[Federal Register Volume 78, Number 188 (Friday, September 27, 2013)]
[Notices]
[Pages 59758-59765]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-23583]
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DEPARTMENT OF THE TREASURY
Submission for OMB Review; Comment Request
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 October 28, 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: 1545-0004.
Type of Review: Extension without change of a currently approved
collection.
Title: Determination of Worker Status for Purposes of Federal
Employment Taxes and Income Tax Withholding.
Form: SS-8 & SS-8 (PR).
Abstract: Form SS-8 is used by employers and workers to furnish
information to IRS in order to obtain a determination as to whether a
worker is an employee for purposes of Federal employment taxes and
income tax withholding. IRS uses this information to make the
determination. Form SS-8(PR) is the Spanish version for use in Puerto
Rico of form SS-8 Determination of Worker Status for Purposes of
Federal Employment Taxes and Income Tax Withholding. IRS uses this
information to make the determination.
Affected Public: Private sector: Businesses and other for-profits.
Estimated Annual Burden Hours: 143,816.
OMB Number: 1545-0008.
Type of Review: Revision of a currently approved collection.
Title: Wage and Tax Statements.
Form: W-2/W-3 Series.
Abstract: Section 6051 of the Internal Revenue Code requires
employers to furnish income and withholding statements to employees and
to the IRS. Employers report income and withholding information on Form
W-2. Forms W-2AS, W-2GU, and W-2VI are variations of the W-2 for use in
U.S. possessions. The W-3 series forms transmit W-2 series forms to SSA
for processing. The W-2C and W-3C series are used to correct previously
filed forms.
Affected Public: Private sector: Businesses and other for-profits.
Estimated Annual Burden Hours: 1.
OMB Number: 1545-0041.
Type of Review: Extension without change of a currently approved
collection.
Title: Corporation Dissolution or Liquidation.
Form: 966.
Abstract: Form 966 is filed by a corporation whose shareholders
have agreed to liquidate the corporation. As a result of the
liquidation, the shareholders receive the property of the corporation
in exchange for their stock. The IRS uses Form 966 to determine if the
liquidation election was properly made and if any taxes are due on the
transfers of property.
Affected Public: Private sector: Businesses and other for-profits.
Estimated Annual Burden Hours: 209,820.
OMB Number: 1545-0092.
Type of Review: Extension without change of a currently approved
collection.
Title: U.S. Income Tax Return for Estates and Trusts.
Form: 1041 and related schedules.
Abstract: IRC section 6012 requires that an annual income tax
return be filed for estates and trusts. Data is used to determine that
the estates, trusts, and beneficiaries filed the proper returns and
paid the correct tax. IRC section 59 requires the fiduciary to re-
compute the distributable net income on a minimum tax basis.
Affected Public: Private sector: Businesses and other for-profits.
Estimated Annual Burden Hours: 375,796,476.
[[Page 59759]]
OMB Number: 1545-0134.
Type of Review: Extension without change of a currently approved
collection.
Title: Application to Adopt, Change, or Retain a Tax Year.
Form: 1128.
Abstract: Form 1128 is needed in order to process taxpayers'
request to change their tax year. All information requested is used to
determine whether the application should be approved. Respondents are
taxable and nontaxable entities including individuals, partnerships,
corporations, estates, tax-exempt organizations and cooperatives.
Affected Public: Private sector: Businesses and other for-profits.
Estimated Annual Burden Hours: 232,066.
OMB Number: 1545-0170.
Type of Review: Extension without change of a currently approved
collection.
Title: Corporation Application for Quick Refund of Overpayment of
Estimated Tax.
Form: 4466.
Abstract: Form 4466 is used by a corporation to file for an
adjustment (quick refund) of overpayment of estimated income tax for
the tax year. This information is used to process the claim, so the
refund can be issued.
Affected Public: Private sector; Businesses or other for-profits.
Estimated Annual Burden Hours: 76,433.
OMB Number: 1545-0181.
Type of Review: Extension without change of a currently approved
collection.
Title: Application for Extension of Time to File a Return and/or
Pay U.S. Estate (and Generation-Skipping Transfer) Taxes.
Form: 4768.
Abstract: Form 4768 is used by estates to request an extension of
time to file an estate (and GST) tax return and/or to pay the estate
(and GST) taxes and to explain why the extension should be granted. IRS
uses the information to decide whether the extension should be granted.
Affected Public: Individuals or households.
Estimated Annual Burden Hours: 30,710.
OMB Number: 1545-0232.
Type of Review: Extension without change of a currently approved
collection.
Title: Information Return of Nontaxable Energy Grants or Subsidized
Energy Financing.
Form: 6497.
Abstract: Section 6050D of the Internal Revenue Code requires an
information return to be made by any person who administers a Federal,
state, or local program providing nontaxable grants or subsidized
energy financing. Form 6497 is used for making the information return.
