Section 1367 Regarding Open Account Debt (TD 9428)

Adjustments to Basis of Stock and Indebtedness to Shareholders of S Corporations and Treatment of Distributions by S Corporations to Shareholders

⚠️ Notice: This information collection may be referencing outdated material. More recent filings for OMB 1545-1139 can be found here:

Documents and Forms

Information Collection (IC) Details

IC Title:	Section 1367 Regarding Open Account Debt (TD 9428)	Agency IC Tracking Number:

Is this a Common Form? No		IC Status: Unchanged

Obligation to Respond: Mandatory

CFR Citation: 26 CFR 1.1367-2(a)(2)(i).

Information Collection Instruments:

Document Type	Form No.	Form Name	Instrument File	URL	Available Electronically?	Can Be Submitted Electronically?	Electronic Capability

Line of Business: General Government

Subfunction: Taxation Management

Privacy Act System of Records
Title:	FR Citation:

Number of Respondents: 250	Number of Respondents for Small Entity: 0

Affected Public: Private Sector	Private Sector: Businesses or other for-profits

Percentage of Respondents Reporting Electronically: 0 %

	Approved	Previously Approved
Annual Number of Responses for this IC	250	250
Annual IC Time Burden (Hours)	250	250
Annual IC Cost Burden (Dollars)	0	0

Documents for IC

Title	Document	Date Uploaded
REG-144859-04	REG-144859-04.pdf	11/10/2014
TD 9428	TD 9428.pdf	11/10/2014

Blank fields in records indicate information that was not collected or not collected electronically prior to July 2006.