[Federal Register Volume 69, Number 84 (Friday, April 30, 2004)]
[Notices]
[Pages 23852-23853]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-9815]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

April 20, 2004.
    The Department of the 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 June 1, 2004, 
to be assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-0181.
    Form Number: IRS Form 4768.
    Type of Review: Extension.
    Title: Application for Extension of Time to File a Return and/or 
Pay U.S. Estate (and Generation-Skipping Transfer) Taxes.
    Description: Form 4768 is used by estates to request an extension 
of time to file an estate (and GST) taxes and to explain why the 
extension should be granted. IRS uses the information to decide whether 
the extension should be granted.
    Respondents: Individuals or households, Business or other for-
profit.
    Estimated Number of Respondents/Recordkeepers: 18,500.
    Estimated Burden Hours Respondent/Recordkeeper:
     Recordkeeping--26 min.
     Learning about the law or the form--22 min.
     Preparing the form--43 min.
     Copying, assembling, and sending the form to the IRS--24 min.
    Frequency of response: On occasion.
    Estimated Total Reporting/Recordkeeping Burden: 36,075 hours.
    OMB Number: 1545-0959.
    Regulation Project Number: LR-213-76 Final.
    Type of Review: Extension.
    Title: Estate and Gift Taxes; Qualified Disclaimers of Property.
    Description: Section 2518 allows a person to disclaim an interest 
in property received by gift or inheritance. The interest is treated as 
if the disclaimant never received or transferred such interest for 
Federal gift tax purposes. A qualified disclaimer must be in writing 
and delivered to the transferor or trustee.
    Respondents: Individuals or households.
    Estimated Number of Respondents: 2,000.
    Estimated Burden Hours Respondent: 30 minutes.
    Frequency of response: On occasion.
    Estimated Total Reporting Burden: 1,000 hours.
    OMB Number: 1545-1038.
    Form Number: IRS Form 8703.
    Type of Review: Extension.
    Title: Annual Certification of a Residential Rental Project.
    Description: Operators of qualified residential projects will use 
this form to certify annually that their projects meet the requirements 
of Internal Revenue Code (IRC) section 142(d). Operators are required 
to file this certification under section 142(d)(7).
    Respondents: Business or other for-profit.
    Estimated Number of Respondents/Recordkeepers: 6,000.
    Estimated Burden Hours Respondent/Recordkeeper:
     Recordkeeping--3 hr., 49 min.
     Learning about the law or the form--1 hr., 17 min.
     Preparing and sending the form to the IRS--1 hr., 24 min.
    Frequency of response: Annually.
    Estimated Total Reporting/Recordkeeping Burden: 39,180 hours.
    OMB Number: 1545-1579.
    Notice Number: Notice 98-1.
    Regulation Project Number: REG-108639-99 NPRM.
    Type of Review: Extension.
    Title: Notice 98-1: Nondiscrimination; and REG-108639-99 NPRM: 
Retirement Plans; Cash or Deferred Arrangements Under section 401(k) 
and Matching Contributions or Employee Contributions Under section 
401(m).
    Description: The notice and regulation provide guidance for 
discrimination testing under section 401(k) and (m) of the Internal 
Revenue Code as amended by section 1433(c) and (d) of the Small 
Business Job Protection Act of 1996. The guidance is directed to 
employers maintaining retirement plans subject to these Code sections.
    Respondents: Business or other for-profit, Not-for-profit 
institutions.
    Estimated Number of Recordkeepers: 147,000.
    Estimated Burden Hours Recordkeeper: 20 minutes.
    Estimated Total Recordkeeping Burden: 49,000 hours.
    OMB Number: 1545-1580.
    Regulation Project Number: REG-105885-99 Final.
    Type of Review: Extension.
    Title: Compensation Deferred Under Eligible Deferred Compensation 
Plans.
    Description: REG-105885-99 provides guidance regarding the trust 
requirements for certain eligible deferred compensation plans enacted 
in the Small Business Job Protection Act of 1996.
    Respondents: State, local or tribal government.
    Estimated Number of Respondents/Recordkeepers: 10,260.
    Estimated Burden Hours Respondent/Recordkeeper: 1 hour, 2 minutes.
    Frequency of response: Other (one time).
    Estimated Total Reporting/Recordkeeping Burden: 10,600 hours.
    OMB Number: 1545-1736.
    Revenue Procedure Number: Revenue Procedure 2001-24.
    Type of Review: Extension.
    Title: Advanced Insurance Commissions.
    Description: Insurance companies that want to obtain automatic 
consent to change their method of accounting for cash advances that 
qualify as loans to their agents must attach a statement to their 
Federal income tax return.
    Respondents: Business or other for-profit.
    Estimated Number of Respondents: 5,270.
    Estimated Burden Hours Respondent: 15 minutes.
    Frequency of response: Other (once).
    Estimated Total Reporting Burden: 1,318 hours.
    OMB Number: 1545-1872.
    Form Number: IRS Form 4506-T.
    Type of Review: Extension.
    Title: Request for Transcript of Tax Return.
    Description: 26 U.S.C. 7513 allows for taxpayers to request a copy 
of a tax return or return information. Form 4506-T is used by a 
taxpayer to request a copy of Federal Tax information, other than a 
return. The information provided will be used to search the taxpayers 
account and provide the requested

[[Page 23853]]

information; and to ensure that the requester is the taxpayer or 
someone authorized by the taxpayer.
    Respondents: Individuals or households, Business or other for-
profit.
    Estimated Number of Respondents/Recordkeepers: 720,000.
    Estimated Burden Hours Respondent/Recordkeeper:
     Learning about the law or the form--10 min.
     Preparing the form--12 min.
     Copying, assembling, and sending the form to the IRS--20 min.
    Frequency of response: On occasion.
    Estimated Total Reporting/Recordkeeping Burden: 555,600 hours.
    Clearance Officer: Glenn P. Kirkland, (202) 622-3428, Internal 
Revenue Service, Room 6411-03, 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. 04-9815 Filed 4-29-04; 8:45 am]
BILLING CODE 4830-01-P