Instructions For Form 1045 - Application For Tentative Refund - 2010 Page 8
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10Yes. Your deduction is limited.
For purposes of figuring casualty
income, figure your adjusted gross
or theft losses, figure modified
Refigure your deduction using the
income as follows.
adjusted gross income by adding the
Mortgage Insurance Premiums
1. Figure the adjustment to each
total of the amounts from lines 3
Deduction Worksheet on page 7.
item of income or deduction in the
through 6 of Form 1045, Schedule B,
No. Your deduction is not
same manner as explained in the
to the adjusted gross income
limited. Enter the amount from line 19
instructions for line 6 of Schedule B
previously used to figure these
on line 20 and enter -0- on line 21.
on page 7, except do not take into
losses.
account any NOL carrybacks when
Line 26—Refigured
figuring adjusted gross income.
Line 10—NOL Carryover
Charitable Contributions
Attach a computation showing how
Generally, subtract line 9 from line 1.
you figured the adjustments.
Refigure your charitable contributions
If zero or less, enter -0-. After
2. Add lines 3, 4, 5, 11, and 23 of
using line 24 as your adjusted gross
completing all applicable columns,
Schedule B to the total adjustments
income unless, for any preceding tax
carry forward to 2011 the amount, if
you figured in (1) above. Use the
year:
any, on line 10 of the column for the
result as your adjusted gross income
•
You entered an amount other than
1st preceding tax year.
to refigure charitable contributions.
zero on line 23, and
Line 20—Refigured
•
You had any items of income or
For NOL carryover purposes, you
Mortgage Insurance
deductions based on adjusted gross
must reduce any charitable
income which are listed in the
Premiums
contributions carryover to the extent
instructions for line 6 of Schedule B
that the NOL carryover on line 10 is
Is your modified adjusted gross
on page 7.
increased by any adjustment to
income from Form 1045, Schedule B,
If you cannot use the amount from
charitable contributions.
line 13, more than $100,000 ($50,000
line 24 as your adjusted gross
if married filing separately)?
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Instructions for Form 1045 (2010)
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