Additional Child Tax Credit

ICR 200107-1545-025

OMB: 1545-1620

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
18933 Migrated
ICR Details
1545-1620 200107-1545-025
Historical Active 199912-1545-018
TREAS/IRS
Additional Child Tax Credit
Revision of a currently approved collection   No
Regular
Approved without change 09/28/2001
Retrieve Notice of Action (NOA) 07/27/2001
This approval covers the amendments to the original submission, dated 9/5/01 and 9/28/01. The agency is not required to display the expiration date.
  Inventory as of this Action Requested Previously Approved
09/30/2004 09/30/2004 10/31/2001
9,000,000 0 3,500,000
9,090,000 0 2,905,000
0 0 0

Section 24 of the Internal Revenue Code allows taxpayers a credit for each of their dependent children who is under age 17 at the close of the taxpayer's tax year. The credit is advantageous to taxpayers as it directly reduces the tax liability for the year and, if the taxpayer has three or more children, may result in a refundable amount of credit.

None
None


No

1
IC Title Form No. Form Name
Additional Child Tax Credit 8812

  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 9,000,000 3,500,000 0 5,500,000 0 0
Annual Time Burden (Hours) 9,090,000 2,905,000 0 6,185,000 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.
07/27/2001


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