Burden 1098

1098-Burden-2018-09-17.pdf

Form 1098 Mortgage Interest Statement; TD 8571 (Formerly IA-17-90) Reporting Requirements for Recipients of Points Paid on Residential Mortgages

Burden 1098

OMB: 1545-1380

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Burden Computation - Special Business Forms
September 17, 2018

Product: 1098
Description: Mortgage Interest Statement

OMB Number: 1545-1380

Variables
Responses

Changes (+ -)

9999

66,989,155

+8,724,945

75,714,100

15

+1

16

Line Items
Percent Paid Preparor

0.85

0.85

Computation of Changes
Old Computation (Prog. Change)

75,714,100

×

0.23

=

17,414,243

New Computation

75,714,100

×

0.25

=

18,928,525

=

1,514,282

Balance
Old Computation (Adjustment)

66,989,155

×

0.23

=

15,407,506

New Computation

75,714,100

×

0.23

=

18,928,525

=

2,006,737

Balance

Summary
Old Burden

15,407,506

Program Change

1,514,282

Adjustment

2,006,737

New Burden

0.25

Paperwork Reduction Act Notice
Time Per Response
0.25
Average Hours Per Response
Record Keeping

0.0

Learning

0.0

Preparing

0.25

Sending
Notes: Filers from Pub 6961

0.0

0 hrs. , 15 min.


File Typeapplication/pdf
File Modified2018-09-17
File Created2018-09-17

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