Proposed Collection; Comment Request for Form 8716, 3482 [E7-1037]
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3482
Federal Register / Vol. 72, No. 16 / Thursday, January 25, 2007 / Notices
2VI (U.S. Virgin Islands Wage and Tax
Statement), W–3 (Transmittal of Wage
and Tax Statements), W–3c (Transmittal
of Corrected Wage and Tax Statements),
W–3PR (Informe de Comprobantes de
Retencion), W–3cPR (Transmission de
Comprobantes de Retencion
Corregidos), and W–3SS (transmittal of
Wage and Tax Staements).
OMB Number: 1545–0008.
Form Number: Forms W–2, W–2c, W–
2AS, W–2GU, W–2VI, W–3, W–3c, W–
3cPR, W–3PR, and W–3SS.
Abstract: Employers report income
and withholding information on Form
W–2. Forms W–2AS, W–2GU and W–
2VI are variations of Form W–2 for use
in U.S. possessions. The Form W–3
series is used to transmit W–2 series
forms to the Social Security
Administration. Forms W–2c, W–3c and
W–3cPR are used to correct previously
filed Forms W–2, W–3, and W–3PR.
Individuals use Form W–2 to prepare
their income tax returns.
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: Business or other forprofit organizations and individuals, or
households, not-for-profit institutions,
farms, and Federal, state local or tribal
governments.
Estimated Number of Respondents:
253,007,121.
Estimated Time Per Response: varies.
Estimated Total Annual Burden
Hours: 1.
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
VerDate Aug<31>2005
14:58 Jan 24, 2007
Jkt 211001
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: December 11, 2006.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E7–1036 Filed 1–24–07; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 8716
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
8716, Election To Have a Tax Year
Other Than a Required Tax Year.
DATES: Written comments should be
received on or before March 26, 2007 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: Election To Have a Tax Year
Other Than a Required Tax Year.
OMB Number: 1545–1036.
Form Number: Form 8716.
Abstract: Form 8716 is filed by
partnerships S corporations, S
corporations, and personal service
corporations under Internal Revenue
Code section 444(a) to elect to retain or
PO 00000
Frm 00100
Fmt 4703
Sfmt 4703
to adopt a tax year that is not a required
tax year. The form provides IRS with
information to determine that the
section 444(a) election is properly made
and identifies the tax year to be
retained, changed, or adopted.
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: Business or other forprofit organizations and farms.
Estimated Number of Respondents:
40,000.
Estimated Time Per Respondent: 3
hours, 26 minutes.
Estimated Total Annual Burden
Hours: 204,400.
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: December 8, 2006.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E7–1037 Filed 1–24–07; 8:45 am]
BILLING CODE 4830–01–P
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25JAN1
]]>Agencies
[Federal Register Volume 72, Number 16 (Thursday, January 25, 2007)]
[Notices]
[Page 3482]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-1037]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 8716
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 8716, Election To Have a Tax Year Other Than a Required Tax Year.
DATES: Written comments should be received on or before March 26, 2007
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: Election To Have a Tax Year Other Than a Required Tax Year.
OMB Number: 1545-1036.
Form Number: Form 8716.
Abstract: Form 8716 is filed by partnerships S corporations, S
corporations, and personal service corporations under Internal Revenue
Code section 444(a) to elect to retain or to adopt a tax year that is
not a required tax year. The form provides IRS with information to
determine that the section 444(a) election is properly made and
identifies the tax year to be retained, changed, or adopted.
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: Business or other for-profit organizations and
farms.
Estimated Number of Respondents: 40,000.
Estimated Time Per Respondent: 3 hours, 26 minutes.
Estimated Total Annual Burden Hours: 204,400.
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: December 8, 2006.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E7-1037 Filed 1-24-07; 8:45 am]
BILLING CODE 4830-01-P
