Form 8844, Empowerment Zone Employment Credit

ICR 201602-1545-013

OMB: 1545-1444

Federal Form Document

Forms and Documents
IC Document Collections
IC ID
Document
Title
Status
40762 Modified
ICR Details
1545-1444 201602-1545-013
Historical Active 201212-1545-014
TREAS/IRS
Form 8844, Empowerment Zone Employment Credit
Extension without change of a currently approved collection   No
Regular
Approved without change 05/15/2016
Retrieve Notice of Action (NOA) 02/29/2016
  Inventory as of this Action Requested Previously Approved
05/31/2019 36 Months From Approved 05/31/2016
26,400 0 26,400
237,600 0 237,600
0 0 0

The empowerment zone employment (EZE) credit is part of the general business credit under section 38. However, unlike the other components of the general business credit, taxpayers are allowed to offset 25 percent of their alternative minimum tax with the EZE credit.

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

  80 FR 80462 12/24/2015
81 FR 10367 02/29/2016
No

1
IC Title Form No. Form Name
Form 8844, Empowerment Zone Employment Credit 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
No
No
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.
02/29/2016


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