Privacy Act and Paperwork Reduction Act Notice.
We ask for the information on this form to carry out the Internal Revenue laws of the United States. Section 442 says that
you must obtain IRS
approval if you want to adopt, change, or retain a tax year. To obtain approval, you are required to file an application to
adopt, change, or retain a
tax year. Section 6109 requires that you disclose your taxpayer identification number (SSN or EIN). Routine uses of this information
include giving it
to the Department of Justice for civil and criminal litigation, and to cities, states, and the District of Columbia for use
in administering their tax
laws. Failure to provide this information in a timely manner could result in approval of your application being delayed or
withheld.
In addition, the Privacy Act requires that when we ask you for information we must first tell you our legal right to ask for
the information, why
we are asking for it, and what could happen if we do not receive it and whether your response is voluntary, required to obtain
a benefit, or mandatory
under the law.
Our authority to ask for information is sections 6001, 6011, and 6012(a) and their regulations, which require you to file
a return or statement
with us for any tax for which you are liable. Your response is mandatory under these sections. Section 6109 requires that
you provide your SSN or EIN
on what you file. This is so we know who you are, and can process your return and other papers. You must fill in all parts
of the form that apply to
you.
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.
However, section 6103 allows or requires the Internal Revenue Service to disclose or give the information shown on your application
to others as
described in the Code. For example, we may disclose your tax information to the Department of Justice to enforce the tax laws,
both civil and
criminal, and to cities, states, the District of Columbia, U.S. commonwealths or possessions, and certain foreign governments
to carry out their laws.
We may also disclose this information to Federal and state or local agencies to enforce Federal nontax criminal laws and to
combat terrorism.
Keep this notice with your records. It may help you if we ask you for other information. If you have any questions about the
rules for filing and
giving information, call or visit any Internal Revenue Service office.
The time needed to complete and file this form will vary depending on individual circumstances. The estimated average times
are:
|
Recordkeeping |
Learning about the
law or the form |
Preparing
and sending
the form to
the IRS |
|
Parts I and II |
8 hr., 36 min. |
5 hr., 51 min. |
6 hr., 15 min. |
|
Parts I and III |
22 hr., 14 min. |
5 hr., 37 min. |
7 hr., 26 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. You can write to the Tax Products Coordinating Committee, Western Area Distribution Center, Rancho Cordova, CA 95743-0001.
Do not send
the tax form to this office. Instead, see Where To File on page 2.