[Federal Register Volume 59, Number 54 (Monday, March 21, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-6477]


[[Page Unknown]]

[Federal Register: March 21, 1994]


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DEPARTMENT OF THE TREASURY
 

Public Information Collection Requirements Submitted to OMB for 
Review

March 14, 1994.
    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 1980, Public Law 96-511. 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

    OMB Number: 1545-0143.
    Form Number: IRS Form 2290 and Schedule 1.
    Type of Review: Extension.
    Title: Heavy Vehicle Use Tax Return.
    Description: Form 2290 is used to compute and report the tax 
imposed by section 4481 on the highway use of certain motor vehicles. 
The information is used to determine whether the taxpayer has paid the 
correct amount of tax.
    Respondents: Individuals or households, Farms, Businesses or other 
for-profit, Non-profit institutions, Small businesses or organizations.
    Estimated Number of Respondents/Recordkeepers: 486,000.

           Estimated Burden Hours Per Respondent/Recordkeeper           
Recordkeeping...........................................      35 hr., 23
                                                                    min.
Learning about the law or the form......................         12 min.
Preparing, copying and sending the form to the IRS......         47 min.
                                                                        

    Frequency of Response: Annually.
    Estimated Total Reporting/Recordkeeping Burden: 17,675,820 hours.

    OMB Number: 1545-0202.
    Form Number: IRS Forms 5310 and 6088.
    Type of Review: Revision.
    Title: Application for Determination Upon Termination (5310); 
Distributable Benefits from Employee Pension Benefit Plans (6088).
    Description: Employers who have qualified deferred compensation 
plans can take an income tax deduction for contributions to their 
plans. IRS uses the data on Forms 5310 and 6088 to determine whether a 
plan still qualifies and whether there is any discrimination in 
benefits.
    Respondents: Businesses or other for-profit, Small businesses or 
organizations.
    Estimated Number of Respondents/Recordkeepers: 30,000.

           Estimated Burden Hours Per Respondent/Recordkeeper           
------------------------------------------------------------------------
                                    Form 5310             Form 6088     
------------------------------------------------------------------------
Recordkeeping...............      49 hrs., 16 min.       7 hrs., 10 min.
Learning about the law of                                               
 the form...................       3 hrs., 55 min.               42 min.
Preparing, copying,                                                     
 assembling, and sending the                                            
 form to the IRS............       7 hrs., 17 min.               51 min.
------------------------------------------------------------------------

    Frequency of Response: On occasion.
    Estimated Total Reporting/Recordkeeping Burden: 1,037,850 hours.

    OMB Number: 1545-0233.
    Form Number: IRS Form 7004.
    Type of Review: Revision.
    Title: Application for Automatic Extension of Time to File 
Corporation Income Tax Return.
    Description: Form 7004 is used by corporations and certain 
nonprofit institutions to request an automatic 6-month extension of 
time to file their income tax returns. The information is needed by IRS 
to determine whether Form 7004 was timely filed so as not to impose a 
late filing penalty in error and also to insure that the proper amount 
of tax was computed and deposited.
    Respondents: Farms, Businesses or other for-profit, Non-profit 
institutions, Small businesses or organizations.
    Estimated Number of Respondents/Recordkeepers: 1,097,748.

           Estimated Burden Hours Per Respondent/Recordkeeper:          
Recordkeeping...........................................      5 hrs., 30
                                                                    min.
Learning about the law or the form......................         46 min.
Preparing the form......................................  1 hr., 49 min.
Copying, assembling, and sending the form to the IRS....         16 min.
                                                                        

    Frequency of Response: Annually.
    Estimated Total Reporting/Recordkeeping Burden: 9,177,173 hours.
    Clearance Officer: Garrick Shear (202) 622-3869, Internal Revenue 
Service, room 5571, 1111 Constitution Avenue, NW., Washington, DC 
20224.
    OMB Reviewer:  Milo Sunderhauf (202) 395-6880, Office of Management 
and Budget, room 3001, New Executive Office Building, Washington, DC 
20503.

Lois K. Holland,
Departmental Reports Management Officer.
[FR Doc. 94-6477 Filed 3-18-94; 8:45 am]
BILLING CODE 4830-01-M