[Federal Register Volume 59, Number 228 (Tuesday, November 29, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-29351]


[[Page Unknown]]

[Federal Register: November 29, 1994]


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DEPARTMENT OF THE TREASURY
 

Public Information Collection Requirements Submitted to OMB for 
Review

November 21, 1994.
    The Department of Treasury has made revisions and resubmitted 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: 1545-0028
Form Number: IRS Form 940 and 940-PR
Type of Review: Resubmission
Title: Employer's Annual Federal Unemployment (FUTA) Tax Return (940) 
Planilla Para La Declaracion Anual Del Patrono- La Contribucion Para El 
Desempleo (FUTA) (940-PR)
Description: Internal Revenue Code (IRC) section 3301 imposes a tax on 
employers based on the first $7,000 of taxable annual wages paid to 
each employee. IRS uses the information reported on Forms 940 and 940-
PR (Puerto Rico) to ensure that employers have reported and figured the 
correct FUTA wages and tax.
Respondents: Individuals or households, Farms, Businesses or other for-
profit, Small businesses or organizations
Estimated Number of Respondents/Recordkeepers: 1,332,000
Estimated Burden Hours Per Respondent/Recordkeeper:

------------------------------------------------------------------------
                                          Form 940         Form 940-PR  
------------------------------------------------------------------------
Recordkeeping.......................  11 hr., 43 min..  12 hr., 12 min. 
Learning about the Law or the form..  18 min..........  12 min.         
Preparing and sending the form to     30 min..........  24 min.         
 the IRS.                                                               
------------------------------------------------------------------------

Frequency of Response: Annually
Estimated Total Reporting/Recordkeeping Burden: 17,209,622 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. 94-29351 Filed 11-28-94; 8:45 am]
BILLING CODE 4830-01-P