Proposed Information Collection; Comment Request, 37099-37101 [2012-14978]
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Federal Register / Vol. 77, No. 119 / Wednesday, June 20, 2012 / Notices
through the internet at RJoseph.
Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Return for Credit Payments to
Issuers of Qualified Bonds.
OMB Number: 1545–2142.
Form Number: Form 8038–CP.
Abstract: Form 8038–CP, Return for
Credit Payments to Issuers of Qualified
Bonds, was developed to carry out the
provisions of the American Recovery
and Reinvestment Act of 2009. It
provides State and local governments
with the option of issuing a tax credit
bond instead of a tax-exempt
governmental obligation bond. The bill
gives state and local governments the
option to receive a direct payment from
the Federal government equal to a
subsidy that would have been received
through the Federal tax credit for bonds.
Current Actions: Form 8038–CP is
used by issuers of build America bonds,
recovery zone economic development
bonds, and specified tax credit bonds
who elect to receive a direct payment
from the Federal Government equal to a
percentage of the interest payments on
these bonds. Changes were made to the
form to comply with the current
regulations. For specific tax credit
bonds with mutual bond maturities, the
refundable credit is determined
separately for each maturity. As a result
of the changes, the total estimated
annual burden is projected to increase
by 112,000 hours. This form is being
submitted for renewal purposes only.
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses and other
for-profit organizations, Farms.
Estimated Number of Respondents:
500.
Estimated Time per Respondent: 12
hours 20 minutes.
Estimated Total Annual Burden
Hours: 246,600.
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
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16:14 Jun 19, 2012
Jkt 226001
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 4, 2012.
Gerald G. Shields,
IRS Reports Clearance Officer.
[FR Doc. 2012–14844 Filed 6–19–12; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Information Collection;
Comment Request
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)).
SUMMARY:
Written comments should be
received on or before August 20, 2012
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.
Please send separate comments for
each specific information collection
listed below. You must reference the
information collection’s title, form
number, reporting or record-keeping
requirement number, and OMB number
(if any) in your comment.
FOR FURTHER INFORMATION CONTACT: To
obtain additional information, or copies
of the information collection and
instructions, or copies of any comments
received, contact Elaine Christophe, at
DATES:
PO 00000
Frm 00118
Fmt 4703
Sfmt 4703
37099
(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:
Request for Comments
The Department of the Treasury and
the Internal Revenue Service, as part of
their continuing effort to reduce
paperwork and respondent burden,
invite the general public and other
Federal agencies to take this
opportunity to comment on the
proposed or continuing information
collections listed below in this notice,
as required by the Paperwork Reduction
Act of 1995, (44 U.S.C. 3501 et seq.).
Request for Comments: Comments
submitted in response to this notice will
be summarized and/or included in our
request for Office of Management and
Budget (OMB) approval of the relevant
information collection. All comments
will become a matter of public record.
Please do not include any confidential
or inappropriate material in your
comments.
We invite comments on: (a) Whether
the collection of information is
necessary for the proper performance of
the agency’s functions, including
whether the information has 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
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 the requested information.
Information Collections Open for
Comment
Currently, the IRS is seeking
comments concerning the following
forms, and reporting and record-keeping
requirements:
Title: Section 6662—Imposition of the
Accuracy-Related Penalty.
OMB Number: 1545–1426.
Regulation Project Number: INTL–21–
91 (TD 8656).
Abstract: These regulations provide
guidance on the accuracy-related
penalty imposed on underpayments of
tax caused by substantial and gross
valuation misstatements as defined in
Internal Revenue Code sections 6662(e)
and 6662(h). Under section 1.6662–6(d)
of the regulations, an amount is
excluded from the penalty if certain
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37100
Federal Register / Vol. 77, No. 119 / Wednesday, June 20, 2012 / Notices
requirements are met and a taxpayer
maintains documentation of how a
transfer price was determined for a
transaction subject to Code section 482.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
2,500.
Estimated Time per Respondent: 8
hours, 3 minutes.
Estimated Total Annual Burden
Hours: 20,125.
Title: Timely Mailing Treated as
Timely Filing.
OMB Number: 1545–1535.
Form Number: Revenue Procedure
97–19.
Abstract: Procedure 97–19 provides
the criteria that will be used by the IRS
to determine whether a private delivery
service qualifies as a designated Private
Delivery Service under section 7502 of
the Internal Revenue Code.
Current Actions: There is no change
in the paperwork burden previously
approved by OMB. This form is being
submitted for renewal purposes only.
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses and other
for-profit organizations.
Estimated Number of Respondents:
17.
Estimated Time per Respondent: 180
hours 31 minutes.
Estimated Total Annual Burden
Hours: 3,069.
Title: Employee Plans Compliance
Resolution System.
OMB Number: 1545–1673.
Revenue Procedure Number: Revenue
Procedure 2008–50.
Abstract: The information requested
in Revenue Procedure 2008–50 is
required to enable the Internal Revenue
Service to make determinations
regarding the issuance of various types
of closing agreements and compliance
statements. The issuance of closing
agreements and compliance statements
allows individual plans to continue to
maintain their tax-qualified status. As a
result, the favorable tax treatment of the
benefits of the eligible employees is
retained.
Current Actions: There are no changes
being made to this revenue procedure at
this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals, business
or other for-profit organizations, not-forprofit institutions, and state, local or
tribal governments.
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Estimated Number of Respondents:
19,434.
Estimated Time per Respondent: 3
hours, 55 minutes.
Estimated Total Annual Burden
Hours: 76,222.
Title: New Markets Credit.
OMB Number: 1545–1804.
Form Number: Form 8874.
Abstract: Investors to claim a credit
for equity investments made in
Qualified Community Development
Entities use Form 8874.
Current Actions: There is no change
in the paperwork burden previously
approved by OMB. This form is being
submitted for renewal purposes only.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals or
households, and business or other forprofit organizations.
Estimated Number of Respondents:
6,666.
Estimated Time per Respondent: 4
hours, 52 minutes.
Estimated Total Annual Burden
Hours: 32,464.
Title: Supplemental Income and Loss.
OMB Number: 1545–1972.
Form Number: Schedule E (Form
1040).
Abstract: Schedule E (Form 1040) is
used by individuals to report their
Supplemental Income. The data is used
to verify that the items reported on the
form are correct and also for general
statistical use.
Current Actions: There is no change
in the paperwork burden previously
approved by OMB.
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses and other
for-profit organizations.
Estimated Number of Respondents:
45,463.
Estimated Time per Respondent: 6
hours 15 minutes.
Estimated Total Annual Burden
Hours: 284,144.
Title: Profit or Loss From Farming.
OMB Number: 1545–1975.
Form Number: Schedule F (Form
1040).
Abstract: Schedule F (Form 1040) is
used by individuals to report their Farm
Income and expenses. The data is used
to verify that the items reported on the
form are correct and also for general
statistical use.
Current Actions: There is no change
in the paperwork burden previously
approved by OMB. This form is being
submitted for renewal purposes only.
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses and other
for-profit organizations, Farming.
PO 00000
Frm 00119
Fmt 4703
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Estimated Number of Respondents:
1,323,640.
Estimated Time per Respondent: 8
hours 30 minutes.
Estimated Total Annual Burden
Hours: 11,250,940.
Title: Industry Issue Program.
OMB Number: 1545–1837.
Revenue Procedure Number: Revenue
Procedure 2003–36.
Abstract: Revenue Procedure 2003–36
describes the procedures for business
taxpayers, industry associations, and
others representing business taxpayers
to submit issues for resolution under the
IRS’s Industry Issues Resolution
Program.
Current Actions: There are no changes
being made to the revenue procedure at
this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
50.
Estimated Average Time per
Respondent: 40 hours.
