Proposed Collection; Comment Request for Form 4952, 29205-29206 [2013-11744]

Download as PDF Federal Register / Vol. 78, No. 96 / Friday, May 17, 2013 / Notices states and 67 different transit agencies in both urban and rural settings. The information that’s currently being collected for this program is submitted as part of the Project Management reporting requirements for TIGGER. The collection of Project Management information provides documentation that the recipients of TIGGER funds are meeting program objectives and are complying with FTA Circular 5010.1D, ‘‘Grant Management Requirements’’ and other federal requirements. To meet the requirements of the ARRA, FTA originally requested an emergency approval from OMB to collect information for the TIGGER Program. OMB approved FTA’s emergency request for approval on March 10, 2009. FTA published a Federal Register notice for Announcement of Project Selections for each NOFA in consecutive FY, 2009, 2010, and 2011, identifying program recipients. Respondents: State and local government agencies. Estimated Annual Burden on Respondents: 196 hours for each of the respondents. Estimated Total Annual Burden: 17,052 hours. Frequency: Annual. Issued: May 14, 2013. Matthew M. Crouch, Deputy Associate Administrator for Administration. [FR Doc. 2013–11791 Filed 5–16–13; 8:45 am] BILLING CODE 4910–57–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 926 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 926, Return by a U.S. Transferor of Property to a Foreign Corporation, Foreign Estate or Trust, or Foreign Partnership. wreier-aviles on DSK5TPTVN1PROD with NOTICES SUMMARY: VerDate Mar<15>2010 15:20 May 16, 2013 Jkt 229001 29205 Written comments should be received on or before July 16, 2013 to be assured of consideration. ADDRESSES: Direct all written comments to R. Joseph Durbala, 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 Katherine Dean, at (202) 622–3186, or at Internal Revenue Service, Room 6242, 1111 Constitution Avenue NW., Washington, DC 20224, or through the internet, at Katherine.b.dean@irs.gov. (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. SUPPLEMENTARY INFORMATION: [FR Doc. 2013–11743 Filed 5–16–13; 8:45 am] Title: Return by a U.S. Transferor of Property to a Foreign Corporation. OMB Number: 1545–0026. Form Number: Form 926. Abstract: Form 926 is filed by any U.S. person who transfers certain tangible or intangible property to a foreign corporation to report information required by section 6038B. Current Actions: One line item (requesting a Reference ID number of the transferee foreign corporation) and one code reference are being added to his collection. Type of Review: Revision of a currently approved collection Affected Public: Business or other forprofit organizations and Individuals or households. Estimated Number of Respondents: 667. Estimated Time per Respondent: 45 hours, 15 minutes. Estimated Total Annual Burden Hours: 30,196. 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; BILLING CODE 4830–01–P DATES: PO 00000 Frm 00095 Fmt 4703 Sfmt 4703 Approved: May 1, 2013. R. Joseph Durbala, IRS Reports Clearance Officer. DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 4952 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 4952, Investment Interest Expense Deduction. SUMMARY: Written comments should be received on or before July 16, 2013 to be assured of consideration. ADDRESSES: Direct all written comments to R. Joseph Durbala, 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 Katherine Dean, at Internal Revenue Service, Room 6242, 1111 Constitution Avenue NW., Washington, DC 20224, or at (202) 622– 3186, or through the Internet at Katherine.b.dean@irs.gov. Title: Investment Interest Expense Deduction. OMB Number: 1545–0191. Form Number: Form 4952. Abstract: Interest expense paid by an individual, estate, or trust on a loan DATES: E:\FR\FM\17MYN1.SGM 17MYN1 wreier-aviles on DSK5TPTVN1PROD with NOTICES 29206 Federal Register / Vol. 78, No. 96 / Friday, May 17, 2013 / Notices allocable to property held for investment may not be fully deductible in the current year. Form 4952 is used to compute the amount of investment interest expense deductible for the current year and the amount, if any, to carry forward to future 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: Individuals or households and business or other forprofit organizations. Estimated Number of Respondents: 137,064. Estimated Time per Respondent: 1 hour, 30 minutes. Estimated Total Annual Burden Hours: 205,596. 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: May 1, 2013. R. Joseph Durbala, IRS Reports Clearance Officer. [FR Doc. 2013–11744 Filed 5–16–13; 8:45 am] BILLING CODE 4830–01–P VerDate Mar<15>2010 15:20 May 16, 2013 Jkt 229001 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)). Currently, the IRS is soliciting comments concerning certain elections under the Tax Reform Act of 1986. DATES: Written comments should be received on or before July 16, 2013 to be assured of consideration. ADDRESSES: Direct all written comments to R. Joseph Durbala, Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington, DC 20224. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the regulation should be directed to Katherine Dean, (202) 622– 3186, or at Internal Revenue Service, Room 6242, 1111 Constitution Avenue NW., Washington DC 20224, or through the internet, at Katherine.b.dean@irs.gov. SUPPLEMENTARY INFORMATION: Title: Certain Elections Under the Tax Reform Act of 1986. OMB Number: 1545–0982. Regulation Project Numbers: T.D. 8124. Abstract: Section 5h.5(a) of this regulation sets forth general rules for the time and manner of making various elections under the Tax Reform Act of 1986. The regulation enables taxpayers to take advantage of various benefits provided by the Internal Revenue Code. Current Actions: There are no changes in burden relating to this collection of information. Type of review: Extension of OMB approval. Affected Public: Individuals or households, Business or other for-profit organizations, Not-for-profit institutions, Farms, and State, Local, or Tribal Governments. Estimated Number of Respondents: 114,710. Estimated Time per Respondent: 15 minutes. SUMMARY: PO 00000 Frm 00096 Fmt 4703 Sfmt 4703 Estimated Total Annual Burden Hours: 28,678. 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: May 1, 2013. R. Joseph Durbala, IRS Reports Clearance Officer. [FR Doc. 2013–11745 Filed 5–16–13; 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, SUMMARY: E:\FR\FM\17MYN1.SGM 17MYN1

Agencies

[Federal Register Volume 78, Number 96 (Friday, May 17, 2013)]
[Notices]
[Pages 29205-29206]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-11744]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 4952

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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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 4952, Investment Interest Expense Deduction.

DATES: Written comments should be received on or before July 16, 2013 
to be assured of consideration.

ADDRESSES: Direct all written comments to R. Joseph Durbala, 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 Katherine 
Dean, at Internal Revenue Service, Room 6242, 1111 Constitution Avenue 
NW., Washington, DC 20224, or at (202) 622-3186, or through the 
Internet at Katherine.b.dean@irs.gov.
    Title: Investment Interest Expense Deduction.
    OMB Number: 1545-0191.
    Form Number: Form 4952.
    Abstract: Interest expense paid by an individual, estate, or trust 
on a loan

[[Page 29206]]

allocable to property held for investment may not be fully deductible 
in the current year. Form 4952 is used to compute the amount of 
investment interest expense deductible for the current year and the 
amount, if any, to carry forward to future 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: Individuals or households and business or other 
for-profit organizations.
    Estimated Number of Respondents: 137,064.
    Estimated Time per Respondent: 1 hour, 30 minutes.
    Estimated Total Annual Burden Hours: 205,596.
    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: May 1, 2013.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. 2013-11744 Filed 5-16-13; 8:45 am]
BILLING CODE 4830-01-P
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