Instructions For Form 8839 - 2003 (Page 5 of 5) in pdf

Line 26

For purposes of the adoption credit, your modified

AGI may be different. If you are taking the credit,

Follow these steps before you fill in the line 26 worksheet

be sure to read the instructions for line 8 on page

CAUTION

below.

4 before you enter an amount on that line.

Step

Action

Paperwork Reduction Act Notice. We ask for the

information on this form to carry out the Internal Revenue

Figure the amount you would enter on line 7 of Form 1040

laws of the United States. You are required to give us the

or 1040A if you could exclude the total amount on Form

information. We need it to ensure that you are complying

8839, line 23.

with these laws and to allow us to figure and collect the

If you received social security benefits, use Pub. 915,

right amount of tax.

Social Security and Equivalent Railroad Retirement

You are not required to provide the information

Benefits, to figure the taxable amount of your benefits.

requested on a form that is subject to the Paperwork

Reduction Act unless the form displays a valid OMB

If you made contributions to a traditional IRA for 2003 and

control number. Books or records relating to a form or its

you were covered by a retirement plan at work or through

self-employment, use Pub. 590, Individual Retirement

instructions must be retained as long as their contents

Arrangements (IRAs) to figure your IRA deduction.

may become material in the administration of any Internal

Revenue law. Generally, tax returns and return

If you file Form 1040, figure any amount to be entered on

information are confidential, as required by Internal

the dotted line next to line 33.

Revenue Code section 6103.

The time needed to complete and file this form will

Complete the following lines on your return if they apply:

vary depending on individual circumstances. The

IF you file...

THEN complete...

estimated average time is: Recordkeeping, 39 min.;

Learning about the law or the form, 17 min.;

Form 1040

Lines 8a, 8b, 9a, 10 through 13a,

Preparing the form, 2 hr., 25 min.; and Copying,

14 through 21, 23, 24, and 27

assembling, and sending the form to the IRS, 34 min.

through 32a

If you have comments concerning the accuracy of

Form 1040A

Lines 8a, 8b, 9a, 10a, 11a

these time estimates or suggestions for making this form

through 14b, 16 and 17

simpler, we would be happy to hear from you. See the

instructions for Form 1040 or 1040A.

Modified Adjusted Gross Income (AGI)

Worksheet — Line 26

(keep for your records)

1. Enter the amount you would enter on

line 7 of Form 1040 or 1040A if you

could exclude the total amount on Form

8839, line 23 . . . . . . . . . . . . . . . . . . .

2. Enter the amount from Form 8839, line

23 . . . . . . . . . . . . . . . . . . . . . . . . . .

3. Form 1040 filers, enter the total of lines

8a, 9a, 10 through 13a,14, 15b, 16b, 17

through 19, 20b, and 21. Form 1040A

filers, enter the total of lines 8a, 9a, 10a,

11b, 12b, 13, and 14b . . . . . . . . . . . .

4. Add lines 1, 2, and 3 . . . . . . . . . . . . .

5. Form 1040 filers, enter the total of lines

23, 24, and 27 through 32a, plus any

amount entered on the dotted line next

to line 33. Form 1040A filers, enter the

total of lines 16 and 17 . . . . . . . . . . . .

6. Subtract line 5 from line 4 . . . . . . . . . .

Form 1040 filers, increase the amount

on line 6 above by the total of the

following amounts. Enter the total on

Form 8839, line 26.

• Any amount from Form 2555, lines

43 and 48; Form 2555-EZ, line 18;

and Form 4563, line 15, and

• Any exclusion of income from Puerto

Rico.

Form 1040A filers, enter on Form 8839,

line 26, the amount from line 6 above.

-5-

Instructions For Form 8839 - 2003 Page 5

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