Instructions For Form 1045 - Application For Tentative Refund - 2008 Page 10
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11Itemized Deductions Limitation Worksheet—See the instructions for line 38 on page 9 (keep for your records)
Enter applicable carryback year
1.
Add the amounts from Form 1045,
Schedule B, lines 17, 20, 26, 31, and 36,
and the amounts from Schedule A (Form
1040), lines 9, 14, and 27 (lines 9, 10, 11,
12, 14, and 28 for 2007), or the amounts
from Schedule A (Form 1040NR), lines 3
and 16; (or as previously adjusted)
2.
Add the amounts from Form 1045,
Schedule B, lines 17 and 31; Schedule A
(Form 1040), line 13 (line 14 for 2007), line
15b for 2005, and any gambling losses
included on line 27 (line 28 for 2007); or
Schedule A (Form 1040NR), line 4b for
2005; (or as previously adjusted)
3.
Subtract line 2 from line 1. If the result is
zero or less, stop
here; combine the
amounts from Form 1045, Schedule B,
lines 18, 21, 27, 32, and 37, and enter the
result on line 38 and line 7 of Form 1045,
Schedule B
4.
Multiply line 3 by 80% (.80)
5.
Enter the amount from Form 1045,
Schedule B, line 22
6.
Enter:
● $124,500 for 1998 ($62,250 if married
filing separately);
● $126,600 for 1999 ($63,300 if married
filing separately);
● $128,950 for 2000 ($64,475 if married
filing separately);
● $132,950 for 2001 ($66,475 if married
filing separately);
● $137,300 for 2002 ($68,650 if married
filing separately);
● $139,500 for 2003 ($69,750 if married
filing separately);
● $142,700 for 2004 ($71,350 if married
filing separately);
● $145,950 for 2005 ($72,975 if married
filing separately);
● $150,500 for 2006 ($75,250 if married
filing separately);
● $156,400 for 2007 ($78,200 if married
filing separately).
7.
Subtract line 6 from line 5
8.
Multiply line 7 by 3% (.03)
9.
Enter the smaller of line 4 or line 8
10.
Is the applicable carryback year 2006 or
2007?
No. Skip lines 10 and 11, go to line 12
Yes. Divide line 9 by 3.0
11.
Subtract line 10 from line 9
12.
Is the applicable carryback year 2006 or
2007?
No. Subtract line 9 from line 1
Yes. Subtract line 11 from line 1
13.
Total itemized deductions from Schedule A
(Form 1040), line 28 (line 29 for 2007), or
Schedule A (Form 1040NR), line 17, (or as
previously adjusted)
14.
Subtract line 12 from line 13. Enter the
difference here and on line 7 of Form 1045,
Schedule B
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