The IRS uses the information from the form to ensure that recipients
have not claimed tax credits or other benefits with respect to the
grants or subsidized financing.
Affected Public: Private sector; Businesses or other for-profits.
Estimated Annual Burden Hours: 810.
OMB Number: 1545-0242.
Type of Review: Extension without change of a currently approved
collection.
Title: Gas Guzzler Tax.
Form: 6197.
Abstract: Form 6197 is used to compute the gas guzzler tax on
automobiles whose fuel economy does not meet certain standard for fuel
economy. The tax is reported quarterly of Form 720. Form 6197 is filed
each quarter with Form 720 for manufacturers. Individuals can make a
one-time filing if they import a gas guzzler auto for personal use. The
IRS uses the information to verify computation of the tax and
compliance with the law.
Affected Public: Private sector; businesses or other for-profits.
Estimated Annual Burden Hours: 4,659.
OMB Number: 1545-0582.
Type of Review: Extension without change of a currently approved
collection.
Title: Corporation Application for Tentative Refund.
Form: 1139.
Abstract: Form 1139 is filed by corporations that expect to have a
net operating loss, net capital loss, or unused general business
credits carried back to a prior tax year. IRS uses Form 1139 to
determine if the amount of the loss or unused credits is proper.
Affected Public: Private sector; businesses or other for-profits.
Estimated Annual Burden Hours: 165,938.
OMB Number: 1545-0685.
Type of Review: Extension without change of a currently approved
collection.
Title: Export Exemption Certificate.
Form: 1363.
Abstract: IRC section 4272(b)(2) excepts exported property from the
excise tax on transportation of property. Regulation section 49.4271-
1(d)(2) authorizes the filing of Form 1363 by the shipper to request
exemption for a shipment, or a series of shipments. The form is filed
with the carrier. It is used by IRS as proof of tax exempt status of
each shipment.
Affected Public: Private sector; businesses or other for-profits.
Estimated Annual Burden Hours: 425,000.
OMB Number: 1545-0704.
Type of Review: Extension without change of a currently approved
collection.
Title: Information Return of U.S. Persons With Respect To Certain
Foreign Corporations.
Form: 5471 and related schedules.
Abstract: Form 5471 and related schedules are used by U.S. persons
that have an interest in a foreign corporation. The form is used to
report income from the foreign corporation. The form and schedules are
used to satisfy the reporting requirements of sections 6035, 6038 and
6046 and the regulations there under pertaining to the involvement of
U.S. persons with certain foreign corporations.
Affected Public: Private sector: Businesses and other for-profits.
Estimated Annual Burden Hours: 3,153,586.
OMB Number: 1545-0720.
Type of Review: Extension without change of a currently approved
collection.
Title: Information Return for Tax-Exempt Private Activity Bond
Issues (Form 8038), Information Return for Tax-Exempt Governmental
Obligation (Form 8038-G), and Information Return for Small Tax-Exempt
Governmental Bond Issues, Leases, and Installment Sales (Form 8038-GC).
Form: 8038, 8038-G, and 8038-GC.
Abstract: Issuers of state or local bonds must comply with certain
information reporting requirements contained in Internal Revenue Code
section 149 to qualify for tax exemption. The information must be
reported by the issuers about bonds issued by them during each
preceding calendar quarter. Forms 8038, 8038-G, and 8038-GC are used to
provide the IRS with the information required by Code section 149 and
to monitor the requirements of Code sections 141 through 150.
Affected Public: State, Local and Tribal Governments; Private
sector: Businesses and other for-profits.
Estimated Annual Burden Hours: 845,394.
OMB Number: 1545-0732.
Type of Review: Extension without change of a currently approved
collection.
Title: TD 8251--Credit for Increasing Research Activity (LR-236-
81).
Abstract: This regulation provides rules for the credit for
increasing
[[Page 59760]]
research activities. Internal Revenue Code section 41(f) provides that
commonly controlled groups of taxpayers shall compute the credit as if
they are single taxpayer. The credit allowed to a member of the group
is a portion of the group's credit. Section 1.41-8(d) of the regulation
permits a corporation that is a member of more than one group to
designate which controlled group they will be aggregated with the
purposes of Code section 41(f).
Affected Public: Private sector: Businesses and other for-profits.
Estimated Annual Burden Hours: 63.
OMB Number: 1545-0754.
Type of Review: Extension without change of a currently approved
collection.
Title: LR-255-81 (Final) Substantiation of Charitable
Contributions.
Abstract: Congress intended that the IRS prescribe rules and
requirements to assure substantiation and verification of charitable
contributions. The regulations serve these purposes.
Affected Public: Private sector: Businesses and other for-profits.
Estimated Annual Burden Hours: 2,158,000.
OMB Number: 1545-0763.
Type of Review: Extension without change of a currently approved
collection.
Title: TD 8069--Qualified Conservation Contributions (LR-200-76).
