[Federal Register Volume 76, Number 245 (Wednesday, December 21, 2011)]
[Notices]
[Pages 79272-79273]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-32598]


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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

December 16, 2011.
    The Department of the Treasury will submit the following 
information collection request to the Office of Management and Budget 
(OMB) for review and clearance in accordance with the Paperwork 
Reduction Act of 1995, Public Law 104-13, on or after the date of 
publication of this notice.

DATES: Comments should be received on or before January 20, 2012 to be 
assured of consideration.

ADDRESSES: Send comments regarding the burden estimate, or any other 
aspect of the information collection, including suggestion for reducing 
the burden, to (1) Office of Information and Regulatory Affairs, Office 
of Management and Budget, Attention: Desk Officer for Treasury, New 
Executive Office Building, Room 10235, Washington, DC 20503, or email 
at [email protected] and (2) Treasury PRA Clearance Officer, 
1750 Pennsylvania Ave., NW., Suite 11020, Washington, DC 20220, or on-
line at www.PRAComment.gov.

FOR FURTHER INFORMATION CONTACT: Copies of the submission(s) may be 
obtained by calling (202) 927-5331, email at [email protected], or the 
entire information collection request maybe found at www.reginfo.gov.

Internal Revenue Service (IRS)

    OMB Number: 1545-XXXX.
    Type of Review: New Collection.
    Title: Form 1125-A, Cost of Goods Sold; Form 1125-E, Compensation 
of Officers.
    Form: 1125-A, 1125-E.
    Abstract: Form 1125-A: During a re-design of Form 1120, U.S. 
Corporation Income Tax Return, related to the inclusion of ``Merchant 
Card Receipts'', it was deemed to be more efficient to present the data 
required to report ``Cost of Goods Sold'' on a new form. This new form, 
1125-A, will be attached to form 1120, as well as to other forms that 
require this information.
    Affected Public: Private Sector: Businesses or other for-profits.

[[Page 79273]]

    Estimated Total Burden Hours: 44,085,600.

Robert Dahl,
Treasury PRA Clearance Officer.
[FR Doc. 2011-32598 Filed 12-20-11; 8:45 am]
BILLING CODE 4830-01-P