Instructions For Form 8845 - Indian Employment Credit

Instructions For Form 8845 - Indian Employment Credit - 2015 Page 3

patrons, any credit recapture applies as if the cooperative

beneficiaries in the same proportion as income was

had claimed the entire credit.

allocated and enter the beneficiaries' share on line 7.

If the cooperative is subject to the passive activity rules,

If the estate or trust is subject to the passive activity

include on line 5 any Indian employment credit from

rules, include on line 5 any Indian employment credit from

passive activities disallowed for prior years and carried

forward to this year. Complete Form 8810, Corporate

forward to this year. Complete Form 8582-CR, Passive

Passive Activity Loss and Credit Limitations, to determine

Activity Credit Limitations, to determine the allowed credit

the allowed credit that can be allocated to patrons. For

that must be allocated between the estate or trust and the

details, see the Instructions for Form 8810.

beneficiaries. For details, see the Instructions for Form

8582-CR.

Estates and trusts. Allocate the Indian employment

credit on line 6 between the estate or trust and the

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Instructions for Form 8845 (2015)

Instructions For Form 8845 - Indian Employment Credit - 2015 Page 3