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Federal forms, ICRs, and supporting documents

Information Collection Request

REG-141402-02 (NPRM and Temporary) Limitation on Use of the Nonaccrual-Experience Method of Accounting Under Section 448(d)(5)

ICR 200311-1545-001 · OMB 1545-1855 · Historical Active

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IC IDCollectionTypeStatusForm
19510 REG-141402-02 (NPRM and Temporary) Limitation on Use of the Nonaccrual-Experience Method of Accounting Under Section 448(d)(5) Migrated
ICR Details
1545-1855 200311-1545-001
Historical Active 200308-1545-024
TREAS/IRS
REG-141402-02 (NPRM and Temporary) Limitation on Use of the Nonaccrual-Experience Method of Accounting Under Section 448(d)(5)
Extension without change of a currently approved collection   No
Regular
Approved without change 12/04/2003
Retrieve Notice of Action (NOA) 11/04/2003
  Inventory as of this Action Requested Previously Approved
12/31/2006 12/31/2006 02/29/2004
8,000 0 8,000
24,000 0 24,000
0 0 0
The regulations provide four safe harbor nonaccrual-experience methods that will be presumed to clearly reflect a taxpayer's nonaccrual experience, and for taxpayers who wish to compute their nonaccrual experience using a computation or formula other than the one of the four safe harbors provided, the requirements that must be met in order to use an alternative computation or formula to compute their nonaccrual experience.
None
None
No
  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 8,000 8,000 0 0 0 0
Annual Time Burden (Hours) 24,000 24,000 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.
11/04/2003