COMPUTATION OF DEDUCTIBLE HOME MORTGAGE INTEREST

ICR 198711-1545-001

OMB: 1545-1009

Federal Form Document

Forms and Documents
Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
IC ID
Document
Title
Status
131294
Migrated
ICR Details
1545-1009 198711-1545-001
Historical Active 198709-1545-032
TREAS/IRS
COMPUTATION OF DEDUCTIBLE HOME MORTGAGE INTEREST
Revision of a currently approved collection   No
Regular
Approved without change 11/12/1987
Retrieve Notice of Action (NOA) 11/06/1987
  Inventory as of this Action Requested Previously Approved
09/30/1990 09/30/1990 09/30/1990
13,000,000 0 8,000,000
8,574,914 0 8,533,264
0 0 0

THE REGULATIONS ALLOW TAXPAYERS TO MAKE CERTAIN ELECTIONS WHICH AFFECT THE DETERMINATION OF QUALIFIED RESIDENCE INTEREST THE AFFECTED PUBLIC ARE HOMEOWNERS WITH DEBT IN EXCESS OF BASIS WHO ELECT TO TREAT SUCH DEBT AS NOT SECURED BY THEIR RESIDENCE, WHO HAVE DEBT SECURED BY A RESIDENTIAL LOT OR CONTRUCTION MATERIALS, AND WHO HAVE SECOND RESIDENCE.

None
None


No

1
IC Title Form No. Form Name
COMPUTATION OF DEDUCTIBLE HOME MORTGAGE INTEREST

  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 13,000,000 8,000,000 0 5,000,000 0 0
Annual Time Burden (Hours) 8,574,914 8,533,264 0 41,650 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.
11/06/1987


© 2024 OMB.report | Privacy Policy