Empowerment Zone Employment Credit

ICR 200908-1545-048

OMB: 1545-1444

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Supporting Statement A
2009-08-26
IC Document Collections
IC ID
Document
Title
Status
40762 Modified
ICR Details
1545-1444 200908-1545-048
Historical Active 200902-1545-017
TREAS/IRS db-1444-048
Empowerment Zone Employment Credit
Extension without change of a currently approved collection   No
Regular
Approved without change 01/11/2010
Retrieve Notice of Action (NOA) 10/26/2009
  Inventory as of this Action Requested Previously Approved
01/31/2013 36 Months From Approved 01/31/2010
26,400 0 26,400
237,600 0 237,600
0 0 0

Employers who hire employees who live and work in one of the 11 designated empowerment zones can receive a tax credit for the first $15,000 of wages paid to each employee. The credit is applicable from the date of designation through the year 2004.

US Code: 26 USC 38 Name of Law: General Business Credit.
   US Code: 26 USC 1396 Name of Law: Empowerment zone employment credit
   US Code: 26 USC 1397 Name of Law: Other definitions and special rules
  
None

Not associated with rulemaking

  74 FR 30686 06/26/2009
74 FR 54879 10/23/2009
No

1
IC Title Form No. Form Name
Empowerment Zone Employment Credit Form 8844 Empowerment Zone Employment Credit

  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 26,400 26,400 0 0 0 0
Annual Time Burden (Hours) 237,600 237,600 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$1,000
No
No
Uncollected
Uncollected
No
Uncollected
R. Holmes 202 622-3685

  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.
10/26/2009


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