Submission for OMB Review; Comment Request, 59030-59031 [E9-27446]
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59030
Federal Register / Vol. 74, No. 219 / Monday, November 16, 2009 / Notices
changes the effects of which might be
characterized as de minimis, it should
consult the agency before preparing and
submitting a petition to modify.
Authority: 49 U.S.C. 33106; delegation of
authority at 49 CFR 1.50.
Issued on: November 6, 2009.
Stephen R. Kratzke,
Associate Administrator for Rulemaking.
[FR Doc. E9–27360 Filed 11–13–09; 8:45 am]
BILLING CODE 4910–59–P
DEPARTMENT OF THE TREASURY
Submission for OMB Review;
Comment Request
November 10, 2009.
The Department of Treasury will
submit the following public information
collection requirement(s) to OMB for
review and clearance under the
Paperwork Reduction Act of 1995,
Public Law 104–13 on or after the date
of publication of this notice. Copies of
the submission(s) may be obtained by
calling the Treasury Bureau Clearance
Officer listed. Comments regarding this
information collection should be
addressed to the OMB reviewer listed
and to the Treasury Department
Clearance Officer, Department of the
Treasury, Room 11000, and 1750
Pennsylvania Avenue, NW.,
Washington, DC 20220.
Dates: Written comments should be
received on or before December 16, 2009
to be assured of consideration.
mstockstill on DSKH9S0YB1PROD with NOTICES
Internal Revenue Service (IRS)
OMB Number: 1545–1593.
Type of Review: Extension.
Title: U.S. Income Tax Return for
Qualified Funeral Trusts.
Form: 1041–QFT.
Description: IRC section 685 allows
the trustee of a qualified funeral trust to
elect to report and pay the tax for the
trust. Data is used to determine that the
trustee filed the proper return and paid
the correct tax.
Respondents: Businesses or other forprofits.
Estimated Total Burden Hours:
270,150 hours.
OMB Number: 1545–0130.
Type of Review: Revision.
Title: U.S. Income Tax Return for an
S Corporation.
Form: 1120S, Schedule D (Form
1120S), Schedule K–1 (Form 1120S),
and Schedule M–3 (Form 1120S).
Description: Form 1120S, Schedule D
(Form 1120S), Schedule K–1 (Form
1120S), and Schedule M–3 (Form
1120S) are used by an S corporation to
figure its tax liability, and income and
VerDate Nov<24>2008
16:41 Nov 13, 2009
Jkt 220001
other tax-related information to pass
through to its shareholders. Schedule
K–1 is used to report to shareholders
their share of the corporation’s income,
deductions, credits, etc. IRS uses the
information to determine the correct tax
for the S corporation and its
shareholders.
Respondents: Businesses or other forprofits.
Estimated Total Burden Hours:
420,945,980 hours.
OMB Number: 1545–0192.
Type of Review: Revision.
Title: Tax on Accumulation
Distribution of Trusts.
Form: 4970.
Description: Form 4970 is used by a
beneficiary of a domestic or foreign trust
to compute the tax adjustment
attributable to an accumulation
distribution. The form is used to verify
whether the correct tax has been paid on
the accumulation distribution.
Respondents: Individuals or
households.
Estimated Total Burden Hours: 42,900
hours.
OMB Number: 1545–0935.
Type of Review: Revision.
Title: U.S. Income Tax Return of a
Foreign Sales Corporations; Schedule P,
Transfer Price or Commission.
Form: 1120–FSC, Schedule P (Form
1120–FSC).
Description: Form 1120–FSC is filed
by foreign corporations that have
elected to be FSCs or small FSCs. The
FSC uses Form 1120–FSC to report
income and expenses and to figure its
tax liability. IRS uses Form 1120–FSC
and Schedule P (Form 1120–FSC) to
determine whether the FSC has
correctly reported its income and
expenses and figured its tax liability
correctly.
Respondents: Businesses or other forprofits.
Estimated Total Burden Hours:
1,088,250 hours.
OMB Number: 1545–0956.
Type of Review: Revision.
Title: Annual Return of OneParticipant (Owners and Their Spouses)
Retirement Plan.
Form: 5500–EZ.
Description: Form 5500–EZ is an
annual return filed by a one-participant
or one-participant and spouse pension
plan. The IRS uses this data to
determine if the plan appears to be
operating properly as required under the
law or whether the plan should be
audited.
Respondents: Businesses or other forprofits.
Estimated Total Burden Hours:
7,005,000 hours.
PO 00000
Frm 00094
Fmt 4703
Sfmt 4703
OMB Number: 1545–1359.
Type of Review: Extension.
Title: Information Reporting by
Passport and Permanent Residence
Applicants INTL–978–86 (NPRM).
Description: The regulation requires
applicants for passports and permanent
residence status to report certain tax
information on the applications. The
regulations are intended to give the
Service notice of non-filers and of
persons with foreign source income not
subject to normal withholding, and to
notify such persons of their duty to file
U.S. tax returns.
