Qualified Electric Vehicle Credit

Forms and Documents

Document Name	Status
Form 8834 Qualified Electric Vehicle Credit Form and Instruction	Modified
Form 8834.brdn_busi.pdf Supplementary Document	2007-12-11
Form 8834.Sup.doc Supporting Statement A	2007-12-11

IC Document Collections

IC ID	Document Title	Status
40343	Qualified Electric Vehicle Credit Form and Instruction	Modified

ICR Details

OMB Control No: 1545-1374	ICR Reference No: 200712-1545-011
Status: Historical Active	Previous ICR Reference No: 200511-1545-045
Agency/Subagency: TREAS/IRS	Agency Tracking No: LM-1545-1374-011
Title: Qualified Electric Vehicle Credit
Type of Information Collection: Reinstatement with change of a previously approved collection	Common Form ICR:  No
Type of Review Request: Emergency	Approval Requested By: 12/14/2007
OIRA Conclusion Action: Approved with change	Conclusion Date: 12/17/2007
	Date Received in OIRA: 12/12/2007
Terms of Clearance: This dual-use form is approved for use by businesses.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	06/30/2008	6 Months From Approved
Responses	500	0	0
Time Burden (Hours)	2,350	0	0
Cost Burden (Dollars)	0	0	0

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Abstract: Form 8834 is used to compute an allowable credit for qualified electric vehicles placed in service after June 30, 1993. Section 1913(b) under P.L. 102-1018 created new section 30.

Emergency Justfication: Form 8834 is a dual-use form. The use of the form by individuals is covered under 1545-0074, but the business use of the form covered under 1545-1374 was inadvertenly discontinued. IRS needs reinstatement of this clearance as an emergency review in order to meet its ok-to-print dates.

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Authorizing Statute(s): US Code: 26 USC 30 Name of Law: Credit for qualified electric vehicles
   US Code: 26 USC 6103 Name of Law: Paperwork Reduction
  

Citations for New Statutory Requirements: US Code: 20 USC 1091 Name of Law: Disallowance of loss deduction

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Qualified Electric Vehicle Credit	8834	Qualified Electric Vehicle Credit

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ICR Summary of Burden

	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	500	0	0	500	0	0
Annual Time Burden (Hours)	2,350	0	0	2,350	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: Deleted 1 code reference and deleted 9 lines.

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Annual Cost to Federal Government: $302

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 12/12/2007

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