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.
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.