81 FR 3239 - Proposed Collection; Comment Request for Revenue Procedure 2006-31

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 81, Issue 12 (January 20, 2016)

Page Range		3239-3239
FR Document		2016-00893

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 2006-31, Revocation of Election filed under I.R.C. 83(b).

Federal Register, Volume 81 Issue 12 (Wednesday, January 20, 2016)

[Federal Register Volume 81, Number 12 (Wednesday, January 20, 2016)]
[Notices]
[Page 3239]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-00893]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Revenue Procedure 2006-
31

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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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 2006-31, Revocation of Election filed under I.R.C. 
83(b).

DATES: Written comments should be received on or before March 21, 2016 
to be assured of consideration.

ADDRESSES: Direct all written comments to Michael A. Joplin, Internal 
Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington, 
DC 20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the revenue procedure should be directed to Martha R. 
Brinson, Internal Revenue Service, Room 6129, 1111 Constitution Avenue 
NW., Washington, DC 20224, or through the Internet at 
[email protected].

SUPPLEMENTARY INFORMATION: 
    Title: Revocation of Election filed under I.R.C. 83(b).
    OMB Number: 1545-2018.
    Form Number: Rev. Proc. 2006-31.
    Abstract: This revenue procedure sets forth the procedures to be 
followed by individuals who wish to request permission to revoke the 
election they made under section 83(b).
    Current Actions: There are no changes being made to the revenue 
procedure at this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Individuals and Households, Businesses and other 
for-profit organizations.
    Estimated Number of Respondents: 200.
    Estimated Time per Respondent: 2 hours.
    Estimated Total Annual Burden Hours: 400.
    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 8, 2016.
Michael A. Joplin,
IRS Reports Clearance Officer.
[FR Doc. 2016-00893 Filed 1-19-16; 8:45 am]
 BILLING CODE 4830-01-P

