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Federal Register / Vol. 71, No.

21 / Wednesday, February 1, 2006 / Notices 5411

(e) Estimates of capital or startup costs on Form 1098 the amount of points and DEPARTMENT OF THE TREASURY
and costs of operation, maintenance, the amount of interest (other than
and purchase of services to provide points) received during the taxable year Internal Revenue Service
information. on a single mortgage and must provide
to the payer of the points a separate Proposed Collection; Comment
Dated: January 25, 2006.
statement setting forth the information Request for Schedule F, Part I and II
Stuart Feldstein, (Form 1040)
being reported to the IRS.
Assistant Director, Legislative and Regulatory
Activities Division. Current Actions: There is no change to AGENCY: Internal Revenue Service (IRS),
[FR Doc. E6–1221 Filed 1–31–06; 8:45 am] this existing regulation. Treasury.
BILLING CODE 4810–33–P Type of Review: Extension of a ACTION: Notice and request for
currently approved collection. comments.
Affected Public: Business or other for- SUMMARY: The Department of the
DEPARTMENT OF THE TREASURY
profit organizations. Treasury, as part of its continuing effort
Internal Revenue Service Estimated Number of Respondents: to reduce paperwork and respondent
37,644. burden, invites the general public and
[IA–17–90]
Estimated Time Per Respondent: 7 other Federal agencies to take this
Proposed Collection; Comment hrs., 31 minutes. opportunity to comment on proposed
Request for Regulation Project and/or continuing information
Estimated Total Annual Burden collections, as required by the
AGENCY: Internal Revenue Service (IRS), Hours: 283,056. Paperwork Reduction Act of 1995,
Treasury. The following paragraph applies to all Public Law 104–13 (44 U.S.C.
ACTION: Notice and request for of the collections of information covered 3506(c)(2)(A)). Currently, the IRS is
comments. by this notice: soliciting comments concerning
An agency may not conduct or Schedule F, Part I and II (Form 1040),
SUMMARY: The Department of the
sponsor, and a person is not required to Profit or Loss From Farming.
Treasury, as part of its continuing effort
respond to, a collection of information DATES: Written comments should be
to reduce paperwork and respondent
burden, invites the general public and unless the collection of information received on or before April 3, 2006 to
other Federal agencies to take this displays a valid OMB control number. be assured of consideration.
opportunity to comment on proposed Books or records relating to a ADDRESSES: Direct all written comments
and/or continuing information collection of information must be to Glenn P. Kirkland, Internal Revenue
collections, as required by the retained as long as their contents may Service, room 6516, 1111 Constitution
Paperwork Reduction Act of 1995, become material in the administration Avenue, NW., Washington, DC 20224.
Public Law 104–13 (44 U.S.C. of any internal revenue law. Generally, FOR FURTHER INFORMATION CONTACT:
3506(c)(2)(A)). Currently, the IRS is tax returns and tax return information Requests for additional information or
soliciting comments concerning an are confidential, as required by 26 copies of the form and instructions
existing final regulation, IA–17–90 (TD U.S.C. 6103. should be directed to R. Joseph Durbala,
8571), Reporting Requirements for Request For Comments: Comments (202) 622–3634, at Internal Revenue
Recipients of Points Paid on Residential submitted in response to this notice will Service, room 6516, 1111 Constitution
Mortgages (§§ 1.6050H–1 and 1.6050H– be summarized and/or included in the Avenue, NW., Washington, DC 20224,
2). request for OMB approval. All or through the Internet at
DATES: Written comments should be comments will become a matter of RJoseph.Durbala@irs.gov.
received on or before April 3, 2006 to public record. Comments are invited on: SUPPLEMENTARY INFORMATION:
be assured of consideration. (a) Whether the collection of Title: Profit or Loss From Farming.
ADDRESSES: Direct all written comments information is necessary for the proper OMB Number: 1545–1975.
to Glenn P. Kirkland, Internal Revenue performance of the functions of the Form Number: Schedule F, Part I and
Service, room 6516, 1111 Constitution agency, including whether the II (Form 1040).
Avenue, NW., Washington, DC 20224. information shall have practical utility; Abstract: Schedule F, Part I and II
FOR FURTHER INFORMATION CONTACT: (b) the accuracy of the agency’s estimate (Form 1040) is used by individuals to
Requests for additional information or of the burden of the collection of report their Farm Income. The data is
copies of this regulation should be information; (c) ways to enhance the used to verify that the items reported on
directed to R. Joseph Durbala, at (202) quality, utility, and clarity of the the form are correct and also for general
622–3634, Internal Revenue Service, information to be collected; (d) ways to statistical use.
room 6407, 1111 Constitution Avenue, minimize the burden of the collection of Current Actions: There is no change
NW., Washington, DC 20224, or through information on respondents, including in the paperwork burden previously
the internet at RJoseph.Durbala@irs.gov. through the use of automated collection approved by OMB. This form is being
SUPPLEMENTARY INFORMATION: techniques or other forms of information submitted for renewal purposes only.
Title: Reporting Requirements for technology; and (e) estimates of capital Type of Review: Extension of a
Recipients of Points Paid on Residential or start-up costs and costs of operation, currently approved collection.
Mortgages. maintenance, and purchase of services Affected Public: Businesses and other
OMB Number: 1545–1380. to provide information. for-profit organizations, Farming.
Regulation Project Number: IA–17– Estimated Number of Respondents:
cchase on PROD1PC60 with NOTICES

