[Federal Register Volume 68, Number 243 (Thursday, December 18, 2003)]
[Notices]
[Pages 70582-70583]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-31206]


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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

December 10, 2003.
    The Department of Treasury has submitted the following public 
information collection requirement(s) to OMB for review and clearance 
under the Paperwork Reduction Act of 1995, Public Law 104-13. Copies of 
the submission(s) may be obtained by calling the Treasury Bureau 
Clearance Officer listed. Comments regarding this information 
collection should be addressed to the OMB reviewer listed and to the 
Treasury Department Clearance Officer, Department of the Treasury, Room 
11000, 1750 Pennsylvania Avenue, NW., Washington, DC 20220.

DATES: Written comments should be received on or before January 20, 
2004, to be assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-0016.
    Form Number: IRS Form 706-A.
    Type of Review: Revision.
    Title: United States Additional Estate Tax Return.
    Description: Form 706-A is used by individuals to compute and pay 
the additional estate taxes due under Code section 2032A9(c). IRS uses 
the information to determine that the taxes have been properly 
computed. The form is also used for the basis election of section 
1016(c)(1).
    Respondents: Individuals or households.
    Estimated Number of Respondents/Recordkeeping: 180.
    Estimated Burden Hours Respondent/Recordkeeper:
     Recordkeeping--3 hr., 17 min.
     Learning about the law or the form--2 hr., 11 min.
     Preparing the form--1 hr., 39 min.
     Copying, assembling, and sending the form to the IRS--1 hr., 3 
min.
    Frequency of Response: Annually.
    Estimated Total Reporting/Recordkeeping Burden: 1,475 hours.

    OMB Number: 1545-1559.
    Revenue Procedure Number: Revenue Procedures 98-46 and 97-44.
    Type of Review: Extension.
    Title: LIFO Conformity Requirement.
    Description: Revenue Procedure 97-44 permits automobile dealers 
that comply with the terms of the revenue procedure to continue using 
LIFO inventory method despite previous violations of the LIFO 
conformity requirements of section 472(c) or (e)(2). Revenue Procedure 
98-46 modifies Revenue Procedure 97-44 by allowing medium- and heavy-
duty truck dealers to take advantage of the favorable relief provided 
in Revenue Procedure 97-44.
    Respondents: Business or other for-profit.
    Estimated Number of Respondents/Recordkeepers: 5,000.
    Estimated Burden Hours Respondent/Recordkeeper: 20 hours.
    Frequency of Response: Annually.
    Estimated Total Reporting/Recordkeeping Burden: 100,000 hours.

    OMB Number: 1545-1719.
    Regulation Project Number: REG-106446-98 Final.
    Type of Review: Extension.
    Title: Relief from Joint and Several Liability.
    Description: The regulation under section 6015 provides guidance 
regarding relief from the joint and several liability imposed by 
section 6013(d)(3). The regulations provide specific guidance on the 
three relief provisions of section 6015 and on how taxpayers would file 
a claim for such relief. In addition, the regulations provide guidance 
regarding Tax Court review of certain types of claims for relief, as 
well as information regarding the rights of the non-requesting spouse. 
The regulations also clarify that, under section 6013, a return is not 
a joint return if one of the spouses signs the return under duress.
    Respondents: Individuals or households.
    Estimated Number of Respondents: 1.
    Estimated Burden Hours Respondent: 1 hour.
    Frequency of Response: On occasion.
    Estimated Total Reporting Burden: 1 hour.

    OMB Number: 1545-1724.
    Regulation Project Number: REG-109481-99 Final.
    Type of Review: Extension.
    Title: Special Rules Under section 417(a)(7) for Written 
Explanations Provided by Qualified Retirement Plans after Annuity 
Starting Dates.
    Description: The collection of information requirement in sections 
1.417(e)-1(b)(3)(iv)(B) and 1.417(e)-1(3)(v)(A) is required to ensure 
that a participant and the participant's spouse consent to a form of 
distribution from a qualified plan that may result in reduced periodic 
payments.
    Respondents: Individuals or households, Business or other for-
profit, Not-for-profit institutions.
    Estimated Number of Respondents: 50,000.
    Estimated Burden Hours Respondent: 15 minutes.
    Frequency of Response: On occasion.
    Estimated Total Reporting Burden: 12,500 hours.

    OMB Number: 1545-1726.
    Regulation Project Number: REG-111835-99 NPRM.
    Type of Review: Extension.
    Title: Regulations Governing Practice before the Internal Revenue 
Service.
    Description: These regulations affect individuals who are eligible 
to practice before the Internal Revenue Service. These regulations also 
authorize the Director of Practice to act upon applications for 
enrollment to practice before the Internal Revenue Service. The 
Director of Practice will use certain information to ensure that: (1) 
Enrolled agents properly complete continuing education requirements to 
obtain renewal; (2) practitioners properly obtain consent of taxpayers 
before representing conflicting interests; and (3) practitioners do not 
use e-commerce to make misleading solicitations.
    Respondents: Business or other for-profit.
    Estimated Number of Recordkeepers: 56,000.
    Estimated Burden Hours Recordkeeper: 53 minutes.
    Estimated Total Recordkeeping Burden: 50,000 hours.

    OMB Number: 1545-1732.
    Regulation Project Number: REG-105946-00 Final.
    Type of Review: Extension.
    Title: Mid-Contract Change in Taxpayer.
    Description: The information is needed by taxpayers who assume the 
obligation to account for the income from long-term contracts as the 
result of certain nontaxable transactions.
    Respondents: Business or other for-profit.
    Estimated Number of Respondents: 5,000.
    Estimated Burden Hours Respondent: 2 hours.
    Frequency of Response: On occasion.

[[Page 70583]]

    Estimated Total Reporting Burden: 10,000 hours.
    Clearance Officer: R. Joseph Durbala, (202) 622-3634, Internal 
Revenue Service, Room 6411, 1111 Constitution Avenue, NW., Washington, 
DC 20224.
    OMB Reviewer: Joseph F. Lackey, Jr., (202) 395-7316, Office of 
Management and Budget, Room 10235, New Executive Office Building, 
Washington, DC 20503.

Lois K. Holland,
Treasury PRA Clearance Officer.
[FR Doc. 03-31206 Filed 12-17-03; 8:45 am]
BILLING CODE 4830-01-P