Proposed Collection; Comment Request for Form 5309, 36875 [2014-15286]
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Federal Register / Vol. 79, No. 125 / Monday, June 30, 2014 / Notices
Approved: June 9, 2014.
R. Joseph Durbala,
IRS Supervisory Tax Analyst.
[FR Doc. 2014–15285 Filed 6–27–14; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 5309
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
5309, Application for Determination of
Employee Stock Ownership Plan.
DATES: Written comments should be
received on or before August 29, 2014
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 copies of the form and
instructions should be directed to Sara
Covington at Internal Revenue Service,
Room 6129, 1111 Constitution Avenue
NW., Washington, DC 20224, through
the Internet at Sara.L.Covington@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Application for Determination
of Employee Stock Ownership Plan.
OMB Number: 1545–0284.
Form Number: 5309.
Abstract: Internal Revenue Code
section 404(a) allows employers an
income tax deduction for contributions
to their qualified deferred compensation
plans. Form 5309 is used to request an
IRS determination letter about whether
the plan is qualified under Code section
409 or 4975(e)(7).
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: Business or other forprofit organizations.
Estimated Number of Respondents:
2,500.
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SUMMARY:
VerDate Mar<15>2010
19:01 Jun 27, 2014
Jkt 232001
Estimated Time per Respondent: 10
hrs, 47 minutes.
Estimated Total Annual Burden
Hours: 26,975.
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: June 5, 2014.
Joseph Durbala,
Supervisory Tax Analyst.
[FR Doc. 2014–15286 Filed 6–27–14; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 8810
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
SUMMARY:
PO 00000
Frm 00157
Fmt 4703
Sfmt 4703
36875
collections, as required by the
Paperwork Reduction Act. Currently,
the IRS is soliciting comments
concerning Form 8810, Corporate
Passive Activity Loss and Credit
Limitations.
Written comments should be
received on or before August 29, 2014
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 Sara Covington, at
Internal Revenue Service, Room 6129,
1111 Constitution Avenue NW.,
Washington, DC 20224, or through the
Internet, at Sara.L.Covington@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Corporate Passive Activity Loss
and Credit Limitations.
OMB Number: 1545–1091.
Form Number: 8810.
Abstract: Under Internal Revenue
Code section 469, losses and credits
from passive activities, to the extent
they exceed passive income (or, in the
case of credits, the tax attributable to net
passive income), are not allowed. Form
8810 is used by personal service
corporations and closely held
corporations to figure the passive
activity loss and credits allowed and the
amount of loss and credit to be reported
on their tax return.
Current Actions: There are no changes
being made to Form 8810 at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Responses:
100,000.
Estimated Time per Response: 37 hr.,
29 min.
Estimated Total Annual Burden
Hours: 3,749,000.
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
DATES:
E:\FR\FM\30JNN1.SGM
30JNN1
]]>Agencies
[Federal Register Volume 79, Number 125 (Monday, June 30, 2014)]
[Notices]
[Page 36875]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-15286]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 5309
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 5309, Application for Determination of Employee Stock Ownership
Plan.
DATES: Written comments should be received on or before August 29, 2014
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 copies of the form and
instructions should be directed to Sara Covington at Internal Revenue
Service, Room 6129, 1111 Constitution Avenue NW., Washington, DC 20224,
through the Internet at Sara.L.Covington@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Application for Determination of Employee Stock Ownership
Plan.
OMB Number: 1545-0284.
Form Number: 5309.
Abstract: Internal Revenue Code section 404(a) allows employers an
income tax deduction for contributions to their qualified deferred
compensation plans. Form 5309 is used to request an IRS determination
letter about whether the plan is qualified under Code section 409 or
4975(e)(7).
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: Business or other for-profit organizations.
Estimated Number of Respondents: 2,500.
Estimated Time per Respondent: 10 hrs, 47 minutes.
Estimated Total Annual Burden Hours: 26,975.
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: June 5, 2014.
Joseph Durbala,
Supervisory Tax Analyst.
[FR Doc. 2014-15286 Filed 6-27-14; 8:45 am]
BILLING CODE 4830-01-P
