Instructions For Form 5330 - Internal Revenue Service Page 12
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13payment of the tax would be excessive
Revenue Code. Section 6109 requires
The time needed to complete and
relative to the failure involved. See Rev.
you to provide your taxpayer
file this form will vary depending on
Proc. 2007-4, 2007-1 I.R.B. 118 for
identification number (SSN or EIN). If
individual circumstances. The
procedures to follow in applying for a
you fail to provide this information in a
estimated average time is:
waiver of part or all of the excise tax
timely manner, you may be liable for
Recordkeeping . . .
30 hr., 22 min.
due to reasonable cause. You can find
penalties and interest. Routine uses of
Rev. Proc. 2007-4 at
this information include giving it to the
Learning about the
irs-irbs/irb07-01.pdf.
Department of Justice for civil and
law or the form . . .
15 hr., 45 min.
criminal litigation, and cities, states, and
Line 4. A failure occurs on any day
Preparing and
the District of Columbia for use in
that any applicable individual is not
sending the form
administering their tax laws. We may
provided section 204(h) notice.
to the IRS . . . . . . .
18 hr., 08 min.
also disclose this information to federal
Example. There are 1,000
and state or local agencies to enforce
applicable individuals (AI). The plan
federal nontax criminal laws and to
administrator fails to give section 204(h)
If you have comments concerning
combat terrorism.
notice to 100 AIs for 60 days, and to 50
the accuracy of these time estimates or
of those AIs for an additional 30 days.
suggestions for making this form
You are not required to provide the
In this case there are 7,500 failures
simpler, we would be happy to hear
information requested on a form that is
((100 AI x 60 days) + (50 AI x 30 days)
from you. You can write to the Internal
subject to the Paperwork Reduction Act
= 7,500).
unless the form displays a valid OMB
Revenue Service, Tax Products
control number. Books or records
Privacy Act and Paperwork
Coordinating Committee,
relating to a form or its instructions
Reduction Act Notice. We ask for
SE:W:CAR:MP:T:T:SP, IR-6526, 1111
must be retained as long as their
the information on this form to carry out
Constitution Ave. NW, Washington, DC
contents may become material in the
the Internal Revenue laws of the United
20224. Do not send this form to this
States. This form is required to be filed
administration of any Internal Revenue
address. Instead, see Where To File on
law. Generally, tax returns and return
under sections 4965, 4971, 4972, 4973,
page 3.
4975, 4976, 4977, 4978, 4979, 4979A,
information are confidential, as required
4980, and 4980F of the Internal
by section 6103.
-12-
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