Submission for OMB Review; Comment Request, 74549-74550 [2012-30207]
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Federal Register / Vol. 77, No. 241 / Friday, December 14, 2012 / Notices
a petition to revoke will not
automatically stay the effectiveness of
the exemption. Petitions to stay must be
filed no later than December 21, 2012 (at
least seven days before the exemption
becomes effective).
An original and 10 copies of all
pleadings, referring to Docket No. FD
35696, must be filed with the Surface
Transportation Board, 395 E Street SW.,
Washington, DC 20423–0001. In
addition, a copy of each pleading must
be served on Daniel A. LaKemper,
General Counsel, Michigan Southern
Railroad Company, 1318 S. Johanson
Road, Peoria, IL 61607.
Board decisions and notices are
available on our Web site at
‘‘www.stb.dot.gov’’.
Decided: December 11, 2012.
By the Board, Rachel D. Campbell,
Director, Office of Proceedings.
Jeffrey Herzig,
Clearance Clerk.
[FR Doc. 2012–30192 Filed 12–13–12; 8:45 am]
BILLING CODE 4915–01–P
DEPARTMENT OF THE TREASURY
Submission for OMB Review;
Comment Request
mstockstill on DSK4VPTVN1PROD with
December 11, 2012.
The Department of the Treasury will
submit the following information
collection request to the Office of
Management and Budget (OMB) for
review and clearance in accordance
with the Paperwork Reduction Act of
1995, Public Law 104–13, on or after the
date of publication of this notice.
DATES: Comments should be received on
or before January 14, 2013 to be assured
of consideration.
ADDRESSES: Send comments regarding
the burden estimate, or any other aspect
of the information collection, including
suggestion for reducing the burden, to
(1) Office of Information and Regulatory
Affairs, Office of Management and
Budget, Attention: Desk Officer for
Treasury, New Executive Office
Building, Room 10235, Washington, DC
20503, or email at
OIRA_Submission@OMB.EOP.GOV and
(2) Treasury PRA Clearance Officer,
1750 Pennsylvania Ave. NW., Suite
8140, Washington, DC 20220, or email
at PRA@treasury.gov.
FOR FURTHER INFORMATION CONTACT:
Copies of the submission(s) may be
obtained by calling (202) 927–5331,
email at PRA@treasury.gov, or the entire
information collection request maybe
found at www.reginfo.gov.
VerDate Mar<15>2010
16:41 Dec 13, 2012
Jkt 229001
Internal Revenue Service (IRS)
OMB Number: 1545–0129.
Type of Review: Extension without
change of a currently approved
collection.
Title: U.S. Income Tax Return for
Certain Political Organizations.
Form: 1120–POL.
Abstract: Certain political
organizations file Form 1120–POL to
report the tax imposed by section 527.
The form is used to designate a
principal business campaign committee
that is subject to a lower rate of tax
under section 527(h). IRS uses Form
1120–POL to determine if the proper tax
was paid.
Affected Public: Private Sector: Notfor-profit institutions.
Estimated Total Burden Hours:
239,150.
OMB Number: 1545–0175.
Type of Review: Extension without
change of a currently approved
collection.
Title: Alternative Minimum TaxCorporations.
Form: 4626.
Abstract: Section 55 of the Internal
Revenue Code imposes an alternative
minimum tax. The tax is 20 percent of
the amount by which a corporation’s
taxable income adjusted by the items
listed in sections 56 and 58, and by the
tax preference items listed in Section
57, exceed an exemption amount. This
result is reduced by the alternative
minimum tax foreign tax credit. If this
result is more than the corporation’s
regular tax liability before all credits
(except the foreign tax and possessions
tax credits), the difference is added to
the tax liability. Form 4626 provides a
line-by-line computation of the
alternative minimum tax.
Affected Public: Private Sector:
Businesses or other for-profits.
Estimated Total Burden Hours:
2,611,200.
OMB Number: 1545–0228.
Type of Review: Extension without
change of a currently approved
collection.
Title: Installment Sale Income.
Form: 6252.
Abstract: Information is needed to
figure and report an installment sale for
a casual or incidental sale of personal
property, and a sale of real property by
someone not in the business of selling
real estate. Data is used to determine
whether the installment sale has been
properly reported and the correct
amount of profit is included in income
on the taxpayer’s return.
