Original Issue Discount

ICR 200402-1545-007

OMB: 1545-0117

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
16931 Migrated
ICR Details
1545-0117 200402-1545-007
Historical Active 200102-1545-016
TREAS/IRS
Original Issue Discount
Revision of a currently approved collection   No
Regular
Approved without change 03/12/2004
Retrieve Notice of Action (NOA) 02/10/2004
  Inventory as of this Action Requested Previously Approved
03/31/2007 03/31/2007 04/30/2004
5,906,965 0 5,906,965
1,142,324 0 1,142,323
0 0 0

Form 1099-OID is used for reporting original issue discount as required by section 6049 of the Internal Revenue Code. It is used to verify that income earned on discount obligations is properly reported by the recipient.

None
None


No

1
IC Title Form No. Form Name
Original Issue Discount FORM-1099-OID

  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 5,906,965 5,906,965 0 0 0 0
Annual Time Burden (Hours) 1,142,324 1,142,323 0 1 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.
02/10/2004


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