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Federal forms, ICRs, and supporting documents

Information Collection Request

Election To Postpone Determination as To Whether the Presumption Applies That an Activity Is Engaged in for Profit

ICR 200305-1545-006 · OMB 1545-0195 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
IC IDCollectionTypeStatusForm
17098 Election To Postpone Determination as To Whether the Presumption Applies That an Activity Is Engaged in for Profit Form Migrated
ICR Details
1545-0195 200305-1545-006
Historical Active 200005-1545-026
TREAS/IRS
Election To Postpone Determination as To Whether the Presumption Applies That an Activity Is Engaged in for Profit
Revision of a currently approved collection   No
Regular
Approved without change 06/06/2003
Retrieve Notice of Action (NOA) 05/05/2003
  Inventory as of this Action Requested Previously Approved
06/30/2006 06/30/2006 07/31/2003
10,730 0 10,730
8,370 0 8,262
0 0 0
This form is used by individuals, partnerships, estates, trusts, and S corporations to make an election to postpone an IRS determination as to whether an activity is engaged in for profit for 5 years (7 years for breeding, training, showing, or racing horses). The data is used to verify eligibility to make the election.
None
None
No
1
IC Title Form No. Form Name
Election To Postpone Determination as To Whether the Presumption Applies That an Activity Is Engaged in for Profit 5213
  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 10,730 10,730 0 0 0 0
Annual Time Burden (Hours) 8,370 8,262 0 108 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.
05/05/2003