Approved: January 23, 2006.
90. 1,323,640.
Glenn P. Kirkland,
Abstract: These regulations require Estimated Time Per Respondent: 5
the reporting of certain information IRS Reports Clearance Officer. hours 53 minutes.
relating to payments of mortgage [FR Doc. E6–1228 Filed 1–31–06; 8:45 am] Estimated Total Annual Burden
interest. Taxpayers must separately state BILLING CODE 4830–01–P Hours: 7,796,240.

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5412 Federal Register / Vol. 71, No. 21 / Wednesday, February 1, 2006 / Notices

The following paragraph applies to all soliciting comments concerning Form of the burden of the collection of
of the collections of information covered 5498–ESA, Coverdell ESA Contribution information; (c) ways to enhance the
by this notice: Information. quality, utility, and clarity of the
An agency may not conduct or DATES: Written comments should be information to be collected; (d) ways to
sponsor, and a person is not required to received on or before April 3, 2006 to minimize the burden of the collection of
respond to, a collection of information be assured of consideration. information on respondents, including
unless the collection of information ADDRESSES: Direct all written comments through the use of automated collection
displays a valid OMB control number. to Glenn P. Kirkland, Internal Revenue techniques or other forms of information
Books or records relating to a collection Service, room 6516, 1111 Constitution technology; and (e) estimates of capital
of information must be retained as long Avenue, NW., Washington, DC 20224. or start-up costs and costs of operation,
as their contents may become material maintenance, and purchase of services
FOR FURTHER INFORMATION CONTACT:
in the administration of any internal to provide information.
Requests for additional information or
revenue law. Generally, tax returns and Approved: January 23, 2006.
copies of the form and instructions
tax return information are confidential,
should be directed to Allan Hopkins, at Glenn P. Kirkland,
as required by 26 U.S.C. 6103.
Request For Comments: Comments (202) 622–6665, or at Internal Revenue IRS Reports Clearance Officer.
submitted in response to this notice will Service, room 6516, 1111 Constitution [FR Doc. E6–1230 Filed 1–31–06; 8:45 am]
be summarized and/or included in the Avenue NW., Washington, DC 20224, or BILLING CODE 4830–01–P
request for OMB approval. All through the Internet, at
comments will become a matter of Allan.M.Hopkins@irs.gov.
public record. Comments are invited on: SUPPLEMENTARY INFORMATION: DEPARTMENT OF THE TREASURY
(a) Whether the collection of Title: Coverdell ESA Contribution
Information. Internal Revenue Service
information is necessary for the proper
performance of the functions of the OMB Number: 1545–1815. Proposed Collection; Comment
agency, including whether the Form Number: 5498–ESA.
Request for Form 8881
information shall have practical utility; Abstract: Form 5498–ESA is used by
(b) the accuracy of the agency’s estimate trustees or issuers of Coverdell AGENCY: Internal Revenue Service (IRS),
of the burden of the collection of Education Savings accounts to report Treasury.
information; (c) ways to enhance the contributions and rollovers to these ACTION: Notice and request for
quality, utility, and clarity of the accounts to beneficiaries. comments.
information to be collected; (d) ways to Current Actions: There are no changes
minimize the burden of the collection of being made to the form at this time. SUMMARY: The Department of the
