[Federal Register Volume 78, Number 148 (Thursday, August 1, 2013)]
[Notices]
[Pages 46689-46690]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-18485]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Information Collection; Comment Request

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)).

DATES: Written comments should be received on or before September 30, 
2013 to be assured of consideration.

ADDRESSES: Direct all written comments to Yvette B. 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: To obtain additional information, or 
copies of the information collection and instructions, or copies of any 
comments received, contact Elaine Christophe, at (202) 622-3179, or at 
Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW., 
Washington, DC 20224, or through the Internet, at 
[email protected].

SUPPLEMENTARY INFORMATION:

Request for Comments

    The Department of the Treasury and the Internal Revenue Service, as 
part of their continuing effort to reduce paperwork and respondent 
burden, invite the general public and other Federal agencies to take 
this opportunity to comment on the proposed or continuing information 
collections listed below in this notice, as required by the Paperwork 
Reduction Act of 1995, (44 U.S.C. 3501 et seq.).
    Request For Comments: Comments submitted in response to this notice 
will be summarized and/or included in our request for Office of 
Management and Budget (OMB) approval of the relevant information 
collection. All comments will become a matter of public record. Please 
do not include any confidential or inappropriate material in your 
comments.
    We invite comments on: (a) Whether the collection of information is 
necessary for the proper performance of the agency's functions, 
including whether the information has 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 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 the 
requested information.

Information Collections Open for Comment

    Currently, the IRS is seeking comments concerning the following 
forms, and reporting and recordkeeping requirements:
    Title: Election of Alternative Deficit Reduction Contribution.
    OMB Number: 1545-1884.
    Announcement Number: Announcement 2004-43.
    Abstract: Announcement 2004-43 describes the notice that must be 
given by an employer to plan participants and beneficiaries and to the 
Pension Benefit Guaranty Corporation within 30 days of making an 
election to take advantage of the alternative deficit reduction 
contribution described in Public Law, 108-18, and gives a special 
transition rules for the 1st quarter.
    Current Actions: There are no changes being made to the 
announcement at this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations, and 
Not-for-profit institutions.
    Estimated Number of Respondents: 200.
    Estimated Time per Respondent: 60 hours.
    Estimated Total Annual Burden Hours: 12,000.

    Title: LIFO Recapture Under Section 1363(d).
    OMB Number: 1545-1906.
    Regulation Project Number: TD 9210 (REG-149524-03).
    Abstract: Section 1.1363-2(e)(ii) allows a partnership to elect to 
adjust the basis of its inventory to take account of LIFO recapture. 
Section 1.1363-2(e)(3) provides guidance on how to make this election.

[[Page 46690]]

    Current Actions: There is no change to this existing regulation.
    Type of review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations and 
Individuals or households.
    Estimated Number of Respondents/Recordkeepers: 100.
    Estimated Time Per Respondent/Recordkeeper: 2 hrs.
    Estimated Total Annual Reporting/Recordkeeping Burden Hours: 200.

    Title: Transitional Guidance for Taxpayers Claiming Relief under 
the Military Spouses Residency Relief Act for Taxable Year 2009.
    OMB Number: 1545-2169.
    Regulation Project Number: Notice 2012-41 (Formerly 2010-30).
    Abstract: This notice extends the relief set forth in Notice 2010-
30 for civilian spouses described in the prior paragraph to taxable 
years beginning after November 11, 2010, and provides that such 
civilian spouses should follow the applicable procedures described in 
Notice 2010-30. Notice 2010-30 contains transitional guidance and 
provides civilian spouses working in a U.S. territory but claiming a 
tax residence in one of the 50 States or the District of Columbia 
(``U.S. mainland'') under MSRRA with an extension of time for paying 
the tax due the Internal Revenue Service (``IRS'') for 2011 and 
subsequent taxable years. This notice also provides civilian spouses 
working on the U.S. mainland but claiming a tax residence in a U.S. 
territory under MSRRA with guidance on filing claims for refund of 
federal income taxes that their employers withheld and remitted to the 
IRS or estimated tax payments the taxpayers paid to the IRS.
    Current Actions: Notice 2012-41 replaces Notice 2010-30.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Individuals and Households.
    Estimated Number of Respondents: 6,200.
    Estimated Time Per Respondent: 1 Hour.
    Estimated Total Annual Burden Hours: 6,200.

    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.

    Approved: July 25, 2013.
Yvette B. Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2013-18485 Filed 7-31-13; 8:45 am]
BILLING CODE 4830-01-P