Federal Register / Vol. 75, No. 187 / Tuesday, September 28, 2010 / Notices 59795 

ophthalmologist noted, ‘‘In my medical 

opinion, Mr. Traigle has sufficient 

vision to perform any driving tasks that 

he may need to perform in operating a 

commercial vehicle.’’ Mr. Traigle 

reported that he has driven straight 

trucks for 15 years, accumulating 

300,000 miles. He holds a Class D 

chauffeur’s from Louisiana. His driving 

record for the last 3 years shows no 

crashes and no convictions for moving 

violations in a CMV. 

Eugene E. Wright 

Mr. Wright, 62, has had amblyopia in 

his left eye since 1998. The best 

corrected visual acuity in his right eye 

is 20/20 and in his left eye, 20/400. 

Following an examination in 2010, his 

ophthalmologist noted, ‘‘In my opinion 

he has adequate visual acuity and field 

to drive a commercial vehicle.’’ Mr. 

Wright reported that he has driven 

tractor-trailer combinations for 16 years, 

accumulating 1.5 million miles. He 

holds a Class A CDL from Pennsylvania. 

His driving record for the last 3 years 

shows no crashes and no convictions for 

moving violations in a CMV. 

Request for Comments 

In accordance with 49 U.S.C. 31136(e) 

and 31315, FMCSA requests public 

comment from all interested persons on 

the exemption petitions described in 

this Notice. The Agency will consider 

all comments received before the close 

of business October 28, 2010. Comments 

will be available for examination in the 

docket at the location listed under the 

ADDRESSES section of this notice. The 

Agency will file comments received 

after the comment closing date in the 

public docket, and will consider them to 

the extent practicable. 

In addition to late comments, FMCSA 

will also continue to file, in the public 

docket, relevant information that 

becomes available after the comment 

closing date. Interested persons should 

monitor the public docket for new 

material. 

Issued on: September 21, 2010. 

Larry W. Minor, 

Associate Administrator for Policy and 

Program Development. 

[FR Doc. 2010–24204 Filed 9–27–10; 8:45 am] 

BILLING CODE 4910–EX–P 

DEPARTMENT OF THE TREASURY 

Submission for OMB Review; 

Comment Request 

September 22, 2010. 

The Department of the Treasury will 

submit the following public information 

collection requirements to OMB for 

review and clearance under the 

Paperwork Reduction Act of 1995, 

Public Law 104–13 on or after the date 

of publication of this notice. A copy of 

the submissions may be obtained by 

calling the Treasury Bureau Clearance 

Officer listed. Comments regarding 

these information collections should be 

addressed to the OMB reviewer listed 

and to the Treasury PRA Clearance 

Officer, Department of the Treasury, 

1750 Pennsylvania Avenue, NW., Suite 

11010, Washington, DC 20220. 

DATES: Written comments should be 

received on or before October 28, 2010 

to be assured of consideration. 

Internal Revenue Service (IRS) 

OMB Number: 1545–1155. 

Type of Review: Extension without 

change to a currently approved 

collection. 

Title: PS–74–89 (TD 8282) Final 

Election of Reduced Research Credit. 

Abstract: These regulations prescribe 

the procedure for making the election 

described in section 280C(c)(3) of the 

Internal Revenue Code. Taxpayers 

making this election must reduce their 

section 41(a) research credit, but are not 

required to reduce their deductions for 

qualified research expenses, as required 

in paragraphs (1) and (2) of section 

280C(c). 

Respondents: Private Sector: 

Businesses or other for-profits. 

Estimated Total Burden Hours: 50 

hours. 

OMB Number: 1545–0042. 

Type of Review: Revision of a 

currently approved collection. 

Title: Application To Use LIFO 

Inventory Method. 

Form: 970 

Abstract: Form 970 is filed by 

individuals, partnerships, trusts, estates, 

or corporations to elect to use the LIFO 

inventory method or to extend the LIFO 

method to additional goods. The IRS 

uses Form 970 to determine if the 

election was properly made. 

Respondents: Private Sector: 

Businesses or other for-profits. 

