Paperwork Reduction Act Notice.
We ask for the information on this form to carry out the Internal
Revenue laws of the United States. You are required to give us the
information if you wish to use this form to make adequate disclosure
to avoid the portion of the accuracy-related penalty due to a
substantial understatement of income tax or disregard of rules, or to
avoid certain preparer penalties. We need it to ensure that you are
complying with these laws and to allow us to figure and collect the
right amount of tax.
You are not required to provide the information requested on a form
that is subject to the Paperwork Reduction Act unless the form
displays a valid OMB control number. Books or records relating to a
form or its instructions must be retained as long as their contents
may become material in the administration of any Internal Revenue law.
Generally, tax returns and return information are confidential, as
required by section 6103.
The time needed to complete and file this form will vary depending
on individual circumstances. The estimated average time is:
| Recordkeeping |
3 hr., 35 min. |
| Learning about the law |
|
| or the form |
1 hr. |
| Preparing and sending |
|
| the form to the
IRS |
1 hr., 6
min.
|
If you have comments concerning the accuracy of these time
estimates or suggestions for making this form simpler, we would be
happy to hear from you. See the instructions for the tax return with
which this form is filed.
