[Federal Register Volume 68, Number 176 (Thursday, September 11, 2003)]
[Notices]
[Pages 53632-53634]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-23151]


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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

September 4, 2003.
    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 
11000, 1750 Pennsylvania Avenue, NW Washington, DC 20220.

DATES: Written comments should be received on or before October 14, 
2003 to be assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-0098.
    Form Number: IRS Form 1045.
    Type of Review: Extension.
    Title: Application for Tentative Refund.
    Description: Form 1045 is used by individuals, estates, and trusts 
for a quick refund of taxes due to carryback of a net operating loss, 
unused general business credit, or claim of right adjustment under 
section 1341(b). The information obtained is used to determine the 
validity of the application.
    Respondents: Individuals or households, Business or other for-
profit, Farms.
    Estimated Number of Respondents/Recordkeepers: 65,220.
    Estimated Burden Hours Respondent/Recordkeepers:

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------------------------------------------------------------------------
Recordkeeping..........................  4 hr., 9 min.
Learning about the law or the form.....  47 min.
Preparing the form.....................  6 hr., 44 min.
Copying, assembling, and sending the     1 hr., 3 min.
 form to the IRS.
------------------------------------------------------------------------

    Frequency of Response: On occasion.
    Estimated Total Reporting/Recordkeeping Burden: 830,251 hours.
    OMB Number: 1545-0219.

[[Page 53633]]

    Form Number: IRS Form 5884.
    Type of Review: Extension.
    Title: Work Opportunity Credit.
    Description: Internal Revenue Code (IRC) section 38(b)(2) allows a 
credit against income tax to employers hiring individuals from certain 
targeted groups such as welfare recipients, etc. The employer uses Form 
5884 to figure the credit. IRS uses the information on the form to 
verify that the correct amount of credit was claimed.
    Respondents: Individuals or households, Business or other for-
profit.
    Estimated Number of Respondents/Recordkeepers: 10,630.
    Estimated Burden Hours Respondent/Recordkeeper:

------------------------------------------------------------------------
 
------------------------------------------------------------------------
Recordkeeping..........................  7 hr., 39 min.
Learning about the law or the form.....  1 hr., 0 min.
Preparing and sending the form to the    1 hr., 9 min.
 IRS.
------------------------------------------------------------------------

    Frequency of Response: Annually.
    Estimated Total Reporting/Recordkeeping Burden: 104,281 hours.
    OMB Number: 1545-1016.
    Form Number: IRS Form 8613.
    Type of Review: Extension.
    Title: Return of Excise Tax on Undistributed Income of Regulated 
Investment Companies.
    Description: Form 8613 is used by regulated investment companies to 
compute and pay the excise tax on undistributed income imposed under 
sectIRS uses the information to verify that the correct amount of tax 
has been reported.
    Respondents: Business or other for-profit.
    Estimated Number of Respondents/Recordkeepers: 1,500.
    Estimated Burden Hours Respondent/Recordkeeper:

------------------------------------------------------------------------
 
------------------------------------------------------------------------
Recordkeeping..........................  6 hr., 42 min.
Learning about the law or the form.....  2 hr., 28 min.
Preparing and sending the form to the    2 hr., 42 min.
 IRS.
------------------------------------------------------------------------

    Frequency of Response: Annually.
    Estimated Total Reporting/Recordkeeping Burden: 17,820 hours.
    OMB Number: 1545-1359.
    Regulation Project Number: INTL-978-86 NPRM.
    Type of Review: Extension.
    Title: Information Reporting by Passport and Permanent Resident 
Applicants.
    Description: The regulations require applicants for passports and 
permanent residence status to report certain tax information on the 
applications. The regulations are intended to give the Service notice 
of non-filers and of persons with foreign source income not subject to 
normal withholding, and to notify such persons of their duty to file 
U.S. tax returns.
    Respondents: Individuals or households.
    Estimated Number of Respondents: 5,500,000.
    Estimated Burden Hours Respondent: 30 minutes.
    Frequency of Response: On occasion.
    Estimated Total Reporting Burden: 750,000 hours.
    OMB Number: 1545-1560.
    Regulation Project Number: REG-246250-96 Final.
    Type of Review: Extension.
    Title: Public Disclosure of Material Relating to Tax-Exempt 
Organizations.
    Description: The collections of information in section 301.6104(d)-
3, 301.6104(d)-4 and 301.6104(d)-5 are necessary so that tax-exempt 
organizations can make copies of their applications for tax exemption 
and annual information returns to the public.
    Respondents: Not-for-profit institutions.
    Estimated Number of Respondents/Recordkeeping: 1,100,000.
    Estimated Burden Hours Respondent/Recordkeeper: 30 minutes.
    Frequency of Response: On occasion.
    Estimated Total Reporting/Recordkeeping Burden: 551,500 hours.
    OMB Number: 1545-1593.
    Form Number: IRS Form 1041-QFT.
    Type of Review: Extension.
    Title: U.S. Income Tax Return for Qualified Funeral Trusts.
    Description: Internal Revenue Code (IRC) section 685 allows the 
trustee of qualified funeral trust to report and pay the tax for the 
trust. Data is used to determine that the trustee filed the proper 
return and paid the correct tax.
    Respondents: Business or other for-profit.
    Estimated Number of Respondents/Recordkeepers: 15,000.
    Estimated Burden Hours Respondent/Recordkeeper:

