[Federal Register Volume 64, Number 118 (Monday, June 21, 1999)]
[Notices]
[Pages 33136-33137]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-15596]
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DEPARTMENT OF THE TREASURY
Submission for OMB Review; Comment Request
June 10, 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.
[[Page 33137]]
DATES: Written comments should be received on or before July 21, 1999
to be assured of consideration.
Internal Revenue Service (IRS)
OMB Number: 1545-0068.
Form Number: IRS Form 2441.
Type of Review: Extension.
Title: Child and Dependent Care Expenses.
Description: Internal Revenue Code (IRC) section 21 allows a credit
for certain child and dependent care expenses to be claimed on Form
1040 (reduced by employer-provided day care benefits excluded under
section 129). Day care provider information must be reported to the IRS
for both the credit and exclusion. Form 2441 is used to verify that the
credit and exclusion are properly figured, and that provider
information is reported.
Respondents: Individuals or households.
Estimated Number of Respondents/Recordkeepers: 6,519,859.
Estimated Burden Hours Per Respondent/Recordkeeper:
Recordkeeping--40 min.
Learning about the law or the form--25 min.
Preparing the form--46 min.
Copying, assembling, and sending the form to the IRS--28 min.
Frequency of Response: Annually.
Estimated Total Reporting/Recordkeeping Burden: 15,060,874 hours.
OMB Number: 1545-0351.
Form Number: IRS Form 3975.
Type of Review: Extension.
Title: Tax Professionals Annual Mailing List Application and Order
Blank.
Description: Form 3975 allows a tax professional a systematic way
to remain on the Tax Professionals Mailing File and to order copies of
tax materials.
Respondents: Business or other for-profit.
Estimated Number of Respondents: 320,000.
Estimated Burden Hours Per Respondent: 3 minutes.
Frequency of Response: Annually.
Estimated Total Reporting Burden: 16,000 hours.
OMB Number: 1545-1073.
Form Number: IRS Form 8801.
Type of Review: Extension.
Title: Credit For Prior Year Minimum Tax--Individuals, Estates and
Trusts.
Description: Form 8801 is used by individuals, estates, and rusts
to compute the minimum tax credit, if any, available from a tax year
beginning after 1986 to be used in the current year or to be carried
forward for use in a future year.
Respondents: Business or other for-profit.
Estimated Number of Respondents/Recordkeepers: 38,744.
Estimated Burden Hours Per Respondent/Recordkeeper:
Recordkeeping--2 hrs., 4 min.
Learning about the law and the form--1 hr., 51 min.
Preparing the form--1 hr., 40 min.
Copying, assembling, and sending the form to the IRS--17 min.
Frequency of Response: Annually.
Estimated Total Reporting/Recordkeeping Burden: 227,427 hours.
OMB Number: 1545-1490.
Regulation Project Number: FI-28-96 Final.
Type of Review: Extension.
Title: Arbitrage Restrictions on Tax-Exempt Bonds.
Description: The recordkeeping requirements are necessary for the
Service to determine that an issuer of tax-exempt bonds has not paid
more than fair market value for non-purpose investments under section
148 of the Internal Revenue Code.
Respondents: Not-for-profit institutions, State, Local or Tribal
Government.
Estimated Number of Recordkeepers: 1,400.
Estimated Burden Hours Per Recordkeeper: 1 hour.
Estimated Total Recordkeeping Burden: 1,425 hours.
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. 99-15596 Filed 6-18-99; 8:45 am]
BILLING CODE 4830-01-P
