OMB.report

Federal forms, ICRs, and supporting documents

Information Collection Request

REG-135898-04 (Temporary) Extensions of Time to Elect Method for Determining Allowable Loss; REG-152524-02 (Temporary) Guidance Under Section 1502; REG-102740-02 (Final) Loss Limitation Rules; REG-152

ICR 200710-1545-017 · OMB 1545-1774 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
TD9057.pdf Supplementary Document Uploaded 2007-10-15 Available
TD9154.pdf Supplementary Document Uploaded 2007-10-15 Available
TD9187.pdf Supplementary Document Uploaded 2007-10-15 Available
Reg-135898-04_Sup Stmnt.doc Supporting Statement A Uploaded 2007-10-15 Available
IC Document Collections
IC IDCollectionTypeStatusForm
19345 REG-135898-04 (Temporary) Extensions of Time to Elect Method for Determining Allowable Loss; REG-152524-02 (Temporary) Guidance Under Section 1502; REG-102740-02 (Final) Loss Limitation Rules; REG-152 Modified
ICR Details
1545-1774 200710-1545-017
Historical Active 200410-1545-015
TREAS/IRS CB-1774-017
REG-135898-04 (Temporary) Extensions of Time to Elect Method for Determining Allowable Loss; REG-152524-02 (Temporary) Guidance Under Section 1502; REG-102740-02 (Final) Loss Limitation Rules; REG-152
Extension without change of a currently approved collection   No
Regular
Approved without change 03/05/2008
Retrieve Notice of Action (NOA) 12/27/2007
  Inventory as of this Action Requested Previously Approved
03/31/2011 36 Months From Approved 03/31/2008
18,360 0 18,360
36,720 0 36,720
0 0 0
The information is necessary to allow the taxpayer to make certain elections to determine the amount of allowable loss under Sec. 1.337(d)-2T, Sec. 1.1502-20 as currently in effect or under Sec. 1.1502-20 as modified; to allow the taxpayer to waive loss carryovers up to the amount of the Sec. 1.150-20(g) election and to ensure that loss is not disallowed under Sec. 1.337(d)-2T and basis is not reduced under Sec. 1.337(d)-2T to the extent the taxpayer establishes that the loss or basis is not attributable to the recognition of built in gain on the disposition of an asset.
US Code: 26 USC 337 Name of Law: Nonrecognition for property distributed to parent in complete liquidation of subsidiary
   US Code: 26 USC 1502 Name of Law: Regulations
   US Code: 26 USC 6103 Name of Law: Confidentiality and disclosure of returns and return information
  
None
Not associated with rulemaking
  72 FR 44225 08/07/2007
72 FR 73422 12/27/2007
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 18,360 18,360 0 0 0 0
Annual Time Burden (Hours) 36,720 36,720 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Marcie Barese 202 622-7790 [email protected]
  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.
12/27/2007