Proposed Collection; Comment Request for Forms 3921 and 3922, 49539 [2011-20223]
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Federal Register / Vol. 76, No. 154 / Wednesday, August 10, 2011 / Notices
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Forms 3921 and 3922
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
3921, Exercise of an Incentive Stock
Option Under Section 422(b), and Form
3922, Transfer of Stock Acquired
Through an Employee Stock Purchase
Plan Under Section 423(c).
DATES: Written comments should be
received on or before October 11, 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,
(202) 622–6665, at Internal Revenue
Service, Room 6129, 1111 Constitution
Avenue, NW., Washington, DC 20224,
or through the Internet at
Allan.M.Hopkins@irs.gov.
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SUPPLEMENTARY INFORMATION:
Title: Form 3921, Exercise of an
Incentive Stock Option Under Section
422(b). Form 3922, Transfer of Stock
Acquired Through an Employee Stock
Purchase Plan Under Section 423(c).
OMB Number: 1545–2129.
Form Number: 3921 and 3922.
Abstract: Form 3921 is a copy of the
information return filed with the
Internal Revenue Service by the
corporation which transferred shares of
stock to a recipient. Form 3922 is used
by the corporation to record a transfer
of the legal title of a share of stock
acquired by the employee where the
stock was acquired pursuant to the
exercise of an option described in
section 423(c). These forms are required
to be filed for stock transfers occurring
after 2008.
Current Actions: One line item was
added.
VerDate Mar<15>2010
17:48 Aug 09, 2011
Jkt 223001
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals and
Households, Businesses and other forprofit organizations.
Estimated Number of Respondents:
51,000.
Estimated Time per Respondent: 30
minutes.
Estimated Total Annual Burden
Hours: 25,205.
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 2, 2011.
Yvette Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2011–20223 Filed 8–9–11; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 637
AGENCY: Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
PO 00000
Frm 00109
Fmt 4703
Sfmt 4703
49539
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
637, Application for Registration (For
Certain Excise Tax Activities).
DATES: Written comments should be
received on or before October 11, 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
(202) 622–6665, or at Internal Revenue
Service, Room 6129, 1111 Constitution
Avenue, NW., Washington, DC 20224,
or through the Internet, at
Allan.M.Hopkins@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Application for Registration (For
Certain Excise Tax Activities).
OMB Number: 1545–0014.
Form Number: Form 637.
Abstract: Form 637 is used to apply
for excise tax registration. The
registration applies to a person required
to be registered under Revenue code
section 4101 for purposes of the federal
excise tax on taxable fuel imposed
under Code sections 4041 and 4071; and
to certain manufacturers or sellers and
purchasers that must register under
Code section 4222 to be exempt from
the excise tax on taxable articles. The
data is used to determine if the
applicant qualifies for the exemption.
Taxable fuel producers are required by
Code section 4101 to register with the
Service before incurring any tax
liability.
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 not-for-profit
institutions, and farms.
Estimated Number of Respondents:
2,000.
Estimated Time per Respondent: 13
hr., 31 min.
Estimated Total Annual Burden
Hours: 27,020
The following paragraph applies to all
of the collections of information covered
by this notice:
E:\FR\FM\10AUN1.SGM
10AUN1
]]>Agencies
[Federal Register Volume 76, Number 154 (Wednesday, August 10, 2011)]
[Notices]
[Page 49539]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-20223]
[[Page 49539]]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Forms 3921 and 3922
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 3921, Exercise of an Incentive Stock Option Under Section 422(b),
and Form 3922, Transfer of Stock Acquired Through an Employee Stock
Purchase Plan Under Section 423(c).
DATES: Written comments should be received on or before October 11,
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, (202) 622-6665, at Internal Revenue Service, Room 6129, 1111
Constitution Avenue, NW., Washington, DC 20224, or through the Internet
at Allan.M.Hopkins@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Form 3921, Exercise of an Incentive Stock Option Under
Section 422(b). Form 3922, Transfer of Stock Acquired Through an
Employee Stock Purchase Plan Under Section 423(c).
OMB Number: 1545-2129.
Form Number: 3921 and 3922.
Abstract: Form 3921 is a copy of the information return filed with
the Internal Revenue Service by the corporation which transferred
shares of stock to a recipient. Form 3922 is used by the corporation to
record a transfer of the legal title of a share of stock acquired by
the employee where the stock was acquired pursuant to the exercise of
an option described in section 423(c). These forms are required to be
filed for stock transfers occurring after 2008.
Current Actions: One line item was added.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals and Households, Businesses and other
for-profit organizations.
Estimated Number of Respondents: 51,000.
Estimated Time per Respondent: 30 minutes.
Estimated Total Annual Burden Hours: 25,205.
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 2, 2011.
Yvette Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2011-20223 Filed 8-9-11; 8:45 am]
BILLING CODE 4830-01-P
