97-25454. Submission to OMB for Review; Comment Request  

  • [Federal Register Volume 62, Number 186 (Thursday, September 25, 1997)]
    [Notices]
    [Pages 50432-50433]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 97-25454]
    
    
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    DEPARTMENT OF THE TREASURY
    
    
    Submission to OMB for Review; Comment Request
    
    September 18, 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: 1545-0028.
        Form Number: IRS Forms 940 and 940-PR.
        Type of Review: Extension.
    
    [[Page 50433]]
    
        Title: Employer's Annual Federal Unemployment (FUTA) Tax Return 
    (Form 940) Planilla Para La Declaracion Anual Del Patrono--La 
    Contribucion Federal Para El Desempleo (FUTA) (Form 940-PR).
        Description: Internal Revenue Code (IRC) section 3301 imposes a tax 
    on employers based on the first $700 of taxable annual wages paid to 
    each employee. IRS uses the information reported on Forms 940 and 940-
    PR (Puerto Rico) to ensure that employers have reported and figured the 
    correct FUTA wages and tax.
        Respondents: Bureau or other for-profit, Individuals or households, 
    Farms.
        Estimated Number of Respondents/Recordkeepers: 1,367,000.
        Estimated Burden Hours Per Respondent/Recordkeeper:
    
    ----------------------------------------------------------------------------------------------------------------
                                                                                                     Preparing and  
                                                                                  Learning about    sending the form
                        Form                             Recordkeeping            the law or the       to the IRS   
                                                                                       form            (minutes)    
    ----------------------------------------------------------------------------------------------------------------
    940........................................  11 hours, 29 minutes.........                 24                 36
    940-PR.....................................  12 hours, 12 minutes.........                 18                 31
    ----------------------------------------------------------------------------------------------------------------
    
        Frequency of Response: On occasion.
        Estimated Total Reporting/Recordkeeping Burden: 5,040 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. 97-25454 Filed 9-24-97; 8:45 am]
    BILLING CODE 4830-01-P
    
    
    

Document Information

Published:
09/25/1997
Department:
Treasury Department
Entry Type:
Notice
Document Number:
97-25454
Pages:
50432-50433 (2 pages)
PDF File:
97-25454.pdf