[Federal Register Volume 65, Number 232 (Friday, December 1, 2000)]
[Notices]
[Page 75336]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-30591]



[[Page 75336]]

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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

November 24, 2000.
    The Department of the 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 January 2, 2001 
to be assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-0135.
    Form Number: IRS Form 1138.
    Type of Review: Extension.
    Title: Extension of Time for Payment of Taxes by a Corporation 
Expecting a Net Operating Loss Carryback.
    Description: Form 1138 is filed by corporations to request an 
extension of time to pay their income taxes, including estimated taxes. 
Corporations may only file for an extension when they expect a net 
operating loss carryback in the tax year and want to delay the payment 
of taxes from a prior tax year.
    Respondents: Business or other for-profit.
    Estimated Number of Respondents/Recordkeepers: 2,033.
    Estimated Burden Hours Per Respondent/Recordkeeper:

------------------------------------------------------------------------
 
------------------------------------------------------------------------
Recordkeeping.............................  3 hr., 21 min.
Learning about the law or the form........  42 min.
Preparing and sending the form to the IRS.  46 min.
------------------------------------------------------------------------

    Frequency of Response: On occasion.
    Estimated Total Reporting/Recordkeeping Burden: 9,800 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. 00-30591 Filed 11-30-00; 8:45 am]
BILLING CODE 4830-01-P