Proposed Collection; Comment Request for Form 8894, 64012 [E8-25631]
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ebenthall on PROD1PC60 with NOTICES
64012
Federal Register / Vol. 73, No. 209 / Tuesday, October 28, 2008 / Notices
622–3634, Internal Revenue Service,
room 6516, 1111 Constitution Avenue,
NW., Washington, DC 20224 or through
the internet (RJoseph.Durbala@irs.gov).
SUPPLEMENTARY INFORMATION:
Title: Cooperative Housing
Corporations.
OMB Number: 1545–1041.
Regulation Project Number: PS–102–
86 Final.
Abstract: Section 1.216–1(d)(2) of this
regulation allows cooperative housing
corporations to make an election
whereby the amounts of mortgage
interest and/or real estate taxes
allocated to tenant-stockholders of the
corporation will be based on a
reasonable estimate of the actual costs
attributable to each tenant-stockholders
based on the number of shares held in
the corporation.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals or
households, and business or other forprofit organizations.
Estimated Number of Respondents:
2,500.
Estimated Time per Respondent: 15
minutes.
Estimated Total Annual Burden
Hours: 625.
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
VerDate Aug<31>2005
15:28 Oct 27, 2008
Jkt 217001
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: October 17, 2008.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E8–25603 Filed 10–27–08; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 8894
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
8894, Request to Revoke Partnership
Level Tax Treatment Election.
DATES: Written comments should be
received on or before December 29, 2008
to be assured of consideration.
ADDRESSES: Direct all written comments
to Glenn P. Kirkland, Internal Revenue
Service, room 6129, 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,
(202) 622–3634, at Internal Revenue
Service, room 6129, 1111 Constitution
Avenue, NW., Washington, DC 20224,
or through the Internet at
RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Request to Revoke Partnership
Level Tax Treatment Election.
OMB Number: 1545–1955.
Form Number: 8894.
Abstract: IRC section 6231(a)(1)(B)(ii)
allows small partnerships to elect to be
treated under the unified audit and
litigation procedures. This election can
only be revoked with the consent of the
IRS. Form 8894 will provide a
standardize format for small partnership
to request this revocation and for the
IRS to process it.
PO 00000
Frm 00071
Fmt 4703
Sfmt 4703
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:
100.
Estimated Time Per Respondent: 1
hour, 52 minutes.
Estimated Total Annual Burden
Hours: 186.
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: October 17, 2008.
R. Joseph Durbala,
Acting, IRS Reports Clearance Officer.
[FR Doc. E8–25631 Filed 10–27–08; 8:45 am]
BILLING CODE 4830–01–P
E:\FR\FM\28OCN1.SGM
28OCN1
]]>Agencies
[Federal Register Volume 73, Number 209 (Tuesday, October 28, 2008)]
[Notices]
[Page 64012]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-25631]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 8894
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 8894, Request to Revoke Partnership Level Tax Treatment Election.
DATES: Written comments should be received on or before December 29,
2008 to be assured of consideration.
ADDRESSES: Direct all written comments to Glenn P. Kirkland, Internal
Revenue Service, room 6129, 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, (202) 622-3634, at Internal Revenue Service, room 6129, 1111
Constitution Avenue, NW., Washington, DC 20224, or through the Internet
at RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Request to Revoke Partnership Level Tax Treatment Election.
OMB Number: 1545-1955.
Form Number: 8894.
Abstract: IRC section 6231(a)(1)(B)(ii) allows small partnerships
to elect to be treated under the unified audit and litigation
procedures. This election can only be revoked with the consent of the
IRS. Form 8894 will provide a standardize format for small partnership
to request this revocation and for the IRS to process it.
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: 100.
Estimated Time Per Respondent: 1 hour, 52 minutes.
Estimated Total Annual Burden Hours: 186.
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: October 17, 2008.
R. Joseph Durbala,
Acting, IRS Reports Clearance Officer.
[FR Doc. E8-25631 Filed 10-27-08; 8:45 am]
BILLING CODE 4830-01-P
