Instructions for Form 1120-L - Notices
This is archived information that pertains only to the 2006 Tax Year. If you
are looking for information for the current tax year, go to the Tax Prep Help Area.
Privacy Act and Paperwork Reduction Act Notice.
We ask for the information on these forms to carry out the Internal Revenue laws of the United States. You are required to
give us the information.
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.
Section 6109 requires
return preparers to provide their identifying numbers on the return.
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 the following forms will vary depending on individual circumstances. The estimated average
times are:
| Form |
Recordkeeping |
Learning about
the law or the form |
Preparing the form |
Copying,
assembling,
and sending the
form to the IRS |
|
1120-L
|
73 hr., 10 min.
|
37 hr., 54 min.
|
61 hr., 14 min.
|
5 hr., 54 min.
|
|
Sch. M-3 (Form 1120-L)
|
82 hr., 45 min.
|
4 hr., 10 min.
|
5 hr., 42 min.
|
- - - - -
|
If you have comments concerning the accuracy of these time estimates or suggestions for making this form and related schedules
simpler, we would be
happy to hear from you. You can write to the Internal Revenue Service, Tax Products Coordinating Committee, SE:W:CAR:MP:T:T:SP,
1111 Constitution Ave.
NW, IR-6406, Washington, DC 20224.
Do not send the tax form to this office. Instead, see Where To File on page 3.
