Proposed Collection; Comment Request for Forms 1042, 1042-S, and 1042-T, 36621-36622 [2011-15573]
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36621
Federal Register / Vol. 76, No. 120 / Wednesday, June 22, 2011 / Notices
or through the Internet, at
Joel.P.Goldberger@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Sales of Business Property.
OMB Number: 1545–0184.
Form Number: 4797.
Abstract: Form 4797 is used by
taxpayers to report sales, exchanges, or
involuntary conversions of assets used
in a trade or business. It is also used to
compute ordinary income from
recapture and the recapture of prior year
losses under section 1231 of the Internal
Revenue Code.
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, individuals or
households, and farms.
Estimated Number of Respondents:
1,993,957.
Estimated Time per Respondent: 53
hr., 1 min.
Estimated Total Annual Burden
Hours: 100,633,248.
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 7, 2011.
Yvette B. Lawrence,
IRS Reports Clearance Officer.
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 Joel Goldberger, at
(202) 927–9368, or at Internal Revenue
Service, room 6129, 1111 Constitution
Avenue, NW., Washington, DC 20224,
or through the Internet at
Joel.P.Goldberger@irs.gov.
SUPPLEMENTARY INFORMATION:
[FR Doc. 2011–15571 Filed 6–21–11; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Forms 1042, 1042–S, and
1042–T
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
1042, Annual Withholding Tax Return
for U.S. Source Income of Foreign
Persons, Form 1042–S, Foreign Person’s
U.S. Source Income Subject to
Withholding, and Form 1042–T, Annual
Summary and Transmittal of Forms
1042–S.
DATES: Written comments should be
received on or before August 22, 2011
to be assured of consideration.
ADDRESSES: Direct all written comments
to Yvette B. Lawrence, Internal Revenue
SUMMARY:
Title: Form 1042, Annual
Withholding Tax Return for U.S. Source
Income of Foreign Persons, Form 1042–
S, Foreign Person’s U.S. Source Income
Subject to Withholding, and Form
1042–T, Annual Summary and
Transmittal of Forms 1042–T.
OMB Number: 1545–0096.
Form Numbers: 1042, 1042–S, and
1042–T.
Abstract: Form 1042 is used by
withholding agents to report tax
withheld at source on payment of
certain income paid to nonresident alien
individuals, foreign partnerships, or
foreign corporations. The IRS uses this
information to verify that the correct
amount of tax has been withheld and
paid to the United States. Form 1042–
S is used to report certain income and
tax withheld information to nonresident
alien payees and beneficial owners.
Form 1042–T is used by withholding
agents to transmit Forms 1042–S to the
IRS.
Current Actions: There is no change to
the forms previously approved by the
OMB. However, due to an increase in
the estimated number of responses,
there is an increase in the paperwork
burden previously approved by OMB.
We are requesting an increase in the
burden hours of 1,376,594. This form is
being submitted for renewal purposes
only.
Type of Review: This is a revision of
a currently approved collection.
Affected Public: Business or other for
profit organizations and individuals or
households.
The burden estimate is as follows:
mstockstill on DSK4VPTVN1PROD with NOTICES
Number of
responses
Form 1042 ...................................................................................................................................
Form 1042–S ...............................................................................................................................
Form 1042–T ...............................................................................................................................
Time per
response
Total hours
VerDate Mar<15>2010
16:40 Jun 21, 2011
Jkt 223001
An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
PO 00000
Frm 00110
Fmt 4703
Sfmt 4703
18.05
.58
.20
657,020
2,044,674
3,900
3,581,200
The following paragraph applies to all
of the collections of information covered
by this notice:
36,400
3,525,300
19,500
........................
2,705,594
unless the collection of information
displays a valid OMB control number.
Books or records relating to a collection
E:\FR\FM\22JNN1.SGM
22JNN1
36622
Federal Register / Vol. 76, No. 120 / Wednesday, June 22, 2011 / Notices
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 7, 2011.
Yvette B. Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2011–15573 Filed 6–21–11; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 5305A–SEP
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
5305A–SEP, Salary Reduction
Simplified Employee PensionIndividual Retirement Accounts
Contribution Agreement.
DATES: Written comments should be
received on or before August 22, 2011
to be assured of consideration.
mstockstill on DSK4VPTVN1PROD with NOTICES
SUMMARY:
VerDate Mar<15>2010
16:40 Jun 21, 2011
Jkt 223001
Direct all written comments
to Yvette B. Lawrence, 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 Joel Goldberger,
Internal Revenue Service, room 6129,
1111 Constitution Avenue, NW.,
Washington, DC 20224, or at (202), 927–
9368, or through the Internet at
Joel.P.Goldberger@irs.gov.
