[Federal Register Volume 59, Number 153 (Wednesday, August 10, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-19500]


[[Page Unknown]]

[Federal Register: August 10, 1994]


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DEPARTMENT OF THE TREASURY
 

Public Information Collection Requirements Submitted to OMB for 
Review

August 3, 1994.
    The Department of the 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 (IRS)

OMB Number: 1545-0155
Form Number: IRS Form 3468
Type of Review: Extension
Title: Investment Credit
Description: Taxpayers are allowed a credit against their income tax 
for certain expenses they incur for their trades or businesses. Form 
3468 is used to compute this investment tax credit. The information 
collected is used by the IRS to verify that the credit has been 
correctly computed.
Respondents: Individuals or households, Farms, Businesses or other for-
profit, Non-profit institutions, Small businesses or organizations
Estimated Number of Respondents/Recordkeepers: 360,000
Estimated Burden Hours Per Respondent/Recordkeeper:
    Recordkeeping--12 hrs., 40 min.
    Learning about the law or the form--3 hrs., 28 min.
    Preparing and sending the form to the IRS--3 hrs., 50 min.
Frequency of Response: Annually
Estimated Total Reporting/Recordkeeping Burden: 7,192,800 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) 395-7340, Office of Management and 
Budget, room 10226, New Executive Office Building, Washington, DC 20503
Dale A. Morgan,
Departmental Reports Management Officer.
[FR Doc. 94-19500 Filed 8-9-94; 8:45 am]
BILLING CODE 4830-01-P