IA-120-86 (Final) Capitalization of Interest

ICR 200106-1545-033

OMB: 1545-1265

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
18036
Migrated
ICR Details
1545-1265 200106-1545-033
Historical Active 199808-1545-029
TREAS/IRS
IA-120-86 (Final) Capitalization of Interest
Extension without change of a currently approved collection   No
Regular
Approved without change 08/17/2001
Retrieve Notice of Action (NOA) 06/18/2001
The agency is not required to display the expiration date.
  Inventory as of this Action Requested Previously Approved
08/31/2004 08/31/2004 10/31/2001
500,050 0 500,050
116,767 0 116,767
0 0 0

The regulations require taxpayers to maintain contemporaneous written records of estimates, to file a ruling request to segregate activities in applying the interest capitalization rules, and to request the consent of the Commissioner to change their methods of accounting for the capitalization of interest.

None
None


No

1
IC Title Form No. Form Name
IA-120-86 (Final) Capitalization of 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 500,050 500,050 0 0 0 0
Annual Time Burden (Hours) 116,767 116,767 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
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.
06/18/2001


© 2024 OMB.report | Privacy Policy