Election to Have a Tax Year Other Than a Required Tax Year

ICR 200704-1545-013

OMB: 1545-1036

Federal Form Document

Forms and Documents
Document
Name
Status
Form
Modified
Supplementary Document
2007-04-04
Supporting Statement A
0000-00-00
IC Document Collections
ICR Details
1545-1036 200704-1545-013
Historical Active 200403-1545-030
TREAS/IRS LM-1545-1036-013
Election to Have a Tax Year Other Than a Required Tax Year
Extension without change of a currently approved collection   No
Regular
Approved without change 07/08/2007
Retrieve Notice of Action (NOA) 04/12/2007
  Inventory as of this Action Requested Previously Approved
07/31/2010 36 Months From Approved 06/30/2007
40,000 0 40,000
204,400 0 204,400
0 0 0

Filed by partnerships, S Corporations, and personal service corporations, under section 444(a), to retain or to adopt a tax year that is not a required tax year. Service Centers accept Form 8716 and use the form information to assign master-file codes that allow the Center to accept the filer's tax return filed for a tax year (fiscal year) that would not otherwise be acceptable.

US Code: 26 USC 444 Name of Law: Election of taxable year other than required taxable year
  
None

Not associated with rulemaking

  72 FR 3482 01/25/2007
72 FR 18513 04/12/2007
No

1
IC Title Form No. Form Name
Election to Have a Tax Year Other Than a Required Tax Year 8716 Election to Have a Tax Year Other Than a Required Tax Year

  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 40,000 40,000 0 0 0 0
Annual Time Burden (Hours) 204,400 204,400 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$601
No
No
Uncollected
Uncollected
Uncollected
Uncollected
John Nelson 202 927-9488

  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.
04/12/2007


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