[Federal Register Volume 64, Number 31 (Wednesday, February 17, 1999)]
[Notices]
[Pages 7951-7952]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-3706]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 5074
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
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SUMMARY: The Department of the Treasury, as part of its continuing
effort to reduce paperwork and respondent burden, invites the general
public and other Federal agencies to take this opportunity to comment
on proposed and/or continuing information collections, as required by
the Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C.
3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning
Form 5074, Allocation of Individual Income Tax to Guam or the
Commonwealth of the Northern Mariana Islands (CNMI).
DATES: Written comments should be received on or before April 19, 1999
to be assured of consideration.
ADDRESSES: Direct all written comments to Garrick R. Shear, Internal
Revenue Service, room 5571, 1111 Constitution Avenue NW., Washington,
DC 20224.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the form and instructions should be directed to Faye Bruce,
(202) 622-6665, Internal Revenue Service, Room 5577, 1111 Constitution
Avenue NW., Washington, DC 20224.
SUPPLEMENTARY INFORMATION:
Title: Allocation of Individual Income Tax to Guam or the
Commonwealth of the Northern Mariana Islands (CNMI).
OMB Number: 1545-0803.
Form Number: 5074.
Abstract: Form 5074 is used by U.S. citizens or residents as an
attachment to Form 1040 when they have $50,000 or more in adjusted
gross income from U.S. sources and $5,000 or more in gross income from
Guam or the Commonwealth of the Northern Mariana Islands (CNMI). The
data is used by IRS to allocate income tax due to Guam or the CNMI as
required by 26 U.S.C. 7654.
Current Actions: There are no changes being made to Form 5074 at
this time.
Type of Review: Extension of a current OMB approval.
Affected Public: Individuals or households.
Estimated Number of Respondents: 50.
Estimated Time Per Respondent: 4 hrs., 11 mins.
Estimated Total Annual Burden Hours: 210.
The following paragraph applies to all of the collections of
information covered by this notice:
An agency may not conduct or sponsor, and a person is not required
to respond to, a collection of information unless the collection of
information displays a valid OMB control number. Books or records
relating to a collection of information must be retained as long as
their contents may become material in the administration of any
internal revenue law. Generally, tax returns and tax return information
are confidential, as required by 26 U.S.C. 6103.
Request for Comments
Comments submitted in response to this notice will be summarized
and/or included in the request for OMB approval. All comments will
become a matter of public record. Comments are invited on: (a) Whether
the collection of information is necessary for the proper performance
of the functions of the agency, including whether the information shall
have practical utility; (b) the accuracy of the agency's estimate of
the burden of the collection of
[[Page 7952]]
information; (c) ways to enhance the quality, utility, and clarity of
the information to be collected; (d) ways to minimize the burden of the
collection of information on respondents, including through the use of
automated collection 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 8, 1999.
Garrick R. Shear,
IRS Reports Clearance Officer.
[FR Doc. 99-3706 Filed 2-16-99; 8:45 am]
BILLING CODE 4830-01-U
