60508 Federal Register / Vol. 75, No. 189 / Thursday, September 30, 2010 / Notices 

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: August 24, 2010. 

Gerald Shields, 

Supervisory Tax Analyst. 

[FR Doc. 2010–24500 Filed 9–29–10; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

[PS–52–88] 

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, 

Public Law 104–13 (44 U.S.C. 

3506(c)(2)(A)). Currently, the IRS is 

soliciting comments concerning an 

existing final regulation, PS–52–88 (TD 

8455), Election to Expense Certain 

Depreciable Business Assets. (§§ 1.179– 

2, 1.179–3). 

DATES: Written comments should be 

received on or before November 29, 

2010 to be assured of consideration. 

ADDRESSES: Direct all written comments 

to Gerald Shields, Internal Revenue 

Service, room 6129, 1111 Constitution 

Avenue, NW., Washington, DC 20224. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of this regulation should be 

directed to Allan Hopkins, (202) 622– 

6665, or through the internet 

(Allan.M.Hopkins@irs.gov) Internal 

Revenue Service, room 6129, 1111 

Constitution Avenue, NW., Washington, 

DC 20224. 

SUPPLEMENTARY INFORMATION: 

Title: Election to Expense Certain 

Depreciable Business Assets. 

OMB Number: 1545–1201. 

Regulation Project Number: PS–52–88 

Final. 

Abstract: The regulations provide 

rules on the election described in 

Internal Revenue Code section 179(b)(4); 

the apportionment of the dollar 

limitation among component members 

of a controlled group; and the proper 

order for deducting the carryover of 

disallowed deduction. The 

recordkeeping and reporting 

requirements are necessary to monitor 

compliance with the section 179 rules. 

Current Actions: There is no change to 

this existing regulation. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Individuals or 

households, farms, and business or 

other for-profit organizations. 

Estimated Number of Respondents: 

20,000. 

Estimated Time per Respondent: 45 

min. 

Estimated Total Annual Burden 

Hours: 15,000 hours. 

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: August 24, 2010. 

Gerald Shields, 

Supervisory Tax Analyst. 

[FR Doc. 2010–24490 Filed 9–29–10; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

[EE–43–92] 

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, 

Public Law 104–13 (44 U.S.C. 

3506(c)(2)(A)). Currently, the IRS is 

soliciting comments concerning an 

existing final regulation, EE–43–92 (TD 

8619), Direct Rollovers and 20-Percent 

Withholding Upon Eligible Rollover 

Distributions From Qualified Plans 

(§§ 1.401(a)(31)–1, 1.402(c)–2, 1.402(f)– 

1, 1.403(b)–2, and 31.3405(c)–1. 

DATES: Written comments should be 

received on or before November 29, 

2010 to be assured of consideration. 

ADDRESSES: Direct all written comments 

to Gerald Shields, Internal Revenue 

Service, room 6129, 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 6129, 1111 Constitution Avenue, 

mstockstill on DSKH9S0YB1PROD with NOTICES6

Federal Register / Vol. 75, No. 189 / Thursday, September 30, 2010 / Notices 60509 

NW., Washington, DC 20224, or 

through the Internet, at 

Allan.M.Hopkins@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Direct Rollovers and 20-Percent 

Withholding Upon Eligible Rollover 

Distributions From Qualified Plans. 

OMB Number: 1545–1341. 

Regulation Project Number: EE–43– 

92. 

Abstract: This regulation implements 

the provisions of the Unemployment 

Compensation Amendments of 1992 

(Pub. L. 102–318), which impose 

mandatory 20 percent income tax 

withholding upon the taxable portion of 

certain distributions from a qualified 

pension plan or a tax-sheltered annuity 

that can be rolled over tax-free to 

another eligible retirement plan unless 

such amounts are transferred directly to 

such other plan in a ‘‘direct rollover’’ 

transaction. These provisions also 

require qualified pension plans and taxsheltered annuities to offer their 

participants the option to elect to make 

‘‘direct rollovers’’ of their distributions 

and to provide distributees with a 

written explanation of the tax laws 

regarding their distributions and their 

option to elect such a rollover. 

Current Actions: There is no change to 

this existing regulation. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Individuals, business 

or other for-profit organizations, not-forprofit institutions, and Federal, state, 

local or tribal governments. 

Estimated Number of Respondents: 

10,323,926. 

Estimated Time Per Respondent: 13 

minutes. 

Estimated Total Annual Burden 

Hours: 2,129,669. 

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: August 24, 2010. 

Gerald Shields, 

Supervisory Tax Analyst. 

[FR Doc. 2010–24489 Filed 9–29–10; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Revenue Procedure 2004– 

56 

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 

Revenue Procedure 2004–56, Model 457 

Plan Provisions. 

DATES: Written comments should be 

received on or before November 29, 

2010 to be assured of consideration. 

ADDRESSES: Direct all written comments 

to Gerald Shields, Internal Revenue 

Service, room 6129, 1111 Constitution 

Avenue NW., Washington, DC 20224. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of revenue procedures should be 

directed to Allan Hopkins at Internal 

Revenue Service, room 6129, 1111 

Constitution Avenue NW., Washington, 

DC 20224, or at (202)622–6665, or 

through the Internet at 

Allan.M.Hopkins@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Model 457 Plan Provisions. 

OMB Number: 1545–1904. 

Revenue Procedure Number: Rev. 

Proc. 2004–56. 

Abstract: Revenue Procedure 2004–56 

contains model amendments to be used 

by section 457(b) plans (deferred 

compensation plans) of State or local 

governments. 

Current Actions: There are no changes 

being made to the revenue procedures at 

this time. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: State, local or Tribal 

governments, and not-for-profit 

institutions. 

Estimated Number of Respondents/ 

Recordkeepers: 10,260. 

Estimated Annual Average Time Per 

Respondent/Recordkeeper: 4 hours. 

Estimated Total Annual Reporting/ 

Recordkeeping Hours: 41,040. 

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: September 12, 2010. 

Allan Hopkins, 

Tax Analyst. 

[FR Doc. 2010–24486 Filed 9–29–10; 8:45 am] 

BILLING CODE 4830–01–P 

mstockstill on DSKH9S0YB1PROD with NOTICES6