Instructions For Form 1045 - Application For Tentative Refund - 2011 Page 8
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10Modified adjusted gross income
carry forward to 2012 the amount, if
income which are listed in the
for estates and trusts. For
any, on line 10 of the column for the
instructions for line 6 of Schedule B
purposes of figuring miscellaneous
1st preceding tax year.
on page 7.
itemized deductions subject to the 2%
If you cannot use the amount from
Line 20—Refigured
limit, figure modified adjusted gross
line 24 as your adjusted gross
Mortgage Insurance
income by adding the following
income, figure your adjusted gross
Premiums
amounts to the adjusted gross
income as follows.
income previously used to figure
Is your modified adjusted gross
1. Figure the adjustment to each
these deductions.
income from Form 1045, Schedule B,
item of income or deduction in the
•
The total of the amounts from lines
line 13, more than $100,000 ($50,000
same manner as explained in the
3 through 6 of Form 1045,
if married filing separately)?
instructions for line 6 of Schedule B
Schedule B.
on page 7, except do not take into
Yes. Your deduction is limited.
•
The exemption amount shown (or
account any NOL carrybacks when
Refigure your deduction using the
as previously adjusted) on Form
figuring adjusted gross income.
Mortgage Insurance Premiums
1041, line 20.
Attach a computation showing how
Deduction Worksheet on page 7.
•
The income distribution deduction
you figured the adjustments.
No. Your deduction is not
shown (or as previously adjusted) on
2. Add lines 3, 4, 5, 11, and 23 of
limited. Enter the amount from line 19
Form 1041, line 18.
Schedule B to the total adjustments
on line 20 and enter -0- on line 21.
For purposes of figuring casualty
you figured in (1) above. Use the
or theft losses, figure modified
Line 26—Refigured
result as your adjusted gross income
adjusted gross income by adding the
to refigure charitable contributions.
Charitable Contributions
total of the amounts from lines 3
through 6 of Form 1045, Schedule B,
Refigure your charitable contributions
For NOL carryover purposes, you
to the adjusted gross income
using line 24 as your adjusted gross
must reduce any charitable
previously used to figure these
income unless, for any preceding tax
contributions carryover to the extent
year:
that the NOL carryover on line 10 is
losses.
•
You entered an amount other than
increased by any adjustment to
Line 10—NOL Carryover
zero on line 23, and
charitable contributions.
•
Generally, subtract line 9 from line 1.
You had any items of income or
If zero or less, enter -0-. After
deductions based on adjusted gross
completing all applicable columns,
-8-
Instructions for Form 1045 (2011)
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