Proposed Collection; Comment Request for Form 1120-W, 34638-34639 [E9-16880]

Download as PDF 34638 Federal Register / Vol. 74, No. 135 / Thursday, July 16, 2009 / Notices 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: July 8, 2009. R. Joseph Durbala, IRS Reports Clearance Officer. [FR Doc. E9–16883 Filed 7–15–09; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 6198 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 6198, At-Risk Limitations. DATES: Written comments should be received on or before September 14, 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 Dawn Bidne, at (202) 622–3933, or at Internal Revenue Service, Room 6129, 1111 Constitution Avenue, NW., Washington, DC 20224, or through the Internet at Dawn.E.Bidne@irs.gov. erowe on DSK5CLS3C1PROD with NOTICES SUPPLEMENTARY INFORMATION: Title: At-Risk Limitations. OMB Number: 1545–0712. Form Number: Form 6198. Abstract: Internal Revenue Code section 465 requires taxpayers to limit their at-risk loss to the lesser of the loss or their amount at risk. Form 6198 is used by taxpayers to determine their VerDate Nov<24>2008 15:08 Jul 15, 2009 Jkt 217001 deductible loss and by IRS to verify the amount deducted. Current Actions: There are no changes being made to the form at this time. However, there is a change in burden. Previously the burden of this collection was 914,419 hours however, after analyzing the previous burden computation and finding an error, the burden computation has been reevaluated, resulting in a total burden of 753,186 hours. Type of Review: Revision of a currently approved collection. Affected Public: Business or other forprofit organizations, and individuals, not-for-profit institutions, and farms. Estimated Number of Respondents: 230,332. Estimated Time per Respondent: 3 hrs. 16 min. Estimated Total Annual Burden Hours: 753,186. 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: July 9, 2009. R. Joseph Durbala, IRS Reports Clearance Officer. [FR Doc. E9–16884 Filed 7–15–09; 8:45 am] BILLING CODE 4830–01–P PO 00000 Frm 00090 Fmt 4703 Sfmt 4703 DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 1120–W 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 1120–W, Estimated Tax for Corporations. DATES: Written comments should be received on or before September 14, 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 Allan Hopkins at Internal Revenue Service, (202) 622– 6665, Room 6129, 1111 Constitution Avenue, NW., Washington, DC 20224, or through the Internet at Allan.M.Hopkins@irs.gov. SUPPLEMENTARY INFORMATION: Title: Estimated Tax for Corporations. OMB Number: 1545–0975. Form Number: 1120–W. Abstract: Under section 6655 of the Internal Revenue Code, a corporation with an income tax liability of $500 or more must make four required installments of estimated tax during the tax year or be subject to a penalty for failure to pay estimated income tax. Form 1120–W is used by corporations to compute their estimated income tax and the amount of each required installment. 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. Estimated Number of Respondents: 900,000. Estimated Time per Respondent: 14 hrs., 16 min. Estimated Total Annual Burden Hours: 12,831,766. E:\FR\FM\16JYN1.SGM 16JYN1 Federal Register / Vol. 74, No. 135 / Thursday, July 16, 2009 / Notices 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: July 9, 2009. R. Joseph Durbala, IRS Reports Clearance Officer. [FR Doc. E9–16880 Filed 7–15–09; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Office of Foreign Assets Control Designation of One Individual and One Entity Pursuant to Executive Order 13438 erowe on DSK5CLS3C1PROD with NOTICES AGENCY: Office of Foreign Assets Control, Treasury. ACTION: Notice. SUMMARY: The Treasury Department’s Office of Foreign Assets Control (‘‘OFAC’’) is publishing the names of one newly designated entity and one newly designated individual whose property and interests in property are blocked pursuant to Executive Order 13438 of July 17, 2007, ‘‘Blocking Property of Certain Persons Who Threaten Stabilization Efforts in Iraq.’’ VerDate Nov<24>2008 15:08 Jul 15, 2009 Jkt 217001 DATES: The designation by the Secretary of the Treasury of the entity and individual identified in this notice pursuant to Executive Order 13438 is effective on July 02, 2009. FOR FURTHER INFORMATION CONTACT: Assistant Director, Compliance Outreach & Implementation, Office of Foreign Assets Control, Department of the Treasury, Washington, DC 20220, tel.: 202/622–2490. SUPPLEMENTARY INFORMATION: Electronic and Facsimile Availability This document and additional information concerning OFAC are available from OFAC’s Web site (https:// www.treas.gov/ofac) or via facsimile through a 24-hour fax-on-demand service, tel.: 202/622–0077. Background On July 17, 2007, the President issued Executive Order 13438 (the ‘‘Order’’) pursuant to the International Emergency Economic Powers Act, 50 U.S.C. 1701 et seq., the National Emergencies Act, 50 U.S.C. 1601 et seq., and section 301 of title 3, United States Code. In the Order, the President declared a national emergency to address the threat to the national security and foreign policy of the United States posed by acts of violence threatening the peace and stability of Iraq and undermining efforts to promote economic reconstruction and political reform in Iraq and to provide humanitarian assistance to the Iraqi people. Section 1 of the Order blocks, with certain exceptions, all property and interests in property that are in the United States, that hereafter come within the United States, or that are or hereafter come within the possession or control of United States persons, including any overseas branch, of the following persons: Persons who are determined by the Secretary of the Treasury, in consultation with the Secretary of State and the Secretary of Defense, (1) To have committed, or to pose a significant risk of committing, an act or acts of violence that have the purpose or effect of threatening the peace or stability of Iraq or the Government of Iraq, or undermining efforts to promote economic reconstruction and political reform in Iraq or to provide humanitarian assistance to the Iraqi people; (2) to have materially assisted, sponsored, or provided financial, material, or technical support for, or goods or services in support of, such an act or acts of violence or any person whose property and interests in property are PO 00000 blocked pursuant to the Order; or (3) to be owned or controlled by, or to have acted or purported to act for or on behalf of, directly or indirectly, any person whose property and interests in property are blocked pursuant to the Order. On July 2, 2009, the Secretary of the Treasury, in consultation with the Secretary of State and the Secretary of Defense, designated, pursuant to one or more of the criteria set forth in the Order, one individual and one entity whose property and interests in property are blocked pursuant to Executive Order 13438. The list of designees is as follows: AL–MUHANDIS, ABU MAHDI (a.k.a. AL BASERI, Abu Mahdi; a.k.a. AL– BASARI, Abu Mahdi; a.k.a. AL–BASRI, Abu-Mahdi al-Mohandis; a.k.a. AL– IBRAHIMI, Jamal; a.k.a. AL–IBRAHIMI, Jamal Ja’afar Muhammad Ali; a.k.a. AL– IBRAHIMI, Jamal Ja’far; a.k.a. AL– MADAN, Abu Mahdi; a.k.a. AL– MOHANDAS, Abu-Mahdi; a.k.a. AL– MOHANDESS, Abu Mehdi; a.k.a. AL– MUHANDES, Abu Mahdi; a.k.a. AL– MUHANDIS, Abu Mahdi al-Basri; a.k.a. AL–MUHANDIS, Abu-Muhannad; a.k.a. BIHAJ, Jamal Ja’afar Ibrahim al-Mikna; a.k.a. EBRAHIMI, Jamal Jafaar Mohammed Ali; a.k.a. JAMAL, Ibrahimi; a.k.a. ‘‘AL–IBRAHIMI, Jamal Fa’far ’Ali’’; a.k.a. ‘‘AL–TAMIMI, Jamal alMadan’’; a.k.a. ‘‘JAAFAR, Jaafar Jamal’’; a.k.a. ‘‘MOHAMMED, Jamal Jaafar’’), Mehran, Iran; Al Fardoussi Street, Tehran, Iran; Al Maaqal, Al Basrah, Iraq; Velayat Faqih Base, Kenesht Mountain Pass, Northwest of Kermanshah, Iran; DOB 1953; POB Ma’ghal, Basrah, Iraq; citizen Iran; alt. citizen Iraq; nationality Iraq (individual) [IRAQ3] KATA’IB HIZBALLAH (a.k.a. HIZBALLAH BRIGADES; a.k.a. HIZBALLAH BRIGADES IN IRAQ; a.k.a. HIZBALLAH BRIGADES–IRAQ; a.k.a. KATA’IB HEZBOLLAH; a.k.a. KHATA’IB HEZBOLLAH; a.k.a. KHATA’IB HIZBALLAH; a.k.a. KHATTAB HEZBALLAH; a.k.a. ‘‘HIZBALLAH BRIGADES–IRAQ OF THE ISLAMIC RESISTANCE IN IRAQ’’; a.k.a. ‘‘ISLAMIC RESISTANCE IN IRAQ’’; a.k.a. ‘‘KATA’IB HIZBALLAH FI AL–IRAQ’’; a.k.a. ‘‘KATIBAT ABU FATHEL AL A’ABAS’’; a.k.a. ‘‘KATIBAT ZAYD EBIN ALI’’; a.k.a. ‘‘KATIBUT KARBALAH’’), Iraq; Najaf, Iraq [FTO] [SDGT] [IRAQ3] Dated: July 2, 2009. Adam J. Szubin, Director, Office of Foreign Assets Control. [FR Doc. E9–16877 Filed 7–15–09; 8:45 am] BILLING CODE 4811–45–P Frm 00091 Fmt 4703 Sfmt 4703 34639 E:\FR\FM\16JYN1.SGM 16JYN1

