Biofuel Producer Credit

ICR 201609-1545-026

OMB: 1545-0231

Federal Form Document

Forms and Documents
Document
Name
Status
Form
Modified
Supplementary Document
2009-12-23
Supporting Statement A
2016-10-20
IC Document Collections
IC ID
Document
Title
Status
39735 Modified
ICR Details
1545-0231 201609-1545-026
Historical Active 201303-1545-003
TREAS/IRS
Biofuel Producer Credit
Revision of a currently approved collection   No
Regular
Approved without change 01/01/2017
Retrieve Notice of Action (NOA) 10/27/2016
  Inventory as of this Action Requested Previously Approved
01/31/2020 36 Months From Approved 12/31/2016
3,300 0 3,300
13,233 0 21,252
0 0 0

Form 6478 is used to figure your section 40 biofuel producer credit. Taxpayers may claim the credit for the tax year in which the sale or use occurs. This credit consists of the second generation biofuel producer credit

US Code: 26 USC 6103 Name of Law: Confidentiality and disclosure of returns and return information
   US Code: 26 USC 38(b)(3) Name of Law: The alcohol fuels credit determined under section 40(a)
   US Code: 26 USC 40 Name of Law: Alcohol used as fuel
  
None

Not associated with rulemaking

  81 FR 42792 06/30/2016
81 FR 74868 10/27/2016
No

1
IC Title Form No. Form Name
Biofuel Producer Credit 6478 Biofuel Producer Credit.

  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 3,300 3,300 0 0 0 0
Annual Time Burden (Hours) 13,233 21,252 0 -8,019 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
Yes
Changing Forms
The change in the burden is a result of changes to the form. All references in the prior form to the alcohol mixture, alcohol and small ethanol producer credits have been removed in the updated form. The credits expired for fuels sold or used after 2011. These changes will result in a total annual burden decrease of 8,109 hours.

$850
No
No
No
No
No
Uncollected
Michael Cyrus 202 927-9545

  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.
10/27/2016


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