Burden Computation for Form 720 and Schedules

Burden Computation - Business Forms
Page 1 of 1

March 4, 2008

Product:
Description:
Variables
Responses.......
Line Items......
Attachments.....
Forms Prepared..
Code References.

720/PART I

2007

Changes (+ -)

2008

118,854
______________
65
______________
2.00
______________
0.85
______________
5
______________

_____________________________
+17
_____________________________
_____________________________
_____________________________
+3
_____________________________

118,854
______________
82
______________
2.00
______________
0.85
______________
8
______________

Computation of Changes
118,854 x _____________
20.72
Old Computation (Prog. Change) ______________
118,854
25.46
New Computation.............. ______________ x _____________
Balance...

=
=

2,462,655
_______________
3,026,023
_______________
_______________
+563,368

Old Computation (Adjustment).
New Computation..............
Balance...

______________ x _____________
______________ x _____________

=
=

_______________
_______________
_______________

Old Computation..............
New Computation..............
Balance...

______________ x _____________
______________ x _____________

=
=

_______________
_______________
_______________

Summary
Old Burden...................................................
Program Change...............................................
Adjustment...................................................
New Burden...................................................

2,462,655
_______________
+563,368
_______________
_______________
3,026,023
_______________

Paperwork Reduction Act Notice
Time Per Response
25.46
Recordkeeping.............
Learning..................
Preparing.................
Sending...................

Average Hours
Per Response
19.61
______________
1.53
______________
3.78
______________
0.54
______________

Average Time
Per Response
19 hrs. , 36 min.
___________________
1 hrs. , 31 min.
___________________
3 hrs. , 46 min.
___________________
0 hrs. , 32 min.
___________________

Notes:
Form revised, 3 code references and 17 line items added.

Burden Computation - Business Forms
Page 1 of 1

March 4, 2008

Product:
Description:

720/PART II

Variables
Responses.......
Line Items......
Attachments.....
Forms Prepared..
Code References.

2007

Changes (+ -)

2008

16,088
______________
17
______________
1.00
______________
0.85
______________
0
______________

_____________________________
+1
_____________________________
_____________________________
_____________________________
_____________________________

16,088
______________
18
______________
1.00
______________
0.85
______________
0
______________

Computation of Changes
16,088 x _____________
6.08
Old Computation (Prog. Change) ______________
16,088
6.33
New Computation.............. ______________ x _____________
Balance...

=
=

97,816
_______________
101,838
_______________
_______________
+4,022

Old Computation (Adjustment).
New Computation..............
Balance...

______________ x _____________
______________ x _____________

=
=

_______________
_______________
_______________

Old Computation..............
New Computation..............
Balance...

______________ x _____________
______________ x _____________

=
=

_______________
_______________
_______________

Summary
Old Burden...................................................
Program Change...............................................
Adjustment...................................................
New Burden...................................................

97,816
_______________
+4,022
_______________
_______________
101,838
_______________

Paperwork Reduction Act Notice
Time Per Response
6.33
Recordkeeping.............
Learning..................
Preparing.................
Sending...................

Notes:
1 line item added.

Average Hours
Per Response
4.30
______________
0.37
______________
1.39
______________
0.27
______________

Average Time
Per Response
4 hrs. , 18 min.
___________________
0 hrs. , 22 min.
___________________
1 hrs. , 23 min.
___________________
0 hrs. , 16 min.
___________________

Burden Computation - Business Forms
Page 1 of 1

March 4, 2008

Product:
Description:
Variables
Responses.......
Line Items......
Attachments.....
Forms Prepared..
Code References.

720/720 and Part III

2007

Changes (+ -)

2008

124,942
______________
14
______________
0.00
______________
0.85
______________
1
______________

_____________________________
+6
_____________________________
_____________________________
_____________________________
+1
_____________________________

124,942
______________
20
______________
0.00
______________
0.85
______________
2
______________

Computation of Changes
124,942 x _____________
3.61
Old Computation (Prog. Change) ______________
124,942
5.27
New Computation.............. ______________ x _____________
Balance...

=
=

451,041
_______________
658,445
_______________
_______________
+207,404

Old Computation (Adjustment).
New Computation..............
Balance...

______________ x _____________
______________ x _____________

=
=

_______________
_______________
_______________

Old Computation..............
New Computation..............
Balance...