Abstract: The information is necessary to comply with various
substantive requirements of section 170(h), which describes situations
in which a taxpayer is entitled to an income tax deduction for a
charitable contribution for conservation purposes of a partial interest
in real property.
Affected Public: Private sector: Businesses and other for-profits.
Estimated Annual Burden Hours: 1,250.
OMB Number: 1545-0782.
Type of Review: Extension without change of a currently approved
collection.
Title: TD 6629--Limitation on Reduction in Income Tax Liability
Incurred to the Virgin Islands (LR-7).
Abstract: The Tax Reform Act of 1986 repealed the mandatory
reporting and recordkeeping requirements of section 934(d)(1954 Code).
The prior exception to the general rule of section 934 (1954 Code) to
prevent the Government of the U.S. Virgin Islands from granting tax
rebates with regard to taxes attributable to income derived from
sources within the U.S. was contingent upon the taxpayer's compliance
with the reporting requirements of section 934(d).
Affected Public: Individuals or households.
Estimated Annual Burden Hours: 185.
OMB Number: 1545-0874.
Type of Review: Extension without change of a currently approved
collection.
Title: Carryforward Election of Unused Private Activity Bond Volume
Cap.
Form: 8328.
Abstract: Section 146(f) of the Internal Revenue Code requires that
issuing authorities of certain types of tax-exempt bonds must notify
the IRS if they intend to carry forward the unused limitation for
specific projects. The IRS uses the information to complete the
required study of tax-exempt bonds (required by Congress).
Affected Public: Private sector: Businesses and other for-profits.
Estimated Annual Burden Hours: 132,200.
OMB Number: 1545-0908.
Type of Review: Extension without change of a currently approved
collection.
Title: Form 8282, Donee Information Return (Sale, Exchange or Other
Disposition of Donated Property); Form 8283, Noncash Charitable
Contributions.
Form: 8282, 8283.
Abstract: Internal Revenue Code section 170(a)(1) and regulation
section 1.170A-13(c) require donors of property valued over $5,000 to
file certain information with their tax return in order to receive the
charitable contribution deduction. Form 8283 is used to report the
required information. Code section 6050L requires donee organizations
to file an information return with the IRS if they dispose of the
property received within two years. Form 8282 is used for this purpose.
Affected Public: Private sector; businesses or other for-profits.
Estimated Annual Burden Hours: 7,805,692.
OMB Number: 1545-0959.
Type of Review: Extension without change of a currently approved
collection.
Title: TD 8095--Estate and Gift Taxes; Qualified Disclaimers of
Property (LR-213-76).
Abstract: Title 26 USC Section 2518 allows a person to disclaim an
interest in property received by gift or inheritance. The interest is
treated as if the dis-claimant never received or transferred such
interest for Federal gift tax purposes. A qualified disclaimer must be
in writing and delivered to the transferor or trustee.
Affected Public: Individuals or households.
Estimated Annual Burden Hours: 1,000.
OMB Number: 1545-0990.
Type of Review: Extension without change of a currently approved
collection.
Title: Annual Low-Income Housing Credit Agencies Report; Schedule
A, Carryover Allocation of Low-Income Housing Credit.
Form: 8610; Schedule A (Form 8610).
Abstract: State housing credit agencies (Agencies) are required by
Code section 42(l)(3) to report annually the amount of low-income
housing credits that they allocated to qualified buildings during the
year. Agencies report the amount allocated to the building owners and
to the IRS in Part I of Form 8609. Carryover allocations are reported
to the Agencies in carryover allocation documents. The Agencies report
the carryover allocations to the IRS on Schedule A (Form 8610). Form
8610 is a transmittal and reconciliation document for Forms 8609,
Schedule A (Form 8610), binding agreements, and election statements.
Affected Public: State, Local, and Tribal Government.
Estimated Annual Burden Hours: 6,529.
OMB Number: 1545-1036.
Type of Review: Extension without change of a currently approved
collection.
Title: Election to Have a Tax Year Other Than a Required Tax Year.
Form: 8716.
Abstract: Form 8716 is filed by partnerships, S Corporations, and
personal service corporations, under section 444(a), to elect to retain
or to adopt a tax year that is not a required tax year. The form
provides the IRS with information to determine that the section 444(a)
election is properly made and identifies the tax year to be retained,
changed, or adopted.
Affected Public: Private sector; businesses or other for-profits.
Estimated Annual Burden Hours: 204,400.
OMB Number: 1545-1038.
Type of Review: Extension without change of a currently approved
collection.
Title: Annual Certification of a Qualified Residential Rental
Project.
Form: 8703.
Abstract: Operators of qualified residential projects will use this
form to certify annually that their projects meet the requirements of
IRC section 142(d). Operators are required to file this
[[Page 59761]]
certification under section 142(d)(7). Operators must indicate on the
form the specific ``set-aside'' test the bond issuer elected under 26
U.S.C. 142(d) for the project period. They must also indicate the
percentage of low-income units in the residential rental project.
