Rules for Certain Rental Real Estate Activities

ICR 202001-1545-010

OMB: 1545-2194

Federal Form Document

Forms and Documents
Document
Name
Status
Supplementary Document
2020-03-31
Supporting Statement A
2020-01-14
IC Document Collections
ICR Details
1545-2194 202001-1545-010
Active 201612-1545-013
TREAS/IRS
Rules for Certain Rental Real Estate Activities
Extension without change of a currently approved collection   No
Regular
Approved without change 05/14/2020
Retrieve Notice of Action (NOA) 03/31/2020
  Inventory as of this Action Requested Previously Approved
05/31/2023 36 Months From Approved 05/31/2020
2,000 0 2,000
1,000 0 1,000
0 0 0

This Revenue Procedure grants relief under Section 1.469-9(g) for certain taxpayers to make late elections to treat all interests in rental real estate as a single rental real estate activity.

US Code: 26 USC 469 Name of Law: Passive activity losses and credits limited.
  
None

Not associated with rulemaking

  84 FR 64407 11/21/2019
85 FR 17951 03/31/2020
No

1
IC Title Form No. Form Name
Rev. Proc. 2011-34 - Rules for Certain Rental Real Estate Activities

  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 2,000 2,000 0 0 0 0
Annual Time Burden (Hours) 1,000 1,000 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$0
No
    Yes
    No
No
No
No
No
Bryan Rimmke 202 622-3050 [email protected]

  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.
03/31/2020


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