2019 burden estimate

Burden Computation - Business Forms
August 29, 2019

Product: 3520
OMB Number: 1545-0159
Description: Annual Return To Report Transactions With Foreign Trusts and Receipt of
Foreign Gifts
Variables

2016

Responses
Line Items
Attached Forms
Percent Paid Preparor
Code References

Changes (+ -)

2019

1,320

1,320

178

178

1

1

0.85

0.85

45

45

Computation of Changes
Old Computation (Prog. Change)

1,320

×

54.35

=

71,742

New Computation

1,320

×

54.35

=

71,742

Balance

=

Old Computation (Adjustment)

1,320

×

54.35

=

71,742

New Computation

1,320

×

54.35

=

71,742

Balance

=

Summary
Old Burden

71,742

Program Change
Adjustment
New Burden

54.35

Paperwork Reduction Act Notice
Time Per Response
54.35
Average Hours Per Response
Record Keeping

42.57

42 hrs. , 34 min.

Learning

4.84

4 hrs. , 50 min.

Preparing

6.68

6 hrs. , 40 min.

Sending

0.27

0 hrs. , 16 min.

Notes: