Proposed Collection; Comment Request for Form 972, 60027 [E9-27759]
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Federal Register / Vol. 74, No. 222 / Thursday, November 19, 2009 / Notices
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: November 13, 2009.
R. Joseph Durbala,
Supervisory Tax Analyst.
[FR Doc. E9–27753 Filed 11–18–09; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 972
erowe on DSK5CLS3C1PROD with NOTICES
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
972, Consent of Shareholder To Include
Specific Amount in Gross Income.
DATES: Written comments should be
received on or before January 19, 2010
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,
Internal Revenue Service, room 6129,
1111 Constitution Avenue, NW.,
Washington, DC 20224, or at
(202) 622–6665, or through the Internet
at Allan.M.Hopkins@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Consent of Shareholder To
Include Specific Amount in Gross
Income.
VerDate Nov<24>2008
15:22 Nov 18, 2009
Jkt 220001
OMB Number: 1545–0043.
Form Number: 972.
Abstract: Form 972 is filed by
shareholders of corporations who agree
to include a consent dividend in gross
income as a taxable dividend. The IRS
uses Form 972 as a check to see if an
amended return is filed by the
shareholder to include the amount in
income and to determine if the
corporation claimed the correct amount
as a deduction on its tax return.
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 Responses: 100.
Estimated Time per Response: 3 hrs.,
51 mins.
Estimated Total Annual Burden
Hours: 385.
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: November 5, 2009.
R. Joseph Durbala,
Supervisory Tax Analyst.
[FR Doc. E9–27759 Filed 11–18–09; 8:45 am]
BILLING CODE 4830–01–P
PO 00000
Frm 00070
Fmt 4703
Sfmt 4703
60027
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 973
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
973, Corporation Claim for Deduction
for Consent Dividends.
DATES: Written comments should be
received on or before January 19, 2010
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
(202) 622–6665, or at Internal Revenue
Service, room 6129, 1111 Constitution
Avenue, NW., Washington, DC 20224,
or through the Internet, at
Allan.M.Hopkins@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Corporation Claim for
Deduction for Consent Dividends.
OMB Number: 1545–0044.
Form Number: Form 973.
Abstract: Corporations file Form 973
to claim a deduction for dividends paid.
If shareholders consent and the IRS
approves, the corporation may claim a
deduction for dividends paid, which
reduces the corporation’s tax liability.
IRS uses Form 973 to determine if
shareholders have included the
dividend in gross income.
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:
500
Estimated Time per Respondent: 4
hrs., 25 mins.
Estimated Total Annual Burden
Hours: 2,210.
E:\FR\FM\19NON1.SGM
19NON1
]]>Agencies
[Federal Register Volume 74, Number 222 (Thursday, November 19, 2009)]
[Notices]
[Page 60027]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-27759]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 972
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 972, Consent of Shareholder To Include Specific Amount in Gross
Income.
DATES: Written comments should be received on or before January 19,
2010 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, Internal Revenue Service, room 6129, 1111 Constitution Avenue,
NW., Washington, DC 20224, or at (202) 622-6665, or through the
Internet at Allan.M.Hopkins@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Consent of Shareholder To Include Specific Amount in Gross
Income.
OMB Number: 1545-0043.
Form Number: 972.
Abstract: Form 972 is filed by shareholders of corporations who
agree to include a consent dividend in gross income as a taxable
dividend. The IRS uses Form 972 as a check to see if an amended return
is filed by the shareholder to include the amount in income and to
determine if the corporation claimed the correct amount as a deduction
on its tax return.
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 Responses: 100.
Estimated Time per Response: 3 hrs., 51 mins.
Estimated Total Annual Burden Hours: 385.
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: November 5, 2009.
R. Joseph Durbala,
Supervisory Tax Analyst.
[FR Doc. E9-27759 Filed 11-18-09; 8:45 am]
BILLING CODE 4830-01-P
