[Federal Register Volume 61, Number 148 (Wednesday, July 31, 1996)]
[Notices]
[Pages 40077-40078]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-19495]


-----------------------------------------------------------------------

[[Page 40078]]


DEPARTMENT OF THE TREASURY
Internal Revenue Service


Proposed Collection; Comment Request for Form 8845

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

-----------------------------------------------------------------------

SUMMARY: The Department of the Treasury, as part of its continuing 
effort to reduce paperwork and respondent burden, invites the general 
public and other Federal agencies to take this opportunity to comment 
on proposed and/or continuing information collections, as required by 
the Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C. 
3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning 
Form 8845, Indian Employment Credit.

DATES: Written comments should be received on or before September 30, 
1996 to be assured of consideration.

ADDRESSES: Direct all written comments to Garrick R. Shear, Internal 
Revenue Service, room 5571, 1111 Constitution Avenue NW., Washington, 
DC 20224.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the form and instructions should be directed to Martha R. 
Brinson, (202) 622-3869, Internal Revenue Service, room 5571, 1111 
Constitution Avenue NW., Washington, DC 20224.

SUPPLEMENTARY INFORMATION:

    Title: Indian Employment Credit.
    OMB Number: 1545-1417.
    Abstract: Under Internal Revenue Code section 45A, employers can 
claim an income tax credit for hiring American Indians or their spouses 
to work in a trade or business on an Indian reservation. Form 8845 is 
used by employers to claim the credit and by IRS to ensure that the 
credit is computed correctly.
    Current Actions: Part II of Form 8845, Tax Liability Limit, has 
been revised extensively. All of the computations are now made on the 
form and in logical order following the provisions of Code section 
38(c). The revisions include: Deleting line 8f, Orphan drug credit, 
because it has expired; adding new line 10, Alternative minimum tax, 
and new line 14, Enter the greater of line 12 or line 13.
    Type of Review: Revision of a currently approved collection.
    Affected Public: Businesses or other for-profit organizations.
    Estimated Number of Respondents: 500.
    Estimated Time Per Respondent: 10 hr., 1 min.
    Estimated Total Annual Burden Hours: 5,005.
    The following paragraph applies to all of the collections of 
information covered by this notice:
    An agency may not conduct or sponsor, and a person is not required 
to respond to, a collection of information unless the collection of 
information displays a valid OMB control number. Books or records 
relating to a collection of information must be retained as long as 
their contents may become material in the administration of any 
internal revenue law. Generally, tax returns and tax return information 
are confidential, as required by 26 U.S.C. 6103.

REQUEST FOR COMMENTS: Comments submitted in response to this notice 
will be summarized and/or included in the request for OMB approval. All 
comments will become a matter of public record. Comments are invited 
on: (a) Whether the collection of information is necessary for the 
proper performance of the functions of the agency, including whether 
the information shall have practical utility; (b) the accuracy of the 
agency's estimate of the burden of the collection of information; (c) 
ways to enhance the quality, utility, and clarity of the information to 
be collected; (d) ways to minimize the burden of the collection of 
information on respondents, including through the use of automated 
collection techniques or other forms of information technology; and (e) 
estimates of capital or start-up costs and costs of 
operation,maintenance, and purchase of services to provide information.

    Approved: July 23, 1996.
Garrick R. Shear,
IRS Reports Clearance Officer.
[FR Doc. 96-19495 Filed 7-30-96; 8:45 am]
BILLING CODE 4830-01-P