Reconciliation of Schedule M-3 Taxable Income with Tax Return Taxable Income for Mixed Groups

ICR 200706-1545-043 · OMB 1545-2062 · Historical Active

⚠️ Notice: This information collection may be outdated. More recent filings for OMB 1545-2062 can be found here:

2010-11-30 - Extension without change of a currently approved collection

Forms and Documents

Document	Type	Status	Availability
Form 8916 Reconciliation of Schedule M-3 Taxable Income with Tax Return Taxable Income for Mixed Groups	Form and Instruction	Modified	Available
ombat2.doc	Supplementary Document	Uploaded 2006-11-29	Available
brdn_busi.pdf	Supplementary Document	Uploaded 2006-11-29	Repair queued
Supporting statement-8916.doc	Supporting Statement A	Uploaded 2007-06-22	Available

IC Document Collections

IC ID	Collection	Type	Status	Form
46218	Reconciliation of Schedule M-3 Taxable Income with Tax Return Taxable Income for Mixed Groups	Form and Instruction	Modified

ICR Details

OMB Control No: 1545-2062	ICR Reference No: 200706-1545-043
Status: Historical Active	Previous ICR Reference No: 200611-1545-038
Agency/Subagency: TREAS/IRS	Agency Tracking No: ah-2062-043
Title: Reconciliation of Schedule M-3 Taxable Income with Tax Return Taxable Income for Mixed Groups
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 11/02/2007
Retrieve Notice of Action (NOA)	Date Received in OIRA: 07/19/2007
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	11/30/2010	36 Months From Approved	11/30/2007
Responses	500	0	500
Time Burden (Hours)	3,385	0	3,385
Cost Burden (Dollars)	0	0	0

Abstract: The Form 8916 reconciles taxable income per the Schedule M-3 for the Forms 1120, 1120-L, or 1120-PC with the taxable income on mixed groups filing Form 1120, 1120-L, or 1120-PC. This is necessary because certain special adjustments are required to match taxable income of mixed groups as reported on the Schedule M-3 with taxable income they report on Forms 1120, 1120-L, or 1120-PC.

Authorizing Statute(s): US Code: 26 USC 6103 Name of Law: Confidentiality and disclosure of returns and return information.

Citations for New Statutory Requirements: None

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	72 FR 18749	04/13/2007
30-day Notice:	Federal Register Citation:	Citation Date:
	72 FR 39664	07/19/2007
Did the Agency receive public comments on this ICR? No

Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Reconciliation of Schedule M-3 Taxable Income with Tax Return Taxable Income for Mixed Groups	8916	Reconciliation of Schedule M-3 Taxable Income with Tax Return Taxable Income for Mixed Groups

ICR Summary of Burden

	Total Approved	Previously Approved
Annual Number of Responses	500	500
Annual Time Burden (Hours)	3,385	3,385
Annual Cost Burden (Dollars)	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement:

Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

Agency Contact: Clarence Light 202 622-3096

Common Form ICR: No