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Federal forms, ICRs, and supporting documents

Information Collection Request

T.D. 8905 (Final) Preparer Due Diligence Requirements for Determining Earned Income Credit Eligibility

ICR 201106-1545-010 · OMB 1545-1570 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
Supp_Statmnt_T.D._8905_REV.doc Supporting Statement A Uploaded 2011-08-29 Available
IC Document Collections
IC IDCollectionTypeStatusForm
18770 T.D. 8905 (Final) Preparer Due Diligence Requirements for Determining Earned Income Credit Eligibility Modified
ICR Details
1545-1570 201106-1545-010
Historical Active 200804-1545-027
TREAS/IRS jg-1570-010
T.D. 8905 (Final) Preparer Due Diligence Requirements for Determining Earned Income Credit Eligibility
Extension without change of a currently approved collection   No
Regular
Approved without change 09/29/2011
Retrieve Notice of Action (NOA) 08/29/2011
  Inventory as of this Action Requested Previously Approved
09/30/2014 36 Months From Approved 09/30/2011
760,704 0 760,704
507,136 0 507,136
0 0 0
This document contains final regulations relating to the due diligence requirements under section 6695(g) of the Internal Revenue Code for paid preparers of Federal income tax returns or claims for refund involving the earned income credit (EIC). These regulations reflect changes to the law made by the Taxpayer Relief Act of 1997. The regulations provide guidance to paid preparers who prepare Federal income tax returns or claims for refund claiming the earned income credit.
US Code: 26 USC 6695(g) Name of Law: Failure to be diligent in determining eligibility for earned income credit.
   US Code: 26 USC 7805 Name of Law: Rules and Regulations
   PL: Pub.L. 105 - 34 111 Name of Law: Taxpayer Relief Act of 1997
  
None
Not associated with rulemaking
  76 FR 9076 02/16/2011
76 FR 53025 08/24/2011
Yes
1
IC Title Form No. Form Name
T.D. 8905 (Final) Preparer Due Diligence Requirements for Determining Earned Income Credit Eligibility
  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 760,704 760,704 0 0 0 0
Annual Time Burden (Hours) 507,136 507,136 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
$0
No
No
No
No
No
Uncollected
Spence Hanemann 202 622-4940 [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.
08/29/2011