Affected Public: Private sector: Businesses and other for-profits.
Estimated Annual Burden Hours: 76,620.
OMB Number: 1545-1070.
Type of Review: Extension without change of a currently approved
collection.
Title: TD 8223--Temporary, Branch Tax; TD 8432--Final and
Temporary, Branch Profits Tax; and TD 8657--Final and Temporary,
Regulations on Effectively Connected Income and the Branch Profits Tax.
Abstract: The regulations explain how to comply with section 884,
which imposes a tax on the earnings of a foreign corporation's branch
that are removed from the branch and which subjects interest paid by
the branch, and certain interest deducted by the foreign corporation to
tax.
Affected Public: Private sector: Businesses and other for-profits.
Estimated Annual Burden Hours: 12,694.
OMB Number: 1545-1117.
Type of Review: Extension without change of a currently approved
collection.
Title: Notice 89-61, Imported Substances; Rules for Filing a
Petition.
Abstract: Section 4671 of the Internal Revenue Code imposes a tax
on the sale or use of certain imported taxable substances by the
importer. Code section 4672 provides an initial list of taxable
substances and provides that importers and exporters may petition the
Secretary of the Treasury to modify the list. Notice 89-61 sets forth
the procedures to be followed in petitioning the Secretary.
Affected Public: Private sector: Businesses and other for-profits.
Estimated Annual Burden Hours: 100.
OMB Number: 1545-1132.
Type of Review: Extension without change of a currently approved
collection.
Title: TD 8300--Registration Requirements with Respect to Certain
Debt Obligations; Application of Repeal of 30 Percent Withholding by
the Tax Reform Act of 1984 (INTL-536-89).
Abstract: The Internal Revenue Service needs the information in
order to ensure that purchasers of bearer obligations are not U.S.
persons (other than those permitted to hold obligations under section
165(j) and to ensure that U.S. persons holding bearer obligations
properly report income and gain on such obligations.
Affected Public: Private sector: Businesses and other for-profits.
Estimated Annual Burden Hours: 850.
OMB Number: 1545-1212.
Type of Review: Extension without change of a currently approved
collection.
Title: U.S. Estate Tax Return for Qualified Domestic Trusts.
Form: 706-QDT.
Abstract: Form 706-QDT is used by the trustee or the designated
filer to compute and report the Federal estate tax imposed on qualified
domestic trusts by C section 2056A. IRS uses the information to enforce
this tax and to verify that the tax has been properly computed.
Affected Public: Individuals or households.
Estimated Annual Burden Hours: 357.
OMB Number: 1545-1226.
Type of Review: Extension without change of a currently approved
collection.
Title: FI-59-89 (Final) Proceeds of Bonds Used for Reimbursement.
Abstract: This regulation clarifies when the allocation of bond
proceeds to reimburse expenditures previously made by an issuer of the
bond is treated as an expenditure of the bond proceeds. The issuer must
express a reasonable official intent, on or prior to the date of
payment, to reimburse the expenditure in order to assure that the
reimbursement is not a device to evade requirements imposed by the
Internal Revenue Code with respect to tax exempt bonds.
Affected Public: State, Local, and Tribal Governments.
Estimated Annual Burden Hours: 6,000.
OMB Number: 1545-1578.
Type of Review: Extension without change of a currently approved
collection.
Title: TD 9032--Election to Treat Trust as Part of an Estate (REG-
106542-98).
Abstract: TD 9032 and Rev. Proc. 98-13 relate to an election to
have certain revocable trusts treated and taxed as part of an estate,
and provides the procedures and requirements for making the section 645
election.
Affected Public: Individuals or households.
Estimated Annual Burden Hours: 5,000.
OMB Number: 1545-1588.
Type of Review: Extension without change of a currently approved
collection.
Title: TD 8847--Adjustments Following Sales of Partnership
Interests.
Abstract: Partnerships, with a section 754 election in effect, are
required to adjust the basis of partnership property following certain
transfers of partnership interests. The regulations require the
partnership to attach a statement to its partnership return indicating
the adjustment and how it was allocated among the partnership property.
Affected Public: Private sector; businesses or other for-profits.
Estimated Annual Burden Hours: 904,000.
OMB Number: 1545-1589.
Type of Review: Extension without change of a currently approved
collection.
Title: Revenue Procedure 98-19, Exceptions to the notice and
reporting requirements of section 6033(e)(1) and the tax imposed by
section 6033(e)(2).
Abstract: Revenue Procedure 98-19 provides guidance to
organizations exempt from taxation under section 501(a) of the Internal
Revenue Code of 1986 on certain exceptions from the reporting and
notice requirements of section 6033(e)(1) and the tax imposed by
section 6033(e)(2).
Affected Public: Private sector: Not-for-profit institutions.