Estimated Total Burden Hours: 42,220 

hours. 

OMB Number: 1545–0757. 

Type of Review: Extension without 

change to a currently approved 

collection. 

Title: LR–209–76 (Final) Special Lien 

for Estate Taxes Deferred Under Section 

6166 or 6166A. 

Abstract: Section 632A permits the 

executor of a decedent’s estate to elect 

a lien on section 6166 property in favor 

of the United States in lieu of a bond or 

personal liability if an election under 

section 6166 was made and the executor 

files an agreement under section 

6323A(c). 

Respondents: Individuals or 

households. 

Estimated Total Burden Hours: 8,650 

hours. 

OMB Number: 1545–1861. 

Type of Review: Extension without 

change to a currently approved 

collection. 

Title: Revenue Procedure 2004–19, 

Probable or Prospective Reserves Safe 

Harbor. 

Abstract: This revenue procedure 

requires a taxpayer to file an election 

statement with the Service if the 

taxpayer wants to use the safe harbor to 

estimate the taxpayers’ oil and gas 

properties’ probable or prospective 

reserves for purposes of computing cost 

depletion under Sec. 611 of the Internal 

Revenue Code. 

Respondents: Private Sector: 

Businesses or other for-profits. 

Estimated Total Burden Hours: 50 

hours. 

OMB Number: 1545–1879. 

Type of Review: Extension without 

change to a currently approved 

collection. 

Title: Exempt Organization 

Declaration and Signature for Electronic 

Filing. 

Form: 8453–EO 

Abstract: Form 8453–EO is used to 

authenticate an electronic Forms 990, 

990–EZ, 1120–POL, or 8868 authorize 

the electronic return originator, and/or 

intermediate service provider, if any, to 

transmit via a third-party transmitter; 

and provide the organization’s consent 

to directly deposit any refund and/or 

authorize an electronic funds 

withdrawal for payment of Federal taxes 

owed. 

Respondents: Private Sector: Not-forprofit institutions. 

Estimated Total Burden Hours: 1,046 

hours. 

OMB Number: 1545–0800. 

Type of Review: Extension without 

change to a currently approved 

collection. 

Title: Reg. 601.601 Rules and 

Regulations. 

Abstract: Persons wishing to speak at 

a public hearing on a proposed rule 

must submit written comments and an 

outline within prescribed time limits, 

for use in preparing agendas and 

allocating time. Persons interested in 

the issuance, amendment, or repeal of a 

rule may submit a petition for this. IRS 

considers the petitions in its 

deliberations. 

Respondents: Private Sector: Not-forprofit institutions, Businesses or other 

for-profits and Farms. 

Estimated Total Burden Hours: 900 

hours. 

OMB Number: 1545–0806. 


srobinson on DSKHWCL6B1PROD with NOTICES
59796 Federal Register / Vol. 75, No. 187 / Tuesday, September 28, 2010 / Notices 

Type of Review: Extension without 

change to a currently approved 

collection. 

Title: EE–12–78 (Final) Non-Bank 

Trustees. 

Abstract: IRC section 408(a)(2) 

permits an institution other than a bank 

to be the trustee of an individual 

retirement account (IRA). To do so, an 

application needs to be filed and 

various requirements need to be met. 

IRS uses the information to determine 

whether an institution qualifies to be a 

non-bank trustee. 

Respondents: Private Sector: Not-forprofit institutions. 

Estimated Total Burden Hours: 13 

hours. 

OMB Number: 1545–1433. 

Type of Review: Extension without 

change to a currently approved 

collection. 

Title: CO–11–91 (TD 8597) (Final) 

Consolidated and Controlled GroupsIntercompany Transactions and Related 

Rules; CO–24–95 (TD 8660) (Final) 

Consolidated Groups-Intercompany 

Transactions and Related Rules. 

Abstract: The regulations require 

common parents that make elections 

under Section 1.1502–13 to provide 

certain information. The information 

will be used to identify and assure that 

the amount, location, timing and 

attributes of intercompany transactions 

and corresponding items are properly 

maintained. 

Respondents: Private Sector: Not-forprofit institutions. 