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------------------------------------------------------------------------
Recordkeeping..........................  9 hr., 34 min.
Learning about the law or the form.....  2 hr., 18 min.
Preparing the form.....................  5 hr., 20 min.
Copying, assembling, and sending the     48 min.
 form to the IRS.
------------------------------------------------------------------------

    Frequency of Response: Annually.
    Estimated Total Reporting/Recordkeeping Burden: 270,150 hours.
    OMB Number: 1545-1693.
    Form Number: IRS Forms 8871 and 8453-X.
    Type of Review: Extension.
    Title: Form 8871, Political Organization Notice of Section 527 
Status; and Form 8453-X, Political Organization Declaration for 
Electronic Filing of Notice of Section 527 Status.
    Description: Internal Revenue Code section 527, as amended by P.L. 
106-230 and P.L. 107-276, requires certain political organizations to 
provide information to the IRS regarding their name and address, their 
purpose, and the names and addresses of their officers, highly 
compensated employees, board of directors, and any related entities 
(within the meaning of section 168(h)(4)). Forms 8871 and 8453-X are 
used for this purpose.
    Respondents: Not-for-profit institutions.
    Estimated Number of Respondents/Recordkeeping: 5,500.
    Estimated Burden Hours Respondent/Recordkeeping:

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                                                              Form 8871                     Form 8453-X
----------------------------------------------------------------------------------------------------------------
Recordkeeping.....................................  5 hr., 15 min.                 28 min.
Learning about the law or the form................  47 min.                        6 min.
Preparing and sending the form to the IRS.........  55 min.                        6 min.
----------------------------------------------------------------------------------------------------------------

    Frequency of Response: On occasion.
    Estimated Total Reporting/Recordkeeping Burden: 35,195 hours.
    OMB Number: 1545-1842.
    Form Number: IRS Form 13441.
    Type of Review: Extension.
    Title: Health Coverage Tax Credit Registration Form.
    Description: Form 13441, Health Coverage Tax Credit Registration 
Form, will be directly mailed to all individuals who are potentially 
eligible for the HCTC. Potentially eligible individuals will use this 
form to determine if they are eligible for the Health Coverage Tax 
Credit and to register for the HCTC program. Participation in this 
program is voluntary. This form will be submitted by the individual to 
the HCTC program office in a postage-paid,

[[Page 53634]]

return envelope. We will accept faxed forms, if necessary. 
Additionally, recipients may call the HCTC call center for help in 
completing this form.
    Respondents: Individuals or households, Federal Government, State, 
Local or Tribal Government.
    Estimated Number of Respondents: 156,000.
    Estimated Burden Hours Respondent: 30 minutes.
    Frequency of Response: Other (once).
    Estimated Total Reporting Burden: 78,000 hours.
    OMB Number: 1545-1846.
    Revenue Procedure Number: Revenue Procedure 2003-48.
    Type of Review: Extension.
    Title: Update of Checklist Questionnaire Regarding Requests for 
Spin-Off Rulings.
    Description: This revenue procedure updates Revenue Procedure 96-
30, which sets forth in a check list questionnaire the information that 
must be included in a request for ruling under section 355. This 
revenue procedure updates information that taxpayers must provide in 
order to receive letter rulings under section 355. This information is 
required to determine whether a taxpayer would qualify for 
nonrecognition treatment.
    Respondents: Business or other for-profit.
    Estimated Number of Respondents: 180.
    Estimated Burden Hours Respondent: 200 hours.
    Frequency of Response: On occasion.
    Estimated Total Reporting Burden: 36,000 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,
Treasury PRA Clearance Officer.
[FR Doc. 03-23151 Filed 9-10-03; 8:45 am]
BILLING CODE 4830-01-P