Affected Public: Private Sector:
Businesses or other for-profits.
PO 00000
Frm 00096
Fmt 4703
Sfmt 4703
74549
Estimated Total Burden Hours:
1,597,008.
OMB Number: 1545–0712.
Type of Review: Extension without
change of a currently approved
collection.
Title: Risk Limitations.
Form: 6198.
Abstract: IRC section 465 requires
taxpayers to limit their at-risk loss to the
lesser of the loss or their amount at risk.
Form 6198 is used by taxpayers to
determine their deductible loss and by
IRS to verify the amount deducted.
Affected Public: Private Sector:
Businesses or other for-profits.
Estimated Total Burden Hours:
914,419.
OMB Number: 1545–0945.
Type of Review: Extension without
change of a currently approved
collection.
Title: TD 7852—Registration
Requirements with Respect to Debt
Obligations (NPRM, LR–255–82).
Abstract: The rule requires an issuer
of a registration-required obligation and
any person holding the obligation as a
nominee or custodian on behalf of
another to maintain ownership records
in a manner which will permit
examination by the IRS in connection
with enforcement of the Internal
Revenue laws.
Affected Public: Private Sector:
Businesses or other for-profits.
Estimated Total Burden Hours:
50,000.
OMB Number: 1545–0950.
Type of Review: Extension without
change of a currently approved
collection.
Title: Application for Enrollment to
Practice Before the Internal Revenue
Service.
Form: 23, 23–EP.
Abstract: Form 23 must be completed
by those who desire to be enrolled to
practice before the Internal Revenue
Service. The information on the form
will be used by the Director of Practice
to determine the qualifications and
eligibility of applicants for enrollment.
Form 23–EP is the application form for
Enrolled Retirement Plan Agents.
Affected Public: Individuals or
households.
Estimated Total Burden Hours: 1,200.
OMB Number: 1545–1020.
Type of Review: Extension without
change of a currently approved
collection.
Title: Allocation of Estimated Tax
Payments to Beneficiaries.
Form: 1041–T.
Abstract: This form was developed to
allow a trustee of a trust or an executor
E:\FR\FM\14DEN1.SGM
14DEN1
74550
Federal Register / Vol. 77, No. 241 / Friday, December 14, 2012 / Notices
mstockstill on DSK4VPTVN1PROD with
of an estate to make an election under
IRC section 643(g) to allocate any
payment of estimated tax to a
beneficiary(ies). This form serves as a
transmittal so that Service Center
personnel can determine the correct
amounts that are to be transferred from
the fiduciary’s account to the
individual’s account.
Affected Public: Private Sector:
Businesses or other for-profits.
Estimated Total Burden Hours: 900.
OMB Number: 1545–1021.
Type of Review: Extension without
change of a currently approved
collection.
Title: Asset Acquisition Statement.
Form: 8594.
Abstract: Form 8594 is used by the
buyer and seller of assets to which
goodwill or going concern value can
attach to report the allocation of the
purchase price among the transferred
assets.
Affected Public: Private Sector:
Businesses or other for-profits.
Estimated Total Burden Hours:
219,462.
OMB Number: 1545–1538.
VerDate Mar<15>2010
16:41 Dec 13, 2012
Jkt 229001
Type of Review: Extension without
change of a currently approved
collection.
Title: Notice 97–34, Information
Reporting on Transactions With Foreign
Trusts and on Large Foreign Gifts.
Abstract: This notice provides
guidance on the foreign trust and
foreign gift information reporting
provisions contained in the Small
Business Job Protection Act of 1996.
Affected Public: Private Sector:
Businesses or other for-profits.
Estimated Total Burden Hours: 3,750.
OMB Number: 1545–1818.
Type of Review: Extension without
change of a currently approved
collection.
Title: Rev. Proc. 2003–38, Commercial
Revitalization Deduction.
Abstract: Pursuant to Sec. 1400I of the
Internal Revenue Code, this procedure
provides the time and manner for states
to make allocations of commercial
revitalization expenditures to a new or
substantially rehabilitated building that
is placed in service in a renewal
community.
PO 00000
Frm 00097
Fmt 4703
Sfmt 9990
Affected Public: State, Local, and
Tribal Governments.
