Proposed Collection; Comment Request for Form 8825, 42828 [2010-17867]
Download as PDF
<![CDATA[
sroberts on DSKD5P82C1PROD with NOTICES
42828
Federal Register / Vol. 75, No. 140 / Thursday, July 22, 2010 / Notices
Obligations of States and Political
Subdivision.
OMB Number: 1545–1908.
Regulation Number: Regulation
121475–03 (T.D. 9339).
Abstract: The agency needs the
information to ensure compliance with
the requirement under the regulation
that the taxpayer rebates the earnings on
the defeasance escrow to the United
States. The agency will use the notice to
ensure that the respondents pays rebate
when rebate becomes due. The
respondent are state and local
governments that issue qualified zone
academy bonds under section 1397E of
the IRC.
Current Actions: There are no changes
being made to the regulation at this
time.
Type of Review: Extension of a
currently approved collection.
Affected Public: State, Local or Tribal
Government.
Estimated Number of Respondents: 6.
Estimated Average Time per
Respondent: 30 minutes.
Estimated Total Annual Reporting
Hours: 3.
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.
VerDate Mar<15>2010
18:46 Jul 21, 2010
Jkt 220001
Approved: July 15, 2010.
Gerald Shields,
IRS Supervisory Tax Analyst.
[FR Doc. 2010–17868 Filed 7–21–10; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 8825
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
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
8825, Rental Real Estate Income and
Expenses of a Partnership or an S
Corporation.
SUMMARY:
Written comments should be
received on or before September 20,
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 the form and instructions
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.
DATES:
Title:
Rental Real Estate Income and Expenses
of a Partnership or an S Corporation.
OMB Number: 1545–1186.
Form Number: Form 8825.
Abstract: Partnerships and S
corporations file Form 8825 with either
Form 1065 or Form 1120S to report
income and deductible expenses from
rental real estate activities, including
net income or loss from rental real estate
activities that flow through from
partnerships, estate, or trusts. The IRS
uses the information on the form to
verify that partnerships and S
corporations have correctly reported
their income and expenses from rental
real estate property.
SUPPLEMENTARY INFORMATION:
PO 00000
Frm 00151
Fmt 4703
Sfmt 4703
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:
705,000.
Estimated Time per Respondent: 8
hours, 55 minutes.
Estimated Total Annual Burden
Hours: 6,288,600.
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 15, 2010.
Gerald Shields,
IRS Supervisory Tax Analyst.
[FR Doc. 2010–17867 Filed 7–21–10; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 13560
Internal Revenue Service (IRS),
Treasury.
AGENCY:
E:\FR\FM\22JYN1.SGM
22JYN1
]]>Agencies
[Federal Register Volume 75, Number 140 (Thursday, July 22, 2010)]
[Notices]
[Page 42828]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-17867]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 8825
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 8825, Rental Real Estate Income and Expenses of a Partnership or
an S Corporation.
DATES: Written comments should be received on or before September 20,
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 the form and instructions 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: Rental Real Estate Income and
Expenses of a Partnership or an S Corporation.
OMB Number: 1545-1186.
Form Number: Form 8825.
Abstract: Partnerships and S corporations file Form 8825 with
either Form 1065 or Form 1120S to report income and deductible expenses
from rental real estate activities, including net income or loss from
rental real estate activities that flow through from partnerships,
estate, or trusts. The IRS uses the information on the form to verify
that partnerships and S corporations have correctly reported their
income and expenses from rental real estate property.
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: 705,000.
Estimated Time per Respondent: 8 hours, 55 minutes.
Estimated Total Annual Burden Hours: 6,288,600.
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 15, 2010.
Gerald Shields,
IRS Supervisory Tax Analyst.
[FR Doc. 2010-17867 Filed 7-21-10; 8:45 am]
BILLING CODE 4830-01-P
