burden

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Form 1099-K, Payment Card and Third Party Network Transactions

burden

OMB: 1545-2205

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Burden Computation - Special Business Forms
Page 1 of 1

February 23, 2016

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

1099K/
Merchant card and third-party payments
2014

Changes (+ -)

2014

9,436,100
______________
22
______________
0.85
______________

_____________________________
+9
_____________________________
_____________________________

9,436,100
______________
31
______________
0.85
______________

Computation of Changes
9,436,100 x _____________
0.34
Old Computation (Prog. Change) ______________
9,436,100 x _____________
0.48
New Computation.............. ______________
Balance...

=
=

3,208,274
_______________
4,529,328
_______________
+1,321,054
_______________

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

______________ x _____________
______________ x _____________

=
=

_______________
_______________
_______________

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

______________ x _____________
______________ x _____________

=
=

_______________
_______________
_______________

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

3,208,274
_______________
+1,321,054
_______________
_______________
4,529,328
_______________

Paperwork Reduction Act Notice
Time Per Response
0.48
Record Keeping............
Learning..................
Preparing.................
Sending...................

Notes:

Average Hours
Per Response
______________
______________
______________
0.48
______________

Average Time
Per Response
___________________
___________________
___________________
0 hrs. , 28 min.
___________________


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