[Federal Register Volume 71, Number 188 (Thursday, September 28, 2006)]
[Notices]
[Pages 57022-57023]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-15879]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

[REG-209322-82]


Proposed Collection; Comment Request for Regulation Project

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 an 
existing final regulation, REG-209322-82 (TD 8841), Return of 
Partnership Income (Sec.  1.6031(a)-1).

DATES: Written comments should be received on or before November 27, 
2006 to be assured of consideration.

ADDRESSES: Direct all written comments to Glenn Kirkland, Internal 
Revenue

[[Page 57023]]

Service, room 6512, 1111 Constitution Avenue NW., Washington, DC 20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the regulations should be directed to Larnice Mack at 
Internal Revenue Service, room 6512, 1111 Constitution Avenue NW., 
Washington, DC 20224, or at (202)622-3179, or through the internet at 
([email protected]).

SUPPLEMENTARY INFORMATION:
    Title: Return of Partnership Income.
    OMB Number: 1545-1583. Regulation Project Number: REG-209322-82.
    Abstract: Section 1.6031(a)-1 requires partnerships to file a 
partnership return. The information in this section is required to 
enable the IRS to verify that a taxpayer is reporting the correct 
amount of income or gain or claiming the correct amount of losses, 
deductions, or credits from that taxpayer's interest in the 
partnership. The partnership return is filed on Form 1065.
    Current Actions: There is no change to this existing regulation.
    Type of Review: Extension of currently approved collection.
    Affected Public: Business or other for-profit organizations, and 
farms. The burden is reflected in the burden estimate of Form 1065.
    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: September 15 2006.
Glenn Kirkland,
IRS Reports Clearance Officer.
 [FR Doc. E6-15879 Filed 9-27-06; 8:45 am]
BILLING CODE 4830-01-P