U.S. PARTNERSHIP RETURN OF INCOME, CAPITAL GAINS AND LOSSES, PARTNERS' SHARES OF INCOME, CREDITS, DEDUCTIONS, AND TEMP. REG.--LR-100-86 NPRM--LR-101-86
ICR 198612-1545-019
OMB: 1545-0099
Federal Form Document
⚠️ Notice: This information collection may be outdated. More recent filings for OMB 1545-0099 can be found here:
U.S. PARTNERSHIP RETURN OF
INCOME, CAPITAL GAINS AND LOSSES, PARTNERS' SHARES OF INCOME,
CREDITS, DEDUCTIONS, AND TEMP. REG.--LR-100-86 NPRM--LR-101-86
THE REGULATION PRESCRIBES RULES UNDER
THE AUTHORITY OF IRC SECTION 706(B)(1)(B)(III) FOR DETERMINING THE
APPROPRIATE TAXABLE YEAR FOR PARTNERSHIPS IN CERTAIN SITUATIONS. TO
EFFECTIVELY ADMINISTER THIS PROVISION, THE REGULATION REQUIRES A
PARTNERSHIP TO NOTIFY THE SERVICE OF ITS TAXABLE YEAR AS DETERMINED
UNDER THE REGULATIONS BY MAKING A NOTATION ON THEIR INCOME TAX
RETURND AND BY ATTACHING A STATEMENT
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.