[Federal Register Volume 59, Number 63 (Friday, April 1, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-7810]


[[Page Unknown]]

[Federal Register: April 1, 1994]


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DEPARTMENT OF THE TREASURY
 

Public Information Collection Requirements Submitted to OMB for 
Review

March 25, 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: 1545-0066.
    Form Number: IRS Form 2688.
    Type of Review: Extension.
    Title: Application for Additional Extension of Time to File U.S. 
Individual Income Tax Return.
    Description: Internal Revenue Code (IRC) 6081 permits the Secretary 
of the Treasury to grant a reasonable extension of time for filing any 
return, declaration, statement, or other document. This form is used by 
individuals to ask for an additional extension of time to file U.S. 
income tax returns after filing for the automatic extension, but still 
needing more time.
    Respondents: Individuals or households.
    Estimated Number of Respondents: 1,453,000. 

Estimated Burden Hours Per Respondent:                                  
  Learning about the law or the form....................      7 minutes.
  Preparing the form....................................     10 minutes.
  Copying, assembling, and sending the form to the IRS..     20 minutes.
                                                                        


    Frequency of Response: On occasion.
    Estimated Total Reporting Burden: 900,860 hours.

    OMB Number: 1545-0235.
    Form Number: IRS Form 730.
    Type of Review: Extension.
    Title: Tax on Wagering.
    Description: Form 730 is used to identify taxable wagers and 
collect the tax monthly. The information is used to determine if 
persons accepting wagers are correctly reporting the amount of wagers 
and paying the required tax.
    Respondents: Individuals or households, Businesses or other for- 
profit, Small businesses or organizations.
    Estimated Number of Respondents/Recordkeepers: 50,000. 

Estimated Burden Hours Per Respondent/Recordkeeper:                     
  Recordkeeping....................................     3 hrs., 26 mins.
  Learning about the law or the form...............       1 hr., 4 mins.
  Preparing the form...............................      2 hrs., 6 mins.
  Copying, assembling and sending the form to the                       
   IRS.............................................             16 mins.
                                                                        


    Frequency of Response: Monthly.
    Estimated Total Reporting/Recordkeeping Burden: 339,000 hours.

    OMB Number: 1545-0892.
    Form Number: IRS Form 8300.
    Type of Review: Revision.
    Title: Report of Cash Payments Over $10,000 Received in a Trade or 
Business.
    Description: Anyone in a trade or business who, in the course of 
such trade or business, receives more than $10,000 in cash or foreign 
currency in one or more related transactions must report it to the IRS 
and provide a statement to the payor. Any transaction which must be 
reported under Title 31 on Form 4789 is exempted from reporting the 
same transaction on Form 8300.
    Respondents: Farms, Businesses or other for-profit, Federal 
agencies or employees, Small businesses or organizations.
    Estimated Number of Respondents/Recordkeepers: 45,800.
    Estimated Burden Hours Per Respondent/Recordkeeper: 27 minutes.
    Frequency of Response: On occasion.
    Estimated Total Reporting/Recordkeeping Burden: 65,512 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) 395-6880. Office of Management 
and Budget, room 3001, New Executive Office Building, Washington, DC 
20503.
Lois K. Holland,
Departmental Reports Management Officer.
[FR Doc. 94-7810 Filed 3-31-94; 8:45 am]
BILLING CODE 4830-01-P