OMB.report

Federal forms, ICRs, and supporting documents

Information Collection Request

REG-246249-96 (Final) Information Reporting Requirements for Certain Payments Made on Behalf of Another Person, Payments to Joint Payees, and Payments of Gross Proceeds From Sales Involving

ICR 200612-1545-019 · OMB 1545-1705 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
OMBSTATE.MNT.wpd Supporting Statement A Uploaded 2006-12-13 Available
IC Document Collections
IC IDCollectionTypeStatusForm
19186 REG-246249-96 (Final) Information Reporting Requirements for Certain Payments Made on Behalf of Another Person, Payments to Joint Payees, and Payments of Gross Proceeds From Sales Involving Modified
ICR Details
1545-1705 200612-1545-019
Historical Active 200312-1545-015
TREAS/IRS ah-1705-019
REG-246249-96 (Final) Information Reporting Requirements for Certain Payments Made on Behalf of Another Person, Payments to Joint Payees, and Payments of Gross Proceeds From Sales Involving
Extension without change of a currently approved collection   No
Regular
Approved without change 03/31/2007
Retrieve Notice of Action (NOA) 01/22/2007
  Inventory as of this Action Requested Previously Approved
03/31/2010 36 Months From Approved 03/31/2007
1 0 1
1 0 1
0 0 0
The regulation under section 6041 clarifies who is the payee for information reporting purposes if a check or other instrument is made payable to joint payees, provides information reporting requirements for escrow agents and other persons making payments on behalf of another person, and clarifies that the amount to be reported as paid is the gross amount of the payment. The regulation also removes investment advisers from the list of exempt recipients for information reporting purposes under section 6045.
US Code: 26 USC 6103 Name of Law: null
   US Code: 26 USC 7805 Name of Law: null
  
None
1545-AW48 Final or interim final rulemaking 67 FR 48754 07/26/2002
  71 FR 58053 10/02/2006
72 FR 2728 01/22/2007
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 1 1 0 0 0 0
Annual Time Burden (Hours) 1 1 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Nancy Rose 202 622-4910
  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.
01/22/2007