U.S. Income Tax Return for Electing Alaska Native Settlement Trusts

ICR 200501-1545-014

OMB: 1545-1776

Federal Form Document

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Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
ICR Details
1545-1776 200501-1545-014
Historical Active 200403-1545-046
TREAS/IRS
U.S. Income Tax Return for Electing Alaska Native Settlement Trusts
No material or nonsubstantive change to a currently approved collection   No
Regular
Approved without change 01/03/2005
Retrieve Notice of Action (NOA) 01/03/2005
  Inventory as of this Action Requested Previously Approved
08/31/2005 08/31/2005 07/31/2005
50 0 60
680 0 782
0 0 0

An Alaska Native Settlement Trust (ANST) may elect under section 646 to have the special income tax treatment of that section apply to the trust and its beneficiaries. This one-time election is made by filing Form 1041-N and the form is used by the ANST to report its income, etc., and to compute and pay any income tax. Form 1041-N is also used for the special information reporting requirements that apply to ANSTs.

None
None


No

1
IC Title Form No. Form Name
U.S. Income Tax Return for Electing Alaska Native Settlement Trusts 1041-N

  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 50 60 0 -10 0 0
Annual Time Burden (Hours) 680 782 0 -102 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.
01/03/2005


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