FORM 982 IS USED BY TAXPAYERS WHO HOLD
PROPERTY AND EXCLUDE FROM GROSS INCOME ANY AMOUNT OF INCOME
ATTRIBUTABLE TO DISCHARGE (WITHIN THE TAXABLE YEAR) OF IDEBTEDNESS
FOR WHICH IT IS LIABLE OR SUBJECT. ALSO USED AS A CONSENT OF A
CORPORATION TO ADJUSTMENT OF BASIS OF ITS PROPERTY. THE DATA IS
USED TO RECORD ANY ADJUSTMENT TO THE BASIS OF THE
PROPERTY.
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.