Estimated Annual Burden Hours: 150,000.
OMB Number: 1545-1592.
Type of Review: Extension without change of a currently approved
collection.
Title: Revenue Procedure 2007-12, Certification for No Information
Reporting on the Sale of a Principal Residence.
Abstract: This revenue procedure supersedes Rev. Proc. 98-20, 98-1
C.B. 549, and provides the written assurances that are acceptable to
the Service for exempting a real estate reporting person from
information reporting requirements for the sale of a principal
residence under section 6045(e)5) of the Internal Revenue Code.
Affected Public: Individuals or households.
Estimated Annual Burden Hours: 420,500.
OMB Number: 1545-1595.
Type of Review: Extension without change of a currently approved
collection.
Title: Revenue Procedure 98-25, Automatic Data Processing.
Abstract: Rev. Proc. 98-25 specifies the basic requirements that
the IRS considers to be essential in cases where a taxpayer's records
are maintained
[[Page 59762]]
within an Automatic Data Processing System (ADP). If machine-sensible
records are lost, stolen, destroyed, or materially inaccurate, the Rev.
Proc. requires that a taxpayer promptly notify its District Director
and submit a plan to replace the affected records. The District
Director will notify the taxpayer of any objection(s) to the taxpayer's
plan. Also, the Rev. Proc. provides that a taxpayer who maintains
machine-sensible records may request to enter into a Record Retention
Limitation Agreement (RRLA) with its District Director.
Affected Public: Private sector; businesses or other for-profits.
Estimated Annual Burden Hours: 120,000.
OMB Number: 1545-1625.
Type of Review: Extension without change of a currently approved
collection.
Title: TD 8943 & TD 9104--Credit for Increasing Research
Activities; Revocation of Election.
Abstract: These final regulations relate to the computation of the
credit under section 41(c) and the definition of qualified research
under section 41(d). These regulations are intended to provide (1)
guidance concerning the requirements necessary to qualify for the
credit for increasing research activities, (2) guidance in computing
the credit for increasing research activities, and (3) rules for
electing and revoking the election of the alternative incremental
credit.
Affected Public: Private sector; businesses or other for-profits.
Estimated Annual Burden Hours: 250.
OMB Number: 1545-1668.
Type of Review: Extension without change of a currently approved
collection.
Title: Return of U.S. Persons With Respect to Certain Foreign
Partnerships.
Form: 8865 and related schedules.
Abstract: The Taxpayer Relief Act of 1997 significantly modified
the information reporting requirements with respect to foreign
partnerships. The Act made the following three changes (1) expanded
section 6038B to require U.S. persons transferring property to foreign
partnerships in certain transactions to report those transfers; (2)
expanded section 6038 to require certain U.S. Partners of controlled
foreign partnerships to report information about the partnerships; and
(3) modified the reporting required under section 6046A with respect to
acquisitions and dispositions of foreign partnership interests.
Affected Public: Private sector; businesses or other for-profits.
Estimated Annual Burden Hours: 245,074.
OMB Number: 1545-1669.
Type of Review: Extension without change of a currently approved
collection.
Title: REG-108639-99 (Final) Retirement Plans; Cash or Deferred
Arrangements Under Section 401(k) and Matching Contributions or
Employee Contributions Under Section 401(m); Notice 2000-3.
Abstract: The regulations provide guidance for qualified retirement
plans containing cash or deferred arrangements under section 401(k) and
providing matching contributions or employee contributions under
section 401(m). The IRS needs this information to insure compliance
with sections 401(k) and 401(m).
Affected Public: Private sector; businesses or other for-profits.
Estimated Annual Burden Hours: 26,500.
OMB Number: 1545-1708.
Type of Review: Extension without change of a currently approved
collection.
Title: Publication 1345, Handbook for Authorized IRS e-file
Providers.
Abstract: This publication provides important information for
Authorized IRS e-file Providers of Individual Income Tax Returns,
including information regarding return submission, record keeping
requirements, payment options, and refunds.
Affected Public: Private sector; businesses or other for-profits.
Estimated Annual Burden Hours: 6,023,762.
OMB Number: 1545-1709.
Type of Review: Extension without change of a currently approved
collection.
Title: Application for Extension of Time to File an Exempt
Organization Return.
Form: 8868.
Abstract: Title 26 U.S.C. 6081 of the Internal Revenue Code grants
a reasonable extension of time for filing any return. This form is used
by fiduciaries and certain exempt organizations, to request an
extension of time to file their returns. The information is used to
determine whether the extension should be granted.
Affected Public: Private sector: Not-for-profit institutions.
Estimated Annual Burden Hours: 1,291,497.
OMB Number: 1545-1715.
Type of Review: Extension without change of a currently approved
collection.
Title: Tip Rate Determination Agreement (for use by employers in
the food and beverage industry).
