INDIVIDUAL RETIREMENT TRUST ACCOUNT INDIVIDUAL RETIREMENT CUSTODIAL ACCOUNT

ICR 198108-1545-155

OMB: 1545-0365

Federal Form Document

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Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
ICR Details
1545-0365 198108-1545-155
Historical Active
TREAS/IRS
INDIVIDUAL RETIREMENT TRUST ACCOUNT INDIVIDUAL RETIREMENT CUSTODIAL ACCOUNT
New collection (Request for a new OMB Control Number)   No
Regular
Approved without change 10/04/1981
Retrieve Notice of Action (NOA) 08/26/1981
  Inventory as of this Action Requested Previously Approved
10/31/1984 10/31/1984
1,689,000 0 0
844,500 0 0
0 0 0

SECTION 408 ALLOWS INDIVIDUALS TO SET UP INDIVIDUAL RETIREMENT ACCOUNTS. FORMS 5305 AND 5305A ARE USED TO ESTABLISHE THESE INDIVIDUA RETIREMENT ACCOUNTS. WHEN AN INDIVIDUAL'S FORM 1040 IS AUDITED, THIS FORM MAY BE USED TO VERIFY THE EXISTENCE OF THE INDIVIDUAL RETIREMENT ACCOUNT TO WHICH DEDUCTIBLE CONTRIBUTIONS ARE MADE.

None
None


No

1
IC Title Form No. Form Name
INDIVIDUAL RETIREMENT TRUST ACCOUNT INDIVIDUAL RETIREMENT CUSTODIAL ACCOUNT 5305, & 5305A

  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 1,689,000 0 0 0 1,689,000 0
Annual Time Burden (Hours) 844,500 0 0 0 844,500 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected

  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.
08/26/1981


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