Proposed Collection; Comment Request for Regulation Project, 13388-13389 [2014-05044]
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Federal Register / Vol. 79, No. 46 / Monday, March 10, 2014 / Notices
Affected Public: Business or other forprofit organizations, individuals or
households.
Estimated Number of Respondents:
500.
Estimated Time per Respondent: 100
hours.
Estimated Total Annual Burden
Hours: 50,000.
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.
Approved: February 20, 2014.
Christie A. Preston,
IRS Reports Clearance Officer.
[FR Doc. 2014–05037 Filed 3–7–14; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
emcdonald on DSK67QTVN1PROD with NOTICES
Internal Revenue Service
Proposed Collection; Comment
Request for Rev. Proc. 2008–27
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
The Department of the
Treasury, as part of its continuing effort
SUMMARY:
VerDate Mar<15>2010
18:00 Mar 07, 2014
Jkt 232001
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 Rev.
Proc. 2008–27, 9100 Relief Under
Sections 897 and 1445.
DATES: Written comments should be
received on or before May 9, 2014 to be
assured of consideration.
ADDRESSES: Direct all written comments
to Christie A. Preston, Internal Revenue
Service, Room 6129, 1111 Constitution
Avenue NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of this revenue procedure should
be directed to Martha R. Brinson,
Internal Revenue Service, Room 6129,
1111 Constitution Avenue NW.,
Washington, DC 20224, or through the
Internet at Martha.R.Brinson@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: 9100 Relief Under Sections 897
and 1445.
OMB Number: 1545–2098.
Revenue Procedure Number: Rev.
Proc. 2008–27.
Abstract: The IRS needs certain
information to determine whether a
taxpayer should be granted permission
to make late filings of certain statements
or notices under sections 897 and 1445.
The information submitted will include
a statement by the taxpayer
demonstrating reasonable cause for the
failure to timely make relevant filings
under sections 897 and 1445. This
revenue procedure provides a simplified
method for taxpayers to request relief
for late filings under sections 1.897–
2(g)(1)(ii)(A), 1.897–2(h)(2), 1.1445–
2(d)(2), 1.1445–5(b)(2), and 1.1445–
5(b)(4) of the Income Tax Regulations.
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, farms.
Estimated Number of Respondents:
250.
Estimated Total Annual Burden
Hours: 1,000 hours.
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.
PO 00000
Frm 00117
Fmt 4703
Sfmt 4703
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: February 26, 2014.
Christie A. Preston,
IRS Reports Clearance Officer.
[FR Doc. 2014–05041 Filed 3–7–14; 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)). The IRS is soliciting
comments concerning information
collection requirements related to
amortizable bond premium.
DATES: Written comments should be
received on or before May 9, 2014 to be
assured of consideration.
ADDRESSES: Direct all written comments
to Christie A. Preston, Internal Revenue
SUMMARY:
E:\FR\FM\10MRN1.SGM
10MRN1
emcdonald on DSK67QTVN1PROD with NOTICES
Federal Register / Vol. 79, No. 46 / Monday, March 10, 2014 / Notices
Service, Room 6129, 1111 Constitution
Avenue NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the regulations should be
directed to Gerald J. Shields, LL.M. at
Internal Revenue Service, Room 6129,
1111 Constitution Avenue NW.,
Washington, DC 20224, or through the
Internet at Gerald.J.Shields@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Amortizable Bond Premium.
OMB Number: 1545–1491.
Regulation Project Number: REG–
209798–95, T.D. 8746.
Abstract: This regulation addresses
the tax treatment of bond premium. The
regulation provides that a holder may
make an election to amortize bond
premium by offsetting interest income
with bond premium, and the holder
must attach a statement to their tax
return providing certain information.
The regulation also provides that a
taxpayer may receive automatic consent
to change its method of accounting for
premium provided the taxpayer attaches
a statement to its tax return. The
information requested is necessary for
the IRS to determine whether an issuer
or a holder has changed its method of
accounting for premium.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses or other
for-profit organizations and individuals.
