OMB.report

Federal forms, ICRs, and supporting documents

OMB control number

LIFO Conformity Requirement

OMB 1545-1559 ยท TREAS/IRS.

OMB 1545-1559

Revenue Procedure 97-44 permits automobile dealers that comply with the terms of the revenue procedure to continue using the LIFO (Last-in first-out) inventory method despite previous violations of the LIFO conformity requirements of section 472(c) or (e)(2). Revenue Procedure 98-46 modifies Revenue Procedure 97-44 by allowing medium-and heavy-duty truck dealers to take advantage of the favorable relief provided in Revenue Procedure 97-44.

The latest form for LIFO Conformity Requirement expires 2023-01-31 and is listed under ICR 201909-1545-024.

Latest Forms, Documents, and Supporting Material

Latest forms, documents, and information collections
DocumentType
rp98-46.pdf Supplementary Document
Rp97-44.pdf Supplementary Document
2019-10-31_SS_1545-1559rKD.docSupporting Statement A
Revenue Procedures 98-46 and 97-44, LIFO Conformity Requirement Information collection

All Historical Document Collections

Historical document collections
ReferenceFilingReceivedConcludedAction
201909-1545-024 Extension without change of a currently approved collection 2019-12-27 Approved without change
201608-1545-014 Extension without change of a currently approved collection 2016-08-31 Approved without change
201306-1545-052 Extension without change of a currently approved collection 2013-06-27 Approved without change
201003-1545-025 Extension without change of a currently approved collection 2010-03-30 Approved without change
200611-1545-050 Extension without change of a currently approved collection 2007-01-12 Approved without change
200312-1545-009 Extension without change of a currently approved collection 2003-12-12 Approved without change
200012-1545-019 Extension without change of a currently approved collection 2000-12-18 Approved without change
199808-1545-057 No material or nonsubstantive change to a currently approved collection 1998-08-24 Approved without change
199712-1545-012 Extension without change of a currently approved collection 1997-12-11 Approved without change
199709-1545-018 New collection (Request for a new OMB Control Number) 1997-09-18 Approved without change