Estimated Total Annual Reporting
Burden: 2,000 hours.
Title: Alternative Motor Vehicle
Credit.
OMB Number: 1545–1998.
Form Number: 8910.
Abstract: Taxpayers will file Form
8910 to claim the credit for certain
alternative motor vehicles placed in
service after 2005.
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: Individuals or
households, Business or other for-profit
organizations, Not-for-profit
institutions, farms, Federal Government
and State, Local or Tribal Government.
Estimated Number of Respondents:
10,000.
Estimated Time per Respondent: 8
hours, 58 minutes.
Estimated Total Annual Burden
Hours: 88,700.
Title: Qualifying Advanced Coal
Project Program.
OMB Number: 1545–2003.
Form Number: Notice 2006–24.
Abstract: This notice establishes the
qualifying advanced coal project
program under § 48A of the Internal
Revenue Code. The notice provides the
time and manner for a taxpayer to apply
for an allocation of qualifying advanced
coal project credits and, once the
taxpayer has received this allocation,
the time and manner for the taxpayer to
file for a certification of its qualifying
advanced coal project.
E:\FR\FM\20JNN1.SGM
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Federal Register / Vol. 77, No. 119 / Wednesday, June 20, 2012 / Notices
Current Actions: There are no changes
to the total burden being made at this
point in time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses and other
for-profit organizations.
Estimated Number of Respondents:
45.
Estimated Time per Respondent: 110
hours.
Estimated Total Annual Burden
Hours: 4,950.
Title: Certification of Intent To Adopt
a Pre-approved Plan.
OMB Number: 1545–2011.
Form Number: Form 8905.
Abstract: Use Form 8905 to treat an
employer’s plan as a pre-approved plan
and therefore eligible for the six-year
remedial amendment cycle of Part IV of
Revenue Procedure 2005–66, 2005–37.
This form is filed with other
document(s).
Current Actions: There is no change
in the paperwork burden previously
approved by OMB. This form is being
submitted for renewal purposes only.
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses and other
for-profit organizations, Farms.
Estimated Number of Respondents:
29,000.
Estimated Time per Respondent: 2
hours 50 minutes.
Estimated Total Annual Burden
Hours: 82,360.
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.
Approved: June 11, 2012.
Yvette B. Lawrence,
IRS Reports Clearance Officer.
BILLING CODE 4830–01–P
mstockstill on DSK4VPTVN1PROD with NOTICES
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Open Meeting of the Taxpayer
Advocacy Panel Bankruptcy
Compliance Project Committee
Internal Revenue Service (IRS),
Treasury.
VerDate Mar<15>2010
16:14 Jun 19, 2012
Jkt 226001
Notice of meeting.
Notice is
hereby given pursuant to Section
10(a)(2) of the Federal Advisory
Committee Act, 5 U.S.C. App. (1988)
that a meeting of the Taxpayer
Advocacy Panel Face-to-Face Service
Methods Project Committee will be held
Tuesday, July 10, 2012, at 2 p.m. Eastern
Time via telephone conference. The
public is invited to make oral comments
or submit written statements for
consideration. Due to limited
conference lines, notification of intent
to participate must be made with Donna
Powers. For more information please
contact Ms. Powers at 1–888–912–1227
or 954–423–7977, or write TAP Office,
1000 South Pine Island Road, Suite 340,
Plantation, FL 33324, or contact us at
the Web site: https://www.improveirs.org.
The agenda will include various IRS
Issues
SUPPLEMENTARY INFORMATION:
An open meeting of the
Taxpayer Advocacy Panel Bankruptcy
Compliance Project Committee will be
conducted. The Taxpayer Advocacy
Panel is soliciting public comments,
ideas, and suggestions on improving
customer service at the Internal Revenue
Service.
DATES: The meeting will be held
Tuesday, July 10, 2012.
FOR FURTHER INFORMATION CONTACT:
Timothy Shepard at 1–888–912–1227 or
206–220–6095.
