Federal Register / Vol. 63, No. 141 /Thursday, July 23, 1998 / Notices 39645

DEPARTMENT OF THE TREASURY

Internal Revenue Service

Proposed Collection; Comment

Request for Form 8835

AGENCY: Internal Revenue Service (IRS),

Treasury.

ACTION: Notice and request for

comments.

SUMMARY: The Department of the

Treasury, as part of its continuing effort

to reduce paperwork and respondent

burden, invites the general public and

other Federal agencies to take this

opportunity to comment on proposed

and/or continuing information

collections, as required by the

Paperwork Reduction Act of 1995,

Public Law 104–13 (44 U.S.C.

3506(c)(2)(A)). Currently, the IRS is

soliciting comments concerning Form

8835, Renewable Electricity Production

Credit.

DATES: Written comments should be

received on or before September 21,

1998, to be assured of consideration.

ADDRESSES: Direct all written comments

to Garrick R. Shear, Internal Revenue

Service, room 5571, 1111 Constitution

Avenue NW., Washington, DC 20224.

FOR FURTHER INFORMATION CONTACT:

Requests for additional information or

copies of the form and instructions

should be directed to Martha R. Brinson,

(202) 622–3869, Internal Revenue

Service, room 5571, 1111 Constitution

Avenue NW., Washington, DC 20224.

SUPPLEMENTARY INFORMATION:

Title: Renewable Electricity

Production Credit.

OMB Number: 1545–1362.

Form Number: 8835.

Abstract: Form 8835 is used to claim

the renewable electricity production

credit. The credit is allowed for the sale

of electricity produced in the United

States or U.S. possessions from qualified

energy resources. The IRS uses the

information reported on the form to

ensure that the credit is correctly

computed.

Current Actions: Form 8835.

Line 16c was added for the child tax

credit and line 16d was added for the

education credits. These new credits

were added to the Internal Revenue

Code by the Taxpayer Relief Act of

1997.

Type of Review: Revision of a

currently approved collection.

Affected Public: Business or other forprofit organizations and individuals.

Estimated Number of Respondents:

70.

Estimated Time Per Respondent: 11

hr., 6 min.

Estimated Total Annual Burden

Hours: 777.

The following paragraph applies to all

of the collections of information covered

by this notice:

An agency may not conduct or

sponsor, and a person is not required to

respond to, a collection of information

unless the collection of information

displays a valid OMB control number.

Books or records relating to a collection

of information must be retained as long

as their contents may become material

in the administration of any internal

revenue law. Generally, tax returns and

tax return information are confidential,

as required by 26 U.S.C. 6103.

Request for Comments

Comments submitted in response to

this notice will be summarized and/or

included in the request for OMB

approval. All comments will become a

matter of public record. Comments are

invited on: (a) Whether the collection of

information is necessary for the proper

performance of the functions of the

agency, including whether the

information shall have practical utility;

(b) the accuracy of the agency’s estimate

of the burden of the collection of

information; (c) ways to enhance the

quality, utility, and clarity of the

information to be collected; (d) ways to

minimize the burden of the collection of

information on respondents, including

through the use of automated collection

techniques or other forms of information

technology; and (e) estimates of capital

or start-up costs and costs of operation,

maintenance, and purchase of services

to provide information.

Approved: July 15, 1998.

Garrick R. Shear,

IRS Reports Clearance Officer.

[FR Doc. 98–19696 Filed 7–22–98; 8:45 am]

BILLING CODE 4830–01–U

DEPARTMENT OF THE TREASURY

Internal Revenue Service

Proposed Collection; Comment

Request for Form 1040NR–EZ

AGENCY: Internal Revenue Service (IRS),

Treasury.

ACTION: Notice and request for

comments.

SUMMARY: The Department of the

Treasury, as part of its continuing effort

to reduce paperwork and respondent

burden, invites the general public and

other Federal agencies to take this

opportunity to comment on proposed

and/or continuing information

collections, as required by the

Paperwork Reduction Act of 1995,

Public Law 104–13 (44 U.S.C.

3506(c)(2)(A)). Currently, the IRS is

soliciting comments concerning Form

1040NR–EZ, U.S. Income Tax Return for

Certain Nonresident Aliens With No

Dependents.

DATES: Written comments should be

received on or before September 21,

1998, to be assured of consideration.

ADDRESSES: Direct all written comments

to Garrick R. Shear, Internal Revenue

Service, room 5571, 1111 Constitution

Avenue NW., Washington, DC 20224.

FOR FURTHER INFORMATION CONTACT:

Requests for additional information or

copies of the form and instructions

should be directed to Martha R. Brinson,

(202) 622–3869, Internal Revenue

Service, room 5571, 1111 Constitution

Avenue NW., Washington, DC 20224.

SUPPLEMENTARY INFORMATION:

Title: U.S. Income Tax Return for

Certain Nonresident Aliens With No

Dependents.

OMB Number: 1545–1468.

Form Number: 1040NR–EZ.

Abstract: This form is used by certain

nonresident aliens with simple tax

situations and with no dependents to

report their income subject to tax and

compute the correct tax liability. The

information on the return is used to

determine whether income, deductions,

credits, payments, etc. are correctly

figured.

Current Actions: Form 1040NR–EZ.

Line 8 was added to reflect the new

student loan interest deduction. This

deduction was created by Internal

Revenue Code section 221, which was

added by section 202(a) of the Taxpayer

Relief Act of 1997. The deduction will

be computed on a new worksheet in the

instructions.

Type of Review: Revision of a

currently approved collection.

Affected Public: Individuals or

households.

Estimated Number of Respondents:

100,000.

Estimated Time Per Respondent: 4 hr.,

27 min.

Estimated Total Annual Burden

Hours: 445,000.

The following paragraph applies to all

of the collections of information covered

by this notice:

An agency may not conduct or

sponsor, and a person is not required to

respond to, a collection of information

unless the collection of information

displays a valid OMB control number.

Books or records relating to a collection

of information must be retained as long

as their contents may become material

in the administration of any internal

revenue law. Generally, tax returns and