QFT.
Abstract: Internal Revenue Code
section 685 allows the trustee of a
qualified Funeral trust to elect to report
and pay the tax for the trust. Form
1041–QFT is used for this purpose. The
IRS uses the information on the form to
determine that the trustee filed the
proper return and paid the correct tax.
Current Actions: There are no changes
being made to the form at this time.
VerDate Aug<31>2005
16:46 Jun 16, 2006
Jkt 208001
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses or other
for-profit organizations.
Estimated Number of Respondents:
15,000.
Estimated Time Per Respondent: 18
hours, 6 minutes.
Estimated Total Annual Burden
Hours: 270,150.
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: June 9, 2006.
Glenn Kirkland,
IRS Reports Clearance Office.
[FR Doc. E6–9535 Filed 6–16–06; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 4970
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
PO 00000
Frm 00090
Fmt 4703
Sfmt 4703
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
4970, Tax on Accumulation
Distributions of Trusts.
DATES: Written comments should be
received on or before August 18, 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 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: Tax on Accumulation
Distribution of Trusts.
OMB Number: 1545–0192.
Form Number: 4970.
Abstract: Form 4970 is used by
beneficiary of domestic or foreign trust
to compute the tax adjustment
attributable to an accumulation
distribution. This form is used to verify
whether the correct tax has been paid on
the accumulation distribution.
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: Non Individuals.
Estimated Number of Respondents:
30,000.
Estimated Time Per Response: 1 hour,
4 minutes.
Estimated Total Annual Burden
Hours: 32,200.
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.
E:\FR\FM\19JNN1.SGM
19JNN1
]]>Agencies
[Federal Register Volume 71, Number 117 (Monday, June 19, 2006)]
[Notices]
[Page 35338]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-9535]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 1041-QFT
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 1041-Q, U.S. Income Tax Return for Qualified Funeral Trusts.
DATES: Written comments should be received on or before August 18, 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 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: U.S. Income Tax Return for Qualified Funeral Trusts.
OMB Number: 1545-1593.
Form Number: 1041-QFT.
Abstract: Internal Revenue Code section 685 allows the trustee of a
qualified Funeral trust to elect to report and pay the tax for the
trust. Form 1041-QFT is used for this purpose. The IRS uses the
information on the form to determine that the trustee filed the proper
return and paid the correct tax.
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.
Estimated Number of Respondents: 15,000.
Estimated Time Per Respondent: 18 hours, 6 minutes.
Estimated Total Annual Burden Hours: 270,150.
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: June 9, 2006.
Glenn Kirkland,
IRS Reports Clearance Office.
[FR Doc. E6-9535 Filed 6-16-06; 8:45 am]
BILLING CODE 4830-01-P
