Instructions For Form 1040 - U.s. Individual Income Tax Return - 2016 Page 101

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Within each of these estimates there is
larly, tax preparation fees and other
If you have comments concerning the
significant variation in taxpayer activity.
out-of-pocket costs vary extensively de-
time and cost estimates below, you can
For example, nonbusiness taxpayers are
pending on the tax situation of the taxpay-
contact us at either one of the addresses
expected to have an average burden of
er, the type of software or professional
shown under We Welcome Comments on
about 8 hours and $120, while business
preparer used, and the geographic loca-
Forms.
taxpayers are expected to have an average
tion.
burden of about 21 hours and $410. Simi-
Estimated Average Taxpayer Burden for Individuals by Activity
Average Burden
Average Time (Hours)
Average
Cost
Form
(Dollars)**
Completion
Primary Form Filed or
Percentage
Total
Record
Tax
and
All
Type of Taxpayer
of Returns
Time*
Keeping
Planning
Submission
Other
All taxpayers
100
12
5
2
4
1
$210
. . . . . . . . . .
Primary forms filed
1040
68
15
7
2
4
1
270
. . . . . . . . . . . .
1040A
20
7
2
1
3
1
90
. . . . . . . . . . .
1040EZ
12
5
1
***
2
1
40
. . . . . . . . . .
Type of taxpayer
Nonbusiness****
70
8
3
1
3
1
120
. . . .
Business****
30
21
11
3
5
1
410
. . . . . .
*Detail may not add to total time due to rounding.
**Dollars rounded to the nearest $10.
***Rounds to less than one hour.
****You are considered a “business” filer if you file one or more of the following with Form 1040: Schedule C, C-EZ, E, or F or Form 2106 or 2106-EZ. You
are considered a “nonbusiness” filer if you don’t file any of those schedules or forms with Form 1040 or if you file Form 1040A or 1040EZ.
-101-

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