OMB.report

Federal forms, ICRs, and supporting documents

Information Collection Request

T.D. 8775 (Final) Election Not to Apply Look-Back Methods in De Minimis Cases (REG-120200-97)

ICR 201304-1545-033 · OMB 1545-1572 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
Supporting Statement.doc Supporting Statement A Uploaded 2013-07-30 Available
IC Document Collections
IC IDCollectionTypeStatusForm
18775 T.D. 8775 (Final) - Election Not to Apply Look-Back Methods in De Minimis Cases (REG-120200-97) Unchanged
ICR Details
1545-1572 201304-1545-033
Historical Active 201004-1545-008
TREAS/IRS
T.D. 8775 (Final) Election Not to Apply Look-Back Methods in De Minimis Cases (REG-120200-97)
Extension without change of a currently approved collection   No
Regular
Approved without change 09/11/2013
Retrieve Notice of Action (NOA) 07/30/2013
  Inventory as of this Action Requested Previously Approved
09/30/2016 36 Months From Approved 09/30/2013
20,000 0 20,000
4,000 0 4,000
0 0 0
The regulation requires taxpayers to attach a notification statement to their returns when they elect not to apply the look-back method to long-term contracts in de minimis cases.
US Code: 26 USC 460(b)(6) Name of Law: Special rules for long term contracts
   PL: Pub.L. 105 - 34 1211 Name of Law: Taxpayer Relief Act of 1997
   US Code: 26 USC 7805 Name of Law: Rules and regulations
  
None
Not associated with rulemaking
  78 FR 13402 02/27/2013
78 FR 45012 07/25/2013
No
1
IC Title Form No. Form Name
T.D. 8775 (Final) - Election Not to Apply Look-Back Methods in De Minimis Cases (REG-120200-97)
  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 20,000 20,000 0 0 0 0
Annual Time Burden (Hours) 4,000 4,000 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
$0
No
No
No
No
No
Uncollected
John Aramburu 202 622-4960
  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.
07/30/2013