Federal Register / Vol. 65, No. 102 / Thursday, May 25, 2000 / Notices 33885

Estimated Total Reporting Burden:

1,841,607 hours.

OMB Number: 1545–1091.

Form Number: IRS Form 8810.

Type of Review: Extension.

Title: Corporate Passive Activity Loss

or Credit Limitations.

Description: Under section 469, losses

and credits from passive activities, to

the extent they exceed passive income

(or, in the case of credits, the tax

attributable to net passive income), are

not allowed. Form 8810 is used by

personal service corporations and

closely held corporations to figure the

passive activity loss and credits allowed

and the amount of loss and credit to be

reported on their tax return.

Respondents: Business or other forprofit.

Estimated Number of Respondents/

Recordkeepers: 100,000.

Estimated Burden Hours Per

Respondent/Recordkeeper:

Recordkeeping ............................. 26 hr., 19

min.

Learning about the law or the

form.

5 hr., 7

min.

Preparing and sending the form

to the IRS.

5 hr., 43

min.

Frequency of Response: Annually.

Estimated Total Reporting/

Recordkeeping Burden: 3,708,000 hours.

OMB Number: 1545–1683.

Form Number: IRS Form 56-A

(formerly Forms 12575 and 12575-A).

Type of Review: Revision.

Title: Notice Concerning Fiduciary

Relationship—Illinois Type Land Trust.

Description: The data collected on the

form provides trustees of Illinois Land

Trusts a convenient method of reporting

information related to creating,

changing, and closing such trusts.

Respondents: Business or other forprofit.

Estimated Number of Respondents/

Recordkeepers: 10,000.

Estimated Burden Hours Per

Respondent/Recordkeeper:

Recordkeeping ............................. 40 min.

Learning about the law or the

form.

10 min.

Preparing the form ....................... 21 min.

Copying, assembling, and sending the form to the IRS.20 min.

Frequency of Response: On occasion.

Estimated Total Reporting/

Recordkeeping Burden: 15,100 hours.

Clearance Officer: Garrick Shear,

Internal Revenue Service, Room 5244,

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. 00–13118 Filed 5–24–00; 8:45 am]

BILLING CODE 4830–01–P

DEPARTMENT OF THE TREASURY

Submission for OMB review; Comment

Request

May 16, 2000.

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 June 26, 2000 to

be assured of consideration.

Internal Revenue Service (IRS)

OMB Number: 1545–0120.

Form Number: IRS Form 1099–G.

Type of Review: Extension.

Title: Certain Government and

Qualified State Tuition Program

Payments.

Description: Form 1099–G is used by

governments (primarily state and local)

to report to the IRS (and notify

recipients of) certain payments (e.g.,

unemployment compensation and

income tax refunds). IRS uses the

information to insure that the income is

being properly reported by the

recipients on their returns.

Respondents: Federal Government,

State, Local or Tribal Government

Estimated Number of Respondents:

2,900.

Estimated Burden Hours Per

Respondent: 12 minutes.

Frequency of Response: Annually.

Estimated Total Reporting Burden:

11,149,325 hours.

OMB Number: 1545–0190.

Form Number: IRS Form 4876–A.

Type of Review: Extension.

Title: Election To Be Treated as an

Interest Charge DISC.

Description: A domestic corporations

and its shareholders must elect to be an

interest charge domestic international

sales corporation (IC–DISC). Form

4876–A I used to make the election. IRS

uses the information to determine if the

corporation qualifies to be an IC–DISC.

Respondents: Business or other forprofit.

Estimated Number of Respondents/

Recordkeepers: 1,000.

33886 Federal Register / Vol. 65, No. 102 / Thursday, May 25, 2000 / Notices

Estimated Burden Hours Per

Respondent/Recordkeeper:

Recordkeeping—4 hr., 4 min.

Learning about the law or the form—

1 hr., 47 min.

