REG-209373-81 (Final), Election to Amortize Start-Up Expenditures for Active Trade or Business

ICR 200312-1545-030

OMB: 1545-1582

Federal Form Document

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Document
Name
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No forms / supporting documents in this ICR. Check IC Document Collections.
ICR Details
1545-1582 200312-1545-030
Historical Active 200012-1545-021
TREAS/IRS
REG-209373-81 (Final), Election to Amortize Start-Up Expenditures for Active Trade or Business
Extension without change of a currently approved collection   No
Regular
Approved without change 01/28/2004
Retrieve Notice of Action (NOA) 12/23/2003
  Inventory as of this Action Requested Previously Approved
01/31/2007 01/31/2007 02/29/2004
150,000 0 15,000
37,500 0 37,500
0 0 0

The information is needed to comply with section 195 of the Internal Revenue Code, which requires taxpayers to make an election in order to amortize start-up expenditures. The information will be used for compliance and audit purposes.

None
None


No

1
IC Title Form No. Form Name
REG-209373-81 (Final), Election to Amortize Start-Up Expenditures for Active Trade or Business

  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 150,000 15,000 0 135,000 0 0
Annual Time Burden (Hours) 37,500 37,500 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.
12/23/2003


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