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Federal forms, ICRs, and supporting documents

Information Collection Request

CAPITAL GAINS TAX AND PASSIVE INCOME TAX ON CERTAIN S CORPORATIONS NPRM LR-267-82

ICR 198507-1545-011 · OMB 1545-0130 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
IC IDCollectionTypeStatusForm
128752 CAPITAL GAINS TAX AND PASSIVE INCOME TAX ON CERTAIN S CORPORATIONS NPRM LR-267-82 Form Migrated
ICR Details
1545-0130 198507-1545-011
Historical Active 198503-1545-018
TREAS/IRS
CAPITAL GAINS TAX AND PASSIVE INCOME TAX ON CERTAIN S CORPORATIONS NPRM LR-267-82
Revision of a currently approved collection   No
Regular
Approved without change 08/26/1985
Retrieve Notice of Action (NOA) 07/01/1985
  Inventory as of this Action Requested Previously Approved
08/31/1988 08/31/1988 09/30/1986
1,905,648 0 1,905,648
7,252,101 0 7,252,100
0 0 0
THE REGS. REQUIRE AN S CORPORATION THAT HAS A CAPITAL GAIN SUBJECT TO TAX UNDER SEC. 1374 TO ATTACH A FORM 1120 (I.E., A C CORPORATION TAX RETURN) TO ITS RETURN FOR TAXABLE YEAR BECAUSE THE TERM "TAXABLE INCOM IN SECTION 1374 (D) IS DEFINED TO MEAN THE TAXABLE INCOME OF THE CORPORATION IF IT WERE A C CORPORATION WITH CERTAIN EXCEPTIONS. THE REGS. ALSO PRESCRIBE A PROCEDURE FOR REQUESTING A WAIVER OF THE TAX IMPOSED BY SECTION 1375 IN CERTAIN CASES.
None
None
No
1
IC Title Form No. Form Name
CAPITAL GAINS TAX AND PASSIVE INCOME TAX ON CERTAIN S CORPORATIONS NPRM LR-267-82 1120S
  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 1,905,648 1,905,648 0 0 0 0
Annual Time Burden (Hours) 7,252,101 7,252,100 0 1 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
No
$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected
  No
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
07/01/1985