U.S. CORPORATION INCOME TAX RETURN -- CAPITAL GAINS AND LOSSES -- U.S. PERSONAL HOLDING COMPANY (PHC) TAX, SEC. 280H, LIMITATIONS FOR PERSONAL SERVICE CORPORATION (PSC)
ICR 199306-1545-041
OMB: 1545-0123
Federal Form Document
⚠️ Notice: This information collection may be outdated. More recent filings for OMB 1545-0123 can be found here:
U.S. CORPORATION INCOME TAX
RETURN -- CAPITAL GAINS AND LOSSES -- U.S. PERSONAL HOLDING COMPANY
(PHC) TAX, SEC. 280H, LIMITATIONS FOR PERSONAL SERVICE CORPORATION
(PSC)
No
material or nonsubstantive change to a currently approved
collection
FORM 1120 IS USED BY CORPORATIONS TO
COMPUTE THEIR TAXABLE INCOME AND TAX LIABILITY. SCHEDULE D IS USED
BY CORPORATIONS TO REPORT GAINS AND LOSSES FROM THE SALE OF CAPITAL
ASSETS. SCHEDULE PH IS USED BY PERSON HOLDING COMPANIES TO COMPUTE
THEIR TAX LIABILITY. SCHEDULE H IS USED PERSONAL SERVICE
CORPORATIONS TO DETERMINE IF THEY HAVE MET THE MINIMU
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.