APPROVED. IN ADDITION, YOUR REQUESTS FOR CONTINUED USE OF PRIOR VERSIO OF THE FORM AND TO OMIT PRINTING THE EXPIRATION DATE ON THE FORM ARE GRANTED.
Inventory as of this Action
Requested
Previously Approved
09/30/1988
09/30/1988
09/30/1985
1,661,141
0
583,336
894,455
0
372,171
0
0
0
IRC SECTION 6654 IMPOSES A PENALTY FOR FAILURE TO PAY ESTIMATED INCOME TAX. THIS FORM IS USED BY TAXPAYERS TO DETERMINE WHETHER THEY ARE SUBJECT TO THIS PENALTY AND TO COMPUTE THE PENALTY IF IT APPLIES. THE SERVICE USES THIS INFORMATION TO DETERMINE WHETHER THE TAXPAYER SUBJECT TO THE PENALTY AND, ALSO, TO VERIFY THE PENALTY AMOUNT.
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.
UNDERPAYMENT OF ESTIMATED TAX BY INDIVIDUALS AND UNDERPAYMENT OF ESTIMATED TAX BY FARMERS AND FISHERMEN