[Federal Register Volume 62, Number 147 (Thursday, July 31, 1997)]
[Notices]
[Page 41131]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-20115]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Submission to OMB for Review; Comment Request
July 24, 1997.
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, Pub. L. 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.
Internal Revenue Service (IRS)
OMB Number: 1545-0085.
Form Number: IRS Form 1040A, Schedules 1, 2, 3 and EIC.
Type of Review: Revision.
Title: U.S. Individual Income Tax Return.
Description: This form is used by individuals to report their
income subject to income tax and compute their correct tax liability.
The data are used to verify that the income reported on the form is
correct and are also for statistics use.
Respondents: Individuals or households.
Estimated Number of Respondents/Recordkeepers: 26,051,305.
Estimated Burden Hours Per Respondent/Recordkeeper:
--------------------------------------------------------------------------------------------------------------------------------------------------------
Copying,
Learning about the law or the assembling and
Form Recordkeeping form Preparing the form sending the form
to the IRS
--------------------------------------------------------------------------------------------------------------------------------------------------------
Form 1040A....................... 1 hr., 4 min................... 2 hr., 8 min................... 3 hr., 4 min................... 35 min.
Schedule 1....................... 20 min......................... 4 min.......................... 10 min......................... 20 min.
Schedule 2....................... 33 min......................... 10 min......................... 40 min......................... 28 min.
Schedule 3....................... 13 min......................... 14 min......................... 25 min......................... 35 min.
Schedule EIC..................... 0 min.......................... 2 min.......................... 4 min.......................... 20 min.
--------------------------------------------------------------------------------------------------------------------------------------------------------
Frequency of Response: Annually.
Estimated Total Reporting/Recordkeeping Burden: 200,524,903 hours.
OMB Number: 1545-0410.
Form Number: IRS Form 6468.
Type of Review: Revision.
Title: How to Prepare Media Label for Form W-4.
Description: 26 U.S.C. 3402 requires all employers making payment
of wages to deduct (withhold) tax upon such payments. Employers are
further required under Regulation 31.3402(f)(2)-1(g) to submit certain
withholding certificates (W-4) to IRS. Form 6468 is sent to employers
who prefer to file this information on magnetic tape.
Respondents: Business or other for-profit, Not-for-profit
institutions, Farms, Federal Government, State, Local or Tribal
Government.
Estimated Number of Respondents: 400.
Estimated Burden Hours Per Respondent: 5 minutes.
Frequency of Response: Quarterly.
Estimated Total Reporting Burden: 33 hours.
Clearance Officer: Garrick Shear (202) 622-3869, 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 10226, New Executive Office Building,
Washington, DC 20503.
Lois K. Holland,
Departmental Reports Management Officer.
[FR Doc. 97-20115 Filed 7-30-97; 8:45 am]
BILLING CODE 4830-01-P