[Federal Register Volume 62, Number 115 (Monday, June 16, 1997)]
[Notices]
[Page 32680]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-15631]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 1040 and Schedules
A, B, C, C-EZ, D, E, EIC, F, H, R and SE
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 1040 and Schedules A, B, C, C-EZ, D, E, EIC, F, H, R, and SE, U.S.
Individual Income Tax Return.
DATES: Written comments should be received on or before August 15, 1997
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 Martha R.
Brinson, (202) 622-3869, Internal Revenue Service, room 5571, 1111
Constitution Avenue NW., Washington, DC 20224.
SUPPLEMENTARY INFORMATION:
Title: U.S. Individual Income Tax Return
OMB Number: 1545-0074
Form Number: 1040 and Schedules A, B, C, C-EZ, D, E, EIC, F, H, R,
and SE
Abstract: These forms are used by individuals to report their
income tax liability. The data is used to verify that the items
reported on the forms are correct, and also for general statistical
use.
Current Actions:
Changes to Form 1040
(1) Lines 23 a and b were combined to reduce taxpayer burden. The
new spousal IRA rules permit the maximum contribution for each spouse,
so it is no longer necessary to know how much was contributed to each.
As a result, line 23b was deleted. Also, the IRA worksheets in the
instructions were substantially shortened and simplified.
(2) New line 24 was added for the medical savings account
deduction. This line was added to implement Internal Revenue Code
section 220(a).
(3) The text on line 28 was revised to reflect that the deduction
for a SIMPLE plan maintained by a self-employed person will be entered
on this line. Therefore, the checkbox for line 28 (old line 27) was
deleted because it is no longer needed.
(4) New line 42 was added for taxpayers to take the adoption
credit.
Type of Review: Revision of a currently approved collection.
Affected Public: Individuals or households
Estimated Number of Respondents: 59,384,249
Estimated Time Per Respondent: Varies
Estimated Total Annual Burden Hours: 1,107,975,034
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 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: June 9, 1997.
Garrick R. Shear,
IRS Reports Clearance Officer.
[FR Doc. 97-15631 Filed 6-13-97; 8:45 am]
BILLING CODE 4830-01-U
