Federal Register / Vol. 66, No. 6 / Tuesday, January 9, 2001 / Notices 1721

1041 and related Schedules D, J, and K–

1, U.S. Income Tax Return for Estates

and Trusts.

DATES: Written comments should be

received on or before March 12, 2001 to

be assured of consideration.

ADDRESSES: Direct all written comments

to Garrick R. Shear, Internal Revenue

Service, room 5244, 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 Carol Savage,

(202) 622–3945, Internal Revenue

Service, room 5242, 1111 Constitution

Avenue NW., Washington, DC 20224.

SUPPLEMENTARY INFORMATION:

Title: U.S. Income Tax Return for

Estates and Trusts (Form 1041), Capital

Gains and Losses (Schedule D),

Accumulation Distribution for Certain

Complex Trusts (Schedule J), and

Beneficiary’s Share of Income,

Deductions, Credits, etc. (Schedule K–

1).

OMB Number: 1545–0092.

Form Number: 1041 and related

Schedules D, J, and K–1.

Abstract: IRC section 6012 requires

that an annual income tax return be

filed for estates and trusts. The data is

used by the IRS to determine that the

estates, trusts, and beneficiaries filed the

proper returns and paid the correct tax.

Current Actions: There are no changes

being made to the form at this time.

Type of Review: Extension of a

currently approved collection.

Affected Public: Business or other forprofit organizations and individuals.

Estimated Number of Respondents:

3,496,119.

Estimated Time Per Respondent: 104

hours, 11 minutes.

Estimated Total Annual Burden

Hours: 364,219,012.

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 28, 2000.

Garrick R. Shear,

IRS Reports Clearance Officer.

[FR Doc. 01–495 Filed 1–8–01; 8:45 am]

BILLING CODE 4830–01–P

DEPARTMENT OF THE TREASURY

Internal Revenue Service

Proposed Collection; Comment

Request for Tip Reporting Alternative

Commitment (TRAC) for Use in the

Food and Beverage Industry

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 the Tip

Reporting Alternative Commitment

(TRAC) for Use in the Food and

Beverage Industry.

DATES: Written comments should be

received on or before March 12, 2001 to

be assured of consideration.

ADDRESSES: Direct all written comments

to Garrick R. Shear, Internal Revenue

Service, room 5244, 1111 Constitution

Avenue NW., Washington, DC 20224.

FOR FURTHER INFORMATION CONTACT:

Requests for additional information or

copies of the information collection

should be directed to Carol Savage,

(202) 622–3945, Internal Revenue

Service, room 5242, 1111 Constitution

Avenue NW., Washington, DC 20224.

SUPPLEMENTARY INFORMATION:

Title: For Tip Reporting Alternative

Commitment (TRAC) for Use in the

Food and Beverage Industry.

OMB Number: 1545–1549.

Abstract: Information is required by

the Internal Revenue Service in its

compliance efforts to assist employers

and their employees in understanding

and complying with Internal Revenue

Code section 6053(a), which requires

employees to report all their tips

monthly to their employers.

Current Actions: There is no change to

this existing information collection.

Type of Review: Extension of a

currently approved collection.

Affected Public: Business or other forprofit organizations.

Estimated Number of Respondents

and/or Recordkeepers: 41,800.

Estimated Average Time Per

Respondent/Recordkeeper: 7 hours, 6

minutes.

Estimated Total Annual Reporting

and/or Recordkeeping Burden Hours:

296,916.

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

1722 Federal Register / Vol. 66, No. 6 / Tuesday, January 9, 2001 / Notices

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: January 2, 2001.

Garrick R. Shear,

IRS Reports Clearance Officer.

[FR Doc. 01–496 Filed 1–8–01; 8:45 am]

BILLING CODE 4830–01–P

DEPARTMENT OF THE TREASURY

Internal Revenue Service

Proposed Collection; Comment

Request For Tip Reporting Alternative

Commitment (TRAC) for Most

Industries

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 Tip

Reporting Alternative Commitment

(TRAC) For Most Industries.

DATES: Written comments should be

received on or before March 12, 2001 to

be assured of consideration.

ADDRESSES: Direct all written comments

to Garrick R. Shear, Internal Revenue

Service, room 5244, 1111 Constitution

Avenue NW., Washington, DC 20224.

FOR FURTHER INFORMATION CONTACT:

Requests for additional information or

copies of the information collection

should be directed to Carol Savage,

(202) 622–3945, Internal Revenue

Service, room 5242, 1111 Constitution

Avenue NW., Washington, DC 20224.

SUPPLEMENTARY INFORMATION:

Title: Tip Reporting Alternative

Commitment (TRAC) For Most

Industries.

OMB Number: 1545–1714.

Abstract: Information is required by

the Internal Revenue Service in its tax

compliance efforts to assist employers

and their employees in understanding

and complying with Internal Revenue

Code section 6053(a), which requires

employees to report all their tips

monthly to their employers.

Current Actions: There is no change to

this existing information collection.

Type of Review: Extension of a

currently approved collection.

Affected Public: Business or other forprofit organizations.

Estimated Number of Respondents

and/or Recordkeeping: 300.

Estimated Average Time Per

Respondent/Recordkeeper: 16 hr., 16

min.

Estimated Total Annual Reporting

and/or Recordkeeping Burden Hours:

4,877.

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: January 2, 2001.

Garrick R. Shear,

IRS Reports Clearance Officer,

[FR Doc. 01–497 Filed 1–8–01; 8:45 am]

BILLING CODE 6560–50–P

DEPARTMENT OF THE TREASURY

Internal Revenue Service

Proposed Collection; Comment

Request for Notice 2001–1

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 Notice

2001-1, Employer-designed Tip

Reporting Program for the Food and

Beverage Industry (EmTRAC).

DATES: Written comments should be

received on or before March 12, 2001 to

be assured of consideration.

ADDRESSES: Direct all written comments

to Garrick R. Shear, Internal Revenue

Service, room 5244, 1111 Constitution

Avenue NW., Washington, DC 20224.

FOR FURTHER INFORMATION CONTACT:

Requests for additional information or

copies of the notice should be directed

to Carol Savage, (202) 622–3945,

Internal Revenue Service, room 5242,

1111 Constitution Avenue NW.,

Washington, DC 20224.

SUPPLEMENTARY INFORMATION:

Title: Employer-designed Tip

Reporting Program for the Food and

Beverage Industry (EmTRAC).

OMB Number: 1545–1716.

Notice Number: Notice 2001–1.

Abstract: Information is required by

the Internal Revenue Service in its

compliance efforts to assist employers

and their employees in understanding

and complying with Internal Revenue

Code section 6053(a), which requires

employees to report all their tips

monthly to their employers.

Current Actions: There are no changes

being made to the notice at this time.

Type of Review: Extension of a

currently approved collection.

Affected Public: Business or other forprofit organizations.

Estimated Number of Respondents

and/or recordkeepers: 20.

Estimated Average Time Per

Respondent/Recordkeeper: 44 hours.

Estimated Total Annual Reporting

and/or Recordkeeping Burden Hours:

870 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