[Federal Register Volume 65, Number 144 (Wednesday, July 26, 2000)]
[Notices]
[Page 46044]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-18847]



[[Page 46044]]

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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

July 19, 2000.
    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.

DATES: Written comments should be received on or before August 25, 2000 
to be assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-0675.
    Form Number: IRS Form 1040EZ.
    Type of Review: Revision.
    Title: Income Tax Return for Single and Joint Filers With No 
Dependents.
    Description: Form 1040EZ is used by certain individuals to report 
their income subject to income tax and to figure their correct tax 
liability. The data is also used to verify that the items reported on 
the form are correct and are also for general statistical use.
    Respondents: Individuals or households.
    Estimated Number of Respondents/Recordkeepers: 15,159,869.
    Estimated Burden Hours Per Respondent/Recordkeeper:

Recordkeeping........................  4 min.
Learning about the law or the form...  1 hr., 38 min.
Preparing the form...................  1 hr., 50 min.
Copying, assembling, and sending the   22 min.
 form to the IRS.
 

    Frequency of Response: Annually.
    Estimated Total Reporting/Recordkeeping Burden: 44,008,325 hours.

    OMB Number: 1545-0998.
    Form Number: IRS Form 8615.
    Type of Review: Extension.
    Title: Tax for Children Under Age 14 Who Have Investment Income of 
More Than $1,400.
    Description: Under section 1(g), children under age 14 who have 
unearned income may be taxed on part of that income at their parent's 
tax rate. Form 8615 is used to see if any of the child's unearned 
income is taxed at the parent's rate and, if so, to figure the child's 
tax on his or her unearned income and earned income, if any.
    Respondents: Individuals or households.
    Estimated Number of Respondents/Recordkeepers: 331,128.
    Estimated Burden Hours Per Respondent/Recordkeeper:

Recordkeeping........................  26 min.
Learning about the law or the form...  11 min.
Preparing the form...................  42 min.
Copying, assembling, and sending the   20 min.
 form to the IRS.
 

    Frequency of Response: Annually.
    Estimated Total Reporting/Recordkeeping Burden: 552,984 hours.
    Clearance Officer: Garrick Shear, Internal Revenue Service, Room 
5244, 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. 00-18847 Filed 7-25-00; 8:45 am]
BILLING CODE 4830-01-P