Exercise of an Incentive Stock Option Under...; Transfer of Stock Acquired Through an ...; REG-103146-08-Information Reporting Requirements Under Code Sec. 6039

ICR 200809-1545-010

OMB: 1545-2129

Federal Form Document

ICR Details
1545-2129 200809-1545-010
Historical Inactive
TREAS/IRS
Exercise of an Incentive Stock Option Under...; Transfer of Stock Acquired Through an ...; REG-103146-08-Information Reporting Requirements Under Code Sec. 6039
New collection (Request for a new OMB Control Number)   No
Regular
Preapproved 11/26/2008
Retrieve Notice of Action (NOA) 09/19/2008
Pre-approval contingent upon no substantive changes to this collection after adoption of the final rule. Otherwise this collection should be re-submitted to OMB for review.
  Inventory as of this Action Requested Previously Approved
11/30/2011 36 Months From Approved
51,000 0 0
25,195 0 0
0 0 0

Form 3921 is a copy of the information return filed with the IRS which transferred shares of stock to a recipient through exercise of an incentive stock option under section 422(b). Form 3922 is used to record a transfer of the legal title of a share of stock acquired by the employee where the stock was acquired pursuant to the exercise of an option described in section 423(c). REG-103146-08 - reflects the changes to section 6039 of the Internal Revenue Code made by section 403 of the Tax Relief and Health Care Act of 2006.

US Code: 26 USC 7805 Name of Law: Rules and regulations
   US Code: 26 USC 6039 Name of Law: Information required in connection with certain options
  
PL: Pub.L. 109 - 432 403 Name of Law: Tax Relief and Health Care Act of 2006.

1545-BH69 Proposed rulemaking 73 FR 40999 07/17/2008

  73 FR 40999 07/17/2008
No

  Total Request 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 51,000 0 51,000 0 0 0
Annual Time Burden (Hours) 25,195 0 25,195 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
These proposed regulations reflect the changes to section 6039 of the Internal Revenue Code made by section 403 of the Tax Relief and Health Care Act of 2006. Form 3921 is a copy of the information return filed with the IRS which transferred shares of stock to a recipient through exercise of an incentive stock option under section 422(b). Form 3922 is used to record a transfer of the legal title of a share of stock acquired by the employee where the stock was acquired pursuant to the exercise of an option described in section 423(c).

$6,500
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Melody Devoe 2022837635

  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.
09/19/2008


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