Proposed Collection; Comment Request, 63925-63926 [2012-25180]
Download as PDF
<![CDATA[
mstockstill on DSK4VPTVN1PROD with NOTICES
Federal Register / Vol. 77, No. 201 / Wednesday, October 17, 2012 / Notices
transactions under Internal Revenue
Code section 1031. It is also used to
report the deferral of gain under Code
section 1043 from conflict-of-interest
sales by certain members of the
executive branch of the Federal
government.
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 and business or other forprofit organizations.
Estimated Number of Respondents:
53,490.
Estimated Number of Respondent: 15
hours, 46 minutes.
Estimated Total Annual Burden
Hours: 834,979.
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: October 10, 2012.
Allan Hopkins,
Tax Analyst.
[FR Doc. 2012–25473 Filed 10–16–12; 8:45 am]
BILLING CODE 4830–01–P
VerDate Mar<15>2010
18:49 Oct 16, 2012
Jkt 229001
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed 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)). Currently, the IRS is
soliciting comments concerning Form
5304–SIMPLE, Savings Incentive Match
Plan for Employees of Small Employers
(SIMPLE)—Not for Use With a
Designated Financial Institution; Form
5305–SIMPLE, Savings Incentive Match
Plan for Employees of Small Employers
(SIMPLE)—for Use With a Designated
Financial Institution; Notice 98–4,
Simple IRA Plan Guidance.
DATES: Written comments should be
received on or before December 17, 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 forms, instructions, and
notice should be directed to Allan
Hopkins, (202) 622–6665, Internal
Revenue Service, room 6129, 1111
Constitution Avenue NW., Washington,
DC 20224, or through the Internet at
Allan.M.Hopkins@irs.gov.
SUMMARY:
SUPPLEMENTARY INFORMATION:
Title: Form 5304–SIMPLE, Savings
Incentive Match Plan for Employees of
Small Employers (SIMPLE)—Not for
Use With a Designated Financial
Institution, Form 5304–SIMPLE;
Savings Incentive Match Plan for
Employees of Small Employers
(SIMPLE)—for Use With a Designated
Financial Institution, Form 5305–
SIMPLE; SIMPLE IRA Plan Guidance
(Notice 98–4).
OMB Number: 1545–1502.
Form Number: Form 5304–SIMPLE,
Form 5305–SIMPLE, and Notice 98–4.
Abstract: Form 5304–SIMPLE is a
model SIMPLE IRA agreement that was
created to be used by an employer to
permit employees who are not using a
PO 00000
Frm 00140
Fmt 4703
Sfmt 4703
63925
designated financial institution to make
salary reduction contributions to a
SIMPLE IRA described in Internal
Revenue Code section 408(p). Form
5305–SIMPLE is also a model SIMPLE
IRA agreement, but it is for use with a
designated financial institution. Notice
98–4 provides guidance for employers
and trustees regarding how they can
comply with the requirements of Code
section 408(p) in establishing and
maintaining a SIMPLE IRA, including
information regarding the notification
and reporting requirements under Code
section 408.
Current Actions: There are no changes
for the forms at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations not-for-profit
institutions, and individuals.
Estimated Number of Respondents:
600,000.
Estimated Time per Respondent: 3
hours, 31 minutes.
Estimated Total Annual Burden
Hours: 2,113,000.
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 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.
E:\FR\FM\17OCN1.SGM
17OCN1
63926
Federal Register / Vol. 77, No. 201 / Wednesday, October 17, 2012 / Notices
Approved: September 28, 2012.
Yvette Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2012–25180 Filed 10–16–12; 8:45 am]
mstockstill on DSK4VPTVN1PROD with NOTICES
BILLING CODE 4830–01–P
VerDate Mar<15>2010
18:49 Oct 16, 2012
Jkt 229001
PO 00000
Frm 00141
Fmt 4703
Sfmt 9990
E:\FR\FM\17OCN1.SGM
17OCN1
]]>Agencies
[Federal Register Volume 77, Number 201 (Wednesday, October 17, 2012)]
[Notices]
[Pages 63925-63926]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-25180]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed 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)). Currently, the IRS is soliciting comments concerning
Form 5304-SIMPLE, Savings Incentive Match Plan for Employees of Small
Employers (SIMPLE)--Not for Use With a Designated Financial
Institution; Form 5305-SIMPLE, Savings Incentive Match Plan for
Employees of Small Employers (SIMPLE)--for Use With a Designated
Financial Institution; Notice 98-4, Simple IRA Plan Guidance.
DATES: Written comments should be received on or before December 17,
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 forms, instructions, and notice should be directed to
Allan Hopkins, (202) 622-6665, 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 5304-SIMPLE, Savings Incentive Match Plan for Employees
of Small Employers (SIMPLE)--Not for Use With a Designated Financial
Institution, Form 5304-SIMPLE; Savings Incentive Match Plan for
Employees of Small Employers (SIMPLE)--for Use With a Designated
Financial Institution, Form 5305-SIMPLE; SIMPLE IRA Plan Guidance
(Notice 98-4).
OMB Number: 1545-1502.
Form Number: Form 5304-SIMPLE, Form 5305-SIMPLE, and Notice 98-4.
Abstract: Form 5304-SIMPLE is a model SIMPLE IRA agreement that was
created to be used by an employer to permit employees who are not using
a designated financial institution to make salary reduction
contributions to a SIMPLE IRA described in Internal Revenue Code
section 408(p). Form 5305-SIMPLE is also a model SIMPLE IRA agreement,
but it is for use with a designated financial institution. Notice 98-4
provides guidance for employers and trustees regarding how they can
comply with the requirements of Code section 408(p) in establishing and
maintaining a SIMPLE IRA, including information regarding the
notification and reporting requirements under Code section 408.
Current Actions: There are no changes for the forms at this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations not-
for-profit institutions, and individuals.
Estimated Number of Respondents: 600,000.
Estimated Time per Respondent: 3 hours, 31 minutes.
Estimated Total Annual Burden Hours: 2,113,000.
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 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.
[[Page 63926]]
Approved: September 28, 2012.
Yvette Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2012-25180 Filed 10-16-12; 8:45 am]
BILLING CODE 4830-01-P
