Foreign Tax Credit (Individual, Estate, Trust, or Nonresident Alien Individual)

ICR 200312-1545-038

OMB: 1545-0121

Federal Form Document

Forms and Documents
Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
ICR Details
1545-0121 200312-1545-038
Historical Active 200208-1545-042
TREAS/IRS
Foreign Tax Credit (Individual, Estate, Trust, or Nonresident Alien Individual)
No material or nonsubstantive change to a currently approved collection   No
Regular
Approved without change 12/01/2003
Retrieve Notice of Action (NOA) 12/01/2003
  Inventory as of this Action Requested Previously Approved
09/30/2004 09/30/2004 09/30/2004
995,455 0 995,455
2,897,886 0 2,901,205
0 0 0

Form 1116 is used by individuals (including nonresident aliens) estates or trusts who paid foreign income taxes on U.S. taxable income to compute the foreign tax credit. This information is used by the IRS to verify the foreign tax credit.

None
None


No

1
IC Title Form No. Form Name
Foreign Tax Credit (Individual, Estate, Trust, or Nonresident Alien Individual) 1116

  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 995,455 995,455 0 0 0 0
Annual Time Burden (Hours) 2,897,886 2,901,205 0 -3,319 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
Yes

$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.
12/01/2003


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