Credit for Alcohol Used as Fuel

ICR 200610-1545-004

OMB: 1545-0231

Federal Form Document

Forms and Documents
Document
Name
Status
Form
Modified
Supporting Statement A
2006-10-13
IC Document Collections
IC ID
Document
Title
Status
39735 Modified
ICR Details
1545-0231 200610-1545-004
Historical Active 200604-1545-064
TREAS/IRS ah-0231-004
Credit for Alcohol Used as Fuel
Revision of a currently approved collection   No
Regular
Approved without change 12/28/2006
Retrieve Notice of Action (NOA) 10/20/2006
  Inventory as of this Action Requested Previously Approved
12/31/2009 36 Months From Approved 12/31/2006
3,300 0 3,300
30,492 0 28,083
0 0 0

IRC section 38(b)(3) allows a nonrefundable income tax credit for businesses that sell or use alcohol. Small ethanol producers also receive a nonrefundable credit for production of qualified ethanol. Form 6478 is used to figure the credits.

US Code: 26 USC 6103 Name of Law: null
  
None

Not associated with rulemaking

  71 FR 40781 07/18/2006
71 FR 62043 10/20/2006
No

1
IC Title Form No. Form Name
Credit for Alcohol Used as Fuel 6478 Credit for Alcohol Used as Fuel

  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 3,300 3,300 0 0 0 0
Annual Time Burden (Hours) 30,492 28,083 0 2,409 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
No
The addition of 3 line items has resulted in a net program increase of 2,409 burden hours.

$850
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Michael Cyrus 202 927-9545

  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.
10/20/2006


© 2024 OMB.report | Privacy Policy