Form 8859 Draft - District Of Columbia First-Time Homebuyer Credit - 2006 Page 2
Download a blank fillable Form 8859 Draft - District Of Columbia First-Time Homebuyer Credit - 2006 in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Form 8859 Draft - District Of Columbia First-Time Homebuyer Credit - 2006 with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
28859
District of Columbia First-Time
OMB No. 1545-0074
2006
Form
Homebuyer Credit
Department of the Treasury
Attachment
Attach to Form 1040 or Form 1040NR.
106
Sequence No.
Internal Revenue Service
Name(s) shown on Form 1040
Your social security number
Note: The District of Columbia first-time homebuyer credit has expired for homes purchased after 2005. In 2006,
you can only claim a carryforward of the credit from 2005.
Part I
General Information
A
Address of home qualifying for the credit (if different from the address shown on Form 1040)
Information from
B
Lot number
C
Square number
D
Settlement or closing date
settlement statement
or deed
Part II
Credit Carryforward From 2005
1
Enter the amount from line 12 of your 2005 Form 8859
1
Part III
Tax Liability Limit
2
2
Enter the amount from Form 1040, line 46, or Form 1040NR, line 43
3
1040 filers: Enter the total of the amounts from Form 1040, lines 47 through 51 and line 53
3
plus any credits from Form 5695, line 12; Form 8396, line 11; and Form 8839, line 18.
1040NR filers: Enter the total of the amounts from Form 1040NR, lines 44 through 46 and
line 48 plus any credits from Form 5695, line 12; Form 8396, line 11; and Form 8839, line 18.
4
4
Subtract line 3 from line 2. If zero or less, enter -0- here and on line 5 and go to line 6
5
Current year credit. Enter the smaller of line 1 or line 4. Also include this amount on Form
1040, line 54 and check box c, or Form 1040NR, line 49 and check box c
5
6
Credit carryforward to 2007. Subtract line 5 from line 1
6
General Instructions
Paperwork Reduction Act Notice. We ask for the
information on this form to carry out the Internal Revenue
Section references are to the Internal Revenue Code.
laws of the United States. You are required to give us the
information. We need it to ensure that you are complying
What’s New
with these laws and to allow us to figure and collect the right
The District of Columbia first-time homebuyer credit has
amount of tax.
expired for homes purchased after 2005. In 2006, you can
You are not required to provide the information requested
only claim a carryforward of the credit from 2005.
on a form that is subject to the Paperwork Reduction Act
unless the form displays a valid OMB control number. Books
Purpose of Form
or records relating to a form or its instructions must be
retained as long as their contents may become material in
Use Form 8859 to claim a carryforward of the District of
the administration of any Internal Revenue law. Generally, tax
Columbia first-time homebuyer credit from 2005.
returns and return information are confidential, as required by
Specific Instructions
section 6103.
The average time and expenses required to complete and
Line 6
file this form will vary depending on individual circumstances.
Any unused credit shown on line 6 can be carried forward
For the estimated averages, see the instructions for your
until it has been used. You cannot carry the unused credit
income tax return.
back to prior years.
If you have suggestions for making this form simpler, we
would be happy to hear from you. See the instructions for
your income tax return.
8859
For Paperwork Reduction Act Notice, see above.
Cat. No. 24779G
Form
(2006)
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial