[Federal Register Volume 78, Number 60 (Thursday, March 28, 2013)]
[Notices]
[Pages 19071-19073]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-07169]


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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

March 25, 2013.
    The Department of the Treasury will submit the following 
information collection requests 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 April 29, 2013 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 8140, Washington, DC 20220, or email 
at [email protected].

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: 1545-0028.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Employer's Annual Federal Unemployment (FUTA) Tax Return 
(Form 940); Planilla Para La Declaracion Anual Del Patrono-La 
Contribucion Federal Para El Desempleo (FUTA) (Form 940-PR).
    Form: 940; Schedule A (Form 940); Schedule R (Form 940); 940-PR; 
Schedule (Form 940-PR).
    Abstract: IRC section 3301 imposes a tax on employees based on the 
first $7,000 of taxable annual wages paid to each employee. IRS uses 
the information reported on Forms 940 and 940-PR (Puerto Rico) to 
ensure that employers have reported and figured the correct FUTA Wages 
and tax.
    Affected Public: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 105,295,370.
    OMB Number: 1545-0130.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: U.S. Income Tax Return for an S Corporation.
    Form: 1120-S; Schedules M-3, D, K-1, L, M-1, K-1 (Form 1120-S).
    Abstract: Form 1120S, Schedule D (Form 1120S), Schedule K-1 (Form 
1120S), and Schedule M-3 (Form 1120S) are used by an S corporation to 
figure its tax liability, and income and other tax-related information 
to pass through to its shareholders. Schedule K-1 is used to report to 
shareholders their share of the corporation's income, deductions, 
credits, etc. IRS uses the information to determine the correct tax for 
the S corporation and its shareholders.
    Affected Public: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 420,945,980.
    OMB Number: 1545-0135.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Extension of Time for Payment of Taxes by a Corporation 
Expecting a Net Operating Loss Carryback.
    Form: 1138.
    Abstract: Form 1138 is filed by corporations to request an 
extension of time to pay their income taxes, including estimated taxes. 
Corporations may only file for an extension when they expect a net 
operating loss carryback in the tax year and want to delay the payment 
of taxes from a prior tax year.
    Affected Public: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 9,800.

[[Page 19072]]

