Burden

2020-8881-Burden-(Addition of 5 new lines).pdf

Credit for Small Employer Pension Plan Startup Costs and Auto-Enrollment

Burden

OMB: 1545-1810

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Burden Computation - Business Forms
October 23, 2020

Product: 8881
Description:
Variables

OMB Number: 1545-1810

2012

Responses

Changes (+ -)

2020

66,667

Line Items

66,667

7

+5

12

Attached Forms
Percent Paid Preparor
Code References

0.85

0.85

9

9

Computation of Changes
Old Computation (Prog. Change)

66,667

×

3.53

=

235,335

New Computation

66,667

×

4.74

=

316,002

=

80,667.07

Balance
Old Computation (Adjustment)

66,667

×

3.53

=

235,335

New Computation

66,667

×

3.53

=

316,002

Balance

=

Summary
Old Burden

235,335

Program Change

80,667.07

Adjustment
New Burden

4.74

Paperwork Reduction Act Notice
Time Per Response
4.74
Average Hours Per Response
Record Keeping

2.87

2 hrs. , 52 min.

Learning

0.89

0 hrs. , 53 min.

Preparing

0.98

0 hrs. , 58 min.

Sending
Notes:

0.0


File Typeapplication/pdf
File Modified2020-10-23
File Created2020-10-23

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