98-1502. Submission to OMB for Review; Comment Request

[Federal Register Volume 63, Number 14 (Thursday, January 22, 1998)]
[Notices]
[Page 3392]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-1502]


-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY


Submission to OMB for Review; Comment Request

January 14, 1998.
    The Department of Treasury has submitted the following public 
information collection requirement(s) to OMB for review and clearance 
under the Paperwork Reduction Act of 1995, Public Law 104-13. Copies of 
the submission(s) may be obtained by calling the Treasury Bureau 
Clearance Officer listed. Comments regarding this information 
collection should be addressed to the OMB reviewer listed and to the 
Treasury Department Clearance Officer, Department of the Treasury, Room 
2110, 1425 New York Avenue, NW., Washington, DC 20220.

Internal Revenue Service (IRS)

    OMB Number: 1545-0145.
    Form Number: IRS Form 2439.
    Type of Review: Extension.
    Title: Notice to Shareholder of Undistributed Long-Term Capital 
Gains.
    Description: Form 2439 is sent by regulated investment companies 
and real estate investment trusts to report undistributed capital gains 
and the amount of tax paid on these gains designated under IRC section 
852(b)(3)(D) or 857(b)(3)(D). The company, the trust, and the 
shareholder file copies of Form 2439 with IRS. IRS uses the information 
to check shareholder compliance.
    Respondents: Business or other for-profit.
    Estimated Number of Respondents/Recordkeepers: 8,363.
    Estimated Burden Hours Per Respondent/Recordkeeper:
    Recordkeeping--2 hr., 52 min.
    Learning about the law or the form--35 min.
    Preparing and sending the form to the IRS--40 min.
    Frequency of Response: Annually.
    Estimated Total Reporting/Recordkeeping Burden: 34,539 hours.
    Clearance Officer: Garrick Shear [phone], Internal Revenue 
Service, Room 5571, 1111 Constitution Avenue, NW, Washington, DC 20224.
    OMB Reviewer: Alexander T. Hunt [phone], Office of 
Management and Budget, Room 10226, New Executive Office Building, 
Washington, DC 20503.
Lois K. Holland,
Departmental Reports, Management Officer.
[FR Doc. 98-1502 Filed 1-21-98; 8:45 am]
BILLING CODE 4830-01-P