SPECIAL 10-YEAR AVERAGING METHOD

ICR 198110-1545-032

OMB: 1545-0193

Federal Form Document

Forms and Documents
Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
IC ID
Document
Title
Status
129202 Migrated
ICR Details
1545-0193 198110-1545-032
Historical Active 198108-1545-005
TREAS/IRS
SPECIAL 10-YEAR AVERAGING METHOD
Revision of a currently approved collection   No
Regular
Approved without change 10/15/1981
Retrieve Notice of Action (NOA) 10/02/1981
  Inventory as of this Action Requested Previously Approved
11/30/1983 11/30/1983 11/30/1983
275,000 0 275,000
227,571 0 217,000
0 0 0

IRC SECTION 402(E) ALLOWS TAXPAYERS TO COMPUTE A SEPARATE TAX ON THE ORDINARY INCOME PORTION OF A LUMP-SUM DISTRIBUTION FROM A QUALIFIED EMPLOYEES' PLAN. FORM 4972 IS USED TO CORRECTLY FIGURE THE SEPARATE TAX. THE DATA IS USED TO VERIFY THE CORRECTNESS OF THE SEPARATE TAX.

None
None


No

1
IC Title Form No. Form Name
SPECIAL 10-YEAR AVERAGING METHOD 4972

  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 275,000 275,000 0 0 0 0
Annual Time Burden (Hours) 227,571 217,000 0 8,615 1,956 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
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.
10/02/1981


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