Preparing and sending the form to the

IRS—1 hr., 54 min.

Frequency of Response: Other (OneTime Election).

Estimated Total Reporting/

Recordkeeping Burden: 5,760 hours.

Clearance Officer: Garrick Shear,

Internal Revenue Service, Room 5244,

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. 00–13119 Filed 5–24–00; 8:45 am]

BILLING CODE 4830–01–P

DEPARTMENT OF THE TREASURY

Submission for OMB Review;

Comment Request

May 16, 2000.

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 June 26, 2000 to

be assured of consideration.

Internal Revenue Service (IRS)

OMB Number: 1545–0205.

Form Number: IRS Form 5452.

Type of Review: Extension.

Title: Corporate Report of

Nondividend Distribution.

Description: Form 5452 is used by

corporations to report their nontaxable

distributions as required Internal

Revenue Code (IRC) 6042(d)(2). The

information is used IRS to verify that

the distributions are nontaxable as

claimed.

Respondents: Business of other forprofit, Farms.

Estimated Number of Respondents/

Recordkeepers: 1,700.

Estimated Burden Hours Per

Respondent/Recordkeeper: 

Recordkeeping: 28 hr., 13 min.

Learning about the law or the form: 58

min.

Preparing the form: 2 hr., 24 min.

Copying, assembling, and sending the

form to the IRS: 16 min.

Frequency of Response: On occasion.

Estimated Total Reporting/

Recordkeeping Burden: 54,145 hours.

OMB Number: 1545–0902.

Form Number: IRS Forms 8288 and

8288–A.

Type of Review: Extension.

Title: U.S. Withholding Tax Return for

Dispositions by Foreign Persons of U.S.

Real Property Interests (Form 8288); and

Statement of Withholding on

Dispositions by Foreign Persons of U.S.

Real Property Interests (Form 8288–A).

Description: Form 8288 is used by the

withholding agent to report and

transmit the withholding to IRS. Form

8288–A is used to validate the

withholding and to return a copy to the

transferor for his/her use in filing a tax

return.

Respondents: Business or other forprofit, Individuals or households

Estimated Number of Respondents/

Recordkeepers: 4,918.

Estimated Burden Hours Per

Respondent/Recordkeeper:

Form 8288 Form 8288–A

Recordkeeping ................................................................................................................................. 5 hr., 16 min. 2 hr., 52 min.

Learning about the law or the form ................................................................................................. 5 hr., 8 min. 30 min.

Preparing and sending the form to the IRS .................................................................................... 6 hr., 39 min. 34 min.

Frequency of Response: On occasion.

Estimated Total Reporting/

Recordkeeping Burden: 124,607 hours.

OMB Number: 1545–1257.

Form Number: IRS Form 8827.

Type of Review: Extension.

Title: Credit for Prior Year Minimum

Tax—Corporation.

Description: Section 53(d), as revised,

allows corporations a minimum tax

credit based on the full amount of

alternative minimum tax incurred in tax

years beginning after 1989, or a

carryforward for use in a future year.

Respondents: Business or other forprofit, Farms.

Estimated Number of Respondents:

25,000.

Estimated Burden Hours Per

Respondent: 1 hour.

Frequency of Response: Annually.

Estimated Total Reporting/

Recordkeeping Burden: 25,000 hours.

Clearance Officer: Garrick Shear,

Internal Revenue Service, Room 5244,

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. 00–13120 Filed 5–24–00; 8:45 am]

BILLING CODE 4830–01–P

DEPARTMENT OF THE TREASURY

Submission for OMB Review;

Comment Request

May 18, 2000.

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 June 26, 2000 to

be assured of consideration.

Internal Revenue Service (IRS)

OMB Number: 1545–0195.

Form Number: IRS Form 5213.

Type of Review: Extension.

Title: Election To Postpone

Determination as To Whether the

Presumption Applies That an Activity Is

Engaged in for Profit.