941X Burden_2017

Burden Computation - Business Forms
June 16, 2017

Product: 941X
OMB Number: 1545-0029
Description: Adjusted Employer's QUARTERLY Federal Tax Return or Claim for Refund
Variables
Responses

2013

Changes (+ -)

2017

100,000

Line Items

100,000

68

-8

60

Attached Forms
Percent Paid Preparor

0.85

0.85

5

5

Code References

Computation of Changes
Old Computation (Prog. Change)

100,000

×

17.54

=

1,754,000

New Computation

100,000

×

15.60

=

1,560,000

=

-194,000

Balance
Old Computation (Adjustment)

100,000

×

17.54

=

1,754,000

New Computation

100,000

×

17.54

=

1,560,000

Balance

=

Summary
Old Burden

1,754,000

Program Change

-194,000

Adjustment
New Burden

15.60

Paperwork Reduction Act Notice
Time Per Response
15.6
Average Hours Per Response
Record Keeping

14.35

14 hrs. , 21 min.

Learning

0.5

0 hrs. , 30 min.

Preparing

0.76

0 hrs. , 45 min.

Sending

0.0

Notes: change due to addition of
Qualified small business payroll tax credit for increasing research activities
and
Special addition to wages for Additional Medicare Tax