Special Loss Discount Account and Special Estimated Tax Payments for Insurance Companies

ICR 200612-1545-039

OMB: 1545-1130

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Supplementary Document
2006-12-22
Supporting Statement A
2006-12-22
ICR Details
1545-1130 200612-1545-039
Historical Active 200312-1545-006
TREAS/IRS CB-1130-039
Special Loss Discount Account and Special Estimated Tax Payments for Insurance Companies
Extension without change of a currently approved collection   No
Regular
Approved without change 03/30/2007
Retrieve Notice of Action (NOA) 01/12/2007
  Inventory as of this Action Requested Previously Approved
03/31/2010 36 Months From Approved 03/31/2007
3,000 0 3,000
19,830 0 19,830
0 0 0

Form 8816 is used by insurance companies claiming an additional deduction under IRC section 847 to reconcile their special loss discount and special estimated tax payments, and to determine their tax benefit associated with the deduction. The information is needed by the IRS to determine that the proper additional deduction was claimed and to insure the proper amount of special estimated tax was computed and deposited.

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

Not associated with rulemaking

  71 FR 59857 10/11/2006
72 FR 1577 01/12/2007
No

  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 3,000 3,000 0 0 0 0
Annual Time Burden (Hours) 19,830 19,830 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$2,000
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Clarence Light 202 622-3096

  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.
01/12/2007


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