ADDRESSES:
SUPPLEMENTARY INFORMATION:
Title: Salary Reduction Simplified
Employee Pension-Individual
Retirement Accounts Contribution
Agreement.
OMB Number: 1545–1012.
Form Number: 5305A–SEP.
Abstract: Form 5305A–SEP is used by
an employer to make an agreement to
provide benefits to all employees under
a Simplified Employee Pension (SEP)
described in Internal Revenue Code
section 408(k). This form is not to be
filed with the IRS, but is to be retained
in the employer’s records as proof of
establishing a SEP and justifying a
deduction for contributions made to the
SEP.
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 and individuals.
Estimated Number of Respondents:
100,000.
Estimated Time per Respondent: 9
hours, 43 minutes.
Estimated Total Annual Burden
Hours: 972,000.
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 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
PO 00000
Frm 00111
Fmt 4703
Sfmt 4703
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, 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 7, 2011.
Yvette B. Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2011–15574 Filed 6–21–11; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 1099–DIV
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
1099–DIV, Dividends and Distributions.
DATES: Written comments should be
received on or before August 22, 2011
to be assured of consideration.
ADDRESSES: Direct all written comments
to Yvette Lawrence, 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
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.
SUMMARY:
SUPPLEMENTARY INFORMATION:
Title: Dividends and Distributions.
OMB Number: 1545–0110.
Form Number: 1099–DIV.
Abstract: Form 1099–DIV is used by
the IRS to insure that dividends are
E:\FR\FM\22JNN1.SGM
22JNN1
]]>Agencies
[Federal Register Volume 76, Number 120 (Wednesday, June 22, 2011)]
[Notices]
[Pages 36621-36622]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-15573]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Forms 1042, 1042-S, and
1042-T
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 1042, Annual Withholding Tax Return for U.S. Source Income of
Foreign Persons, Form 1042-S, Foreign Person's U.S. Source Income
Subject to Withholding, and Form 1042-T, Annual Summary and Transmittal
of Forms 1042-S.
DATES: Written comments should be received on or before August 22, 2011
to be assured of consideration.
ADDRESSES: Direct all written comments to Yvette B. Lawrence, 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 Joel
Goldberger, at (202) 927-9368, or at Internal Revenue Service, room
6129, 1111 Constitution Avenue, NW., Washington, DC 20224, or through
the Internet at Joel.P.Goldberger@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Form 1042, Annual Withholding Tax Return for U.S. Source
Income of Foreign Persons, Form 1042-S, Foreign Person's U.S. Source
Income Subject to Withholding, and Form 1042-T, Annual Summary and
Transmittal of Forms 1042-T.
OMB Number: 1545-0096.
Form Numbers: 1042, 1042-S, and 1042-T.
Abstract: Form 1042 is used by withholding agents to report tax
withheld at source on payment of certain income paid to nonresident
alien individuals, foreign partnerships, or foreign corporations. The
IRS uses this information to verify that the correct amount of tax has
been withheld and paid to the United States. Form 1042-S is used to
report certain income and tax withheld information to nonresident alien
payees and beneficial owners. Form 1042-T is used by withholding agents
to transmit Forms 1042-S to the IRS.
Current Actions: There is no change to the forms previously
approved by the OMB. However, due to an increase in the estimated
number of responses, there is an increase in the paperwork burden
previously approved by OMB. We are requesting an increase in the burden
hours of 1,376,594. This form is being submitted for renewal purposes
only.
Type of Review: This is a revision of a currently approved
collection.
Affected Public: Business or other for profit organizations and
individuals or households.
The burden estimate is as follows:
----------------------------------------------------------------------------------------------------------------
Number of Time per
responses response Total hours
----------------------------------------------------------------------------------------------------------------
Form 1042....................................................... 36,400 18.05 657,020
Form 1042-S..................................................... 3,525,300 .58 2,044,674
Form 1042-T..................................................... 19,500 .20 3,900
-----------------------------------------------
3,581,200 .............. 2,705,594
----------------------------------------------------------------------------------------------------------------
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
[[Page 36622]]
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 7, 2011.
Yvette B. Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2011-15573 Filed 6-21-11; 8:45 am]
BILLING CODE 4830-01-P