information on respondents, including Type of Review: Extension of a Treasury, as part of its continuing effort
through the use of automated collection currently approved collection. to reduce paperwork and respondent
techniques or other forms of information Affected Public: Business or other for- burden, invites the general public and
technology; and (e) estimates of capital profit organization. other Federal agencies to take this
or start-up costs and costs of operation, Estimated Number of Responses: opportunity to comment on proposed
maintenance, and purchase of services 150,000. and/or continuing information
Estimated Time Per Response: 7 collections, as required by the
to provide information.
minutes. Paperwork Reduction Act of 1995,
Approved: January 23, 2006. Estimated Total Annual Burden Public Law 104–13 (44 U.S.C.
Glenn P. Kirkland, Hours: 18,000. 3506(c)(2)(A)). Currently, the IRS is
IRS Reports Clearance Officer. The following paragraph applies to all soliciting comments concerning Form
[FR Doc. E6–1229 Filed 1–31–06; 8:45 am] of the collections of information covered 8881, Credit for Small Employer
BILLING CODE 4830–01–P by this notice: Pension Plan Startup Costs.
An agency may not conduct or DATES: Written comments should be
sponsor, and a person is not required to received on or before April 3, 2006 to
DEPARTMENT OF THE TREASURY respond to, a collection of information be assured of consideration.
unless the collection of information
Internal Revenue Service ADDRESSES: Direct all written comments
displays a valid OMB control number.
Books or records relating to a collection to Glenn P. Kirkland, Internal Revenue
Proposed Collection; Comment of information must be retained as long Service, room 6516, 1111 Constitution
Request for Form 5498–ESA as their contents may become material Avenue, NW., Washington, DC 20224.
in the administration of any internal FOR FURTHER INFORMATION CONTACT:
AGENCY: Internal Revenue Service (IRS),
Treasury. revenue law. Generally, tax returns and Requests for additional information or
tax return information are confidential, copies of the form and instructions
ACTION: Notice and request for
as required by 26 U.S.C. 6103. should be directed to Allan Hopkins, at
comments. (202) 622–6665, or at Internal Revenue
Request For Comments: Comments
SUMMARY: The Department of the submitted in response to this notice will Service, room 6516, 1111 Constitution
Treasury, as part of its continuing effort be summarized and/or included in the Avenue, NW., Washington, DC 20224,
to reduce paperwork and respondent request for OMB approval. All or through the Internet, at
burden, invites the general public and comments will become a matter of Allan.M.Hopkins@irs.gov.
other Federal agencies to take this public record. Comments are invited on: SUPPLEMENTARY INFORMATION:
opportunity to comment on proposed (a) Whether the collection of Title: Credit for Small Employer
cchase on PROD1PC60 with NOTICES

and/or continuing information information is necessary for the proper Pension Plan Startup Costs.
collections, as required by the performance of the functions of the OMB Number: 1545–1810.
Paperwork Reduction Act of 1995, agency, including whether the Form Number: 8881.
Public Law 104–13 (44 U.S.C. information shall have practical utility; Abstract: Qualified small employers
3506(c)(2)(A)). Currently, the IRS is (b) the accuracy of the agency’s estimate use Form 8881 to request a credit for

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