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Federal forms, ICRs, and supporting documents

Information Collection Request

PS-163-84 (Final) Treatment of Transactions Between Partners and Partnerships

ICR 200708-1545-002 · OMB 1545-1243 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
1545-1243.pdf Supplementary Document Uploaded 2007-08-01 Available
PS-163-84.SUP.doc Supporting Statement A Uploaded 2007-08-01 Available
IC Document Collections
IC IDCollectionTypeStatusForm
18011 PS-163-84 (Final) Treatment of Transactions Between Partners and Partnerships Modified
ICR Details
1545-1243 200708-1545-002
Historical Active 200408-1545-010
TREAS/IRS
PS-163-84 (Final) Treatment of Transactions Between Partners and Partnerships
Extension without change of a currently approved collection   No
Regular
Approved without change 11/02/2007
Retrieve Notice of Action (NOA) 08/29/2007
  Inventory as of this Action Requested Previously Approved
11/30/2010 36 Months From Approved 11/30/2007
7,500 0 7,500
2,500 0 2,500
0 0 0
Section 707(a)(2) provides that if there is a transfer of money or property by a partner to a partnership, the transfer will be treated, in certain situations, as a disguised sale between the partner and the partnership. The regulations provide that the partner or the partnership should disclose the transfers and certain attendant facts in some situations.
US Code: 26 USC 707(a)(2) Name of Law: Transactions between partner and partnership
  
None
Not associated with rulemaking
  72 FR 29036 05/23/2007
72 FR 47126 08/22/2007
No
1
IC Title Form No. Form Name
PS-163-84 (Final) Treatment of Transactions Between Partners and Partnerships
  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 7,500 7,500 0 0 0 0
Annual Time Burden (Hours) 2,500 2,500 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Deane Burke 202 622-3070
  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.
08/29/2007