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Federal forms, ICRs, and supporting documents

Information Collection Request

Rev. Proc. 99-17 Mark to Market Election for Commodities Dealers and Securities and Commodities Traders

ICR 200506-1545-009 · OMB 1545-1641 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
IC IDCollectionTypeStatusForm
18998 Rev. Proc. 99-17 Mark to Market Election for Commodities Dealers and Securities and Commodities Traders Migrated
ICR Details
1545-1641 200506-1545-009
Historical Active 200204-1545-023
TREAS/IRS
Rev. Proc. 99-17 Mark to Market Election for Commodities Dealers and Securities and Commodities Traders
Extension without change of a currently approved collection   No
Regular
Approved without change 08/09/2005
Retrieve Notice of Action (NOA) 06/01/2005
  Inventory as of this Action Requested Previously Approved
08/31/2008 08/31/2008 08/31/2005
1,000 0 1,000
500 0 500
0 0 0
The revenue procedure prescribes the time and manner for dealers in commodities and traders in securities or commodities to elect to use the mark-to-market method of accounting under Sec. 475(e) or (f) of the Internal Revenue Code. The collections of information in sections 5 and 6 of this revenue procedure are required by the IRS in order to facilitate monitoring taxpayers changing accounting methods resulting from making the elections under Sec. 475(e) or (f).
None
None
No
1
IC Title Form No. Form Name
Rev. Proc. 99-17 Mark to Market Election for Commodities Dealers and Securities and Commodities Traders
  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 1,000 1,000 0 0 0 0
Annual Time Burden (Hours) 500 500 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.
06/01/2005