Proposed Collection; Comment Request for Form 4562, 19769 [E7-7406]
Download as PDF
<![CDATA[
cprice-sewell on PROD1PC66 with NOTICES
Federal Register / Vol. 72, No. 75 / Thursday, April 19, 2007 / Notices
Form Number: 8879–B.
Abstract: A general partner or a
limited liability company member
manager (LLC member manager) and an
electronic return originator (ERO) use
Form 8879–B when the general partner
or LLC member manager wants to use a
personal identification number (PIN) to
electronically sign an electing large
partnership’s electronic income tax
return, and, if applicable, consent to an
electronic funds withdrawal.
Current Actions: There is no change
in the paperwork burden previously
approved by OMB. This form is being
submitted for renewal purposes only.
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses and other
for-profit organizations.
Estimated Number of Respondents:
60.
Estimated Time Per Respondent: 4
hours 17 minutes.
Estimated Total Annual Burden
Hours: 258.
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
15:39 Apr 18, 2007
Jkt 211001
Approved: April 11, 2007.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E7–7402 Filed 4–18–07; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 4562
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
4562, Depreciation and Amortization
(Including Information on Listed
Property).
DATES: Written comments should be
received on or before June 18, 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 R. Joseph Durbala
at Internal Revenue Service, room 6516,
1111 Constitution Avenue, NW.,
Washington, DC 20224, or at (202) 622–
3634, or through the Internet at
RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Depreciation and Amortization
(Including Information on Listed
Property).
OMB Number: 1545–0172.
Form Number: Form 4562.
Abstract: Form 4562 is used to claim
a deduction for depreciation and
amortization; to make the election to
expense certain tangible property under
Internal Revenue Code section 179; and
to provide information on the business/
investment use of automobiles and other
listed property. The form provides the
IRS with the information necessary to
determine that the correct depreciation
deduction is being claimed.
Current Actions: There are no changes
being made to Form 4562 at this time.
PO 00000
Frm 00091
Fmt 4703
Sfmt 4703
19769
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations, farms, and
individuals.
Estimated Number of Respondents:
4,800,000.
Estimated Time Per Respondent: 45
hours, 11 minutes.
Estimated Total Annual Burden
Hours: 217,399,275.
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: April 10, 2007.
Glenn P. Kirkland,
Reports Clearance Officer.
[FR Doc. E7–7406 Filed 4–18–07; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Open Meeting of the Taxpayer
Advocacy Panel Earned Income Tax
Credit Issue Committee
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice.
AGENCY:
E:\FR\FM\19APN1.SGM
19APN1
]]>Agencies
[Federal Register Volume 72, Number 75 (Thursday, April 19, 2007)]
[Notices]
[Page 19769]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-7406]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 4562
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 4562, Depreciation and Amortization (Including Information on
Listed Property).
DATES: Written comments should be received on or before June 18, 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 R. Joseph
Durbala at Internal Revenue Service, room 6516, 1111 Constitution
Avenue, NW., Washington, DC 20224, or at (202) 622-3634, or through the
Internet at RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Depreciation and Amortization (Including Information on
Listed Property).
OMB Number: 1545-0172.
Form Number: Form 4562.
Abstract: Form 4562 is used to claim a deduction for depreciation
and amortization; to make the election to expense certain tangible
property under Internal Revenue Code section 179; and to provide
information on the business/investment use of automobiles and other
listed property. The form provides the IRS with the information
necessary to determine that the correct depreciation deduction is being
claimed.
Current Actions: There are no changes being made to Form 4562 at
this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations, farms,
and individuals.
Estimated Number of Respondents: 4,800,000.
Estimated Time Per Respondent: 45 hours, 11 minutes.
Estimated Total Annual Burden Hours: 217,399,275.
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: April 10, 2007.
Glenn P. Kirkland,
Reports Clearance Officer.
[FR Doc. E7-7406 Filed 4-18-07; 8:45 am]
BILLING CODE 4830-01-P
