Distilled Spirits Credit

ICR 201810-1545-007

OMB: 1545-1982

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Supporting Statement A
2018-10-19
IC Document Collections
IC ID
Document
Title
Status
19726 Modified
ICR Details
1545-1982 201810-1545-007
Active 201509-1545-022
TREAS/IRS
Distilled Spirits Credit
Extension without change of a currently approved collection   No
Regular
Approved without change 03/28/2019
Retrieve Notice of Action (NOA) 12/21/2018
  Inventory as of this Action Requested Previously Approved
03/31/2022 36 Months From Approved 03/31/2019
300 0 300
558 0 558
0 0 0

Form 8906, Distilled Spirits Credit, was developed to carry out the provisions of IRC section 5011(a). This section allows eligible wholesalers and persons subject to IRC section 5055 an income tax credit for the average cost of carrying excise tax on bottled distilled spirits. The form provides a means for the eligible taxpayer to compute the amount of credit.

US Code: 26 USC 5055 Name of Law: Drawback of Tax
   US Code: 26 USC 5011(a) Name of Law: Distilled Spirits-In General
  
None

Not associated with rulemaking

  83 FR 49455 10/01/2018
83 FR 27735 12/21/2018
No

1
IC Title Form No. Form Name
Distilled Spirits Credit 8906 Distilled Spirits 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 300 300 0 0 0 0
Annual Time Burden (Hours) 558 558 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$41,677
No
    Yes
    No
No
No
No
Uncollected
Adaline Torres 202 317-5877

  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.
12/21/2018


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