98-4883. Submission to OMB for Review; Comment Request

[Federal Register Volume 63, Number 38 (Thursday, February 26, 1998)]
[Notices]
[Pages 9897-9898]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-4883]


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DEPARTMENT OF THE TREASURY


Submission to OMB for Review; Comment Request

February 17, 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.

DATES: Written comments should be received on or before March 30, 1998 
to be assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-0746.
    Regulation Project Number: LR-100-78 Final.
    Type of Review: Extension.
    Title: Creditability of Foreign Taxes.
    Description: The information needed is a statement by the taxpayer 
that it has elected to apply the safe harbor formula of Sec. 1.901-
2A(e) of the foreign tax credit regulations. This statement is 
necessary in order that the IRS may properly determine the taxpayer's 
tax liability.
    Respondents: Business or other for-profit, Individuals or 
households, Farms.
    Estimated Number of Respondents: 110.
    Frequency of Response: Other (nonrecurring).
    Estimated Total Reporting Burden: 37 hours.

    OMB Number: 1545-0768.
    Regulation Project Number: EE-178-78 Final (TD 7898).
    Type of Review: Extension.
    Title: Employers' Qualified Educational Assistance Programs.
    Description: Respondents include employers who maintain education 
assistance programs for their employees. Information verifies that 
programs are qualified and that employees may exclude educational 
assistance from their gross incomes.
    Respondents: Business or other for-profit, Individuals or 
households.
    Estimated Number of Respondents/Recordkeepers: 5,200.
    Estimated Burden Hours Per Respondent/Recordkeeper: 7 minutes.
    Frequency of Response: Annually.
    Estimated Total Reporting/Recordkeeping Burden: 615 hours.

    OMB Number: 1545-1568.
    Announcement Number: Announcement 97-122.
    Type of Review: Extension.
    Title: Interim Guidance for Roth IRAs.
    Description: This announcement provides interim guidance concerning 
the establishment of Roth IRAs (described in section 408A of the 
Internal Revenue Code as added by section 302 of the Taxpayer Relief 
Act of 1997). The guidance is directed mainly at banks, etc., that will 
market prototype Roth IRAs to the public.

[[Page 9898]]

    Respondents: Business or other for-profit, Not-for-profit 
institutions.
    Estimated Number of Respondents: 4,000.
    Estimated Burden Hours Per Respondent: 2 hours.
    Frequency of Response: On occasion.
    Estimated Total Reporting Burden: 8,000 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. 98-4883 Filed 2-25-98; 8:45 am]
BILLING CODE 4830-01-U