This form was developed to allow a
trustee of a trust or an executor of an estate to make an election
under IRC section 643(g) to allocate any payment of estimated tax
to a beneficiary(ies). This form serves as a transmittal so that
Service Center personnel can determine the correct amounts that are
to be transferred from the fiduciary's account to the individual's
account.
US Code:
26
USC 6654 Name of Law: Failure by individuals to pay estimated
income tax
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.