[Federal Register Volume 64, Number 73 (Friday, April 16, 1999)]
[Notices]
[Pages 18968-18969]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-9505]


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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

April 9, 1999.
    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

[[Page 18969]]

Clearance Officer, Department of the Treasury, Room 2110, 1425 New York 
Avenue, NW., Washington, DC 20220.

DATES: Written comments should be received on or before May 17, 1999 to 
be assured of consideration.

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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                                                             Learning about the law   Preparing and sending the
                Form                      Recordkeeping            or the form             form to the IRS
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Form 3115..........................  20 hr., 34 min........  3 hr., 15 min.........  4 hr., 56 min.
Schedule A.........................  4 hr., 18 min.........  1 hr., 41 min.........  1 hr., 50 min.
Schedule B.........................  4 hr., 47 min.........  46 min................  2 hr., 4 min.
Schedule C.........................  27 hr., 1 min.........  1 hr., 40 min.........  3 hr., 22 min.
Schedule 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: 272,062 hours.
    Clearance Officer: Garrick Shear, Internal Revenue Service, Room 
5571, 1111 Constitution Avenue, NW, Washington, DC 20224.
    OMB Reviewer: Alexander T. Hunt (202) 395-7860, Office of 
Management and Budget, Room 10202, New Executive Office Building, 
Washington, DC 20503.
Lois K. Holland,
Departmental Reports, Management Officer.
[FR Doc. 99-9505 Filed 4-15-99; 8:45 am]
BILLING CODE 4830-01-P