IRS will resubmit the collection after specifying in the supporting statement the specific information that is being collected through this ICR.
Inventory as of this Action
Requested
Previously Approved
12/31/2014
36 Months From Approved
03/31/2015
5,100
0
5,100
1,275
0
1,275
0
0
0
This regulation requires recipients of prizes and awards to maintain records to determine whether a qualifying designation has been made. The affected public are prize and award recipients who seek to exclude the cost of a qualifying prize or award.
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.
Sup Stmnt REG-209106-89.doc
REG-209106-89 (NPRM) Changes With Respect to Prizes and Awards and Employee Achievement Awards