Montana Form Ftb - First-Time Home Buyer Savings Account - 2008
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1
2MONTANA
FTB
2008 First-time Home Buyer Savings Account
Rev. 07-08
Annual Reporting Information for Self-Administered Accounts
Enter your name here (as it appears on your tax return) ____________________________________________________
Enter your social security number _____________________________________________________________________
Enter the name and address of the fi nancial institution where your fi rst-time home buyer savings account is established
________________________________________________________________________________________________
________________________________________________________________________________________________
________________________________________________________________________________________________
Enter your fi rst-time home buyer savings account number __________________________________________________
Enter the date you fi rst established your fi rst-time home buyer savings account _________________________________
Complete the table below reporting the 2008 activity to your fi rst-time home buying savings account.
Column A
Column B
Column C
Column D
Column E
Column F
Enter the date
Enter the amount
Enter the amount
Enter your “eligible
Enter your “non-
Balance – Add
of your deposits,
of your deposits
of interest or other
cost” withdrawals
eligible cost”
the amounts in
earnings, or
to your fi rst-time
income earned
in Column D. (See
withdrawals in
columns B and
withdrawals in
home buyer
on your fi rst-
the instructions for
Column E. (See
C, then subtract
Column A.
savings account in
time home buyer
the defi nition of
the instructions
from this total any
Column B.
savings account in
“eligible cost.”)
for the defi nition
amounts reported
Column C.
of “non-eligible
in Columns D and
cost” and the
E. Enter the result
treatment of these
in Column F.
withdrawals.)
1. Enter in column F the balance of your fi rst-time home buyer savings account as of January 1,
2008. This is the ending balance of your fi rst-time home buyer savings account as of December
31, 2007. If you established your account in 2008 enter zero here as your beginning balance is
established on the date of your fi rst deposit.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14. Enter the column
totals on this line
If you have an amount entered in line 14, column E, enter it here and on
Form 2, Schedule I, line 8. Complete Form FTB-P (Penalty Calculation) if
required.
Enter the ending balance reported in column F. This is your balance that is carried forward to
2009.
If you purchased your fi rst-time home in 2008 and have a balance remaining in column F, see the instructions on
how to report this balance for income tax purposes.
158
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