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Federal forms, ICRs, and supporting documents

Information Collection Request

Notice of Election of an Agreement to Special Lien Under Internal Revenue Code Section 6324A and Regulations

ICR 201207-1545-009 · OMB 1545-2109 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
Form Form 13925 Form 13925, Notice of Election of and Agreement To Special Lien Under Internal Revenue Code Section 6324A and Regulations Form and Instruction Modified Available
Supporting Statement.doc Supporting Statement A Uploaded 2012-08-27 Repair queued
Expiration Explanation.rtf Supplementary Document Uploaded 2008-03-25 Repair queued
IC Document Collections
IC IDCollectionTypeStatusForm
203861 Treasury Decision 7941--Special lien for estate taxes deferred under section 6166 or 6166A New
184219 Form 13925, Notice of Election of and Agreement To Special Lien Under Internal Revenue Code Section 6324A and Regulations Form and Instruction Modified
ICR Details
1545-2109 201207-1545-009
Historical Active 200903-1545-027
TREAS/IRS EC-1545-2109-009
Notice of Election of an Agreement to Special Lien Under Internal Revenue Code Section 6324A and Regulations
Revision of a currently approved collection   No
Regular
Approved without change 10/25/2012
Retrieve Notice of Action (NOA) 08/31/2012
  Inventory as of this Action Requested Previously Approved
10/31/2015 36 Months From Approved 10/31/2012
510 0 500
510 0 500
0 0 0
TD 7941: Internal Revenue Code section 6324A permits the executor of a decedent's estate to elect a lien on section 6166 property in favor of the United States in lieu of a bond or personal liability if an election under section 6166 was made and the executor files an agreement under section 6324A(c). This regulation clarifies the procedures for complying with the statutory requirements. Form 13925: Under IRC section 6166, an estate may elect to pay the estate tax in installments over 14 years if certain conditions are met. If the IRS determines that the government's interest in collecting estate tax is sufficiently at risk, it may require the estate provide a bond. Alternatively, the executor may elect to provide a lien in lieu of bond. Under section 6324A(c) and the regulations there under (OMB 1545-0757), to make this election the executor must submit a lien agreement to the IRS. Form 13925 is a form lien agreement that executors may use for this purpose.
US Code: 26 USC 6166 Name of Law: Extension of time for payment of estate tax where estate consists largely of interest in closely hel
   US Code: 26 USC 6324A(c) Name of Law: Agreement
  
None
Not associated with rulemaking
  77 FR 25785 05/01/2012
77 FR 52785 08/30/2012
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 510 500 0 10 0 0
Annual Time Burden (Hours) 510 500 0 10 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
No
We are consolidating the information collection initiated by TD 7941 and the form (Form 13925) used to report the information. The total burden previously approved by OMB increased by 10 hours.
$0
No
No
No
No
No
Uncollected
Cindy Ocmand 9723087837
  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.
08/31/2012