Enhanced Oil Recovery Credit

ICR 199809-1545-047

OMB: 1545-1282

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
40092 Migrated
ICR Details
1545-1282 199809-1545-047
Historical Active 199709-1545-028
TREAS/IRS
Enhanced Oil Recovery Credit
No material or nonsubstantive change to a currently approved collection   No
Regular
Approved without change 09/18/1998
Retrieve Notice of Action (NOA) 09/18/1998
  Inventory as of this Action Requested Previously Approved
11/30/2000 11/30/2000 11/30/2000
3,623 0 10,000
31,846 0 81,100
0 0 0

The enhanced oil recovery (EOR) credit is 15 percent of qualified costs paid or incurred during the year. The purpose is to get more oil from the wells. The IRS uses the information on the form to ensure that the credit is correctly computed.

None
None


No

1
IC Title Form No. Form Name
Enhanced Oil Recovery Credit FORM-8830

  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 3,623 10,000 0 319 -6,696 0
Annual Time Burden (Hours) 31,846 81,100 0 2,463 -51,717 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.
09/18/1998


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