28926 Federal Register / Vol. 61, No. 110 / Thursday, June 6, 1996 / Notices

8804 8805 8813

Recordkeeping ..................................................................................................................................... 59 min ......... 59 min ......... 26 min.

Learning about the law or the form ..................................................................................................... 57 min ......... 54 min ......... 49 min.

Preparing the form ............................................................................................................................... 31 min ......... 17 min ......... 16 min.

Copying, assembling, and sending the form to the IRS ..................................................................... 20 min ......... 17 min ......... 10 min.

Frequency of Response: On occasion.

Estimated Total Reporting/

Recordkeeping Burden: 121,200 hours.

OMB Number: 1545–1173.

Form Number: IRS Form 8815.

Type of Review: Extension.

Title: Exclusion of Interest from Series

EE U.S. Savings Bonds Issued After

1989.

Description: If an individual redeems

series EE U.S. Savings Bonds issued

after 1989 and pays qualified higher

education expenses during the year, the

interest on the bonds may be excludable

from income Form 8815 is used by the

individual to figure the amount of

savings bond interest that is excludable.

Respondents: Individuals or

households.

Estimated Number of Respondents/

Recordkeepers: 25,000.

Estimated Burden Hours Per

Respondent/Recordkeeper:

(Min.)

Recordkeeping .................................. 53.

Learning about the law or the form 13

Preparing the form ............................ 35

Copying, assembling and sending

the form to the IRS ....................... 34

Frequency of Response: Annually.

Estimated Total Reporting/

Recordkeeping Burden: 50,920 hours.

Clearance Officer: Garrick Shear,

(202) 622–3869, Internal Revenue

Service, Room 5571, 1111 Constitution

Avenue, N.W., Washington, DC 20224.

OMB Reviewer: Milo Sunderhauf,

(202) 395–7340, Office of Management

and Budget, Room 10226, New

Executive Office Building, Washington,

DC 20503.

Lois K. Holland,

Departmental Reports Management Officer.

[FR Doc. 96–14273 Filed 6–5–96; 8:45 am]

BILLING CODE 4830–01–P

Submission to OMB for Review;

Comment Request

May 30, 1996.

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.

Internal Revenue Service (IRS)

OMB Number: 1545–0068.

Form Number: IRS Form 2441.

Type of Review: Extension.

Title: Child and Dependent Care

Expenses.

Description: Internal Revenue Code

(IRC) section 21 allows a credit to be

claimed on Form 1040 (reduced by

employer-provided day care excluded

under section 129). Day care provider

must be reported to the IRS for both the

credit and exclusion. Form 2441 is used

to verify that the credit and exclusion

are properly figured, and that provider

information is reported.

Respondents: Individuals or

households.

Estimated Number of Respondents/

Recordkeepers: 4,421,940.

Estimated Burden Hours Per

Respondent/Recordkeeper:

Recordkeeping—40 min.

Learning about the law or the

form—25 min.

Preparing the form—58 min.

Copying, assembling, and sending

the form to the IRS—28 min.

Frequency of Response: Annually.

Estimated Total Reporting/

Recordkeeping Burden: 11,010,631

hours.

OMB Number: 1545–1482.

Form Number: IRS Form 1078.

Type of Review: Revision.

Title: Certificate of Alien Claiming

Residence in the United States.

Description: Form 1078 is used by an

alien to claim residence in the United

States for income tax purposes.

Respondents: Individuals or

households, Business or other for-profit.

Estimated Number of Respondents/

Recordkeepers: 10,000.

Estimated Burden Hours Per

Respondent/Recordkeeper:

Recordkeeping—20 min.

Learning about the law or the

form—7 min.

Preparing the form—8 min.

Copying, assembling and sending

the form to the IRS—14 min.

Frequency of Response: Annually.

Estimated Total Reporting/

Recordkeeping Burden: 50,920 hours.

Clearance Officer: Garrick Shear,

(202) 622–3869, Internal Revenue

Service, Room 5571, 1111 Constitution

Avenue, N.W., Washington, DC 20224.

OMB Reviewer: Milo Sunderhauf,

(202) 395–7340, Office of Management

and Budget, Room 10226, New

Executive Office Building, Washington,

DC 20503.

Lois K. Holland,

Departmental Reports Management Officer.

[FR Doc. 96–14274 Filed 6–5–96; 8:45 am]

BILLING CODE 4830–01–P

Submission to OMB for Review;

Comment Request

May 31, 1996.

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.

Internal Revenue Service (IRS)

OMB Number: 1545–1395.

Form Number: IRS Form 8838.

Type of Review: Extension.

Title: Consent To Extend the Time to

Assess Tax Under Section 367—Gain

Recognition Agreement.

Description: Form 8838 is used to

extend the statute of limitations for U.S.

persons who transfer stock or securities

to a foreign corporation. The form is

filed when the transferor makes a gain

recognition agreement. This agreement

allows the transferor to defer the

payment of tax on the transfer. The IRS

uses Form 8838 so that it may assess tax

against the transferor after the

expiration of the original statute of

limitations.

Respondents: Business or other forprofit, Individuals or households.

Estimated Number of Respondents/

Recordkeepers: 1,000.