Form 8817 is filed by taxable farmers
cooperatives to report their income and deductions by patronage and
nonpatronage sources. The IRS uses the information on the form to
ascertain the amounts of patronage and nonpatronage income or loss
were properly computed.
US Code:
26
USC 1383 Name of Law: Computation of tax where cooperative
redeems nonqualified written notices of allocation or nonqualif
US Code: 26
USC 1385 Name of Law: amounts includible in patron's gross
income.
US Code: 26
USC 1382 Name of Law: Taxable income of cooperatives
US Code: 26
USC 1388 Name of Law: Definitions; special rules.
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.