Form Ia 8801 - Credit For Prior-Year Minimum Tax For Individuals, Estates, And Trusts - 2013

Download a blank fillable Form Ia 8801 - Credit For Prior-Year Minimum Tax For Individuals, Estates, And Trusts - 2013 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 Ia 8801 - Credit For Prior-Year Minimum Tax For Individuals, Estates, And Trusts - 2013 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

Reset Form
Print Form
Iowa Department of Revenue
2013 IA 8801
Credit for Prior-Year Minimum Tax
Enclose this form with your IA 1040.
for Individuals, Estates, and Trusts
Name(s)
SSN
PART I. Computation of Allowable Credit
1. Enter amount from line 28 of 2012 IA 6251 and on IA 148, Column D. Nonresidents
and part-year residents, enter the amount from line 32 of the 2012 IA 6251. ........... 1. _________________
2. Enter carryforward credit from line 10 of your 2012 IA 8801, and on IA 148,
Column C. ......................................................................................................................... 2 . _________________
3. Total. Add lines 1 and 2. ................................................................................................ 3 . _________________
4. Enter your 2013 regular tax liability from IA 1040, line 39, minus lines 46, 48
and other nonrefundable credits on line 50, or from IA 1041, line 23 minus
lines 27 and 30 (if nonresident 1041 see instructions). ........................................... 4 . _________________
5 . Enter your 2013 tentative minimum tax from line 26 of your 2013 IA 6251.
Nonresidents and part-year residents, multiply your 2013 tentative minimum
tax (line 26 of your 2013 IA 6251) by line 31 of your 2013 IA 6251 (IA 6251,
line 26 x line 31), and enter the result on this line. ..................................................... 5. _________________
6. Subtract line 5 from line 4. If zero or less, enter zero. ............................................... 6. _________________
7. Allowable minimum tax credit. Enter the smaller of line 3 or line 6 here and
on the IA 148 Tax Credits Schedule, Column F. ........................................................ 7 . _________________
PART II. Computation of Minimum Tax Credit Carryforward to 2014
8. Enter amount from line 3, Part I. .................................................................................. 8 . _________________
9. Enter amount from line 7, Part I. .................................................................................. 9 . _________________
10. Carryforward of minimum tax credit to 2014. Subtract line 9 from line 8.
Enter
on IA 148, Column H ............................................................................................ 10. _________________
PURPOSE OF THIS FORM
SPECIFIC INSTRUCTIONS:
Form IA 8801 is used to compute the minimum tax credit, if
To complete this form you will need form IA 6251 for 2012,
any, for minimum tax that was paid in prior years that may be
form IA 6251 for 2013, and the IA 1040 for 2013.
claimed against your regular income tax on line 39 of the IA
Line 2: This is your minimum tax carryforward credit from line
1040 for 2013. The form is also used to compute the
10, form IA 8801, for 2012. Enter on IA 148, Column C.
minimum tax carryforward credit that may be used in 2014
Line 4: Enter your regular tax liability minus allowable
or in future years.
nonrefundable credits. This is computed as follows:
WHO MUST FILE
IA 1040 line 39 less lines 46, 48, and other
nonrefundable credits on line 50 (except the credit for
Form IA 8801 should be completed by individuals, trusts,
prior-year minimum tax).
and estates that:
If nonresident 1041, enter the amount from your line
• had a minimum tax liability in 2013 or had a minimum
23 minus line 27, nonresident credit from line 28, and
tax credit carryforward from 2012; or
other nonrefundable credits on line 30 (except the
• had adjustments and tax preferences on form IA 6251.
credit for prior-year minimum tax).
Line 7: This is a nonrefundable credit taken on line 50 of
the IA 1040 (line 30, IA 1041). The IA 148 Tax Credits
Schedule must be completed and included with the IA 1040
(IA 1041).
*1341009019999*
41-009 (09/03/13)

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial
Go