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 199406-1545-016
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⚠️ Notice: This information collection may be outdated.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)
You may omit
printing the expiration date on this form. You may continue to use
prior versions of this form.
Inventory as of this Action
Requested
Previously Approved
09/30/1997
09/30/1997
09/30/1995
2,835,248
0
2,835,248
481,624,275
0
477,634,327
0
0
0
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.