21072 Federal Register / Vol. 72, No. 81 / Friday April 27, 2007 / Notices 

through the use of automated collection 

techniques or other forms of information 

technology; and 

(e) Estimates of capital or startup costs 

and costs of operation, maintenance, 

and purchase of services to provide 

information. 

Dated: April 23, 2007. 

Stuart Feldstein, 

Assistant Director, Legislative and Regulatory 

Activities Division, Office of the Comptroller 

of the Currency. 

[FR Doc. E7–8127 Filed 4–26–07; 8:45 am] 

BILLING CODE 4810–33–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

[REG–147144–06] 

Proposed Collection; Comment 

Request for Regulation Project 

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, Pub. 

L. 104–13 (44 U.S.C. 3506(c)(2)(A)). 

Currently, the IRS is soliciting 

comments concerning an existing 

regulation, REG–147144–06, Section 

1.367(a)–8 Revisions. 

DATES: Written comments should be 

received on or before June 26, 2007 to 

be assured of consideration. 

ADDRESSES: Direct all written comments 

to Glenn Kirkland, Internal Revenue 

Service, room 6516, 1111 Constitution 

Avenue NW., Washington, DC 20224. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of the regulation should be 

directed to Allan Hopkins, at (202) 622–

6665, or at Internal Revenue Service, 

room 6516, 1111 Constitution Avenue 

NW., Washington, DC 20224, or through 

the internet at Allan.M.Hopkins@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Section 1.367(a) Revisions. 

OMB Number: 1545–2056. 

Regulation Project Number: REG–

147144–06. 

Abstract: These regulations provide 

rules for taxpayers to avoid recognizing 

gain under a gain recognition agreement 

(GRA) if a new GRA and notice 

statement are filed. They also provide a 

rule under which a taxpayer may reduce 

the basis in certain stock to meet one of 

the requirements for terminating a GRA. 

These regulations also revise an existing 

rule to facilitate electronic filing. The 

revision requires that information that a 

taxpayer currently would write on the 

face of its Federal income tax return 

shall instead be attached as a separate 

schedule to its return. 

Current Actions: There is no change to 

this existing regulation. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Business or other forprofit organizations. 

Estimated Number of Respondents: 

170. 

Estimated Time per Respondent: 2 

hours. 

Estimated Total Annual Burden 

Hours: 240. 

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: April 19, 2007. 

Glenn Kirkland, 

IRS Reports Clearance Officer. 

[FR Doc. E7–8036 Filed 4–26–07; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Form 8453–B 

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, Pub. 

L. 104–13 (44 U.S.C. 3506(c)(2)(A)). 

Currently, the IRS is soliciting 

comments concerning Form 8453–B, 

U.S. Electing Large Partnership 

Declaration for an IRS e-file Return. 

DATES: Written comments should be 

received on or before June 26, 2007 to 

be assured of consideration. 

ADDRESSES: Direct all written comments 

to Glenn Kirkland, Internal Revenue 

Service, room 6516, 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 Allan Hopkins, at 

(202) 622–6665, or at Internal Revenue 

Service, room 6516, 1111 Constitution 

Avenue, NW., Washington, DC 20224, 

or through the internet, at 

Allan.M.Hopkins@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: U.S. Electing Large Partnership 

Declaration for an IRS e-file Return. 

OMB Number: 1545–2058. 

Form Number: Form 8453–B. 

Abstract: Form 8453–B is used to 

authenticate an electronic Form 1065–B, 

U.S. Return of Income for Electing Large 

Partnerships, to authorize the ERO, if 

any, to transmit via a third-party 

transmitter, and to authorize the 

intermediate service provider (ISP) to 

transmit via a third-party transmitter if 

you are filing online (not using an ERO). 

Current Actions: This is a new form. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Individuals or 

households. 

Estimated Number of Respondents: 

60. 

Estimated Time per Respondent: 2 

hours, 23 minutes. 

Estimated Total Annual Burden 

Hours: 144. 


cprice-sewell on PROD1PC66 with NOTICES
Federal Register / Vol. 72, No. 81 / Friday April 27, 2007 / Notices 21073 

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: April 2, 2007. 

Glenn Kirkland, 

IRS Reports Clearance Officer. 

[FR Doc. E7–8037 Filed 4–26–07; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Form 1065, Schedule D, 

Schedule K–1, Schedule L, Schedule 

M–1, Schedule M–2, and Schedule 

M–3 

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 

1065 (U.S. Return of Partnership 

Income), Schedule D (Capital Gains and 

Losses), Schedule K–1 (Partner’s Share 

of Income, Credits, Deductions and 

Other Items), Schedule L (Balance 

Sheets per Books), Schedule M–1 

(Reconciliation of Income (Loss) per 

Books With Income (Loss) per Return)), 

Schedule M–2 (Analysis of Partners’

Capital Accounts), and Schedule M–3 

(Net Income (Loss) Reconciliation for 

Certain Partnerships)). 

DATES: Written comments should be 

received on or before June 26, 2007 to 

be assured of consideration. 

ADDRESSES: Direct all written comments 

to Glenn P. Kirkland, Internal Revenue 

Service, room 6516, 1111 Constitution 

Avenue, NW., Washington, DC 20224. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of the form(s) and instructions 

should be directed to Carolyn N. Brown 

at Internal Revenue Service, room 6516, 

1111 Constitution Avenue, NW., 

Washington, DC 20224, or at (202) 622–

6688, or through the internet at 

Carolyn.N.Brown@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: U.S. Return of Partnership 

Income (Form 1065), Capital Gains and 

Losses (Schedule D), Partner’s Share of 

Income, Credits, Deductions, etc. 

(Schedule K–1), Balance Sheets per 

Books (Schedule L), Reconciliation of 

Income (Loss) per Books With Income 

(Loss) per Return (Schedule M–1), 

Analysis of Partners’ Capital Accounts 

(Schedule M–2), and Net Income (Loss) 

Reconciliation for Certain Partnerships 

(Schedule M–3). 

OMB Number: 1545–0099. 

Form Number: 1065, Schedule D, 

Schedule K–1, Schedule L, Schedule 

M–1, Schedule M–2, and Schedule M–

3. 

Abstract: Internal Revenue Code 

section 6031 requires partnerships to 

file returns that show gross income 

items, allowable deductions, partners’

names, addresses, and distribution 

shares, and other information. This 

information is used by the IRS to verify 

correct reporting of partnership items 

and for general statistics. The 

information is used by partners to 

determine the income, loss, credits, etc., 

to report on their tax returns. 

Current Actions: Major changes were 

made to the form, instructions, and 

some of the schedules to better serve the 

taxpayers. These changes resulted in a 

decrease in burden hours. 

Type of Review: Revision of a 

currently approved collection. 

Affected Public: Business or other forprofit organizations, farms, and 

individuals or households. 

Estimated Number of Respondents: 

2,376,800. 

Estimated Time per Respondent: 

Varies. 

Estimated Total Annual Burden 

Hours: 818,089,162. 

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: April 23, 2007. 

Glenn P. Kirkland, 

IRS Reports Clearance Officer. 

[FR Doc. E7–8126 Filed 4–26–07; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Open Meeting of the Taxpayer 

Advocacy Panel Area 7 (Including the 

States of Alaska, California, Hawaii, 

and Nevada) Committee 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Notice. 


cprice-sewell on PROD1PC66 with NOTICES