[Federal Register Volume 67, Number 172 (Thursday, September 5, 2002)]
[Notices]
[Page 56874]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-22557]



[[Page 56874]]

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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

August 28, 2002.
    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, Pub. L. 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 October 7, 2002 
to be assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-0066.
    Form Number: IRS Form 2688.
    Type of Review: Extension.
    Title: Application for Additional Extension of Time To File U.S. 
Individual Income Tax Returns.
    Description: Internal Revenue Code section 6081 permits the 
Secretary to grant a reasonable extension of time for filing any 
return, declaration, statement, or other document. This form is used by 
individuals to ask for an additional extension of time to file U.S. 
income tax returns after filing for the automation extension, but still 
needing more time.
    Respondents: Individuals or households.
    Estimated Number of Respondents: 1,453,000.
    Estimated Burden Hours Per Respondent:
Learning about the law or the form--13 min.
Preparing the form--16 min.
Copying, assembling, and sending the form to the IRS--17 min.
    Frequency of Response: On occasion.
    Estimated Total Reporting Burden: 1,089,750 hours.

    OMB Number: 1545-0967.
    Form Number: IRS Form 8453-F.
    Type of Review: Extension.
    Title: U.S. Estate or Trust Income Tax Declaration and Signature 
for Electronic and Magnetic Media Filing.
    Description: This form is used to secure taxpayer signatures and 
declarations in conjunction with electronic and magnetic media filing 
of trust and fiduciary income tax returns. This form, together with the 
electronic and magnetic media transmission, will comprise the 
taxpayer's income tax return (Form 1041).
    Respondents: Business or other for-profit, Individuals or 
households, Farms.
    Estimated Number of Respondents/Recordkeepers: 1,000.
    Estimated Burden Hours Per Respondent/Recordkeeper:
Recordkeeping--6 min.
Learning about the law or the form--4 min.
Preparing the form--21 min.
Copying, assembling, and sending the form to the IRS--20 min.
    Frequency of Response: Annually.
    Estimated Total Reporting/Recordkeeping Burden: 880 hours.

    OMB Number: 1545-0970.
    Form Number: IRS Form 8453-P.
    Type of Review: Extension.
    Title: U.S. Partnership Declaration and Signature for Electronic 
Filing.
    Description: This form is used to secure general partner's 
signature and declaration in conjunction with the electronic filing of 
a partnership return (Form 1065). Form 8453-P, together with the 
electronic transmission, will comprise the partnership's return.
    Respondents: Business or other for-profit.
    Estimated Number of Respondents/Recordkeepers: 500.
    Estimated Burden Hours Per Respondent/Recordkeeper:
Recordkeeping--6 min.
Learning about the law or the form--5 min.
Preparing the form--18 min.
Copying, assembling, and sending the form to the IRS--16 min.
    Frequency of Response: Annually.
    Estimated Total Reporting/Recordkeeping Burden: 390 hours.

    OMB Number: 1545-1237.
    Regulation Project Number: REG-209831-96 Final.
    Type of Review: Extension.
    Title: Consolidated Returns--Limitations on the Use of Certain 
Losses and Deductions.
    Description: Section 1502 provides for the promulgation of 
regulations with respect to corporations that file consolidated income 
tax returns. These regulations amend the current regulations regarding 
the use of certain losses and deductions by such corporations.
    Respondents: Business or other for-profit.
    Estimated Number of Respondents: 8,000.
    Estimated Burden Hours Per Respondent: 15 minutes.
    Frequency of Response: On occasion.
    Estimated Total Reporting Burden: 2,000 hours.

    OMB Number: 1545-1257.
    Form Number: IRS Form 8827.
    Type of Review: Extension.
    Title: Credit for Prior Year Minimum Tax--Corporations.
    Description: Section 53(d), as revised, allows corporations a 
minimum tax credit based on the full amount of alternative minimum tax 
incurred in tax years beginning after 1989, or a carryforward for use 
in a future year.
    Respondents: Business or other for-profit, Farms.
    Estimated Number of Respondents: 25,000.
    Estimated Burden Hours Per Respondent: 1 hour.
    Frequency of Response: Annually.
    Estimated Total Reporting Burden: 25,000 hours.
    Clearance Officer: Glenn Kirkland (202) 622-3428, Internal Revenue 
Service, Room 6411-03, 1111 Constitution Avenue, NW., Washington, DC 
20224.
    OMB Reviewer: Joseph F. Lackey, Jr. (202) 395-7316, Office of 
Management and Budget, Room 10235, New Executive Office Building, 
Washington, DC 20503.

Lois K. Holland,
Departmental Reports, Management Officer.
[FR Doc. 02-22557 Filed 9-4-02; 8:45 am]
BILLING CODE 4830-01-P