IRC SECTION 61 PROVIDES THAT GROSS
INCOME INCLUDES ALL INCOME FROM WHATEVER SOURCE DERIVED. THIS FORM
IS USED BY A LANDOWNER (ON SUBLESSOR) TO REPORT FARM RENTAL INCOME
BASED ON CROPS OR LIVESTOCK PRODUCED BY THE TENANT WHERE THE
LANDOWNER (OR SUBLESSOR) DOES NOT MATERIALLY PARTICIPATE IN THE
OPERATION OR MANAGEMENT OF THE FARM. THE INFORMATION REQUESTED IS
NECESSARY TO DETERMINE THE TAXPAYER'S CORRECT TAX
LIABILITY.
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.