[Federal Register Volume 73, Number 242 (Tuesday, December 16, 2008)]
[Notices]
[Pages 76449-76450]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-29738]


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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

December 10, 2008.
    The Department of Treasury will submit the following public 
information collection requirement(s) to OMB for review and clearance 
under the Paperwork Reduction Act of 1995, Public Law 104-13 on or 
after the date of publication of this notice. 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, and 1750 
Pennsylvania Avenue, NW., Washington, DC 20220.

DATES: Written comments should be received on or before January 15, 
2009 to be assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-1029.
    Type of Review: Revision.
    Form: 8693.
    Title: Low-Income Housing Credit Disposition Bond or Treasury 
Direct Account Application.
    Description: Form 8693 is needed per IRC section 42(j)(6) to post 
bond or establish a Treasury Direct Account and waive the recapture 
requirements under section 42(j) for certain disposition of a building 
on which the low-income housing credit was claimed. Internal Revenue 
regulations section 301.7101-1 requires that the posting of a bond must 
be done on the appropriate form as determined by the Internal Revenue 
Service.
    Respondents: Businesses or other for-profits.
    Estimated Total Burden Hours: 1,128 hours.

    OMB Number: 1545-0127.
    Type of Review: Extension.
    Form: 1120-H.
    Title: U.S. Income Tax Return for Homeowners Associations.
    Description: Homeowners associations file Form 1120-H to report 
income, deductions, and credits. The form is also used to report the 
income tax liability of the homeowners association. The IRS uses Form 
1120-H to determine if the income, deductions, and credits have been 
correctly computed. The form is also used for statistical purposes.
    Respondents: Businesses or other for-profits.
    Estimated Total Burden Hours: 3,665,832 hours.

    OMB Number: 1545-1467.
    Type of Review: Revision.
    Form: 9779, 9779(SP), 9783, 9783(SP), 9787, 9787(SP), 9789/9789 
(SP).
    Title: Electronic Federal Tax Payment System (EFTPS).
    Description: Enrollment is vital to the implementation of the 
Electronic Federal Tax Payment System (EFTPS). EFTPS is an electronic 
remittance processing system that the Service will use to accept 
electronically transmitted federal tax payments. This system is a 
necessary outgrowth of advanced information and communication 
technologies.
    Respondents: Businesses or other for-profits.
    Estimated Total Burden Hours: 766,446 hours.

    OMB Number: 1545-1819.
    Type of Review: Revision.
    Title: REG-116641-01 (TD 9136--Final) Information Reporting and 
Backup Withholding for Payment Card Transactions; (REG-163195-05 
(NPRM)).
    Description: This document contains final regulations relating to 
the information reporting requirements, information reporting 
penalties, and backup withholding requirements for payment card 
transactions. This document also contains final regulations relating to 
the IRS TIN Matching Program.
    Respondents: Businesses or other for-profits.
    Estimated Total Burden Hours: 37,239,570 hours.

    OMB Number: 1545-0718.
    Type of Review: Extension.
    Form: 941-M.
    Title: Employer's Monthly Federal Tax Return.

[[Page 76450]]

    Description: Form 941-M is used by certain employers to report 
payroll taxes on a monthly rather than quarterly basis. Employers who 
have failed to file Form 941 or who have failed to deposit taxes as 
required are notified by the District Director that they must file Form 
941-M monthly.
    Respondents: Businesses or other for-profits.
    Estimated Total Burden Hours: 166,320 hours.
    Clearance Officer: Glenn P. Kirkland, (202) 622-3428, Internal 
Revenue Service, Room 6516, 1111 Constitution Avenue, NW., Washington, 
DC 20224.
    OMB Reviewer: Nicholas A. Fraser, (202) 395-5887, Office of 
Management and Budget, Room 10235, New Executive Office Building, 
Washington, DC 20503.

Celina Elphage,
Treasury PRA Clearance Officer.
[FR Doc. E8-29738 Filed 12-15-08; 8:45 am]
BILLING CODE 4830-01-P