Proposed Collection: Comment Request for Regulation Project, 60508-60509 [2010-24489]
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60508
Federal Register / Vol. 75, No. 189 / Thursday, September 30, 2010 / Notices
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: August 24, 2010.
Gerald Shields,
Supervisory Tax Analyst.
[FR Doc. 2010–24500 Filed 9–29–10; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[PS–52–88]
Proposed Collection; Comment
Request For Regulation Project
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 an
existing final regulation, PS–52–88 (TD
8455), Election to Expense Certain
Depreciable Business Assets. (§§ 1.179–
2, 1.179–3).
mstockstill on DSKH9S0YB1PROD with NOTICES6
SUMMARY:
VerDate Mar<15>2010
17:48 Sep 29, 2010
Jkt 220001
Written comments should be
received on or before November 29,
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 this regulation should be
directed to Allan Hopkins, (202) 622–
6665, or through the internet
(Allan.M.Hopkins@irs.gov) Internal
Revenue Service, room 6129, 1111
Constitution Avenue, NW., Washington,
DC 20224.
SUPPLEMENTARY INFORMATION:
Title: Election to Expense Certain
Depreciable Business Assets.
OMB Number: 1545–1201.
Regulation Project Number: PS–52–88
Final.
Abstract: The regulations provide
rules on the election described in
Internal Revenue Code section 179(b)(4);
the apportionment of the dollar
limitation among component members
of a controlled group; and the proper
order for deducting the carryover of
disallowed deduction. The
recordkeeping and reporting
requirements are necessary to monitor
compliance with the section 179 rules.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals or
households, farms, and business or
other for-profit organizations.
Estimated Number of Respondents:
20,000.
Estimated Time per Respondent: 45
min.
Estimated Total Annual Burden
Hours: 15,000 hours.
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
DATES:
PO 00000
Frm 00105
Fmt 4703
Sfmt 4703
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: August 24, 2010.
Gerald Shields,
Supervisory Tax Analyst.
[FR Doc. 2010–24490 Filed 9–29–10; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[EE–43–92]
Proposed Collection: Comment
Request for Regulation Project
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 an
existing final regulation, EE–43–92 (TD
8619), Direct Rollovers and 20-Percent
Withholding Upon Eligible Rollover
Distributions From Qualified Plans
(§§ 1.401(a)(31)–1, 1.402(c)–2, 1.402(f)–
1, 1.403(b)–2, and 31.3405(c)–1.
DATES: Written comments should be
received on or before November 29,
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 regulation should be
directed to Allan Hopkins, at (202) 622–
6665, or at Internal Revenue Service,
room 6129, 1111 Constitution Avenue,
SUMMARY:
E:\FR\FM\30SEN1.SGM
30SEN1
Federal Register / Vol. 75, No. 189 / Thursday, September 30, 2010 / Notices
NW., Washington, DC 20224, or
through the Internet, at
Allan.M.Hopkins@irs.gov.
mstockstill on DSKH9S0YB1PROD with NOTICES6
SUPPLEMENTARY INFORMATION:
Title: Direct Rollovers and 20-Percent
Withholding Upon Eligible Rollover
Distributions From Qualified Plans.
OMB Number: 1545–1341.
Regulation Project Number: EE–43–
92.
Abstract: This regulation implements
the provisions of the Unemployment
Compensation Amendments of 1992
(Pub. L. 102–318), which impose
mandatory 20 percent income tax
withholding upon the taxable portion of
certain distributions from a qualified
pension plan or a tax-sheltered annuity
that can be rolled over tax-free to
another eligible retirement plan unless
such amounts are transferred directly to
such other plan in a ‘‘direct rollover’’
transaction. These provisions also
require qualified pension plans and taxsheltered annuities to offer their
participants the option to elect to make
‘‘direct rollovers’’ of their distributions
and to provide distributees with a
written explanation of the tax laws
regarding their distributions and their
option to elect such a rollover.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals, business
or other for-profit organizations, not-forprofit institutions, and Federal, state,
local or tribal governments.