SUPPLEMENTARY INFORMATION: Notice is
hereby given pursuant to Section
10(a)(2) of the Federal Advisory
Committee Act, 5 U.S.C. App. (1988)
that a meeting of the Taxpayer
Advocacy Panel Bankruptcy
Compliance Project Committee will be
held Tuesday, July 10, 2012, at 9 a.m.
Pacific Time via telephone conference.
The public is invited to make oral
comments or submit written statements
for consideration. Due to limited
conference lines, notification of intent
to participate must be made with
Timothy Shepard. For more information
please contact Mr. Shepard at 1–888–
912–1227 or 206–220–6095, or write
TAP Office, 915 2nd Avenue, MS W–
406, Seattle, WA 98174, or contact us at
the Web site: https://www.improveirs.org.
The agenda will include various IRS
Issues
SUMMARY:
Dated: June 13, 2012.
Louis Morizio,
Acting Director, Taxpayer Advocacy Panel.
[FR Doc. 2012–14963 Filed 6–19–12; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Open Meeting of the Taxpayer
Advocacy Panel Refund Processing
Communications Project Committee
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice of meeting.
Dated: June 13, 2012.
Louis Morizio,
Acting Director, Taxpayer Advocacy Panel.
AGENCY:
[FR Doc. 2012–14960 Filed 6–19–12; 8:45 am]
SUMMARY:
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Open Meeting of the Taxpayer
Advocacy Panel Face-to-Face Service
Methods Project Committee
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice of meeting.
AGENCY:
An open meeting of the
Taxpayer Advocacy Panel Face-to-Face
Service Methods Project Committee will
be conducted. The Taxpayer Advocacy
Panel is soliciting public comments,
ideas, and suggestions on improving
customer service at the Internal Revenue
Service.
DATES: The meeting will be held
Tuesday, July 10, 2012.
FOR FURTHER INFORMATION CONTACT:
Donna Powers at 1–888–912–1227 or
954–423–7977.
SUMMARY:
[FR Doc. 2012–14978 Filed 6–19–12; 8:45 am]
AGENCY:
ACTION:
37101
PO 00000
Frm 00120
Fmt 4703
Sfmt 4703
An open meeting of the
Taxpayer Advocacy Panel Refund
Processing Communications Project
Committee will be conducted. The
Taxpayer Advocacy Panel is soliciting
public comments, ideas, and
suggestions on improving customer
service at the Internal Revenue Service.
DATES: The meeting will be held
Thursday, July 12, 2012.
FOR FURTHER INFORMATION CONTACT:
Ellen Smiley at 1–888–912–1227 or
414–231–2360.
SUPPLEMENTARY INFORMATION: Notice is
hereby given pursuant to Section
10(a)(2) of the Federal Advisory
Committee Act, 5 U.S.C. App. (1988)
that an open meeting of the Taxpayer
Advocacy Panel Refund Processing
Communications Project Committee will
be held Thursday, July 12, 2012 at 3
p.m. Eastern Time via telephone
conference. The public is invited to
make oral comments or submit written
statements for consideration. Due to
limited conference lines, notification of
intent to participate must be made with
E:\FR\FM\20JNN1.SGM
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]]>Agencies
[Federal Register Volume 77, Number 119 (Wednesday, June 20, 2012)]
[Notices]
[Pages 37099-37101]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-14978]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Information Collection; Comment Request
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)).
DATES: Written comments should be received on or before August 20, 2012
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.
Please send separate comments for each specific information
collection listed below. You must reference the information
collection's title, form number, reporting or record-keeping
requirement number, and OMB number (if any) in your comment.