Respondents: Individuals or
households.
Estimated Total Burden Hours:
750,000 hours.
OMB Number: 1545–1432.
Type of Review: Extension.
Title: Voluntary Customer Surveys to
Implement E.O. 12862 Coordinated by
the Corporate Planning and Performance
Division on Behalf of All IRS Operations
Functions.
Description: This is a generic
clearance for an undefined number of
customer satisfaction and opinion
surveys and focus group interviews to
be conducted over the next three years.
Surveys and focus groups conducted
under the generic clearance are used by
the Internal Revenue Service to
determine levels of customer
satisfaction as well as determining
issues that contribute to customer
burden. This information will be used to
make quality improvements to products
and services.
Respondents: Businesses or other forprofits.
Estimated Total Burden Hours:
150,000 hours.
OMB Number: 1545–1964.
Type of Review: Revision.
Title: Intake/Interview & Quality
Review Sheet.
Form: 13614–C, 13614–C (SP).
Description: The SPEC function
developed the Form 13614–C, Intake/
Interview & Quality Review Sheet that
contains a standardized list of required
intake and quality review questions to
guide volunteers in asking taxpayers
basic questions about themselves and
conducting a quality review of the
completed return. The intake/interview
and quality review sheet is an effective
tool for ensuring critical taxpayer
information is obtained and applied
during the interview and completion of
the tax return process.
Respondents: Individuals or
Households.
Estimated Total Burden Hours:
562,583 hours.
Clearance Officer: R. Joseph Durbala,
(202) 622–3634, Internal Revenue
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Federal Register / Vol. 74, No. 219 / Monday, November 16, 2009 / Notices
Service, Room 6516, 1111 Constitution
Avenue, NW., Washington, DC 20224.
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. E9–27446 Filed 11–13–09; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Departmental Offices; Proposed
Collection; Comment Request
ACTION: Notice and request for
comments.
mstockstill on DSKH9S0YB1PROD with NOTICES
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 Office of
Financial Stability within the
Department of the Treasury is soliciting
comments concerning the service
application for the Making Home
Affordable Participants.
DATES: Written comments should be
received on or before January 15, 2010
to be assured of consideration.
VerDate Nov<24>2008
16:41 Nov 13, 2009
Jkt 220001
Direct all written comments
to Department of the Treasury, Bruce
Turner, 1500 Pennsylvania Avenue,
NW., Washington, DC 20220.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the form(s) and instructions
should be directed as above.
SUPPLEMENTARY INFORMATION:
Title: TARP—Making Home
Affordable Participants.
OMB Number: 1505–0216.
Abstract: Authorized under the
Emergency Economic Stabilization Act
(EESA) of 2008 (Pub. L. 110–343), the
Department of the Treasury has
implemented several aspects of the
Troubled Asset Relief Program. Among
these components is a voluntary
foreclosure prevention program—
Making Home Affordable (MHA)
program, under which the Department
will use TARP capital to lower the
mortgage payments of qualifying
borrowers. The Treasury will do this
through agreements with mortgage
servicers to modify loans on their
systems. All servicers are eligible to
participate in the program. The
information will be used to set the
servicers up on the data system, ensure
that the servicers can be paid for the
loan modifications that they undertake,
check for compliance, and report out on
the effectiveness of the program.
Current Actions: Continuation of
application.
Type of Review: Extension.
Affected Public: Financial
Institutions.
ADDRESSES:
PO 00000
Frm 00095
Fmt 4703
Sfmt 4703
59031
Estimated Number of Respondents:
130.
Estimated Total Annual Burden
Hours: 5,985 hours.
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.
Dated: November 9, 2009.
Daniel Abramowitz,
Office of Financial Stability PRA Program
Officer.
[FR Doc. E9–27484 Filed 11–13–09; 8:45 am]
BILLING CODE 4810–25–P
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Agencies
[Federal Register Volume 74, Number 219 (Monday, November 16, 2009)]
[Notices]
[Pages 59030-59031]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-27446]
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DEPARTMENT OF THE TREASURY
Submission for OMB Review; Comment Request
November 10, 2009.
The Department of Treasury will submit the following public
information collection requirement(s) to OMB for review and clearance
under the Paperwork Reduction Act of 1995, Public Law 104-13 on or
after the date of publication of this notice. Copies of the
submission(s) may be obtained by calling the Treasury Bureau Clearance
Officer listed. Comments regarding this information collection should
be addressed to the OMB reviewer listed and to the Treasury Department
Clearance Officer, Department of the Treasury, Room 11000, and 1750
Pennsylvania Avenue, NW., Washington, DC 20220.
Dates: Written comments should be received on or before December
16, 2009 to be assured of consideration.
Internal Revenue Service (IRS)
OMB Number: 1545-1593.
Type of Review: Extension.