Estimated Number of Respondents:
10,323,926.
Estimated Time Per Respondent: 13
minutes.
Estimated Total Annual Burden
Hours: 2,129,669.
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
VerDate Mar<15>2010
17:48 Sep 29, 2010
Jkt 220001
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: August 24, 2010.
Gerald Shields,
Supervisory Tax Analyst.
[FR Doc. 2010–24489 Filed 9–29–10; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Revenue Procedure 2004–
56
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
Revenue Procedure 2004–56, Model 457
Plan Provisions.
DATES: Written comments should be
received on or before November 29,
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 revenue procedures should be
directed to Allan Hopkins at 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:
SUMMARY:
PO 00000
Frm 00106
Fmt 4703
Sfmt 9990
60509
Title: Model 457 Plan Provisions.
OMB Number: 1545–1904.
Revenue Procedure Number: Rev.
Proc. 2004–56.
Abstract: Revenue Procedure 2004–56
contains model amendments to be used
by section 457(b) plans (deferred
compensation plans) of State or local
governments.
Current Actions: There are no changes
being made to the revenue procedures at
this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: State, local or Tribal
governments, and not-for-profit
institutions.
Estimated Number of Respondents/
Recordkeepers: 10,260.
Estimated Annual Average Time Per
Respondent/Recordkeeper: 4 hours.
Estimated Total Annual Reporting/
Recordkeeping Hours: 41,040.
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: September 12, 2010.
Allan Hopkins,
Tax Analyst.
[FR Doc. 2010–24486 Filed 9–29–10; 8:45 am]
BILLING CODE 4830–01–P
E:\FR\FM\30SEN1.SGM
30SEN1
]]>Agencies
[Federal Register Volume 75, Number 189 (Thursday, September 30, 2010)]
[Notices]
[Pages 60508-60509]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-24489]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[EE-43-92]
Proposed Collection: Comment Request for Regulation Project
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, EE-43-92 (TD 8619), Direct Rollovers and 20-
Percent Withholding Upon Eligible Rollover Distributions From Qualified
Plans (Sec. Sec. 1.401(a)(31)-1, 1.402(c)-2, 1.402(f)-1, 1.403(b)-2,
and 31.3405(c)-1.
DATES: Written comments should be received on or before November 29,
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 regulation should be directed to Allan Hopkins, at (202)
622-6665, or at Internal Revenue Service, room 6129, 1111 Constitution
Avenue,
[[Page 60509]]
NW., Washington, DC 20224, or through the Internet, at
Allan.M.Hopkins@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Direct Rollovers and 20-Percent Withholding Upon Eligible
Rollover Distributions From Qualified Plans.
OMB Number: 1545-1341.
Regulation Project Number: EE-43-92.
Abstract: This regulation implements the provisions of the
Unemployment Compensation Amendments of 1992 (Pub. L. 102-318), which
impose mandatory 20 percent income tax withholding upon the taxable
portion of certain distributions from a qualified pension plan or a
tax-sheltered annuity that can be rolled over tax-free to another
eligible retirement plan unless such amounts are transferred directly
to such other plan in a ``direct rollover'' transaction. These
provisions also require qualified pension plans and tax-sheltered
annuities to offer their participants the option to elect to make
``direct rollovers'' of their distributions and to provide distributees
with a written explanation of the tax laws regarding their
distributions and their option to elect such a rollover.
Current Actions: There is no change to this existing regulation.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals, business or other for-profit
organizations, not-for-profit institutions, and Federal, state, local
or tribal governments.
Estimated Number of Respondents: 10,323,926.
Estimated Time Per Respondent: 13 minutes.
Estimated Total Annual Burden Hours: 2,129,669.
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: August 24, 2010.
Gerald Shields,
Supervisory Tax Analyst.
[FR Doc. 2010-24489 Filed 9-29-10; 8:45 am]
BILLING CODE 4830-01-P
