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Submission for OMB Review; Comment Request

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Information about this document as published in the Federal Register.

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Start Preamble December 10, 2003.

The Department of Treasury has submitted the following public information collection requirement(s) to OMB for review and clearance under the Paperwork Reduction Act of 1995, Public Law 104-13. Copies of the submission(s) may be obtained by calling the Treasury Bureau Clearance Officer listed. Comments regarding this information collection should be addressed to the OMB reviewer listed and to the Treasury Department Clearance Officer, Department of the Treasury, Room 11000, 1750 Pennsylvania Avenue, NW., Washington, DC 20220.

DATES:

Written comments should be received on or before January 20, 2004, to be assured of consideration.

Internal Revenue Service (IRS)

OMB Number: 1545-0016.

Form Number: IRS Form 706-A.

Type of Review: Revision.

Title: United States Additional Estate Tax Return.

Description: Form 706-A is used by individuals to compute and pay the additional estate taxes due under Code section 2032A9(c). IRS uses the information to determine that the taxes have been properly computed. The form is also used for the basis election of section 1016(c)(1).

Respondents: Individuals or households.

Estimated Number of Respondents/Recordkeeping: 180.

Estimated Burden Hours Respondent/Recordkeeper:

 Recordkeeping—3 hr., 17 min.

 Learning about the law or the form—2 hr., 11 min.

 Preparing the form—1 hr., 39 min.

 Copying, assembling, and sending the form to the IRS—1 hr., 3 min.

Frequency of Response: Annually.

Estimated Total Reporting/Recordkeeping Burden: 1,475 hours.

OMB Number: 1545-1559.

Revenue Procedure Number: Revenue Procedures 98-46 and 97-44.

Type of Review: Extension.

Title: LIFO Conformity Requirement.

Description: Revenue Procedure 97-44 permits automobile dealers that comply with the terms of the revenue procedure to continue using LIFO inventory method despite previous violations of the LIFO conformity requirements of section 472(c) or (e)(2). Revenue Procedure 98-46 modifies Revenue Procedure 97-44 by allowing medium- and heavy-duty truck dealers to take advantage of the favorable relief provided in Revenue Procedure 97-44.

Respondents: Business or other for-profit.

Estimated Number of Respondents/Recordkeepers: 5,000.

Estimated Burden Hours Respondent/Recordkeeper: 20 hours.

Frequency of Response: Annually.

Estimated Total Reporting/Recordkeeping Burden: 100,000 hours.

OMB Number: 1545-1719.

Regulation Project Number: REG-106446-98 Final.

Type of Review: Extension.

Title: Relief from Joint and Several Liability.

Description: The regulation under section 6015 provides guidance regarding relief from the joint and several liability imposed by section 6013(d)(3). The regulations provide specific guidance on the three relief provisions of section 6015 and on how taxpayers would file a claim for such relief. In addition, the regulations provide guidance regarding Tax Court review of certain types of claims for relief, as well as information regarding the rights of the non-requesting spouse. The regulations also clarify that, under section 6013, a return is not a joint return if one of the spouses signs the return under duress.

Respondents: Individuals or households.

Estimated Number of Respondents: 1.

Estimated Burden Hours Respondent: 1 hour.

Frequency of Response: On occasion.

Estimated Total Reporting Burden: 1 hour.

OMB Number: 1545-1724.

Regulation Project Number: REG-109481-99 Final.

Type of Review: Extension.

Title: Special Rules Under section 417(a)(7) for Written Explanations Provided by Qualified Retirement Plans after Annuity Starting Dates.

Description: The collection of information requirement in sections 1.417(e)-1(b)(3)(iv)(B) and 1.417(e)-1(3)(v)(A) is required to ensure that a participant and the participant's spouse consent to a form of distribution from a qualified plan that may result in reduced periodic payments.

Respondents: Individuals or households, Business or other for-profit, Not-for-profit institutions.

Estimated Number of Respondents: 50,000.

Estimated Burden Hours Respondent: 15 minutes.

Frequency of Response: On occasion.

Estimated Total Reporting Burden: 12,500 hours.

OMB Number: 1545-1726.

Regulation Project Number: REG-111835-99 NPRM.

Type of Review: Extension.

Title: Regulations Governing Practice before the Internal Revenue Service.

Description: These regulations affect individuals who are eligible to practice before the Internal Revenue Service. These regulations also authorize the Director of Practice to act upon applications for enrollment to practice before the Internal Revenue Service. The Director of Practice will use certain information to ensure that: (1) Enrolled agents properly complete continuing education requirements to obtain renewal; (2) practitioners properly obtain consent of taxpayers before representing conflicting interests; and (3) practitioners do not use e-commerce to make misleading solicitations.

Respondents: Business or other for-profit.

Estimated Number of Recordkeepers: 56,000.

Estimated Burden Hours Recordkeeper: 53 minutes.

Estimated Total Recordkeeping Burden: 50,000 hours.

OMB Number: 1545-1732.

Regulation Project Number: REG-105946-00 Final.

Type of Review: Extension.

Title: Mid-Contract Change in Taxpayer.

Description: The information is needed by taxpayers who assume the obligation to account for the income from long-term contracts as the result of certain nontaxable transactions.

Respondents: Business or other for-profit.

Estimated Number of Respondents: 5,000.

Estimated Burden Hours Respondent: 2 hours.

Frequency of Response: On occasion. Start Printed Page 70583

Estimated Total Reporting Burden: 10,000 hours.

Clearance Officer: R. Joseph Durbala, (202) 622-3634, Internal Revenue Service, Room 6411, 1111 Constitution Avenue, NW., Washington, DC 20224.

OMB Reviewer: Joseph F. Lackey, Jr., (202) 395-7316, Office of Management and Budget, Room 10235, New Executive Office Building, Washington, DC 20503.

Start Signature

Lois K. Holland,

Treasury PRA Clearance Officer.

End Signature End Preamble

[FR Doc. 03-31206 Filed 12-17-03; 8:45 am]

BILLING CODE 4830-01-P