Proposed Collection; Comment Request for Form 709, 30919 [E7-10653]
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Federal Register / Vol. 72, No. 106 / Monday, June 4, 2007 / Notices
8817, Allocation of Patronage and
Nonpatronage Income and Deductions.
DATES: Written comments should be
received on or before August 3, 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 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
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SUPPLEMENTARY INFORMATION:
Title: Allocation of Patronage and
Nonpatronage Income and Deductions.
OMB Number: 1545–1135.
Form Number: 8817.
Abstract: Form 8817 is filed by
taxable farmers cooperatives to report
their income and deductions by
patronage and nonpatronage sources.
The IRS uses the information on the
form to ascertain whether the amounts
of patronage and nonpatronage income
or loss were properly computed.
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:
1,650.
Estimated Time Per Respondent: 13
hours, 20 minutes.
Estimated Total Annual Burden
Hours: 22,006.
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
VerDate Aug<31>2005
20:34 Jun 01, 2007
Jkt 211001
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: May 25, 2007.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E7–10652 Filed 6–1–07; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 709
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
709, United States Gift (and GenerationSkipping Transfer) Tax Return.
DATES: Written comments should be
received on or before August 3, 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 copies of the
form and instructions should be
directed to Allan Hopkins, (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.
SUPPLEMENTARY INFORMATION:
Title: United States Gift (and
Generation-Skipping Transfer) Tax
Return.
PO 00000
Frm 00177
Fmt 4703
Sfmt 4703
30919
OMB Number: 1545–0020.
Form Number: 709.
Abstract: Form 709 is used by
individuals to report transfers subject to
the gift and generation-skipping transfer
taxes and to compute these taxes. The
IRS uses the information to collect and
enforce these taxes, to verify that the
taxes are properly computed, and to
compute the tax base for the estate tax.
Current Actions: There are no changes
being made to Form 709 at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals or
households.
Estimated Number of Respondents:
278,500.
Estimated Time per Respondent: 5
hours, 47 minutes.
Estimated Total Annual Burden
Hours: 1,609,730.
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: May 25, 2007
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E7–10653 Filed 6–1–07; 8:45 am]
BILLING CODE 4830–01–P
E:\FR\FM\04JNN1.SGM
04JNN1
Agencies
[Federal Register Volume 72, Number 106 (Monday, June 4, 2007)]
[Notices]
[Page 30919]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-10653]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 709
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 709, United States Gift (and Generation-Skipping Transfer) Tax
Return.
DATES: Written comments should be received on or before August 3, 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 copies of the
form and instructions should be directed to Allan Hopkins, (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.
SUPPLEMENTARY INFORMATION:
Title: United States Gift (and Generation-Skipping Transfer) Tax
Return.
OMB Number: 1545-0020.
Form Number: 709.
Abstract: Form 709 is used by individuals to report transfers
subject to the gift and generation-skipping transfer taxes and to
compute these taxes. The IRS uses the information to collect and
enforce these taxes, to verify that the taxes are properly computed,
and to compute the tax base for the estate tax.
Current Actions: There are no changes being made to Form 709 at
this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals or households.
Estimated Number of Respondents: 278,500.
Estimated Time per Respondent: 5 hours, 47 minutes.
Estimated Total Annual Burden Hours: 1,609,730.
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: May 25, 2007
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E7-10653 Filed 6-1-07; 8:45 am]
BILLING CODE 4830-01-P