Proposed Collection; Comment Request for Form 8857, 13159 [E7-4964]
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Federal Register / Vol. 72, No. 53 / Tuesday, March 20, 2007 / Notices
Constitution Avenue, NW., Washington,
DC 20224, or through the Internet, at
Carolyn.N.Brown@irs.gov.
pwalker on PROD1PC71 with NOTICES
SUPPLEMENTARY INFORMATION:
Title: Reconciliation of Cost of Goods
Sold Reported on Schedule M–3.
OMB Number: 1545–2061.
Form Number: Form 8916–A.
Abstract: Form 8916–A is a detailed
schedule that reconciles the amount of
the cost of goods sold reported on
Schedule M–3 for the Form 1120, Form
1065, or Form 1120–S.
Current Actions: There are no changes
being made to Form 8916–A at this
time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
156,000.
Estimated Time per Respondent: 22
hours, 10 minutes.
Estimated Total Annual Burden
Hours: 3,456,960.
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.
VerDate Aug<31>2005
15:08 Mar 19, 2007
Jkt 211001
Approved: March 12, 2007.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E7–4963 Filed 3–19–07; 8:45 am]
BILLING CODE 4830–01–P
13159
erroneous item attributable to the
spouse.
Current Actions: There were 63 lines,
3 pages, and 9,803 words added to the
form, due to major changes during
revision.
DEPARTMENT OF THE TREASURY
Type of Review: Extension of a
currently approved collection.
Internal Revenue Service
Affected Public: Individuals or
households.
Proposed Collection; Comment
Request for Form 8857
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
8857, Request for Innocent Spouse
Relief.
Written comments should be
received on or before May 21, 2007 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 the form and instructions
should be directed to Carolyn N. Brown
at Internal Revenue Service, room 6516,
1111 Constitution Avenue, NW.,
Washington, DC 20224, or at (202) 622–
6688, or through the Internet at
Carolyn.N.Brown@irs.gov.
DATES:
SUPPLEMENTARY INFORMATION:
Title: Request for Innocent Spouse
Relief.
OMB Number: 1545–1596.
Form Number: 8857.
Abstract: Section 6013(e) of the
Internal Revenue Code allows taxpayers
to request, and IRS to grant, ‘‘innocent
spouse’’ relief when: the taxpayer files
a joint return with tax substantially
understated; the taxpayer establishes no
knowledge of, or benefit from, the
understatement; and it would be
inequitable to hold the taxpayer liable.
Form 8857 is used to request relief from
liability of an understatement of tax on
a joint return resulting from a grossly
PO 00000
Frm 00082
Fmt 4703
Sfmt 4703
Estimated Number of Respondents:
50,000.
Estimated Time Per Respondent: 4
hours, 10 minutes.
Estimated Total Annual Burden
Hours: 208,500.
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: March 12, 2007.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E7–4964 Filed 3–19–07; 8:45 am]
BILLING CODE 4830–01–P
E:\FR\FM\20MRN1.SGM
20MRN1
]]>Agencies
[Federal Register Volume 72, Number 53 (Tuesday, March 20, 2007)]
[Notices]
[Page 13159]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-4964]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 8857
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 8857, Request for Innocent Spouse Relief.
DATES: Written comments should be received on or before May 21, 2007 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 the form and instructions should be directed to Carolyn N.
Brown at Internal Revenue Service, room 6516, 1111 Constitution Avenue,
NW., Washington, DC 20224, or at (202) 622-6688, or through the
Internet at Carolyn.N.Brown@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Request for Innocent Spouse Relief.
OMB Number: 1545-1596.
Form Number: 8857.
Abstract: Section 6013(e) of the Internal Revenue Code allows
taxpayers to request, and IRS to grant, ``innocent spouse'' relief
when: the taxpayer files a joint return with tax substantially
understated; the taxpayer establishes no knowledge of, or benefit from,
the understatement; and it would be inequitable to hold the taxpayer
liable. Form 8857 is used to request relief from liability of an
understatement of tax on a joint return resulting from a grossly
erroneous item attributable to the spouse.
Current Actions: There were 63 lines, 3 pages, and 9,803 words
added to the form, due to major changes during revision.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals or households.
Estimated Number of Respondents: 50,000.
Estimated Time Per Respondent: 4 hours, 10 minutes.
Estimated Total Annual Burden Hours: 208,500.
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: March 12, 2007.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E7-4964 Filed 3-19-07; 8:45 am]
BILLING CODE 4830-01-P
