Instructions For Form 8903 - Domestic Production Activities Deduction - Internal Revenue Service - 2006 Page 8
ADVERTISEMENT
1
2
3
4
5
6
7
81. Completes a separate Form
as either the reporting member or as
Agricultural and horticultural
8903, skips lines 1 –16, and enters its
cooperatives. Reduce the amount
an EAG member other than the
share of the group deduction on line
the cooperative deducts under
reporting member, whichever is
18 as a positive number.
section 1382 by the portion of the
appropriate. In all events, the
2. Completes lines 17 and 19.
cooperative’s DPAD allocated to its
common parent attaches a schedule
3. Attaches a schedule that shows
patrons. However, the entire amount
that shows the amount of the
how its QPAI was figured.
on line 19, which includes any
consolidated group’s DPAD allocated
4. Attaches a copy of the group
amount allocated to patrons, is
to each member of the consolidated
DPAD computation schedule
deductible under section 199 by the
group, and how the allocated amount
provided by the reporting member.
cooperative.
was calculated.
Consolidated groups. If the EAG is
comprised of a single consolidated
Line 19
group, the common parent of the
Domestic Production
consolidated group completes lines 1
through 19 for the group. If the EAG
Activities Deduction
is comprised of more than just the
Combine lines 16 through 18 and
members of a single consolidated
enter the result on line 19 and the
group, the common parent files a
Form 8903 for the consolidated group
appropriate line of your tax return.
Paperwork Reduction Act Notice. We ask for the information on this form to carry out the Internal Revenue laws of
the United States. You are required to give us the information. We need it to ensure that you are complying with these
laws and to allow us to figure and collect the right amount of tax.
You are not required to provide the information requested on a form that is subject to the Paperwork Reduction Act
unless the form displays a valid OMB control number. Books or records relating to a form or its instructions must be
retained as long as their contents may become material in the administration of any Internal Revenue law. Generally,
tax returns and return information are confidential, as required by section 6103.
The estimated burden for individual taxpayers filing this form is approved under OMB control number 1545-0074 and
is included in the estimates shown in the instructions for their individual income tax return. The estimated burden for all
other taxpayers who file this form is shown below:
Recordkeeping . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5 hr., 1 min.
Learning about the law or the form . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
13 hr., 6 min.
Preparing, copying, assembling, and sending the form to the IRS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
13 hr., 46 min.
If you have comments concerning the accuracy of these time estimates or suggestions for making this form simpler,
we would be happy to hear from you. See the instructions for the tax return with which this form is filed.
-8-
Instructions for Form 8903
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial