Federal Register / Vol. 62, No. 147 / Thursday, July 31, 1997 / Notices 41131

Recordkeeping Learning about the

law or the form Preparing the form

Copying, assembling, and

sending the

form to the IRS

1120–IC–DISC ........................................................... 95 hr., 54 min ............ 19 hr., 56 min ............ 29 hr., 49 min ............ 2 hr., 9 min.

Schedule K ................................................................ 4 hr., 4 min ................ 47 min ....................... 54 min..

Schedule P ................................................................ 12 hr., 55 min ............ 1 hr., 17 min .............. 1 hr., 34 min..

Frequency of Response: Annually.

Estimated Total Reporting/

Recordkeeping Burden: 232,253 hours.

OMB Number: 1545–1441.

Form Number: IRS Form 2106-EZ.

Type of Review: Extension.

Title: Unreimbursed Employee

Business Expenses.

Description: Internal Revenue Code

(IRC) section 62 allows employees to

deduct their business expenses to the

extent of reimbursement in computing

Adjusted Gross Income. Expenses in

excess of reimbursements are allowed as

an itemized deduction. Unreimbursed

meals and entertainment are allowed to

the extent of 50% of the expense. Form

2106-EZ is used to figure these

expenses.

Respondents: Individuals or

households.

Estimated Number of Respondents/

Recordkeepers: 3,337,019.

Estimated Burden Hours Per

Respondent/Recordkeeper:

Recordkeeping—40 min.

Learning about the law or the form—

5 min.

Preparing the form—28 min.

Copying, assembling, and sending the

form to the IRS—20 min.

Frequency of Response: Annually.

Estimated Total Reporting/

Recordkeeping Burden: 5,205,750 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. 97–20114 Filed 7–30–97; 8:45 am]

BILLING CODE 4830–01–P

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:

Form Recordkeeping Learning about the

law or the form Preparing the form

Copying,

assembling and

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 forprofit, 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