Nondeductible IRAs

ICR 200112-1545-034

OMB: 1545-1007

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
39961 Migrated
ICR Details
1545-1007 200112-1545-034
Historical Active 200012-1545-058
TREAS/IRS
Nondeductible IRAs
No material or nonsubstantive change to a currently approved collection   No
Regular
Approved without change 12/07/2001
Retrieve Notice of Action (NOA) 12/07/2001
  Inventory as of this Action Requested Previously Approved
10/31/2002 10/31/2002 10/31/2002
1,800,000 0 1,800,000
2,454,820 0 2,205,470
0 0 0

IRC section 408(o) requires certain information regarding nondeductible contributions to traditional IRAs (reported on Part I of Form 8606). IRC section 408A(d) requires information regarding conversions from traditional IRAs to Roth IRAs and distributions from Roth IRAs (reported on Parts II & III of Form 8606). IRC section 530 requires information regarding distributions from ED IRAs (reported on Part IV of Form 8606).

None
None


No

1
IC Title Form No. Form Name
Nondeductible IRAs FORM-8606

  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 1,800,000 1,800,000 0 0 0 0
Annual Time Burden (Hours) 2,454,820 2,205,470 0 249,350 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.
12/07/2001


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