Estimated Number of Respondents:
10,000.
Estimated Total Annual Burden
Hours: 7,500.
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;
VerDate Mar<15>2010
18:55 Mar 07, 2014
Jkt 232001
(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: February 21, 2014.
Christie A. Preston,
IRS Reports Clearance Officer.
[FR Doc. 2014–05044 Filed 3–7–14; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Forms 8609 and 8609A
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
8609, Low-Income Housing Credit
Allocation and Certification, and Form
8609–A, Annual Statement for LowIncome Housing Credit.
DATES: Written comments should be
received on or before May 9, 2014 to be
assured of consideration.
ADDRESSES: Direct all written comments
to Christie A. Preston, 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 Gerald J. Shields,
LL.M., at Internal Revenue Service,
Room 6129, 1111 Constitution Avenue
NW., Washington, DC 20224, or through
the Internet at Gerald.J.Shields@IRS.gov.
SUPPLEMENTARY INFORMATION:
Title: Low-Income Housing Credit
Allocation and Certification.
OMB Number: 1545–0988.
Form Number: Forms 8609 and
8609A.
SUMMARY:
PO 00000
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Fmt 4703
Sfmt 4703
13389
Abstract: Owners of residential lowincome rental buildings are allowed a
low-income housing credit for each
qualified building over a 10-year credit
period. Form 8609 can be used to obtain
a housing credit allocation from the
housing credit agency. A separate Form
8609 must be issued for each building
in a multiple building project. Form
8609 is also used to certify certain
information. Form 8609–A is filed by a
building owner to report compliance
with the low-income housing provisions
and calculate the low-income housing
credit. Form 8609–A must be filed by
the building owner for each year of the
15-year compliance period. File one
Form 8609–A for the allocation(s) for
the acquisition of an existing building
and a separate Form 8609–A for the
allocation(s) for rehabilitation
expenditures.
Current Actions: This is an extension
of a currently approved collection
without changes.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations and farms.
Estimated Number of Respondents:
359,046.
Estimated Time per Respondent:
31hrs 01min.
Estimated Total Annual Burden
Hours: 4,090,332.
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
E:\FR\FM\10MRN1.SGM
10MRN1
]]>Agencies
[Federal Register Volume 79, Number 46 (Monday, March 10, 2014)]
[Notices]
[Pages 13388-13389]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-05044]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Regulation Project
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)). The IRS is soliciting comments concerning information
collection requirements related to amortizable bond premium.
DATES: Written comments should be received on or before May 9, 2014 to
be assured of consideration.
ADDRESSES: Direct all written comments to Christie A. Preston, Internal
Revenue
[[Page 13389]]
Service, Room 6129, 1111 Constitution Avenue NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the regulations should be directed to Gerald J. Shields,
LL.M. at Internal Revenue Service, Room 6129, 1111 Constitution Avenue
NW., Washington, DC 20224, or through the Internet at
Gerald.J.Shields@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Amortizable Bond Premium.
OMB Number: 1545-1491.
Regulation Project Number: REG-209798-95, T.D. 8746.
Abstract: This regulation addresses the tax treatment of bond
premium. The regulation provides that a holder may make an election to
amortize bond premium by offsetting interest income with bond premium,
and the holder must attach a statement to their tax return providing
certain information. The regulation also provides that a taxpayer may
receive automatic consent to change its method of accounting for
premium provided the taxpayer attaches a statement to its tax return.
The information requested is necessary for the IRS to determine whether
an issuer or a holder has changed its method of accounting for premium.
Current Actions: There is no change to this existing regulation.
Type of Review: Extension of a currently approved collection.
Affected Public: Businesses or other for-profit organizations and
individuals.
Estimated Number of Respondents: 10,000.
Estimated Total Annual Burden Hours: 7,500.
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: February 21, 2014.
Christie A. Preston,
IRS Reports Clearance Officer.
[FR Doc. 2014-05044 Filed 3-7-14; 8:45 am]
BILLING CODE 4830-01-P
