OMB.report

Federal forms, ICRs, and supporting documents

Information Collection Request

Report of a Sale or Exchange of Certain Partnership Interests

ICR 201112-1545-026 · OMB 1545-0941 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
Form 8308 Report of a Sale or Exchange of Certain Partnership Interests Form and Instruction Modified Available
Expiration Explanation.rtf Supplementary Document Uploaded 2008-11-24 Available
SuppStmnt Form 8308.doc Supporting Statement A Uploaded 2011-12-21 Available
IC Document Collections
IC IDCollectionTypeStatusForm
17557 Report of a Sale or Exchange of Certain Partnership Interests Form and Instruction Modified
ICR Details
1545-0941 201112-1545-026
Historical Active 200811-1545-015
TREAS/IRS jg-0941-026
Report of a Sale or Exchange of Certain Partnership Interests
Extension without change of a currently approved collection   No
Regular
Approved without change 03/29/2012
Retrieve Notice of Action (NOA) 01/18/2012
  Inventory as of this Action Requested Previously Approved
03/31/2015 36 Months From Approved 03/31/2012
200,000 0 200,000
1,460,000 0 1,460,000
0 0 0
Form 8308 is an information return that gives the IRS the names of the parties involved in a section 751(a) exchange of a partnership interest. It is also used by the partnership as a statement to the transferor or transferee. It alerts the transferor that a portion of the gain on the sale of partnership interest may be ordinary income.
US Code: 26 USC 751(a) Name of Law: Sale or exchange of interest in partnership.
  
None
Not associated with rulemaking
  76 FR 54000 08/30/2011
77 FR 2131 01/13/2012
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 200,000 200,000 0 0 0 0
Annual Time Burden (Hours) 1,460,000 1,460,000 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
$289
No
No
No
No
No
Uncollected
D. Buchanan 202 622-3085
  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.
01/18/2012