[Federal Register Volume 64, Number 92 (Thursday, May 13, 1999)]
[Notices]
[Pages 25955-25956]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-12112]
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DEPARTMENT OF THE TREASURY
Submission for OMB Review; Comment Request
May 7, 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 June 14, 1999,
to be assured of consideration.
Internal Revenue Service (IRS)
OMB Number: 1545-1005.
Regulation Project Number: PS-62-87 Final.
Type of Review: Extension.
Title: Low-Income Housing Credit for Federally-Assisted Buildings.
Description: The rule requires the taxpayer (low-income building
owner) to seek a waiver in writing from the IRS concerning low-income
building acquired during a special 10-year period in order to avert a
claim against a Federal mortgage insurance fund.
Respondents: Business or other for-profit, individuals or
households, not-for-profit institutions, Federal Government, State,
Local or Tribal Government.
Estimated Number of Respondents: 1,000.
Estimated Burden Hours Per Respondent: 3 hours.
Frequency of Response: On occasion.
Estimated Total Reporting Burden: 3,000 hours.
OMB Number: 1545-1385.
Regulation Project Number: GL-238-88 Final.
Type of Review: Extension.
Title: Preparer Penalties--Manual Signature Requirement.
Description: The reporting requirements affect returns preparers of
fiduciary returns. They will be required to submit a list of the names
and identifying numbers of all fiduciary returns which are being filed
with a facsimile signature of the returns preparer.
Respondents: Business or other for-profit.
Estimated Number of Respondents/Recordkeepers: 20,000.
Estimated Burden Hours Per Respondent/Recordkeeper: 1 hour, 17
minutes.
Frequency of Response: Annually.
Estimated Total Reporting/Recordkeeping Burden: 25,825 hours.
OMB Number: 1545-1486.
Regulation Project Number: REG-209793-95 Final.
Type of Review: Extension.
Title: Simplification of Entity Classification Rules.
[[Page 25956]]
Description: These rules allow certain unincorporated business
organizations to elect to be treated as corporations or partnerships
for federal tax purposes. The information collected on the election
will be used to verify the classification of electing organizations.
Respondents: Business or other for-profit, State, Local or Tribal
Government.
Estimated Number of Respondents: 1.
Estimated Burden Hours Per Respondent: 1 hour.
Frequency of Response: Annually.
Estimated Total Reporting Burden: 1 hour.
Clearance Officer: Garrick Shear, Internal Revenue Service, Room
5571, 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. 99-12112 Filed 5-12-99; 8:45 am]
BILLING CODE 4830-01-U
