77046 Federal Register / Vol. 75, No. 237 / Friday, December 10, 2010 / Notices 

or start-up costs and costs of operation, 

maintenance, and purchase of services 

to provide information. 

Approved: November 30, 2010. 

Allan Hopkins, 

IRS Reports Clearance Officer. 

[FR Doc. 2010–31026 Filed 12–9–10; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Form 8941 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Notice and request for 

comments. 

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)). Currently, the IRS is 

soliciting comments concerning Form 

8941, Credit for Small Employer Health 

Insurance Premiums. 

DATES: Written comments should be 

received on or before February 8, 2011 

to be assured of consideration. 

ADDRESSES: Direct all written comments 

to Allan Hopkins, Internal Revenue 

Service, room 6129, 1111 Constitution 

Avenue, NW., Washington, DC 20224. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of the form and instructions 

should be directed to R. Joseph Durbala, 

(202) 622–3634, at Internal Revenue 

Service, room 6129, 1111 Constitution 

Avenue, NW., Washington, DC 20224, 

or through the Internet at 

RJoseph.Durbala@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Credit for Small Employer 

Health Insurance Premiums. 

OMB Number: 1545–2198. 

Form Number: Form 8941. 

Abstract: Section 1421 of the Patient 

Protection and Affordable Care Act, 

Public Law 111–148, allows qualified 

small employers to elect, beginning in 

2010, a tax credit for 50% of their 

employee health care coverage 

expenses. Form 8941, Credit for Small 

Employer Health Insurance Premiums, 

has been developed to help employers 

compute the tax credit. 

Current Actions: There were no 

changes made to the document that 

resulted in any change to the burden 

previously reported to OMB. We are 

making this submission to renew the 

OMB approval. 

Type of Review: Extension of 

previously approved collection. 

Affected Public: Individuals or 

households, Business or other for-profit 

groups, Not-for-profit institutions, 

Farms, Federal Government, State, 

Local, or Tribal Governments. 

Estimated Number of Responses: 

3,046,964. 

Estimated Time per Respondent: 16 

hours 59 minutes. 

Estimated Total Annual Burden 

Hours: 40,189,456. 

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. 

Request for Comments: Comments 

submitted in response to this notice will 

be summarized and/or included in the 

request for OMB approval. All 

comments will become a matter of 

public record. Comments are invited on: 

(a) Whether the collection of 

information is necessary for the proper 

performance of the functions of the 

agency, including whether the 

information shall have 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 

through 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 information. 

Approved: December 1, 2010. 

Allan Hopkins, 

IRS Reports Clearance Officer. 

[FR Doc. 2010–31023 Filed 12–9–10; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Form 8886 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Notice and request for 

comments. 

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)). Currently, the IRS is 

soliciting comments concerning Form 

8886, Reportable Transaction Disclosure 

Statement. 

DATES: Written comments should be 

received on or before February 8, 2011 

to be assured of consideration. 

ADDRESSES: Direct all written comments 

to Allan M. Hopkins, Internal Revenue 

Service, room 6129, 1111 Constitution 

Avenue, NW., Washington, DC 20224. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of the form and instructions 

should be directed to Ralph M. Terry, 

202–622–8144, Internal Revenue 

Service, room 6129, 1111 Constitution 

Avenue, NW., Washington, DC 20224, 

or through the Internet at 

Ralph.M.Terry@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Reportable Transaction 

Disclosure Statement. 

OMB Number: 1545–1800. 

Form Number: 8886. 

Abstract: Regulation section 1.6011–4 

requires certain taxpayers to disclose 

reportable transactions in which they 

directly or indirectly participated. 

Current Actions: There are no changes 

to the form however, there has been a 

reduction in the burden computation by 

680 total hours due to a corrected 

tabulation of the previously approved 

collection. 

Type of Review: Revision of a 

currently approved collection. 

Affected Public: Business or other forprofit organizations, and individuals. 

Estimated Number of Respondents: 

400. 

Estimated Time per Respondent: 20 

hours, 34 minutes. 

Estimated Total Annual Burden 

Hours: 8,904. 

mstockstill on DSKH9S0YB1PROD with NOTICES