99-25662. Submission for OMB Review; Comment Request  

  • [Federal Register Volume 64, Number 191 (Monday, October 4, 1999)]
    [Notices]
    [Pages 53767-53768]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 99-25662]
    
    
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    DEPARTMENT OF THE TREASURY
    
    
    Submission for OMB Review; Comment Request
    
    September 22, 1999.
        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.
    
    DATES: Written comments should be received on or before November 3, 
    1999 to be assured of consideration.
    
    Internal Revenue Service (IRS)
    
        OMB Number: 1545-0008.
        Form Number: IRS Forms W-2, W-2c, W-2AS, W-2GU, W-2VI, W-3, W-3c, 
    W-3cPR, W-3PR, W-3SS.
        Type of Review: Extension.
    
    Title:
        Wage and Tax Statement (W-2);
        Corrected Wage and Tax Statement (W-2c);
        American Samoa Wage and Tax Statement (W-2AS);
        Guam Wage and Tax Statement (W-2GU);
        U.S. Virgin Islands Wage and Tax Statement (W-2VI);
        Transmittal of Wage and Tax Statements (W-3);
    Transmittal of Corrected Wage and Tax Statements (W-3c);
    Informe de Comprobantes de Retencion (Transmittal of Withholding 
    Statements W-3PR);
    Transmision de Comprobantes de Retencion Corregidos (Transmittal of 
    Corrected Wage and Tax Statements) (W-3cPR); and
    Transmittal of Wage and Tax Statements (W-3SS).
    
        Description: Employers report income and withholding on Form W-2. 
    Forms W-2AS, W-2GU and W-2VI are the U.S. possessions versions of Form 
    W-2. The Form W-3 series is used to transmit Forms W-2 to SSA. Forms W-
    2c, W-3c and W-3cPR are used to correct previously filed Forms W-2, W-3 
    and W-3PR. Individuals use Form W-2 to prepare their income tax return.
        Respondents Business or other for-profit, individuals or 
    households, not-for-profit institutions, farms, Federal Government, 
    State, Local or Tribal Government.
        Estimated Number of Respondents: 5,882,789.
        Estimated Burden Hours Per Respondent:
    
    ------------------------------------------------------------------------
                                                              Response time
                            Form No.                           (in minutes)
    ------------------------------------------------------------------------
    W-2....................................................               32
    W-2AS..................................................               22
    W-2c...................................................               52
    W-2GU..................................................               23
    W-2VI..................................................               22
    W-3....................................................               28
    W-3c...................................................               22
    W-3cPR.................................................               31
    W-3PR..................................................               27
    W-3SS..................................................               25
    ------------------------------------------------------------------------
    
        Frequency of Response: Annually.
        Estimated Total Reporting Burden: 1 hour.
        OMB Number: 1545-1028.
        Regulation Project Numbers: INTL-941-86 (NPRM) and INTL-655-87 
    Temporary.
    
    [[Page 53768]]
    
        Type of Review: Extension.
        Title: Passive Foreign Investment Companies.
        Description: These regulations specify how U.S. persons who are 
    shareholders of passive foreign investment companies (PFICs) make 
    elections with respect to their PFIC stock.
        Respondents: Business or other for-profit.
        Estimated Number of Respondents: 275,000.
        Estimated Burden Hours Per Respondent: 25 minutes.
        Frequency of Response: Annually.
        Estimated Total Reporting Burden: 112,500 hour.
        Clearance Officer: Garrick Shear, Internal Revenue Service, Room 
    5244, 1111 Constitution Avenue, NW, Washington, DC 20224.
        OMB Reviewer: Alexander T. Hunt, (202) 395-7860, Office of 
    Management and Budget, Room 10202, New Executive Office Building, 
    Washington, DC 20503.
    Lois K. Holland,
    Departmental Reports Management Officer.
    [FR Doc. 99-25662 Filed 10-1-99; 8:45 am]
    BILLING CODE 4830-01-P
    
    
    

Document Information

Published:
10/04/1999
Department:
Treasury Department
Entry Type:
Notice
Document Number:
99-25662
Dates:
Written comments should be received on or before November 3, 1999 to be assured of consideration.
Pages:
53767-53768 (2 pages)
PDF File:
99-25662.pdf