REG-106388-98 (NPRM) Education Tax Credits

ICR 200112-1545-003

OMB: 1545-1630

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
18966
Migrated
ICR Details
1545-1630 200112-1545-003
Historical Active 199812-1545-006
TREAS/IRS
REG-106388-98 (NPRM) Education Tax Credits
Extension without change of a currently approved collection   No
Regular
Approved without change 02/07/2002
Retrieve Notice of Action (NOA) 12/07/2001
The agency is not required to display the expiration date.
  Inventory as of this Action Requested Previously Approved
02/28/2005 02/28/2005 02/28/2002
1 0 1
1 0 1
0 0 0

Section 25A allows individual taxpayers a Hope Scholarship Credit or a Lifetime Learning Credit for certain educational expenses if certain requirements are met. The proposed regulatons provide guidance to taxpayers regarding the education credits in section 25A. Section 25A provides that a taxpayer must elect to claim an education credit. The proposed regulations provide that a tax payer must elect to claim an education credit by attaching Form 8863, "Education Credits (Hope and Lifetime Learning Credits)" to the taxpayer's return for the year in which the credit is claimed.

None
None


No

1
IC Title Form No. Form Name
REG-106388-98 (NPRM) Education Tax Credits

  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 1 1 0 0 0 0
Annual Time Burden (Hours) 1 1 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.
12/07/2001


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