Proposed Collection; Comment Request for Form 982, 22804-22805 [E9-11216]

Download as PDF pwalker on PROD1PC71 with NOTICES 22804 Federal Register / Vol. 74, No. 92 / Thursday, May 14, 2009 / Notices Title: Application for Issue of United States Mortgage Guaranty Insurance Company Tax and Loss Bonds. Forms: PDF 3871. Description: Submitted by companies engaged in the business of writing mortgage guaranty insurance for purpose of purchasing ‘‘Tax and Loss’’ bonds. Respondents: Businesses or other forprofits. Estimated Total Burden Hours: 8 hours. OMB Number: 1535–0032. Type of Review: Extension. Title: Application for disposition of Retirement Plan/Individual Retirement Bonds Without Admin. of Deceased Owners Estate. Forms: PDF 3565. Description: Used by heirs of deceased owners of Retirement Plan/ Indiv. Retirement Bonds to request disposition. Respondents: Individuals or Households. Estimated Total Burden Hours: 17 hours. OMB Number: 1535–0012. Type of Review: Extension. Title: Request by Fiduciary for Reissue of United States Savings Bonds. Forms: PDF 1455. Description: Used by fiduciary to request distribution of U.S. Savings Bonds to the person(s) entitled. Respondents: Individuals or Households. Estimated Total Burden Hours: 8,850 hours. OMB Number: 1535–0102. Type of Review: Extension. Title: Supporting Statement of Ownership for Overdue United States Bearer Securities. Forms: PDF 1071. Description: Used to establish ownership and support a request for payment. Respondents: Individuals or Households. Estimated Total Burden Hours: 250 hours. Clearance Officer: Judi Owens (304) 480–8150, Bureau of the Public Debt, 200 Third Street, Parkersburg, West Virginia 26106. OMB Reviewer: Shagufta Ahmed (202) 395–7873, Office of Management and Budget, Room 10235, New Executive Office Building, Washington, DC 20503. Celina Elphage, Treasury PRA Clearance Officer. [FR Doc. E9–11208 Filed 5–13–09; 8:45 am] BILLING CODE 4810–39–P VerDate Nov<24>2008 17:37 May 13, 2009 Jkt 217001 DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 4136. 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 4136, Credit for Federal Tax Paid on Fuels. DATES: Written comments should be received on or before July 13, 2009 to be assured of consideration. ADDRESSES: Direct all written comments to R. Joseph Durbala, 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 Carolyn N. Brown at Internal Revenue Service, room 6129, 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: Credit for Federal Tax Paid on Fuels. OMB Number: 1545–0162. Form Number: 4136. Abstract: Internal Revenue Code section 34 allows a credit for Federal excise tax for certain fuel uses. Form 4136 is used to figure the amount of income tax credit. The data is used by IRS to verify the validity of the claim for the type of nontaxable or exempt use. Current Actions: Form 4136 was revised due to Legislation or Chief Counsel Guidance, which was required by Public Law 110–289. This revision also resulted in an addition of 1 code reference and 14 line items, increasing burden hours to 4,618,145. Type of Review: Revision of a currently approved collection. Affected Public: Business or other forprofit organizations, and individuals or households. Estimated Number of Responses: 2,441,858. PO 00000 Frm 00079 Fmt 4703 Sfmt 4703 Estimated Time per Response: 1 hr.,53 min. Estimated Total Annual Burden Hours: 4,618,145. 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 1, 2009. R. Joseph Durbala, IRS Reports Clearance Office. [FR Doc. E9–11215 Filed 5–13–09; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 982 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 E:\FR\FM\14MYN1.SGM 14MYN1 Federal Register / Vol. 74, No. 92 / Thursday, May 14, 2009 / Notices 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 982, Reduction of Tax Attributes Due to Discharge of Indebtedness (and Section 1082 Basis Adjustment). DATES: Written comments should be received on or before July 13, 2009 to be assured of consideration. ADDRESSES: Direct all written comments to R. Joseph Durbala, 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 Carolyn N. Brown, (202) 622–6688, Internal Revenue Service, room 6129, 1111 Constitution Avenue, NW., Washington, DC 20224, or through the Internet at Carolyn.N.Brown@irs.gov. pwalker on PROD1PC71 with NOTICES SUPPLEMENTARY INFORMATION: Title: Reduction of Tax Attributes Due to Discharge of Indebtedness (and Section 1082 Basis Adjustment). OMB Number: 1545–0046. Form Number: 982. Abstract: Internal Revenue Code section 108 allows taxpayers to exclude from gross income amounts attributable to discharge of indebtedness in title 11 cases, insolvency, or a qualified farm indebtedness. Code section 1081(b) allows corporations to exclude from gross income amounts attributable to certain transfers of property. The data is used to verify adjustments to basis of property and reduction of tax attributes. Current Actions: Form 982 was revised due to qualified individuals of the Midwestern disasters (Pub. L. 110– 343). This revision resulted in an additional 4 code references and 2 line items. Type of Review: Revision of a currently approved collection. Affected Public: Businesses or other for-profit organizations, individuals or households, farms, Federal government and state, local or tribal government. Estimated Number of Responses: 667. Estimated Time per Response: 12 hrs., 2 min. Estimated Total Annual Burden Hours: 8,031. 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 VerDate Nov<24>2008 17:37 May 13, 2009 Jkt 217001 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 28, 2009. R. Joseph Durbala, IRS Reports Clearance Officer. [FR Doc. E9–11216 Filed 5–13–09; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 851 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 851, Affiliations Schedule. DATES: Written comments should be received on or before July 13, 2009 to be assured of consideration. ADDRESSES: Direct all written comments to R. Joseph Durbala, Internal Revenue Service, room 6129, 1111 Constitution Avenue, NW., Washington, DC 20224. PO 00000 Frm 00080 Fmt 4703 Sfmt 4703 22805 FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the form and instructions should be directed to Carolyn N. Brown, (202) 622–6688, Internal Revenue Service, room 6129, 1111 Constitution Avenue, NW., Washington, DC 20224, or through the Internet at Carolyn.N.Brown@irs.gov. SUPPLEMENTARY INFORMATION: Title: Affiliations Schedule. OMB Number: 1545–0025. Form Number: 851. Abstract: Form 851 is filed by the parent corporation for an affiliated group of corporations that files a consolidated return (Form 1120). Form 851 provides IRS with information on the names and identification numbers of the members of the affiliated group, the taxes paid by each member of the group, and stock ownership, changes in stock ownership and other information to determine that each corporation is a qualified member of the affiliated group as defined in Internal Revenue Code section 1504. Current Actions: There are no changes being made to Form 851 at this time. Type of Review: Extension of a currently approved collection. Affected Public: Businesses or other for-profit organizations and farms. Estimated Number of Responses: 4,000. Estimated Time per Response: 12 hrs., 46 min. Estimated Total Annual Burden Hours: 51,040. 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 E:\FR\FM\14MYN1.SGM 14MYN1

