EE-12-78 Non-Bank Trustees

ICR 201701-1545-007

OMB: 1545-0806

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2017-01-19
Supplementary Document
2007-05-11
IC Document Collections
IC ID
Document
Title
Status
17427
Modified
ICR Details
1545-0806 201701-1545-007
Historical Active 201311-1545-010
TREAS/IRS
EE-12-78 Non-Bank Trustees
Extension without change of a currently approved collection   No
Regular
Approved without change 04/05/2017
Retrieve Notice of Action (NOA) 02/27/2017
  Inventory as of this Action Requested Previously Approved
04/30/2020 36 Months From Approved 04/30/2017
23 0 23
13 0 13
0 0 0

IRC section 408(a)(2) permits an institution other than a bank to be the trustee of an individual retirement account (IRA). To do so, an application needs to be filed and various requirements need to be met. IRS uses the information to determine whether an institution qualifies to be a non-bank trustee.

US Code: 26 USC 408 Name of Law: Individual retirement accounts
   US Code: 26 USC 6103 Name of Law: Confidentiality and Disclosure of Returns and Return Information
  
None

Not associated with rulemaking

  81 FR 79097 11/10/2016
82 FR 12026 02/27/2017
No

1
IC Title Form No. Form Name
EE-12-78 (Final) Nonbank Trustees

  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 23 23 0 0 0 0
Annual Time Burden (Hours) 13 13 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$0
No
No
No
No
No
Uncollected
Cathy Vohs 202 622-6090

  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.
02/27/2017


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