OMB.report

Federal forms, ICRs, and supporting documents

Information Collection Request

Form 15597 - Foreclosure Sale Purchaser Contact Information Request

ICR 201010-1545-042 · OMB 1545-2199 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
Form 15597 Form 15597 - Foreclosure Sale Purchaser Contact Information Request Form New Repair queued
ombat2.doc Supplementary Document Uploaded 2010-10-28 Repair queued
Supp Statmnt Form 15597.pdf Supporting Statement A Uploaded 2010-11-10 Repair queued
IC Document Collections
IC IDCollectionTypeStatusForm
195039 Form 15597 - Foreclosure Sale Purchaser Contact Information Request Form New
ICR Details
1545-2199 201010-1545-042
Historical Active
TREAS/IRS Approval requested by 11/05/2010
Form 15597 - Foreclosure Sale Purchaser Contact Information Request
New collection (Request for a new OMB Control Number)   No
Emergency 11/05/2010
Approved with change 11/12/2010
Retrieve Notice of Action (NOA) 11/03/2010
  Inventory as of this Action Requested Previously Approved
05/31/2011 6 Months From Approved
550 0 0
49 0 0
0 0 0
This form is used to gather contact information of the purchaser from a 3rd party foreclosure sale when the IRS is considering the redemption of the property.
When the IRS is considering the redemption of real property foreclosed on by a third party, the IRS informs the foreclosure sale purchaser of this consideration and asks for contact information. This "attachment", (Form 15597), is the request for that contact information. We have solicited comments through various methods to seek taxpayer feedback. We will also issue a new 60-day FRN once the final form is released to the public. Based on the internal feedback that we have received, there is a strong desire to ensure that taxpayers understand and receive the form and filing requirements as quickly as possible. Failure to make this form available to the public could result in an adverse financial impact on the taxpaying public and hinder the mission of the IRS in complying with 28 USC 2410 and IRC 7425.
US Code: 28 USC 2410 Name of Law: Actions affecting property on which United States has lien
  
US Code: 28 USC 2410 Name of Law: Actions affecting property on which United States has lien
Not associated with rulemaking
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 550 0 0 550 0 0
Annual Time Burden (Hours) 49 0 0 49 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
No
When the IRS is considering the redemption of real property foreclosed on by a third party, the IRS informs the foreclosure sale purchaser of this consideration and asks for contact information. This "attachment", (Form 15597), is the request for that contact information. The creation of Form 15597 to collect this contact information will result in a burden increase of 550 responses and 49 hours.
$1,056
No
No
No
No
No
Uncollected
Christine Kalcevic 2022832173
  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.
11/03/2010