[Federal Register Volume 59, Number 156 (Monday, August 15, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-19896]


[[Page Unknown]]

[Federal Register: August 15, 1994]


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DEPARTMENT OF THE TREASURY

 

Public Information Collection Requirements Submitted to OMB for 
Review

August 8, 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 (IRS)

OMB Number: 1545-0140
Form Number: IRS Forms 2210 and 2210F
Type of Review: Revision
Title: Underpayment of Estimated Tax by Individuals, Estates, and 
Trusts (Short Method and Regular Method (2210)) Underpayment of 
Estimated Tax by Farmers and Fishermen (2210F)
Description: Internal Revenue Code section 6654 imposes a penalty for 
failure to pay estimated tax. This form is used by taxpayers to 
determine whether they are subject to the penalty and to compute the 
penalty if it applies. The Service uses this information to determine 
whether the taxpayer is subject to the penalty, and to verify the 
penalty amount.
Respondents: Individuals or households, Farms, Busineses or other for-
profit
Estimated Number of Respondents/Recordkeepers: 900,000
Estimated Burden Hours Per Respondent/Recordkeeper: 

----------------------------------------------------------------------------------------------------------------
                                                        Short method form    Regular method form                
                                                              2210                   2210            Form 2210F 
----------------------------------------------------------------------------------------------------------------
Recordkeeping.......................................  7 min...............  13 min...............  33 min.      
Learning about the law or the form..................  5 min...............   39 min..............  7 min.       
Preparing the form..................................  29 min..............  2 hr., 15 min........  20 min.      
Copying, assembling, and sending the form to the IRS  20 min..............  46 min...............  20 min.      
----------------------------------------------------------------------------------------------------------------

Frequency of Response: Annually
Estimated Total Reporting/Recordkeeping Burden: 2,507,000 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.
Dale A. Morgan,
Departmental Reports Management Officer.
[FR Doc. 94-19896 Filed 08-12-94; 8:45 am]
BILLING CODE 4830-01-P