Risk Limitations

ICR 200306-1545-028

OMB: 1545-0712

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
17317 Migrated
ICR Details
1545-0712 200306-1545-028
Historical Active 200007-1545-011
TREAS/IRS
Risk Limitations
Extension without change of a currently approved collection   No
Regular
Approved without change 08/04/2003
Retrieve Notice of Action (NOA) 06/27/2003
  Inventory as of this Action Requested Previously Approved
08/31/2006 08/31/2006 08/31/2003
185,167 0 185,167
735,113 0 735,113
0 0 0

IRC section 465 requires taxpayers to limit their at-risk loss to the lesser of the loss or their amount at risk. Form 6198 is used by taxpayers to determine their deductible loss and by IRS to verify the amount deducted.

None
None


No

1
IC Title Form No. Form Name
Risk Limitations 6198

  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 185,167 185,167 0 0 0 0
Annual Time Burden (Hours) 735,113 735,113 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.
06/27/2003


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