Form Ia 8801 - Iowa Alternative Minimum Tax Credit For Individuals, Estates, And Trusts - 2015 Page 2

Download a blank fillable Form Ia 8801 - Iowa Alternative Minimum Tax Credit For Individuals, Estates, And Trusts - 2015 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 - Iowa Alternative Minimum Tax Credit For Individuals, Estates, And Trusts - 2015 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

2015 IA 8801 Iowa Alternative Minimum Tax Credit Instructions
Form IA 8801 is used to calculate for individuals,
50 or 2015 IA 1041 completed through line 28;
trusts, and estates the Iowa Alternative Minimum
and 2015 IA 148 Part I completed except for
Tax Credit that can be claimed in tax year 2015,
Iowa Alternative Minimum Tax Credit.
if any, as a result of Iowa Alternative Minimum
Use Schedule A below to detail the Iowa
Tax paid in prior years. It is also used to
Alternative Minimum Tax Credit carried forward
compute the Iowa Alternative Minimum Tax
to tax year 2015. In column A, report the tax
Credit that can be carried forward to tax year
year in which Iowa Alternative Minimum Tax was
2016.
incurred and in column B, the corresponding
The Iowa Alternative Minimum Tax Credit may
amount of tax incurred. In column C, report the
only be claimed to the extent that your regular
cumulative tax credit claimed through tax year
tax liability after all nonrefundable tax credits,
2014 against the column B amount. Subtract the
other than the Iowa Alternative Minimum Tax
column C amount from the column B amount
Credits, is greater than your Iowa Alternative
and enter the result in column D, Iowa
Minimum Tax for tax year 2015.
Alternative Minimum Tax Credit Carryforward.
The total carryforward, sum of values in column
Form IA 8801 should be completed by taxpayers
D, must equal the carryforward reported on line
with Iowa Alternative Minimum Tax liability in tax
8 of the 2014 IA 8801.
year 2014 or Iowa Alternative Minimum Tax
Credit carryforward from tax year 2014. You
Enter the claim information for the Iowa
cannot claim a tax credit in tax year 2015 for
Alternative Minimum Tax Credit in Part I of the
2015 Iowa Alternative Minimum Tax liability.
IA 148 Tax Credits Schedule; use tax credit
code 09. Include this form with the IA 1040 or
To complete this form, you will need your 2014
the IA 1041.
IA 6251; 2014 IA 8801; 2015 IA 6251
completed; 2015 IA 1040 completed through line
Schedule A – Iowa Alternative Minimum Tax Credit Carryforward
A
B
C
D
Tax Year
Iowa Alternative
Cumulative Iowa Alternative
Iowa Alternative Minimum
Incurred
Minimum Tax
Minimum Tax Credit Claimed
Tax Credit Carryforward
2013 or Earlier*
Incurred
Against Tax Incurred
(B – C = D)
Total Carryforward (column D sum) Enter on line 2 of the IA 8801 ...
*Do not include Iowa Alternative Minimum Tax incurred in tax year 2014. That amount is reflected on
line 1 of the IA 8801 and should not be included in Schedule A.
41-009b (09/11/15)

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial
Go
Page of 2