[Federal Register: October 16, 1998 (Volume 63, Number 200)]
[Notices]               
[Page 55677-55678]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr16oc98-145]

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DEPARTMENT OF THE TREASURY

 
Submission to OMB for Review; Comment Request

September 11, 1998.
    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.


[[Page 55678]]


DATES: Written comments should be received on or before November 16, 
1998 to be assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: New.
    Form Number: IRS Form 8812.
    Type of Review: New collection.
    Title: Additional Child Tax Credit.
    Description: Section 24 of the Internal Revenue Code allows for 
taxpayers a credit for each of their dependent children who is under 
age 17 at the close of the taxpayer's tax year. The credit is 
advantageous to taxpayers as it directly reduces the tax liability for 
the year and, if the taxpayer has three or more children, may result in 
a refundable amount of credit.
    Respondents: Individuals or households.
    Estimated Number of Respondents/Recordkeepers: 3,500,000.
    Estimated Burden Hours Per Respondent/Recordkeeper:

Recordkeeping--7 min.
Learning about the law or the form--5 min.
Preparing the form--18 min.
Copying, assembling, and sending the form to the IRS--20 min.

    Frequency of Response: Annually.
    Estimated Total Reporting/Recordkeeping Burden: 2,905,000 hours.
    OMB Number: 1545-1609.
    Form Number: IRS Form 12040.
    Type of Review: Extension.
    Title: Order Blank for Charities Conducting Fund Raising Events.
    Description: The data collected on Form 12040 provides the 
charities a source to obtain the necessary tax material needed for 
recordkeeping and filing their returns.
    Respondents: Individuals or households.
    Estimated Number of Respondents: 1,000.
    Estimated Burden Hours Per Respondent: 3 minutes.
    Frequency of Response: On occasion.
    Estimated Total Reporting Burden: 50 hours.
    Clearance Officer: Garrick Shear, (202) 622-3869, Internal Revenue 
Service, Room 5571, 1111 Constitution Avenue, NW, Washington, DC 20224.
    OMB Reviewer: Alexander T. Hunt, (202) 395-7860, Office of 
Management and Budget, Room 10226, New Executive Office Building, 
Washington, DC 20503.
Lois K. Holland,
Departmental Reports Management Officer.
[FR Doc. 98-27756 Filed 10-15-98; 8:45 am]
BILLING CODE 4830-01-P