Federal Register: July 27, 2004 (Volume 69, Number 143)

DOCID: FR Doc 04-17058

DEPARTMENT OF THE TREASURY

Treasury Department

NOTICE: NOTICES

SUBJECT CATEGORY:

Submission for OMB Review; Comment Request

DATES: Written comments should be received on or before August 26, 2004, to be assured of consideration.
Internal Revenue Service (IRS)

OMB Number: 15450010.

Form Number: IRS Form W4.

Type of Review: Extension.

Title: Employee's Withholding Allowance Certificate.

Description: Employees file this form to tell employers (1) the number of withholding allowances claimed, (2) additional dollar amounts they want withheld each pay period and (3) if they are entitled to claim exemption from withholding. Employers use the information to figure the correct tax to withhold from the employee's wages.

Respondents: Individuals or households, Business or other for profit, Notforprofit Institutions, Federal Government, State, Local or Tribal Government.

Estimated Number of Respondents/Recordkeepers: 54,209,079.

Estimated Burden Hours Respondent/Recordkeeper:
Recordkeeping45 min.
Learning about the law or the form12 min.
Preparing the form58 min.
Sending the form to the IRS11 min.

Frequency of response: On occasion.

Estimated Total Reporting/Recordkeeping Burden: 116,007,430 hours.

OMB Number: 15450187.

Form Number: IRS Form 4835.

Type of Review: Extension.

Title: Farm Rental Income and Expenses.

Description: This form is used by landowners (or sublessors) to report farm income based on livestock produced by the tenant when the landowner (or sublessor) does not materially participate in the operation or management of the farm. This form is attached to Form 1040 and the data is used to determine whether the proper amount of rental income has been reported.

Respondents: Individuals and households, Farms.

Estimated Number of Respondents/Recordkeepers: 407,719.

Estimated Burden Hours Respondent/Recordkeeper:
Recordkeeping2 hr., 57 min.
Learning about the law or the form4 min.
Preparing the form1 hr., 1 min.
Copying, assembling and sending the form to the IRS20 min.

Frequency of response: Annually.

Estimated Total Reporting/Recordkeeping Burden: 1,793,964 hours.

OMB Number: 15450923.

Regulation Project Number: REG20927485 NPRM and Temporary.

Type of Review: Extension.

Title: Tax Exempt Entity Leasing.

Description: These regulations provide guidance to persons executive lease agreements involving taxexempt entities under section 168(h) of the Internal Revenue Code. The regulations are necessary to implement congressionally enacted legislation and elections for certain previously taxexempt organizations and certain taxexempt controlled entities.

Respondents: Individuals or households.

Estimated Number of Respondents: 4,000.

Estimated Burden Hours Respondent: 30 minutes.

Frequency of response: On occasion.

Estimated Total Reporting Burden: 2,000 hours.

Clearance Officer: Glenn P. Kirkland, Internal Revenue Service, Room 641103, 1111 Constitution Avenue, NW., Washington, DC 20224, (202) 6223428.

OMB Reviewer: Joseph F. Lackey, Jr., Office of Management and Budget, Room 10235, New Executive Office Building, Washington, DC 20503, (202) 3957316.
Lois K. Holland,
Treasury PRA Clearance Officer.
[FR Doc. 0417058 Filed 72604; 8:45 am]
BILLING CODE 483001P

DOCUMENT SUMMARY:

July 19, 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 10413. 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.

SUMMARY:

Agency information collection activities; proposals, submissions, and approvals,

DOCUMENT BODY 2:

July 19, 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 10413. 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.