Burden Computation

Burden Computation - Individual Forms
January 23, 2025

Product: Form 7203
OMB Number: 1545-2302
Description: S Corporation Shareholder Stock and Debt Basis Limitations
Variables

Changes (+ -)

Responses

2022

+70,000

70,000

+68

68

Pages

+2

2

Words

+4,259

4,259

+26

26

+2

2

Line Items

Code References
Income Records
Other Records
Average Lines Used

Computation of Changes
Old Computation (Prog. Change)

70,000

×

0.11

=

7,700

New Computation

70,000

×

3.06

=

214,200

=

206,500

Balance
Old Computation (Adjustment)
New Computation

70,000

×

0.11

=

×

0.11

=

214,200

=

7,700

Balance

Summary
Old Burden
Program Change

206,500

Adjustment

7,700

New Burden

3.06

Paperwork Reduction Act Notice
Time Per Response
3.06
Average Hours Per Response
Record Keeping

0.22

0 hrs. , 13 min.

Learning

0.67

0 hrs. , 40 min.

Preparing

1.59

1 hrs. , 35 min.

Sending

0.58

0 hrs. , 34 min.

Notes: