Proposed Collection; Comment Request for Regulation Project, 20012 [E7-7473]
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20012
Federal Register / Vol. 72, No. 76 / Friday, April 20, 2007 / Notices
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG–115393–98]
Proposed Collection; Comment
Request for Regulation Project
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 an existing final
regulation, REG–115393–98 (TD 8816),
Roth IRAs (§§ 1.408A–2, 1.408A–4,
1.408A–5 and 1.408A–7).
DATES: Written comments should be
received on or before June 19, 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 regulations should be
directed to Allan Hopkins at Internal
Revenue Service, room 6516, 1111
Constitution Avenue NW., Washington,
DC 20224, or at (202) 622–6665, or
through the internet at
Allan.M.Hopkins@irs.gov.
sroberts on PROD1PC70 with NOTICES
SUPPLEMENTARY INFORMATION:
Title: Roth IRAs.
OMB Number: 1545–1616.
Regulation Project Numbers: REG–
115393–98.
Abstract: The regulations provide
guidance on establishing Roth IRAs,
contributions to Roth IRAs, converting
amounts to Roth IRAs, recharacterizing
IRA contributions, Roth IRA
distributions and Roth IRA reporting
requirements.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of OMB
approval.
Affected Public: Individuals or
households, business or other for-profit
and not-for-profit organizations.
Estimated Number of Respondents:
3,150,000.
Estimated Time Per Respondent: 1
minute for designating an IRA as a Roth
VerDate Aug<31>2005
18:52 Apr 19, 2007
Jkt 211001
IRA. 30 minutes for recharacterizing an
IRA contribution.
Estimated Total Annual Burden
Hours: 125,000.
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 19, 2007.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E7–7473 Filed 4–19–07; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Revenue Procedure 2007–
XX
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
PO 00000
Frm 00137
Fmt 4703
Sfmt 4703
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
Revenue Procedure 2007–XX, Section
6707/6707A Accelerated Appeals
Procedure.
Written comments should be
received on or before June 19, 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 revenue procedure should be
directed to Allan Hopkins, at (202) 622–
6665, or at Internal Revenue Service,
room 6516, 1111 Constitution Avenue,
NW., Washington, DC 20224, or through
the internet, at
Allan.M.Hopkins@irs.gov.
DATES:
SUPPLEMENTARY INFORMATION:
Title: Section 6707–6707A
Accelerated Appeals Procedure.
OMB Number: 1545–XXXX.
Revenue Procedure Number: Revenue
Procedure 2007–XX.
Abstract: The collection of
information this revenue procedure
requires is necessary to administer the
provisions of section 6707(c) and
6707A(d) and to conduct Appeals
procedures for those provisions.
Current Actions: There are no changes
being made to the revenue procedure at
this time.
Type of Review: This is a new
collection.
Affected Public: Individuals or
households.
Estimated Number of Respondents:
860.
Estimated Average Time Per
Respondent: 30 min.
Estimated Total Annual Burden
Hours: 430.
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
E:\FR\FM\20APN1.SGM
20APN1
]]>Agencies
[Federal Register Volume 72, Number 76 (Friday, April 20, 2007)]
[Notices]
[Page 20012]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-7473]
[[Page 20012]]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG-115393-98]
Proposed Collection; Comment Request for Regulation Project
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 an existing
final regulation, REG-115393-98 (TD 8816), Roth IRAs (Sec. Sec.
1.408A-2, 1.408A-4, 1.408A-5 and 1.408A-7).
DATES: Written comments should be received on or before June 19, 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 regulations should be directed to Allan Hopkins at
Internal Revenue Service, room 6516, 1111 Constitution Avenue NW.,
Washington, DC 20224, or at (202) 622-6665, or through the internet at
Allan.M.Hopkins@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Roth IRAs.
OMB Number: 1545-1616.
Regulation Project Numbers: REG-115393-98.
Abstract: The regulations provide guidance on establishing Roth
IRAs, contributions to Roth IRAs, converting amounts to Roth IRAs,
recharacterizing IRA contributions, Roth IRA distributions and Roth IRA
reporting requirements.
Current Actions: There is no change to this existing regulation.
Type of Review: Extension of OMB approval.
Affected Public: Individuals or households, business or other for-
profit and not-for-profit organizations.
Estimated Number of Respondents: 3,150,000.
Estimated Time Per Respondent: 1 minute for designating an IRA as a
Roth IRA. 30 minutes for recharacterizing an IRA contribution.
Estimated Total Annual Burden Hours: 125,000.
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 19, 2007.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E7-7473 Filed 4-19-07; 8:45 am]
BILLING CODE 4830-01-P
