Justification for Change

JUSTIFICATION FOR CHANGE IN BURDEN

RP-125212-09, Rules for Certain Rental Real Estate Activities (Draft), requires the taxpayer to file an amended return in order to request relief under the revenue proceeding. After receiving an OMB Control Number for the first draft, the revenue proceeding was amended. An “internal discussion” was held among several members of the Office of Associate Chief Counsel, including the originator and contact person for this revenue proceeding, Mr. Bryan Rimmke. A decision was made that it was more reasonable to expect that preparing the amended return would require a burden of approximately 30 minutes, as opposed to the original estimate of 9 minutes.

Accordingly the estimated total annual reporting burden amongst the 2,000 expected respondents is 1,000 hours, as opposed the 300 hours originally estimated, representing a change in total burden of 700 hours.