Proposed Collection; Comment Request for Form 966, 5868 [2010-2358]
Download as PDF
<![CDATA[
5868
Federal Register / Vol. 75, No. 23 / Thursday, February 4, 2010 / Notices
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.
srobinson on DSKHWCL6B1PROD with NOTICES
SUPPLEMENTARY INFORMATION:
Title: S Corporation Declaration and
Signature for Electronic Filing.
OMB Number: 1545–1867.
Form Number: 8453–S.
Abstract: Form 8453–S is necessary to
enable the electronic filing of Form
1120S U.S. Income Tax Return for an S
Corporation. The form is created to meet
the stated Congressional policy that
paperless filing is the preferred and
most convenient means of filing Federal
tax and information returns.
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: Businesses or other
for-profit organizations.
Estimated Number of Respondents:
1,500.
Estimated Time per Respondent: 7
hours, 1 minute.
Estimated Total Annual Burden
Hours: 10,530.
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,
VerDate Nov<24>2008
17:31 Feb 03, 2010
Jkt 220001
maintenance, and purchase of services
to provide information.
Approved: January 13, 2010.
R. Joseph Durbala,
Supervisory Tax Analyst.
[FR Doc. 2010–2339 Filed 2–3–10; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 966
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
966, Corporate Dissolution or
Liquidation.
DATES: Written comments should be
received on or before April 5, 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 Dawn Bidne at
Internal Revenue Service, room 6129,
1111 Constitution Avenue, NW.,
Washington, DC 20224, or at (202) 622–
3933, or through the Internet at
Dawn.E.Bidne@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Corporate Dissolution or
Liquidation.
OMB Number: 1545–0041.
Form Number: 966.
Abstract: Form 966 is filed by a
corporation whose shareholders have
agreed to liquidate the corporation. As
a result of the liquidation, the
shareholders receive the property of the
corporation in exchange for their stock.
The IRS uses Form 966 to determine if
the liquidation election was properly
made and if any taxes are due on the
transfer of property.
Current Actions: There are no changes
being made to the form at this time.
PO 00000
Frm 00113
Fmt 4703
Sfmt 4703
However, the burden was updated to
more accurately account for the time
required to file this form.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
26,000.
Estimated Time per Respondent: 8
hours, 4 minutes.
Estimated Total Annual Burden
Hours: 209,820.
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: January 15, 2010.
R. Joseph Durbala,
IRS Supervisory Tax Analyst.
[FR Doc. 2010–2358 Filed 2–3–10; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 8453–PE
AGENCY: Internal Revenue Service (IRS),
Treasury.
E:\FR\FM\04FEN1.SGM
04FEN1
]]>Agencies
[Federal Register Volume 75, Number 23 (Thursday, February 4, 2010)]
[Notices]
[Page 5868]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-2358]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 966
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 966, Corporate Dissolution or Liquidation.
DATES: Written comments should be received on or before April 5, 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 Dawn Bidne at
Internal Revenue Service, room 6129, 1111 Constitution Avenue, NW.,
Washington, DC 20224, or at (202) 622-3933, or through the Internet at
Dawn.E.Bidne@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Corporate Dissolution or Liquidation.
OMB Number: 1545-0041.
Form Number: 966.
Abstract: Form 966 is filed by a corporation whose shareholders
have agreed to liquidate the corporation. As a result of the
liquidation, the shareholders receive the property of the corporation
in exchange for their stock. The IRS uses Form 966 to determine if the
liquidation election was properly made and if any taxes are due on the
transfer of property.
Current Actions: There are no changes being made to the form at
this time. However, the burden was updated to more accurately account
for the time required to file this form.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations.
Estimated Number of Respondents: 26,000.
Estimated Time per Respondent: 8 hours, 4 minutes.
Estimated Total Annual Burden Hours: 209,820.
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: January 15, 2010.
R. Joseph Durbala,
IRS Supervisory Tax Analyst.
[FR Doc. 2010-2358 Filed 2-3-10; 8:45 am]
BILLING CODE 4830-01-P