Estimated Total Burden Hours: 200.
OMB Number: 1545–1844.
Type of Review: Extension without
change of a currently approved
collection.
Title: Agreement to Mediate.
Form: 13369.
Abstract: Fast Track Mediation is a
dispute resolution process designed to
expedite case resolution. In order to
avail themselves of this process,
taxpayers and Compliance must
complete the Agreement to Mediate
once an examination or collection
determination is made. Once signed by
both parties, the Agreement to Mediate
will be forwarded to Appeals to
schedule a mediation session.
Affected Public: Individuals or
households.
Estimated Total Burden Hours: 15.
Dawn D. Wolfgang,
Treasury PRA Clearance Officer.
[FR Doc. 2012–30207 Filed 12–13–12; 8:45 am]
BILLING CODE 4830–01–P
E:\FR\FM\14DEN1.SGM
14DEN1
]]>Agencies
[Federal Register Volume 77, Number 241 (Friday, December 14, 2012)]
[Notices]
[Pages 74549-74550]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-30207]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Submission for OMB Review; Comment Request
December 11, 2012.
The Department of the Treasury will submit the following
information collection request to the Office of Management and Budget
(OMB) for review and clearance in accordance with the Paperwork
Reduction Act of 1995, Public Law 104-13, on or after the date of
publication of this notice.
DATES: Comments should be received on or before January 14, 2013 to be
assured of consideration.
ADDRESSES: Send comments regarding the burden estimate, or any other
aspect of the information collection, including suggestion for reducing
the burden, to (1) Office of Information and Regulatory Affairs, Office
of Management and Budget, Attention: Desk Officer for Treasury, New
Executive Office Building, Room 10235, Washington, DC 20503, or email
at OIRA_Submission@OMB.EOP.GOV and (2) Treasury PRA Clearance Officer,
1750 Pennsylvania Ave. NW., Suite 8140, Washington, DC 20220, or email
at PRA@treasury.gov.
FOR FURTHER INFORMATION CONTACT: Copies of the submission(s) may be
obtained by calling (202) 927-5331, email at PRA@treasury.gov, or the
entire information collection request maybe found at www.reginfo.gov.
Internal Revenue Service (IRS)
OMB Number: 1545-0129.
Type of Review: Extension without change of a currently approved
collection.
Title: U.S. Income Tax Return for Certain Political Organizations.
Form: 1120-POL.
Abstract: Certain political organizations file Form 1120-POL to
report the tax imposed by section 527. The form is used to designate a
principal business campaign committee that is subject to a lower rate
of tax under section 527(h). IRS uses Form 1120-POL to determine if the
proper tax was paid.
Affected Public: Private Sector: Not-for-profit institutions.
Estimated Total Burden Hours: 239,150.
OMB Number: 1545-0175.
Type of Review: Extension without change of a currently approved
collection.
Title: Alternative Minimum Tax-Corporations.
Form: 4626.
Abstract: Section 55 of the Internal Revenue Code imposes an
alternative minimum tax. The tax is 20 percent of the amount by which a
corporation's taxable income adjusted by the items listed in sections
56 and 58, and by the tax preference items listed in Section 57, exceed
an exemption amount. This result is reduced by the alternative minimum
tax foreign tax credit. If this result is more than the corporation's
regular tax liability before all credits (except the foreign tax and
possessions tax credits), the difference is added to the tax liability.
Form 4626 provides a line-by-line computation of the alternative
minimum tax.
Affected Public: Private Sector: Businesses or other for-profits.
Estimated Total Burden Hours: 2,611,200.
OMB Number: 1545-0228.
Type of Review: Extension without change of a currently approved
collection.
Title: Installment Sale Income.
Form: 6252.
Abstract: Information is needed to figure and report an installment
sale for a casual or incidental sale of personal property, and a sale
of real property by someone not in the business of selling real estate.
Data is used to determine whether the installment sale has been
properly reported and the correct amount of profit is included in
income on the taxpayer's return.
Affected Public: Private Sector: Businesses or other for-profits.
Estimated Total Burden Hours: 1,597,008.
OMB Number: 1545-0712.
Type of Review: Extension without change of a currently approved
collection.
