Information Collection Request

Form 1041-N - U.S. Income Tax Return for Electing Alaska Native Settlement Trusts

ICR 202105-1545-009 · OMB 1545-1776 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
Form 1041-N U.S. Income Tax Return for Electing Alaska Native Settlement Trusts Form Modified Repair queued
Form 1041-N Form 1041-N - U.S. Income Tax Return for Electing Alaska Native Settlement Trusts Form Modified Repair queued
SUP STAT (Form 1041-N) (Updated)(N).docx Supporting Statement A Uploaded 2022-10-27 Repair queued
SUP STAT (Form 1041-N) (Updated)(N).docx Supporting Statement A Uploaded 2022-10-27 Repair queued
IC Document Collections
ICR Details
1545-1776 202105-1545-009
Historical Active 201711-1545-024
TREAS/IRS Ready for Treasury
Form 1041-N - U.S. Income Tax Return for Electing Alaska Native Settlement Trusts
Reinstatement without change of a previously approved collection   No
Regular
Approved without change 02/07/2023
Retrieve Notice of Action (NOA) 11/16/2022
  Inventory as of this Action Requested Previously Approved
02/28/2026 36 Months From Approved
20 0 0
793 0 0
0 0 0

An Alaska Native Settlement Trust (ANST) may elect under section 646 to have the special income tax treatment of that section apply to the trust and its beneficiaries. This one-time election is made by filing Form 1041-N. Form 1041-N is used by the ANST to report its income, etc., and to compute and pay any income tax. Form 1041-N is also used for the special information reporting requirements that apply to ANSTs.

US Code: 26 USC 646 Name of Law: Tax treatment of electing Alaska Native Settlement Trusts
  
None

Not associated with rulemaking

  86 FR 26603 05/14/2021
87 FR 6775 11/09/2022
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 20 0 0 0 0 20
Annual Time Burden (Hours) 793 0 0 0 0 793
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$26,340
No
    No
    No
No
No
No
No
Esther Woodworth 202 622-3090

  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.
11/16/2022