Proposed Collection; Comment Request for REG 209446-82 (TD 8852), 38868 [2010-16230]
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Federal Register / Vol. 75, No. 128 / Tuesday, July 6, 2010 / Notices
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: June 28, 2010.
Gerald Shields,
IRS Tax Supervisory Analyst.
[FR Doc. 2010–16229 Filed 7–2–10; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG–209446–82]
Proposed Collection; Comment
Request for REG 209446–82 (TD 8852)
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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 an
existing final regulation, REG–209446–
82 (TD 8852), Passthrough of Items of an
S Corporation to its Shareholders
(§ 1.1366–1).
DATES: Written comments should be
received on or before September 7, 2010
to be assured of consideration.
VerDate Mar<15>2010
14:52 Jul 02, 2010
Jkt 220001
Direct all written comments
to Gerald Shields, Internal Revenue
Service, Room 6129, 1111 Constitution
Avenue, NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of regulation should be directed
to Elaine Christophe, (202) 622–3179, or
at Internal Revenue Service, Room 6129,
1111 Constitution Avenue, NW.,
Washington, DC 20224, or through the
Internet, at Elaine.H.Christophe@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Passthrough of Items of an S
Corporation to its Shareholders.
OMB Number: 1545–1613.
Regulation Project Number: REG–
209446–82 (TD 8852)
Abstract: Section 1366 requires
shareholders of an S corporation to take
into account their pro rata share of
separately stated items of the S
corporation and non-separately
computed income or loss. Section
1.1366–1 of the regulation provides that
an S corporation must report, and a
shareholder is required to take into
account in the shareholder’s return, the
shareholder’s pro rata share, whether or
not distributed, of the S corporation’s
items of income, loss, deduction, or
credit.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations, and Individuals or
households.
This reporting requirement is
reflected in the burden of Form 1040,
U.S. Individual Income Tax Return, and
Form 1120S, U.S. Income Tax Return for
an S Corporation. 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
ADDRESSES:
PO 00000
Frm 00105
Fmt 4703
Sfmt 4703
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: June 11, 2010.
Gerald Shields,
IRS Reports Clearance Officer.
[FR Doc. 2010–16230 Filed 7–2–10; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Bureau of the Public Debt
Proposed Collection: Comment
Request
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 Bureau of
the Public Debt within the Department
of the Treasury is soliciting comments
concerning the Investigative Inquiry
Forms.
DATES: Written comments should be
received on or before September 8,
2010, to be assured of consideration.
ADDRESSES: Direct all written comments
to Bureau of the Public Debt, Judi
Owens, 200 Third Street, A4–A,
Parkersburg, WV 26106–5312, or
Judi.Owens@bpd.treas.gov.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the form and instructions
should be directed to Judi Owens,
Bureau of the Public Debt, 200 Third
Street, A4–A, Parkersburg, WV 26106–
5312, (304) 480–8150.
SUPPLEMENTARY INFORMATION:
Title: Investigative Inquiry Forms.
OMB Number: 1535–0141.
Form Numbers: PD F 5518, PD F 5519,
PD F 5520, PD F 5521.
E:\FR\FM\06JYN1.SGM
06JYN1
]]>Agencies
[Federal Register Volume 75, Number 128 (Tuesday, July 6, 2010)]
[Notices]
[Page 38868]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-16230]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG-209446-82]
Proposed Collection; Comment Request for REG 209446-82 (TD 8852)
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 an
existing final regulation, REG-209446-82 (TD 8852), Passthrough of
Items of an S Corporation to its Shareholders (Sec. 1.1366-1).
DATES: Written comments should be received on or before September 7,
2010 to be assured of consideration.
ADDRESSES: Direct all written comments to Gerald Shields, Internal
Revenue Service, Room 6129, 1111 Constitution Avenue, NW., Washington,
DC 20224.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of regulation should be directed to Elaine Christophe, (202)
622-3179, or at Internal Revenue Service, Room 6129, 1111 Constitution
Avenue, NW., Washington, DC 20224, or through the Internet, at
Elaine.H.Christophe@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Passthrough of Items of an S Corporation to its
Shareholders.
OMB Number: 1545-1613.
Regulation Project Number: REG-209446-82 (TD 8852)
Abstract: Section 1366 requires shareholders of an S corporation to
take into account their pro rata share of separately stated items of
the S corporation and non-separately computed income or loss. Section
1.1366-1 of the regulation provides that an S corporation must report,
and a shareholder is required to take into account in the shareholder's
return, the shareholder's pro rata share, whether or not distributed,
of the S corporation's items of income, loss, deduction, or credit.
Current Actions: There is no change to this existing regulation.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations, and
Individuals or households.
This reporting requirement is reflected in the burden of Form 1040,
U.S. Individual Income Tax Return, and Form 1120S, U.S. Income Tax
Return for an S Corporation. 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: June 11, 2010.
Gerald Shields,
IRS Reports Clearance Officer.
[FR Doc. 2010-16230 Filed 7-2-10; 8:45 am]
BILLING CODE 4830-01-P
