GAINS AND LOSSES FROM COMMODITY FUTURES CONTRACTS AND STRADDLE POSITIONS

ICR 198112-1545-004

OMB: 1545-0644

Federal Form Document

Forms and Documents
Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
ICR Details
1545-0644 198112-1545-004
Historical Active
TREAS/IRS
GAINS AND LOSSES FROM COMMODITY FUTURES CONTRACTS AND STRADDLE POSITIONS
New collection (Request for a new OMB Control Number)   No
Regular
Approved without change 12/23/1981
Retrieve Notice of Action (NOA) 12/17/1981
THE DEPARTMENT OF TREASURY SHOULD REVIEW THE DATA ELEMENTS CONTAINED IN 1545-0644 AND DETERMINE IF EACH ELEMENT IS REQUIRED BY THE STATUTE AND USED FOR THE INTENDED PURPOSE. THE RESULTS OF THIS ASSESSMENT SHOU ACCOMPANY ANY FUTURE SUBMISSION REQUESTING AN EXTENSION OF THE EXPIRATION DATE AND/OR CLEARANCE OF THE REVISED FORM.
  Inventory as of this Action Requested Previously Approved
12/31/1984 12/31/1984
100,000 0 0
302,328 0 0
0 0 0

TITLE V OF P.L. 97-34 MADE SIGNIFICANT CHANGES TO THE TAX TREATMENT OF GAINS AND LOSSES FROM COMMODITY FUTURES CONTRACTS AND STRADDLE POSITIONS. FORM 6781 REFLECTS THESE CHANGES INCLUDING ALL ELECTIONS PROVIDED FOR IN THIS TITLE. THE DATA IS USED TO VERFIY THAT THE TAX REPORTED ACCURATELY REFLECTS ANY SUCH GAINS OR LOSSES.

None
None


No

1
IC Title Form No. Form Name
GAINS AND LOSSES FROM COMMODITY FUTURES CONTRACTS AND STRADDLE POSITIONS 6781

  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 100,000 0 0 100,000 0 0
Annual Time Burden (Hours) 302,328 0 0 302,328 0 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.
12/17/1981


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