Estimated Total Burden Hours: 1,050 

hours. 

OMB Number: 1545–0982. 

Type of Review: Extension without 

change to a currently approved 

collection. 

Title: LR–77–86 Temporary (TD 8124) 

Certain Elections Under the Tax Reform 

Act of 1986. 

Abstract: These regulations establish 

various elections with respect to which 

immediate interim guidance on the time 

and manner of making the election is 

necessary. These regulations enable 

taxpayers to take advantage of the 

benefits of various Code provisions. 

Respondents: Private Sector: Not-forprofit institutions. 

Estimated Total Burden Hours: 28,678 

hours. 

OMB Number: 1545–2085. 

Type of Review: Revision of a 

currently approved collection. 

Title: 990–N Electronic Notice (ePostcard). 

Form: 990–N. 

Abstract: Section 1223 of the Pension 

Protection Act of 2006 (PPA ’06), 

enacted on August 17, 2006, amended 

Internal Revenue Code (Code) section 

6033 by adding Code section 6033(i), 

which requires certain tax-exempt 

organizations to file an annual 

electronic notice (Form 990–N) for tax 

years beginning after December 31, 

2006. These organizations are not 

required to file Form 990 (or Form 990– 

EZ) because their gross receipts are 

normally $25,000 or less. 

Respondents: Private Sector: Not-forprofit institutions. 

Estimated Total Burden Hours: 75,000 

hours. 

OMB Number: 1545–1255. 

Type of Review: Extension without 

change to a currently approved 

collection. 

Title: INTL–870–89 (NPRM) Earnings 

Stripping (Section 163(j)). 

Abstract: Certain taxpayers are 

allowed to write off the fixed basis of 

the stock of an acquired corporation. 

The data obtained by the IRS from the 

various elections and identifications is 

used to verify that taxpayers have, in 

fact, elected special treatment under 

section 163(j). 

Respondents: Private Sector: 

Businesses or other for-profits. 

Estimated Total Burden Hours: 1,196 

hours. 

OMB Number: 1545–2167. 

Type of Review: Extension without 

change to a currently approved 

collection. 

Title: Notice 2010–28, Stripping 

Transactions for Qualified Tax Credit 

Bonds. 

Abstract: The IRS requires the 

information to ensure compliance with 

the tax credit bond credit coupon 

stripping requirements, including 

ensuring that no excess tax credit is 

taken by holders of bonds and coupon 

strips. The information is required in 

order to inform holders of qualified tax 

credit bonds whether the credit coupons 

relating to those bonds may be stripped 

as provided under § 54A(i). The 

respondents are issuers of tax credit 

bonds, including states and local 

governments and other eligible issuers. 

Respondents: State, Local, and Tribal 

Governments. 

Estimated Total Burden Hours: 1,000 

hours. 

OMB Number: 1545–1576. 

Type of Review: Extension without 

change to a currently approved 

collection. 

Title: Student Loan Interest Statement 

Form: 1098–E. 

Abstract: Section 6050S(b)(2) of the 

Internal Revenue Code requires persons 

(financial institutions, governmental 

units, etc.) to report $600 or more of 

interest paid on student loans to the IRS 

and the students. 

Respondents: Individuals or 

households. 

Estimated Total Burden Hours: 

1,051,357 hours. 

OMB Number: 1545–1156. 

Type of Review: Extension without 

change to a currently approved 

collection. 

Title: Records (26 CFR 1.6001–1). 

Abstract: Internal Revenue Code 

section 6001 requires, in part, that every 

person liable for tax, or for the 

collection of that tax, keep such records 

and comply with such rules and 

regulations as the Secretary may from 

time to time prescribe. These records are 

needed to ensure proper compliance 

with the Code. 

Respondents: Individuals or 

households. 

Estimated Total Burden Hours: 1 

hour. 

OMB Number: 1545–1881. 

Type of Review: Extension without 

change to a currently approved 

collection. 

Title: Election To Treat a Qualified 

Revocable Trust as Part of an Estate. 

Form: 8855. 