______________ x _____________
______________ x _____________

=
=

_______________
_______________
_______________

Summary
451,041
_______________
+207,404
_______________
_______________
658,445
_______________

Old Burden...................................................
Program Change...............................................
Adjustment...................................................
New Burden...................................................

Paperwork Reduction Act Notice
Time Per Response
5.27
Recordkeeping.............
Learning..................
Preparing.................
Sending...................

Average Hours
Per Response
4.78
______________
0.20
______________
0.28
______________
0.00
______________

Average Time
Per Response
4 hrs. , 46 min.
___________________
0 hrs. , 12 min.
___________________
0 hrs. , 16 min.
___________________
0 hrs. , 00 min.
___________________

Notes:
Form 720 revised, added 1 code reference and 6 line items.

Burden Computation - Business Forms
Page 1 of 1

March 4, 2008

Product:
Description:

720/SCH A

Variables
Responses.......
Line Items......
Attachments.....
Forms Prepared..
Code References.

2007

Changes (+ -)

2008

108,161
______________
16
______________
0.00
______________
0.85
______________
0
______________

_____________________________
_____________________________
_____________________________
_____________________________
_____________________________

108,161
______________
16
______________
0.00
______________
0.85
______________
0
______________

Computation of Changes
108,161 x _____________
3.89
Old Computation (Prog. Change) ______________
108,161
3.89
New Computation.............. ______________ x _____________
Balance...

=
=

420,747
_______________
420,747
_______________
_______________
0

Old Computation (Adjustment).
New Computation..............
Balance...

______________ x _____________
______________ x _____________

=
=

_______________
_______________
_______________

Old Computation..............
New Computation..............
Balance...

______________ x _____________
______________ x _____________

=
=

_______________
_______________
_______________

Summary
Old Burden...................................................
Program Change...............................................
Adjustment...................................................
New Burden...................................................

420,747
_______________
0
_______________
_______________
420,747
_______________

Paperwork Reduction Act Notice
Time Per Response
3.89
Recordkeeping.............
Learning..................
Preparing.................
Sending...................

Notes:
No changes made.

Average Hours
Per Response
3.83
______________
0.00
______________
0.06
______________
0.00
______________

Average Time
Per Response
3 hrs. , 49 min.
___________________
0 hrs. , 00 min.
___________________
0 hrs. , 03 min.
___________________
0 hrs. , 00 min.
___________________

Burden Computation - Business Forms
Page 1 of 1

March 4, 2008

Product:
Description:
Variables
Responses.......
Line Items......
Attachments.....
Forms Prepared..
Code References.

720/SCH C

2007

Changes (+ -)

2008

2,499
______________
148
______________
0.00
______________
0.85
______________
7
______________

_____________________________
+18
_____________________________
_____________________________
_____________________________
+2
_____________________________

2,499
______________
166
______________
0.00
______________
0.85
______________
9
______________

Computation of Changes
2,499 x _____________
37.39
Old Computation (Prog. Change) ______________
2,499
42.17
New Computation.............. ______________ x _____________
Balance...

=
=

93,438
_______________
105,383
_______________
_______________
+11,945

Old Computation (Adjustment).
New Computation..............
Balance...

______________ x _____________
______________ x _____________

=
=

_______________
_______________
_______________

Old Computation..............
New Computation..............
Balance...

______________ x _____________
______________ x _____________

=
=

_______________
_______________
_______________

Summary
93,438
_______________
+11,945
_______________
_______________
105,383
_______________

Old Burden...................................................
Program Change...............................................
Adjustment...................................................
New Burden...................................................

Paperwork Reduction Act Notice
Time Per Response
42.17
Recordkeeping.............
Learning..................
Preparing.................
Sending...................

Average Hours
Per Response
39.70
______________
0.89
______________
1.58
______________
0.00
______________

Average Time
Per Response
39 hrs. , 42 min.
___________________
0 hrs. , 53 min.
___________________
1 hrs. , 34 min.
___________________
0 hrs. , 00 min.
___________________

Notes:
Form 720 revised, 2 code references and 18 line items added.

Burden Computation - Business Forms
Page 1 of 1

March 4, 2008

Product:
Description:
Variables
Responses.......
Line Items......
Attachments.....
Forms Prepared..
Code References.

720/SCH T

2007

Changes (+ -)

2008

18,000
______________
10
______________
0.00
______________
0.85
______________
0
______________

_____________________________
-2
_____________________________
_____________________________
_____________________________
_____________________________

18,000
______________
8
______________
0.00
______________
0.85
______________
0
______________

Computation of Changes
18,000 x _____________
2.43
Old Computation (Prog. Change) ______________
18,000
1.94
New Computation.............. ______________ x _____________
Balance...

