[Federal Register Volume 79, Number 229 (Friday, November 28, 2014)]
[Notices]
[Pages 70933-70934]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-28128]


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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

November 24, 2014.
    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 December 29, 2014 to be 
assured of consideration.

ADDRESSES: Send comments regarding the burden estimate, or any other 
aspect of the information collection, including suggestions 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

[[Page 70934]]

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 may be found at www.reginfo.gov.

Internal Revenue Service (IRS)

    OMB Number: 1545-0854.
    Type of Review: Revision of a currently approved collection.
    Title: Section 301.7245-3, Discharge of Liens; (TD 9410).
    Form: 14497, 14498.
    Abstract: The Internal Revenue Service needs this information in 
processing a request to sell property of a tax lien at a non-judicial 
sale. This information will be used to determine the amount, if any, to 
which the tax lien attaches.
    Affected Public: Private sector: Businesses or other for-profits.
    Estimated Annual Burden Hours: 3,833.

    OMB Number: 1545-1005.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: TD 8302 Low-Income Housing Credit for Federally-Assisted 
Buildings.
    Abstract: The rule requires the taxpayer (low-income building 
owner) to seek a waiver in writing from the IRS concerning low-income 
buildings acquired during a special 10-year period in order to avert a 
claim against a Federal mortgage insurance fund.
    Affected Public: Private sector: Businesses or other for-profits.
    Estimated Annual Burden Hours: 3,000.

    OMB Number: 1545-1381.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: TD 8546--Limitations on Corporate Net Operating Loss.
    Abstract: This document contains final income tax regulations 
providing rules for allocating net operating loss or taxable income, 
and net capital loss or gain, within the taxable year in which a loss 
corporation has an ownership change under section 382 of the Internal 
Revenue Code of 1986. These regulations permit the loss corporation to 
elect to allocate these amounts between the period ending on the change 
date and the period beginning on the day after the change date as if 
its books were closed on the change date.
    Affected Public: Private sector: Business or other for-profits.
    Estimated Annual Burden Hours: 200.

    OMB Number: 1545-1209.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Disclosure of Tax Return Information for Purposes of Quality 
or Peer Reviews.
    Abstract: These regulations contain requirements that tax return 
preparers being reviewed will maintain a record of the review; include 
the information reviewed, and the identity of the persons conducting 
the review.
    Affected Public: Private sector: Businesses and other for-profits.
    Estimated Annual Burden Hours: 250,000.

    OMB Number: 1545-1759.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Amended Quarterly Federal Excise Tax Return.
    Form: 720X.
    Abstract: Form 720X is used to make adjustments to correct errors 
on form 720 filed for previous quarters. It can be filed by itself or 
it can be attached to any subsequent Form 720. Code section 6416(d) 
allows taxpayers to take a credit on a subsequent return rather than 
filing a refund claim. Creation of Form 720X is the result of a project 
to provide a uniform standard for trust fund accounting.
    Affected Public: Private sector: Businesses and other for-profits.
    Estimated Annual Burden Hours: 152,460.

Dawn D. Wolfgang,
Treasury PRA Clearance Officer.
[FR Doc. 2014-28128 Filed 11-26-14; 8:45 am]
BILLING CODE 4830-01-P