Abstract: Information is required by the Internal Revenue Service
in its tax compliance efforts to assist employers and their employees
in understanding and complying with section 26 U.S.C. 6053(a), which
requires employees to report all their tips monthly to their employers.
Affected Public: Private sector: Businesses and other for-profits.
Estimated Annual Burden Hours: 1,737.
OMB Number: 1545-1716.
Type of Review: Extension without change of a currently approved
collection.
Title: Notice 2001-1, Employer-Designed Tip Reporting Program for
the Food and Beverage Industry (EmTRAC).
Abstract: Information is required by the Internal Revenue Service
in its compliance efforts to assist employers and their employees in
understanding and complying with section 6053(a), which requires
employees to report all their tips monthly to their employers.
Affected Public: Private sector: Businesses and other for-profits.
Estimated Annual Burden Hours: 870.
OMB Number: 1545-1729.
Type of Review: Extension without change of a currently approved
collection.
Title: TD 9114 (Final) Electronic Payee Statements.
Abstract: Congress intended that the IRS prescribe rules and
requirements to assure substantiation and verification of charitable
contributions. The regulations serve these purposes.
Affected Public: Private sector: Businesses and other for-profits.
Estimated Annual Burden Hours: 2,844,950.
OMB Number: 1545-1730.
Type of Review: Extension without change of a currently approved
collection.
Title: TD 8941--Obligations of States and Political Subdivisions.
Abstract: Section 142(f)(4) of the Internal Revenue Code of 1986
permits a person engaged in the local furnishing of electric energy or
gas that uses facilities financed with exempt facility bonds under
section 142(a)(8) and that expands it service area in a manner
inconsistent with the requirements of sections 142(a)(8) and 142(f) to
make an election to ensure that those bonds will continue to be treated
as tax-exempt bonds. The final regulations (1.142(f)-1) set forth the
required time and manner of making this statutory election.
Affected Public: Private sector: Businesses and other for-profits.
[[Page 59763]]
Estimated Annual Burden Hours: 15.
OMB Number: 1545-1733.
Type of Review: Extension without change of a currently approved
collection.
Title: Carrier Summary Report.
Form: 720-CS.
Abstract: Representatives of the motor fuel industry, state
governments, and the Federal government are working to ensure
compliance with excise taxes on motor fuels. This joint effort has
resulted in a system to track the movement of all products to and from
terminals. Form 720-CS is an information return that will be used by
carriers to report their monthly deliveries and receipts of products to
and from terminals.
Affected Public: Private sector: Businesses and other for-profits.
Estimated Annual Burden Hours: 183,027.
OMB Number: 1545-1734.
Type of Review: Extension without change of a currently approved
collection.
Title: Terminal Operator Report.
Form: 720-TO.
Abstract: Representatives of the motor fuel industry, state
governments, and the Federal government are working to ensure
compliance with excise taxes on motor fuels. This joint effort has
resulted in a system to track the movement of all products to and from
terminals. Form 720-TO is an information return that will be used by
terminal operators to report their monthly receipts and disbursements
of products.
Affected Public: Private sector: Businesses and other for-profits.
Estimated Annual Burden Hours: 2,347,020.
OMB Number: 1545-1735.
Type of Review: Extension without change of a currently approved
collection.
Title: Revenue Procedure 2001-20, Voluntary Compliance on Alien
Withholding Program (VCAP).
Abstract: The revenue procedure will improve voluntary compliance
of colleges and universities in connection with their obligations to
report, withhold and pay taxes due on compensation paid to foreign
students and scholars (nonresident aliens). The revenue procedure
provides an optional opportunity for colleges and universities which
have not fully complied with their tax obligations concerning
nonresident aliens to self-audit and come into compliance with
applicable reporting and payment requirements.
Affected Public: Private sector; not-for-profit institutions.
Estimated Annual Burden Hours: 346,500.
OMB Number: 1545-1736.
Type of Review: Extension without change of a currently approved
collection.
Title: Revenue Procedure 2001-24, Advanced Insurance Commissions.
Abstract: A taxpayer that wants to obtain automatic consent to
change its method of accounting for cash advances on commissions paid
to its agents must agree to the specified terms and conditions under
the revenue procedure. This agreement is ratified by attaching the
required statement to the federal income tax return for the year of
change.
Affected Public: Private sector: Businesses and other for-profits.
Estimated Annual Burden Hours: 1,318.
OMB Number: 1545-1836.
Type of Review: Extension without change of a currently approved
collection.
Title: Support Schedule for Advance Ruling Period.
Form: 8734.
Abstract: Form 8734 is used by charitable exempt organizations to
furnish financial information supporting its qualification of public
charity status under 26 U.S.C. 509 and that the IRS can use to classify
a charity as a public charity.
Affected Public: Private sector; not-for-profit institutions.
Estimated Annual Burden Hours: 97,411.
OMB Number: 1545-1859.
Type of Review: Extension without change of a currently approved
collection.
