[Federal Register Volume 61, Number 71 (Thursday, April 11, 1996)]
[Notices]
[Page 16163]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-8855]



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DEPARTMENT OF THE TREASURY

Submission to OMB for Review; Comment Request

April 2, 1996.
    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: 1545-0152.
    Form Number: IRS Form 3115.
    Type of Review: Extension.
    Title: Application for Change in Accounting Method.
    Description: Form 3115 is used by taxpayers who wish to change 
their method of computing their taxable income. The form is used by the 
IRS to determine if electing taxpayers have met the requirements and 
are able to change to the method requested.
    Respondents: Business or other for-profit, Individuals or 
households, Not-for profit institutions, Farms.
    Estimated Number of Respondents/Recordkeepers: 6,400.
    Estimated Burden Hours Per Respondent/Recordkeeper:

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                                                                                                                              Preparing and sending the 
                Form                                Recordkeeping                    Learning about the law or the form            form to the IRS      
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3115................................  18 hr., 11 min...........................  4 hr., 26 min............................  6 hr., 8 min.               
Sch. A..............................  4 hr., 4 min.............................  1 hr., 23 min............................  1 hr., 31 min.              
Sch. B..............................  2 hr., 40 min............................  35 min...................................  1 hr., 10 min.              
Sch. C..............................  27 hr., 44 min...........................  2 hr., 3 min.............................  3 hr., 48 min.              
Sch. D..............................  5 hr., 1 min.............................  1 hr., 59 min............................  2 hr., 9 min.               
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    Frequency of Response: Other (when needed.
    Estimated Total Reporting/Recordkeeping Burden: 270,490 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. 96-8855 Filed 4-10-96; 8:45 am]
BILLING CODE 4830-01-P