Title: U.S. Income Tax Return for Qualified Funeral Trusts.
Form: 1041-QFT.
Description: IRC section 685 allows the trustee of a qualified
funeral trust to elect to report and pay the tax for the trust. Data is
used to determine that the trustee filed the proper return and paid the
correct tax.
Respondents: Businesses or other for-profits.
Estimated Total Burden Hours: 270,150 hours.
OMB Number: 1545-0130.
Type of Review: Revision.
Title: U.S. Income Tax Return for an S Corporation.
Form: 1120S, Schedule D (Form 1120S), Schedule K-1 (Form 1120S),
and Schedule M-3 (Form 1120S).
Description: Form 1120S, Schedule D (Form 1120S), Schedule K-1
(Form 1120S), and Schedule M-3 (Form 1120S) are used by an S
corporation to figure its tax liability, and income and other tax-
related information to pass through to its shareholders. Schedule K-1
is used to report to shareholders their share of the corporation's
income, deductions, credits, etc. IRS uses the information to determine
the correct tax for the S corporation and its shareholders.
Respondents: Businesses or other for-profits.
Estimated Total Burden Hours: 420,945,980 hours.
OMB Number: 1545-0192.
Type of Review: Revision.
Title: Tax on Accumulation Distribution of Trusts.
Form: 4970.
Description: Form 4970 is used by a beneficiary of a domestic or
foreign trust to compute the tax adjustment attributable to an
accumulation distribution. The form is used to verify whether the
correct tax has been paid on the accumulation distribution.
Respondents: Individuals or households.
Estimated Total Burden Hours: 42,900 hours.
OMB Number: 1545-0935.
Type of Review: Revision.
Title: U.S. Income Tax Return of a Foreign Sales Corporations;
Schedule P, Transfer Price or Commission.
Form: 1120-FSC, Schedule P (Form 1120-FSC).
Description: Form 1120-FSC is filed by foreign corporations that
have elected to be FSCs or small FSCs. The FSC uses Form 1120-FSC to
report income and expenses and to figure its tax liability. IRS uses
Form 1120-FSC and Schedule P (Form 1120-FSC) to determine whether the
FSC has correctly reported its income and expenses and figured its tax
liability correctly.
Respondents: Businesses or other for-profits.
Estimated Total Burden Hours: 1,088,250 hours.
OMB Number: 1545-0956.
Type of Review: Revision.
Title: Annual Return of One-Participant (Owners and Their Spouses)
Retirement Plan.
Form: 5500-EZ.
Description: Form 5500-EZ is an annual return filed by a one-
participant or one-participant and spouse pension plan. The IRS uses
this data to determine if the plan appears to be operating properly as
required under the law or whether the plan should be audited.
Respondents: Businesses or other for-profits.
Estimated Total Burden Hours: 7,005,000 hours.
OMB Number: 1545-1359.
Type of Review: Extension.
Title: Information Reporting by Passport and Permanent Residence
Applicants INTL-978-86 (NPRM).
Description: The regulation requires applicants for passports and
permanent residence status to report certain tax information on the
applications. The regulations are intended to give the Service notice
of non-filers and of persons with foreign source income not subject to
normal withholding, and to notify such persons of their duty to file
U.S. tax returns.
Respondents: Individuals or households.
Estimated Total Burden Hours: 750,000 hours.
OMB Number: 1545-1432.
Type of Review: Extension.
Title: Voluntary Customer Surveys to Implement E.O. 12862
Coordinated by the Corporate Planning and Performance Division on
Behalf of All IRS Operations Functions.
Description: This is a generic clearance for an undefined number of
customer satisfaction and opinion surveys and focus group interviews to
be conducted over the next three years. Surveys and focus groups
conducted under the generic clearance are used by the Internal Revenue
Service to determine levels of customer satisfaction as well as
determining issues that contribute to customer burden. This information
will be used to make quality improvements to products and services.
Respondents: Businesses or other for-profits.
Estimated Total Burden Hours: 150,000 hours.
OMB Number: 1545-1964.
Type of Review: Revision.
Title: Intake/Interview & Quality Review Sheet.
Form: 13614-C, 13614-C (SP).
Description: The SPEC function developed the Form 13614-C, Intake/
Interview & Quality Review Sheet that contains a standardized list of
required intake and quality review questions to guide volunteers in
asking taxpayers basic questions about themselves and conducting a
quality review of the completed return. The intake/interview and
quality review sheet is an effective tool for ensuring critical
taxpayer information is obtained and applied during the interview and
completion of the tax return process.
Respondents: Individuals or Households.
Estimated Total Burden Hours: 562,583 hours.
Clearance Officer: R. Joseph Durbala, (202) 622-3634, Internal
Revenue
[[Page 59031]]
Service, Room 6516, 1111 Constitution Avenue, NW., Washington, DC
20224.
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. E9-27446 Filed 11-13-09; 8:45 am]
BILLING CODE 4830-01-P