2014 burden caculation for 1545-1760

Burden Computation - Special Business Forms
Page 1 of 1

June 17, 2014

Product:
Description:
Variables
Responses.......
Line Items......
Forms Prepared..

1099Q/
Payments From Qualified Education Programs (Under Sections 529 and
2013

Changes (+ -)

2014

150,000
______________
14
______________
0.85
______________

+2,259,500
_____________________________
_____________________________
_____________________________

2,409,500
______________
14
______________
0.85
______________

Computation of Changes
2,409,500 x _____________
0.22
Old Computation (Prog. Change) ______________
2,409,500 x _____________
0.22
New Computation.............. ______________
Balance...

=
=

530,090
_______________
530,090
_______________
0
_______________

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

150,000 x _____________
0.22
______________
______________
2,409,500 x _____________
0.22

=
=

33,000
_______________
_______________
530,090
+497,090
_______________

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

______________ x _____________
______________ x _____________

=
=

_______________
_______________
_______________

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

33,000
_______________
0
_______________
+497,090
_______________
530,090
_______________

Paperwork Reduction Act Notice
Time Per Response
0.22
Record Keeping............
Learning..................
Preparing.................
Sending...................

Average Hours
Per Response
______________
______________
______________
0.22
______________

Average Time
Per Response
___________________
___________________
___________________
0 hrs. , 13 min.
___________________

Notes:
The estimated number of filers is 2,409,500 per 2013 Document 6961.