Election of Partnership Level Tax Treatment

ICR 200802-1545-012

OMB: 1545-1912

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Supporting Statement A
2008-02-26
Supplementary Document
2008-02-26
Supplementary Document
2008-02-26
IC Document Collections
ICR Details
1545-1912 200802-1545-012
Historical Active 200503-1545-002
TREAS/IRS ah-1912-012
Election of Partnership Level Tax Treatment
Extension without change of a currently approved collection   No
Regular
Approved without change 06/05/2008
Retrieve Notice of Action (NOA) 04/25/2008
  Inventory as of this Action Requested Previously Approved
06/30/2011 36 Months From Approved 06/30/2008
100 0 100
227 0 227
0 0 0

IRC section 6231(a)(1)(B)(ii) allows small partnerships to elect to be treated under the unified audit and litigation procedures. Form 8893 will allow IRS to better track these elections by providing a standardized format for this election.

US Code: 26 USC 6231(a)(1)(B)(ii) Name of Law: Partnership
  
None

Not associated with rulemaking

  72 FR 67996 12/03/2007
73 FR 22461 04/25/2008
No

1
IC Title Form No. Form Name
Election of Partnership Level Tax Treatment 8893 Election of Partnership Level Tax Treatment

  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) 227 227 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$1,000
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Barbara Bradley 2026223878

  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.
04/25/2008


© 2024 OMB.report | Privacy Policy