Title: Notice 2004-11, Recordkeeping Agreement Pilot Program
Involving Credit for Increasing Research Activities.
Abstract: This notice announces a pilot program in which the
Internal Revenue Service and large and mid-size business taxpayers may
enter into research credit record keeping agreements (RCRAs). If the
taxpayer complies with the terms of the RCRA, the Service will deem the
taxpayer to satisfy the record keeping requirements of section 6001 for
purposes of the credit for increasing research activities under section
41 of the Internal Revenue Code.
Affected Public: Private sector; businesses or other for-profits.
Estimated Annual Burden Hours: 1,170.
OMB Number: 1545-1869.
Type of Review: Extension without change of a currently approved
collection.
Title: Information Return for Acquisition of Control or Substantial
Change in Capital Structure.
Form: 8806.
Abstract: Form 8806 is used to report information regarding
transactions involving acquisition of control or substantial change in
capital structure under section 6043.
Affected Public: Private sector; businesses or other for-profits.
Estimated Annual Burden Hours: 113.
OMB Number: 1545-1872.
Type of Review: Extension without change of a currently approved
collection.
Title: Request for Transcript of Tax Return.
Form: 4506-T.
Abstract: Internal Revenue Code section 7513 allows taxpayers to
request a copy of a tax return or related products. Form 4506-T is used
to request all products except copies of returns. The information
provided will be used to search the taxpayers account and provide the
requested information and to ensure that the requestor is the taxpayer
or someone authorized by the taxpayer to obtain the documents
requested.
Affected Public: Individuals or households.
Estimated Annual Burden Hours: 555,600.
OMB Number: 1545-1875.
Type of Review: Extension without change of a currently approved
collection.
Title: Revenue Procedure 2004-12, Health Insurance Costs of
Eligible Individuals.
Abstract: Revenue Procedure 2004-12 informs states how to elect a
health program to be qualified health insurance for purposes of the
health coverage tax credit (HCTC) under section 35 of the Internal
Revenue Code. The collection of information is voluntary. However, if a
state does not make an election, eligible residents of the state may be
impeded in their efforts to claim the HCTC.
Affected Public: State, Local, and Tribal Governments.
Estimated Annual Burden Hours: 26.
OMB Number: 1545-1877.
Type of Review: Extension without change of a currently approved
collection.
Title: Revenue Procedure 2004-18, Average Area Purchase Price Safe
Harbors and Nationwide Purchase Prices under section 143.
Abstract: Revenue Procedure 2004-18 provides issuers of qualified
mortgage
[[Page 59764]]
bonds, as defined in section 143(a) of the Internal Revenue Code, and
issuers of mortgage credit certificates, as defined in section 25(c),
with (1) nationwide average purchase prices for residences located in
the United States, and (2) average area purchase price safe harbors for
residences located in statistical areas in each state, the District of
Columbia, Puerto Rico, the Northern Mariana Islands, American Samoa,
the Virgin Islands, and Guam.
Affected Public: State, Local, and Tribal Governments.
Estimated Annual Burden Hours: 15.
OMB Number: 1545-1908.
Type of Review: Extension without change of a currently approved
collection.
Title: TD 9495--Qualified Zone Academy Bonds: Obligations of States
and Political Subdivision (REG-121475-03).
Abstract: The regulations that provide guidance to state and local
governments that issue qualified zone academy bonds and to banks,
insurance companies, and other taxpayers that holds those bonds on the
program requirements for qualified zone academy bonds. The final
regulations implement the amendments to section 1397E and provide
guidance on the maximum term, permissible use of proceeds, and remedial
actions for qualified zone academy bonds. Affected Public: State,
Local, and Tribal Governments.
Estimated Annual Burden Hours: 3.
OMB Number: 1545-1979.
Type of Review: Extension without change of a currently approved
collection.
Title: Energy Efficient New Home Credit.
Form: 8908.
Abstract: Eligible contractors will use Form 8908 to claim the
credit for new energy efficient homes that are acquired by sale or
lease by an individual from that contractor during the tax year for use
as a residence.
Affected Public: Private sector: Businesses and other for-profits.
Estimated Annual Burden Hours: 512,820.
OMB Number: 1545-2040.
Type of Review: Extension without change of a currently approved
collection.
Title: Revenue Procedure 2006-42--Granting Automatic Consent to
Change Certain Elections Relating to the Apportionment of Interest
Expense and Research and Experimental Expenditures.
Abstract: This revenue procedure sets forth the administrative
procedures for taxpayers to obtain automatic approval to change certain
elections relating to the apportionment of interest expense under
Sec. Sec. 1.861-8T(c)(2) and 1.861-9(i)(2) and research and
experimental expenditures (R&E) under Sec. 1.861-17(e). A taxpayer
complying with this revenue procedure will be deemed to have obtained
the approval of the Commissioner of the Internal Revenue Service to
change those elections.