Abstract: Form 8855 is used to make 

a section 645 election that allows a 

qualified revocable trust to be treated 

and taxed (for income tax purposes) as 

part of its related estate during the 

election period. 

Respondents: Private Sector: 

Businesses or other for-profits. 

Estimated Total Burden Hours: 28,200 

hours. 

OMB Number: 1545–1443. 

Type of Review: Extension without 

change to a currently approved 

collection. 

Title: PS–25–94 (Final) Requirements 

to Ensure Collection of Section 2056A 

Estate Tax (TD 8686). 

Abstract: The regulation provides 

guidance relating to the additional 

requirements necessary to ensure the 

collection of the estate tax imposed 

under Section 2056A(b) with respect to 

taxable events involving qualified 

domestic trusts (QDOT’S). In order to 

ensure collection of the tax, the 

regulation provides various security 

options that may be selected by the trust 

and the requirements associated with 

each option. In addition, under certain 

circumstances the trust is required to 

file an annual statement with the IRS 

disclosing the assets held by the trust. 

Respondents: Individuals or 

households. 

Estimated Total Burden Hours: 6,070 

hours. 

OMB Number: 1545–2052. 

Type of Review: Extension without 

change to a currently approved 

collection. 

Title: U.S. Income Tax Return for 

Cooperative Associations. 


srobinson on DSKHWCL6B1PROD with NOTICES
Federal Register / Vol. 75, No. 187 / Tuesday, September 28, 2010 / Notices 59797 

Form: 1120–C. 

Abstract: IRS Code section 1381 

requires subchapter T cooperatives to 

file returns. Previously, farmers’ 

cooperatives filed Form 990–C and 

other subchapter T cooperatives filed 

Form 1120. If the subchapter T 

cooperative does not meet certain 

requirements, the due date of their 

return is two and one-half months after 

the end of their tax year which is the 

same as the due date for all other 

corporations. The due date for income 

tax returns filed by subchapter T 

cooperatives who meet certain 

requirements is eight and one-half 

months after the end of their tax year. 

Cooperatives who filed their income tax 

returns on Form 1120 were considered 

to be late and penalties were assessed 

since they had not filed by the normal 

due date for Form 1120. Due to the 

assessment of the penalties, burden was 

placed on the taxpayer and on the IRS 

employees to resolve the issue. 

Respondents: Private Sector: 

Businesses or other for-profits. 

Estimated Total Burden Hours: 

430,400 hours. 

OMB Number: 1545–1287. 

Type of Review: Extension without 

change to a currently approved 

collection. 

Title: FI–3–91 (TD 8456—Final) 

Capitalization of Certain Policy 

Acquisition Expenses. 

Abstract: Insurance companies that 

enter into reinsurance agreement must 

determine the amounts to be capitalized 

under those agreements consistently. 

The regulations provide elections to 

permit companies to shift the burden of 

capitalization for their mutual benefit. 

Respondents: Private Sector: 

Businesses or other for-profits. 

Estimated Total Burden Hours: 2,070 

hours. 

OMB Number: 1545–1138. 

Type of Review: Extension without 

change to a currently approved 

collection. 

Title: INTL–955–86 (Final) 

Requirements For Investments to 

Qualify under Section 936(d)(4) as 

Investments in Qualified Caribbean 

Basin Countries. 

Abstract: The collection of 

information is required by the Internal 

Revenue Service to verify that an 

investment qualifies under IRC section 

936(d)(4). The recordkeepers will be 

possession corporations, certain 

financial institutions located in Puerto 

Rico, and borrowers of funds covered by 

this regulation. 

Respondents: Private Sector: 

Businesses or other for-profits. 

Estimated Total Burden Hours: 1,500 

hours. 

OMB Number: 1545–1308. 

Type of Review: Extension without 

change to a currently approved 

collection. 

Title: PS–260–82 (Final) Election, 

Revocation, Termination, and Tax Effect 

of Subchapter S Status—TD 8449. 

Abstract: Section 1–1362 through 

1.1362–7 of the Income Tax Regulations 

provide the specific procedures and 

requirements necessary to implement 

section 1362, including the filing of 

various elections and statements with 

the Internal Revenue Service. 