Agencies

[Federal Register Volume 74, Number 92 (Thursday, May 14, 2009)]
[Notices]
[Pages 22804-22805]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-11216]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 982

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

[[Page 22805]]

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 982, Reduction of Tax Attributes Due to 
Discharge of Indebtedness (and Section 1082 Basis Adjustment).

DATES: Written comments should be received on or before July 13, 2009 
to be assured of consideration.

ADDRESSES: Direct all written comments to R. Joseph Durbala, 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 Carolyn N. 
Brown, (202) 622-6688, Internal Revenue Service, room 6129, 1111 
Constitution Avenue, NW., Washington, DC 20224, or through the Internet 
at Carolyn.N.Brown@irs.gov.

SUPPLEMENTARY INFORMATION: 
    Title: Reduction of Tax Attributes Due to Discharge of Indebtedness 
(and Section 1082 Basis Adjustment).
    OMB Number: 1545-0046.
    Form Number: 982.
    Abstract: Internal Revenue Code section 108 allows taxpayers to 
exclude from gross income amounts attributable to discharge of 
indebtedness in title 11 cases, insolvency, or a qualified farm 
indebtedness. Code section 1081(b) allows corporations to exclude from 
gross income amounts attributable to certain transfers of property. The 
data is used to verify adjustments to basis of property and reduction 
of tax attributes.
    Current Actions: Form 982 was revised due to qualified individuals 
of the Midwestern disasters (Pub. L. 110-343). This revision resulted 
in an additional 4 code references and 2 line items.
    Type of Review: Revision of a currently approved collection.
    Affected Public: Businesses or other for-profit organizations, 
individuals or households, farms, Federal government and state, local 
or tribal government.
    Estimated Number of Responses: 667.
    Estimated Time per Response: 12 hrs., 2 min.
    Estimated Total Annual Burden Hours: 8,031.
    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 28, 2009.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E9-11216 Filed 5-13-09; 8:45 am]
BILLING CODE 4830-01-P
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