Affected Public: Private sector: Businesses and other for-profits.
Estimated Annual Burden Hours: 100.
OMB Number: 1545-2042.
Type of Review: Extension without change of a currently approved
collection.
Title: IRS e-file Signature Authorization for Form 1065.
Form: 8879-PE.
Abstract: Form 8879-PE, IRS e-file Signature Authorization for Form
1065, was developed for modernized e-file for partnerships under
Internal Revenue Code sections 6109 and 6103.
Affected Public: Private sector: Businesses and other for-profits.
Estimated Annual Burden Hours: 2,635.
OMB Number: 1545-2050.
Type of Review: Extension without change of a currently approved
collection.
Title: Notice 2006-109 -Interim Guidance Regarding Supporting
Organizations and Donor Advised Funds.
Abstract: Notice 2006-109 provides interim guidance regarding
application of new or revised requirements under sections 1231 and
1241-1244 of the Pension Protection Act of 2006. It also provides
interim relief from application of new excise taxes on private
foundation grants to supporting organizations and on sponsoring
organizations of donor advised funds.
Affected Public: Private sector; not-for-profit institutions.
Estimated Annual Burden Hours: 612,294.
OMB Number: 1545-2079.
Type of Review: Extension without change of a currently approved
collection.
Title: TD 9334--Disclosure Requirements With Respect to Prohibited
Tax Shelter Transactions.
Abstract: This document contains final regulations that provide
guidance under section 4965 of the Internal Revenue Code (Code),
relating to excise taxes with respect to prohibited tax shelter
transactions to which tax-exempt entities are parties, and sections
6033(a)(2) and 6011(g) of the Code, relating to certain disclosure
obligations with respect to such transactions.
Affected Public: Private sector: Businesses and other for-profits.
Estimated Annual Burden Hours: 98,500.
OMB Number: 1545-2160.
Type of Review: Extension without change of a currently approved
collection.
Title: Information Return for Tax Credit Bonds.
Form: 8038-TC.
Abstract: Form 8038-TC will be used by issuers of qualified tax-
exempt credit bonds, including tax credit bonds enacted under the
American Recovery and Reinvestment Act of 2009, to capture information
required by IRC section 149(e) using a schedule approach. For
applicable types of bond issues, filers will use this form instead of
Form 8038, Information Return for Tax-Exempt Private Activity Bond
Issues.
Affected Public: State, Local, and Tribal Governments.
Estimated Annual Burden Hours: 20,294.
OMB Number: 1545-2163.
Type of Review: Extension without change of a currently approved
collection.
Title: HCTC--Family Member Eligibility Form.
Form: 14116.
Abstract: This form will be used by the family members of Health
Coverage Tax Credit (HCTC) eligible individuals under circumstances
where the original candidate has died or become divorced from the
family member. This form allows family member to begin the HCTC
registration process by verifying the family member's eligibility.
Affected Public: Individuals or households.
Estimated Annual Burden Hours: 30.
OMB Number: 1545-2194.
Type of Review: Extension without change of a currently approved
collection.
Title: Rev. Proc. 2011-34--Rules for Certain Rental Real Estate
Activities.
Abstract: This Revenue Procedure grants relief under Section 1.469-
9(g) for certain taxpayers to make late elections to treat all
interests in rental real estate as a single rental real estate
activity.
Affected Public: Individuals or Households.
Estimated Annual Burden Hours: 1,000.
OMB Number: 1545-2222.
Type of Review: Extension without change of a currently approved
collection.
Title: VITA/TCE Volunteer Program.
[[Page 59765]]
Form: 8653, 8654, 13715, 13260, 14024, and 14310.
Abstract: The Internal Revenue Service offers free assistance with
tax return preparation and tax counseling using specially trained
volunteers. The Volunteer Income Tax Assistance (VITA) and Tax
Counseling for the Elderly (TCE) programs assist seniors and
individuals with low to moderate incomes, those with disabilities, and
those for whom English is a second language.
Affected Public: Individuals or households.
Estimated Annual Burden Hours: 16,097.
OMB Number: 1545-2241.
Type of Review: Extension without change of a currently approved
collection.
Title: Offshore Voluntary Disclosure Program (OVDP).
Abstract: The information provided on the submission form will be
used to assist in timely determination of acceptance into the Voluntary
Disclosure Program. Taxpayers with undisclosed foreign accounts or
entities should make a voluntary disclosure because it enables them to
become compliant, avoid substantial civil penalties and generally
eliminate the risk of criminal prosecution, including penalty sections
6651, 6035, 6038, 6046, 6048, and 6662.
Affected Public: Individuals or households.
Estimated Annual Burden Hours: 456,000.
Dawn D. Wolfgang,
Treasury PRA Clearance Officer.
[FR Doc. 2013-23583 Filed 9-26-13; 8:45 am]
BILLING CODE 4830-01-P