[Federal Register Volume 70, Number 190 (Monday, October 3, 2005)]
[Notices]
[Pages 57646-57647]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-19669]


-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

September 26, 2005.
    The Department of the 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 November 2, 
2005 after publication in the Federal Register to be assured of 
consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-0238.
    Type of Review: Extension.
    Title: Certain Gambling Winnings.
    Form: IRS form W-2G.
    Description: IRC section 6041 requires payers of certain gambling 
winnings to report them to IRS. If applicable, section 3402(g) and 
section 3406 requires tax withholding on these winnings. IRS uses the 
information to ensure taxpayer income reporting compliance.
    Respondents: Business or other for-profit, not-for-profit 
institutions, State, Local or Tribal Government.
    Estimated Total Burden Hours: 1,272,479 hours.

    OMB Number: 1545-0928.
    Type of Review: Extension.
    Title: REG-124667-02 (Final) Disclosure of Relative Values of 
Optional Forms of Benefit; EE-35-85 (Final) Income Tax: Taxable Years 
Beginning after December 31, 1953; OMB Control Number Under the 
Paperwork Reduction Act; Survivor Benefits, Distribution Restriction 
and Various Other Issues Under the Retirement Equity Act of 1984.
    Description: These final regulations are required my statute and 
must be provided by employers to retirement plan participants to inform 
participants of their rights under the plan or under the law. Failure 
to timely notify participant of their rights may be result in loss of 
plan benefits.
    Respondents: Business or other for profit, not-for-profit 
institutions.
    Estimated Total Burden Hours: 385,000 hours.

    OMB Number: 1545-1424.

[[Page 57647]]

    Type of Review: Extension.
    Title: Cancellation of Debt.
    Form: IRS form1099-C.
    Description: Form 1099-C is used for reporting canceled debt, as 
required by section 6050P of the Internal Revenue Code. It is used to 
verify that debtors are correctly reporting their income.
    Respondents: Business or other for-profit, Not-for-profit 
institutions and Federal Government.
    Estimated Total Burden Hours: 110,159 hours.

    OMB Number: 1545-1492.
    Type of Review: Extension
    Title: Request for Closing Agreement Relating to Advance Refunding 
Issue Under Section 148 and 7121 and Revenue Procedure 96-41.
    Form: IRS form 10001.
    Description: Form 10001 is used in conjunction with a closing 
agreement program involving certain issuers of tax-exempt advance 
refunding bonds. Revenue Procedures 96-41 established this voluntary 
compliance program and prescribed the filing of Form 10001 to request a 
closing agreement.
    Respondents: Not-for-profit institutions, State, Local or Tribal 
Government.
    Estimated Total Burden Hours: 300 hours.
    OMB Number: 1545-1150.
    Type of Review: Extension.
    Title: Short Form Return of Organization Exempt From Income Tax.
    Form: IRS from 990-EZ.
    Description: Form 990-EZ is needed to determine that IRS section 
501(a) tax-exempt organizations fulfill the operating conditions with 
in the limitations of their tax exemption. IRS uses the information 
from this form to determine if the filers are operating within the 
rules of their exemption.
    Respondents: Not-for-profit institutions.
    Estimated Total Burden Hours: 7,005,220 hours.

    Clearance Officer: Glenn P. Kirkland (202) 622-3428, Internal 
Revenue Service, Room 6516, 1111 Constitution Avenue, NW., Washington, 
DC 20224.
    OMB Reviewer: Alexander T. Hunt (202) 395-7316, Office of 
Management and Budget, Room 10235, New Executive Office Building, 
Washington, DC 20503.

Michael A. Robinson,
Treasury PRA Clearance Officer.
[FR Doc. 05-19669 Filed 9-30-05; 8:45 am]
BILLING CODE 4830-01-P