75 FR 42 pgs. 10023-10024 - Proposed Collection; Comment Request for Form 8610 and Schedule A(Form 8610)
Type: NOTICEVolume: 75Number: 42Pages: 10023 - 10024
FR document: [FR Doc. 2010-4462 Filed 3-3-10; 8:45 am]
Agency: Treasury Department
Sub Agency: Internal Revenue Service
Official PDF Version: PDF Version
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 8610 and Schedule A(Form 8610)
AGENCY:
Internal Revenue Service (IRS), Treasury.
ACTION:
Notice and request for comments.
SUMMARY:
The Department of the Treasury, as part of its continuingeffort to reduce paperwork and respondent burden, invites the generalpublic and other Federal agencies to take this opportunity to commenton proposed and/or continuing information collections, as required bythe Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C.3506(c)(2)(A)). Currently, the IRS is soliciting comments concerningForm 8610, Annual Low-Income Housing Credit Agencies Report, andSchedule A (Form 8610), Carryover Allocation of Low-Income HousingCredit.
DATES:
Written comments should be received on or before May 3, 2010 to be assured of consideration.
ADDRESSES:
Direct all written comments to R. Joseph Durbala, InternalRevenue Service, room 6129, 1111 Constitution Avenue, NW., Washington,DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information orcopies of the forms and instructions should be directed to Allan Hopkins, at (202) 622-6665, or at Internal Revenue Service, room 6129,1111 Constitution Avenue, NW., Washington, DC 20224, or through theInternet, at Allan.M.Hopkins@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Form 8610, Annual Low-Income Housing Credit Agencies Report,and Schedule A (Form 8610), Carryover Allocation of Low-Income HousingCredit.
OMB Number: 1545-0990.
Form Number: Form 8610 and Schedule A (Form 8610).
Abstract: State housing credit agencies (Agencies) are required byCode section 42(l)(3) to report annually the amount of low-incomehousing credits that they allocated to qualified buildings during theyear. Agencies report the amount allocated to the building owners andto the IRS in Part I of Form 8609. Carryover allocations are reportedto the Agencies in carryover allocation documents. The Agencies reportthe carryover allocations to the IRS on Schedule A (Form 8610). Form8610 is a transmittal and reconciliation document for Forms 8609,Schedule A (Form 8610), binding agreements, and election statements.
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: State, local or tribal governments.
Estimated Number of Respondents: 53.
Estimated Time per Respondent: 105 hours, 38 minutes.
Estimated Total Annual Burden Hours: 5,599.
The following paragraph applies to all of the collections ofinformation covered by this notice:
An agency may not conduct or sponsor, and a person is not requiredto respond to, a collection of information unless the collection ofinformation displays a valid OMB control number. Books or recordsrelating to a collection of information must be retained as long astheir contents may become material in the administration of anyinternal revenue law. Generally, tax returns and tax return informationare confidential, as required by 26 U.S.C. 6103.
Request for Comments: Comments submitted in response to this noticewill be summarized and/or included in the request for OMB approval. Allcomments will become a matter of public record. Comments are invitedon: (a) Whether the collection of information is necessary for theproper performance of the functions of the agency, including whetherthe information shall have practical utility; (b) the accuracy of theagency's estimate of the burden of the collection of information; (c)ways to enhance the quality, utility, and clarity of the information tobe collected; (d) ways to minimize the burden of the collection ofinformation on respondents, including through the use of automatedcollection 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: February 22, 2010.
R. Joseph Durbala,
Supervisory Tax Analyst.
[FR Doc. 2010-4462 Filed 3-3-10; 8:45 am]
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