Forest Activities Schedule

ICR 201005-1545-001

OMB: 1545-0007

Federal Form Document

Forms and Documents
Document
Name
Status
Supplementary Document
2010-05-03
Supporting Statement A
2010-05-03
IC Document Collections
IC ID
Document
Title
Status
39317 Modified
ICR Details
1545-0007 201005-1545-001
Historical Active 200612-1545-038
TREAS/IRS
Forest Activities Schedule
Extension without change of a currently approved collection   No
Regular
Approved without change 07/27/2010
Retrieve Notice of Action (NOA) 05/27/2010
  Inventory as of this Action Requested Previously Approved
07/31/2013 36 Months From Approved 07/31/2010
12,333 0 12,333
446,208 0 446,208
0 0 0

Form T is filed by individuals and corporations to report income and deductions from the operation of a timber business. The IRS uses Form T to determine if the correct amount of income and deductions are reported.

US Code: 26 USC 194 Name of Law: Treatment of reforestation expenditures
   US Code: 26 USC 631 Name of Law: Gain or loss in the case of timber, coal, or domestic iron ore
   US Code: 26 USC 611 Name of Law: Allowance of deduction for depletion
   US Code: 26 USC 1231 Name of Law: Propety used in the trade of business and involuntary conversions
  
None

Not associated with rulemaking

  74 FR 58683 11/13/2009
75 FR 28853 05/24/2010
No

1
IC Title Form No. Form Name
Forest Activities Schedule Form T Forest Activities Schedule

  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 12,333 12,333 0 0 0 0
Annual Time Burden (Hours) 446,208 446,208 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$2,071
No
No
No
Uncollected
No
Uncollected
Linda Burke 202 622-9546

  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.
05/27/2010


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