2013 burden estimate

Sch K-1 brdn_busi.PDF

U.S. Income Tax Return for an S Corporation

2013 burden estimate

OMB: 1545-0130

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Burden Computation - Business Forms
Page 1 of 1

August 1, 2013

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

1120S (SCH K-1)/
Shareholder's Share of Income, Deductions, Credits, etc.
2012

Changes (+ -)

2013

5,222,000
______________
30
______________
4.00
______________
0.85
______________
46
______________

+1,873,663
_____________________________
_____________________________
_____________________________
_____________________________
_____________________________

7,095,663
______________
30
______________
4.00
______________
0.85
______________
46
______________

Computation of Changes
7,095,663 x _____________
24.44
Old Computation (Prog. Change) ______________
7,095,663
24.44
New Computation.............. ______________ x _____________
Balance...

=
=

173,418,004
_______________
173,418,004
_______________
_______________
0

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

5,222,000 x _____________
24.44
______________
______________
7,095,663 x _____________
24.44

=
=

127,625,680
_______________
_______________
173,418,004
_______________
+45,792,324

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

______________ x _____________
______________ x _____________

=
=

_______________
_______________
_______________

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

127,625,680
_______________
0
_______________
+45,792,324
_______________
173,418,004
_______________

Paperwork Reduction Act Notice
Time Per Response
24.44
Recordkeeping.............
Learning..................
Preparing.................
Sending...................

Notes:

Average Hours
Per Response
7.17
______________
6.05
______________
10.15
______________
1.07
______________

Average Time
Per Response
7 hrs. , 10 min.
___________________
6 hrs. , 03 min.
___________________
10 hrs. , 09 min.
___________________
1 hrs. , 04 min.
___________________


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