[Federal Register Volume 69, Number 134 (Wednesday, July 14, 2004)]
[Notices]
[Page 42243]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-15931]


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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

July 6, 2004.
    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 August 13, 
2004, to be assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-0099.
    Form Number: IRS Form 1065, Schedule D, and Schedule K-1.
    Type of Review: Revision.
    Title: Form 1965: U.S. Return of Partnership Income; Schedule D: 
Capital Gains and Losses; and Schedule K-1: Partner's Share of Income, 
Credits, Deductions, etc.
    Description: Internal Revenue Code (IRC) section 6031 requires 
partnerships to file returns that show gross income items, allowable 
deductions, partners' names, addresses, and distribution shares, and 
other information. This information is used to verify correct reporting 
of partnership items and for general statistics.
    Respondents: Business or other for-profit, Individuals or 
households.
    Estimated Number of Respondents/Recordkeepers: 2,376,800.
    Estimated Burden Hours Respondent/Recordkeeper:

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                                                     Learning about                     Copying, assembling, and
             Form                 Recordkeeping      the law or the     Preparing the    sending the form to the
                                                          form              form                   IRS
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1065..........................  42 hr., 27 min...  25 hr., 21 min...  44 hr., 3 min...  4 hr., 49 min.
Sch. D (Form 1065)............  6 hr., 56 min....  2 hr., 34 min....  2 hr., 48 min...  ........................
Sch. K-1 (Form 1065)..........  20 hr., 34 min...  6 hr., 9 min.....  6 hr., 46 min...  ........................
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    Frequency of response: Annually.
    Estimated Total Reporting/Recordkeeping Burden: 786,658,611 hours.
    Clearance Officer: Glenn P. Kirkland, Internal Revenue Service, 
Room 6411-03, 1111 Constitution Avenue, NW., Washington, DC 20224, 
(202) 622-3428.
    OMB Reviewer: Joseph F. Lackey, Jr., Office of Management and 
Budget, Room 10235, New Executive Office Building, Washington, DC 
20503, (202) 395-7316.

Lois K. Holland,
Treasury PRA Clearance Officer.
[FR Doc. 04-15931 Filed 7-13-04; 8:45 am]
BILLING CODE 4830-01-P