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Federal forms, ICRs, and supporting documents

Information Collection Request

Reporting Requirements for Recipients of Points Paid on Residential Mortgages -- IA-17-90 (Final)

ICR 199703-1545-003 · OMB 1545-1380 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
IC IDCollectionTypeStatusForm
18216 Reporting Requirements for Recipients of Points Paid on Residential Mortgages -- IA-17-90 (Final) Migrated
ICR Details
1545-1380 199703-1545-003
Historical Active 199409-1545-022
TREAS/IRS
Reporting Requirements for Recipients of Points Paid on Residential Mortgages -- IA-17-90 (Final)
Extension without change of a currently approved collection   No
Regular
Approved without change 04/23/1997
Retrieve Notice of Action (NOA) 03/14/1997
The agency is not required to display the expiration date.
  Inventory as of this Action Requested Previously Approved
05/31/2000 05/31/2000 04/30/1997
1,256,560 0 1,256,560
283,056 0 283,056
0 0 0
To encourage compliance with the tax laws relating to the mortgage interest deduction, the regulations require the reporting on form 1098 of points paid on residential mortgages. Only businesses that receive mortgage interest in the course of a trade or business are affected by this reporting requirement.
None
None
No
1
IC Title Form No. Form Name
Reporting Requirements for Recipients of Points Paid on Residential Mortgages -- IA-17-90 (Final)
  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 1,256,560 1,256,560 0 0 0 0
Annual Time Burden (Hours) 283,056 283,056 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
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.
03/14/1997