Excise Tax on Structured Settlement Factoring Transactions

ICR 200607-1545-021

OMB: 1545-1826

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
1545-1826 200607-1545-021
Historical Active 200307-1545-024
TREAS/IRS
Excise Tax on Structured Settlement Factoring Transactions
Extension without change of a currently approved collection   No
Regular
Approved without change 10/03/2006
Retrieve Notice of Action (NOA) 07/13/2006
Although this form is used by individual and other taxpayers, it is not used when preparing an individual tax return. The portion of the burden imposed on individual taxpayers will therefore not be approved under OMB Control Number 1545-0074. In its next submission of this information collection, the agency is instructed to provide the Line of Business and Subfunction under the Federal Enterprise Architecture Business Reference Module.
  Inventory as of this Action Requested Previously Approved
10/31/2009 36 Months From Approved 10/31/2006
100 0 100
560 0 560
0 0 0

Form 8876 is used to report structured settlement transactions and pay the applicable excise tax.

None
None


No

1
IC Title Form No. Form Name
Excise Tax on Structured Settlement Factoring Transactions 8876

  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 100 100 0 0 0 0
Annual Time Burden (Hours) 560 560 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.
07/13/2006


© 2022 OMB.report | Privacy Policy