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
US Code: 26
USC 6103 Name of Law: Confidentiality and disclosure of returns
and return information
Due to a previous computation
error with the fraction of the form prepared, the burden hours were
increased by 12,000, resulting in a total burden of 6,450,000.
$1,000
No
No
Uncollected
Uncollected
No
Uncollected
Emebeth Demrew
2029279565
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.