[Federal Register Volume 78, Number 21 (Thursday, January 31, 2013)]
[Notices]
[Pages 6847-6848]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-02045]


-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Information Collection 
Tools

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 T, Forest Activities Schedule; EE-111-80 (TD 8019--Final), Public 
Inspection of Exempt Organization Return; Form 2587, Application for 
Special Enrollment Examination; Form 8831, Excise Taxes on Excess 
Inclusions of REMIC Residual Interests; and Notice 97-64, Temporary 
Regulations To Be Issued Under Section 1(h) of the Internal Revenue 
Code (Applying Section 1(h) to Capital Gain Dividends of RICs and 
REITs).

DATES: Written comments should be received on or before April 1, 2013 
to be assured of consideration.

ADDRESSES: Direct all written comments to Yvette Lawrence, Internal 
Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington, 
DC 20224. Please send separate comments for each specific information 
collection listed below. You must reference the information 
collection's title, form number, reporting or record-keeping 
requirement number, and OMB number (if any) in your comment.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the collection tools should be directed to R. Joseph Durbala, 
Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW., 
Washington, DC 20224, or at (202) 622-3634, or through the internet at 
[email protected].

SUPPLEMENTARY INFORMATION: Currently, the IRS is seeking comments 
concerning the following information collection tools, reporting, and 
record-keeping requirements:
    (1) Title: Forest Activities Schedule.
    OMB Number: 1545-0007.
    Form Number: Form T.

[[Page 6848]]

    Abstract: Form T is filed by individuals and corporations to report 
income and deductions from the operation of a timber business. The IRS 
uses Form T to determine if the correct amount of income and deductions 
are reported.
    Current Actions: There are no changes to the previously approved 
burden of this existing collection.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Individuals or households, Businesses or other 
for-profit organizations.
    Estimated Number of Respondents: 37,000.
    Estimated Time per Respondent: 36 hrs., 11 min.
    Estimated Total Annual Burden Hours: 446,208.
    (2) Title: Public Inspection of Exempt Organization Return.
    OMB Number: 1545-0742.
    Form Number: EE-111-80 (TD 8019--Final).
    Abstract: Section 6104(b) authorizes the Service to make available 
to the public the returns required to be filed by exempt organizations. 
The information requested in Treasury Reg. section 301.6104(b)-1(b)(4) 
is necessary in order for the Service not to disclose confidential 
business information furnished by businesses which contribute to exempt 
black lung trusts.
    Current Actions: There are no changes being made to the revenue 
procedure at this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Businesses and other for-profits.
    Estimated Number of Respondents: 22.
    Estimated Time per Respondent: 1 hr.
    Estimated Total Annual Reporting Burden Hours: 22.
    (3) Title: Application for Special Enrollment Examination.
    OMB Number: 1545-0949.
    Form Number: 2587.
    Abstract: Form 2587 is used by individuals to apply to take the 
Special Enrollment Examination to establish eligibility for enrollment 
to practice before the IRS. The information on the form is used by the 
Director of Practice to identify those individuals seeking to take the 
examination and to plan for the administration of the examination.
    Current Actions: There is no change in the paperwork burden 
previously approved by OMB.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Individuals.
    Estimated Number of Respondents: 11,000.
    Estimated Time per Respondent: 1 hr.
    Estimated Total Annual Burden Hours: 11,000.
    (4) Title: Excise Taxes on Excess Inclusions of REMIC Residual 
Interests.
    OMB Number: 1545-1379.
    Form Number: 8831.
    Abstract: Taxpayers use Form 8831 to report and pay excise tax on 
any transfer of a residual interest in a REMIC to a disqualified 
organization, the amount due if the tax is waived, and the excise tax 
due on pass-through entities with interests held by disqualified 
organizations.
    Current Actions: There is no change in the paperwork burden 
previously approved by OMB.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations.
    Estimated Number of Respondents: 31.
    Estimated Time per Respondent: 7 hrs., 39 min.
    Estimated Total Annual Burden Hours: 238.
    (5) Title: Temporary Regulations To Be Issued Under Section 1(h) of 
the Internal Revenue Code (Applying Section 1(h) to Capital Gain 
Dividends of RICs and REITs).
    OMB Number: 1545-1565.
    Form Number: Notice 97-64.
    Abstract: Notice 97-64 describes temporary regulations that will 
permit Regulated Investment Companies (RICs) and Real Estate Investment 
Trusts (REITs) to distribute multiple classes of capital gain 
dividends.
    Current Actions: There is no change in the paperwork burden 
previously approved by OMB.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations, and 
individuals.
    Estimated Number of Respondents: 1.
    Estimated Time per Respondent: 1 hr.
    Estimated Total Annual Burden Hours: 1.
    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: January 23, 2013.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. 2013-02045 Filed 1-30-13; 8:45 am]
BILLING CODE 4830-01-P