THE TEMPORARY REGULATIONS PROVIDE THE
PROCEDURES AND THE STATEMENTS TO BE FILED BY CERTAIN INDIVIDUALS
AND FOR CORPS. MAKING CERTAIN ELECTIONS UNDER SUBCHAPTER S OF
CHAPTER 1 OF THE INTERNAL REVENUE CODE. THE STATEMENTS REQUIRED TO
BE FILED WOULD BE USED TO VERIFY THAT TAXPAYERS ARE COMPLYING WITH
THE REQUIREMENTS IMPOSED BY CONGRESS UNDER SUBCHAPTER S.
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.