98-18479. Submission to OMB for Review; Comment Request

[Federal Register Volume 63, Number 133 (Monday, July 13, 1998)]
[Notices]
[Pages 37623-37624]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-18479]


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DEPARTMENT OF THE TREASURY


Submission to OMB for Review; Comment Request

July 1, 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 August 12, 1998 
to be assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-0301.
    Form Number: IRS Letter 1117(c).
    Type of Review: Extension.
    Title: Confirmation Letter.
    Description: It is necessary to directly communicate with taxpayers 
and/or other knowledgeable parties to obtain verification of 
information such as the correct amount of tax due, returns filed, etc. 
Response information is used to determine the accuracy of tax and 
ledger accounts, etc.
    Respondents: Individuals or households, Business or other for-
profit, Not-for-profit institutions, Farms, Federal Government, State, 
Local or Tribal Government.
    Estimated Number of Respondents: 4,200.
    Estimated Burden Hours Per Respondent: 15 minutes.
    Frequency of Response: On occasion.
    Estimated Total Reporting Burden: 1,050 hours.

    OMB Number: 1545-0597.
    Form Number: IRS Form 4598.
    Type of Review: Extension.
    Title: Form W-2, or 1099 Not Received or Incorrect.
    Description: Employers and/or payers are required to furnish Forms 
W-2 or 1099 to employees and other payees. This three-part form is 
necessary for the resolution of taxpayer complaints concerning the non-
receipt of or incorrect Forms W-2 or 1099.
    Respondents: Individuals or households, Business or other for-
profit, Farms, Federal Government, State, Local or Tribal Government.
    Estimated Number of Respondents: 850,000.
    Estimated Burden Hours Per Respondent: 15 minutes.

[[Page 37624]]

    Frequency of Response: On occasion.
    Estimated Total Reporting Burden: 212,500 hours.

    OMB Number: 1545-00806.
    Regulation Project Number: EE-12-78 Final.
    Type of Review: Extension.
    Title: Nonbank Trustees.
    Description: Internal Revenue Code (IRC) section 408(a)(2) permits 
an institution other than a bank to be the trustee of an Individual 
Retirement Account (IRA). To do so, an application needs to be filed 
and various qualifications need to be met. IRS uses the information to 
determine whether an institution qualifies to be a non-bank trustee.
    Respondents: Business or other for-profit.
    Estimated Number of Respondents/Recordkeepers: 23.
    Estimated Burden Hours Per Respondent/Recordkeeper: 34 minutes.
    Frequency of Response: On occasion.
    Estimated Total Reporting/Recordkeeping Burden: 13 hours.

    OMB Number: 1545-0.
    Regulation Project Number: LR 2013 (TD 7533) Final and EE-155-78 
(TD 7896) Final.
    Type of Review: Extension.
    Title: DISC Rules on Procedure and Administration; Rules on Export 
Trade Corporations; and Income From Trade Shows (EE-155-78).
    Description: Section 1.6071-1(b) requires that when a taxpayer 
files a late return for a short period, proof of unusual circumstances 
for late filing must be given to the District Director. Sections 
1.6072(b), (c), (d), and (e) of the Internal Revenue Code (IRC) deals 
with the filing dates of certain corporate returns. Regulation section 
1.6072-2 provides additional information concerning these filing dates. 
The information is used to insure timely filing of corporate income tax 
returns.
    Respondents: Business or other for-profit, Individuals or 
households, Not-for-profit institutions, Farms, State, Local or Tribal 
Government.
    Estimated Number of Respondents: 12,417.
    Estimated Burden Hours Per Respondent: 15 minutes.
    Frequency of Response: On occasion.
    Estimated Total Reporting Burden: 3,104 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. 98-18479 Filed 7-10-98; 8:45 am]
BILLING CODE 4810-40-P