LR-77-86 Temporary (TD 8124) Certain Elections Under the Tax Reform Act of 1986

ICR 201008-1545-004 · OMB 1545-0982 · Historical Active

⚠️ Notice: This information collection may be outdated. More recent filings for OMB 1545-0982 can be found here:

Forms and Documents

Document	Type	Status	Availability
Supporting Statement(LR-77-86).rtf	Supporting Statement A	Uploaded 2010-08-02	Available
LR-77-86_Temp Reg.pdf	Supplementary Document	Uploaded 2007-05-11	Available

IC Document Collections

IC ID	Collection	Type	Status	Form
17614	LR-77-86 Temporary (TD 8124) Certain Elections Under the Tax Reform Act of 1986		Modified

ICR Details

OMB Control No: 1545-0982	ICR Reference No: 201008-1545-004
Status: Historical Active	Previous ICR Reference No: 200705-1545-033
Agency/Subagency: TREAS/IRS	Agency Tracking No: EC-1545-0982-004
Title: LR-77-86 Temporary (TD 8124) Certain Elections Under the Tax Reform Act of 1986
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: 11/26/2010
Retrieve Notice of Action (NOA)	Date Received in OIRA: 09/28/2010
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	11/30/2013	36 Months From Approved	11/30/2010
Responses	114,710	0	114,710
Time Burden (Hours)	28,678	0	28,678
Cost Burden (Dollars)	0	0	0

Abstract: These regulations establish various elections with respect to which immediate interim guidance on the time and manner of making the election is necessary. These regulations enable taxpayers to take advantage of the benefits of various Code provisions.

Authorizing Statute(s): US Code: 26 USC 168 Name of Law: Accelerated cost recovery system
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:
	75 FR 30905	06/02/2010
30-day Notice:	Federal Register Citation:	Citation Date:
	75 FR 59795	09/28/2010
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
LR-77-86 Temporary (TD 8124) Certain Elections Under the Tax Reform Act of 1986

ICR Summary of Burden

	Total Approved	Previously Approved
Annual Number of Responses	114,710	114,710
Annual Time Burden (Hours)	28,678	28,678
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]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

Agency Contact: Celia Gabrysh 202 622-3130

Common Form ICR: No