=
=

43,740
_______________
34,920
_______________
_______________
-8,820

Old Computation (Adjustment).
New Computation..............
Balance...

______________ x _____________
______________ x _____________

=
=

_______________
_______________
_______________

Old Computation..............
New Computation..............
Balance...

______________ x _____________
______________ x _____________

=
=

_______________
_______________
_______________

Summary
Old Burden...................................................
Program Change...............................................
Adjustment...................................................
New Burden...................................................

43,740
_______________
-8,820
_______________
_______________
34,920
_______________

Paperwork Reduction Act Notice
Time Per Response
1.94
Recordkeeping.............
Learning..................
Preparing.................
Sending...................

Average Hours
Per Response
1.91
______________
0.00
______________
0.03
______________
0.00
______________

Notes:
Form 720 revised, 2 line items deleted.

Average Time
Per Response
1 hrs. , 54 min.
___________________
0 hrs. , 00 min.
___________________
0 hrs. , 01 min.
___________________
0 hrs. , 00 min.
___________________

Burden Computation - Business Forms
Page 1 of 1

March 4, 2008

Product:
Description:

720/720-V OCR (mailout)

Variables
Responses.......
Line Items......
Attachments.....
Forms Prepared..
Code References.

2007

Changes (+ -)

2008

12,900
______________
1
______________
0.00
______________
0.85
______________
0
______________

_____________________________
_____________________________
_____________________________
_____________________________
_____________________________

12,900
______________
1
______________
0.00
______________
0.85
______________
0
______________

Computation of Changes
12,900 x _____________
0.24
Old Computation (Prog. Change) ______________
12,900
0.24
New Computation.............. ______________ x _____________
Balance...

=
=

3,096
_______________
3,096
_______________
_______________
0

Old Computation (Adjustment).
New Computation..............
Balance...

______________ x _____________
______________ x _____________

=
=

_______________
_______________
_______________

Old Computation..............
New Computation..............
Balance...

______________ x _____________
______________ x _____________

=
=

_______________
_______________
_______________

Summary
Old Burden...................................................
Program Change...............................................
Adjustment...................................................
New Burden...................................................

3,096
_______________
0
_______________
_______________
3,096
_______________

Paperwork Reduction Act Notice
Time Per Response
0.24
Recordkeeping.............
Learning..................
Preparing.................
Sending...................

Notes:
No changes made.

Average Hours
Per Response
0.24
______________
0.00
______________
0.00
______________
0.00
______________

Average Time
Per Response
0 hrs. , 14 min.
___________________
0 hrs. , 00 min.
___________________
0 hrs. , 00 min.
___________________
0 hrs. , 00 min.
___________________

Burden Computation - Business Forms
Page 1 of 1

March 4, 2008

Product:
Description:

720/720-V 0TC (over the counter)

Variables
Responses.......
Line Items......
Attachments.....
Forms Prepared..
Code References.

2007

Changes (+ -)

2008

4,300
______________
4
______________
0.00
______________
0.85
______________
0
______________

_____________________________
_____________________________
_____________________________
_____________________________
_____________________________

4,300
______________
4
______________
0.00
______________
0.85
______________
0
______________

Computation of Changes
4,300 x _____________
0.97
Old Computation (Prog. Change) ______________
4,300
0.97
New Computation.............. ______________ x _____________
Balance...

=
=

4,171
_______________
4,171
_______________
_______________
0

Old Computation (Adjustment).
New Computation..............
Balance...

______________ x _____________
______________ x _____________

=
=

_______________
_______________
_______________

Old Computation..............
New Computation..............
Balance...

______________ x _____________
______________ x _____________

=
=

_______________
_______________
_______________

Summary
Old Burden...................................................
Program Change...............................................
Adjustment...................................................
New Burden...................................................

4,171
_______________
0
_______________
_______________
4,171
_______________

Paperwork Reduction Act Notice
Time Per Response
0.97
Recordkeeping.............
Learning..................
Preparing.................
Sending...................

Notes:
No changes made.

Average Hours
Per Response
0.96
______________
0.00
______________
0.02
______________
0.00
______________

Average Time
Per Response
0 hrs. , 57 min.
___________________
0 hrs. , 00 min.
___________________
0 hrs. , 01 min.
___________________
0 hrs. , 00 min.
___________________