Supplemental Income and Loss

ICR 201903-1545-010

OMB: 1545-1972

Federal Form Document

Forms and Documents
Document
Name
Status
Form
Modified
Supporting Statement A
2019-04-29
IC Document Collections
IC ID
Document
Title
Status
43898 Modified
ICR Details
1545-1972 201903-1545-010
Active 201602-1545-034
TREAS/IRS
Supplemental Income and Loss
Extension without change of a currently approved collection   No
Regular
Approved without change 07/29/2019
Retrieve Notice of Action (NOA) 06/25/2019
OMB understands that the IRS is currently in the process of revising the methodology it uses to estimate burden and costs. OMB expects that future ICRs under this OMB control number will include dollar estimates of annual burden costs to taxpayers calculated using this revised methodology.
  Inventory as of this Action Requested Previously Approved
07/31/2022 36 Months From Approved 07/31/2019
570,000 0 570,000
5,665,800 0 5,665,800
0 0 0

Filers of Form 1040 use Schedule E to report income from rental real estate, royalties, partnerships, S corporations, estates, trusts, and residual interests in real estate mortgage investment conduits (REMICs).

US Code: 26 USC 6012 Name of Law: Persons required to make returns of income.
   US Code: 26 USC 6011 Name of Law: General requirements of return, statement, or list.
  
None

Not associated with rulemaking

  83 FR 65805 12/21/2018
84 FR 29586 06/24/2019
No

1
IC Title Form No. Form Name
Supplemental Income and Loss 1040 Sch. E Supplemental Income and Loss

  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 570,000 570,000 0 0 0 0
Annual Time Burden (Hours) 5,665,800 5,665,800 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$57,674
No
    No
    No
No
No
No
Uncollected
Jeffery Mitchell 202 622-4970

  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.
06/25/2019


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