Burden Methodology for Form 5558

Burden Computation - Individual Forms
October 17, 2019

Product: Form 5558
OMB Number: 1545-0212
Description: Application for Extension of Time To File Certain Employee Plan returns
Variables

Changes (+ -)

Responses
Line Items
Pages

2019

+517,793

517,793

+17

17

+1

1

+0.85

0.85

Words
Code References
Income Records
Other Records
Average Lines Used

Computation of Changes
Old Computation (Prog. Change)

517,793

×

0.11

=

56,958

New Computation

517,793

×

1.19

=

616,174

=

559,216.44

Balance
Old Computation (Adjustment)
New Computation

517,793

×

0.11

=

×

0.11

=

616,174

=

56,957

Balance

Summary
Old Burden
Program Change

559,216.44

Adjustment

56,957

New Burden

1.19

Paperwork Reduction Act Notice
Time Per Response
1.19
Average Hours Per Response
Record Keeping

0.0

Learning

0.42

0 hrs. , 25 min.

Preparing

0.43

0 hrs. , 25 min.

Sending

0.34

0 hrs. , 20 min.

Notes: