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Federal forms, ICRs, and supporting documents

Information Collection Request

Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund

ICR 199611-1545-009 · OMB 1545-1002 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
IC IDCollectionTypeStatusForm
17647 Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund Form Migrated
ICR Details
1545-1002 199611-1545-009
Historical Active 199311-1545-014
TREAS/IRS
Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund
Extension without change of a currently approved collection   No
Regular
Approved without change 01/02/1997
Retrieve Notice of Action (NOA) 11/21/1996
The agency is not required to display the expiration date.
  Inventory as of this Action Requested Previously Approved
01/31/2000 01/31/2000 02/28/1997
2,000 0 2,000
39,840 0 39,420
0 0 0
Form 8621 is filed by a U.S. person who owns stock in a foreign investment company. The form is used to report income, make an election to extend the time for payment of tax, and to pay an additional tax and interest amount. The IRS uses form 8621 to determine if these shareholders have correctly reported amounts of income, made the election correctly, and have correctly computed the additional tax and interest amount.
None
None
No
1
IC Title Form No. Form Name
Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund 8621
  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 2,000 2,000 0 0 0 0
Annual Time Burden (Hours) 39,840 39,420 0 420 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.
11/21/1996