[Federal Register Volume 61, Number 110 (Thursday, June 6, 1996)]
[Notices]
[Pages 28925-28926]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-14273]



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DEPARTMENT OF THE TREASURY


Submission to OMB for Review; Comment Request

May 30, 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 1995, Public Law 104-13. 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: 1545-1119.
    Form Number: IRS Forms 8804, 8805, and 8813.
    Type of Review: Extension.
    Title: Annual Return for Partnership Withholding Tax (Section 1446) 
(8804); Foreign Partner's Information Statement of Section 1446 
Withholding Tax (8805); and Partnership Withholding Tax Payment 
(Section 1446 (8813).
    Description: Code section 1446 requires partnerships to pay a 
withholding tax if they have effectively connected taxable income tax 
is allocable to foreign partners. Forms 8804, 8805, and 8813 are used 
by withholding agents to provide IRS and affected partners with data to 
assure proper withholding, crediting to partners' accounts and 
compliance.
    Respondents: Business or other for-profit, Individuals or 
households.
    Estimated Number of Respondents/Recordkeepers: 5,000.
    Estimated Burden Hours Per Respondent/Recordkeeper:

[[Page 28926]]



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                                                8804                      8805                     8813         
----------------------------------------------------------------------------------------------------------------
Recordkeeping.......................  59 min..................  59 min.................  26 min.                
Learning about the law or the form..  57 min..................  54 min.................  49 min.                
Preparing the form..................  31 min..................  17 min.................  16 min.                
Copying, assembling, and sending the  20 min..................  17 min.................  10 min.                
 form to the IRS.                                                                                               
----------------------------------------------------------------------------------------------------------------

    Frequency of Response: On occasion.
    Estimated Total Reporting/Recordkeeping Burden: 121,200 hours.

    OMB Number: 1545-1173.
    Form Number: IRS Form 8815.
    Type of Review: Extension.
    Title: Exclusion of Interest from Series EE U.S. Savings Bonds 
Issued After 1989.
    Description: If an individual redeems series EE U.S. Savings Bonds 
issued after 1989 and pays qualified higher education expenses during 
the year, the interest on the bonds may be excludable from income Form 
8815 is used by the individual to figure the amount of savings bond 
interest that is excludable.
    Respondents: Individuals or households.
    Estimated Number of Respondents/Recordkeepers: 25,000.
    Estimated Burden Hours Per Respondent/Recordkeeper:

------------------------------------------------------------------------
                                                                  (Min.)
------------------------------------------------------------------------
Recordkeeping..................................................      53.
Learning about the law or the form.............................       13
Preparing the form.............................................       35
Copying, assembling and sending the form to the IRS............       34
------------------------------------------------------------------------

    Frequency of Response: Annually.
    Estimated Total Reporting/Recordkeeping Burden: 50,920 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. 96-14273 Filed 6-5-96; 8:45 am]
BILLING CODE 4830-01-P