    OMB Number: 1545-0212.
    Type of Review: Revision of a currently approved collection.
    Title: Application for Extension of Time to File Certain Employee 
Plan Returns.
    Form: 5558.
    Abstract: This form is used by employers to request an extension of 
time to file the employee plan annual information return/report (Form 
5500 series) or employee plan excise tax return (Form 5330). The data 
supplied on Form 5558 is used to determine if such extension of time is 
warranted.
    Affected Public: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 231,693.
    OMB Number: 1545-0231.
    Type of Review: Revision of a currently approved collection.
    Title: Credit for Alcohol Used as Fuel.
    Form: 6478.
    Abstract: IRC section 38(b)(3) allows a nonrefundable income tax 
credit for businesses that sell or use alcohol. Small ethanol producers 
also receive a nonrefundable credit for production of qualified 
ethanol. Form 6478 is used to figure the credits.
    Affected Public: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 231,693.
    OMB Number: 1545-1696.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Political Organization Report of Contributions and 
Expenditures.
    Form: 8872.
    Abstract: Internal Revenue Code section 527(j) requires certain 
political organizations to report certain contributions received and 
expenditures made after July 1, 2000. Every section 527 political 
organization that accepts a contribution or makes an expenditure for an 
exempt function during the calendar year must file Form 8872, except 
for: A political organization that is not required to file Form 8871, 
or a state or local committee of a political party or political 
committee of a state or local candidate.
    Affected Public: Private Sector: Not for-profits institutions.
    Estimated Total Burden Hours: 431,200.
    OMB Number: 1545-1707.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: TD 8957 Final--Estate Tax Return; Form 706, Extension to 
File.
    Abstract: This collection involves regulations relating to the 
filing of an application for an automatic 6-month extension of time to 
file an estate tax return (Form 706). The regulations provide guidance 
to executors of decedents' estates on how to properly file the 
application for the automatic extension.
    Affected Public: Individuals or Households.
    Estimated Total Burden Hours: 1.
    OMB Number: 1545-1711.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: REG-116050-99 (final) Stock Transfer Rules: Carryover of 
Earnings and Taxes.
    Abstract: This document contains final regulations addressing the 
carry over of certain attributes, such as earnings and profits and 
foreign income tax accounts, when two corporations combine in a 
corporate reorganization or liquidation that is described in both 
section 367(b) and section 381 of the Internal Revenue Code.
    Affected Public: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 1,800.
    OMB Number: 1545-2020.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: TD 9338--Information Returns Required with Respect to 
Certain Foreign Corporations and Certain Foreign-Owned Domestic 
Corporations.
    Abstract: This document contains final and temporary regulations 
that provide guidance under section 6038 and 6038A of the Internal 
Revenue Code. These regulations clarify the information required to be 
furnished regarding certain related party transactions of certain 
foreign corporations and certain foreign-owned domestic corporations. 
Specifically, in addition to the types of transactions listed in Sec. 
1.6038-2(f)(11) taxpayers are required to report the sales of tangible 
property other than stock in trade on Form 5471.
    Affected Public: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 1,250.
    OMB Number: 1545-2025.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Clean Renewable Energy Bond Credit and Gulf Bond Credit.
    Form: 8912.
    Abstract: Form 8912, Clean Renewable Energy Bond Credit and Gulf 
Bond Credit, was developed to carry out the provisions of new Internal 
Revenue Code sections 54 and 1400N(l). The form provides a means for 
the taxpayer to compute the clean renewable energy bond credit and the 
Gulf bond credit.
    Affected Public: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 5,555.
    OMB Number: 1545-2151.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Notice 2009-72--Qualifying Advanced Energy Project Credit.
    Abstract: This notice establishes the qualifying advanced energy 
project program (``advanced energy program'') under Sec.  48C(d) of the 
Internal Revenue Code and announces an initial allocation round of the 
qualifying advanced energy project credit (``advanced energy credit'') 
to qualifying advanced energy projects under the advanced energy 
program. A qualifying advanced energy project re-equips, expands, or 
establishes a manufacturing facility for the production of certain 
energy related property. A taxpayer must submit, for each qualifying 
advanced energy project: (1) An application for certification by the 
DOE (``application for DOE certification''), and (2) an application for 
certification under Sec.  48C(d)(2) by the Service (``application for 
Sec.  48C certification''). Both applications may be submitted only 
during the 2-year period beginning on August 14, 2009. Certifications 
will be issued and credits will be allocated to projects in annual 
allocation rounds. The initial allocation round was conducted in 2009-
10, and If necessary, additional allocation round in 2010-11.
    Affected Public: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 110,000.
    OMB Number: 1545-2152.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: The Health Coverage Tax Credit (HCTC) Reimbursement Request 
Form.
    Form: 14095.
    Abstract: This form will be used by HCTC participants to request 
reimbursement for health plan premiums paid prior to the commencement 
of advance payments.
    Affected Public: Individual or Households.
    Estimated Total Burden Hours: 2,039.
    OMB Number: 1545-2168.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Tax Return Preparer Complaint.
    Form: 14157.
    Abstract: This form will be used by taxpayers to report allegations 
of misconduct by tax return preparers. The form was created 
specifically for tax return preparer complaints and includes items 
necessary for the IRS to effectively

[[Page 19073]]

evaluate the complaint and route to the appropriate function.
    Affected Public: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 1,500.
    OMB Number: 1545-2235.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Reimbursable Agreement-Non-Federal Entities.
    Form: 14417.
    Abstract: Information collected with this form will be used by the 
IRS to enter into cost reimbursable agreements with state, local, 
foreign government, and commercial entities. The authority to perform 
services on a cost reimbursable basis is contained in Section 6103(p) 
of the Internal Revenue Code. Performance of services is authorized 
when consistent with the basic public obligations of the IRS.
    Affected Public: State, Local, and Tribal Governments.
    Estimated Total Burden Hours: 150.

Dawn D. Wolfgang,
Treasury PRA Clearance Officer.
[FR Doc. 2013-07169 Filed 3-27-13; 8:45 am]
BILLING CODE 4830-01-P