2016 burden estimate

Burden Computation - Business Forms
Page 1 of 1

August 23, 2016

Product:
Description:

3520/
Annual Return To Report Transactions With Foreign Trusts and Receipt of

Variables
Responses.......
Line Items......
Attachments.....
Forms Prepared..
Code References.

______________
______________
______________
______________
______________

Changes (+ -)

2016

+1,320
_____________________________
+178
_____________________________
+1.00
_____________________________
+0.85
_____________________________
+45
_____________________________

1,320
______________
178
______________
1.00
______________
0.85
______________
45
______________

Computation of Changes
1,320 x _____________
Old Computation (Prog. Change) ______________
1,320 x _____________
54.35
New Computation.............. ______________
Balance...

=
=

_______________
71,742
_______________
_______________
+71,742

Old Computation (Adjustment).
New Computation..............
Balance...

______________ x _____________
______________
1,320 x _____________

=
=

_______________
_______________
_______________

Old Computation..............
New Computation..............
Balance...

______________ x _____________
______________ x _____________

=
=

_______________
_______________
_______________

Summary
Old Burden...................................................
Program Change...............................................
Adjustment...................................................
New Burden...................................................

_______________
+71,742
_______________
_______________
71,742
_______________

Paperwork Reduction Act Notice
Time Per Response
54.35
Recordkeeping.............
Learning..................
Preparing.................
Sending...................

Average Hours
Per Response
42.57
______________
4.84
______________
6.68
______________
0.27
______________

Average Time
Per Response
42 hrs. , 34 min.
___________________
4 hrs. , 50 min.
___________________
6 hrs. , 40 min.
___________________
0 hrs. , 16 min.
___________________

Notes:
The burden estimates in the instructions of Form 3520 will be revised to match the
burden estimates that are reported in the "Arthur D. Little burden worksheet" and
supporting statement.
No change in burden