FOR FURTHER INFORMATION CONTACT: To obtain additional information, or
copies of the information collection and instructions, or copies of any
comments received, contact Elaine Christophe, at (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:
Request for Comments
The Department of the Treasury and the Internal Revenue Service, as
part of their continuing effort to reduce paperwork and respondent
burden, invite the general public and other Federal agencies to take
this opportunity to comment on the proposed or continuing information
collections listed below in this notice, as required by the Paperwork
Reduction Act of 1995, (44 U.S.C. 3501 et seq.).
Request for Comments: Comments submitted in response to this notice
will be summarized and/or included in our request for Office of
Management and Budget (OMB) approval of the relevant information
collection. All comments will become a matter of public record. Please
do not include any confidential or inappropriate material in your
comments.
We invite comments on: (a) Whether the collection of information is
necessary for the proper performance of the agency's functions,
including whether the information has 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 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 the
requested information.
Information Collections Open for Comment
Currently, the IRS is seeking comments concerning the following
forms, and reporting and record-keeping requirements:
Title: Section 6662--Imposition of the Accuracy-Related Penalty.
OMB Number: 1545-1426.
Regulation Project Number: INTL-21-91 (TD 8656).
Abstract: These regulations provide guidance on the accuracy-
related penalty imposed on underpayments of tax caused by substantial
and gross valuation misstatements as defined in Internal Revenue Code
sections 6662(e) and 6662(h). Under section 1.6662-6(d) of the
regulations, an amount is excluded from the penalty if certain
[[Page 37100]]
requirements are met and a taxpayer maintains documentation of how a
transfer price was determined for a transaction subject to Code section
482.
Current Actions: There is no change to this existing regulation.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations.
Estimated Number of Respondents: 2,500.
Estimated Time per Respondent: 8 hours, 3 minutes.
Estimated Total Annual Burden Hours: 20,125.
Title: Timely Mailing Treated as Timely Filing.
OMB Number: 1545-1535.
Form Number: Revenue Procedure 97-19.
Abstract: Procedure 97-19 provides the criteria that will be used
by the IRS to determine whether a private delivery service qualifies as
a designated Private Delivery Service under section 7502 of the
Internal Revenue Code.
Current Actions: There is no change in the paperwork burden
previously approved by OMB. This form is being submitted for renewal
purposes only.
Type of Review: Extension of a currently approved collection.
Affected Public: Businesses and other for-profit organizations.
Estimated Number of Respondents: 17.
Estimated Time per Respondent: 180 hours 31 minutes.
Estimated Total Annual Burden Hours: 3,069.
Title: Employee Plans Compliance Resolution System.
OMB Number: 1545-1673.
Revenue Procedure Number: Revenue Procedure 2008-50.
Abstract: The information requested in Revenue Procedure 2008-50 is
required to enable the Internal Revenue Service to make determinations
regarding the issuance of various types of closing agreements and
compliance statements. The issuance of closing agreements and
compliance statements allows individual plans to continue to maintain
their tax-qualified status. As a result, the favorable tax treatment of
the benefits of the eligible employees is retained.
Current Actions: There are no changes being made to this revenue
procedure at this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals, business or other for-profit
organizations, not-for-profit institutions, and state, local or tribal
governments.
Estimated Number of Respondents: 19,434.
Estimated Time per Respondent: 3 hours, 55 minutes.
Estimated Total Annual Burden Hours: 76,222.
Title: New Markets Credit.
OMB Number: 1545-1804.
Form Number: Form 8874.
Abstract: Investors to claim a credit for equity investments made
in Qualified Community Development Entities use Form 8874.
Current Actions: There is no change in the paperwork burden
previously approved by OMB. This form is being submitted for renewal
purposes only.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals or households, and business or other
for-profit organizations.
Estimated Number of Respondents: 6,666.
Estimated Time per Respondent: 4 hours, 52 minutes.
Estimated Total Annual Burden Hours: 32,464.
Title: Supplemental Income and Loss.
OMB Number: 1545-1972.
Form Number: Schedule E (Form 1040).
Abstract: Schedule E (Form 1040) is used by individuals to report
their Supplemental Income. The data is used to verify that the items
reported on the form are correct and also for general statistical use.
