Form 3800, General Business Credit

ICR 201705-1545-012

OMB: 1545-0895

Federal Form Document

Forms and Documents
Document
Name
Status
Form
Modified
Supporting Statement A
2017-11-28
IC Document Collections
IC ID
Document
Title
Status
39869 Modified
ICR Details
1545-0895 201705-1545-012
Active 201402-1545-018
TREAS/IRS
Form 3800, General Business Credit
Extension without change of a currently approved collection   No
Regular
Approved without change 12/18/2017
Retrieve Notice of Action (NOA) 07/17/2017
  Inventory as of this Action Requested Previously Approved
12/31/2020 36 Months From Approved 12/31/2017
250,000 0 250,000
8,345,000 0 8,345,000
0 0 0

IRC section 38 permits taxpayers to reduce their income tax liability by the amount of their general business credit, which is an aggregation of their investment credit, jobs credit, alcohol fuel credit, research credit, low-income housing credit, disabled access credit, enhanced oil recovery credit, etc. Form 3800 is used to figure the correct credit.

PL: Pub.L. 103 - 66 13311 Name of Law: Omnibus Budget Reconciliation Act of 1993
   PL: Pub.L. 110 - 289 3022 Name of Law: Housing and Economic Recovery Act of 2008
   PL: Pub.L. 110 - 343 202, 301, 304, 310, 314 & 702 Name of Law: Emergency Economic Stabilization Act of 2008
   US Code: 26 USC 38 Name of Law: General business credit
   PL: Pub.L. 109 - 432 105(e)(4)(A) Name of Law: Tax Relief and Health Care Act of 2006
   PL: Pub.L. 111 - 5 1201(b) Name of Law: American Recovery and Reinvestment Act of 2009
   PL: Pub.L. 111 - 145 111 Name of Law: United States Capitol Police Administrative Technical Corrections Act of 2009
   PL: Pub.L. 111 - 147 102 Name of Law: Hiring Incentives to Restore Employment Act
   PL: Pub.L. 111 - 148 1421 Name of Law: Patient Protection and Affordable Care Act
   PL: Pub.L. 111 - 240 2012 & 2013 Name of Law: Small Business Jobs Act of 2010
  
None

Not associated with rulemaking

  82 FR 17092 04/07/2017
82 FR 32053 07/11/2017
No

1
IC Title Form No. Form Name
Form 3800, General Business Credit 3800 General Business 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 250,000 250,000 0 0 0 0
Annual Time Burden (Hours) 8,345,000 8,345,000 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$3,500
No
    Yes
    No
Yes
No
Yes
Uncollected
Michael Cyrus 202 927-9545

  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.
07/17/2017


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