Federal Register / Vol. 81, No. 12 / Wednesday, January 20, 2016 / Notices 3239

Type of Review: Extension of a SUMMARY: The Department of the Request for Comments: Comments
currently approved collection. Treasury, as part of its continuing effort Submitted In Response To This Notice
Affected Public: Business or other for- to reduce paperwork and respondent Will Be summarized and/or included in
profit organizations. burden, invites the general public and the request for OMB approval. All
Estimated Number of Respondents: other Federal agencies to take this comments will become a matter of
8,600. opportunity to comment on proposed public record. Comments are invited on:
Estimated Average Time per and/or continuing information (a) Whether the collection of
Respondent: 1 hour. collections, as required by the information is necessary for the proper
Estimated Total Annual Burden Paperwork Reduction Act of 1995, performance of the functions of the
Hours: 8,600. Public Law 104–13 (44 U.S.C. agency, including whether the
The following paragraph applies to all 3506(c)(2)(A)). Currently, the IRS is information shall have practical utility;
of the collections of information covered soliciting comments concerning (b) the accuracy of the agency’s estimate
by this notice: Revenue Procedure 2006–31, of the burden of the collection of
An agency may not conduct or Revocation of Election filed under I.R.C. information; (c) ways to enhance the
sponsor, and a person is not required to 83(b). quality, utility, and clarity of the
respond to, a collection of information DATES: Written comments should be information to be collected; (d) ways to
unless the collection of information received on or before March 21, 2016 to minimize the burden of the collection of
displays a valid OMB control number. be assured of consideration. information on respondents, including
Books or records relating to a collection ADDRESSES: Direct all written comments through the use of automated collection
of information must be retained as long to Michael A. Joplin, Internal Revenue techniques or other forms of information
as their contents may become material Service, Room 6129, 1111 Constitution technology; and (e) estimates of capital
in the administration of any internal Avenue NW., Washington, DC 20224. or start-up costs and costs of operation,
revenue law. Generally, tax returns and FOR FURTHER INFORMATION CONTACT: maintenance, and purchase of services
tax return information are confidential, Requests for additional information or to provide information.
as required by 26 U.S.C. 6103. copies of the revenue procedure should Approved: January 8, 2016.
Request for Comments: Comments be directed to Martha R. Brinson,
submitted in response to this notice will Michael A. Joplin,
Internal Revenue Service, Room 6129, IRS Reports Clearance Officer.
be summarized and/or included in the 1111 Constitution Avenue NW.,
request for OMB approval. All [FR Doc. 2016–00893 Filed 1–19–16; 8:45 am]
Washington, DC 20224, or through the
comments will become a matter of Internet at Martha.R.Brinson@irs.gov. BILLING CODE 4830–01–P
public record. Comments are invited on: SUPPLEMENTARY INFORMATION:
(a) Whether the collection of Title: Revocation of Election filed
information is necessary for the proper DEPARTMENT OF THE TREASURY
under I.R.C. 83(b).
performance of the functions of the OMB Number: 1545–2018. Internal Revenue Service
agency, including whether the Form Number: Rev. Proc. 2006–31.
information shall have practical utility; Abstract: This revenue procedure sets Proposed Collection; Comment
(b) the accuracy of the agency’s estimate forth the procedures to be followed by Request for Form 6198
of the burden of the collection of individuals who wish to request
information; (c) ways to enhance the permission to revoke the election they AGENCY: Internal Revenue Service (IRS),
quality, utility, and clarity of the made under section 83(b). Treasury.
information to be collected; (d) ways to Current Actions: There are no changes ACTION: Notice and request for
minimize the burden of the collection of being made to the revenue procedure at comments.
information on respondents, including this time.
through the use of automated collection Type of Review: Extension of a SUMMARY: The Department of the
techniques or other forms of information currently approved collection. Treasury, as part of its continuing effort
technology; and (e) estimates of capital Affected Public: Individuals and to reduce paperwork and respondent
or start-up costs and costs of operation, Households, Businesses and other for- burden, invites the general public and
maintenance, and purchase of services profit organizations. other Federal agencies to take this
to provide information. Estimated Number of Respondents: opportunity to comment on proposed
200. and/or continuing information
Approved: January 8, 2016. Estimated Time per Respondent: 2 collections, as required by the
Michael A. Joplin, hours. Paperwork Reduction Act of 1995,
IRS Reports Clearance Officer. Estimated Total Annual Burden Public Law 104–13 (44 U.S.C.
[FR Doc. 2016–00892 Filed 1–19–16; 8:45 am] Hours: 400. 3506(c)(2)(A)). Currently, the IRS is
BILLING CODE 4830–01–P The following paragraph applies to all soliciting comments concerning Form
of the collections of information covered 6198, At-Risk Limitations.
by this notice:
DATES: Written comments should be
DEPARTMENT OF THE TREASURY An agency may not conduct or
sponsor, and a person is not required to received on or before March 21, 2016 to
Internal Revenue Service respond to, a collection of information be assured of consideration.
unless the collection of information ADDRESSES: Direct all written comments
Proposed Collection; Comment displays a valid OMB control number. to Michael A. Joplin, Internal Revenue
Request for Revenue Procedure 2006– Service, Room 6129, 1111 Constitution
tkelley on DSK4VPTVN1PROD with NOTICES

Books or records relating to a collection
31 of information must be retained as long Avenue NW., Washington, DC 20224.
AGENCY: Internal Revenue Service (IRS), as their contents may become material FOR FURTHER INFORMATION CONTACT:
Treasury. in the administration of any internal Requests for additional information or
revenue law. Generally, tax returns and copies of the form and instructions
ACTION: Notice and request for
tax return information are confidential, should be directed to Martha R. Brinson,
comments.
as required by 26 U.S.C. 6103. Internal Revenue Service, Room 6129,

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Document Created: 2016-01-19 23:44:16
Document Modified: 2016-01-19 23:44:16

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
Action		Notice and request for comments.
Dates		Written comments should be received on or before March 21, 2016 to be assured of consideration.
Contact		Requests for additional information or copies of the revenue procedure should be directed to Martha R. Brinson, Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington, DC 20224, or through the Internet at [email protected]
FR Citation		81 FR 3239

81 FR 3239 - Proposed Collection; Comment Request for Revenue Procedure 2006-31

DEPARTMENT OF THE TREASURYInternal Revenue Service

Federal Register Volume 81, Issue 12 (January 20, 2016)

DEPARTMENT OF THE TREASURY
Internal Revenue Service