Mortgage Interest Credit

ICR 199808-1545-042

OMB: 1545-0930

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
17535 Migrated
ICR Details
1545-0930 199808-1545-042
Historical Active 199505-1545-030
TREAS/IRS
Mortgage Interest Credit
Extension without change of a currently approved collection   No
Regular
Approved without change 10/14/1998
Retrieve Notice of Action (NOA) 08/28/1998
The agency is not required to display the expiration date.
  Inventory as of this Action Requested Previously Approved
10/31/2001 10/31/2001 11/30/1998
30,000 0 30,000
54,600 0 54,300
0 0 0

Used by individual taxpayers to claim a credit against their tax for a portion of the interest paid on a home mortgage in connection with a qualified mortgage credit certificate. IRC section 25 allows the credit and IRC section 163(g) provides that the interest deduction on Schedule A will be reduced by the credit.

None
None


No

1
IC Title Form No. Form Name
Mortgage Interest Credit 8396

  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 30,000 30,000 0 0 0 0
Annual Time Burden (Hours) 54,600 54,300 0 300 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.
08/28/1998


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