Burden for Form 1118

Burden Computation - Business Forms
Page 1 of 1

November 10, 2008

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

1118/
Foreign Tax Credit-Corporations
2007

Changes (+ -)

2008

30,000
______________
390
______________
1.00
______________
0.85
______________
183
______________

_____________________________
-92
_____________________________
_____________________________
_____________________________
-8
_____________________________

30,000
______________
298
______________
1.00
______________
0.85
______________
175
______________

Computation of Changes
30,000 x _____________
133.89
Old Computation (Prog. Change) ______________
30,000
109.91
New Computation.............. ______________ x _____________
Balance...

=
=

4,016,700
_______________
3,297,300
_______________
_______________
-719,400

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

______________ x _____________
______________ x _____________

=
=

_______________
_______________
_______________

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

______________ x _____________
______________ x _____________

=
=

_______________
_______________
_______________

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

4,016,700
_______________
-719,400
_______________
_______________
3,297,300
_______________

Paperwork Reduction Act Notice
Time Per Response
109.91
Recordkeeping.............
Learning..................
Preparing.................
Sending...................

Average Hours
Per Response
71.27
______________
17.74
______________
20.62
______________
0.27
______________

Notes:
Deleted 8 Code references and 92 lines.

Average Time
Per Response
71 hrs. , 16 min.
___________________
17 hrs. , 44 min.
___________________
20 hrs. , 37 min.
___________________
0 hrs. , 16 min.
___________________