[Federal Register Volume 64, Number 219 (Monday, November 15, 1999)]
[Notices]
[Page 61960]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-29657]
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DEPARTMENT OF THE TREASURY
Submission for OMB Review; Comment Request
November 5, 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 December 15,
1999 to be assured of consideration.
Internal Revenue Service (IRS)
OMB Number: 1545-0499.
Form Number: IRS Form 5305-SEP.
Type of Review: Extension.
Title: Simplified Employee Pension-Individual Retirement Accounts
Contribution Agreement.
Description: This form is used by an employer to make an agreement
to provide benefits to all employees under a Simplified Employee
Pension (SEP) described in section 408(k). This form is not to be filed
with the IRS but to be retained in the employer's records as proof of
establishing a SEP and justifying a deduction for contributions to the
SEP. The data is used to verify the deduction.
Respondents: Business or other for-profit.
Estimated Number of Respondents/Recordkeepers: 100,000.
Estimated Burden Hours Per Respondent/Recordkeeper:
Recordkeeping................................ 1 hr., 40 min.
Learning about the law or the form........... 1 hr., 35 min.
Preparing the form........................... 1 hr., 41 min.
Frequency of Response: On occasion.
Estimated Total Reporting/Recordkeeping Burden: 495,000 hours.
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.
Mary A. Able,
Departmental Reports Management Officer.
[FR Doc. 99-29657 Filed 11-12-99; 8:45 am]
BILLING CODE 4830-01-P
