Probable or Prospective Reserves Safe Harbor

OMB 1545-1861

This revenue procedure requires a taxpayer to file an election statement with the Service if the taxpayer wants to use the safe harbor to estimate the taxpayers' oil and gas properties' probable or prospective reserves for purposes of computing cost depletion under Sec. 611 of the Internal Revenue Code.

The latest form for Probable or Prospective Reserves Safe Harbor expires 2023-08-31 and can be found here.

Latest Forms, Documents, and Supporting Material

Document Name
2023_SS_1545-1861_JC_KD.docx Supporting Statement A
Revenue Procedure 2004-19 - Probable or Prospective Reserves Safe Harbor Other-Revenue Procedure

All Historical Document Collections

202305-1545-026 Approved without change	Extension without change of a currently approved collection	2023-08-30
202004-1545-015 Approved without change	Extension without change of a currently approved collection	2020-06-29
201701-1545-003 Approved without change	Extension without change of a currently approved collection	2017-02-27
201307-1545-048 Approved without change	Revision of a currently approved collection	2013-11-27
201008-1545-006 Approved without change	Extension without change of a currently approved collection	2010-09-28
200705-1545-018 Approved without change	Extension without change of a currently approved collection	2007-06-08
200405-1545-023 Approved without change	Extension without change of a currently approved collection	2004-05-12
200310-1545-002 Approved without change	New collection (Request for a new OMB Control Number)	2003-10-02