APPROVED WITH
THE CONDITION THAT THE REVISIONS NOT TAKE EFFECT UNTIL ENACTMENT OF
THE TAX REFORM BILL. IN ADDITION, YOUR REQUESTS FOR CONTINUED USE
OF PRIOR VERSIONS OF THE FORM AND TO OMIT PRINTING THE EXPIRATION
DATE ON THE FORM ARE GRANTED.
Inventory as of this Action
Requested
Previously Approved
09/30/1989
09/30/1989
08/31/1988
5,761
0
5,174
12,465
0
11,431
0
0
0
FORM 1120-POL IS USED BY CERTAIN
POLITICAL ORGANIZATIONS TO REPORT THE TAX IMPOSED BY SECTION 527.
THE FORM IS USED TO DESIGNATE PRINCIPAL CAMPAIGN COMMITTEES THAT
ARE SUBJECT TO A LOWER RATE OF TAX UNDER SECTION 527(H). IRS USES
THIS INFORMATION TO DETERMINE WHETHER THE TAX IS BEING PROPERLY
REPORTED.
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.