Proposed Collection; Comment Request for Form 8881, 35479-35480 [2012-14334]
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Federal Register / Vol. 77, No. 114 / Wednesday, June 13, 2012 / Notices
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 6, 2012.
Allan Hopkins,
Tax Analyst.
[FR Doc. 2012–14332 Filed 6–12–12; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
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)).
erowe on DSK2VPTVN1PROD with NOTICES
SUMMARY:
VerDate Mar<15>2010
14:45 Jun 12, 2012
Jkt 226001
Currently, the IRS is soliciting
comments concerning information
reporting for qualified tuition and
related expenses, magnetic media filing
requirements for information returns,
information reporting for payments of
interest on qualified education loans,
and magnetic media filing requirements
for information.
DATES: Written comments should be
received on or before August 13, 2012
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 regulations 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: REG–161424–01 (Final),
Information Reporting for Qualified
Tuition and Related Expenses; Magnetic
Media Filing Requirements for
Information Returns, and REG–105316–
98 (Final), Information Reporting for
Payments of Interest on Qualified
Education Loans; Magnetic Media Filing
Requirements for Information.
OMB Number: 1545–1678.
Regulation Project Numbers: REG–
105316–98 and REG–161424–01.
Abstract: These regulations relate to
the information reporting requirements
in section 6050S of the Internal Revenue
Code for payments of qualified tuition
and related expenses and interest on
qualified education loans. These
regulations provide guidance to eligible
education institutions, insurers, and
payees required to file information
returns and to furnish information
statements under section 6050S.
Current Actions: There is no change to
this existing regulation.
Type of review: Extension of OMB
approval.
Affected Public: Business or other forprofit organizations, and not-for-profit
institutions.
The burden is reflected in the burdens
for Form 1098–T and Form 1098–E.
Estimated total annual reporting
burden for Form 1098–T: 4,848,090
hours.
Estimated average annual burden
hours per response for Form 1098–T: 13
minutes.
Estimated number of responses for
Form 1098–T: 21,078,651.
Estimated total annual reporting
burden for Form 1098–E: 1,051,357
hours.
PO 00000
Frm 00129
Fmt 4703
Sfmt 4703
35479
Estimated average annual burden
hours per response for Form 1098–E: 7
minutes.
Estimated number of responses for
Form 1098–E: 8,761,303.
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, 2012.
Allan Hopkins,
Tax Analyst.
[FR Doc. 2012–14333 Filed 6–12–12; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 8881
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
SUMMARY:
E:\FR\FM\13JNN1.SGM
13JNN1
35480
Federal Register / Vol. 77, No. 114 / Wednesday, June 13, 2012 / Notices
erowe on DSK2VPTVN1PROD with NOTICES
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
8881, Credit for Small Employer
Pension Plan Startup Costs.
DATES: Written comments should be
received on or before August 13, 2012
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: Credit for Small Employer
Pension Plan Startup Costs.
OMB Number: 1545–1810.
Form Number: 8881.
Abstract: Qualified small employers
use Form 8881 to request a credit for
start up costs related to eligible
retirement plans. Form 8881
implements section 45E, which
provides a credit based on costs
incurred by an employer in establishing
or administering an eligible employer
plan or for the retirement-related
education of employees with respect to
the plan. The credit is 50% of the
qualified costs for the tax year, up to a
maximum credit of $500 for the first tax
year and each of the two subsequent tax
years.
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:
66,667.
Estimated Time per Respondent: 3
hours, 32 minutes.
Estimated Total Annual Burden
Hours: 235,335.
The following paragraph applies to all
of the collections of information covered
by this notice:
VerDate Mar<15>2010
14:45 Jun 12, 2012
Jkt 226001
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, 2012.
Allan Hopkins,
Tax Analyst.
[FR Doc. 2012–14334 Filed 6–12–12; 8:45 am]
BILLING CODE 4830–01–P
United States Mint
Notification of Citizens Coinage
Advisory Committee June 26, 2012,
Public Meeting
Notification of Citizens Coinage
Advisory Committee June 26, 2012,
Public Meeting.
ACTION:
Pursuant to United States
Code, Title 31, section 5135(b)(8)(C), the
United States Mint announces the
Citizens Coinage Advisory Committee
SUMMARY:
Frm 00130
Fmt 4703
June 26, 2012.
Time: 9:00 a.m. to 2:00 p.m.
Location: 8th Floor Board Room,
United States Mint, 801 9th Street NW.,
Washington, DC 20220.
Subject: Review and consideration of
candidate designs for the 5-Star
Generals Commemorative Coin Program,
and review and consideration of
additional tribal candidate designs for
the Code Talkers Recognition
Congressional Gold Medals. In addition,
the CCAC plans a discussion relating to
the 2011 CCAC Annual Report.
Interested persons should call the
CCAC HOTLINE at (202) 354–7502 for
the latest update on meeting time and
room location.
In accordance with 31 U.S.C. 5135,
the CCAC:
• Advises the Secretary of the
Treasury on any theme or design
proposals relating to circulating coinage,
bullion coinage, Congressional Gold
Medals, and national and other medals.
• Advises the Secretary of the
Treasury with regard to the events,
persons, or places to be commemorated
by the issuance of commemorative coins
in each of the five calendar years
succeeding the year in which a
commemorative coin designation is
made.
• Makes recommendations with
respect to the mintage level for any
commemorative coin recommended.
DATES:
FOR FURTHER INFORMATION CONTACT:
DEPARTMENT OF THE TREASURY
PO 00000
(CCAC) public meeting scheduled for
June 26, 2012.
Sfmt 9990
Andy Fishburn, United States Mint
Liaison to the CCAC, 801 9th Street
NW.; Washington, DC 20220; or call
202–354–7200.
Any member of the public interested
in submitting matters for the CCAC’s
consideration is invited to submit them
by fax to the following number: 202–
756–6525.
Authority: 31 U.S.C. 5135(b)(8)(C).
Dated: June 7, 2012.
David Motl,
Acting Deputy Director, United States Mint.
[FR Doc. 2012–14425 Filed 6–12–12; 8:45 am]
BILLING CODE P
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]]>Agencies
[Federal Register Volume 77, Number 114 (Wednesday, June 13, 2012)]
[Notices]
[Pages 35479-35480]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-14334]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 8881
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
[[Page 35480]]
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 8881, Credit
for Small Employer Pension Plan Startup Costs.
DATES: Written comments should be received on or before August 13, 2012
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: Credit for Small Employer Pension Plan Startup Costs.
OMB Number: 1545-1810.
Form Number: 8881.
Abstract: Qualified small employers use Form 8881 to request a
credit for start up costs related to eligible retirement plans. Form
8881 implements section 45E, which provides a credit based on costs
incurred by an employer in establishing or administering an eligible
employer plan or for the retirement-related education of employees with
respect to the plan. The credit is 50% of the qualified costs for the
tax year, up to a maximum credit of $500 for the first tax year and
each of the two subsequent tax years.
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: 66,667.
Estimated Time per Respondent: 3 hours, 32 minutes.
Estimated Total Annual Burden Hours: 235,335.
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, 2012.
Allan Hopkins,
Tax Analyst.
[FR Doc. 2012-14334 Filed 6-12-12; 8:45 am]
BILLING CODE 4830-01-P
