Summary of Changes

IRS - OMB REVIEW REQUEST FORM
Request for OMB review of currently approved document:
Date:

Name: Devon

A Stoney

Office Symbols: SE:W:CAR:MP:T:B:C
Phone Number:

(202) 927-9488

Summary of Changes
The following changes were made for the 2011 Form 1040 Schedule H and Instructions
Form 1040 Schedule H
To account for the FUTA rate change in mid-2011 per P.L. 111-92, § 10(a)(1) line 14 was updated to account for the
change in FUTA tax rate: .008 before July 1 and .006 after June 30 and line 19 was updated to account for the change
in Wage percentage: 6.2% before July 1 and 6.0% after June 30.
The form 1040 line references on line 7 and 25 were revised to conform to the latest circulation of the 2011 Form
1040. Lines 7 and 8 from 2010 were removed: Advance Earned income credit (EIC), payments if any and Net taxes
because of the elimination of the AEIC. per P.L. 111-226 repealed AEIC effective January 1, 2011.
Form 1040 Schedule H Instructions
The worksheet line number reference has changed due to changes on the Form 1040 Schedule H where lines 7 and 8
were removed due to the elimination of the Advanced Earned Income Credit.
The FUTA tax rate for 2011 changed per P.L. 110-343 § 404. The rate changed from 6.2 before July 1, 2011 to 6.0
percent after June 30, 2011.
Computation of the FUTA tax liability was changed per PP.L. 111-92, § 10(a)(1) to indicate that change in law thus
resulting in a two part computation of the FUTA tax liability where the FUTA wages were multiplied by .008 before July
1, 2011 and .006 after June 30, 2011.
There were changes to the employee tax rates for social security which changed from 6.2% to 4.2% this affected the
total which changed from 12.4% to 10.4 % (this affected the worksheet also). [Tax Relief, Unemployment Insurance
Reauthorization, and Job Creation Act of 2010 (Pub.L. 111-312, 124 Stat. 3296, H.R. 4853]

Impact on Approved Collection
Public
Law No.

Regulation
No.

Other
Code
References

SAMPLE:
PL 109-567

REG-345675-08

RP 2009-134

+/- 5

Change In IRS Form
& Instructions
No. of Filers
Words

+/- 20,000

+/- 500

Attachments

+/- 1

Data Unknownchanges does
not increase the
number of
taxpayers.

*Please insert how this new (PL, REG, or other), document will affect the currently approved collection.
P.L. 111-92, § 10(a)(1) ; IRC § 3301; P.L. 111-226 repealed AEIC effective January 1, 2011; [Tax Relief,
Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (Pub.L. 111-312, 124 Stat. 3296, H.
R. 4853]; P.L. 110-343 § 404

IRS - OMB REVIEW REQUEST FORM
Request for OMB review of currently approved document:
Date:

Name:

(Continued)

Devon A Stoney

Office Symbols: SE:W:CAR:MP:T:B:C
Phone Number:

(202) 927-9488

Additional Information:
Under, “Part III. Total Household Employment Taxes,” the following changes were made:
Updated the worksheet to coincide with the form 940 Schedule A to be consistent (moved to the end of the
instructions). Due to the fact that the Credit Reduction rate numbers change year to year and with the uncertain
nature of which states would have a credit and the amount it was decided that a generic chart should be made to
incorporate all of the states (including the territories and the District of Columbia). When the numbers are received
from DOL all that would be needed to do is to update the Credit Reduction amounts each year for each state and if
there was no rate .000 would be entered.) This also kept the page numbers the same and resulted in minimum
changes.

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