[Federal Register Volume 63, Number 129 (Tuesday, July 7, 1998)]
[Notices]
[Pages 36738-36739]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-17826]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 1040A and Schedules 
1, 2, 3, and EIC

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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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, Pub. L. 104-13 (44 U.S.C. 
3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning 
Form 1040A, U.S. Individual Income Tax Return, and Schedules 1, 2, 3, 
and EIC.

DATES: Written comments should be received on or before September 8, 
1998 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: U.S. Individual Income Tax Return.
    OMB Number: 1545-0085.
    Form Number: 1040A and Schedules 1, 2, 3, and EIC.
    Abstract: This form is used by individuals to report their income 
subject to income tax and to compute their correct tax liability. The 
data are used to verify that the income reported on the form is correct 
and are also for statistics use.
    Current Actions: The major changes are as follows: Form 1040A.
    (1) Line 6c, column (4), was revised to allow taxpayers to indicate 
which dependents qualify for the child tax credit (one of the 
requirements is that the child must be a dependent). The information 
previously in column (4) regarding the number of months the dependent 
lived in the taxpayer's home is removed.
    (2) New line 16 was added for the student loan interest deduction 
to reflect new Internal Revenue Code section 221. The deduction will be 
computed on a new worksheet in the instructions. Line 17 was added to 
total the adjustments, which will be subtracted from total income (line 
14) to arrive at adjusted gross income (line 18).
    (3) New line 28 was added for the child tax credit to reflect new 
Code section 24. The credit will be computed on a new worksheet in the 
instructions. Also, line 38 was added for the additional (refundable) 
amount of the child tax credit. The additional credit is allowed by 
Code section 32(n), and it will be computed on Form 8812.
    (4) New line 29 was added for the education credits (the Hope and 
lifetime learning credits) allowed by Code section 25A, which will be 
computed on Form 8863.
    (5) Line 27, household employment taxes, has been removed from Form 
1040A to gain room for the new lines needed as a result of new law. The 
few taxpayers who have household employment taxes and had been filing 
Form 1040A will now need to file Form 1040.

Schedule 3

    The physician's statement was deleted from the form and moved to 
the instructions because there is no need for it to be filed with the 
tax return.
    Type of Review: Revision of a currently approved collection.
    Affected Public: Individuals or households.
    Estimated Number of Respondents: 26,051,305.
    Estimated Time Per Respondent: Varies.
    Estimated Total Annual Burden Hours: 200,524,903.
    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

[[Page 36739]]

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: June 26, 1998.
Garrick R. Shear,
IRS Reports Clearance Officer.
[FR Doc. 98-17826 Filed 7-6-98; 8:45 am]
BILLING CODE 4830-01-P