Fillable Form 8909 - Energy Efficient Appliance Credit

Form 8909 (2012)

Page

Line 27

Paperwork Reduction Act Notice. We ask for the information on this

form to carry out the Internal Revenue laws of the United States. You

Cooperative. A cooperative described in section 1381(a) must allocate

are required to give us the information. We need it to ensure that you are

to its patrons the credit in excess of its liability limit. Therefore, to figure

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

the unused amount of the credit allocated to patrons, the cooperative

amount of tax.

must first figure its tax liability. While any excess is allocated to patrons,

You are not required to provide the information requested on a form

any credit recapture applies as if the cooperative had claimed the entire

that is subject to the Paperwork Reduction Act unless the form displays

credit.

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

If the cooperative is subject to the passive activity rules, include on

instructions must be retained as long as their contents may become

line 25 any energy efficient appliance credit from passive activities

material in the administration of any Internal Revenue law. Generally, tax

disallowed for prior years and carried forward to this year. Complete

returns and return information are confidential, as required by section

Form 8810, Corporate Passive Activity Loss and Credit Limitations, to

6103.

determine the allowed credit that must be allocated between the

The time needed to complete and file this form will vary depending on

cooperative and the patrons. For details see the instructions for Form

individual circumstances. The estimated burden for individual taxpayers

8810.

filing this form is approved under OMB control number 1545-0074 and

Estates and trusts. Allocate the energy efficient appliance credit on line

is included in the estimates shown in the instructions for their individual

26 between the estate or trust and the beneficiaries in the same

income tax return. The estimated burden for all other taxpayers who file

proportion as income was allocated and enter the beneficiaries' share

this form is shown below.

on line 27.

Recordkeeping

. 7 hrs., 24 min.

If the estate or trust is subject to the passive activity rules, include on

Learning about the

line 25 any energy efficient appliance credit from passive activities

law or the form

. 12 min.

disallowed for prior years and carried forward to this year. Complete

Form 8582-CR, Passive Activity Credit Limitations, to determine the

Preparing and sending the form to the IRS .

. 19 min.

allowed credit that must be allocated between the estate or trust and

If you have comments concerning the accuracy of these time

the beneficiaries. For details, see the instructions for Form 8582-CR.

estimates or suggestions for making this form simpler, we would be

happy to hear from you. See the instructions for the tax return with

which this form is filed.

Form 8909 - Energy Efficient Appliance Credit - 2012 Page 3

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