Current Actions: There is no change in the paperwork burden
previously approved by OMB.
Type of Review: Extension of a currently approved collection.
Affected Public: Businesses and other for-profit organizations.
Estimated Number of Respondents: 45,463.
Estimated Time per Respondent: 6 hours 15 minutes.
Estimated Total Annual Burden Hours: 284,144.
Title: Profit or Loss From Farming.
OMB Number: 1545-1975.
Form Number: Schedule F (Form 1040).
Abstract: Schedule F (Form 1040) is used by individuals to report
their Farm Income and expenses. The data is used to verify that the
items reported on the form are correct and also for general statistical
use.
Current Actions: There is no change in the paperwork burden
previously approved by OMB. This form is being submitted for renewal
purposes only.
Type of Review: Extension of a currently approved collection.
Affected Public: Businesses and other for-profit organizations,
Farming.
Estimated Number of Respondents: 1,323,640.
Estimated Time per Respondent: 8 hours 30 minutes.
Estimated Total Annual Burden Hours: 11,250,940.
Title: Industry Issue Program.
OMB Number: 1545-1837.
Revenue Procedure Number: Revenue Procedure 2003-36.
Abstract: Revenue Procedure 2003-36 describes the procedures for
business taxpayers, industry associations, and others representing
business taxpayers to submit issues for resolution under the IRS's
Industry Issues Resolution Program.
Current Actions: There are no changes being made to the revenue
procedure at this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations.
Estimated Number of Respondents: 50.
Estimated Average Time per Respondent: 40 hours.
Estimated Total Annual Reporting Burden: 2,000 hours.
Title: Alternative Motor Vehicle Credit.
OMB Number: 1545-1998.
Form Number: 8910.
Abstract: Taxpayers will file Form 8910 to claim the credit for
certain alternative motor vehicles placed in service after 2005.
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: Individuals or households, Business or other for-
profit organizations, Not-for-profit institutions, farms, Federal
Government and State, Local or Tribal Government.
Estimated Number of Respondents: 10,000.
Estimated Time per Respondent: 8 hours, 58 minutes.
Estimated Total Annual Burden Hours: 88,700.
Title: Qualifying Advanced Coal Project Program.
OMB Number: 1545-2003.
Form Number: Notice 2006-24.
Abstract: This notice establishes the qualifying advanced coal
project program under Sec. 48A of the Internal Revenue Code. The
notice provides the time and manner for a taxpayer to apply for an
allocation of qualifying advanced coal project credits and, once the
taxpayer has received this allocation, the time and manner for the
taxpayer to file for a certification of its qualifying advanced coal
project.
[[Page 37101]]
Current Actions: There are no changes to the total burden being
made at this point in time.
Type of Review: Extension of a currently approved collection.
Affected Public: Businesses and other for-profit organizations.
Estimated Number of Respondents: 45.
Estimated Time per Respondent: 110 hours.
Estimated Total Annual Burden Hours: 4,950.
Title: Certification of Intent To Adopt a Pre-approved Plan.
OMB Number: 1545-2011.
Form Number: Form 8905.
Abstract: Use Form 8905 to treat an employer's plan as a pre-
approved plan and therefore eligible for the six-year remedial
amendment cycle of Part IV of Revenue Procedure 2005-66, 2005-37. This
form is filed with other document(s).
Current Actions: There is no change in the paperwork burden
previously approved by OMB. This form is being submitted for renewal
purposes only.
Type of Review: Extension of a currently approved collection.
Affected Public: Businesses and other for-profit organizations,
Farms.
Estimated Number of Respondents: 29,000.
Estimated Time per Respondent: 2 hours 50 minutes.
Estimated Total Annual Burden Hours: 82,360.
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.
Approved: June 11, 2012.
Yvette B. Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2012-14978 Filed 6-19-12; 8:45 am]
BILLING CODE 4830-01-P