Agencies

[Federal Register Volume 74, Number 135 (Thursday, July 16, 2009)]
[Notices]
[Pages 34638-34639]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-16880]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 1120-W

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 1120-W, Estimated Tax for Corporations.

DATES: Written comments should be received on or before September 14, 
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 Allan Hopkins 
at Internal Revenue Service, (202) 622-6665, Room 6129, 1111 
Constitution Avenue, NW., Washington, DC 20224, or through the Internet 
at Allan.M.Hopkins@irs.gov.

SUPPLEMENTARY INFORMATION:
    Title: Estimated Tax for Corporations.
    OMB Number: 1545-0975.
    Form Number: 1120-W.
    Abstract: Under section 6655 of the Internal Revenue Code, a 
corporation with an income tax liability of $500 or more must make four 
required installments of estimated tax during the tax year or be 
subject to a penalty for failure to pay estimated income tax. Form 
1120-W is used by corporations to compute their estimated income tax 
and the amount of each required installment.
    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 for-profit organizations.
    Estimated Number of Respondents: 900,000.
    Estimated Time per Respondent: 14 hrs., 16 min.
    Estimated Total Annual Burden Hours: 12,831,766.

[[Page 34639]]

    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: July 9, 2009.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E9-16880 Filed 7-15-09; 8:45 am]
BILLING CODE 4830-01-P

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