Domestic Production Activities Deduction

ICR 200705-1545-036

OMB: 1545-1984

Federal Form Document

Forms and Documents
Document
Name
Status
Form
Modified
Supplementary Document
2007-05-15
Justification for No Material/Nonsubstantive Change
2007-05-15
Supplementary Document
2007-05-15
Supplementary Document
2007-05-15
Supporting Statement A
2007-05-15
IC Document Collections
IC ID
Document
Title
Status
19729 Modified
ICR Details
1545-1984 200705-1545-036
Historical Active 200605-1545-025
TREAS/IRS
Domestic Production Activities Deduction
No material or nonsubstantive change to a currently approved collection   No
Regular
Approved with change 07/13/2007
Retrieve Notice of Action (NOA) 06/06/2007
OMB recategorized the burden change as an adjustment, since this change is re-estimate of the burden.
  Inventory as of this Action Requested Previously Approved
07/31/2009 07/31/2009 07/31/2009
300,000 0 11,283,228
8,700,000 0 359,934,974
0 0 0

Taxpayers will use the new Form 8903 and related instructions to calculate the domestic production activities deduction.

US Code: 26 USC 199 Name of Law: Income attributable to domestic production activities
  
None

Not associated with rulemaking

No

1
IC Title Form No. Form Name
Domestic Production Activities Deduction 8903 Domestic Production Activities Deduction

  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 300,000 11,283,228 0 0 -10,983,228 0
Annual Time Burden (Hours) 8,700,000 359,934,974 0 0 -351,234,974 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
Yes
Miscellaneous Actions
Due to information provided by IRS Research and SOI, new estimated response figures were received. ADL formula was modified to meet recommended burden totals from OMB.

$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Clarence Light 202 622-3096

  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.
06/06/2007


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