Title: Risk Limitations.
Form: 6198.
Abstract: IRC section 465 requires taxpayers to limit their at-risk
loss to the lesser of the loss or their amount at risk. Form 6198 is
used by taxpayers to determine their deductible loss and by IRS to
verify the amount deducted.
Affected Public: Private Sector: Businesses or other for-profits.
Estimated Total Burden Hours: 914,419.
OMB Number: 1545-0945.
Type of Review: Extension without change of a currently approved
collection.
Title: TD 7852--Registration Requirements with Respect to Debt
Obligations (NPRM, LR-255-82).
Abstract: The rule requires an issuer of a registration-required
obligation and any person holding the obligation as a nominee or
custodian on behalf of another to maintain ownership records in a
manner which will permit examination by the IRS in connection with
enforcement of the Internal Revenue laws.
Affected Public: Private Sector: Businesses or other for-profits.
Estimated Total Burden Hours: 50,000.
OMB Number: 1545-0950.
Type of Review: Extension without change of a currently approved
collection.
Title: Application for Enrollment to Practice Before the Internal
Revenue Service.
Form: 23, 23-EP.
Abstract: Form 23 must be completed by those who desire to be
enrolled to practice before the Internal Revenue Service. The
information on the form will be used by the Director of Practice to
determine the qualifications and eligibility of applicants for
enrollment. Form 23-EP is the application form for Enrolled Retirement
Plan Agents.
Affected Public: Individuals or households.
Estimated Total Burden Hours: 1,200.
OMB Number: 1545-1020.
Type of Review: Extension without change of a currently approved
collection.
Title: Allocation of Estimated Tax Payments to Beneficiaries.
Form: 1041-T.
Abstract: This form was developed to allow a trustee of a trust or
an executor
[[Page 74550]]
of an estate to make an election under IRC section 643(g) to allocate
any payment of estimated tax to a beneficiary(ies). This form serves as
a transmittal so that Service Center personnel can determine the
correct amounts that are to be transferred from the fiduciary's account
to the individual's account.
Affected Public: Private Sector: Businesses or other for-profits.
Estimated Total Burden Hours: 900.
OMB Number: 1545-1021.
Type of Review: Extension without change of a currently approved
collection.
Title: Asset Acquisition Statement.
Form: 8594.
Abstract: Form 8594 is used by the buyer and seller of assets to
which goodwill or going concern value can attach to report the
allocation of the purchase price among the transferred assets.
Affected Public: Private Sector: Businesses or other for-profits.
Estimated Total Burden Hours: 219,462.
OMB Number: 1545-1538.
Type of Review: Extension without change of a currently approved
collection.
Title: Notice 97-34, Information Reporting on Transactions With
Foreign Trusts and on Large Foreign Gifts.
Abstract: This notice provides guidance on the foreign trust and
foreign gift information reporting provisions contained in the Small
Business Job Protection Act of 1996.
Affected Public: Private Sector: Businesses or other for-profits.
Estimated Total Burden Hours: 3,750.
OMB Number: 1545-1818.
Type of Review: Extension without change of a currently approved
collection.
Title: Rev. Proc. 2003-38, Commercial Revitalization Deduction.
Abstract: Pursuant to Sec. 1400I of the Internal Revenue Code, this
procedure provides the time and manner for states to make allocations
of commercial revitalization expenditures to a new or substantially
rehabilitated building that is placed in service in a renewal
community.
Affected Public: State, Local, and Tribal Governments.
Estimated Total Burden Hours: 200.
OMB Number: 1545-1844.
Type of Review: Extension without change of a currently approved
collection.
Title: Agreement to Mediate.
Form: 13369.
Abstract: Fast Track Mediation is a dispute resolution process
designed to expedite case resolution. In order to avail themselves of
this process, taxpayers and Compliance must complete the Agreement to
Mediate once an examination or collection determination is made. Once
signed by both parties, the Agreement to Mediate will be forwarded to
Appeals to schedule a mediation session.
Affected Public: Individuals or households.
Estimated Total Burden Hours: 15.
Dawn D. Wolfgang,
Treasury PRA Clearance Officer.
[FR Doc. 2012-30207 Filed 12-13-12; 8:45 am]
BILLING CODE 4830-01-P