Respondents: Individuals or 

households. 

Estimated Total Burden Hours: 322 

hours. 

OMB Number: 1545–0122. 

Type of Review: Extension without 

change to a currently approved 

collection. 

Title: Foreign Tax Credit 

Corporations. 

Form: 1118 (Schedule I, J, K). 

Abstract: Form 1118 and separate 

Schedules I, J, and K are used by 

domestic and foreign corporations to 

claim a credit for taxes paid to foreign 

countries. The IRS uses Form 1118 and 

related schedules to determine if the 

corporation has computed the foreign 

tax credit correctly. 

Respondents: Private Sector: 

Businesses or other for-profits. 

Estimated Total Burden Hours: 

3,483,016 hours. 

OMB Number: 1545–0191. 

Type of Review: Extension without 

change to a currently approved 

collection. 

Title: Investment Interest Expense 

Deduction. 

Form: 4952. 

Abstract: Internal Revenue Code 

section 163(d) provides a limitation on 

individuals, estates, or trusts that paid 

or accrued interest on investment 

indebtedness. Form 4952 is used to 

accumulate a taxpayer’s interest from all 

sources and provides a line-by-line 

computation of the allowable deduction 

for investment interest. 

Respondents: Individuals or 

households. 

Estimated Total Burden Hours: 

205,596 hours. 

OMB Number: 1545–1072. 

Type of Review: Extension without 

change to a currently approved 

collection. 

Title: INTL–952–86 (TD 8410–Final) 

Allocation and Apportionment of 

Interest Expense and Certain Other 

Expenses. 

Abstract: The regulations provide 

rules concerning the allocation and 

apportionment of expenses to foreign 

source income for purposes of the 

foreign tax credit and other provisions. 

Respondents: Individuals or 

households. 

Estimated Total Burden Hours: 3,750 

hours. 

Bureau Clearance Officer: R. Joseph 

Durbala, Internal Revenue Service, 1111 

Constitution Avenue, NW., Room 6129, 

Washington, DC 20224; (202) 622–3634. 

OMB Reviewer: Shagufta Ahmed, 

Office of Management and Budget, New 

Executive Office Building, Room 10235, 

Washington, DC 20503; (202) 395–7873. 

Celina Elphage, 

Treasury PRA Clearance Officer. 

[FR Doc. 2010–24213 Filed 9–27–10; 8:45 am] 

BILLING CODE 4810–01–P 

DEPARTMENT OF THE TREASURY 

Alcohol and Tobacco Tax and Trade 

Bureau 

Proposed Information Collections; 

Comment Request 

AGENCY: Alcohol and Tobacco Tax and 

Trade Bureau, Treasury. 

ACTION: Notice and request for 

comments. 

SUMMARY: As part of our continuing 

effort to reduce paperwork and 

respondent burden, and as required by 

the Paperwork Reduction Act of 1995, 

we invite comments on the proposed or 

continuing information collections 

listed below in this notice. 

DATES: We must receive your written 

comments on or before November 29, 

2010. 

ADDRESSES: You may send comments to 

Mary A. Wood, Alcohol and Tobacco 

Tax and Trade Bureau, at any of these 

addresses: 

• P.O. Box 14412, Washington, DC 

20044–4412; 

• 202–453–2686 (facsimile); or 

• formcomments@ttb.gov (e-mail). 

Please send separate comments for 

each specific information collection 

listed below. You must reference the 

information collection’s title, form or 

recordkeeping requirement number, and 

OMB number (if any) in your comment. 

If you submit your comment via 

facsimile, send no more than five 8.5 x 

11 inch pages in order to ensure 

electronic access to our equipment. 

FOR FURTHER INFORMATION CONTACT: To 

obtain additional information, copies of 

the information collection and its 

instructions, or copies of any comments 

received, contact Mary A. Wood, 

Alcohol and Tobacco Tax and Trade 

Bureau, P.O. Box 14412, Washington, 

DC 20044–4412; or telephone 202–453– 

2265. 


srobinson on DSKHWCL6B1PROD with NOTICES